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The Slow Hunch by Nick GrossmanThe Butter Thesis
At USV, we talk a lot about our investment thesis. The USV thesis is a set of ideas that has guided our investing over the years. It is a tool we u...
The Slow Hunch by Nick GrossmanFrom Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...
The Slow Hunch by Nick GrossmanYou Never Know When You've Had a Good Day
Many years ago, when I had just started working at USV, I remember there was kind of a complicated situation that unfolded in a seemingly bad way, and I'll never forget what Brad said in response. He said:you never know when you've had a good dayI didn't really understand what that meant, so he told me a story that went something like: back around the year 2000 at the height of the dot-com boom, there was a guy who was a senior exec at a successful startup. That person had a falling out with ...
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I met with an entrepreneur yesterday who, in passing, mentioned Warren Buffett’s method of prioritizing (ruthlessly). To sum it up:
Jot down a list of the 25 most important things you want to accomplish (in a month, in a year, in life).
Circle the 5 absolutely most important ones, and move them to a “must accomplish” list. This can be hard, since they’re all important.
Then — and this is the trick — move the remaining 20 to your “avoid at all cost” list.
Make a commitment to absolutely avoiding everything on that list (until you’ve accomplished your top 5).
Maybe this is old news to everyone, but it was the first time I’d heard it, and it really stuck with me.
The (obvious, when you think about it) point is that the twenty remaining things on your list will kill your focus on your top 5 in a death by a thousand cuts, and then you won’t actually accomplish anything.
The person I was talking to goes through this process with his team on the last day of every month, and they stick with it. It has resulted in a pretty impressive track record of focus and execution.
I like this, and I am going to give it a go for March. Will report back.
I met with an entrepreneur yesterday who, in passing, mentioned Warren Buffett’s method of prioritizing (ruthlessly). To sum it up:
Jot down a list of the 25 most important things you want to accomplish (in a month, in a year, in life).
Circle the 5 absolutely most important ones, and move them to a “must accomplish” list. This can be hard, since they’re all important.
Then — and this is the trick — move the remaining 20 to your “avoid at all cost” list.
Make a commitment to absolutely avoiding everything on that list (until you’ve accomplished your top 5).
Maybe this is old news to everyone, but it was the first time I’d heard it, and it really stuck with me.
The (obvious, when you think about it) point is that the twenty remaining things on your list will kill your focus on your top 5 in a death by a thousand cuts, and then you won’t actually accomplish anything.
The person I was talking to goes through this process with his team on the last day of every month, and they stick with it. It has resulted in a pretty impressive track record of focus and execution.
I like this, and I am going to give it a go for March. Will report back.
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