Content database
Key themes
- Almost everything you do is valuable in some way, and can be leveraged in some way in the future for what you end up deciding you want to do. Make an effort to learn as much as possible from whatever you’re doing.
- Tie your story to whatever the company’s mission is when you’re interviewing
- Confidence is a positive feedback loop. It makes you more inclined to do things which gives you more learnings and abilities which makes you better which makes you more confident and so it goes.
- The easier you make it for someone to help you, the more likely they are to do it. People are more helpful than you think and want to help you, but you have to make it easy. Think about how you would feel if someone asked you what you are about to ask them. Ask for one thing at a time.
- Try understand what you want. Most people don’t know. You don’t need to know the end state you just need to know the next step. Perfect is the enemy of better.
- You have to understand someone before you can manage them. What motivates them?
- Negotiating: Never take the first offer. Make it clear you can solve some subset of the counterparty’s core problems, that is your value. No one wants to pay you for what you’ve already done, they want to pay you for what you will do. Make it clear what you are giving up to be there, not to ask to be compensated for that but to show your commitment to the organization
- Other themes to go deeper on:
- Linkedin Optimization
- Cold / warm outreach and how to do it
- What questions to ask at the end of an interview
- Writing a cover letter
5/24/2023
Understand impact of cash float, positive working capital
Someone signs up on x day, pay 1 month worth of services. Pay out on 15th and 30th of every month.
Assuming some other expenses ($25k per month)
Expenses:
- Applicant: $22 per month (make it daily)
- $25k billed twice a month
- Payroll billed (80%) billed 7 days earlier
- Customer acquisition cost: $3
Revenue:
- Applicant: $37 a month paid upon sign up