#138 - How A Big Bitcoin Bet Paid Off, How To Best Learn From Bi…
About This Episode
Sam and Shaan analyze the business strategies of moguls like Dan Gilbert and Michael Saylor, focusing on their massive bets in Bitcoin and internet domains. They also discuss the psychological differences between startup and corporate cultures, brainstorming how to navigate salary negotiations and disrupt boring industries like pest control.
Episode Description
Key Takeaways
Perform 'backtesting' on business gurus by researching their interviews and predictions from 10 years ago to see if their long-term track record matches their current hype.
When negotiating salaries at large corporations, always ask for more because hiring managers typically work within 'bands' and rarely offer the maximum compensation upfront.
In large companies, success is often measured by managing internal perceptions and meeting self-set expectations rather than the raw market results typical of startups.
Business Ideas Mentioned
Professional Career Agents for Engineers
Agency
Non-Toxic D2C Pest Control Brand
E-commerce