For every clear example that proves “X is right,” there’s another equally compelling story of success where the mantra was “X is wrong.”
So the question is: Which advice is right for me?
Let’s answer that question.
Finding the right advice
For every clear example that proves “X is right,” there’s another equally compelling story of success where the mantra was “X is wrong.”
So the question is: Which advice is right for me?
Let’s answer that question.
Satisficing vs Maximizing
“Maximizing” means expending time and effort to ensure you’ve solved something as best as possible. It typically needs lots of exploration and analysis to ensure “the best” option hasn’t been overlooked, and that we have confidence in our evaluation of all options.
“Satisficing” means picking the first option that satisfies some given criteria. It’s less time exploring & analyzing, more time acting. It’s not getting paralyzed by the pursuit of “perfect,” but it often doesn’t result in finding the very best.
In software and startups we can choose when we maximize, and when we satisfice. It might seem like maximizing is best especially when you have teams of smart people who can do the maximizing. But not necessarily.
Not sure?
Whenever you’re dithering, usually the correct answer is the difficult one. The reason you’re dithering isn’t that you’re unsure. It’s that you don’t like the truth, so your emotions are trying to justify the easier path.
But your job is to do the difficult thing.
Avoiding the trap of low-knowledge, high-confidence theories
There’s an underlying mechanism that causes us to be falsely confident in our command of knowledge and decision-making. We automatically construct narratives of comprehension, even when our command of the facts is feeble.
Defeating this requires intentional effort.
The wrong question: Is now the right time to start a company?
The answer to that question is “yes,” but that’s why it’s the wrong question.
Why large companies acquire small companies
Large companies don’t acquire small companies for their financials, because small company revenues won’t mathematically affect the growth or value of the acquirer. Rather, small companies are acquired for strategic reasons, and understanding how that works is the key to understanding how small companies are sold.
Look what we did
“You must be so proud of what you created” — the reflexive conclusion delivered by visitors to our building at WP Engine, struck by a beautiful place teeming with energy and activity, coming upon the little office of the founder.
“What we created,” I always respond. It’s not false humility. I didn’t create this. There are over four hundred people creating it even as we speak. I haven’t even been the CEO for three and a half years.
Building in public forces true competitive advantage
If you write your code in a public github repo, others will judge your code, with a broad definition of “quality” that includes everything from file and class organization, documentation, tests, avoiding placing API keys in code, eliminating your reliance on “security by obscurity,” and even that artful quality which like the proverbial US Supreme Court definition of pornography is impossible to define but “you know it when you see it.” In this sense, building in public forces you to create quality, artful code.
The force at work is as simple as it is universal: Ego — your desire to impress others.
Can you redirect the same force to create even more valuable outcomes?
Laws of 10x found everywhere. For good reason?
We all see patterns, even when there’s only noise. And we like a good story. If the story makes sense, and the pattern isn’t complete nonsense, we see the story as truth, and the pattern as verified.
Maybe that’s the case with the idea that things in startups come in 10x increments.
But I think it’s actually true, or true enough that it’s an excellent rule of thumb that should be assumed until proven false. Here’s a bunch of examples to guide you.
Worrying is self-fulfilling; what to do instead
“Worry” causes the very thing you’re worried about, to actually happen.
“Worry” breaks everything, even things which aren’t broken. It doesn’t lead constructively to solutions, it just creates problems.
The opposite of “Worry” isn’t “Apathy.” The opposite is “Planning” and “Preparation.”
How to simplify complex decisions by cleaving the facts
Businesses of all sizes face complex decisions for which there is no one, correct answer, and yet a strong and often permanent decision has to be made.
Sometimes this is due to fundamental uncertainty inherent in the decision, e.g. not knowing how the market will evolve, what competitors are secretly investing in, whether new marketing campaigns will be successful, or how an important new hire will perform.
But I’ve seen little startups, mid-sized companies like WP Engine, and large companies struggle to deal with complexity in decisions even in conditions of little uncertainty, but in conditions of high complexity, and this is something we can improve.
The optimistic case for IoT security standards
With the second major IoT-based DDoS attack having passed through the news cycle, everyone wants to know what can be done to stop it. With the quantity of internet-enabled devices increasing at an accelerated rate for the foreseeable future, we know it the answer to that question has to be answered as quickly as possible.
Subscribe to my podcasts at iTunes
Look for this icon in my blog posts for the audio versions, or subscribe to my iTunes podcast feed.
