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“The two most powerful warriors are patience and time” — Leo Tolstoy We've all heard it before. Be patient. Take your time. There's the old Chinese proverb The best time to plant a tree was 20 years ago. The second best time is now Quotes and proverbs kinda don't mean squat if they don't help you move today, move now. In this episode we'll discuss …
 
Explore Airbnb from the Alchemical Transformation. IPOs are exciting. Airbnb's IPO was priced at $68/share. One week later the stock is $140/share giving Airbnb an approximately $84 billion valuation. The excitement around the IPO is thrilling, but the real lessons learned. The real entrepreneurial understandings come from exploring the Airbnb jour…
 
Everyone—and I mean everyone—who is trying to start a business at one point or another goes looking for capital. But not everyone SHOULD go looking for capital. Investors are looking for very specific criteria when they invest. They are looking to reduce risk while increasing return. Entrepreneurs are exactly the opposite. I talk a bit about how in…
 
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