The past year has seen a flood of articles commemorating the end of the Cold War, and the fact that "peace" seems to be breaking out in many regions of the world.
Want to start a startup? Get funded by Y Combinator. If you wanted to get rich, how would you do it? I think your best bet would be to start or join a startup.
That's been a reliable way to get rich for hundreds of years. The word "startup" dates from the s, but what happens in one is very similar to the venture-backed trading voyages of the Middle Ages. Startups usually involve technology, so much so that the phrase "high-tech startup" is almost redundant.
A startup is a small company that takes on a hard technical problem. Lots of people get rich knowing nothing more than that. You don't have to know physics to be a good pitcher. But I think it could give you an edge to understand the underlying principles. Why do startups have to be small?
Will a startup inevitably stop being a startup as it grows larger? And why do they so often work on developing new technology?
Why are there so many startups selling new drugs or computer software, and none selling corn oil or laundry detergent? The Proposition Economically, you can think of a startup as a way to compress your whole working life into a few years.
Instead of working at a low intensity for forty years, you work as hard as you possibly can for four. This pays especially well in technology, where you earn a premium for working fast.
Here is a brief sketch of the economic proposition. You could probably work twice as many hours as a corporate employee, and if you focus you can probably get three times as much done in an hour. Then there is one more multiple: Suppose another multiple of three.
Combine all these multipliers, and I'm claiming you could be 36 times more productive than you're expected to be in a random corporate job. Like all back-of-the-envelope calculations, this one has a lot of wiggle room.
I wouldn't try to defend the actual numbers. But I stand by the structure of the calculation. I'm not claiming the multiplier is precisely 36, but it is certainly more than 10, and probably rarely as high as Startups are not magic.
They don't change the laws of wealth creation. They just represent a point at the far end of the curve. There is a conservation law at work here: For example, one way to make a million dollars would be to work for the Post Office your whole life, and save every penny of your salary.
Imagine the stress of working for the Post Office for fifty years. In a startup you compress all this stress into three or four years. You do tend to get a certain bulk discount if you buy the economy-size pain, but you can't evade the fundamental conservation law.
If starting a startup were easy, everyone would do it. How do I get to be a billionaire, like Bill Gates? So let's get Bill Gates out of the way right now.
It's not a good idea to use famous rich people as examples, because the press only write about the very richest, and these tend to be outliers.
Bill Gates is a smart, determined, and hardworking man, but you need more than that to make as much money as he has. You also need to be very lucky.Causes of the Cold War: Various causes are responsible for the outbreak of the Cold War.
At first, the difference between Soviet Russia and USA led to the Cold War. World War Three, by Mistake Harsh political rhetoric, combined with the vulnerability of the nuclear command-and-control system, has made the risk of global catastrophe greater than ever. heartoftexashop.com essay writing service produces % custom essays, term papers & research papers, written by quality essay writers only.
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The ideological differences, economic barriers, political and military alliances, and nuclear . The National Fury -- at Government, Politicians, the Electoral Process -- Is Overwhelming Not Just Bill Clinton’s Presidency, But Also Our Basic Faith in Democracy Itself. Throughout his pre-presidential career, JFK was an active Cold heartoftexashop.com noted, his first Congressional campaign boasted of taking on the anti-Cold War faction of the Democratic party led by Henry Wallace, and as a congressman he aligned himself with those who said the Truman Administration wasn't being tough enough, when he willingly attached his name to the chorus demanding "Who Lost China?".