Lack of money, connections, distribution channels, salespeople, etc. These are all the challenges that young, if not all, entrepreneurs face. And a lot of them get into the narrow space of always thinking, “if only I had x or y, I can do more.”
Rather, the hardest is often defining what the actual problem is that you are trying to find the solution for.
People prepare for an unknowable future and build a diverse resume rather than stick to being good at one thing. It’s a world where statistics dominates over calculus – diversification over conviction.
One of the greatest things I worry about as an entrepreneur is whether I’m failing enough. It seems counter-intuitive but it’s true.
There are two types of discipline, short-term and long-term. Long-term discipline of course is an aggregate of short-term discipline infused with intent, direction, and balance.
In my opinion, this is one of the most beautiful and elegant solutions to the 99-cents-in-my-pocket problem.
When I dropped by Starbucks today to get a coffee fix, the cute barista at the counter asked me if I wanted to try their “Starbucks VIA Brew” instant coffee. I always say yes to cute baristas.
Wherever you go in life, there will be velvet ropes, meant to stop people at their tracks. And different types of people react to the velvet rope in different ways.
Jimmy Chen is an internet & media entrepreneur, computer programmer, and an eager lover of life. He sold his first internet company at the age of 17 and founded VC Media, a "talent management firm run by nerds." He's an Economics & Political Science graduate of UC Berkeley and currently resides in Los Angeles, CA.
