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Yep, kids on the way; had to sell his home and move in on the couch of another silicone valley investor to finish the first rocket launch that landed his first contracts. Said he was days away from being negative. This is an amazing read <EDIT harmless joke out> https://www.amazon.com/Elon-Musk-SpaceX-Fantastic-Future/dp/006230125X
There's an excellent book about this called The Cuckoo's Egg. Highly recommend it, especially if you're getting started in the software development / cybersecurity space, or working alongside government agencies.
False. Read up on Elon. He may not be bending the metal to build the rockets, or assembling the batteries that go into Teslas (what CEO does?), but he knows a great deal about the engineering behind all their products.
If you haven't already, I highly recommend you read this.
Jobs, OTOH, had no background in computer science or engineering and never claimed to. His thing was design, which he (obviously) did really well.
In The E-myth Revisited, Michael Gerber paraphrased a quote from Gen. George Patton. It has stuck with me for many years after having read the book.
>The comfort zone makes cowards of us all.
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> I think the primary problem is that the business is "me" and I'm having a difficult time transitioning from a "freelancer" to a "business" in a way that still keeps me flush with reliable income.
Read The E-Myth Revisited.
The first chapter or so will resonate with you deeply as the whole book is about turning your business into an actual business that can function without you so you can get your life back.
I just read The E-Myth Revisited and I cannot recommend it enough for any entrepreneur. It talks about how to build a sustainable business.
You don't need a co-founder and you don't need investors.
Build an MVP in 3 months and see how it goes.
Do not make the mistake of wasting 3 years to build something no one wants. Do not give half to a co-founder for something you can handle in the beginning.
Also, subscribe to Valuetainment. It has phenomenal content on everything you'd need.
There's a good book on this called "The E Myth" that might help shed some light on this for you. It's not a huge long book, but it goes into the idea that running a business is entirely different than working in your field.
Also, try to keep in perspective your experience. If you fail, so what? You have a great opportunity here to try something. If it works then great! If not, you might go back to a 9-5 with a new appreciation for the simplicity of it all.
>He was in the right place at the right time
Incorrect, read the book on him written by Ashlee Vance and you will understand that it was not just so.
My overall view is that he's an increadible, but deeply flawed, person.
He's simultaneously transforming the transportation, space exploration, and energy sectors all at once. He's already accomplished multiple things in aeronautics and transportation areas that nobody else had done before. I honestly think he's possibly the most important person alive, and we're really lucky to have him.
But... he's probably a narcissist, and at least appears to be an asshole.
Like many people who are increadible workers, he demands incredible amounts from the people around him. Often enough that he hurts them. If you read his biography it's replete with stories of Elon hurting people close to him because he doesn't seem to understand how they see the world. His ex-wife, Justine, wrote a really sad article about their divorce back in 2010. This doesn't excuse anything, but his biography strongly suggests he was abused as a child by his father.
He seems to share a lot of traits, both positive and negative, with some of the most successful people in history. It's possible to be that driven that something inside of you needs to be broken, or that you demand so much of yourself that you despise mediocrity in others.
Read this book - https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
As most bitcoin books are either technical in nature or written by journalists who don't understand it well. This book answers the "why" of bitcoin, the economics and monetary policy that makes it so special.
Overview - https://medium.com/@jimmysong/why-bitcoin-works-fe32879a73f5
It's outlined in his biography (which is a good read on the details of all these events).
The job was really dangerous and required working in a boiler room and insane temperatures and squeezing between small spaces.
>Donald Trump literally wrote the book on negotiating.
He had a ghost writer that did the work for him, and he had some rather unkind words about his former boss.
Not an affiliate link btw
> That's the sad thing, people say "it's the FBI leadership, not the rank and file!" this wasn't Comey and co. This was the rank and file.
A problem, though, is that the leadership generally sets the tone and emphasis of an organization. And since J. Edger Hoover, the primary focus has been political, especially on stuff that generates good publicity. That's why when I was growing up their emphasis and reputation was still based on bank robberies and kidnappings, which are both notorious and particularly easy to solve crimes, because of witnesses in the former, and the need to pick up a ransom in the latter.
If you're into computers, and, heh, this is another "Russia" thing, read The Cuckoo's Egg: Tracking a Spy Through the Maze of Computer Espionage. The one organization that wouldn't give Cliff Stoll the time of day in tracking down the West German hackers who were being run by the KFB was the FBI, because the crime didn't satisfy their $100,000 or more threshold.
Hoover did seriously care about counter-espionage, but it was always a red headed stepchild in the organization, and he of course was long gone by then. That the FBI started exerting itself so much about claimed Russian espionage and the like last year just by itself makes it very suspicious, they wouldn't do it without a political angle, which we now can be pretty sure was the "insurance policy" they had in case Trump got elected.
Cliff Stoll doesn't recommend metal openers for his Klein Bottles.
Fun fact: Cliff wrote one of the first investigative books on overseas espionage/hacking in the 1980s "The Cuckoo's Egg" and has a lot of other neat topological glassware on the site.
Don’t trade. That’s gambling & speculating. Buy a bit of Bitcoin as a long term insurance against existing fiat system and just sit on it.
Or invest by doing some research. I recommend this book:
https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
You need to show them first why there is a problem in the first place. Show them the history of currency and fiat, the fall of the gold standard.
Do you have any management experience? Do you know how to read and create financial statements? Do you know how to do sales/marketing? Do you have relationships with vendors?
I recommend getting a copy of The E-Myth Revisited. It will help you understand the systems that you would need to setup to form the basis for your enterprise. Borrow a copy from your local library.
Read "The E Myth." It's probably the single best thing you can do for yourself, and I would not start a bakery until you've done so. It's a fast and easy read. I own a small food business, and I'm following the book's principles because it would be a waste of time not to.
Amazon link (it's less than $10)
If you read this i guarantee you'd reconsider your position. https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
You're completely missing the point on what a non-sovereign money brings to the global marketplace. Do you do business internationally? Send money across borders ever? International banking absolutely sucks. What about the several billion people that are unbanked because it's a permission based system that they don't have the privilege to be a part of? How about you're living in a country like Venezuela, Iran, Turkey, Greece, etc that are experiencing hyper-inflation and seeing their savings absolutely devastated by poor economic policies instituted by broken governments?
If you think bitcoin is all about speculation you haven't done your homework. It's about taking back control of your finances and being your own bank.
El mundo está adoctrinado a creer en el papel moneda. La política monetaria es controlada por los gobiernos y la manejan a su conveniencia.
Ahora que las criptomonedas bajan la barrera de entrada para muchos tipos de inversión, los gobiernos y los bancos centrales hacen todo lo posible por descalificarlas.
Pero no pueden. No han podido. Y no podrán.
Estamos ante un gran cambio de paradigma. Es difícil de comprender, por eso este sub (y la mayoría de las personas) le temen. Pero es el siguiente paso de la economía.
Y si llegaron hasta aquí (los downvotes dirán si llegaron o no), lean The Bitcoin Standard
Creo en las criptomonedas porque son una alternativa a la centralización y control. Sí, son riesgosas. Pero es el primer paso para que cada quien se vuelva su propio banco.
learn the book the bitcoin standard
https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
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its simple on exchanges you have uncovered bitcoins and covered bitcoin.
if you take btc to you own wallet the coin can no longer be double lent it is out of the exchange suppley!
btc is limited , and CAN NOT be created out of thin air like bank can with fiat money.
Your first build should be an MVP (Minimum Viable Product) that has the most basic features possible.
A useful analogy is a hot dog stand… instead of building what YOU think is the best hot dog stand, complete with all types of up-sells and bells and whistles, you want to build the minimum viable product.
What is the “hot dog” of your platform? What is the most basic function that provides value?
Define what that is, then see if you can reduce it some more.
Start there, get it into the hands of users and let them guide you to create what THEY need the rest of the way.
This book is recommended often, and is worth a read: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898
Self-employment is a tough racket — I've been doing this both part- and full-time for the past twenty years. Getting paid is almost as difficult as selling work... I sure do wish I had read The E-Myth twenty years ago. tl;dr: being a good technician (i.e. skilled at what you technically do) is only a third of the battle in running your own company successfully.
"Creative types need to get a 'real job' so that they don't really starve to death."
Myself, I'm a [now retired from] electrician whom is looking to switch careers =|
If you are referring to the intra-bank transfers, Saifdean outlines it The Bitcoin Standard and this great talk. If something else maybe you could give me a question.
There is an amazing book called e-myth: why small businesses don’t work and how to succeed. A best friend bought it for me when I tried to launch my own business and it really illuminated all the unknown unknowns for me. You might be able to rent it for free on your reading app from your public library. I really encourage you to check it out.
I think you're looking for this. It's basically the economic side of Bitcoin;
Yup, correct. Absolutely WONDERFUL book. I highly recommend purchasing it and reading through it every time you feel in a creative drought. It's a short read (hour or two) and immensely energizing creatively for me. Amazon link
This is great work u/amandamichelle90. I've been in this community for a few weeks, unaware of this amazing crypto universe being created before us, and the amount of HODL, DCA, fuck/shit, shit/fuck posts is overwhelming (underwhelming?). Thank you for condensing this glorious new world into something most folks can understand.
For community members that were not fully around for the Internet revolution in the late 90's, hold on this is going to be one amazing journey.
I was completely ignorant of what Bitcoin actually is (I thought it was for ransom ware, drug purchases, anonymous trading, etc.). After reading The Bitcoin Standard, whether Bitcoin survives or not, its a beautiful work of decentralized art.
I also didn't fully grasp the power of Blockchain technology until reading this article about Ethereum and everything that is being built under and on top of it.
Sure, it will be great to make money of these technologies and investments, but just as equally we can take part of this historical evolution/revolution in decentralized software.
Read "The Bitcoin Standard" by Saifedean Ammous. If that doesn't clear up any misconceptions... find a new wife.
You can get a sense of the book at his Bitcoin Austria book launch here.