rooshvforum.network is a fully functional forum: you can search, register, post new threads etc...
Old accounts are inaccessible: register a new one, or recover it when possible. x


Tucker Max: My Start-up Experience
#1

Tucker Max: My Start-up Experience

I know previous threads on Tucker Max here have ended up focused on his personality, but he's someone who's made a decent living for himself outside the normal corporate structure, and he seems to have matured a lot in the past couple of years.

The article is here: My Start-up Experience, and What I Learned

I think there's some good advice in here that doesn't just apply to self-absorbed narcissists.
Quote:Quote:

My start-up experience covers four companies; three I founded, and one I joined after an acquisition:

First company, Rudius Media:
Quote:Quote:

This was my first attempt at a company, and it was a fucking mess, almost exclusively because of me and my mistakes. I pretty much did everything wrong that is possible to do wrong with a start-up, other than criminal shit like stealing company money to buy hookers and coke or something like that.
[...]
Mostly, I learned how little I knew about business, management, money, and how the real world works.
[...]
I probably hired the wrong people, but I DEFINITELY made those people infinitely worse employees by being a terrible boss

Second attempt:Tropaion Publishing
Quote:Quote:

I think the key thing that I finally started to understand was not just business, but how the world actually worked. I stopped getting pissed and railing at people or systems that I thought were unfair, and instead focused on doing the job at hand. I think the big shift for me emotionally was asking myself the question, “Do you want to be angry at the injustice and fail because of that, or do you want to go around their bullshit, be effective at what matters, and succeed?”

Third Company: Lioncrest Publishing
Quote:Quote:

I realized that Tropaion Publishing had the potential to be very successful, but it was going to take a lot of grunt work that I didn’t want to do. I didn’t want to be a “real” CEO, and do the things needed to take the company from 2m to 20m and then exit. So I found a company who I thought could do that work and wanted to do it: Idea Incubator.
[...]
Also, they were the ones that really showed me how valuable all my marketing and media skills were to business. I knew my skills were valuable in the entertainment business, but I had no idea how truly bad almost all businesses are in every aspect of outward facing creativity, marketing, etc, and how much I already knew about “normal” business, without even really realizing it.
[...]
I was always so focused on the product or the writing that I never really spent much time on the specifics of converting that product into sales, and how to think about that systematically. They are really good at that–at turning content into a sellable asset–and I learned a ton watching and listening to them.

Current: Story Ark
Quote:Quote:

The fact is, in the past, I would say that at least 75% of my failures were caused by me and my flaws as a person. Not even by simple mistakes–I’m talking about my personal and emotional flaws that I refused to address. That is very much less the case now (though by no means eliminated).
[...]
I’ve learned how to be a boss. I didn’t say I was GOOD at it yet, but I’m no longer bad at it. For example, though I still have a long way to go before I can be considered a good manager of people, I have learned some things I do decently well now:

-I clearly delegate and assign work to people
-I set clear goals for them to achieve
-I set up the process by which I want them to report
-I follow through consistently and check up on progress, offering help where its needed
-I give relevant feedback in a positive way
-I demand excellence by showing in my work what excellence is
-I analyze both success and failure–on myself and others–honestly and directly

There's a lot more in the full article.

"I'd hate myself if I had that kind of attitude, if I were that weak." - Arnold
Reply
#2

Tucker Max: My Start-up Experience

Good post. I have thought nothing more of tucker max than "drunk frat boy." Its interesting to see his business side.

God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked

The Original Emotional Alpha
Reply
#3

Tucker Max: My Start-up Experience

I thought his posts on the Jobs Act were super interesting and informative.

You want to know the only thing you can assume about a broken down old man? It's that he's a survivor.
Reply
#4

Tucker Max: My Start-up Experience

Another blog post along the same lines, http://tuckermax.me/new-york-magazine-on...investing/

He's turned into quite a perceptive guy. The quality of most "business ideas" is irrelevant if no-one ever hears about them or tries them out.

Quote:Quote:

That’s something that people don’t understand about business–the “business” parts of business are usually pretty easy. Accounting, finance, payroll, that shit can be done by a monkey.

The hard part is sales, marketing, design–the creative parts. The parts where you have to interact with and understand people and convince them to do or buy something. That’s very hard, and most people don’t really realize that is a creative issue, not a “business” one.

"I'd hate myself if I had that kind of attitude, if I were that weak." - Arnold
Reply
#5

Tucker Max: My Start-up Experience

Quote: (02-07-2014 05:57 AM)Benoit Wrote:  

Another blog post along the same lines, http://tuckermax.me/new-york-magazine-on...investing/

He's turned into quite a perceptive guy. The quality of most "business ideas" is irrelevant if no-one ever hears about them or tries them out.

Quote:Quote:

That’s something that people don’t understand about business–the “business” parts of business are usually pretty easy. Accounting, finance, payroll, that shit can be done by a monkey.

The hard part is sales, marketing, design–the creative parts. The parts where you have to interact with and understand people and convince them to do or buy something. That’s very hard, and most people don’t really realize that is a creative issue, not a “business” one.

It's sad that those business ideas that don't see the light of day or have minimal exposure don't achieve their full potential.

Sales, marketing, product creators/developers are usually over-achiever types with higher IQs and who get paid more than folks at accounting, finance, payroll, etc. since the former is considered "biz dev" or "biz creation" and the latter as "biz operations". High risk/high reward. An analogy might be the old Cowboys vs Farmers thing.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)