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A batch of the best highlights from what Louis's read, .

Great companies do three things. First, they create value. Second, they are lasting or permanent in a meaningful way. Finally, they capture at least some of the value they create.”

Tren Griffin - A Dozen Lessons for Entrepreneurs

2017, Columbia University Press

A company that could pay all its employees so straightforwardly would be enormously successful. Many employees would work harder if they could get paid for it. More importantly, such a company would attract people who wanted to work especially hard. It would crush its competitors.

Hackers & Painters - Big Ideas From the Computer Age

Paul Graham

Great founders thought five years or more about the problem beforehand Summary: The great successful companies, great founders, almost always have thought deeply about the domain they're operating in for five years or longer. And basically, you ask increasingly detailed questions. If the answers get more and more specific, as the questions get more andmore specific, that's really good. "By the way, OK, by the way, you're also trying to pull one on yourself," he adds. Transcript: Speaker 1 You have to really understand all of the twists and turns that require getting from point A, which is like a vague idea of what you want to do, kind of all the way to point Z on the other side Of the maze, which is an actual product that matters that you can build a startup around. And you have to actually think your way through all those steps. And the founders who are good at what they do, think through, they take the time they put in the effort, often years. What I find is it's almost always five years plus. This is not like a short term thing. It's almost always somebody. The great successful companies, great founders, almost always have thought deeply about the domain they're operating in for five years, up and 10 years, up and longer. And basically, you ask increasingly detailed questions. If the answers get more and more specific, as the questions get more and more specific, that's really good. If the answers get more and more in general and more and more fuzz, then it's like, OK. And by the way, OK, you're trying to pull one on us. OK, by the way, you're also trying to pull one on yourself. Yeah, right.

Marc Andreessen on Elon Musk, Good Startup Ideas, How to Have the Courage to Think Independently and Finding a Co-Founder

The Aarthi and Sriram Show

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