Podcast Notes Key Takeaways

• Successful startups are born from insights about the future
• Startups aren’t companies; they’re a group of people with a set of proprietary insights that are a result of them living in the future
• “I think startups are so impossible that if you’re not 100% committed, you almost have no chance” – Mike Maples
• Great founders can easily answer the question, “Why is now the perfect time for your startup?”
• Great entrepreneurs:
  • Are like artists—they move people beyond their logic
  • Don’t seek approval; they seek the truth
  • Willingly identify and tackle key company risks
  • Are antifragile—they get stronger under pressure
• Startups don’t have markets; they have potential energy behind a movement
• As a founder, it’s essential you drop your ego and focus on a continual search for the truth

Read the full notes @ podcastnotes.org



Subscribe to the Knowledge Project Podcast

Mike Maples, partner at the VC firm Floodgate, shares how mental models shape his decision making process, where to find the next big idea, and how to rally people to your cause.

---

For comprehensive show notes on this episode, including a full edited transcript, go to https://fs.blog/podcast/

Is your brain hungry for more? Don't miss out! Sign up for our weekly "Brain Food" at https://fs.blog/newsletter/

Follow @farnamstreet on Twitter for mind-expanding content.