David Perell

David Perell quotes on startup Insights

"The Writing Guy". He tweet about business, online learning, and Internet writing.

Twitter wisdom in your inbox

Never miss the the top tweets from David Perell with our email digest.

1

Startup idea: A dating app that matches you based on your taste in music, movies, and books.

2

When evaluating startup ideas, Peter Thiel tells entrepreneurs to ask three questions: 1) What is valuable? 2) What can I uniquely do? 3) What is nobody else doing? Every writer should ask themselves these questions before starting an essay too.

3

Shipping speed is a leading indictator of success. Applies to people. Applies to startups. Bet on people who move fast, make things, and learn from feedback.

4

I used to think the world was efficient. Now that it’s older, I see that it’s wildly inefficient. We can’t coordinate big projects, smart people are bored at work, and people are not nearly as healthy as they could be. We’re 5-10% as productive as we could be. Maybe less.

5

Free startup ideas: ∙ Replace LinkedIn with a global, portfolio-first job board. The platform should actually help you find jobs. ∙ A school where people graduate with a profitable business. ∙ Matching service for personal assistants who handle all chores and mundane tasks.

6

Schools are moving online. Ship Fast, Ship Often: Traditional school is too passive. Students learn best when they make things. The more students create, the faster they’ll learn.

7

Startups are defined by quality and scale. Quality without scale as you're a craftsman, scale without quality and you're a bureaucracy.

8

On startups.... Many billion dollar businesses follow the same four-step formula: 1. Find an industry with a low NPS score. 2. Raise money. 3. Vertically integrate. 4. Recruit the best people. Extra points for under-valued talent.

9

Corporations reward conformists. Startups reward contrarians.

10

Demand for knowledge is going up. Demand for MBAs is going down. Thats it. That’s the opportunity for startups.

11

Everybody talks about growing your email list, but growing your SMS list is probably more valuable because people open every text message and don’t change their phone numbers.

12

Startup formula for bootstrappers: 1. Solve an existing problem to attract instant revenue. 2. Ask for feedback from customers. Listen to them and improve the product. 3. Steer the company roadmap towards a big market with little competition. Then, keep going.

13

If you’re starting an online business, establish your own category. 1) Find your competitive edge. 2) Pick an industry without strong competitors where you can differentiate yourself. 3) Build your name by publishing the best of what you learn. Brand-building 101.

Get the top tweets via email

Never miss the the top tweets from David Perell with our email digest.

Get the David Perell email digest

Twitter wisdom in your inbox