Last week I went to Los Angeles and did a pitch at the TWiST – LA event. I won first place out of 10 Startups and got the chance to chat with Jason Calacanis, who is very influential in the startup world and blogosphere, on his live show about Viralogy. Pretty awesome.
Well, just wanted to do a quick update on my life. For more details about the actual pitch, you can check out the post on the Viralogy eCommerce Blog
Andrew Warner’s Extreme Gutsy Move for his first business
Andrew needed to sell ads on his first business, but he was too small for the advertisement agency to consider. He wrote a check that is all of his and his brother’s personal money and asked the company to do business with them. That converted into a company with over $30M in revenue.
Lessons from Chinese History
This general in China (just checked it’s Xiang Yu) burned all the boats and cooking tools to make sure that his focused army would beat the other army that were outnumbering them but didn’t have that determination. I also just realized that the same thing happened with Spanish Conquistador Hernando Cortez.
Pivot means switching directions for your startup. Yu-kai’s advice is to stick to it if you still believe in it AND you are still passionate about it. If you no longer believe in it or because of the tweak it’s not as something you are passionate about, you might be better off just switching directions.