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Without the ability to direct our attention where we will, we become more receptive to those who would direct our attention where they will—to the omnipresent purveyors of marshmallows. To the extent that the power of concentration
“No, markets weren’t “efficient” at finding the truth; they were just very efficient at converging on a conclusion—often the wrong conclusion.”
― The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers—Straight Talk on the Challenges of Entrepreneurship
― The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers—Straight Talk on the Challenges of Entrepreneurship
“A gang of burglars acting in the country might be expected to vary the scene of their operations, and not to crack two cribs in the same district within a few days.”
― The Complete Sherlock Holmes ebook: All 56 Stories and 4 Novels
― The Complete Sherlock Holmes ebook: All 56 Stories and 4 Novels
“Pippin puts Hegel’s point sharply when he writes, “You have not executed an intention successfully unless others attribute to you the deed and intention you attribute to yourself.”1”
― The World Beyond Your Head: On Becoming an Individual in an Age of Distraction
― The World Beyond Your Head: On Becoming an Individual in an Age of Distraction
“Ben, those silver bullets that you and Mike are looking for are fine and good, but our Web server is five times slower. There is no silver bullet that’s going to fix that. No, we are going to have to use a lot of lead bullets.” Oh snap.”
― The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers—Straight Talk on the Challenges of Entrepreneurship
― The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers—Straight Talk on the Challenges of Entrepreneurship
“#11—What if I could only subtract to solve problems? From 2008 to 2009, I began to ask myself, “What if I could only subtract to solve problems?” when advising startups. Instead of answering, “What should we do?” I tried first to hone in on answering, “What should we simplify?” For instance, I always wanted to tighten the conversion fishing net (the percentage of visitors who sign up or buy) before driving a ton of traffic to one of my portfolio companies. One of the first dozen startups I worked with was named Gyminee. It was rebranded Daily Burn, and at the time, they didn’t have enough manpower to do a complete redesign of the site. Adding new elements would’ve been time-consuming, but removing them wasn’t. As a test, we eliminated roughly 70% of the “above the fold” clickable elements on their homepage, focusing on the single most valuable click. Conversions immediately improved 21.1%. That quick-and-dirty test informed later decisions for much more expensive development. The founders, Andy Smith and Stephen Blankenship, made a lot of great decisions, and the company was acquired by IAC in 2010. I’ve since applied this “What if I could only subtract . . . ?” to my life in many areas, and I sometimes rephrase it as “What should I put on my not-to-do list?”
― Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers
― Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers
Michael Natkin’s 2025 Year in Books
Take a look at Michael Natkin’s Year in Books, including some fun facts about their reading.
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