(Not my) yuppie life by Janet Kwan on 500px
Earlier this week I somehow stumbled on an old (2012) Medium story by Ev Williams, called, Formula for Entrepreneurial Success. (Ev is the cofounder of Medium, Twitter, and Blogger. He basically invented blogging.)
His post includes 5 short recommendations, and is obviously aimed at entrepreneurs, but I think the lessons also apply more broadly to life in general. They resonated with me, so I thought they might also resonate with you.
So whether you’re starting a company, developing a new building, or just living life, here are Ev’s 5 points:
1. Work with amazing people. Don’t compromise on who you choose to found your company with and hire. Do not put up with ego-centric personalities or downer attitudes.
2. Take on big challenges. It’s pretty simple: Hard things are valuable; easy things are not so valuable. Reaching the mountaintop is rewarding because it is hard. If it was easy, everybody would do it.
3. Focus. Say no to most things: Features. People. Partnerships. “Coffees.” Projects. Only a few of them really matter. (Yes, it’s hard to know which.) Don’t get distracted.
4. Take care of yourself. When you don’t sleep, eat crap, don’t exercise, and are living off adrenaline for too long, your performance suffers. Your decisions suffer. Your company suffers.
5. Love those close to you. Failure of your company is not failure in life. Failure in your relationships is.
If I had to pick one of the items from this list, I’d say I struggle the most with focus. It’s not that I can’t focus and complete tasks, it’s that I’m the kind of person who wants to fill every second of the day with something meaningful. And when people email me wanting to go for coffee or help with something, I want to do it.
But unfortunately, time is a hugely valuable commodity and you have to be selective.
So surround yourself with amazing people. Don’t be afraid of big challenges and risks. Focus. Eat well and lift weights (my preference). And love the important people in your life.
In the business world – particularly in the startup world these days – there’s a lot of emphasis on the importance of failure. The mantra is: “fail early and fail often.” Because if you’re not failing, then you’re likely not pushing yourself hard enough and getting out of your comfort zone.
Some people think we’ve gone too far in our celebration of failure, but I think there’s a lot of value in not being afraid of making mistakes. I try and adopt the same mentality when I snowboard. If I’m not physically falling, then I’m likely not trying things I’ve never done before. (I may have taken that philosophy too far this winter.)
Here’s a video from Gary Vaynerchuk’s #AskGaryVee show where Jack and Suzy Welch are guests and the first question has to do with this exact topic: the importance of failure.
Given all of this, I was fascinated to learn about something new this week called Rejection Therapy. I was out for beers with some good friends of mine earlier in the week and one of them – who is an educator here in the city – started telling me
If you’re a regular reader of Architect This City, there are many things that you might know about me.
You might know that I was initially trained as an architect, but that I immediately transitioned into real estate development after grad school (where I studied both architecture and real estate).
After becoming a real estate developer, you might know that I completed an MBA with a focus on innovation and entrepreneurship (which happened by default as a result of the electives I ended up being interested in).
And finally, you might know, given the content of this blog and my startup history, that I have a significant interest in technology. More specifically though, you might know that my interest is in figuring out how technology will continue to infiltrate and impact “non-tech” industries such as real estate.
But what you might not know is how I even ended up in architecture and real estate in the first place. Unlike a lot of people who seem to have grown up wanting to be an architect – perhaps because they had a relative who was one – I didn’t decide to study architecture until a bit later on.