ricardox
New Contributor
English is my second language so if I've said something confusing let me know ; ) Also, I'm looking to practicar espoñol, si también lo estás aprendiendo, también avísame.
What's this business about?
What's this business about?
- We try to create a CFA test prep service
- It's a professional certification for investment management
- It seems to align really well with what I've been enjoying doing and the life I'm looking forward to
- I personally have gone through the tests myself.
- During the process, I have my own way of preparing for the tests, in a less boring and intimidating way I find.
- Given the current circumstance, we will give it a 30% successful rate (will revise this number as things progress)
- The Lean Startup written by Eric Ries offers us some interesting way of looking at startups. There is no need to figure out a perfect plan right from the get-go. It's like you drive a car from point A to point B. You don't have to plan for the exact moment or the exact force you step on your gas.
- In terms of reasons behind starting the business: it's something Jeff Bezos called regret minimization. It's not like my partners and I have some aversions towards jobs. Starting a business gives our lives meaning.
- For me, I can always get a job, but the opportunity cost of failing is escalating as I grow older
- I'm a little perfectionistic, and it can sometimes stop me from doing something. Considering I sometimes go for the extra mile to do things just to save face and avoid humiliations, why don't I use my fear of humiliation as a tool to go against my fear of losing?
Now I have the issue of being masochistic? - Joke aside, I have been loving this quote from David Rubenstein (at Robert H. Smith School of Business). He gave me a little laugh and some positive wisdom. Using my perfectionism is one of the funny implementations of such a rule.
David Rubenstein said:
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