Founders #52 The Republic of Tea: The Story of the Creation of a Business, as Told Through the Personal Letters of Its Founders
Business Mind
- A business develops its own independent mind as it grows.
- It becomes concerned with its own survival, sometimes diverging from the founder's vision.
Inaction Frustration
- Mel Ziegler became frustrated with Bill Rosenzweig’s lack of action.
- Bill was focused on planning and ideas, but not execution.
Slow Down
- Slow down and take your time. Rushing can create unnecessary work and hinder progress.
What I learned from reading The Republic of Tea: The Story of the Creation of a Business, as Told Through the Personal Letters of Its Founders.
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A business is born (0:01)
don't start a business unless you are the first customer (22:49)
what it is like to fall in love with an idea (25:31)
starting a business is like making a movie (27:15)
on slowing down (32:32)
the problem with being able to argue both sides of an idea (37:00)
editing & narrowing your focus (46:51)
ideas in the form of action (51:39)
history doesn't repeat, human nature does (57:00)
the doubts of nascent entrepreneurship (59:51)
Steve Jobs had one speed: Go (1:07:39)
be the customer, not the seller (1:16:21)
Bill finally gets it (1:22:00)
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