Who gets lucky?

Another long Marc Andreessen post, this time talking about the different kinds of “luck” and gives ideas on how you can go about getting luck on your side. Excerpt:

This of course leads to a number of challenges for how we live our lives as entrepreneurs and creators in any field:

* How energetic are we? How inclined towards motion are we? Those of you who read my first age and the entrepreneur post will recognize that this is a variation on the “optimize for the maximum number of swings of the bat” principle. In a highly uncertain world, a bias to action is key to catalyzing success, and luck, and is often to be preferred to thinking things through more throughly.

* How curious are we? How determined are we to learn about our chosen field, other fields, and the world around us? In my post on hiring great people, I talked about the value I place on curiosity — and specifically, curiosity over intelligence. This is why. Curious people are more likely to already have in their heads the building blocks for crafting a solution for any particular problem they come across, versus the more quote-unquote intelligent, but less curious, person who is trying to get by on logic and pure intellectual effort.

* How flexible and aggressive are we at synthesizing — at linking together multiple, disparate, apparently unrelated experiences on the fly? I think this is a hard skill to consciously improve, but I think it is good to start most creative exercises with the idea that the solution may come from any of our past experiences or knowledge, as opposed to out of a textbook or the mouth of an expert. (And, if you are a manager and you have someone who is particularly good at synthesis, promote her as fast as you possibly can.)

* How uniquely are we developing a personal point of view — a personal approach — a personal set of “eccentric hobbies, personal lifestyles, and motor behaviors” that will uniquely prepare us to create? This, in a nutshell, is why I believe that most creative people are better off with more life experience and journeys afield into seemingly unrelated areas, as opposed to more formal domain-specific education — at least if they want to create.

In short, I think there is a roadmap to getting luck on our side, and I think this is it.

See full article.

What fraction of a start-up is owned by whom

Ever wondered how rich you would be if you were in a start-up that was successful. Obviously, it depends upon how much of the company you own; and that depends on what level you joined at.

See this post for some “average” figures:

# CEO – 4%
# VPs – 1% each
# Director level – .5%
# Managers – .25%
# Individuals – .05

See full article. Interesting reading.

How to be a genius

Good advice:

Richard Feynman was fond of giving the following advice on how to be a genius.You have to keep a dozen of your favorite problems constantly present in your mind, although by and large they will lay in a dormant state. Every time you hear or read a new trick or a new result, test it against each of your twelve problems to see whether it helps. Every once in a while there will be a hit, and people will say: How did he do it? He must be a genius!»

Stolen from here. Contains other interesting bits of advice.