George Pu (@thegeorgepu) 's Twitter Profile
George Pu

@thegeorgepu

Co-Founder and CEO of @ANCCap and @SimpleDirectHQ, Founder, Investor, Builder.

ID: 1382868229765230595

linkhttps://www.getsimpledirect.com calendar_today16-04-2021 01:27:41

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Some people (at least at this moment) are just not made for startups. As a founder, it's your duty to find that out as soon as possible, ideally at hiring, so you can screen them out. If not, let them go as soon as possible to save your team morale. (Source: our experience)

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I'm often skeptical about startups that need to raise lot of money. The exception I can see is in healthcare, hardware, and maybe defense. To build a software business, you should be able to do it bootstrapped now - if your goal ofc is to build a good business, not to 'exit'.

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As a startup founder, you should really not focus on too many things. Instead, spend 90% of your time on the 2-3 things in that month that really makes the difference for your team. In other words, you should know a lot of fields, but not do a lot of fields, instead, focus.

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The best thing about being a bootstrapped business is that in a changing landscape for everything, you can always hit refresh and startover. Venture-backed startups can't really do that, nor quickly.

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I'm actually not invested in anything right now for the past few years, except bonds (in the forms of treasuries). In my 20s, I want to spend 100% of my energy building a successful, long-lasting business. To me, this is where my ROI go, and where I should spend time on.

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I don't like that we are reading a lot less and using more Tik Toks. Historically, knowledge were not learned in the 'short-forms'. I bought and read paper books in my college days, and I learned a lot of perspectives ffrom it. I don't think this generation should lose it.

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Being too cautious sometimes can lead to missing out opportunities. This is where usually most values were derived to startups from the big mega companies.

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After 2020 I've realized things don't always tend to stay the same anymore on a macro level. Anticipating change is the best ways of moving forward and staying ahead of the game now.

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As CEO, you should do a monthly expense audit to clean out the not neede expenses. Sometimes only you know what the company needs and make the right decision.

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You can't make everyone happy - and why should you? Life is not about making people happy, is about making a difference in enough people's lives so that it builds fufillments in yours.

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If you know you are going to say no, say it now instead of dragging on it further - there’s nothing to be gained other than wasting your time. Quite frankly, it’s still something I’m working on as well!

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Energy audits are so underrated and when you do it it clearly gives you an idea who/which things in life and work that drains the most of your energy. The fact is you can be 100% energetic even after working 8 hours, if you’re working on the things you love. Same couldn’t be

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I fell sick last week and wasn’t able to do things with my usual energy, one week later, it’s astonishing to me how many things I thought was important, but really aren’t. I think the ‘founder mode’ is right, you should be hands on for only a TINY few things that matters to

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It’s okay to be a little ‘selfish’ to yourself sometimes. For people who give a lot to others, it means some time to focus on yourself and what you want yourself. For me, it’s really helpful. I feel healthier and less burnt out for sure!

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It’s unfair how others’ demands can sometimes be the biggest stress factors. it’s important to also factor in yourself and listen to how your body/mind feels. Take back your life and make it what you want it to be!

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Short term thinkers always want more, quickly. More money - quickly. More growth - quickly. More results - quickly. Long term thinkers know growing organically and sustainably is not just the right way, but proven time and time again that works throughout history.