Larry Chiang (@LarryChiang) | |
@jesse_kuet008 How to Start. Like playing small ball ⚾️, making your first $600,000 involves some basic practices [in this, A tweetstrorm of 42
So going $9000to $600k, I’ve tagged stuff #ZeroPt6 (600k) bc this town of billionaires forgets every trillionaire passed $600,000.oo along the way pic.twitter.com/NsX4UP5xLD |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 2 of 42!
Sniff out (real estate) problems. 2a) Get mentored on people’s specific problems. 2B] Take copious notes. 2c] Bond with the person who has a problem 2d] get the 🐳(a vip is a whale) to expand real problems {and perceived problems!!!} 2e/ Get good at updating pic.twitter.com/NiSKDMYNmB |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 [3] I gotta stress: Focus
Motovationally Listen to Problems. In the same way that I listen for the home plate umpires first name during introductions… I care about the details of the problems. pic.twitter.com/7EnqZ8WaRU |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 4 of 42/ So you make money [#zeroPt6] by making a percentage of the problem. For example, you as You Inc. creates X dollars in value by solving problem. “Y”% is what you keep
The 11,000,001st time I saw this was in @StanfordEng #cs183b Lec 5 bc my mentee Peter Said it. I think?? pic.twitter.com/zhlWOq5G2i |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 Phew!! I was right.
4b of 42.Yup. Lecture 5!! How to Start (a Startup) CS 183 b. Sam Altman’s class. Peter Thiel, guest lecturer #cs183b Btw, #42 is Austin Weiermiller [i think :-] pic.twitter.com/vE14cinBq4 |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 5/ Its doing your job.
It’s doing satellite spin offs of your job, also known as moonlighting In short, you’re like Tom Brady. After 🏈practice, you practice football. And when you wake up, you practice 🏈. And then record what you did on a wall Edit, replace 🏈with 💰💵. pic.twitter.com/WJFsEXSO25 |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 6/ Treasure Map.
So on a wall, you’re gonna document 💰💵💰progress in a way that Ben @ben_baggett has a recovery schedule. My mentors Book has Treasure Mapping as #Ch2. For example, when Brady was a baby 🐶, me and my ex recorded his pee and Pooh accidents & accomplishments! pic.twitter.com/40RiZ8KmYQ |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 7/ We make our own luck. pic.twitter.com/fzAaATKVqL
|
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 8/42
You’ve done the majority of work already. Now you must finish the last 10%. My mentor said 90% you’ve done already. 90% already exists. Now, you need to do the 10% and the ten percent. I think the concept is genius I tagged it #LC9090i |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 9/42. everyone is a little bit entrepreneurial; but few execute!
Set aside the lofty weird 🌲startup stuff and realize we live in real world. Newport /Manhattan Beach doesn’t ❤️ all Stanford alums. But no one can deny a kid hustling to edit a piece of turd real estate #cs183e pic.twitter.com/TN2AUyfKKA |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 9b /
I edited credit scorecards for First Chicago Bank. I sat in the basement in Elgin Illinois doing credit underwriting using 3-dimensional scoring. Prior, there was only 2D scoring. #cs183e. |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 9c
I edited Confinity’s #LeadGen system. They were paying the market $10 a lead. I “sold” PayPal on the fact CPAA mattered more than CPL. Cost per Active Account Cost Per Lead. #leadGen -Lead Generation. pic.twitter.com/ARGWdlZE35 |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 10/42 Asking a lot of questions.
There are no dumb questions. Sure, I asked Mrs Branton if she had two boys named Bo and Beau. Sure, she does not think I am smart. Sure @arrington thinks I ask purposefully obtuse Qs. But me & Mike both learned something after that last 1 🐳🐥🐼 pic.twitter.com/r2mHXNNS1k |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 10b Of 42.
You almost wanna ask questions like you’re interrogating. 🇨🇦 Russ Bove sat and asked me 20 Qs. #section6 They were genius questions. So genius, I wrote em down. Ask questions and be OK with people thinking you’re just a dumb UIUC baseball player like 👇🏻 pic.twitter.com/YIrB1HpDYs |
Download the Twitter app
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 11/42. Fail Forward.
|
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 12/
Read the source. Real estate pros are just a bunch of gossipy gossipers. Gossip about deals brewing is OK. But gossiping about the myriad of local, state and hyper local laws-rules-bylaws-unwritten-laws is not ok. Read the source code; source law; source TOS (terms of svc) |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 13/ Crazy how much money is out there chasing so few a number of deals.
You’re crazy lucky to be where you are. #cs183Hustle up!!! pic.twitter.com/6t4BPyyUHk |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 14/ MPAF. Multiple Party Agenda Fulfillment.
In school, you learn about win-win. In the real world, it’s a cluster. Everyone’s agenda muddies up the water fast. This is why you must map out on paper on a wall |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 15/ Tying into a real estate mentor is critical. Every edit has a mentor who
– pattern recognized a similar problem- pattern replicated via a mish-mash of advisors. – pattern iterated a solution to a specific problem |
Larry Chiang (@LarryChiang) | |
@jesse_kuet008 16a / Dinosaur Whispering.
Heard of dog or horse whispering!? Well, I can charm dinosaurs. A dinosaur is a seasoned business executive. I’ve been a #dinosaurWhisperer since this guy was not a dinosaur 👇🏻 pic.twitter.com/BcqqfJKqf2 |
Download the Twitter app