Demystifying “Selling Something You Do Not Own”

Larry Chiang mentors college students to get a FICO up over 750. He started Duck9 as a sequel business while he was an undergrad. It’s Deep Underground Credit Knowledge 9. After a Harvard Law School keynote, Harvard Business wrote: “What They Don’t Teach You at Stanford Business School“.

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By Larry Chiang

There is a specific legality that is 100% legal. You’re allowed to sell something you do not own if you execute what I coach you to do. You are to pattern replicate the path I identity and copy pasted.

Yes, you copy-paste. Run code.

You should consider copy-paste. Run the “code” of this business recipe. It’s not my recipe. My mentor gave it to me. It solves conflicting YC and is part of my series on “What They Do Not Teach You at Y combinator”.

You see, YC seemingly gives you conflicting advice. Sell something before you build it. And “Make something people love”.

Lets jump ahead to a real world success with MIT kids

	Larry Chiang (@LarryChiang)
9/28/13, 11:21 AM 2012 #sxsw w #larrychiang mitentrepreneurweek.wordpress.com/2012/03/14/sto… VERSUS 2014…. #zeroPt6

Do you realize we sold Plancast ?

The founders had written a postmortem so I activated my plan.

A more basic example would be LABCS 3366. You’d be “selling” Uber. They pay a referral of $20-30 usd.

	Larry Chiang (@LarryChiang)
4/15/14, 4:09 PM , before we graduate. Zero point 6 millionaires before we graduate #ZeroPt6= larryChiangFellows flip.it/XUh66

The idea of “selling something we don’t own” is to execute Paul Graham and Paul Buchheit’s and Sam Altman’s advice: “sell it before you make it” + ‘Do Things That Dont Scale’

Here are legendary entrepreneurs who’ve DJ’d together: ‘Do Things That Dont Scale’

“sell it before you make it”

– Tim O’Reilly

– Steve Jobs

– Marc Benioff

– Larry Ellison

They’re all in this video