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Normal Intuition Will Make You Go Bankrupt

by Larry Chiang on July 17, 2019

Larry Chiang’s book, WTDTYASBS, is a sequel to his mentor’s, Mark McCormack’s, book, “What They Don’t Teach You at Harvard Business School“. Chiang had a book launch party at IMG’s, International Management Group’s New York Fashion Week. As an undergrad entrepreneur, Larry Chiang mentored college students at public schools to get a FICO over 765 as an undergrad. “What They Don’t Teach You at Stanford Business School” and “So Let Us Network for SXSW using WordPress Trackbacks” are at Harbus, Harvard B-school’s blog.

“How To Not Go Bankrupt as an Entrepreneur”

By Larry Chiang

Bankruptcy, companies dying and death. 

Few want to speak about these topics. But they’re so common. Normal intuition will make you likely to go bankrupt 

Larry Chiang @duck9 (@LarryChiang)
Waiting on a Fortune 500 deal to come through…

Bankruptcy! Bankruptcy, thy name is throwing another Hail Mary hoping to get a touchdown down 3-28. #LFG pic.twitter.com/B0J9q9t6IR

 

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Arianna Simpson (@AriannaSimpson)
Startups: partnerships are bullshit in 99% of cases. If they’re not paying you, you don’t have a real deal.


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Larry Chiang @duck9 (@LarryChiang)
Guys all *think* they wanna be at peak SMV, but what they don’t realize is that it’s females of all ages swinging their best shot

#HailMary’s should only be a quarterbacking play 
#cs183smv #ShootersShoot pic.twitter.com/lPWbFwnQDY

Larry Chiang @duck9 (@LarryChiang)
Bankruptcy is imminent “Deutsche Bank”

Hail Marys are bad

Deutsche Bank will start throwing Hail Marys. 

Chance Lunceford Is Logocentrifugal (@LogoCentrifuge)
⁦‪@TheBrometheus‬⁩ ⁦‪@AmazonFBAGuy‬⁩ #prprpi

Outsource the pattern recognition to ease the process of pattern repetition and pattern iteration

Thanks again ⁦‪@LarryChiang‬⁩

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