{"id":18648,"date":"2023-06-09T23:20:27","date_gmt":"2023-06-10T03:20:27","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=18648"},"modified":"2023-06-10T23:30:27","modified_gmt":"2023-06-11T03:30:27","slug":"chapter-11-how-to-get-laid-out-of-the-losers-bracket","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/chapter-11-how-to-get-laid-out-of-the-losers-bracket\/","title":{"rendered":"Chapter 11: How to Get Laid Out of the Loser\u2019s Bracket by fake Larry Chiang"},"content":{"rendered":"

Larry Chiang\u2019s 5th book, WTDTYASBS, launched at a Harvard Law School keynote, so he knows about grand openings (He even attends and promotes the ones he isn\u2019t invited to also). As CEO of Duck9, he leads an army to help college student\u00a0consumers get a FICO<\/a>\u00a0over 770. Post H.L.S. keynote, Harvard Business wrote: \u201cWhat They Don\u2019t Teach You at Stanford Business School<\/a>\u201d (his latest Harbus post: \u201cSetting an intention for SXSWi\u201d.<\/p>\n

Chapter 11: How to Get Laid Out of the Loser\u2019s Bracket<\/h2>\n

You are poor because you give up when you lose.<\/p>\n

This chapter will show you how to win even when you think you lost.<\/p>\n

Losing: to be\u00a0deprived\u00a0of or\u00a0cease\u00a0to have or retain (something).<\/p><\/blockquote>\n

The waitlist<\/strong><\/h2>\n

Being placed on the waitlist happens. Someone decides that they will be the one to deprive you of something and you suddenly find yourself on the waitlist.<\/p>\n

It looks like this:<\/p>\n

    \n
  • Your table at the busiest restaurant in town<\/li>\n
  • Your entry into the top club on new years eve<\/li>\n
  • Your admission into your college of choice<\/li>\n
  • You\u2019re on the waitlist for a kidney. Organ receiving has high demand and you need a donation<\/li>\n
  • The job you really want when the position is not yet available<\/li>\n
  • The high demand condo in Miami with the view you want<\/li>\n<\/ul>\n

    What to do when you get placed into the loser\u2019s bracket (a.k.a. the waitlist)<\/strong><\/h2>\n

    The funny thing about the waitlist is that many people actually decide to lose just because they get placed into the loser\u2019s bracket.<\/p>\n

    Here\u2019s how you win even when that happens:<\/p>\n

      \n
    • Dominate the waitlist:<\/strong>\u00a0When you dominate the waitlist your presence is not forgotten. For many, the waitlist is the end. More on how to dominate the waitlist shortly.<\/li>\n
    • Don\u2019t quit:<\/strong>\u00a0Just because you are on the waitlist, does not mean you are done. For you, the waitlist is just the beginning.<\/li>\n
    • Never leave your wingman:<\/strong>\u00a0You might at times find yourself in the waitlist along with someone else. Maybe it\u2019s a friend or a business partner who is on the waitlist, and you just happen to be in it for the ride. Stay with them. The second you leave, things start to fall apart.<\/li>\n
    • Don\u2019t take risks or throw hail marries:<\/strong>\u00a0Take absolutely no risks when you are on the waitlist. The only exception is when you have built up social capital with someone and taking a risk can only make the situation better.<\/li>\n
    • Assume you are winning:<\/strong>\u00a0When you assume you are winning, others do as well and this contagious thought eventually ends up in the person who will take you out of the waitlist.<\/li>\n<\/ul>\n

      Dominating the Waitlist<\/strong><\/p>\n

        \n
      • Set up shoppe:<\/strong>\u00a0As soon as you get placed on the waitlist, you need to set up shoppe. This is where you and your peers set up to win, and you make it visible to the everyone \u2014 especially the person who put you on the waitlist. Ideally there are 3\u20134 of you who set up and form a circle to talk about cool shit.<\/li>\n
      • Cold open from the waitlist:<\/strong>\u00a0If you are on the waitlist, others will start to gather around you or nearby. Invite the cool ones to chat and make a connection. Imagine what the waitlist master is thinking when they see you making allies with their guests.<\/li>\n
      • Don\u2019t let rando\u2019s into your shoppe:<\/strong>\u00a0When you are in your shoppe. You don\u2019t let rando\u2019s in. They have to deserve it. Think of your shoppe as a sacred temple. Everyone who is let into your shoppe is a reflection of you (as a person on the waitlist).<\/li>\n
      • Assume you are winning:<\/strong>\u00a0When you assume you are winning, others do too, leading the waitlist master to wonder \u201cEveryone seems to know this guy\/gal. Did I just screw up by putting this person on the waitlist?\u201d<\/li>\n
      • Be \u201cGoogle-able\u201d:<\/strong>\u00a0Imagine their face when they find out who you really are.<\/li>\n
      • Stay off of your phone:<\/strong>\u00a0You look like an idiot when you\u2019re on your phone.<\/li>\n
      • Don\u2019t look around:<\/strong>\u00a0Similar to your phone, don\u2019t you have better things to be doing?<\/li>\n
      • Don\u2019t complain:<\/strong>\u00a0Don\u2019t complain about being on the waitlist. Don\u2019t complain about being uncomfortable. Losers are uncomfortable and complain. If you\u2019re uncomfortable do not complain. Don\u2019t complain about anything. Remember \u2014 you\u2019re about to win no matter what happens.<\/li>\n
      • Be the assistant:<\/strong>\u00a0Help things work better. Could they really keep you on the waitlist when you\u2019re appreciated by everyone\u00a0that<\/em>\u00a0much?<\/li>\n
      • Work the friends<\/strong>: If the friends love you, they eventually won\u2019t be able to help but love you too.<\/li>\n<\/ul>\n

        Don\u2019t Take Risks<\/strong><\/p>\n

          \n
        • When they say no, don\u2019t try to sell them:<\/strong>\u00a0When they put you on the waitlist, they expect you to try to sell them. Someone who belongs in the winner\u2019s bracket is supposed to take the high road or not even be bothered by a no. Acknowledge it and move forward.<\/li>\n
        • You can\u2019t fight stupid:<\/strong>\u00a0Sometimes a stupid person puts you on the waitlist. Let others realize their stupidity so they can help you fix it.<\/li>\n
        • Be early:<\/strong>\u00a0If you are late, they have way more reason to keep you on the waitlist. \u201cIf they were late did they really want it?\u201d Plus, being early makes it way easier to avoid being waitlisted.<\/li>\n
        • Have impulse control:<\/strong>\u00a0Sometimes the person who put you on the waitlist will attempt to taunt you in an effort to create more reason for you to stay on the waitlist. Caving to their actions does nothing to help you.<\/li>\n<\/ul>\n

          Assume You Are Winning<\/strong><\/p>\n

            \n
          • Leave gifts:<\/strong>\u00a0Having the clear goal that you will ABSOLUTELY get off of the waitlist makes it hard to keep you in the holding pattern for very long. Problem You\u2019re in the losers circle outside of VIP. SOLUTION? GuaGuaGucamole #4: Crasher to VIP. Bringing the inner circle a gift catalyzes the assumption that you are part of the main event. Executing the gift of balloons makes you look like the VC and VIP, not a waitlister. A vc is a venture capitalist<\/li>\n
          • Improve the area:<\/strong>\u00a0Make the loser\u2019s bracket look like a good place to be. You might just turn it into the winner\u2019s bracket by doing so.<\/li>\n
          • Turn the loser\u2019s bracket into the winner\u2019s bracket:<\/strong>\u00a0When you assume you are winning, it inevitably spreads like wildfire. Send that assumption through the waitlist and people will start to think the loser\u2019s bracket is actually with winner\u2019s bracket.<\/li>\n<\/ul>\n

            There you have it. See how you can win even when they wanted you to lose? Use these strategies next time you get put on the waitlist, or the next time you\u2019re in the loser\u2019s bracket, and you\u2019ll create your own success.<\/p>\n

            Tying It All Together<\/strong><\/p>\n

            Failure is a necessary step in the path to success, but not everyone knows how to handle it. Many people give up at the first sign of failure, thinking that it’s a sign that they’re not cut out for success. But in reality, failure is a sign that you’re trying something new, and that you’re learning from your mistakes. In this chapter, we’re going to explore the concept of failing forward, and how it can help you become a successful entrepreneur and, of course, a pussy magnet.<\/p>\n

            Larry Chiang, the CEO of Duck9, encourages college student athletes at Stanford and the NFL to get a FICO over 810. But he also knows that success doesn’t come without failure. In fact, he advocates failing forward as a way to learn and grow. One of the keys to failing forward is to not let failure defeat you. Instead, use it as a learning opportunity.<\/p>\n

            Ryan Tedder, lead singer of One Republic, knows a thing or two about failing forward. He was dropped from Columbia and teased by two other labels before finding success. But he didn’t let those setbacks stop him. Instead, he kept pushing forward, using each failure as a chance to learn and improve. He built a base of support by getting a few hits and focusing on his fan base. He also put in the time and effort to practice, logging his 10,000 hours of songwriting just like an entrepreneur must put in their 10,000 hours.<\/p>\n

            Ryan Tedder’s concept of low-risk, no-risk practice is another example of failing forward. Instead of waiting for the perfect opportunity, he took every chance he could to perform and practice, even if it wasn’t a guaranteed success. This allowed him to hone his craft and build his skills, even when things didn’t go as planned.<\/p>\n

            Another key to failing forward is to learn from others. Larry Chiang is a big advocate of “paste copying,” which is basically taking the best practices of others and applying them to your own situation. Just like in football, where coaches use game film to analyze their own team and their opponents, entrepreneurs can learn a lot from studying the successes and failures of others. By emulating the best practices of successful entrepreneurs, you can avoid some of the common pitfalls that cause others to fail.<\/p>\n

            But failing forward isn’t just about learning from others. It’s also about taking risks and trying new things. Larry Chiang advises young entrepreneurs to try at least five pop-up internships, even if they’re not paid. This not only helps you build your skills and experience, but it also allows you to fail in a low-risk environment. If one internship doesn’t work out, you can move on to the next one without worrying about losing a job or failing publicly.<\/p>\n

            Failing forward is also about questioning authority and pushing boundaries. Larry Chiang’s mentor, Augie Garrido, was notorious for getting towed because he always parked where he wanted to, not where he was supposed to. He knew the rules, but he didn’t let them hold him back. This mindset can be applied to entrepreneurship as well. If you want to succeed, you have to be willing to take risks and challenge the status quo.<\/p>\n

            In conclusion, failing forward is an essential part of the path to success. It’s about not letting failure defeat you, but instead using it as a learning opportunity. It’s about learning from others and emulating the best practices of successful entrepreneurs. And it’s about taking risks, trying new things, and questioning authority. By failing forward, you can become a better entrepreneur, and of course, a pussy magnet.<\/p>\n","protected":false},"excerpt":{"rendered":"

            Larry Chiang\u2019s 5th book, WTDTYASBS, launched at a Harvard Law School keynote, so he knows about grand openings (He even attends and promotes the ones he isn\u2019t invited to also). As CEO of Duck9, he leads an army to help college student\u00a0consumers get a FICO\u00a0over 770. Post H.L.S. keynote, Harvard Business wrote: \u201cWhat They Don\u2019t […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-18648","post","type-post","status-publish","format-standard","hentry","category-female-entrepreneurship-with-female-founder-larry-chiang"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/18648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=18648"}],"version-history":[{"count":4,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/18648\/revisions"}],"predecessor-version":[{"id":18674,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/18648\/revisions\/18674"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=18648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=18648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=18648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}