{"id":2325,"date":"2014-06-27T13:17:12","date_gmt":"2014-06-27T17:17:12","guid":{"rendered":"https:\/\/www.duck9.com\/?p=2325"},"modified":"2014-06-27T17:43:37","modified_gmt":"2014-06-27T21:43:37","slug":"what-parlay-means-to-engineers-in-entrepreneurship","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/what-parlay-means-to-engineers-in-entrepreneurship\/","title":{"rendered":"What Parlay Means to Engineers in Entrepreneurship"},"content":{"rendered":"<p>By Larry Chiang<\/p>\n<p>There is a logjam of startup advice. I gained massive distribution because my advice is geared towards engineers who know how to promote.<\/p>\n<p>Selling is hard.<br \/>\nEngineering is hard.<\/p>\n<p>Setting the bell-curve for both means<br \/>\n&#8211; there is nearly no risk<br \/>\n&#8211; risk in starting up is eliminated<br \/>\n&#8211; gambling is for suckers<br \/>\n&#8211; MIT is &#8220;Bringing the House Down&#8221;<br \/>\n&#8211; #RMRMRE (risk mitigation, risk minization, risk elimination)<\/p>\n<p>Conclusion: Parlay means something else to us engineers.<\/p>\n<p>Parlay. Its where you take two risky bets and combine them. You must win both low risk bets to win the parlaid bet.<\/p>\n<p>INSIGHT: We as engineers should parlay two bets we are going to win into a big super win. Parlay. We want to practice entrepreneurship before we start a real startup. Here are some subroutines to dabble, explore, play with and eventually master&#8230;<br \/>\n&#8211; #djAPI&#8217;s.<br \/>\n&#8211; #GuaGuaGuacamole<br \/>\n&#8211; #mmpQQ (it&#8217;s where you get free hotel room for zero money)<\/p>\n<p>I&#8217;m in the front row at New York fashion week<br \/>\n<embed width=\"425\" height=\"344\" type=\"application\/x-shockwave-flash\" src=\"https:\/\/www.youtube.com\/v\/ac38OSsbYQ4&amp;hl=en&amp;fs=1\" allowscriptaccess=\"always\" allowfullscreen=\"allowfullscreen\"><\/embed><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang There is a logjam of startup advice. I gained massive distribution because my advice is geared towards engineers who know how to promote. Selling is hard. Engineering is hard. Setting the bell-curve for both means &#8211; there is nearly no risk &#8211; risk in starting up is eliminated &#8211; gambling is for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-2325","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/2325","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=2325"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/2325\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=2325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=2325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=2325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}