{"id":5806,"date":"2015-08-31T13:12:53","date_gmt":"2015-08-31T17:12:53","guid":{"rendered":"https:\/\/www.duck9.com\/?p=5806"},"modified":"2015-08-31T13:16:31","modified_gmt":"2015-08-31T17:16:31","slug":"breaking-even-getting-to-zero-debt-and-seeing-600k-by-graduation","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/breaking-even-getting-to-zero-debt-and-seeing-600k-by-graduation\/","title":{"rendered":"Breaking Even, Getting to Zero Debt, and Seeing $600k By Graduation"},"content":{"rendered":"
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By Larry Chiang<\/div>\n
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Staggering but true = Amount of new technology that seasoned execs need to process, assimilate and execute is STAGGERING. <\/div>\n
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This is the problem. <\/div>\n
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Solving it is profitable. <\/div>\n
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As undergrads, solving this problem nets you a portion of the savings. If you’re an undergrad, you should set the goal to break even. <\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/29\/15, 9:11 AM<\/font><\/a><\/div>\n
“I had a credit card. $5,000 credit line. And I had my first customer. I was at break even.”
— @JoshuaBaer<\/a>, lec 1 #cs178<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


Pop your revenue cherry. <\/span><\/div>\n

Get just one paid gig.<\/span><\/div>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/29\/15, 9:16 AM<\/font><\/a><\/div>\n
I judge you on how fast you return ‘invested capital’. #vcSecrets<\/a>.<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


Right now, many undergrads have debt. If you’re a student athlete, let us pretend we had to pay for college even though we are on full scholarship, for the purposes of this blog posts exercise. <\/span><\/div>\n


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<\/span><\/td>\nChris Sacca (@sacca<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/25\/15, 4:06 PM<\/font><\/a><\/div>\n
The richest you’ll ever feel is when you pay off all your debts and get back to zero.<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


There is a staggering amount of opportunity for CS majors to go learn at SalesForce. <\/span><\/div>\n


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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/31\/15, 8:20 AM<\/font><\/a><\/div>\n
“SalesForce has a constellation of opportunities that newbie founders can solve in a semester.”
— Larry Chiang<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


Download<\/a> the Twitter app and search <\/span>#cs178<\/a>. Inside <\/font>#cs178<\/a> you’ll see Dreamforce- Dreamforce is the user conference for SalesForce <\/font><\/div>\n\n\n\n\n
<\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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7\/1\/15, 9:10 AM<\/a><\/div>\n
The road to $600,000 #ENGR145<\/a> stops by $300. Going $0-600k goes by 300! #ZeroPt6<\/a>
#Theorem<\/a> #Of<\/a> #SumThings<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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This is a pattern I see that everyone else sees too. But verrrry few can solve it. I see the pattern that just getting your first $300 in revenue really, really helps. Selling that first seasoned executive really helps. <\/span><\/div>\n

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There are a lot of excuses to not get to your first $300. <\/span><\/div>\n
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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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10\/6\/14, 1:43 PM<\/font><\/a><\/div>\n
As an engineer, one of three internship should be pure sales. #HTMMWYMM<\/a> #SelfFundSellFun<\/a> #VCsecrets<\/a> flip.it\/hG57r<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/29\/15, 10:19 AM<\/font><\/a><\/div>\n
Proprietorship is a vehicle & legal structure Silicon Valley eschews, ignores and even scoffs at #SelfFundSellFun<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


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By Larry Chiang Staggering but true = Amount of new technology that seasoned execs need to process, assimilate and execute is STAGGERING.  This is the problem.  Solving it is profitable.  As undergrads, solving this problem nets you a portion of the savings. If you’re an undergrad, you should set the goal to break even.  Larry […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5806","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/5806","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=5806"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/5806\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=5806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=5806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=5806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}