- Do not plan your career: Career planning = career limiting
- Instead, focus on developing skills and pursuing opportunities
- Two kinds of opportunities: Those that present themselves to you, and those that you create
- Analyze opportunities by their risk and return, in the context of your “career portfolio” and your current stage of life. How much risk can you take right now, and are you diversifying your risk and rewards across your different opportunities/experiences?
- Pay attention to opportunity cost, and always be cognizant of the risks of the status quo.
- Get a technical undergrad degree
- You always want to be in the best pond possible.
- Spend as much time as possible gaining practical skills — work term-time, get as many internships as possible.
- Focus on becoming the top 25% in multiple fields
- Five important skills: communication, management, sales, finance, international
- Pick an industry where the founders of the industry — the founders of the important companies in the industry — are still alive and actively involved
- Once you’ve picked an industry, head straight for the center of activity
- Get involved with younger, higher-growth companies. You’ll pick up more skills and have more opportunities for promotion and responsibility
- Don’t immediately dive into a startup (very early and small) — the variance is high and many are poorly managed.
– Marc Andreesen
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