Business Breakdowns: Moneyball's first-principles, paradigm shifts, and ‘burn the boats’ | E1909
This Week in Startups is brought to you by… Mantle. The AI-powered equity management platform designed for modern founders and operators. Get your first 12 months free at https://withmantle.com/TWIST Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at http://www.vanta.com/twist MEV. Tired of the dev shop rollercoaster? Mev is your reliable technical partner, offering a well-established software development process designed to consistently deliver unparalleled value to their clients. Get $30,000 off your first three months at http://mev.com/twist! * Todays show: Lon Harris joins Jason Calacanis to discuss concepts in business, drawing parallels from Moneyball. The two dive into the significance of embracing paradigm shifts (15:38),first-principle thinking (27:16), Billy’s 'Adapt or Die' philosophy (48:54), and the turning point for the A's (1:11:20). * Timestamps: (0:00) Lon Harris joins Jason (7:35) Mantle - Get your first 12 months free at https://withmantle.com/TWIST (8:53) Moneyball cast breakdown (15:38) Paradigm shifts in Moneyball: Comparing the Oakland A's situation to startups vs. incumbents (21:19) Paradigm shifts in Moneyball: Making data-driven decisions (26:24) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist (27:16) The important concept of "First-Principle Thinking” (35:03) MEV - Get $30,000 off your first three months at http://mev.com/twist (36:34) Globalization's impact on startup opportunities and the importance of a unified team vision (48:54) Billy's philosophy: Adapt or Die! (59:20) The "burn the boats" moment and the importance of commitment in business (1:11:20) The turning point for the A's and their historic winning streak * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Lon: X: https://twitter.com/Lons * Thank you to our partners: (7:35) Mantle - Get your first 12 months free at https://withmantle.com/TWIST (26:24) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist (35:03) MEV - Get $30,000 off your first three months at http://mev.com/twist * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast