The Knowledge Project with Shane Parrish #77 Mike Maples: Living in the Future
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Mar 3, 2020 
Mike Maples, a partner at Floodgate, dives into the fascinating world of startups and the mental models that guide investment decisions. He discusses how unconventional frameworks are essential for evaluating startup opportunities and shares insights on disruptive innovation. Maples emphasizes the importance of team dynamics, authentic motivations, and understanding customer needs through experimentation. He also highlights the significance of a truth-seeking culture in fostering sustainable growth, making this conversation a treasure trove for aspiring entrepreneurs.
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Startups vs. Companies
- Startups aren't companies, but founders with unique insights, living in the future.
- They need breakthroughs in insight, value, and growth to become companies.
Origin of Startup Ideas
- Great startup ideas stem from insights gained by living in the future, not market analysis.
- Founders notice what's missing and bring that future back to the present.
Value Hacking
- Focus on value hacking: build something unique that people desperately need.
- Validate your value proposition before focusing on growth.