Smart Friends #079 Andrew Wilkinson: De-risking Leverage, Investing vs. Operating, and the Best Part About Business [Replay]
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Aug 21, 2024 
Andrew Wilkinson, co-founder of Tiny, shares his journey from a solo entrepreneur to managing a multi-company venture capital firm. He delves into the importance of leveraging people and effective delegation in business, discussing the emotional challenges of stepping back. Wilkinson emphasizes the risks of excessive debt and the significance of building resilient teams. He also explores the dynamics of startup co-founders, likening their experience to sports teams, while highlighting the lessons learned during the pandemic.
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First Leverage
- Andrew Wilkinson's first leverage experience involved delegating JavaScript work despite not knowing it himself.
- This allowed him to sell JavaScript as a service and realize the power of delegation.
Delegate for Efficiency
- Build processes and delegate tasks, even in creative businesses.
- Accept that others can do the job, even if not perfectly, as focusing on multiple tasks leads to poor overall performance.
Vacation Delegation
- Wilkinson delegated agency operations to his roommate during a month-long vacation.
- He was surprised to find the agency thrived, leading him to delegate more permanently.