Clearer Thinking with Spencer Greenberg

How can you tell if you're cut out for entrepreneurship? (with Matt Clifford)

Apr 5, 2023

01:11:41

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Highlights

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Episode notes

The Future of Leverage Technologies

01:56

Embrace Definite Optimism for Real Impact

01:03

Introduction

4min

The Effect of the Internet on Extreme Behavior

2min

The Rise of Variance Amplifying Institutions

2min

The Importance of Variance Application in Entrepreneurship

2min

The Rise of Variance Dampening Institutions

2min

The Evolution of Career Paths

4min

The Importance of Entrepreneurship

5min

How to Select the Right Entrepreneurs

3min

The Importance of Facing a Near Death Experience

3min

10.

How to Be a Successful Founder

3min

11.

The Four Attributes of Entrepreneurship

2min

12.

The Benefits of the EF Model for Entrepreneurs

2min

13.

The Benefits of Being an Entrepreneur

2min

14.

How to Balance Determination and Flexibility as an Entrepreneur

2min

15.

The Trade of Getting People to Follow Your Work

2min

16.

The History of Ambition

5min

17.

The Future of Leverage Technologies

2min

18.

How to Be a Successful Entrepreneur

2min

19.

Counterfactual Impacts in Venture Capital

5min

20.

How to Excel as a Venture Capitalist

4min

21.

The Persistence of Venture Capital

3min

22.

How to Get an Edge in VCs

3min

23.

The Power of Edge

3min

24.

The Importance of Having a Map of the Maze

5min

Read the full transcript here.

What are "variance-amplifying" and "variance-dampening" institutions? Has the world been getting weirder recently? Should entrepreneurs aim for variance amplification or variance dampening? What percentage of people should be entrepreneurs? What traits and skills are necessary for successful entrepreneurship? How has ambition changed over the course of history? How can entrepreneurs know if they're really changing the world, or just doing something slightly before someone else did it, or just doing something that would have happened anyway? How can entrepreneurs avoid getting mired in "tar pit" ideas?

Matt Clifford MBE is cofounder and CEO of Entrepreneur First, the leading technology company builder that invests in top technical individuals to help them build world-class deep technology startups from scratch in six locations across Europe, Asia, and Canada. Since 2011, Entrepreneur First has created over 500 startups worth over $10bn including Magic Pony Technology, Tractable, and CloudNC. Matt is also Chairman of the UK's new Advanced Research and Invention Agency (ARIA), which aims to enable exceptional scientists and researchers to identify and fund transformational research that leads to new technologies, discoveries, products, and services. Matt sits on the board of Code First Girls, which he co-founded in 2013 to teach young women how to code, and is a member of the Innovate UK Council. Matt started his career at McKinsey & Co. and holds degrees from Cambridge and MIT, where he was a Kennedy Scholar. He was awarded an MBE for services to business in the 2016 Queen's Birthday Honours. Follow him on Twitter, interact with him on LinkedIn, or learn more about his work at Entrepreneur First.

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