Andrew Wilkinson, co-founder of Tiny, shares insights on his approach in building the 'Berkshire Hathaway of the internet' inspired by Warren Buffet + Charlie Munger. Topics include mental models like inversion, types of entrepreneurs, hiring key employees, importance of incentives, and aligning employees around a shared vision.
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Inversion for Better Decisions
Use inversion: Identify your nightmare day and set anti-goals.
This clarifies what you truly value and improves decision-making.
insights INSIGHT
Delegation and Limitations
Andrew Wilkinson's entrepreneurial journey involved recognizing his limitations.
He learned to delegate by hiring CEOs, inspired by Warren Buffett's approach.
question_answer ANECDOTE
Worst-Case Scenario Exercise
Wilkinson and his partner listed their worst-case scenarios, including excessive meetings and travel.
This helped them prioritize and improve their lives, aligning with Munger's aversion to fatal paths.
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Andrew Wilkinson is the co-founder of Tiny. He owns 30+ companies, including Dribbble, Metalab, Girlboss & Castro. Collectively, these businesses bring in $100mil+ in annual revenue.
Andrew took WeCommerce public the week of this interview, with the most recent market cap hitting $800mil Canadian dollars (Jan 2021)
He's a leading expert in buying, starting & growing online businesses.
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