Founders cover image

#302 Napoleon (The Mind of Napoleon)

Founders

00:00

The Importance of Watching Your Costs

Running a startup or any business cheaply is crucial for success. It is a common trait among successful entrepreneurs to be fanatical about managing expenses. By keeping costs low, a company becomes harder to kill, as running out of money is the main cause of startup failure. This concept of cost-consciousness extends beyond entrepreneurship, as even historical figures like Napoleon recognized the importance of making their operations hard to defeat. By carefully considering the motivations behind their actions, whether driven by personal inclination or external circumstances, they constantly strategized to establish order, fulfill ambition, and wage constant warfare. Spending time studying Napoleon's life provides invaluable insights into his mindset and what he aimed to communicate to others.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner