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Business Advice
Big thanks to the team at Entre and host Jimmy Douloumbakas for having an almost 1.5 HOUR Founders Series fireside chat.
Founder Fridays Interview Series w/ Shane Neman – 4-time founder, investor, and an all-around great guy. We discussed startups, tech, family, and the struggles of entrepreneurship. This is a great interview with a wealth of knowledge.
"It’s not whether you win or lose, it's how you play the game" is one of those quintessential expressions we grow up being taught to live our life by from a young age. And that’s true for Little League and most amateur sports, which is in fact who the sports poet Grantland Ricef was addressing when he wrote what would become one of the most famous aphorisms of all time. In all aspects of competition “how you play the game,” should of course always be conducted with good ethics and morals, honor, and integrity. Sportsmanship aside though, winning matters. As you get older and graduate from the minors to big league, winning becomes essential with real situations in your life and career. With big wins you can take care for your family, rise the ranks at work, or accelerate your own company to new heights. Contrary to popular belief however, competition does not mean there is only one winner. Often in business competition is desirable and necessary to drive growth so that everyone wins.
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The experience of building JoonBug from the ground up during my days as a nightlife impresario and before the days of EventBrite and social media provided valuable tools and lessons that have come in handy in all areas of my life.
It’s not that some of the best ideas don’t happen over a few drinks at 2am. Sometimes they do. But what’s unique is the experiences that happen in the places and with the people that associate with the 2am timeframe that produce the best ideas. Nightlife (a place shrouded in mystery) often propels some of the more interesting characters in entrepreneurship into not only stardom but great wealth. Though it’s not necessarily nightlife where that stardom and wealth happens; Sometimes nightlife is just the stepping stone. For me many of my greatest life and business lessons spawned from my experiences in nightlife.
Let’s go back to just around September 11, 2001; a time when many New Yorkers and Americans were not only recovering from a national tragedy, but where businesses and workers were also struggling. The tech bubble had burst and I was out of work after a failed tech startup I had founded went bust.
