The Worst Advice On The Internet

The most dangerous advice circling the internet right now is just go be an entrepreneur tomorrow. But statistically, it's actually terrible advice for most people. 90% of startups fail. So if your first mistakes are inevitable, and they are, why not do it on somebody else's dime? Then go out on your own. Goldman made me risk adverse. So before I make any major move now, I run it through what I call the OPX check. 3 questions, you can steal them. Whose capital can I use instead of mine? Whose resources can I use instead of mine? Whose network can I use instead of mine? If the answer to all three is my own, I'm probably not thinking about it right. I use this term OPX. It stands for other people's X, where X is whatever asset you need— money, contacts, infrastructure, credibility. Goldman never takes a position without limiting their own exposure first. This is how you do the same thing at any level. That's rule number one.