Notes - Anne Wojcicki on How to Build the Future

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File Name: Anne-Wojcicki-How-To-Build-Future-14042018
About: Notes from interview of Ms.Anne Wojcicki, founder of 23andme; with Mr.Sam Altman, President of Y Combinator.
Version 1: 14th April 2018
Link to Podcast: Anne Wojcicki on How to Build the Future
Author: Abhishek Rai
Date: 14th April 2018
Day: Saturday
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1. "Incentives are superpowers" -  Charlie Munger 

2. Founder(s) should be wanting the solution they are building for others, personally. #key #criteria

3. Great companies are usually founded when founder(s) can see the intersection of two different trends, long before others can do so. #prediction #success

4. Health is both about GENES and ENVIRONMENT.  #random

5. People love vision and outline and founders need to outline them. #implement

6. When going through the proverbial "trough of sorrow", don't wallow on today but instead focus on what it could become in next few years to come. #implement

7. It is important to get feedback from customers in real time. #customer #success

8. Founders should be great at show-casing the value of their product and make sure that customers understand the proposition. #customers #success #implement

9.Hiring right talent is the key.#key

10. Humility is a key component of a right hire's character. A right hire would be open to criticism, feedback and learning from others. #key #hiring

11. Hiring wrong persons in leadership position, runs the risk of sinking the ship.#hiring

12. The guide to finding the smart people is find who love to questiona and argue the status quo. #key #hiring

13. Founder of a company operating in a regulated space would require a lot of (efficient) communicating to be done. #learn

14. Founders should learn the style, form and ways of communicating things (efficiently). #learn

15. The great opportunity for founders is to show-case the bigger picture to the regulators, as they love seeing that. #success #learn #implement

16. "Best companies are remarkably steadfast" - Sam Altman

17. Stick with your company/product. Persistence is the key. #learn #implement #key #success

18. It takes almost a decade to see the consequence of your actions (true for both good/bad). #key #success

19. Trust in compund growth and stick with it. Super consistency will help you beat many others in the long run. #implement

20. "Overnight success is ten years of persistence" - Anne Wojcicki