whattheydontteachyouatstanfordbusinessschool.com

Guacamole Recipe #14: Engineer Up Some Momentum

by Larry Chiang on January 19, 2012

Larry Chiang writes about what they don’t teach at b- school. After a Harvard Business School event, they wrote:  “What They Don’t Teach You at Stanford Business School“. He spoke at a Stanford BASES event, did Q&A  via text message and now teaches us what about a recipe too dangerous to try. If you liked his BASES keynote, the Q&A  via text message,  “What They STILL Don’t Teach You at Stanford GSB About Scamming and, “What They STILL Don’t Teach at GSB About Screwing Someone Hard” you will like his latest post: Engineering Up Some Momentum.

by Larry Chiang

Here is your momentum

Pattern replicate it. If you need help, contact a Stanford student that I taught this to (and pay them $80-$500)

http://bit.ly/vc0116f

http://bit.ly/vc0116d

http://on.fb.me/vc0116

http://on.fb.me/vc0116a

http://read.bi/vc0116b

http://bit.ly/vc0116sfc

http://bit.ly/vc0116qb

http://bit.ly/vc0116sfm

Below is my post on “Tipping”

It is how to get homefield advantage on the road. I copy-pasted this whole thing so that the “engineer up some momentum” post will be dark on google SEO and not have a cached copy

Members of this secret society experience a hotel like an owner of an NFL franchise with an AOL email. Your entry into this secret society depends on your ability to communicate by tipping. In the same way that opposing cold war admirals would move 13 submarines a grand total of 250 yards to communicate acceptance of a back-channel offer, you’ll read first-hand how to out flank 100 Stanford Business School graduates in front of you.

If you’re working the conference circuit to promote yourself or your business you’ll need these five tips for “Tipping Bribing and Comping” which can be found in my YouTube video channel: “What They Dont Teach You at Stanford Business School

-1-… 8-10 nickels will significantly change your hotel experience.
A nickel here means a $5 bill. A hitter I know tips 8 five dollar bills before he steps into his hotel room. Instead of shunning the bell-hop, he seeks him out and tips him two nickels. Instead of cringing at the $65 day rate to park, he tips 3 more 5s to take the care, pull the bags out AND CALL UP TO THE FRONT DESK from the parkway/driveway.

The last person to tip is 3 5s for the front desk manager with the statement, “Anything you can do by way of a room upgrade I’d greatly appreciate. I apologize for being such a bore to deal with :-) )

-2-… Outmaneuver everyone at a marquee conference hotel location.
First thing that you must know is the lay-out of the facilities. Second thing you need to do is put your lap-top bag down or check it. An advanced strategy is to host something “after hours”. Another advanced strategy is to buy Wall Street Journals (and do an insert or staple an teaser) and pay the bell captain to deliver to the conference attendees (at many conferences, I also get the list).

-3-… Goal is to turn a strange hotel into home-field advantage.
You must work out 10-20 min in the micro hotel gym facilities. It’ll help metabolize the seven gin and tonics you ingested last night.

-4-… Tip $20 at an open bar and use man-charm
Most conference cocktail parties are open bar so tip a $20 and order bubbly and remember the bartenders name.

-5-… Profiling who you are gonna tip at the hotel
This is critical at the front desk when there are five people checking in guests… I pick a person that’s most likely to upgrade me on these criteria
- are they just waiting to go on break?
- are they fresh outta HRM school like NAU (HRM- Hotel Restaurant Management and NAU is Northern Arizona University) and can’t risk breaking any rules?
- My favorite is the most senior of staff… they’d most appreciate the Andrew Jackson I’m slipping underneath my credit card

-6- Bonus Tip. These even work when you Priceline.com the room
Usually, those room sold online are low-floor crap rooms. You won’t get a corner room high floor unless you bribe and tip your way there.

The biggest tip (pun intended)is to be a vacation for the hotel staff. Any type of self deprecating humor goes a long way in breaking up the monotony of dealing with the public.

Enjoy membership into this secret society… If you have questions email them to chiang9@duck9.com and include your cell phone in the subject line. I’ll ping back all emails.

Good luck hustling hard and watch your back. If you sponsor a party, I am hosting events at Sundance and SXSW, don’t change my deal ;-)

***** ARTICLE END *****

Follow me on Twitter @larryChiang or join my 7 9 person fan club on Facebook. Remember, my book’s 14 chapters are reprinted free at a website called BusinessWeek. If you cannot sleep, watch my 90 minute panel that would’ve put half the room to sleep were it not for my dog Baxter storming the stage to co-moderate.

Good luck hustling hard and effen follow up. If you have a start-up, you can sponsor a party I am hosting at Sundance and SXSW

DISCLOSURE: I don’t make money from Fraiche. I don’t make money from Topix. I do appreciate the monopoly that Congress  granted and the FTC is enforcing: It’s the law that states only companies that get college students to high FICO scores (Duck9) can sell a credit card to that college student.

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Getting Over Your Pre Entrepreneur Fears

by Larry Chiang on January 18, 2012

Larry Chiang scandalously teaches at a school he used to crash classes at: Stanford University . He edits the Bloomberg BusinessWeek channel “What They Don’t Teach You at Business School”. After Chiang’s Harvard Law keynote, Harvard Business wrote: “What They Don’t Teach You at Stanford Business School“ (it is the same title as his NY Times bestseller). He is Entrepreneur in Residence at Stanford University and a VC. If you read his hilariously awesome “What a Supermodel Can Teach a Stanford MBA”, Enroll in Stanford Engineering 145 and “How to Get Man-Charm”, you will like his latest post: “Getting Over Your Pre Entrepreneur Fears”

By Larry Chiang

Congrats on recognizing you have fear and that you need to reach out to me to bust that fear in the face.

Ok, I never answer startup questions but the below answers all happen to suck. A lot.

Ok so lets say you’re launching and you’re decently well-versed with Lean startup method (trademarked by Eric Ries), and now you’re on to getting over your fears and executing.

It seems like you’re a super intelligent, well read first time entrepreneur so here are some patterns I recognized so that you can pattern replicate (and iterate but mostly replicate)

- Fear of getting circumvented.

This is super counter intuitive but you actually want people to rip you off and copy your exact thing.

What??!!

Yes, because it validates you and pushes you higher. For example, I have a presentation called “How to Do What Duck9 Does Without Having to Hire Duck9″

I cold call a conference producer in banking or credit or credit card banking and say: “Pow. I wanna do this preso that in effect kills my business. Want the duck? Err the deck. Do you want my slide deck.”

They say no but ask the name of the speech I want to give.

I say: “How to Do What Duck9 Does Without Having to Hire Duck9″

They then get wet or get wood. Or both

What is the conclusion to the presentation: “How to Do What Duck9 Does Without Having to Hire Duck9″??

Too much work. LETS hire ‘em.

ITs always the conclusion.

Do not fear getting circumvented.

Another example is my venture fund. I live in ground zero of 60% of the vc money in America: Palo Alto CA. I had a VC register ‘every-animal 9′. VCs copy stuff. So I have this idea for a venture firm with a strategy that is pretty easy to copy.

So what do I do??

I drop my pants and do the version of “How to Do What Duck9 Does Without Having to Hire Duck9″ but but for my venture firm— SO I blogged it http://www.xconomy.com/san-francisco/2011/11/22/7-questions-lps-should-ask-vcs-but-dont/

Do you think that the top five venture firms have more resources, more money and more ability to execute my li’l CS-major-CEO-farm-system maneuver than me and my 7 hours per week?!

YES, they have more resources.

But I work and hustle my little venture firm with my one little LP and I am getting to 13,000 cs major ceo cell phone numbers come Noah-the-ark or high-waterj

BUT LARRY CHIANG I DON’T WANNA LOOK LIKE AN IDIOT

ok, here is the thing about entrepreneurship. You are gonna look like an ass 70-90% of the time

You name the legendary entrepreneur and I will tell you the 3-10 times they looked like they had an IQ that hovered below IQ 88

Google IQ 88.

I documented them.

Oh and Friendster was genius. And so is Jonathan. He runs Founders Den. Sure that evite sequel business didn’t pan but learn from Jonathan’s pattern — don’t avoid it completely

I am tired from answering this question. Vote it up at Quora and I will share some mo’

Google me… I’m sort of a big deal :-]

Reprint. This first appeared on STANFORD BASES blog.

Other stuff to read from my all day workshop in Hawaii:
- Leverage other people’s momentum (by doing a sequel to a company, book or film you did not create) (Ch 3 of my book)
- Learn from other people experience by getting superstar, junior and co-hort mentors (Ch 5 of my book)
- Get access to other people’s money “Venture Capital Secrets” and more
- Cut and Paste other people’s work (Ch 3)
- WORK a CONFERENCE: Booth Sales (lead generation, tag team selling and getting expo visitors into the red zone) and Speaking to Get Deals (Ch 6)
- How to Tip, Bribe, Comp and Tip your way past 100 Stanford MBA’s

Follow on Twitter @larryChiang. Remember, my book’s chapters are reprinted free at a website called BusinessWeek
If you cannot sleep, watch NBC 8, KHNL

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Tipping, Comping, Thanking and Tipping

December 5, 2011

Larry Chiang writes about business school. After a Harvard Business School event, they wrote:  “What They Don’t Teach You at Stanford Business School“. He spoke at a BASES event, did Q&A  via text message and now teaches us what. If you liked his BASES keynote, the Q&A  via text message,  “What They STILL Don’t Teach [...]

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Raising Your FICO While You’re in an MBA Program

December 5, 2011

Larry Chiang writes about business school. After a Harvard Business School event, they wrote:  “What They Don’t Teach You at Stanford Business School“. He spoke at a BASES event, did Q&A  via text message and now teaches us what. If you liked his BASES keynote, the Q&A  via text message,  “What They STILL [...]

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What They Don’t Teach You at Stanford Business School About Public Speaking

December 5, 2011

Larry Chiang is an instructional humorist and has a PBA (Padawan in Business Administration). He will have you street savvy by Saturday. After a Harvard Business School event, they wrote:  “What They Don’t Teach You at Stanford Business School“. He spoke at a BASES event, did Q&A  via text message and [...]

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What They STILL Don’t Teach at GSB About Screwing Someone Hard

December 5, 2011

Larry Chiang is an instructional humorist and has an IQ of about 88. What he lacks in academic prowess, he more than makes up for in wisdom. He is not a Jedi but has instincts stronger than Obi-Wan Kenobi when it comes to boardroom shenanigans. Read this and the force will [...]

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What They STILL Don’t Teach You at Stanford GSB About Scamming

December 5, 2011

Larry Chiang is an instructional humorist and has a PBA (Padawan in Business Administration). He will have you street savvy by Saturday. After a Harvard Business School event, they wrote:  “What They Don’t Teach You at Stanford Business School“. He spoke at a BASES event, did Q&A  via text message and now teaches [...]

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What They STILL Don’t Teach at GSB About Getting Revenge

December 5, 2011

Larry Chiang is an instructional humorist and has a self-reported IQ of about 88. What he lacks in academic prowess, he more than makes up for in wisdom / street-smarts. He is not a Jedi but has instincts stronger than Obi-Wan Kenobi when it comes to corporate shenanigans. Read this and the force will be [...]

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What They STILL Do Not Teach You at Stanford Business School (But Do at Stanford Engineering)

December 5, 2011

Larry Chiang is an instructional humorist and aspires for a JBA (Jedi in Business Administration). He wants us street smart by Friday. After a Harvard Business School event, they wrote: “What They Don’t Teach You at Stanford Business School“. He spoke at BASES and got over a dozen questions that he will answer below.
By [...]

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Questions Limited Partners SHOULD Ask VCs… But Don’t

November 29, 2011

Larry Chiang scandalously reveals how stuff really works and breaks it down. He edits the Bloomberg BusinessWeek channel “What They Don’t Teach You at Business School”. After Chiang’s Harvard Law keynote, Harvard Business wrote: “What They Don’t Teach You at Stanford Business School“ (it is the same title as his NY Times best [...]

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