#LAFI Chapter 2: Should I Do It?


After taking a look at what the Founder Institute was all about, I decided that it’s awesome. It’s awesome for passionate hard working people who want to start a business, but don’t know where to start. It’s also great for people who’ve just started a (scalable) business and want to take it to the next level.

I consider myself a smart and passionate guy that’s risk averse and afraid of commitment. That’s why I’m currently working with four different groups of people right now, at varying levels of commitment. Is the Founder Institute right for me?

I recently finished the book Carrots and Sticks: Unlock the Power of Incentives to Get Things Done, written by Ian Ayres, (author of Super Crunchers: Why Thinking-By-Numbers is the New Way To Be Smart). This book talks about setting up commitment contracts for yourself using both positive and negative incentives (carrots and sticks), as a way to change your behavior.

I know what I wanted was to find a project that I couldn’t get my mind off of. That’s precisely what the Founder Institute promised me.

Where else do I get a heavily incentivized deadline to decide on one business idea to work on?

I should do it.


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