Max Hodak - Avoid little leagues
Little leagues are places where you’ll develop more slowly, to an asymptote that’s lower than it might be elsewhere. The undergraduate investment club is a little league for being a professional analyst. TEDx is a little league for TED. Little leagues are relative: being an intern at a technology company at thirteen or taking non-AP Calculus at eight probably don’t count as little leagues. When I went back to school after my first company, a friend tried to pull me into an “entrepreneurship” group he was putting together. They had some smart people working on some interesting things, and though I was concerned that it would suffer from the ordinary, boring infant diseases of undergraduate projects, what really pushed me away was the feeling that even if a member’s “startup” was successful in that context, it would still only be a student project. It attempted to recreate a hard, complex process that requires years of your life in a fleeting, riskless environment. No matter how well a s
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