Speedrun vs Reset Strategy

A framework contrasting two different approaches to business success: mastering one domain repeatedly (speed running) versus starting fresh in new domains (walking backwards). Based on observations of successful entrepreneurs.

Speed Running Approach

• Definition: Mastering and repeating success in the same industry/business model
• Key characteristics:
  • Leveraging existing knowledge and experience
  • Faster execution due to previous experience
  • Lower risk due to proven playbook
  • Focus on optimization and efficiency

Real Examples

• RXBar founder:

  • Sold company for $600M
  • Started new protein bar company (David Bar) after non-compete
  • Using same industry knowledge and distribution channels

• Three Anonymous E-commerce Entrepreneurs:

  • First entrepreneur: Hit $1M/month revenue in 2 months with new venture
  • Second entrepreneur: Sold 9-figure company, started similar business tracking faster
  • Third entrepreneur: Built $10M+ profit/year business after seeing competitor's weaknesses

Walking Backwards Approach

• Definition: Starting fresh in new industries/domains despite previous success
• Key characteristics:
  • Willingness to be a beginner again
  • Risk-taking mentality
  • Focus on learning and growth
  • Emphasis on reinvention

Real Examples

• Elon Musk:
  • Moved from PayPal (software) to Tesla/SpaceX (hardware)
  • Risked entire PayPal fortune on new ventures
  • Started from zero knowledge in rocket science
  • Now has self-landing rockets

Key Insights

• Safety Net Strategy:

  • Gary Vee keeps $1M as safety net
  • Willing to risk everything else
  • Enables bold moves while maintaining minimal security

• Success Factors:

  • Mental preparation for starting over
  • Comfort with being a beginner
  • Willingness to risk previous success
  • Ability to maintain confidence during setbacks

• Personal Choice:

  • Both approaches can lead to success
  • Decision should be based on personal goals and satisfaction
  • No obligation to choose either path
  • Focus on what brings personal fulfillment rather than external expectations