Sam Altman just told the largest media network, TBPN, that you should not just be building one company at a time. Instead, follow the rule of portfolio entrepreneurship: build multiple companies at once and double down on the idea that works. The era of just doing one thing is over. #Tech #entrepreneurship #ai #agents

Sam Altman just said that the most famous piece of startup advice no longer applies and by the way If you don't know who he is he is the founder of open AI the large AI company in the world And he used to be the president of Y Combinator, which is the world's most successful Entrepreneurship accelerator that is responsible for many unicorns you see today Just a list of few examples door dash Airbnb and stripe so for the longest time the prevailing Advice in Silicon Valley is that you should pick one thing and pour everything you have into it That your focus should be relentless and should be disciplined and you should lock in to just one thing for the next 10 years And a lot of people follow this advice and build generational companies from it But AI has changed everything and Sam Altman has just said as of today that you can now build the 30 things at once And you can get people to use them if you have the right distribution and so that's what you should do You should launch multiple things and you should pick the one that works and double down on it And this sounds kind of ridiculous, but personally a lot of successful entrepreneurs I know are doing just that they're taking the portfolio approach and they're launching multiple ventures And they're just seeing which one sticks first before they double down some founders call this incubation Where they will come up with an idea they'll raise capital for it They'll find an operator to run the company and then they'll just let them fly and see what sticks So everything's changing and the old model was you should guess what works and test it build it and then from the feedback Understand whether or not you should keep pursuing it the new advice is to build fast multiple things at once And then let the market decide whether or not it's worthy of continuing