That's your gold. Hold on to your anchor firmly.
Fifty years ago, a crisis led to the end of the gold standard. 2021 was the 50th anniversary of the U.S. withdrawal from the Bretton Woods agreement.
What can a startup founder learn from the abolition of the gold standard? Three things come to mind: Don't be reckless, Don't use equity when cash would do, and Don't lose your anchor.
Values — Non-Financial Vision — Culture — OKRs — Stock Options. This is your success stack. Let everything rest on a solid foundation of your values and your non-financial vision. That's your gold. Hold on to your anchor firmly.
Regular Contemplation on your values provides you with a steady conviction, much needed when a crisis surfaces.
