Giving Compass' Take:

• Feliks Eyser at Medium speaks about his own experiences and the importance of having focus, ambition but also a minimalist attitude in startups. 

• How can startup founders use this information and guidelines successfully? Does this advice apply to other companies or organizations? 

• Learn about 5 secrets to nonprofit startup success. 

Inever thought I’d end up in a wooden box at age 31, but here I am, surrounded by timber. I buried myself in the jail cell version of a hotel room. When I landed in Singapore, I found several “capsule hotels.” Since I was exploring minimalism, it seemed like the perfect opportunity to take my experiment one step further. My two-square-meter capsule is the ultimate reduction to the essential. If anything were taken away in my cell, it would become a coffin. One light switch and one power outlet seems enough. Less would be impractical, but more already feels like a waste.

In startup-land, not many people think about minimalism. Growth equals success, and success is the result of focus and ambition. But ambition itself can be the biggest enemy of focus. During my 10-year journey from zero dollars to tens of millions in revenue, I was really good at doing “more.”

Read the full article on advice for startup founders by Feliks Eyser at Medium.