Video Sharing: The Secret of a Serial Entrepreneur
I found out this inspiring videos on Entrepreneurship. It really blown me up. The public speaking is so amazing and the topic extremely interesting. hope you enjoy….
Summarise of the video:
- In a Public Speaking session, 30% audience will follow the talk, 20% will be day dreaming, and the 50% will be engaging in sex fantasy.
- 6 phases of entrepreneur: Start -> Innovate -> Sell -> Hire -> Partner -> Finance
- Common mistake of entrepreneurship, they don’t see "Marketing", "Building Brand".
- Start Part
- Am I passionate enough, do I think I could make a difference.
- What you are trying to do is UNKNOWABLE by its nature.
- There is NO EXIT STRATEGY for entrepreneurs, the end game is to earn lots of money, and you won’t know how much…
- Entrepreneurship is about the Start, is not about finishing. you start you learn, is a marathon.
- The will, passion and determination that the only thing entrepreneur has.
- Innovate Stage
- What is the key insights, unique, and sustainable advantages in the model?
- Rapid development and iteration.
- Galvanizing events.
- Sell ( this is the part I don’t really understand)
- Marquee Account, Referenceable User….
- New pain point - Finding out your real business.
- Cost of customer acquisition and LTV
- Does it scale?
- Hire
- Big companies, hires extraordinary people and force them to do ordinary work. Startup hires ordinary people and inspired them to do extraordinary work.
- Established company, will hire 3 people to do the job of 1. Startups will hire 1 person to do the job of 3. (the 1:3 rule.)
- Fire yourself and contract everyone. Hiring long term employees are more costly for startups….
- Work is more important than advice.
- leveraging on "Client Development Programs".
- To keep your contractors fire up with work, advertise every position in the company every 6 months.
- Partner
- Finance
I am lazy to write… the rest is up to u to explore. 
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Life is interesting, its all about experimenting, trial and errors and self improvments. This blog is all about my personal experience. I am full with ideas, and i will achieve every one of them step by step.