Summarise of the video:

1. 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.
2. 6 phases of entrepreneur: Start -> Innovate -> Sell -> Hire -> Partner -> Finance
3. Common mistake of entrepreneurship, they don’t see "Marketing", "Building Brand".
4. 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.
5. Innovate Stage
   • What is the key insights, unique, and sustainable advantages in the model?
   • Rapid development and iteration.
   • Galvanizing events.
6. 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?
7. 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.
8. Partner
9. Finance

I am lazy to write… the rest is up to u to explore.