I talk about career growth and 0-1 entrepreneurship.
Founder at School16. Author at Forbes and HBR. Professor at NYU. Podcast host at The Mentors Podcast.
I've interviewed over 100 entrepreneurs whose companies were valued at $1M - $1B.
It was my personal “Business School” to learn how they got from 0-1, from nothing to something valuable.
Here are the main lessons, a 🧵
@Uber_Support how do you charge clients for comfort or luxury rides, then deliver a tiny, damaged car where luggage doesn't fit and still reply to support emails saying "it is not possible to make an adjustment" when it's a problem with your own product?
@thedankoe Kudos Dan! Anything new takes concerted effort but there’s something really powerful about mastering something that was previously unknown to you.
Makes you feel like anything is possible!
@YongSooChung Ha well to be fair I added other value like writing a Forbes feature about them.
But the article got all of 3,000 reads.
More than anything I agree with your sentiment. Too transactional.
Ultimately everything is an exchange of value, but if it feels odd it probably is.
@jefielding@johnmgannon And create a culture that prioritizes marketing and sales (as opposed to just product).
Too many founders think it’s okay to punt on revenue.
Only certain kinds of businesses should be operating at a loss.
@KenziesPoolBoy@ianncushing Gotta agree with this. Never had an early red flag work out.
Same goes with clients btw. If you’re frustrated early in the relationship, you’ll be miserable as it progresses.
@justingordon212 Ditto. And if you’re not that, get your baseline finances taken care of. Then focus the rest of your time in the pursuit of this ideal - freedom.
@AlexHormozi It’s because they see making money as much harder or unattainable.
But the people that try and get the taste of their first success never look back.
And if done right it doesn’t have to take long.
@Vam_ScrubHacker Definitely an important piece of the puzzle. Every successful founder knows that the one thing entirely in their control is action.
Business only survive as long as founders are willing to work on them.
Good luck on your road to 1!
I've interviewed over 100 entrepreneurs whose companies were valued at $1M - $1B.
It was my personal “Business School” to learn how they got from 0-1, from nothing to something valuable.
Here are the main lessons, a 🧵
@WrongsToWrite Yes! This and “what’s the one thing I don’t want to do right now”
That’s what you should usually start with.
Tackle that and the rest of your day is a breeze.
@businessbarista Impressive. Most people that have never done sales are afraid of it. If you embrace learning how to be good at it you’ll always be in control of your destiny.
I’ve seen every kind of sales person succeed.
The best are usually not your traditional alphas.
@jasonlk Hired 2 interns last year. One of them
Irish Goodbyed, the other one got a FT job working at Via Ride-share with a phone reference from me.
Boggles the mind why someone would burn a bridge they worked so hard to build.