Chapter
Navigating Entrepreneurial Mistakes
31:16 - 37:30 (06:13)
After making mistakes as first-time entrepreneurs, the founders sought out to talk to people in their space, attend events and conferences to see if they could catalyze an acquisition or chemical reaction for their product. They hoped to create a compelling social platform that could go viral, much like their previous success with Superlatives.
Clips
The key to creating a viral social app is to build something that can be used frequently for a long period of time.
31:16 - 33:18 (02:01)
Summary
The key to creating a viral social app is to build something that can be used frequently for a long period of time. The strategy would involve optimizing for user engagement and encouraging users to share the app with their friends.
ChapterNavigating Entrepreneurial Mistakes
EpisodeGreatest Hits #1 - Turning it Around: From Failure to a $100m+ Success
PodcastMy First Million
The podcast host discusses the evolution of Naval Ravikant's philosophy and how it compares to other philosophers of previous ages.
33:18 - 34:53 (01:35)
Summary
The podcast host discusses the evolution of Naval Ravikant's philosophy and how it compares to other philosophers of previous ages.
ChapterNavigating Entrepreneurial Mistakes
EpisodeGreatest Hits #1 - Turning it Around: From Failure to a $100m+ Success
PodcastMy First Million
Accepting a $2 million offer for 9 months worth of work, despite making mistakes as first-time entrepreneurs, to then use the funds to buy up the top five players in the market and combining them to create up to 100 million dollars of value.
34:53 - 37:30 (02:36)
Summary
Accepting a $2 million offer for 9 months worth of work, despite making mistakes as first-time entrepreneurs, to then use the funds to buy up the top five players in the market and combining them to create up to 100 million dollars of value.