Chapter
Playing the Outlier Game
1:31:24 - 1:34:06 (02:41)
A focus on creating outlier outcomes requires thinking about what creates them instead of what results in average outcomes, in addition to having long-term conviction and understanding the ups and downs.
Clips
A startup learns the importance of financial statements when seeking investment and almost loses the opportunity due to lack of knowledge in the subject.
1:31:24 - 1:31:52 (00:27)
Startup
Summary
A startup learns the importance of financial statements when seeking investment and almost loses the opportunity due to lack of knowledge in the subject.
ChapterPlaying the Outlier Game
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The conventional wisdom is that it's impossible to sell anything during challenging times, but with a good deal, it's possible to sell almost anything.
1:31:52 - 1:33:08 (01:16)
Cryptocurrency
Summary
The conventional wisdom is that it's impossible to sell anything during challenging times, but with a good deal, it's possible to sell almost anything. Cryptocurrency sales can defy conventional wisdom and create outlier outcomes.
ChapterPlaying the Outlier Game
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The time to make acquisitions and play offense is during market downturns.
1:33:08 - 1:34:06 (00:57)
Investing
Summary
The time to make acquisitions and play offense is during market downturns. Long-term conviction and a focus on outlier outcomes is necessary for success.