Chapter
The Importance of Authenticity in Building a Scalable Business
10:26 - 12:50 (02:24)
The ability to show vulnerability and a willingness to learn is key to building an authentic and scalable business, according to investor and "Shark Tank" personality Mark Cuban.
Clips
Leaders who possess both confidence and humility are better suited to pivot when things don't go as planned.
10:26 - 11:07 (00:41)
Summary
Leaders who possess both confidence and humility are better suited to pivot when things don't go as planned. This quality of authenticity indicates that they are more willing to adapt over time and make necessary changes to prevent business failure.
ChapterThe Importance of Authenticity in Building a Scalable Business
Episode727 Business Growth and Raising Money with Matt Higgins
PodcastThe School of Greatness
In order for a business idea to be successful, it is important to have intellectual curiosity and the ability to constantly improve the idea.
11:07 - 11:52 (00:45)
Summary
In order for a business idea to be successful, it is important to have intellectual curiosity and the ability to constantly improve the idea. It is also crucial to ask hard questions about scalability to avoid wasting time on a feature rather than a viable business opportunity.
ChapterThe Importance of Authenticity in Building a Scalable Business
Episode727 Business Growth and Raising Money with Matt Higgins
PodcastThe School of Greatness
The excitement of having a new product idea can cloud one's judgment on whether it should be pursued.
11:52 - 12:28 (00:36)
Summary
The excitement of having a new product idea can cloud one's judgment on whether it should be pursued. It is important to ask oneself if the idea is worth pursuing before investing time, money, and effort into it.
ChapterThe Importance of Authenticity in Building a Scalable Business
Episode727 Business Growth and Raising Money with Matt Higgins
PodcastThe School of Greatness
The value of a business is a key determinant for investors like Shark Tank's Daymond John.
12:28 - 12:50 (00:21)
Summary
The value of a business is a key determinant for investors like Shark Tank's Daymond John. He suggests evaluating the scalability of a business and determining its potential worth of $100 million or more before investing time and money into it.