Chapter
Tips for Founders: Building a Business to Win or for Fun
21:10 - 28:24 (07:13)
In this podcast, the speaker talks about 3 strategies for building a business - building for fun/mission, building a rinse and repeatable model and building to win. He also shares his experience in identifying which business will be successful.
Clips
Discover Marketing School, a daily podcast hosted by Neil Patel and Eric Su focused on providing effective marketing strategies.
21:10 - 22:55 (01:45)
Summary
Discover Marketing School, a daily podcast hosted by Neil Patel and Eric Su focused on providing effective marketing strategies. In a recent episode, they interview a successful entrepreneur who got her products into Target after gaining popularity on Instagram.
ChapterTips for Founders: Building a Business to Win or for Fun
EpisodeHow to Interact with Famous People, The In-Person Event Playbook, and More
PodcastMy First Million
The speaker has been setting up calls with bankers to learn about mergers and acquisitions.
22:55 - 24:03 (01:07)
Summary
The speaker has been setting up calls with bankers to learn about mergers and acquisitions. He is asking for information about why certain companies were bought and what the opportunities were that the buyers were looking for.
ChapterTips for Founders: Building a Business to Win or for Fun
EpisodeHow to Interact with Famous People, The In-Person Event Playbook, and More
PodcastMy First Million
The speaker discusses how accountants, much like vaults filled with gold, have a lot of knowledge about various deals and companies.
24:03 - 24:58 (00:54)
Summary
The speaker discusses how accountants, much like vaults filled with gold, have a lot of knowledge about various deals and companies. Although the accountants can't disclose specific information about the deals, they provide general information about why companies are succeeding and what companies are trying to buy.
ChapterTips for Founders: Building a Business to Win or for Fun
EpisodeHow to Interact with Famous People, The In-Person Event Playbook, and More
PodcastMy First Million
The Build to Win model involves identifying businesses that have a rinse and repeatable model, rather than those that rely on a one-time stroke of luck.
24:58 - 26:42 (01:44)
Summary
The Build to Win model involves identifying businesses that have a rinse and repeatable model, rather than those that rely on a one-time stroke of luck. This allows for easy emulation by others entering the same space.
ChapterTips for Founders: Building a Business to Win or for Fun
EpisodeHow to Interact with Famous People, The In-Person Event Playbook, and More
PodcastMy First Million
The choice between building for fun or building for a mission implies that you should go for something you would never want to sell and that you are willing to do, even if it has a low likelihood of success.
26:43 - 28:24 (01:40)
Summary
The choice between building for fun or building for a mission implies that you should go for something you would never want to sell and that you are willing to do, even if it has a low likelihood of success. The question to ask is how much security do you need before pursuing something you know you should do.