Episode
#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
54:57
Published: Wed Oct 14 2020
Description
Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Josh Elman (@joshelman) on the pod today. Elman is a veteran of LinkedIn, Twitter, Facebook, and Robinhood to name a few. This guy knows Silicon Valley and growth better than anyone else. In today’s episode you’ll hear: Shaan asks Josh to give his background (1:00), Sam asks if it’s better to start your own thing or climb your way up in a tech startup (8:25), Elman answers the question “what technology or company has that 10x or 100x potential in the next few years (9:15), Josh explains the “meta-verse” or “the third place” and how AI will lead the way there (18:15), how the TV show Black Mirror has influenced tech (24:55), Elman unpacks his time at Stanford and the power of being around intelligent people and gives some stories on his early days at Unicorn companies (31:00), Sam puts Josh on the spot and asks him how he can 10x his own business (47:35), This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.
Chapters
One Silicon Valley veteran shares insights on his experience growing companies such as Real Networks and Facebook.
00:00 - 03:03 (03:03)
Summary
One Silicon Valley veteran shares insights on his experience growing companies such as Real Networks and Facebook. He also discusses seeking advice from a colleague who has had a miraculous career in the tech industry.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
A discussion about career paths that are not CEO or employee number 2500 and wanting to join a company that is successful, but still has room for growth to make an impact on the company and the world.
03:03 - 08:41 (05:37)
Summary
A discussion about career paths that are not CEO or employee number 2500 and wanting to join a company that is successful, but still has room for growth to make an impact on the company and the world.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The path to wealth lies in starting a small business and not relying on outside funding or climbing the corporate ladder.
08:41 - 12:28 (03:47)
Summary
The path to wealth lies in starting a small business and not relying on outside funding or climbing the corporate ladder. In the FinTech industry, peer-to-peer consumer companies like Robinhood and potential IPOs like Roblox are worth looking into.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The growth of genomic testing has led to the rise of companies like Grail, which was recently acquired by a health company for $7 billion.
12:28 - 17:44 (05:15)
Summary
The growth of genomic testing has led to the rise of companies like Grail, which was recently acquired by a health company for $7 billion. However, there is a growing interest in companies that start with individual genomic tests, like Levels.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The rise of AI-powered sex dolls could revolutionize the way we think about sex and love.
17:44 - 22:56 (05:12)
Summary
The rise of AI-powered sex dolls could revolutionize the way we think about sex and love. While some argue that it could lead to the further objectification of women, others believe it may actually lead to less drama and emotional entanglement in relationships.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
A company spun out from Apple and raised a large amount, and Black Mirror's concepts can be a source of inspiration for new startups.
22:56 - 27:46 (04:50)
Summary
A company spun out from Apple and raised a large amount, and Black Mirror's concepts can be a source of inspiration for new startups.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The speaker reflects on the importance of making friends with people more intelligent than oneself when in an environment like Stanford University, and mentions Marissa Mayer as an example.
27:46 - 32:21 (04:35)
Summary
The speaker reflects on the importance of making friends with people more intelligent than oneself when in an environment like Stanford University, and mentions Marissa Mayer as an example. The question of whether the speaker had overlapped with notable alumni such as Peter Thiel, Max Levchin, and Reid Hoffman is raised.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The feeling of meeting a successful CEO who exudes an air of heightened excitement and interest can be thrilling and can inspire individuals to show their best work and engage in meaningful conversations.
32:21 - 35:59 (03:37)
Summary
The feeling of meeting a successful CEO who exudes an air of heightened excitement and interest can be thrilling and can inspire individuals to show their best work and engage in meaningful conversations.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
LinkedIn CEO Jeff Weiner discusses the reclassification of job roles as the artifacts produced and the company's focus on becoming the largest network and driving revenue through engagement services and search.
35:59 - 39:37 (03:37)
Summary
LinkedIn CEO Jeff Weiner discusses the reclassification of job roles as the artifacts produced and the company's focus on becoming the largest network and driving revenue through engagement services and search.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
This podcast is about a genius product designer who is not concerned about fashion but is more focused on the actual product.
39:37 - 43:11 (03:33)
Summary
This podcast is about a genius product designer who is not concerned about fashion but is more focused on the actual product. He pays attention to the engineers and designers during the product development process.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The podcast guest shares his experiences in the pioneering edge of network effects and viral growth, discussing how people are now willing to pay for things that activate and motivate them, and the secrets that still exist in 2020.
43:11 - 50:10 (06:59)
Summary
The podcast guest shares his experiences in the pioneering edge of network effects and viral growth, discussing how people are now willing to pay for things that activate and motivate them, and the secrets that still exist in 2020.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
In order to attract top talent, leaders need to have a big baller image that can inspire and persuade others to join the team.
50:10 - 54:18 (04:07)
Summary
In order to attract top talent, leaders need to have a big baller image that can inspire and persuade others to join the team. This allows for the opportunity to work on products that can impact a billion people and make a difference for the world.
Episode#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
PodcastMy First Million
The speaker expresses their dislike for onboarding calls, but concedes that data shows it improves the product.
54:18 - 54:48 (00:30)
Summary
The speaker expresses their dislike for onboarding calls, but concedes that data shows it improves the product. They mention an article on Medium about how to make your product better through onboarding.