How One Founder Wasted More Than 10 Year Of His Life - Billion Dollar Startup
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- Опубликовано: 8 июн 2024
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In this episode of "Billion Dollar Startup," Ivan Nikhoo shares a cautionary tale of an entrepreneur who wasted more than 10 years of his life chasing a tech dream that never materialized. Despite claiming to have the best technology and high-profile clients, this founder failed to demonstrate product-market fit or generate any revenues, yet continued to attract investors who believed his grandiose promises. Lok emphasizes the importance of self-assessment and seeking validation from experienced investors, like venture capitalists, to avoid falling into the trap of overconfidence and ego. With insights and war stories from successful tech founders and investors, "Billion Dollar Startup" is the ultimate guide to navigating the complex and exciting world of tech entrepreneurship and venture capital. Tune in to gain valuable knowledge on tech investing, software development, and the role of venture capital in helping startups achieve success. Don't miss out on this insightful podcast and visit dragonx.com for more resources and previous episodes.
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Chapters:
00:00 - Intro
00:36 - The secretive entrepreneur's pitch
02:16 - The entrepreneur's recurring encounters
03:26 - Irresponsibility towards investors
04:27 - Importance of due diligence and institutional capital
05:33 - Self-assessment and accepting feedback
06:29 - Value of validation from VCs
07:01 - Conclusion and wrap-up
Thanks for this amazing lesson Dan Lok 🙏
This is great Dan
Love your content
Good Job 🎉
Keep Going Higher
av always loved what you do
Knowing what you are doing is really important
Thank you for sharing this valuable content, I’m learning that I didn’t know anything 😅
Wow with a lot of love ❤❤❤
I love your content ❤❤❤
Great Content. My question is that: Is it a good idea to use Equality Crowdfunding to get your business off the ground?
I learned something new today. Validation is important
Do the world a favour and leave the car running in the garage with you inside
My book name I wrote as a author is ' I am a Billion Dollar Star - Feel Wealthy.
Got the ISBN of the book and it will be various platforms