The single biggest reason why start-ups succeed | Bill Gross | TED
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- Опубликовано: 31 май 2015
- Bill Gross has founded a lot of start-ups, and incubated many others - and he got curious about why some succeeded and others failed. So he gathered data from hundreds of companies, his own and other people's, and ranked each company on five key factors. He found one factor that stands out from the others - and surprised even him.
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This guy's ted talk was so straight up damn respect. To the point.
It's almost impossible to know if an idea is early/late or just right, his talk was biased
@@blackbox1024 And that's why you're not an entrepreneur lol. There's a lot of factors that play into timing. Some people are able to predict them while others get lucky. Then there's some who have no idea what those factors are. Who are you to say that it's impossible?
seriously!
👌👌
@@EricChowder7 Well i'm actually an entrepreneur with an exit already at 21 years of age, but no entrepreneur can really measure timing accurately. You can take educated guesses but that's not what measures an entrepreneur's skills, let's not forget that arguably the best entrepreneur of the 21st century Jeff Bezos has had quite a lot of failures and if anyone would be good at predicting timing, it would have been him with all that experience.
The biggest reason for success is founders understanding and knowing customers really well, nothing more than this one. If you really understand people, you will be in a great position to build things they actually need, i bet you the airbnb founders never ever thought about timing in 2008 when they launched their first version, all they believed in was the great social experience that two strangers can get really close in just a short amount of time.
Although i'm not advising to discard timing, it's still important but it's more of a natural thing where you have little control over, if you focus on understanding people and your ability to create things fast, you can get a long way.
All the forces in the world are not so powerful as an idea whose time has come. -Victor Hugo
Zyzyzx Zyzer DO NOT PUT YOUR MONEY IN BANKS.
GET A CREDIT UNION.
I know, it can sometimes be difficult to find a good credit union that you are eligible to join but even the crappy ones have lower fees, lower interest rates on loans and higher interest rates on deposits than the best banks. Plus they lend disproportionately to local businesses helping the local economy.
Metsuryu Hey, nice one, that combines 2 of his factors: idea and timing.
neutrinocoffee Yeah, I like quotes, so I remember the good ones.
Awesome thanks for sharing this.
Isaac Karjala So true. I've never understood why people would use a bank over a credit union. (Assuming there's a credit union in the area.)
For any teenagers out there reading this: First, I commend you for being interested in TED talks. Second, here's the key differences between a credit union and a bank:
In the United States, credit unions are not-for-profit organizations that exist to serve their members rather than to maximize corporate profits. Like banks, credit unions accept deposits, make loans, and provide a wide array of other financial services. But as member-owned institutions, credit unions focus on providing a safe place to save and borrow at reasonable rates. Unlike banks, credit unions return surplus income to their members in the form of dividends.
Fees and loan rates at credit unions are generally lower, while deposit dividend and interest rates are generally higher than banks and other for-profit institutions.
I'm gonna rank this as THE best TED talk I've watched so far. It's so concice and contains no unnceccessary jargon or power point spectacle. He's articulate, doesn't miss a single beat, and you get it all in just 6 minutes. More TED talks should be like this. Good job Bill Gross.
Great Startups In the nutshell: "Create idea from current problem in the world"
You can also start up...I'm nitin a medical student in this year of virus...you can help many peoples and also can make money
I'm a medical student
Incubating start ups and business development
👌👌
Not really, needs to be at the right time. There are always problems but sometimes tech needs to catch up to it
Yes agree
Absolutely right
"you have an idea ,you love it & you want to push it forward "but you got to think logically not emotionally. this is what i take home
Stock are good but I swapped and invested in forex, Bitcoin and other cryptocurrency. I have been making profits
I love this guy's energy, but you have to keep in mind that the raw data that went into this whole analysis was just his subjective intuitions about how good the timing, idea, funding, business model, and team of each company was. Who knows how accurate that is. And it might be biased toward certain hunches he already has about why startups succeed, since he is thinking about these companies retrospectively, already knowing which ones succeeded and which ones failed.
neutrinocoffee had he rated youtube in 2005 or instagram in 2010 ... then his results would've been more convincing...its easy give youtube a 9 on timing when you are rating retrospectively
Arasmus Inc. well, isnt that intrinsic of timing evaluation itself? I dont disagree with you guys, but MAYBE timing can only be measured with certainty long after it happened..
He would have metric that he measures businesses against and it would have a qualitative approach that is mixed with a quantitative approach.
It's not really possible to remove all biases in this kind of evaluation. But I think the approach is sound and it seems consistent and reliable. If his finding is peer-reviewed somewhere, I would definitely believe it.
neutrinocoffee d
"Everybody has a plan until they get punched in the face"...... this line has won me
Yea, we knew we would hit $5M on crowd, until the number $42k punched us in the face...
3:40
My research indicates that this is a better system:
10% luck
20% skill
15% concentrated power of will
5% pleasure
50% pain
and 100% reason to remember the name!
David i got that reference :)
Dude You're funny hahaha
This is not the gym bro, this are business
@@masadeinc5224 if you add up the numbers on his chart it does not adds up to 100%... you can tell me that this is serious stuff, they can't even get simple math right... TY.
My song at lest knows howto add up numbers to do 100%... this simple fact kills all credibility for me... how they did this research to get to this numbers? how accurate is this research? why I can't just come with some random words and have some percentages info-chart?, and if my math adds up I am already better than the info in this video:
20% Planning
20% Execution
50% coffee
10% taxes
You made my day
When he said right timing ZOOM came to my time
I have that question too Lol why Zoom is even a thing why not skype or discord
I have an idea :
it's a new type of restaurant : eating-spots,
in an eating-spot, food keeps changing, chefs also rotate,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the customers via an app
@Caz L Orrell Maybe but I'm sure Covid has further propelled their growth and cemented their position in this space.
Hey that might be a good try.Try it by sugessting to any nearby restaurant & develop the app yourself.
Check whether customers like it then completely lean on that side if having capital for investment or go for part time.
Might be that ci Ulf be next global new start up success like zomato,umber,etc
Uber*
I feel like what he is really telling us is... creating a business is an art not some algebra problem that you can just "solve". This stuff takes incredible intuition and passion.
Great summary
In other words, Luck (timing and resource)
It takes time too
and takes a lot of effort too
Intuition. I hate that word, is the word that winners that don't know why they win, find as an excuse to not trying to understand their success, allocating all to some "personal" mojo , people only talk about intuition when their dumb witted subjective perceptions turned out to be right. Everything he mentioned, can be quantifiable to a certain extent, it can be part of data driven strategy.
I think something often overlooked is team cohesion and ability to stay on the same page for years while pivoting, improvising, evolving and executing. Obviously everybody needs to be paid well, but beyond that there needs to be something else to help keep and grow the right mix of top-notch professionals in startup. That being said, great analysis!
1 timing 42%
2 team /execution 32%
3 idea truth outlier
4 business model
5 funding
Mohammed Shadab thanks! Save me for 6mins.
👍
and 100% reason to remember the game
Thanks,,,
Timing - 42%
Team Execution - 32%
Idea
Business model
Funding
I love the way this was explained. I knew timing has a lot to do with success, but perhaps not to the extent it actually does. This is why it's so important to keep your eyes and ears to the ground and really listen to what people are saying.
Bill, you’re a legend and an incredible teacher / mentor from afar. Appreciate you giving back so openly. Been a fan since the late 90’s.
I Started a MIllion Dollar Start-Up 59concepts.com similar to atlassian.com. Help me to save my life. I have depth. Due to COVID resources are closed. Lenders are physically and mentally Torturing me. I don’t want to die. Help me or Give me suggestions.
gogetfunding.com/help-me-to-save-my-life-i-have-depth-due-to-covid-resources-are-closed-lenders-are-physically-and-mentally-torturing-me-i-dont-want-to-die/
If you are from India click this link.
milaap.org/fundraisers/support-bandaru-venkatesh
I always appreciate the clapping at the beginning of Ted Talks. Makes me feel good about my selection and think, “this is gonna be good...”
Probably the most wholesome and thought-provoking content I have come across all week. Thoroughly enjoyed this video.
Make your own timing. Airbnb was not some resounding success over night. They launched and failed 3 or 4 times before getting their "perfect" timing. They still made it happen anyway, they didn't give up like all these failed companies he is pointing out.
Exactly, he over simplifies the path of these "successful" companies in a dangerous way that turns out to be misleading.
@Hospital Administrator WELL stated. I think the OP and other reply do not consider the fact that timing is still involved and the number one factor in any venture or occurrence even in life as a whole. Even in the world of martial art(Maybe not directly related haha) its believe that speed (displacement per time) determines the outcome
and then they trip hard again
due to the coronavirus
I have an idea :
it's a new type of restaurant : eating-spots,
in an eating-spot, food keeps changing, chefs also rotate,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the customers via an app
Definetely Agree with you but, based on his research and his conclusion you can tell that sometimes ideas are ahead of their time and, it takes a visionary founder to persist and wait.
I absolutely love how this is about how startups succeed and not about how startups fail
Sometimes it is more beneficial to know how startups fail
we could all put in at least a couple major reasons why that happens
cuz failing is a result of the exact opposite actions due to wrong focus in these factors
More examples would have been good but there's 5:19
Even though the concepts are nothing new (supply and demand), and his weighting system was subjective, he had the power of history on his side so his assessments are not necessarily "biased." Timing is definitely an important factor, along with other things like persistence and resources (not just funding resources but also being connected to the right people).
Hands down the most informative ted talk ever . Great content. I would love to hear more from this speaker
The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only on occasionally.
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Yes I'm a living testimony of mrs jane rucker rutledg
Loved this :) my instructor linked this vid, and I'm so glad he did! Straight to the point and very informative
Thank you so much Bill Gross for sharing this wonderful data about about the success points for a powerful startup. Timing is everything! Blessings and gratitude! ✨🙏
so amazing. I watched this talk several years ago, and learned so much. I just watched it again, and learned even more . Thank you Bill Gross :)
Wow I actually expected team and execution to come in #1. Timing, based on this data driven aspect, makes sense to me. His examples are awesome via AirBnB and Uber, being in yes a recession but providing supplemental income sources for regular people. I did not know about prior efforts to create a RUclips model but glad these were mentioned. A great video, thank you sir!!!
Don't forget about the invention of the iPhone too.
Timing has always been the biggest factor ever. Amazon was garbage at first because it was years ahead of its time. Failure to innovate (keep up with the timing) is the same thing, hence Blockbuster going out of business as stuff went digital. They had the funds and everything needed but didn’t keep up. There’s millions of examples of why timing is everything regardless how good the idea is, depends on the masses willingness to take it.
I can relate to you Bill, i really believe that timing is very important cz there is huge competition, ideas are born in every corner of the world but executing on time is all that matters
Bill Gross's insightful analysis of start-up success factors has inspired me to prioritize rapid experimentation and iteration in my own business ventures. Thanks for sharing this invaluable wisdom!
I think the key here is that you can fix idea, funding, business model and team. You can pivot, get more funding or change the team, any time.
However, you can't fix time, when the right time is gone, it is gone, and if you are too early that means there is no business (no sales) and, since nobody knows the future, it will be difficult to get funding.
Great video. Extremely valuable content.
Timing is definitely the most important factor. Many startups can improve our world with each unique idea they have to offer and those 5 key factors really help measure how successful they can become.
What an eye opener. I'm so glad I started my year watching this.
When I first watched this 2 years ago I didn't fully comprehend until I thought about it deeply and it has really changed my way of thinking.
this video really inspired me and next year i've got something i want to start coming,the most important thing i learned from mr bill gross is that timing is important,are the consumers ready for what you have to offer,if yes then launch,i wanna end it with a quote that i picked up and put together said by mr gross here and it goes like so ''because if you have something you love,you want to push it forward''.
Before watching this video, I want to say timing is the most important factor to EVERYTHING.
So happy to bump into this. It renewed my inspiration!
It’s the first time I felt like someone just changed my perspective of seeing something 🧐👏🏾👏🏾
This video is significantly important and a must watch for everyone considering startup. Each factor he mentioned has its significant important after thinking through it. I always thought idea will be a high important among all when considering startup, since without idea one cannot even dare think of startup. I guess idea will mean nothing if not executed right. Indeed, timing is the most important because it will help you determine when the market or technology changes, and the right time to acquire the most customers with specific prices. For team, you can not realize your vision without the team. Hiring the right team is extremely important for any startup, because it is the team that plays a key role in understanding and executing the vision. Then follow with idea, business model and funding which I strongly agree with.
P
This makes a lot of sense. Timing effectively means that the public would be willing to use your product right now. If they aren't (bad timing) than you will fail.
A positive reason behind any startup's success is getting their team a consensus on a common vision.
For most, Startup = Risk and for rest, Startup = Opportunity
One of the most important reason why most startups don't win is because the pain of loosing time & money is far greater than the joy of being successful.
Lol I think I'm more afraid of not trying to be a start up
Yes rightly said , this is the only factor that plays into this role , there are many startups like BlockGrain is following this rule ..
I agree. I was so excited when I created the internet course for primary school student Until I found I can't get enough money to keep running, I just give up. For now, I think"what if I just keep on?", Some people agree with my idea, what if I just keep on until my client tell me it's good or not, that's probably gonna be difference.
I have an idea :
it's a new type of restaurant : eating-spots,
in an eating-spot, food keeps changing, chefs also rotate,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the customers via an app
I Started a MIllion Dollar Start-Up 59concepts.com similar to atlassian.com. Help me to save my life. I have depth. Due to COVID resources are closed. Lenders are physically and mentally Torturing me. I don’t want to die. Help me or Give me suggestions.
If you are from India click this link.
milaap.org/fundraisers/support-bandaru-venkatesh
If you are from another country check the link.
gogetfunding.com/help-me-to-save-my-life-i-have-depth-due-to-covid-resources-are-closed-lenders-are-physically-and-mentally-torturing-me-i-dont-want-to-die/
Being a business banker it was easy for me to start a business and I am successful running my IT HARDWARE business such as computer and printer.
But I encounter a problem when it came for expansion and opening new branch of my company....
I was confused about priorities to time,fund or idea...
This person "Bill" has solved my problem...
Thanks Mr.Bill for sharing such valuable know without any charge...
Other motivational video simply talk about confidence and positive attitude but this this guy talk about facts on basis of data analysis...
Salute u buddy
I've been trading stocks a while now before trading crypto coins. Even though bitcoin is volatile, its price movement is influenced by the same conditions as tradFi(Supply and Demand), With this you can time mrkt pivot signals with the right tools, "rinse and repeat". Recent capitulations are perfect for a relieve rally. Considering all this, you need to have a go to strategy when trading, because when you buybitcoin, you're buying days you won't have to work. Prior to meeting Callum Lucas, I've suffered a series of trading losses. His AlgoSignal strategies have been extremely profitable for my crypto trading as I've watched my portfolio grow by six figures under his guide
Impatience and over leverage has rekted many in this mrkt {Don't get me wrong about leverage; I believe its a powerful tool but without proper risk mgmt. you get to blowup your portfolio} ; at this time the markets are highly volatile and will inevitably rise and fall in value. Let's simply be patient and trade while we're at it., get you a trader who set asset allocation that fits your tolerance and risk capacity.
There was this podcast I was listening to and it said something venturing within your tolerance and risk capacity, see you mention it again got to me. It's the best way to start till you're grounded to take thing on your own.
.
I'm new to crypto and I must say the entire Bear trend took me by surprise leading to a -70% loss of portfolio value. Was hoping I might get a breakeven earlier but took some losses more. Will see how this works out.
Bear markets induce panic, which shortens most investors time horizons. They stop worrying about the value of their portfolio in five years and start thinking about the next thirty minutes.. Being a long-term investor gets more promising during a bear market as it's meant to be the best time to get in.. Will definitely reach out explaining how my trades has been so far.
I do agree that timing should be #1 on the list. Through personal experience I was going to launch a business in the Medical industry but hold back my launch for 7mths because I knew the government was making changes to the Medical bulk billing. If I hadn't follow my intuistion I would have lost everything. I have re-model my business idea and now hoping to launch in the next couple of months. Fingers crossed my timing will be better 2nd time round. God Bless you all.
@ReyIsMe I did a soft launch in 2019 to test the water and then c19 hit. I end up shifting my team to my husband's start ups and pivot from there. We turnover over 1mil+ in the first 12mths and still growing (no VC fundings). It was not a good timing for medical platform but an excellent timing for my husband's spatial platform to pivot.
Start-ups are more fruitful and successful when the timing, team and execution are the focus. I entirely agree with Bill Gross, the most important key factor in a start-up company is time. Companies fail because they don't prioritize time and have a motivated team, instead they believe that funding, business model, or the idea is the most important. However,
business model, funding and the idea of your start-up is still crucial, since the beginning of a new business includes all 5 key factors.
Amazing and straight to the point. I am at a stage i am confident enough to pitch my Startup idea and this video is perfect timing to motivate me further
This is an eye opener.
Never thought that the timing was so crucial in the Business Success!
Thanks for sharing your entrepreneurship stories! As a fellow entrepreneur, this talk really resonated.
Bill Gross' TED Talk on the essential criteria of startup success was both entertaining and informative. It's fascinating to see how one component can make such a big impact in a company's performance, and his data-driven approach teaches entrepreneurs a lot.
Really good video! I learned something new. Things like the selfie stick were invented in the wrong time, but had great potential; crazy how changes in time can have such an impact on success.
Great talk, straight to the point, valuable information. Thank you!
Bill Grods makes some good points. His talk was very energatic. He aslo mentioned that time is one of the most important thing. On of the question the start-up should ask himself :" If people ready for it?" As for me , it is a very important question. If the don't ask it the may have the same situation as was with RUclips. It means that several years ago RUclips was unnesesary, but not now. Tanks to Bill Gross a lot of people can think about it!!
Thanks for commenting on this video! I am absolutely agree with you!
Now this is one of my top talks because it’s the key that I have been looking for!
This is a great video- I show this to all my business students. Bill Gross doesn't waste a second of this talk! Thank you very much :-)
Before I watched the video, I was unaware of the importance of timing. But now I have a clear idea of how specific timing can affect your idea or business whether in bad or good way
1; Idea - 28%
2; Team - 32%
3; Business model - 24%
4; Funding -14%
5; Timing - 42%
Business Leader , most critical
Great speech 👏🏻, thank you for the sharing
This guy really knows his stuff. This is the first TED talk I enjoyed and learned something. It was straight to the point, crisp and concise. BTW his jacket was awfully long.
Watching this and I can't agree more ...
He said a lot about understanding the market when discussing Timing.
0. Luck - 100%
1. Timing - 42%
2. Team / Execution - 32%
3. Idea «Truth» Outlier
- 28%
4. Business model
- 24%
5. Funding - 14%
Lol false.
Admiro de mais pessoas inteligentes, de sucesso, visionários como vc, parabéns e muito obrigado por nos passar tanto conhecimento !
Best thing about this talk is... short and crisp to point.
Thank you for your great analysis and testimony.
Excellent! A lot of knowledge clearly communicated in a very short time, told with modesty, skill and humor.
Maybe timing is the most important thing, but he did not elaborate much on his case. Most of the presentation is repetition. e-web.top
Missed a lot of information
I have an idea :
it's a new type of restaurant : eating-spots,
in an eating-spot, food keeps changing, chefs also rotate,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the customers via an app
@@Zo-hc2fn Well I guess you will haver to hold onto your restaurant idea until after the pandemic. It does sound interesting.
Today Think school channel suggested this Ted talk for reference and it's worth it for watching this Ted talk 🔥🔥🔥
I am not an entrepreneur and never done the research on the success element of a startup though I always intuitively believe that doing a thing at the right time is super important. My belief just matches his research.
This is one of the best speeches on the channel. Continue in the same spirit!
Resilient... highly contagious. Once an idea has taken hold of the brain it's almost impossible to eradicate. An idea that is fully formed - fully understood - that sticks; right in there somewhere.
You make some interesting points. I was really surprised to discover that idea is not an essential element that lead to success! Timing is very important in every sphere of life. I totally agree that business needs to be launched at the moment when the consumer is ready to buy this product. Thanks for such video.
Анастасия Попова I totally agree with you! As you say, timing is really important! That’s a very useful topic!🤘🏽
It is super critical to have the timing just right. I wish this video went into more details about how to judge the timing.
Ok, I really believe that I am being watched from now on......because I was having a cup of tea on my work desk and was thinking about two startup ideas and never on searched anything related on the web, things like how to do it or anything else, and then boom youtube algorithm suggests this video which I am really grateful for now because I learned a lot.
Great video. But let me talk about something important, I see many young and old make mistakes that I think should not be. I believe that everyone, young or old, should have an investment plan that increases their financial returns from three figures to six figures. The investment can be your retirement plan or future plan, depending on what you want, but what matters most is that you have an investment that is profitable.
@Debra James When you fail to invest while you are still active at work, you will end up regretting in the future
@Elizabeth Manny I suggest you be patient for now about crypto. It’s going crazy rn but crypto is something that will turn profitable long term
Watch out! The "expert" above is a scammer and the replies are generated entirely by bots. Report them and do not contact.
well most of startups are not profitable. even the big mega ones so 😊
Motivating enough. Love the Tyson's quote btw.
The great thing this speaker pointed out is the timing. it's another word for NEED. A business that does not objectively was established to solve or fulfil a market need that has not been fulfilled or is not properly cultivated, then it's a sign of its later demise.
Timing also implicitly includes how unique is your product(s) or service(s) and whether it can be executed faster than others in much cost-effective manner without affecting the quality.
RE: TIMING > "I have seen something else under the sun: The race is not to the swift
or the battle to the strong, nor does food come to the wise or wealth to
the brilliant or favor to the learned; but TIME and CHANCE happen to
them all" - King Solomon
While I agree to his point, nobody knows when is the best time. The 6th aspect that is missing here is the Entrepreneur's PASSION. Passion leads to perseverance and that is what is needed to hold on for longer time. Else, even if you time it well, you could lose if there is no team, funding or business model. We have had many companies who came into limelight, but disappeared overnight. That's the reason why super successful startup CEOs give credit to luck (which is nothing but being there at the right time).
Short but surprisingly eye-opening, great Tedtalk!
Came here expecting to hear some nonsense about "passion is very important" and "you won't succeed if you don't like what you do". But this guy's delivery and message was pretty much straight to his point, without any BS.
Cheers
“The good warrior’s staging of an attack is like the bending of the crossbow full of momentum and potential.” - The Art of War
The key to all your stats is team and execution, resulting in timing, better attraction of funding, better choice of the right business model, etc. thanks for the stats. Like all stats the interpretation, is what gives meaning to the numbers
Did you not watch the video? Timing is they key. You can have the best team and executing ever but if the timing it wrong then you likely won't succeed. If you're too early, you just need to persists, if possible. But if you're too late then there's little chance. However a good team will know how to pivot when necessary.
timing is very important, once i planned to go on a hike, and the day of the hike i felt so lazy, i postponed it. few days later an expert hiker told me that area had landmines (ground explosives) ... so trusting my feeling saved my life. those are 2 lessons in 1 hehe, and in business i do the same, when i don't feel good about something i don't do it
Couldn't agree more .. i exprienced it my self . Thank You.
This is a great informative video.
He's completely right, timing is the biggest factor when starting up a business.
This was a breath of fresh air for me.
THANK YOU FOR THAT INFO.
Timing is everything spot-on advice.
Great to keep in mind as I develop my start up right now to time out perfectly with the end of the pandemic
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Yeah! I agree with you sir.
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
That's very correct sir!!
And that is why most of them end up losing they money to scammers.
Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Patricia Vesely.
She's a licensed broker here in the states
Thanks to Patricia V Vesely.
Agree totally. What he says is what my experiences have been with clients and my own company. Pay attention to this and you will do well.
wonderful. Patience is my challenge. Thanks for helping
That's great question! Thanks for posting it . As you say, timing and interest of customers is really important for future entrepreneurs . I think your research can help everyone who wants to set up their own business. So your project is really inspired me. I suppose, i will use this advice in my future career .
Are you going to have your own business?
@@user-hs8kz3lj2t , I think no, but i work in team every day and let a lot of information. That's way, this advice were really useful for me!)
Thanks for commenting! I read your comment with interest! I agree with you that the speaker made some good points. I think I will be useful for many people!
I have an idea :
it's a new type of restaurant : eating-spots,
in an eating-spot, food keeps changing, chefs also rotate,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the customers via an app
That is a very inportant topic, because noweday a lot of people try to create their own compony. I am sure that not everyone can correctly plan the business. But this video is very useful for such people. If we are talking about the information, that was given in the video, I really agree with the speaker! I believe, that time is the most important resource not only in creating the compony, but also in all things that we are doing.
I read your comment with interest. As you say, the time is the most important resourse. I agree with that. Because time our all. Especially if you live in a big city. Good idea!
7 minutes of pure gold!!
Short talk, full content, useful, understand, you are god of speakers
Who else read on the end of the title: “Bill Gates”?
yeah exactly!
Bill Gates was taken.
I Started a MIllion Dollar Start-Up similar to atlassian.com. Help me to save my life. I have depth. Due to COVID resources are closed. Lenders are physically and mentally Torturing me. I don’t want to die. Help me or Give me suggestions.
If you are from India click this link.
milaap.org/fundraisers/support-bandaru-venkatesh
If you are from another country check the link.
gogetfunding.com/help-me-to-save-my-life-i-have-depth-due-to-covid-resources-are-closed-lenders-are-physically-and-mentally-torturing-me-i-dont-want-to-die/
Yes Yes Exactly😂😂😂😂😂
@@shivendhania2559 That's the reason I clicked on it but it turned out to be good lol
6:24 "make the world a better place" *gavin belson vibes*
he has filtered the things you need to focus first in building a business. this is great. thanks
I like this! I start by getting some general knowledge like from this talk, then watch some other videos with other generalized content. After that the algorithm recommends me videos that are about this topic, then I search for more detailed information more and more and finally, I got to do it. Hopefully it’ll work this time, too! :)
great ted talk, so how do we figure out timing for something? what are some good resources to look into where the market is at in demand?
P MF timing does not always mean demand.
Timing means the atmosphere, and economic conditions are conducive for your business idea to prosper.
For example RUclips became a big hit when internet broadband penetration became sufficient and codecs for videos on browsers were fixed.
Timing also means the people are ready for it and that there are issues that need to be solved.
Remember Google Glasses, great idea but wrong timing in an era where privacy is a hot topic.
Demand is one aspect of timing. Bear that in mind
I am currently 15 years old working on a startup that hopefully goes well - Daniel Urmanov Wessling 2019
Daniel Wessling Goodluck bro
What's your startup related to?
I'm looking for a team for a start up. I've seen two of my ideas brought to life in the past year. Reply if you're interested.
@@OmariMaldini Yes I am interested
#AJ ajirgandepuun@gmail.com Send me a mail, let’s start from there.
Startup always struggle in the early stage but with a great strategies and dedication they make it in the final as we have learnt from many startups here in Canada
perfect, thanks so mutch for this explanation
Don't you think right timing actually means well thought idea right? You can not have a bad idea executed well because of timing. I think that timing and idea are in separable. An idea is good because it is timely. It is a great timing because it is a well thought out idea. I question the whole premise of this talk...
I think most startups in the tech-world weren't started with great ideas tho,Like facebook started as a photo competition facemash or smthng, youtube started weirdly, Steve Wozniack just wanted to impress friends, Walt Disney was fired a lot and wanted his own thing,...the list goes on. I think the idea is something that can be improved with time but the reason we loved "3310" and "iphone 1" is because we needed something different at that exact time no one else could provide. Even samsung started selling rice.
This talk focus on unmeasurable parameters but the logic is well filled since everyone know the only guy in the world who started his business with a small loan of a $million is Donald J Trump. The remaining started from garages to explain the initial funding value
WOw greatly explained
Great point, but there are some cases where it is not so true. For example, in China there is an increasing problem with traffic, where you can get stuck in traffic for literally hours. So, there are people that their job is to take care of the car while the customer gives the key to the driver and go to wherever he wants while the driver takes care of his car. Would you say that this business idea would be a good or bad decades ago? Probably not so good, because you would not have customers. I think that "timing" also implies that problems and peoples necessities change over time and an idea can be defined as good or bad depending on those problems.
Idea can be totally different from timings in a way that idea was framed long time back but the environment is made up at present to launch it....there can be possibilities that either people form ideas at right time or according to the time
TheSwoleBroscientist how do you say an idea is great if it has a wrong timing?