If you have aspirations to start your own business, watch the video as Ravikant discusses:
- The three traits you need to look for in a partner
- How important it is to be in Silicon Valley
- How to get a meeting with an investor
- Whether you should be public or private with your idea
Some excerpts that I love from the video:
3 Traits of a Successful Entrepreneur:
(i) Passionate (ii) Irrationally Optimistic (iii) Highly Committed
Best Advice Ever:
It’s the people, stupid
Find a great partner:
(i) High Intelligence (ii) High Energy (iii) High Integrity
Keep your ideas private or public?
Always public. That’s what separates the amateurs from the experienced.
Why most companies fail:
It all comes down to people problems. Interpersonal conflicts. Surprising, but ironic.
Show. Don’t tell. Be a doer, not a talker. (what have you built, how much have you accomplished with limited resources?)
Watch the video here.