The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off passive income since July 6, 2016. You’ve got to start taking steps to achieve your goal.
Starting early is the best way of getting ahead to build wealth. Most times, it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to focus.
@Dulce de Leche I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks.
@Queen OF Love That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
Wow I can't believe you guys are discussing about *Gary Mason Brooks* , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@@roklin1 This is the Fourth time I'm seeing someone talking about Mr Gary as there are lot of testimonies about him, do you know him ? if yes , did you invest with him ?
@@bjoe631 Yes i do, I've known him for couple of years, I'm still using his services, His management team is quite impressive so far.... with my $15,000 deposit, I made over $288,000 profit with just 10% charge.
I am also not from Bangladesh, but I do agree. I also think it's kind of ironic how people in my part of the world are starting to de-value schooling, while classes like these are only available for free because some people are willing to pay for it. Like Twitch, for example. Some people pay for Twitch subs, and in turn thousands of other people get to enjoy it for free.
I'm an hour into this and only realized now that the video is about a decade old. Yet this information is 100% still relevant in this fast moving world.
3:02 Is your idea a Feature, a Product or a Company? 9:19 (Gregg Favalora) Experience with "failure" /complex product -16:58 Tips shortlist (map the entire money flow for customers) 25:53 Product/Company gap 34:22 What value does the Product offer? 43:44 Product Market Fit -49:15 How to find customers w/ similar pains (just get out there) 58:15 Roadmapping Vision -> Execution 1:01:42 Build to Attract customers (SLIPPERY products) 1:30:17 (J. McEleney) Experience with companies
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
You see in trading cryptocurrency, one requires more than just a primary knowledge of crypto. It is best to trade with an expert to avoid unnecessary losses. It's advisable to have a professional trader/broker who is an expert in the field to help you manage your account.
I'm into Real Estate, but I took the decision to invest in the Crypto market and I have been getting good returns on my investments. The market is also an effective way to grow wealth.
I'm from Bangladesh and studying to be an entrepreneur and I think the internet and videos like these are truly phenomenal. Lots and lots and people should see this. This video is so underrated.
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I bet some harcard kids take lectures like this for granted. Meanwhile, there are people in other countries that are so happy they even get to experience this. Im glad I live in a time where this knowlege is accessible online.
Absolutely! You're spot on! I'm in South Africa, and I can't tell you how valuable this channel, these lectures are. I literally sit and take notes like I'm in class.
It is so refreshing to hear that even these guys, who are obviously highly intelligent, have also been involved in failed ventures. Invaluable information they have shared.
It's just amazing to me that we can get a Harvard education right here on RU-vid. This channel is great thanks to everyone that contributes you definitely got a new sub here ;)
I have been a SolidWorks user for 15 years at two different engineering companies and a university robotics lab. In fact I single handedly switched the robotics lab over to SolidWorks from Autocad Inventor. Despite my love for SolidWorks it's cost has prohibited me from using it at home for my own product research and development projects. I have used several free 3D modeling programs over the years and currently use Fusion 360. If I were to start a company of my own tomorrow, I would most likely continue to use Fusion 360 due to its high ROI. I actually told a SolidWorks trainer that by not having a version that was accessible to hobbyists and start-ups Solidworks was cementing them into cheaper alternatives like Fusion 360. He laughed. SolidWorks now offers a special $99.00 license for hobbyists. Have they finally realized their mistake?
All new tech will be replaced by newer tech eventually. Big companies and industries forget this once they are king of the hill. I don't care how good you are at building sandcastles, that rising tide will knock it down.
Update. I am now moving away from Fusion 360 and towards Free CAD. My number one objection to FUSION is that it is browser based. Free CAD is not. Windows is pushing everyone into the cloud, which is pushing more people towards Linux. I see a future me designing products with Free CAD on desktop or laptop running Linux.
Wow, Minimal Viable Segment is such a powerful concept. Starting at 45:06- 49:00. What I’m taking away is the test to see if a MVP is a success is by using a repeatable process of acquiring customers, and serving the customers, and the customers get the same kinds of benefits from using it. Hmm, I can’t fully capture the juice yet, may come back to this and try it again.
I am watching this video after 8 and a half year of it's creation and I can say that this is the most valuable startup business advices or "secrets" I have ever gone through. Thanks a lot for sharing such an informative video.
1503 model is the best thing, I could learn Today. Try to capture small to medium customer at the fastest possible time by focusing on least friction market segment, then grow.
Its mind blowing how this is available for free.. it is a huge thing for me as I do not have any background in business school. Lots of tips to apply in my own business
That is one of the best videos that I have ever seen when it comes to startups... it literally congregates everything which I have learned throughout 2 and a half years, learning things step by step alone. Thank you for this incredible free material Harvard!
8 years later, so cool some of the references and speculations of the future and also great nuggets of info. Not sure if Crowd Sourcing is as popular as it was then in June 2013.
I think there is lots of things to do with the accessibility, imagine how many unit will be sold for the display, in comparison to a mobile phone. I have been give a critical thinking about it, and deeply appreciated he mention 'the market'!
Look at twitter, they took SMS's and put them online. We don't know if it is going to be a big company yet - had to scroll and see when this was posted. I wonder how many of those people in that room went on to do something
I liked the way Michael Skok conducts the session. I appreciate the idea of learning from a failure. I found the last part by ex CEO of Solid Works full of great insight. Overall, very productive two hours spent for someone like me who is focussed on IT products, albeit for another industry segment.
I'm hooked on every word. I had the pleasure of reading something similar, and I was completely hooked. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
From MetalForTheMasses 5 months ago 3:02 Is your idea a Feature, a Product or a Company? 9:19 (Gregg Favalora) Experience with "failure" /complex product -16:58 Tips shortlist (map the entire money flow for customers) 25:53 Product/Company gap 34:22 What value does the Product offer? 43:44 Product Market Fit -49:15 How to find customers w/ similar pains (just get out there) 58:15 Roadmapping Vision -> Execution 1:01:42 Build to Attract customers (SLIPPERY products) 1:30:17 (J. McEleney) Experience with companies
The problem seems to be that this is about starting up Tech based firms....People tend to forget there are people with Tangible Products that need upstart help. And it seems to me that it's a different world. Which is disappointing. Tech companies are typically a pump and dump scenario for entrepreneurs. But it sort of makes sense if you don't want to deal with unions, Govt intervention, and red tape.
+Rob M If you're manufacturing it's pretty straight forwards. You shouldn't need to deal with union, Govt intervention is just getting permits and abiding by common laws, and red tape shouldn't really exist beyond insurance and patents.
Really interesting presentation, from someone that seems like they should look vastly older than they are, based on the amount of stress over the decade.
Well, BIB Cryptocurrency Exchange is hitting a new milestone. They will be having their Initial Exchange Offering their own exchange platform and will be selling 1Billion tokens (200,000USD value) Don't miss it 😄
some notes: feature, product, or company "where to sell 3d tech" that is actually easy but just wasn't done. SLIPPERY segment consumer segments, consumer markets, instead of products.
Good talk. I would just extract both Feature and Product, and put them under the Solution umbrella respectively. There should be no feature or product without some form of customer, even if it that person is in house. So Solution --> Market --> Company.
From MVP to MVS. The Minimum Viable Segment is very practise, shoe leather, pad lock the door, getout and get customers.😅 00:52:17 If done right you have the Minimum Repeatable Product (Repeatable, Referenceable).
What a brilliant video from HIL. Thanks, Greg for sharing your experience. btw, could not help but notice @ 56:39 a lady munching lays :D while such invaluable knowledge was being shared.
Can anyone suggest similiar lectures on developing a successfull company? At the moment I have very good products, and I am trying to figure out how to develop a selling and marketing strategy.
@@hebercardenas7909 Hi, I sell premium skincare products, which my company has developed. We started this year and currently, we have an anti-age line of 4 products-day and night cream, serum, and eye cream.
He should think it would be a good when drawing and displaying ideas when building machinery or anything with moving components. Watching how things work simplifies and gives ideas on how it will work and how it will work for others.
Loved the idea of 'slippery products'. It's a cool way to say we need to make things super user-friendly. As someone into UX, this really resonates. It's all about smoothing out the user's journey, making everything click with minimal fuss. Not easy to do, but super rewarding challenge
