@@nathanieljosephgutierrez Sorry to hear that man. Even though it's probably cold comfort for you now, that experience could be what makes you succeed in your next project.
Okay you caught me, These videos are all I watch when I say I like books. Hihihi😂 I make notes tho. I love your videos brother. Really breaks things down for me.
Praising Elon for having good ideas was a pretty ignorant take, even in 2019. Would love to know these great ideas he had that weren't just him buying other people out.
0:00 Introduction 0:59 1. The Build-Measure-Learn Feedback Loop 3:27 2. Everything is a Grand Experiment 5:20 3. Different Types of MVPs (Minimum Value Product) 7:15 4. The 3 Engines of Growth 10:04 5. Pivot or Persevere? 12:25 Summary
Hello, The Swedish Investor. I really love your content, these takeaway cards are super useful! I always try to screenshot each card when you zoom out at the end. Could you please either give a complete zoomed out view after each takeaway card or link to a summary page? I'll be hugely grateful. Keep up the good work!!
A few quotes I extracted from "Zero to One" by Peter Thiel: Brilliant thinking is rare, but courage is in even shorter supply than genius. Vertical or intensive progress means doing new things - going from zero to one. There is no reason why technology should be limited to computers. Properly understood, any new and better way of doing things is technology. It is hard to develop new things in big organizations... Bureaucratic hierarchies move slowly and entrenched interests shy away from risk. Madness is rare in individuals - but in groups, parties and nations it is the rule. Nietzsche The first step to thinking clearly is to question what we think we know about the past. A bad plan is better than no plan. Every culture has a myth of decline from some golden age, and almost all peoples throughout history have been pessimists. Every great entrepreneur is first and foremost a designer. Long-term planning is often undervalued by our indefinite short-term world. Every great business is built around a secret that’s hidden from the outside. A great company is a conspiracy to change the world. Recruiting is a core competency for any company. It should never be outsourced. You need people who are not just skilled on paper but who will work together cohesively after they are hired. Even though sales is everywhere, most people underrate its importance… Poor sales rather than bad product is the most common cause of business failure… Everybody has a product to sell. Look around. If you don’t see any salespeople, you are the salesperson. As mature industries stagnate, information technology has advanced so rapidly that it has now become synonymous with “technology” itself. The computers are complements for the humans, not substitutes. Recruiting employees is part detective work and part sales. Winning is better than losing, but everybody loses when the war isn’t one worth fighting. It is hard to blame the people for dancing when the music is playing. 😊
I like your joke that you will bet your RIGHT arm, when you are actually LEFT handed 😝😂😛 Love your content and already subscribed! 😍 Blessings from Taiwan! 😁
Great video! I like the mix of investing and entrepreneurship stuff. Feels like there are many similarities between the two areas that could be worth learning more about. Heja Sverige!
Glad you liked it bro 😁 Yes, definitely many similarities, especially if you specialize in angel investments! I might make more of them in the future, enjoyed reading this one
I didn't really get the book, so in the middle of rereading it while browsing youtube for a podcast about the book and found your video which is awesome.
@The Loner Millionaire I honestly don't understand why people are saying that they didn't "get the book". lol What was it written poorly because if it had this information in it then I don't see what's not to get. Are they just dumb/lazy or something?
Have you ever thought of selling or providing a download of your final animation for printout? I think it would be great to keep in a file when I need to refresh my memory on the process.
Haven't read the book yet, and I don't understand much of what you said in the summary. I wish for a video with tons of examples... something a person could do tomorrow for example
I am looking forward to form a startup and came across The Lean Startup Summary. I did not want to read the entire book and started internet mining. This video explains so well and very helpful. Amazing job The Swedish Investor. Thanks for this video. I now will re-figure many things before I jump into the market.
Thank you for this excellent summary video. I'm interested in knowing what your point of view is about building an audience before learning/building/measuring? Tack!
Just added Hebrew to the subtitles of this video. I'm not done yet but I will complete this. This should be available to everybody in the world regardless of language. Good luck, everyone !
Applaud your presentations! I’ve been in food industry wish I could come up with interesting content within my area of expertise to demonstrate it with that secret sauce to do what you’re doing. Any ideas?
Summary: start you idea quickly through hypothesis, test it, measure its success, if it's validated, go ahead, your growth engine are sticky, viral, and paid, pivot your start up if the mvp
Thank you for this wonderful video 0:00 Introduction 0:59 1. The Build-Measure-Learn Feedback Loop 3:27 2. Everything is a Grand Experiment 5:20 3. Different Types of MVPs (Minimum Value Product) 7:15 4. The 3 Engines of Growth 10:04 5. Pivot or Persevere? 12:25 6. Summary
Thank you very much! I have a question. In the lean startup book, the author recommends to observe and not to ask. what do you think he meant by that? and how do you really do that?
Thank you very much for this summary. A picture is worth a thousand words. With the 5 steps that you have listed I understood the book quite well after reading it.
The Swedish Investor has both magnitude AND scale are you a millionaire yet? You should make a Patreon where you share your own portfolio and experiences!
Hahahaha 😂 "We think that owners of vacation homes don't use them full-time" ✔️ "We think that owner's of vacation homes are interesting in having someone helping them renting out their places" ✔️
your animation of very gender bias :/ the women not knowing, being too emotional and the guys are the ones taking action and creating. Recognise this and fix it for the future.
ideas are great i worked on a business idea and search to perfect it for 2 years.. i had the money but not enough to do it on my own so my friend said do you have any business idea we can start it cuz he had lot of businesses running. we discuss my idea and i explain him for a month so he can trust my homework and we can invest 50 50 on this venture. he liked my idea so much that he kicked me out go solo and making big money. now year and half im still waiting to start it but always problems come and my savings blow away ...
Figure out what to build (people want and value) and build as quickly as possible Everything that doesn't lead to validated learning is waste >> build MVP MVP, then do growth
Thank God I didn't buy the book. None will be an entrepreneur after reading this entrepreneurial rocket science. Eric should work in a multinational as a head of operation. He'll get promotion each quarter 🤣🤣 Thanks for a great summary n save my time.
Inspiration information learning resources reflecting cause I have a meeting Sunday night my home as I met a few couple friends and one ask might be interested to join her...thank you for sharing
Plausible summary of the book,it would've been more refined if you also included the metrics that startups use to determine growth.ie.Vanity vs Actionable
Yes that is possible, but it could be risky as it becomes much more difficult to analyze which factors that contributed to the following success or fail. If you implement big changes A, B & C at the same time and your company is worse off than before, you can't really say that A, B & C are bad ideas individually, just that they are a bad idea when combined.
