The Two Keys to a Successful Startup - A Case Study for Entrepreneurs
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- เผยแพร่เมื่อ 13 ก.ย. 2024
- The Two Keys to a Successful Startup- Sequencing & Timing. Case Study #24 with WhatsApp as an example. Join the Biz Doc on Valuetainment. Subscribe for daily videos: bit.ly/2aPEwD4
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4 steps of time phases of business
1.planning(working part time on business)
2.boot strap(working 80 plus hourd on business)
3.venture eponential growth happens(maybe bring in some ivestors to help you grow more )
4sellingpaying yourself or working hard for next eplosion)
dont rush it
dont bring investors too early you will lose too much equity
Please stop the "Damn!" thing. Stay in your lane. It's not funny
Please do the finance class!
Providing Empowerment yeah do this that 10 to 30 million to 66.66 thing confused me
Providing Empowerment yea that could be a big thing. no one else is really doing that in an entertaining yet professional way
I agree :D
Isit out yet? The video.
nope
Thank you soooooo much!!!!! I am a lawyer in Jamaica who bought a property on the north coast region and has turned it into a villa. I have registered the business of the villa- Thrive Resorts International and I want it to grow into big business ! Thank you for the guide. I will now continue with the end in mind.
I read many pre/post money explanations and never understood it as clearly as you made it. You're a real talent, and criminally underrated.
Damn! I've been doing that without even knowing. So encouraging and a very timely video for me to show me the path forward from here. Thank you very much. Love it.
Yes please make a video on Financing for entrepreneurial deals.
Tom's Case Studies are freaking amazing, they help you so much to make connections to your own startup
Thank you for your valuable video. I was getting impatience with my planning stage (2yrs in the making and still ongoing.......for now). After watching this...i understand to be patience and DO NOT GIVE UP!!!! God Bless you brother.
i like your lectures , all the way from ghana , west africa
Victor Adatsi ,brother
my brother
Chaley wossop
Love these episodes! Tom is full of knowledge! Thanks for the videos Valuetainment team!
Mr. Ellsworth I gotta tell ya. You're constantly bringing new options to my attention. Thank You. Dang near everyday I point at least one person to Valuetainment and everytime a video comes out you prove why you deserve it. Valuetainment, the single best source for ACTIONABLE strategies every Entreprenuer needs to be aware of.
the reason is simple:
1- it was easy to use.
2- it was free (no adds too).
3- blackberry made mistakes.
Love this channel. I share it with all my team all the time. I also share it with clients I coach. Thanks!
Another lovely break down.
left me way better biz doc DOUBLE DAMN!!! thanks alot guys
it helps the understand so much in little Time Investment Thanks Tom
There is only one word to describe your videos Tom, DAMN!! Thank you and please do the finance video.
Can't wait for the Finance Class! I think I've watched and studied this video more than 10x already! hoho Thanks Professor Biz Doz!
Loved this video and I feel this came at the right time for the current stage I am at of planning and starting to bring a team together. I'm holding you up to these video promises, the current list being:
1) Financing a sports car (As promised in PBD's live video of the Lamborghini arrival). (Maybe more relevant in 3-5 years ;-) )
2) Lesson on financing (referenced in this video).
Thanks once again Tom!!
Thanks
Tom
This is what i did for my music career without even meaning to. I'm currently in bootstrap and I'm starting to see the momentum of my work moving at an exponential rate. Interesting how these things works haha.
Best entrepreneurs of all time
Valuetainment
Thanks Tom!! You really do the nice research and presentation. You truely leave us in better knowledge state. I am happy that valuetainment started the case study segment, lots more to learn now.. :)
Please do the finance class.. dedicated to how to raise funds and terminology involved.
that class yes asap
Awesome case study! Looking forward to the entrepreneur class one day!
I love those DAMN!!!
yes a class on finance thank you! much blessings
Love your videos man but you should get a podcast
Would love to see a video on finance Mr. Elsworth! Thanks for the great content you have been sharing with us.
There is one word for that ....DAMN. Thank you for the videos!
Can you please take a class on Entrepreneual Finance.....
please do the finance class and many other videos that gives us technical knowledge. thanks for the video.
Hey Valuetainment Team ,
I am from India .... I love your channel ...I love the content ....I love everything what u ppl are doing ..... u ppl have amazing passion .... so keep it up ... and thank u for everything u have done for me ....... the knowledge I've gained from you ppl is immense ^.^
I have a request .... can you ppl please do multiple videos on how a start up should run like from the starting of planning the product...... designing the product ...boot strapping to funding and getting a venture capitalist ....... because these starting stages of starting a company is really important and form the base of the company ..... and these are the stages are where most of the ppl tend to give up .... so I really feel if you walk us through these stages in detail ...... everybody will have a very clear idea about starting up a company .... and they will be very confident at every stage of their business .
soooooo Thanks again u ppl are changing lives ..... and I think if u ppl do these videos relating to start ups ... because there's alot of start up coming up nowadays...u ppl will inspire alot more ppl like me and change their lives too :D
-Tanish (one of the early subscriber)
THANKS ALOT ^.^
My company is going to be up there one day.
So many awesome informative videos doc! Going thru them all!
I am interested in hearing your take on the Steinhoff saga, more specifically how the CEO supposedly inflated the share value price with its increasing acquisitions. Their share price fell by more than 85%. They made a lot of acquisitions, including MattressFirm.
Yes Tom!! a video on the investing and investor side would be awesome!! how much of the company should be given away for the amount of investment. By by the way love these videos. Thank you.
damn helpful man. cheers
The entrepreneur class sound like an awesome idea.
+mynameismatt2010 Coming soon - thanks Tom
Very good lesson! Thank you again Tom :)
Amazing video . Please do one on robinhood app
you just spoke to my heart
I loved the double Damn! Find more study cases that achived a double damn
That's so COOL I wanted to ask if you could do a segment on whatsapp! ! THANK YOU! GREAT JOB !!!
Jan says in inteeviews he is a Tech Guy and didnt care much about sequoia.He met them 2times.Huffman the CEO of Reddit leaves Reddit as Techguy to and was surprised about the success and didnt understand why it happend he stated honestly.They had more luck and fortune then others.Whatsup and Reddit and even Twitter and Skype in 2017 are big brands but barely cant excists without thirdparty Money. Jam Koum from WhatsApp stated.The App didnt reach any impact until we added the Texting feature to it.We had nothing to loose so we integrated it and viola, users liked it and WhatsApp was saved. They even had a visible office and didnt want to give interviews and played hide and seek to focus just on the technicall side of the App.There where times Journalists are trying to find the Whatsapp Headquarter and didnt find it bc it was secretly hidden in a backyard somewhere.
Please do a video on the topic of finance
great study Tom as usual :)
I would like to suggest a new study, I know it might be harder than usual because it is not in the tech industry, but anyways, it is Gensler, a giant Architecture and interior design firm.
Love it. Could you do a financing video, covering valuation in more detail?
Thank you sir! I love you.
WE NEED MORE OF THIS
What does Series A - and B mean more in detail? .... Never heard of that before.
Points to remember: 1. patience 2. more brains (talk to people who know what they are doing) 3. the truth of your numbers (as opposed to just your believe in the product)
Timing on this for me is amazing. (LOVE YOUR SHIRT!)
Tom, I'm super interested in learning about the first phase (where I'm at). How do you evaluate the value of the seed money from F+F? How much of the company do you share without jeopardizing future stages? I've been struggling with this for a while and can't seen to get any cold hard direction.
thanks
Finance class !! cant wait for it!
At 10min and 43 seconds you said, they didn't give up their day job, which is incorrect. Actually, Jan Koum gave up his day job at Yahoo and that free time is what allowed him to find the idea behind WhatsApp.
After resigning, during his free time, he decided to travel around the world. And he found it very difficult to stay in touch and communicate with his friends while traveling. And it's the willing to fix this problem that led him to WhatsApp.
please do the financing class
Yes please on the finance class and please suggest some books as well.
applied corporate finance by aswath damodarn you can look at his youtube channel named 'aswath damodaran' he is called as dean of valuation
Please do the finance class 🙏
Great intel on this video.
Great case study once again. I was wondering if you could do a case study on a health start up/ company. An interesting one would be Theranos. I think there's some good lessons when it comes to product validation vs industry/media hype.
shared, Tom. Great stuff.
Love the content and love your work sir.
Kindly help us by making a video on financial detailing for startups as you mentioned in the video.
Would be really helpful, thanks in advance! :)
Hello Biz Doc.
Successes case studies are great! but failure case studies should be interesting too, we could learn what happened to other people. Also here is a book recomendation that maybe you have already read. How the mighty fall by Jim Collins.
Have a good day, and again. Loved the double damn!
Tom, this is awesome content!!!
GREAT content, love it!
Please do the entrepreneur finance/accounting tutorial!
DAMN!!! That was a great case study
This is great! I feel this is the path I've been unwittingly following already and am in the bootstrap phase moving towards the venture capital stage. First I want to hit some financial milestones under the bootstrap stage, so that I don't have to give up control at the venture capital stage.
+Sharif Sourour - exactly correct! I'm glad you're applying it to your own business. Even if times are tough and money is tight, the longer you wait only helps you in the future. Thanks, Tom
Thanks for the great advice! :D
like your style. you're sharp!
Great presentation...DAMN!!...BETTER CALL SAUL!!!...you sound like Saul Goodman
squaaaad. Friday delight - Thanks Tom
case study on Toyota please
I have a. Question.
I wanna start a business which I love but the product I love doesn't have a good market
Should I start
Plz reply it will really help
Vikrant Chaudhari if the market is jot there why would do business? If you dont make money your business dies
It's my passion
And when we do something from heart we get success
And it's a monopoly so no competition
Vikrant Chaudhari what product is it
the product is telescope, its parts and other astronomical stuff
Perhaps i will do the same tactics...
Damn!! I love these videos!
Pls do the case-study on Linkedin
Does the word "start up" only means Start up tech company or it can also be applied to other industries as well?
Thank you
+Public Post - we can mean any Canastota. And tech start ups are not special or better than any other stuff.
Always great Tom!
but how does whatsapp makes money? there are no ads
how does it generate revenue
How Whatsapp generate revenue..?
Siddharth Sharma it Was not about the revenue. Facebook bought whatsapp because the hade a huge audience
I know that. But, it has to generate some sort of revenue, maybe through ads or some add-ons. And when they start doing that and it interferes with user experience, people will switch to some other app quickly.
user information
David Muñoz Hmm maybe fb is picking data about us from whatsapp and improving its ad targeting. Like they know that we are talking about this new shoe with our buddy, and then you see an ad for that shoe on fb.
Siddharth Sharma don't you pay 1 dollar a year for whatsapp? that's a huge number if all of the users do pay. and 1 dollar is nothing for a year
Why isn't Telegram able to make an impact like WhatsApp, even after being much better at features, security and privacy? Is it the first-mover advantage that WhatsApp has in establishing its network?
The founders getting rejected from Facebook and other companies was the best thing to happen to them.
tired of hearing about "Tech Start Ups"...these young kids that watch these vids think the only way to start a biz is to have an app. Kids you can have a construction company, finance company, health care company etc...And make 100s of millions of dollars! You don't always have to re-invent the wheel...
ENTRPRNR so whats your point?
That is the hype nowadays. No one talks about business in construction, finance etc. because they're boring and mundane. But what they didn't know is that that is where most of the money is circulated. Boring industries all the way!!!
who talks about construction companies anymore...dude 3d printer will be able to build you a home in near future...
starting a construction businesses at 14
avedis keofteian
Look, I'm not that knowledgeable in this so I could be extremely mistaken.
Seems to me that by the time I originally posted this comment, it's still mostly the construction companies that are the ones that are adequately trusted and capable of making those 3d printed stuff for houses and buildings. They have engineers to do it and the machines to print it.
They also have the funds and means to do it faster than someone who only has one printer and maybe some of the know how to do so.
This doesn't mean those construction companies are obsolete. This probably just means that the barrier to entry and to compete might have shifted a little.
But that's just my take on it as somebody from the outside looking in. Again, I could be wrong.
Hi Tom, Can't wait to watch the video but I was hoping to ask you a quick question - from your experience with marketing, where would be a great start for a beginner without going the university route these days? I'm applying for digital marketing apprenticeships right now, I feel like the marketing skill set will be great if I eventually start my own business
+Combat Goose - Hi Goose! Great to see you again. I had not seen you in a couple weeks. If you cannot get a digital marketing apprenticeship, try to get a basic apprenticeship from a CEO. Tell them you will work for them for near free and do whatever is needed just to get experience being around them as they manage their business. I'm pulling for you - you are on the right track and thinking the right way. Thanks,
Appreciate the advice - I have still been keeping up with Valuetainment and rest assured I wouldn't miss a case study! I have had a busy month though, they come to all of us from time to time. I have a phone interview this tuesday, I have my fingers and toes crossed. Hope everything is great on your side!
that damn got me
Dauphin River First Nation Manitoba Canada 🇨🇦
Such exponential growth
What does "bootstrap" mean?
+Joe Tarapacz - Its a slang term for "use whatever money you can find on your own."
19B dollars. Damn!!! 🔥🔥🔥
Bbm would have kept the entire market, but they opened the system far too late.
Please do a case study on Kylie Jenner make up company, Kylie Cosmetics . She’s only 20 and soon to be a billionaire.
Waiting for Entrepreneur Finance class!!!
lol...always taking a well deserved shot at yahoo
Next time I hope.
Hey Tom
Thanks man... : )
why thumbs down.i don't understand.
+Freedom Tech.Just Fix it. We are carefully looking at that and it appears that there is a troll who likes to insult people and make snarky comments who has apparently recruited several friends and they come in together and throw about 10 thumbs down in a very short time window each week. I wish they would identify themselves and explain exactly why they have nothing better to do than troll. Or how I upset them. - Tom
Damm x2