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How to find billion $ statup idea
by
Anish jain
https://youtu.be/Ve2hF4-Yx4c
You start with an idea that will pay your bills first. Then try pursuing a billion-dollar idea once you get enough income to support yourself and your family (maybe geoarbitrage would help).
Why?
Billion dollars idea seems like garbage at first, because they're too revolutionary. Timing is the key! Would you honestly invest in a idea like "rent your home to strangers", like Airbnb did?
You have probably something like 0.01% of success change under this context, so why keep chasing unicorns if you can't even PAY YOUR BILLS FIRST????
Anyway, that's my strategy.
If it's a totally revolutionary idea I'll pass (at least for now)
This comment was deleted 4 years ago
Nice!
I like your video and i agree!
N
Thanks for sharing! Great video, especially for beginners.
your welcome
This comment was deleted 4 years ago
His company worth 300 million dollars and he invested in many big companies. previously part of Y combinator so yeh his advice make sense. I would say the framework he gives in this video is really good
:)
I get it. Although I haven't watched this particular video, it's also safe to assume that sometimes, theoretical knowledge can be as valuable as practical knowledge.
the coach of the best tennis player in the world, doesn't necessarily need to be able to play tennis better than the #1 ranked in the world, but is able to make him/her better.
This comment was deleted 4 years ago
agreed. yet, given your analogy, there would be no coaches in this world.... everyone needs to start somewhere to actually be able to PROVE themselves.
:)
This comment was deleted 4 years ago