30 - Scott Klososky, how technology is changing the world and that strategies he used to grow and sell a business for $115m (PART 1)

On Today's show Scott Klososky shares what it takes to build and sell a technology start up for $115m. Scott also covers: The three critical elements to making any business a success: - Vision - Recruiting a capable and motivated team - Ability to financially support the new company, and raise capital. The #1 reason why companies fail. A unique alternative to book publishing that gets you access to a crowd of skilled resources The power of publishing a book to boost your credibility and more importantly to empower you to get clear on your ideas and thoughts. Why your motivation should be around the number of people you positively impact, not the amount of $s you make. In businesses, if you are not succeeding, don't blame the economy, take a look at your product of service and make sure it is really excellent, and unique. The importance of writing a formal business plan if you are to succeed in a start up environment. Especially, getting clear on What is the available market. How you are going to make money. What kind of team you need and How you are going to sell your solution How the 'Internet of things' and connected devices are going to radically change our future. How the changing technology means there will be a shortage of 200,000 data scientists in the USA in the coming years, meaning this could be an exciting skillset to build. How technology is moving to 'wearable' devices to 'Implantable' devices and how we can expect to use these, including 'hearables' and 'retinal projection'. Resources mentioned in the show Crowdscribd.com FPOV.com Books Please add all books by Scott Klososky from Amazon