EPISODE · Feb 18, 2024 · 25 MIN
How to Learn From Failures
from No Followers Podcast: for Inventors, Builders, Entrepreneurs · host No Followers
In this Episode: Taking chances you will have some swings and misses ** A team is the most important part of your business ** Most people starting out don't have a team ** Just go on Shark Tank ** My flagship product took 5 years to get to market ** No one will work on my idea as good as I will ** The perfect is the enemy of the good ** Knowing what you are good at ** A self-assessment and re-evaluation ** Being honest with yourself ** I love saying no to people ** Don't add too many people to your team ** We like to build companies on royalty models and sales ** What you need help with ** People always want to make a lawyer their partner ** Leap of faith ** Risk profile assessment ** No product design is 100% correct from the start ** What every inventor gets wrong ** I have a lot of failures ** Always looking for that magic ** Everyone's opinion is not valid or equal ** The market doesn't know what you're doing** We love advisory boards ** T recommends the book "Range" by David Epstein ** An academic is set up to be a specialist ** HR hires the person, not the skill set ** It's like having four different brains ** I'm a numbers guy ** Common mistakes everyone makes ** What's your real market ** Not everyone is your customer. Sponsor this Podcast and get your company in front of many highly engaged listeners Sponsor it here: https://chrisjonesmedia.com/no-followers-podcast
What this episode covers
In this Episode: Taking chances you will have some swings and misses ** A team is the most important part of your business ** Most people starting out don't have a team ** Just go on Shark Tank ** My flagship product took 5 years to get to market ** No one will work on my idea as good as I will ** The perfect is the enemy of the good ** Knowing what you are good at ** A self-assessment and re-evaluation ** Being honest with yourself ** I love saying no to people ** Don't add too many people to your team ** We like to build companies on royalty models and sales ** What you need help with ** People always want to make a lawyer their partner ** Leap of faith ** Risk profile assessment ** No product design is 100% correct from the start ** What every inventor gets wrong ** I have a lot of failures ** Always looking for that magic ** Everyone's opinion is not valid or equal ** The market doesn't know what you're doing** We love advisory boards ** T recommends the book "Range" by David Epstein ** An academic is set up to be a specialist ** HR hires the person, not the skill set ** It's like having four different brains ** I'm a numbers guy ** Common mistakes everyone makes ** What's your real market ** Not everyone is your customer. Sponsor this Podcast and get your company in front of many highly engaged listeners Sponsor it here: https://chrisjonesmedia.com/no-followers-podcast
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How to Learn From Failures
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