Sep 10, 2020
in this Episode:
- “If you never ask the question, the answer will always be ‘no’,
and if you never knock on the door, it will never open.”
- If you’re looking for a venture capitalist or an investor, it’s
important to not only focus on the monetary side of what they can
offer you, but also the resources in their network that could add
to your business.
- Grace tells us the three things that investors look for in a
- If you’re a good entrepreneur, the idea doesn’t matter as much
as the team that will be executing that idea.
If you have an A-Level team and a B-Level idea, you have a better
chance of executing that idea well than if it was the other way
- Too often, entrepreneurs fall in love with a product or
service, without considering whether their service solves a problem
that is a real problem.
- People often want to help, but you also need to demonstrate why
they should be helping you.
- If you want to achieve a certain level of growth, you need to
learn from someone who has already done so.
- It’s difficult, if not impossible, to know what the world is
going to need in 10 years’ time. But what we’ll always need are
people providing value.
- You have to understand what you’re trying to do instead of just
creating a business for profit.
- Steve likes the idea of “Smarter Man”. Juliet does not. So, the
show’s name will not be changing.
- “An investment in knowledge always pays the best interest.” –
Our guest is Grace Gong, former Investment Manager,
and host of the Smart Venture Podcast. She’s helping investors and
businesses by sharing what she has learnt from some of the top
investors in Silicon Valley.
Adam Vitovsky / CC BY