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Drive To Keep On Working

What gets me out of bed? Trying to break the records of the previous day. This relates to the sports deal again. I am very into breaking records. When I was training for football, I would keep this little…

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Drive To Find A Need And Solve It

I mean for me its think about needs, a kid back in the day as Thomas Edison, why the light bulb and he said I find out what the world needs and then I proceed doing that. So when you are thinking about a type…

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Importance of Testing The Idea…

Again, I have been guilty of so many of these things in the past. I see it with so many of my entrepreneur-minded friends. We just were so optimistic about a lot of things. We do not live in the world of…

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Exit Strategy Plans

The exit plan would be potentially to sell it to a company like, for instance, AOL is increasingly interested in these crowd funding initiatives. They have been doing a little work with another crowd funding…

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Revenue Model For 33 Needs

Right, now it is pretty simple, it is just 5% of whatever is invested. That is what we get. We have experimented with others: charging a listing fee and a handful of others. Right now that seems to be the one…

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Power Of Video In Making a Connection

With one of the enterprises, More Than Me, the founder is a really dynamic, exciting young woman named Katie Meyler. I guarantee if there was some sort of split testing, her project, without the video, and her…

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Need For Non-Profits To Be Efficient

There are a lot of non-profits that are tremendously effective, but the more days go by, the more that I am passionate about the idea that business, more than any other institution, has the power to make…

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Biggest Risk In Life Is To Lose…

In terms of the uncertainty, listen, in life there's a little bit of risk, but I think the bigger risk, the bigger risk, is taking the path to a soul-sucking job. That's a bigger risk because ultimately you're…

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Being Alone For Too Long Was…

One of the mistakes that I think I made with 33Needs is it was, initially, just me for too long. I made the mistake of just being this lone entrepreneur thinking that I have all the answers to it and it is kind…

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Concerns About Business

I think what really keeps me awake is the realization that I need to live two different truths. I need to live the truth that is me. I need to live the truth that I am thriving and happy and successful when I…

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Personal Definition of Professional…

Success is, I think, getting to a point where we are funding 10,000-20,000 startups a year, so 10,000-20,000 companies that otherwise would not have started, 10,000-20,000 startups that would not have otherwise…

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Getting Feedback Early On Initial…

I am as guilty of this as anyone else. I think sometimes entrepreneurs, we live in this reality distortion field. It is great to be optimistic. It is great to be passionate and believe that you are going to…

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Competition For 33 Needs

We are, right now, the only crowd funding platform. This is very niche. We are the only crowd funding platform that focuses specifically on good for the world businesses. There are other crowd funding…

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Importance of Validating The Idea As…

I just read a story about Groupon. Groupon is the fastest growing company of all time. It is incredible how much money they are taking in. They are about to issue an IPO. They are about to go public. …

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Thoughts on Those Who Work For…

To this day, when I talk to my friends about it, my friends who care, they are sort of tempted by this idea of business, but, to them, business has all these other terms associated with it, like capitalist pigs…

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Thoughts on Attending Law School

Even from the opening moments of law school, I was always trying to...and I have always been interested in...there is a way of thinking called systems thinking. It is basically you have all these things that…

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Constraints Help Discover Paths And…

We definitely thought about particularly more of an Angel investors I had very informal conversation to the few Angel investors about it and I just haven't seen the case to do it. We talk about how it bit cost…

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Importance of Not Being Either a…

Let me leave you with two things, two big mistakes that I think you can make. The first is this: not getting that this is not a story about being a martyr. This is a story about you personally thriving. The…

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Value Proposition For Investors

There is something about certain businesses that are trying to do good for the world that strike an emotional chord with people. One example is a company that we work with called Half United. They are based in…

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Social Venture Startups Need To Really…

One thing that might be slightly different in any start-up enterprise it is really important to listen to your customers or potential customers and have a sense of empathy, not just listening, but actually…

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Advantages of Launching Before…

At first we didn't have any platform whatsoever. I just had all these hundreds of emails which I still label as applications, basically saying this is my idea. This is how I am going to use business to do…

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Notion Of Social Venture

In the last six months, before six months, that term did not bother me so much. Lately, I have been kind of bothered by it. I think I am bothered by it because I think young people, when they think about…

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Similarities In Competitive Sports And…

I wanted to play in the NFL. That was my dream. I wanted to be a professional football player. All throughout high school, that was my dream. I didn't really care much for academics. I played major college…

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How 33 Needs Works

Let's say someone has, let's say all you guys get together and you're like, wow, this lecture series is really awesome. We really want to replicate this lecture series all around the country, but we want to be…

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