Naval on Smash Notes

Give Society What It Doesn't Know How to Get

Naval

Society will pay you for creating what it wants, but doesn’t know how to get, and delivering it at scale. - Give society what it wants, but doesn't know how to get—at scale: 0:00 - Figure out what product you can provide and then figure out how to scale it: 0:57 Full show notes and transcript: http://startupboy.com/2019/03/14/product-scale  

Episode notes last updated on April 08, 2019 04:57

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Smash Notes summary for this episode

How can I get rich quick?

Give society something it wants, but does not yet know how to get.

How can I make something people want?

Start as an act of creativity because you want something to exist. Build it for yourself. Then figure out how to get it to other people. First give it to the rich people, and eventually scale to everybody else.

What is entrepreneurship ?

Entrepreneurship is an act of creating something new from scratch, predicting the society would want it, and then figuring out how to scale and get it to everybody in a profitable, and self-sustaining way.