Strauss Zelnick, a renowned media executive and entrepreneur, shares insights from his impressive career. He discusses the impact of blockchain on media and the importance of happiness in career choices. Zelnick offers entrepreneurial tips on how to stand out in price-driven markets and attract users to new apps. He also dives into trends shaping youth culture, the growth of eSports, and the significance of mentorship. Throughout the conversation, he emphasizes pursuing passion over profit for true fulfillment.
Building trust with DJs requires networking and meeting them in person, offering incentives, and showing genuine interest in their work.
Success as an entrepreneur involves self-awareness, aligning personal values with goals, and finding fulfillment beyond financial rewards.
Deep dives
Building Trust with DJs in the App
For the entrepreneur who created an app for local DJs, gaining the trust of DJs is crucial. The best approach is to use hand-to-hand combat by networking and meeting DJs in person. Attend events, use social media, and reach out to them individually. Show genuine interest in their work, offer incentives like freebies or discounts, and build relationships with them. Starting small and winning over DJs in your local area, such as Yonkers or Westchester, will help establish credibility and trust.
The State of Entrepreneurship
Entrepreneurship has become more popular and accepted, with lower upfront costs and increased opportunities for success. However, building a highly successful business is still challenging. While it's easier to enter the market and find micro-success, it requires hard work, focus, and differentiation to truly stand out. Success also varies based on personal goals and motivations. Some people are motivated by making a great living doing what they love, while others desire achievement and tackling difficult challenges.
The Importance of Self-Awareness
Self-awareness is key in finding fulfillment and success as an entrepreneur. By understanding one's true desires and motivations, entrepreneurs can align their goals with their personal values. It's essential to know what brings joy and satisfaction, rather than chasing external validation or financial rewards alone. Building a life and career that aligns with personal passions and values can lead to greater fulfillment and contentment.
The Value of Achieving Hard Things
Several entrepreneurs thrive on achieving difficult goals and pushing themselves to overcome challenges. By taking on hard tasks and pursuing interests in their field, they find satisfaction in their accomplishments. The pursuit of challenging endeavors can be more rewarding than the monetary gains that come with it. Success isn't solely defined by financial achievements but by the ability to tackle interesting and difficult projects that inspire personal growth.
On today's episode of the podcast, I'm sharing a conversation I had back in 2019 with media executive, entrepreneur, and investor Strauss Zelnick. We discuss the blockchain and what it takes to achieve your goals, and we also discuss the importance of happiness in your career choices. Then Strauss and I dive into some entrepreneurial tips ranging from how to stand out in a price-based business to how to get users to start using an app you've developed. This conversation has something for everyone. Whether you're interested in the future of technology, the intricacies of the media industry, or simply looking for inspiration on personal and career development, you won't want to miss this episode.