You Shouldn't be an Entrepreneur First, You Should be an Employee

[00:27] Today’s Topic: You Shouldn't be an Entrepreneur First, You Should be an Employee

[00:38] Neil hasn’t been an employee since he was 18 or 19 when he worked at Hollywood Video.

[01:02] Eric found the structure about being an employee was helpful to understanding what makes a company work.

[01:35] He switched jobs often, because he was chasing the next opportunity. Each time, he learned something new about what makes a successful company.

[02:15] You should start out as an employee, because you need to try things out to see what you like.

[02:35] Bill Ackman, successful hedge funder, thinks you shouldn’t start your own company until you’ve worked in the industry for some time.

[03:15] You need to learn from others before you go out and make your own mistakes.

[03:40] If you learn from other’s good examples first, you are more likely to succeed in the future.

[04:18] The Ali Baba CEO, Jack Ma, made a video about this very topic and he agrees with Eric and Neil.

[04:48] You don’t have to make all your money when you’re young.

[05:05] Be prepared to fail before you succeed.

[05:17] That’s it for today!

[05:20] Go to Singlegrain.com/Giveway for a special marketing tool giveaway!

You Shouldn't be an Entrepreneur First, You Should be an Employee | Ep. #695