108 Jay Samit: Future Proofing You - Creating Opportunity & Maximizing Wealth in an Uncertain World

My next guest is the international bestselling author and serial entrepreneur, Jay Samit:

• He has raised hundreds of millions of dollars for startups, 
• He has partnered with the whos who of our time: Bill Gates, Steven Spielberg, Steve Jobs, Reid Hoffman, David Geffen, Richard Branson, Paul Allen, and Pierre Omidyar.
• A former NASDAQ company CEO and Independent Vice Chairman of Deloitte
• The author of Future Proofing You (Wiley 2021) where he made a case study of taking someone who was on welfare to a million dollars in revenue in 1 year. 

Jay dropped 30+ knowledge bombs, including:

1. After you change the voice in your head, changing the world of business is easy
2. How will your past mistakes inform your future decisions is a better use of your mental cycles?
3. When rejected, they are not saying I can't do it; they are saying they can't do it with me. It's their loss
4. Being happy creates the best conditions for success - your brain, mood, appearance, sales, decision-making, and creativity.
5. A million a year is a mental 4-minute mile. Break it.
6. Today can be better than yesterday and I have the power to make it so.
7. The failure of our current education and economic system is that we failed, teach 90% of Americans how to get their piece of the American dream
8. There is 2 axis to select a problem that is suitable for the soul-impact fit: 1) total addressable market for the possible impact. 2) the passion you have about the problem for your own fulfillment.
9. By watching where the 800-pound gorillas are spending big, bucks, you'll see where the wave is being created.
10. Find your niche by pairing the problem with the buzzword of the day
11. His number 1 hack to get connected with the industry leaders who are impossible to connect
12. Find a big company with the existing audience you want to reach; your can offer your product/service as a customer acquisition tool or value add or a way for them to be hip and cool again
13. Why he advocates for selling out early vs. holding out for a higher offer? And specifically why 50% cash / 50% equity is a wise choice.

Here is my favorite: only a small % of your decisions are going to be home runs, so make more decisions.

Go buy Future Proofing You...it's full of gems https://adbl.co/2NUpOAz