First Things THRST E026 - The Business Expert: I Made MILLIONS At 21 With “Zero Skills” | Daniel Priestley
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Dec 10, 2023 
Daniel Priestley, a top-tier entrepreneur, discusses going from zero to making millions by 21, the role of an entrepreneur as an orchestrator, creating a successful product ecosystem, the influence of key persons and celebrities on businesses, selling an influencer's business, the importance of raising children and writing a book, celebrities transitioning from acting to business ownership, entrepreneurship as a vehicle for positive change, the impact of artificial intelligence on society, and the importance of facing challenges and building resilience in business.
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Building Asset-Based Businesses
- Businesses that broker other people's products or services are less valuable than those owning assets.
- Building valuable assets like intellectual property, data, and brands increases business worth.
Generate Multiple Ideas
- Instead of fixating on one idea, generate multiple business ideas and evaluate them comparatively.
- This ideation process helps identify the most promising and viable options.
Cheap Idea Validation
- Validate business ideas with cheap tests like waiting lists before fully launching.
- This helps gather data, refine offerings, and secure funding based on real market interest.