First Things THRST

E026 - The Business Expert: I Made MILLIONS At 21 With “Zero Skills” | Daniel Priestley

31 snips
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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ANECDOTE

Early entrepreneurial journey

  • Daniel Priestley dropped out of university at 19 to join a startup.
  • He went from zero to millions by 21, asked for equity, was denied, and then successfully started his own business.
ADVICE

Value of Mentorship

  • Seek mentorships with experienced entrepreneurs for invaluable, real-world insights.
  • Don't rely solely on online resources like YouTube or books for mentorship.
ANECDOTE

Missed $14 Million Deal

  • At 24, Priestley received a $14 million offer for his company but the deal fell apart.
  • This happened due to disagreements and exhaustion, leading to a valuable lesson about handling negotiations.
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