12 - Startup Stories [part 3] - Success, Failure and Bitcoin - Sam Harris and Theo Ricketts

<a href="https://imgur.com/BRE2b3b"><img src="https://i.imgur.com/BRE2b3b.jpg" title="source: imgur.com" /></a> SAM HARRIS AND THEO RICKETTS This is final episode of the trilogy, the season and the entire year. Sam and Theo finish up the series with some personal stories and a review of how entrepreneurs can be more successful. If you haven't listened to the first episodes with Theo start there. Additionally, I share some of my best insights from the podcast this year as well as my 2 satoshi on Bitcoin and being a strategic investor. TOP TIPS 1. SUCCESS = EXECUTION, PERSISTENCE AND JUST TAKING IT SERIOUSLY There have been a number of idea’s that really could have been a success if we’d put more effort into the execution and persisted with the idea. Often the success of a project is directly relational to how seriously you take it. Putting time and money into it is often the only way to really ignite a business. Once things are going and you have a customer the next steps can seem to happen but crossing the chasm from a hobby side-project to a fully fledged business is a big step you have to commit to by taking a big breath and taking the plunge. 2. PRACTICE MINIMALISM A million to-dos in your day are confusing and lead to decision fatigue and generally poor execution. Having less is really more in all aspects of life. Practicing minimalism in everything is liberating and allows you to be much more successful. Whether it is stuff you have stored at home or the amount of packing you have. to the number of idea’s, you work on at once. Now that I’m living a more minimal life I really find it mental the amount of stuff that people have they don’t use, yet they let it take up their time and money just keeping hold of these things they don’t need. A great new years thing to do is a big clear-out of your possessions. Analyse your main projects and prioritising which ones you want to achieve first and focus on just that. Give your brain the freedom to be awesome at something without distraction 3. BE REALISTIC ABOUT EXPEC