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- 🚀 7 figure success for Nick & SImon
🚀 7 figure success for Nick & SImon
🤖 Musk, Altman and the AI feud
Guy Ligertwood & Farzan Maghami
November 25, 2023
Hey Guy & Farzan here 👋
Hope you’re good. We’ve changed it up a bit this week. We’ve added a founder guide and a resource we love, so we’re hoping you do too.
Read time: 10 mins
In the mail:
Founder story: Nick & Simon’s 7 figure success 🚀
Founder playbook Elon Musk, Sam Altman, and the AI feud 🤖
Founder guide: Shaan Puri’s $0 to $1 Million guide 📚
Founder resource: Books helping this founder to a $100M business 🔥
Founder short: How to get your first 5 customers ⚡️
Founder quote: On intuition 💡
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1. Founder story
🚀 How Nick & Simon's unique approach catapulted their startup to 7-figure success.
Simon & Nick
🚀 Journey from Down Under to Startup Stardom
Nick Ingall's odyssey began on Australia's East Coast, weaving through Papua New Guinea and Darwin before spanning continents to Europe and finally anchoring in New Zealand. `
Simon Bernardino, his co-pilot in entrepreneurship, shares this tale of global influence and local roots. Together, they created Lab17, a beacon of innovation in talent acquisition, rooted deeply in Nick's formative experiences with Indigenous cultures.
📈 Major Milestones
🌐 Diverse Global Upbringing: Cultivating a worldview shaped by varied cultures.
💼 Spotify Stint: Witnessing explosive growth, sowing seeds for future endeavours.
🛠️ Transition from Build Phases: Shifting from individual projects to a broader, impactful solution.
🌟 Launching Lab17 in 2019: A remote-first, multi-continental enterprise focusing on talent and culture.
🤝 First 10 Clients: Leveraged a rich network, thriving on referrals and proven trust.
🎯 40 Customers Milestone: Expanded through strategic partnerships and refreshed branding.
🧭 Founder's Challenge: Embracing the founder's role, aligning decisions with vision and mission.
🔑 Key Lesson for Founders
"The art of entrepreneurship lies not just in the conception of an idea but in its execution and validation." Nick Ingall emphasizes the criticality of validating a problem and its solution, a lesson learned from past ventures. Understanding the problem's cost and the value of its solution is paramount.
Read the full Story on Founderoo.
2. Founder playbook
🤖 Elon Musk, Sam Altman, and the feud shaping the AI world.
Elon & Sam
👨🚀 Background: Elon Musk's Early Days
Before OpenAI, Musk's ventures PayPal, SpaceX, and Tesla already tagged him as Silicon Valley's disruptor.
His journey paralleled Sam Altman, Y Combinator's president, a catalyst behind startups like Airbnb and Dropbox.
🤖 Shared Vision: The Inception of OpenAI
Musk and Altman, bonded over AI's potential and risks, co-founded OpenAI in 2015.
Their goal? Harness AI for good, not just profit.
🔍 A Crucial Lesson: Balancing innovation and ethics
Musk's departure from OpenAI and the founding of XAI teaches us a vital lesson: Always align your ventures with your core values and vision.
It's not just about starting something; it's about steering it in the right direction.
👁️🗨️ Final Thoughts: The Power of Divergent Paths
Musk's story illustrates that sometimes, parting ways leads to new horizons.
His journey from PayPal to AI is a testament to the impact of visionary thinking and ethical entrepreneurship.
Read the full Story on Founderoo.
3. Founder guide
📚 Shaan Puri’s $0 to $1 Million guide - How he’d start over in 2024
Shaan Puri addresses the most frequent question he receives: how he would make $1,000,000 starting from scratch with no money. The episode includes:
Optimizing for your current phase,
Identifying your edge
Choosing between joining or starting a company
Working on an A+ problem
Creating luck
Service agency blueprint
Investing in yourself
Leaving a legacy
4. Founder resource
🔥 Founder CEO shares all the books that helped him build a $100M enterprise
Daniel Ramsey, a seasoned entrepreneur with a history of successfully running and selling various businesses, is the Founder and CEO of MyOutDesk, the world's leading virtual assistant service. Here Daniel talks through the books that have inspired him.
5. Founder short
⚡️ How to get your first 5 customers
6. A founder quote on intuition 💡
“If you are not in touch with your intuition, you cannot be successful. Data is great. But sometimes, even when you have all the data in the world, if you don’t follow your gut, you won’t discover the true potential and be able to recognize critical opportunities.”
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Until next Sunday.
Guy + Farzan 👋
Founderoo
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