
This is software (AWS) generated transcription and it is not perfect.
So I've founded now, 11 different companies, and 10 of the 11 were successful. The biggest reason I think that turned out was one focus. I intensely focus on the solution of the business. Next speed and hustle. I don't go about stuff to give it done in the status quo time period. I try to do it three times faster. Next, persistence. The next thing is pivoting. I've never seen a single business where the first business concept idea was the game-changing deal. You have to pivot and adapt and change and modify as you go along. And those entrepreneurs who were so addicted to their first idea almost always fail. They have to. You have to pivot. Grit is another one and then having the courage to just finish everything. So I started entrepreneurism when I was 21 22 years old, with my first business, and I've been doing businesses, ever since and then, once I started exiting companies, I started investing, and I've invested in over 65 other companies in addition to my own.
What I invest in, I invest in technology companies and consumer product companies, but my biggest expertise is in supply chain management and consumer product distribution way. So most of my companies have been in consumer products and some of them are technology-based.
I like to see the competition to make sure you understand where you fit in the marketplace. I want to see how you're gonna be the best in the world at 1,2 or 3 things. So everything is a remix, when people think they invent something from scratch, they're delusional. We all are borrowing and evolving and adapting from existing products. I'll give an example, who invented the airplane? The guy, that strapped a couple of wings on, he saw some birds and he strapped a couple wings and he jumped off of a cliff and he tried to float. Was that the airplane? Because that was the first model of it. But there's been thousands of iterations ever since, and the same is true for almost every single product on the planet. None of us invent anything in a white box, free from the rest of the world. It's all mixing and evolution.