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Should you risk your LIFE SAVINGS? – Evan & @SKellyCEO


Banerjee is asking being a student is it

Banerjee is asking being a student is it a good choice for me to risk all my

a good choice for me to risk all my

a good choice for me to risk all my savings on my startup plan when I’m

savings on my startup plan when I’m

savings on my startup plan when I’m totally unaware of the outcome yeah I

totally unaware of the outcome yeah I

totally unaware of the outcome yeah I think I’d say is there a way you could

think I’d say is there a way you could

think I’d say is there a way you could maybe take 25 years 70 savings or fifty

maybe take 25 years 70 savings or fifty

maybe take 25 years 70 savings or fifty percent of your savings and test drive

percent of your savings and test drive

percent of your savings and test drive your plan so obviously I don’t know what

your plan so obviously I don’t know what

your plan so obviously I don’t know what your plan is but it sounds like you

your plan is but it sounds like you

your plan is but it sounds like you don’t know what the outcome is the way

don’t know what the outcome is the way

don’t know what the outcome is the way to find out what the outcomes likely to

to find out what the outcomes likely to

to find out what the outcomes likely to be is to start you know again a great

be is to start you know again a great

be is to start you know again a great quote from Martin Luther King one of my

quote from Martin Luther King one of my

quote from Martin Luther King one of my arrows just changed the world and he

arrows just changed the world and he

arrows just changed the world and he said when you’re going to go to the top

said when you’re going to go to the top

said when you’re going to go to the top of that John staircase and touch of the

of that John staircase and touch of the

of that John staircase and touch of the stars you have to just take the first

stars you have to just take the first

stars you have to just take the first step so for you I think why don’t we say

step so for you I think why don’t we say

step so for you I think why don’t we say how could help you and we talked about

how could help you and we talked about

how could help you and we talked about it what is the minimum viable product

it what is the minimum viable product

it what is the minimum viable product that you have to have to test drive your

that you have to have to test drive your

that you have to have to test drive your idea and what how could you do it I

idea and what how could you do it I

idea and what how could you do it I don’t know for ten percent of your

don’t know for ten percent of your

don’t know for ten percent of your savings or 22 whatever it takes but the

savings or 22 whatever it takes but the

savings or 22 whatever it takes but the other thing I do and actually ever this

other thing I do and actually ever this

other thing I do and actually ever this is really cool and changing the culture

is really cool and changing the culture

is really cool and changing the culture in this company there’s this thing and

in this company there’s this thing and

in this company there’s this thing and it is some what I learn way back in

it is some what I learn way back in

it is some what I learn way back in college called future future perfect

college called future future perfect

college called future future perfect tense where if you’ve ever got a problem

tense where if you’ve ever got a problem

tense where if you’ve ever got a problem or you’re looking at risk if you imagine

or you’re looking at risk if you imagine

or you’re looking at risk if you imagine you’ve overcome the risk and you’re

you’ve overcome the risk and you’re

you’ve overcome the risk and you’re living in the future and then you look

living in the future and then you look

living in the future and then you look back so you use different tints so

back so you use different tints so

back so you use different tints so instead of you know in 2017 I’m gonna

instead of you know in 2017 I’m gonna

instead of you know in 2017 I’m gonna try to grow the business by and use

try to grow the business by and use

try to grow the business by and use future today one hundred percent if you

future today one hundred percent if you

future today one hundred percent if you say actually I’m sitting here on a blab

say actually I’m sitting here on a blab

say actually I’m sitting here on a blab with Evan Carmichael we knock the ball

with Evan Carmichael we knock the ball

with Evan Carmichael we knock the ball out the park what do we have to do to

out the park what do we have to do to

out the park what do we have to do to achieve our huge success so if you

achieve our huge success so if you

achieve our huge success so if you actually change the tenth of what you

actually change the tenth of what you

actually change the tenth of what you use and ask you the question how you

use and ask you the question how you

use and ask you the question how you know how did you achieve the outcome of

know how did you achieve the outcome of

know how did you achieve the outcome of test driving the you had a viable

test driving the you had a viable

test driving the you had a viable product for a market in your new your

product for a market in your new your

product for a market in your new your emt new the customer needs what did you

emt new the customer needs what did you

emt new the customer needs what did you have to do to make that success and then

have to do to make that success and then

have to do to make that success and then say how much investment did I say you

say how much investment did I say you

say how much investment did I say you know did it take your time and again in

know did it take your time and again in

know did it take your time and again in the spirit of street fighters how can

the spirit of street fighters how can

the spirit of street fighters how can you get people to do something for you

you get people to do something for you

you get people to do something for you for nothing how can you get your friends

for nothing how can you get your friends

for nothing how can you get your friends to mentor you how can you get

to mentor you how can you get

to mentor you how can you get social bars how can you really kind of

social bars how can you really kind of

social bars how can you really kind of really bootstrap stuff so it doesn’t

really bootstrap stuff so it doesn’t

really bootstrap stuff so it doesn’t always take big money to start

always take big money to start

always take big money to start businesses and I think some of the best

businesses and I think some of the best

businesses and I think some of the best business is back to have example a

business is back to have example a

business is back to have example a really kind of ideas that have grounded

really kind of ideas that have grounded

really kind of ideas that have grounded landed for customers and then once you

landed for customers and then once you

landed for customers and then once you know what works then scale it up i think

know what works then scale it up i think

know what works then scale it up i think i’m even more risk averse I mean for me

i’m even more risk averse I mean for me

i’m even more risk averse I mean for me I hate spending money into line making

I hate spending money into line making

I hate spending money into line making money I will invest my heart my energy

money I will invest my heart my energy

money I will invest my heart my energy my hustle but I will not spend money

my hustle but I will not spend money

my hustle but I will not spend money until I’m finding a way to make money

until I’m finding a way to make money

until I’m finding a way to make money look at this YouTube channel I already

look at this YouTube channel I already

look at this YouTube channel I already have a successful business while I was

have a successful business while I was

have a successful business while I was stood my youtube channel I didn’t invest

stood my youtube channel I didn’t invest

stood my youtube channel I didn’t invest in anything i used my camera that i had

in anything i used my camera that i had

in anything i used my camera that i had and borrowed a camera for other episodes

and borrowed a camera for other episodes

and borrowed a camera for other episodes from a friend of mine i did to get it in

from a friend of mine i did to get it in

from a friend of mine i did to get it in myself uh a dog i did all the research

myself uh a dog i did all the research

myself uh a dog i did all the research myself and that was that led to one

myself and that was that led to one

myself and that was that led to one video a week max because i think it’s so

video a week max because i think it’s so

video a week max because i think it’s so easy to spend money on the stuff right

easy to spend money on the stuff right

easy to spend money on the stuff right like i could have bought the gear and I

like i could have bought the gear and I

like i could have bought the gear and I could have hired an editor and I could

could have hired an editor and I could

could have hired an editor and I could have had a white you know our green

have had a white you know our green

have had a white you know our green screen and all of this stuff I got to

screen and all of this stuff I got to

screen and all of this stuff I got to spend tons of money on this idea and

spend tons of money on this idea and

spend tons of money on this idea and then I get into it like ah you know I

then I get into it like ah you know I

then I get into it like ah you know I don’t know if I’m feeling this YouTube

don’t know if I’m feeling this YouTube

don’t know if I’m feeling this YouTube thing and then I’m stuck with a garage

thing and then I’m stuck with a garage

thing and then I’m stuck with a garage full of gear right and that happens to a

full of gear right and that happens to a

full of gear right and that happens to a lot of people you put a lot of money

lot of people you put a lot of money

lot of people you put a lot of money into something you’re not putting enough

into something you’re not putting enough

into something you’re not putting enough time into it and suddenly you’re out of

time into it and suddenly you’re out of

time into it and suddenly you’re out of money because you spent everything on

money because you spent everything on

money because you spent everything on gear and inventory so I’d much rather

gear and inventory so I’d much rather

gear and inventory so I’d much rather spend the resources that I had with my

spend the resources that I had with my

spend the resources that I had with my time to see if I’d love it to figure out

time to see if I’d love it to figure out

time to see if I’d love it to figure out a way to make it work to justify that

a way to make it work to justify that

a way to make it work to justify that this is an idea that is viable and then

this is an idea that is viable and then

this is an idea that is viable and then as I start making money reinvest it back

as I start making money reinvest it back

as I start making money reinvest it back into the growth so if i was a student I

into the growth so if i was a student I

into the growth so if i was a student I would not be investing my life savings

would not be investing my life savings

would not be investing my life savings into it I’d be trying to hustle my way

into it I’d be trying to hustle my way

into it I’d be trying to hustle my way to figure out how I can make money by

to figure out how I can make money by

to figure out how I can make money by investing my time I like heaven and and

investing my time I like heaven and and

investing my time I like heaven and and if you if you’re ever out of an answer

if you if you’re ever out of an answer

if you if you’re ever out of an answer go and go and talk to your customers

go and go and talk to your customers

go and go and talk to your customers potential customers potential

potential customers potential

potential customers potential prospective customers and find out what

prospective customers and find out what

prospective customers and find out what their needs up they’ll they’ll tell you

their needs up they’ll they’ll tell you

their needs up they’ll they’ll tell you straight away with you gonna knock the

straight away with you gonna knock the

straight away with you gonna knock the ball out the park or you get it’s going

ball out the park or you get it’s going

ball out the park or you get it’s going to walk into a wall and then you know if

to walk into a wall and then you know if

to walk into a wall and then you know if you’re going to walk into what what

you’re going to walk into what what

you’re going to walk into what what would work for them to close that gap in

would work for them to close that gap in

would work for them to close that gap in the market so I think you’re right yes

the market so I think you’re right yes

the market so I think you’re right yes exactly as Evan Evan

exactly as Evan Evan

exactly as Evan Evan all that out

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