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“Build the BEST PRODUCTS!” – Bill Gates (@BillGates) – #Entspresso


good morning mission my name is Evan

good morning mission my name is Evan Carmichael buy one word and believe as I

Carmichael buy one word and believe as I

Carmichael buy one word and believe as I believe that monsters will solve all of

believe that monsters will solve all of

believe that monsters will solve all of the world’s major problems so Hilton on

the world’s major problems so Hilton on

the world’s major problems so Hilton on your journey

your journey

your journey today’s messages create the best

today’s messages create the best

today’s messages create the best products over two buildings amigo

every product we do is absolutely as

every product we do is absolutely as capable as it can possibly be

capable as it can possibly be

capable as it can possibly be you know there’s none Oh holding back we

you know there’s none Oh holding back we

you know there’s none Oh holding back we are the people at Microsoft come into

are the people at Microsoft come into

are the people at Microsoft come into work every day building the best

work every day building the best

work every day building the best products they can and they’re very proud

products they can and they’re very proud

products they can and they’re very proud you go out go into schools and see how

you go out go into schools and see how

you go out go into schools and see how kids are using this stuff going ask

kids are using this stuff going ask

kids are using this stuff going ask people about how their jobs have teams

people about how their jobs have teams

people about how their jobs have teams because of the personal computer you

because of the personal computer you

because of the personal computer you know we’re sitting there listening to

know we’re sitting there listening to

know we’re sitting there listening to our customers saying how they’d like to

our customers saying how they’d like to

our customers saying how they’d like to make things better so we’re we do

make things better so we’re we do

make things better so we’re we do absolutely our best job and in fact

absolutely our best job and in fact

absolutely our best job and in fact that’s why we’ve been successful you

that’s why we’ve been successful you

that’s why we’ve been successful you know anybody who holds back in this

know anybody who holds back in this

know anybody who holds back in this business isn’t going to be around for

business isn’t going to be around for

business isn’t going to be around for long because this is a business where

long because this is a business where

long because this is a business where you always have to be moving at a very

you always have to be moving at a very

you always have to be moving at a very rapid pace the number one little easy

rapid pace the number one little easy

rapid pace the number one little easy money right on this is one of the most

money right on this is one of the most

money right on this is one of the most basic rules is the system we’re going to

basic rules is the system we’re going to

basic rules is the system we’re going to provide the mobile campaign so the

provide the mobile campaign so the

provide the mobile campaign so the better your fire service is the more

better your fire service is the more

better your fire service is the more it’s helping people divorce providing

it’s helping people divorce providing

it’s helping people divorce providing value the more your business is a

value the more your business is a

value the more your business is a growing part the challenge is for a lot

growing part the challenge is for a lot

growing part the challenge is for a lot of you guys your product or service is

of you guys your product or service is

of you guys your product or service is it’s actually that good it’s okay maybe

it’s actually that good it’s okay maybe

it’s actually that good it’s okay maybe get some results leave until the early

get some results leave until the early

get some results leave until the early days but it isn’t actually that good yes

days but it isn’t actually that good yes

days but it isn’t actually that good yes and the market is the test

and the market is the test

and the market is the test when you put it out there people start

when you put it out there people start

when you put it out there people start using your product are they getting a

using your product are they getting a

using your product are they getting a result it should be something that when

result it should be something that when

result it should be something that when they use your product or use your

they use your product or use your

they use your product or use your service it’s instantly noticeable the

service it’s instantly noticeable the

service it’s instantly noticeable the value at top and that’s how to return

value at top and that’s how to return

value at top and that’s how to return someone who has no brand name don’t

someone who has no brand name don’t

someone who has no brand name don’t recognition coming out of you know left

recognition coming out of you know left

recognition coming out of you know left field nobody’s ever heard of this person

field nobody’s ever heard of this person

field nobody’s ever heard of this person has no reputation in the industry can

has no reputation in the industry can

has no reputation in the industry can still win because it’s providing so much

still win because it’s providing so much

still win because it’s providing so much in seeing value the example of poisonous

in seeing value the example of poisonous

in seeing value the example of poisonous M&Ms is called into various radio

M&Ms is called into various radio

M&Ms is called into various radio stations and it uses think name he calls

stations and it uses think name he calls

stations and it uses think name he calls it on LL Cool J’s show elephant

it on LL Cool J’s show elephant

it on LL Cool J’s show elephant returning of Georgia show and he wanted

returning of Georgia show and he wanted

returning of Georgia show and he wanted to rock for him and he called in here

to rock for him and he called in here

to rock for him and he called in here some big names and essence wrapping it

some big names and essence wrapping it

some big names and essence wrapping it is only one but then you’re really good

is only one but then you’re really good

is only one but then you’re really good like you’re really really good you

like you’re really really good you

like you’re really really good you should be auditioning you should be

should be auditioning you should be

should be auditioning you should be getting a record deal you should really

getting a record deal you should really

getting a record deal you should really focus on this talented you got we’ve got

focus on this talented you got we’ve got

focus on this talented you got we’ve got something

something

something of course evidence you know one of the

of course evidence you know one of the

of course evidence you know one of the best rappers in the world but the talent

best rappers in the world but the talent

best rappers in the world but the talent was immediately noticeable even if they

was immediately noticeable even if they

was immediately noticeable even if they had no idea that was Eminem and so can

had no idea that was Eminem and so can

had no idea that was Eminem and so can you create on that level

you create on that level

you create on that level are you currently making a product or

are you currently making a product or

are you currently making a product or service that is on that level to that

service that is on that level to that

service that is on that level to that when somebody immediately uses it the

when somebody immediately uses it the

when somebody immediately uses it the existing thing guys I can logical pitch

existing thing guys I can logical pitch

existing thing guys I can logical pitch me all time with their products their

me all time with their products their

me all time with their products their software their apps their tools their

software their apps their tools their

software their apps their tools their services all the time I get emails every

services all the time I get emails every

services all the time I get emails every single day with engines of different

single day with engines of different

single day with engines of different products and some of I look at and I’m

products and some of I look at and I’m

products and some of I look at and I’m not impressed

not impressed

not impressed it’s very early stage it doesn’t provide

it’s very early stage it doesn’t provide

it’s very early stage it doesn’t provide me enough god I love I love tools that

me enough god I love I love tools that

me enough god I love I love tools that help save you time and if I’m using a

help save you time and if I’m using a

help save you time and if I’m using a tool that will save you time will tell

tool that will save you time will tell

tool that will save you time will tell people about it a puzzle guys I’m new to

people about it a puzzle guys I’m new to

people about it a puzzle guys I’m new to tell

tell

tell trying to tell people my network

trying to tell people my network

trying to tell people my network business pot this service because doing

business pot this service because doing

business pot this service because doing so much bad for me

so much bad for me

so much bad for me probably is what you’re sending me is

probably is what you’re sending me is

probably is what you’re sending me is not to be crazy done and that’s okay for

not to be crazy done and that’s okay for

not to be crazy done and that’s okay for now it’s an opportunity to bet this is

now it’s an opportunity to bet this is

now it’s an opportunity to bet this is where you are now there’s very little

where you are now there’s very little

where you are now there’s very little market acceptance people are loving what

market acceptance people are loving what

market acceptance people are loving what you’re doing improve it make it better

you’re doing improve it make it better

you’re doing improve it make it better listen to feedback put it back into the

listen to feedback put it back into the

listen to feedback put it back into the next version at the end of the day you

next version at the end of the day you

next version at the end of the day you have to create a great product PR will

have to create a great product PR will

have to create a great product PR will help you market will help you you know

help you market will help you you know

help you market will help you you know but at the end of the day some pieces

but at the end of the day some pieces

but at the end of the day some pieces this thing actually work does this thing

this thing actually work does this thing

this thing actually work does this thing action solve a problem and you may love

action solve a problem and you may love

action solve a problem and you may love it you may think it’s the best thing in

it you may think it’s the best thing in

it you may think it’s the best thing in the world but if you have something that

the world but if you have something that

the world but if you have something that you absolutely love that is not serving

you absolutely love that is not serving

you absolutely love that is not serving the needs of a market you just have a

the needs of a market you just have a

the needs of a market you just have a option you don’t have a business

option you don’t have a business

option you don’t have a business successful come from both you have to

successful come from both you have to

successful come from both you have to love what you do and ask the environment

love what you do and ask the environment

love what you do and ask the environment for it let me huge is Emma hop it is

for it let me huge is Emma hop it is

for it let me huge is Emma hop it is just a market forward you don’t like it

just a market forward you don’t like it

just a market forward you don’t like it you’re not going to have success as

you’re not going to have success as

you’re not going to have success as people who love that visible question

people who love that visible question

people who love that visible question both what would you do market for it

both what would you do market for it

both what would you do market for it combine those things by seeing value so

combine those things by seeing value so

combine those things by seeing value so the question today is I’m curious I want

the question today is I’m curious I want

the question today is I’m curious I want to know a product that you recently

to know a product that you recently

to know a product that you recently bought that you love those providing the

bought that you love those providing the

bought that you love those providing the same value to you for some reason I want

same value to you for some reason I want

same value to you for some reason I want you to share it up don’t put your own

you to share it up don’t put your own

you to share it up don’t put your own products I want to part with somebody

products I want to part with somebody

products I want to part with somebody else if you bought that you absolutely

else if you bought that you absolutely

else if you bought that you absolutely love and what I’m hopefully we do is

love and what I’m hopefully we do is

love and what I’m hopefully we do is kind of learn look these are companies

kind of learn look these are companies

kind of learn look these are companies to a creating brick box which will be

to a creating brick box which will be

to a creating brick box which will be learning them and apply our own business

learning them and apply our own business

learning them and apply our own business a concept of model success leave it on

a concept of model success leave it on

a concept of model success leave it on top still all villagers upon that I also

top still all villagers upon that I also

top still all villagers upon that I also want to give a quick shout out to Devon

want to give a quick shout out to Devon

want to give a quick shout out to Devon trees Devon thank you so much you’re

trees Devon thank you so much you’re

trees Devon thank you so much you’re picking up the audio versions of myself

picking up the audio versions of myself

picking up the audio versions of myself here one word and posted a review on is

here one word and posted a review on is

here one word and posted a review on is my new Instagram page I really

my new Instagram page I really

my new Instagram page I really appreciated van

appreciated van

appreciated van I’m so glad you enjoyed my phone so

I’m so glad you enjoyed my phone so

I’m so glad you enjoyed my phone so thank you guys so much for watching I

thank you guys so much for watching I

thank you guys so much for watching I believe in you I’ll continue to believe

believe in you I’ll continue to believe

believe in you I’ll continue to believe in yourself and whenever you’re one

in yourself and whenever you’re one

in yourself and whenever you’re one where it is much love and I’ll see you

where it is much love and I’ll see you

where it is much love and I’ll see you again tomorrow morning for another shot

again tomorrow morning for another shot

again tomorrow morning for another shot of espresso if you look at the the

of espresso if you look at the the

of espresso if you look at the the company’s been in Dara over decades they

company’s been in Dara over decades they

company’s been in Dara over decades they tend to win on product it is true that

tend to win on product it is true that

tend to win on product it is true that it is critical to get sales and

it is critical to get sales and

it is critical to get sales and marketing right because without that you

marketing right because without that you

marketing right because without that you just don’t get the flywheel going but I

just don’t get the flywheel going but I

just don’t get the flywheel going but I you know like the most valuable tech

you know like the most valuable tech

you know like the most valuable tech company in the world is Apple and I

company in the world is Apple and I

company in the world is Apple and I think they may like just the best

think they may like just the best

think they may like just the best products across the board I don’t know

products across the board I don’t know

products across the board I don’t know if Google is still number two but I

if Google is still number two but I

if Google is still number two but I think like Google search dominates

think like Google search dominates

think like Google search dominates everything else and also like most like

everything else and also like most like

everything else and also like most like Gmail and Google Maps dominated

Gmail and Google Maps dominated

Gmail and Google Maps dominated respective products

respective products

respective products I think Airbnb one on product I think

I think Airbnb one on product I think

I think Airbnb one on product I think that Facebook although they came late to

that Facebook although they came late to

that Facebook although they came late to the game had like the best product by

the game had like the best product by

the game had like the best product by far and they’ve and they’ve managed to

far and they’ve and they’ve managed to

far and they’ve and they’ve managed to expand that so I think I don’t ever try

expand that so I think I don’t ever try

expand that so I think I don’t ever try to let people off the hook for sales and

to let people off the hook for sales and

to let people off the hook for sales and marketing because if you build the best

marketing because if you build the best

marketing because if you build the best product in the world and don’t get

product in the world and don’t get

product in the world and don’t get anyone to use it that still kind of

anyone to use it that still kind of

anyone to use it that still kind of sucks but the I think it is very hard to

sucks but the I think it is very hard to

sucks but the I think it is very hard to win in the long long term without the

win in the long long term without the

win in the long long term without the best product I think that you can get

best product I think that you can get

best product I think that you can get acquired two years in because you had a

acquired two years in because you had a

acquired two years in because you had a really good like press or marketing

really good like press or marketing

really good like press or marketing strategy but that does not that is not

strategy but that does not that is not

strategy but that does not that is not how you create certain enduring value

how you create certain enduring value

how you create certain enduring value eventually sort of these things converge

eventually sort of these things converge

eventually sort of these things converge the key thing for us was the product and

the key thing for us was the product and

the key thing for us was the product and our whole focus for the first 10 years

our whole focus for the first 10 years

our whole focus for the first 10 years of the company was building a better

of the company was building a better

of the company was building a better mousetrap having a better running shoe

mousetrap having a better running shoe

mousetrap having a better running shoe having a better festival should having

having a better festival should having

having a better festival should having more cushioning in different shoes and

more cushioning in different shoes and

more cushioning in different shoes and innovating like every six months and

innovating like every six months and

innovating like every six months and spending a lot of money and research and

spending a lot of money and research and

spending a lot of money and research and development spending a lot of money in a

development spending a lot of money in a

development spending a lot of money in a lab and the product process really was

lab and the product process really was

lab and the product process really was developed far in advance of anything

developed far in advance of anything

developed far in advance of anything else that we did we don’t believe

else that we did we don’t believe

else that we did we don’t believe there’s a tension between products and

there’s a tension between products and

there’s a tension between products and business we believe there’s a staging

business we believe there’s a staging

business we believe there’s a staging which is in this industry you don’t have

which is in this industry you don’t have

which is in this industry you don’t have a business until you have a product in

a business until you have a product in

a business until you have a product in particular you don’t have a business

particular you don’t have a business

particular you don’t have a business so you have a product that a lot of

so you have a product that a lot of

so you have a product that a lot of people want we have this concept we use

people want we have this concept we use

people want we have this concept we use a term product market fit which is

a term product market fit which is

a term product market fit which is basically you have a product that the

basically you have a product that the

basically you have a product that the market wants and you can tell because

market wants and you can tell because

market wants and you can tell because the market is pulling the product and

the market is pulling the product and

the market is pulling the product and until you have that time spent building

until you have that time spent building

until you have that time spent building the business around the product is

the business around the product is

the business around the product is pointless because it’s not going to go

pointless because it’s not going to go

pointless because it’s not going to go anywhere like best case it’s going to be

anywhere like best case it’s going to be

anywhere like best case it’s going to be a zombie there’s a lot of companies are

a zombie there’s a lot of companies are

a zombie there’s a lot of companies are in the valley as a lot of companies in

in the valley as a lot of companies in

in the valley as a lot of companies in the valley and elsewhere that are you

the valley and elsewhere that are you

the valley and elsewhere that are you know 25 50 75 people they’ve got a

know 25 50 75 people they’ve got a

know 25 50 75 people they’ve got a product nobody really wants it they sell

product nobody really wants it they sell

product nobody really wants it they sell a few every quarter and they kind of

a few every quarter and they kind of

a few every quarter and they kind of geek out a living and they go on for

geek out a living and they go on for

geek out a living and they go on for year after year after year after year

year after year after year after year

year after year after year after year after year and they never get anywhere

after year and they never get anywhere

after year and they never get anywhere they never go public they never get

they never go public they never get

they never go public they never get bought and people just basically collect

bought and people just basically collect

bought and people just basically collect salaries and that’s not what that’s like

salaries and that’s not what that’s like

salaries and that’s not what that’s like not what we want to do and that’s not

not what we want to do and that’s not

not what we want to do and that’s not what’s super you know super high

what’s super you know super high

what’s super you know super high potential entrepreneurs want to do so

potential entrepreneurs want to do so

potential entrepreneurs want to do so what we basically say is if you want to

what we basically say is if you want to

what we basically say is if you want to build a big success you got to nail the

build a big success you got to nail the

build a big success you got to nail the product you got it like it’s got to be a

product you got it like it’s got to be a

product you got it like it’s got to be a killer product it’s got to be something

killer product it’s got to be something

killer product it’s got to be something that has product market fit when you

that has product market fit when you

that has product market fit when you have product market fit then you build a

have product market fit then you build a

have product market fit then you build a company around it right so then you

company around it right so then you

company around it right so then you build a sales force then you start doing

build a sales force then you start doing

build a sales force then you start doing marketing and then you start doing

marketing and then you start doing

marketing and then you start doing business deals then you start expanding

business deals then you start expanding

business deals then you start expanding internationally and you do all this

internationally and you do all this

internationally and you do all this other stuff and it’s at that point where

other stuff and it’s at that point where

other stuff and it’s at that point where you start to apply a lot of capital and

you start to apply a lot of capital and

you start to apply a lot of capital and you build a big board and you start

you build a big board and you start

you build a big board and you start hiring executives and doing all this

hiring executives and doing all this

hiring executives and doing all this stuff but a full executive team with the

stuff but a full executive team with the

stuff but a full executive team with the sales force and all that stuff before

sales force and all that stuff before

sales force and all that stuff before you have the killer product is a

you have the killer product is a

you have the killer product is a complete waste of time

”

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