so I’m asked one question most often why didn’t you sell your business it doesn’t
didn’t you sell your business it doesn’t
didn’t you sell your business it doesn’t even make money by deleting the images
even make money by deleting the images
even make money by deleting the images after you sent them we changed what it
after you sent them we changed what it
after you sent them we changed what it meant to take a picture I think one of
meant to take a picture I think one of
meant to take a picture I think one of the perks of being a really small
the perks of being a really small
the perks of being a really small company is that from the beginning we
company is that from the beginning we
company is that from the beginning we got to think about diversity he’s an
got to think about diversity he’s an
got to think about diversity he’s an American internet entrepreneur he’s the
American internet entrepreneur he’s the
American internet entrepreneur he’s the co-founder and CEO of the mobile app
co-founder and CEO of the mobile app
co-founder and CEO of the mobile app snapchat he has an estimated net worth
snapchat he has an estimated net worth
snapchat he has an estimated net worth of 2.1 billion dollars
of 2.1 billion dollars
of 2.1 billion dollars he’s Evan Spiegel and here is my take on
he’s Evan Spiegel and here is my take on
he’s Evan Spiegel and here is my take on his top ten rules for success rule
his top ten rules for success rule
his top ten rules for success rule number five is my personal favorite and
number five is my personal favorite and
number five is my personal favorite and I’m curious if you’re great which one
I’m curious if you’re great which one
I’m curious if you’re great which one you guys like the best as always if
you guys like the best as always if
you guys like the best as always if everyone is saying something that really
everyone is saying something that really
everyone is saying something that really resonates with you please leave it down
resonates with you please leave it down
resonates with you please leave it down in the comments below
in the comments below
in the comments below and put quotes around it so others can
and put quotes around it so others can
and put quotes around it so others can be inspired as well so I’m asked one
be inspired as well so I’m asked one
be inspired as well so I’m asked one question
question
question most often why didn’t you sell your
most often why didn’t you sell your
most often why didn’t you sell your business it doesn’t even make money it’s
business it doesn’t even make money it’s
business it doesn’t even make money it’s a fad you could be on a boat right now
a fad you could be on a boat right now
a fad you could be on a boat right now everybody loves boats what is wrong with
everybody loves boats what is wrong with
everybody loves boats what is wrong with you and I’m now convinced that the
you and I’m now convinced that the
you and I’m now convinced that the fastest way to figure out if you’re
fastest way to figure out if you’re
fastest way to figure out if you’re doing something that is truly important
doing something that is truly important
doing something that is truly important to you is to find is to find someone who
to you is to find is to find someone who
to you is to find is to find someone who will offer you a bunch of money to part
will offer you a bunch of money to part
will offer you a bunch of money to part with it see the best thing is that no
with it see the best thing is that no
with it see the best thing is that no matter whether or not you sell you will
matter whether or not you sell you will
matter whether or not you sell you will learn something very valuable about
learn something very valuable about
learn something very valuable about yourself if you sell you will know
yourself if you sell you will know
yourself if you sell you will know immediately that it wasn’t the right
immediately that it wasn’t the right
immediately that it wasn’t the right dream anyways and if you don’t sell
dream anyways and if you don’t sell
dream anyways and if you don’t sell you’re probably on to something maybe
you’re probably on to something maybe
you’re probably on to something maybe you have the beginning of something
you have the beginning of something
you have the beginning of something meaningful
meaningful
meaningful after you worry about making the leap
after you worry about making the leap
after you worry about making the leap from sort of an inventor to a manager
from sort of an inventor to a manager
from sort of an inventor to a manager and how are you handling that yeah well
and how are you handling that yeah well
and how are you handling that yeah well I think the the solution really is the
I think the the solution really is the
I think the the solution really is the team right and so Bobby and I both have
team right and so Bobby and I both have
team right and so Bobby and I both have lean really heavily on some really
lean really heavily on some really
lean really heavily on some really terrific people that we’ve been able to
terrific people that we’ve been able to
terrific people that we’ve been able to hire and frankly I think that’s that’s
hire and frankly I think that’s that’s
hire and frankly I think that’s that’s the only way to do it I think the
the only way to do it I think the
the only way to do it I think the challenging part from like the learning
challenging part from like the learning
challenging part from like the learning perspective is making commitments that
perspective is making commitments that
perspective is making commitments that are that big at such a young age to the
are that big at such a young age to the
are that big at such a young age to the people that work for us and their
people that work for us and their
people that work for us and their families it’s very hard for me to use my
families it’s very hard for me to use my
families it’s very hard for me to use my phone to be honest I’m kind of like on
phone to be honest I’m kind of like on
phone to be honest I’m kind of like on text message and email and our service
text message and email and our service
text message and email and our service and so I’m always yelling at our people
and so I’m always yelling at our people
and so I’m always yelling at our people to try and hopefully not yelling but
to try and hopefully not yelling but
to try and hopefully not yelling but trying to encouraging big early
trying to encouraging big early
trying to encouraging big early I know it was really vigorous
I know it was really vigorous
I know it was really vigorous encouragement yeah um to to make this
encouragement yeah um to to make this
encouragement yeah um to to make this service just more and more simple so
service just more and more simple so
service just more and more simple so every time we add a new feature we try
every time we add a new feature we try
every time we add a new feature we try to take a button away and that’s that
to take a button away and that’s that
to take a button away and that’s that sort of has spawned a lot of our
sort of has spawned a lot of our
sort of has spawned a lot of our inventions like we have it we have a one
inventions like we have it we have a one
inventions like we have it we have a one camera button on our service and you can
camera button on our service and you can
camera button on our service and you can tap it to take a photo but if you want
tap it to take a photo but if you want
tap it to take a photo but if you want to take a video you just press and hold
to take a video you just press and hold
to take a video you just press and hold and that you know in the past if you
and that you know in the past if you
and that you know in the past if you remember or still happens on a lot of
remember or still happens on a lot of
remember or still happens on a lot of camera phones today you have to switch
camera phones today you have to switch
camera phones today you have to switch into video mode and you end up with all
into video mode and you end up with all
into video mode and you end up with all these like weird like videos that you
these like weird like videos that you
these like weird like videos that you thought were pictures pictures you
thought were pictures pictures you
thought were pictures pictures you thought your videos doesn’t really
thought your videos doesn’t really
thought your videos doesn’t really doesn’t ly make sense so we’re much more
doesn’t ly make sense so we’re much more
doesn’t ly make sense so we’re much more interested in increasing engagement
interested in increasing engagement
interested in increasing engagement rather than getting big so we really
rather than getting big so we really
rather than getting big so we really focused on a few markets that are really
focused on a few markets that are really
focused on a few markets that are really really important to us and right now
really important to us and right now
really important to us and right now we’re working on really increasing
we’re working on really increasing
we’re working on really increasing engagements making making sure the
engagements making making sure the
engagements making making sure the people that are on our service just love
people that are on our service just love
people that are on our service just love it and that’s really what we watch and I
it and that’s really what we watch and I
it and that’s really what we watch and I think over time we’ll think about
think over time we’ll think about
think over time we’ll think about expanding the product but right now it’s
expanding the product but right now it’s
expanding the product but right now it’s really just a maniacal focus on making
really just a maniacal focus on making
really just a maniacal focus on making great products and deepening the
great products and deepening the
great products and deepening the engagement with our service you already
engagement with our service you already
engagement with our service you already have inside of you all of the amazing
have inside of you all of the amazing
have inside of you all of the amazing things you need to follow the dreams
things you need to follow the dreams
things you need to follow the dreams that you have and if you get stuck along
that you have and if you get stuck along
that you have and if you get stuck along the way there is a ton of free
the way there is a ton of free
the way there is a ton of free information available on the Internet
information available on the Internet
information available on the Internet have faith in yourself and the person
have faith in yourself and the person
have faith in yourself and the person you’re going to become know that you are
you’re going to become know that you are
you’re going to become know that you are capable of all of the growth that will
capable of all of the growth that will
capable of all of the growth that will be expected of you and that you expect
be expected of you and that you expect
be expected of you and that you expect from yourself you will tackle every
from yourself you will tackle every
from yourself you will tackle every challenge headed your way and if you
challenge headed your way and if you
challenge headed your way and if you don’t it won’t be for lack of trying
don’t it won’t be for lack of trying
don’t it won’t be for lack of trying someone will always have an opinion
someone will always have an opinion
someone will always have an opinion about you whatever you do won’t ever be
about you whatever you do won’t ever be
about you whatever you do won’t ever be enough so find something important to
enough so find something important to
enough so find something important to you find something that you love you
you find something that you love you
you find something that you love you really found something special in
really found something special in
really found something special in snapchat which at the time was called
snapchat which at the time was called
snapchat which at the time was called piccaboo and we found that by deleting
piccaboo and we found that by deleting
piccaboo and we found that by deleting the images after you sent them we
the images after you sent them we
the images after you sent them we changed what it meant to take a picture
changed what it meant to take a picture
changed what it meant to take a picture so a picture wasn’t about saving a
so a picture wasn’t about saving a
so a picture wasn’t about saving a really important moment it was about
really important moment it was about
really important moment it was about communicating and we got really lucky
communicating and we got really lucky
communicating and we got really lucky because smartphones and their camera
because smartphones and their camera
because smartphones and their camera connected to the Internet
connected to the Internet
connected to the Internet meant that there was really a big change
meant that there was really a big change
meant that there was really a big change happening in communication that we you
happening in communication that we you
happening in communication that we you know didn’t didn’t totally identify at
know didn’t didn’t totally identify at
know didn’t didn’t totally identify at the time but we do now which is that
the time but we do now which is that
the time but we do now which is that people prefer to communicate with photos
people prefer to communicate with photos
people prefer to communicate with photos and videos
and videos
and videos rather than pack diversity for us is
rather than pack diversity for us is
rather than pack diversity for us is really closely tied to competency so for
really closely tied to competency so for
really closely tied to competency so for us we have such a diverse group of
us we have such a diverse group of
us we have such a diverse group of people using our products and services
people using our products and services
people using our products and services every day that in order for us to make
every day that in order for us to make
every day that in order for us to make absolutely great products and services
absolutely great products and services
absolutely great products and services for that community we need a really
for that community we need a really
for that community we need a really really diverse group of people and it’s
really diverse group of people and it’s
really diverse group of people and it’s really that simple so for us we just
really that simple so for us we just
really that simple so for us we just have an awareness that you know if we
have an awareness that you know if we
have an awareness that you know if we want to make the best products we need
want to make the best products we need
want to make the best products we need to have we need to have a diverse so can
to have we need to have a diverse so can
to have we need to have a diverse so can you describe your diverse group of
you describe your diverse group of
you describe your diverse group of people and I mean what are some of the
people and I mean what are some of the
people and I mean what are some of the percentages if you have them and again
percentages if you have them and again
percentages if you have them and again like this this is sort of the challenge
like this this is sort of the challenge
like this this is sort of the challenge and I should I should have exact
and I should I should have exact
and I should I should have exact percentages for you but we just don’t
percentages for you but we just don’t
percentages for you but we just don’t think about diversity and in terms of
think about diversity and in terms of
think about diversity and in terms of numbers that way and I think one of the
numbers that way and I think one of the
numbers that way and I think one of the perks of being a really small company is
perks of being a really small company is
perks of being a really small company is that from the beginning we got to think
that from the beginning we got to think
that from the beginning we got to think about diversity so we didn’t end up with
about diversity so we didn’t end up with
about diversity so we didn’t end up with a situation where ten years down the
a situation where ten years down the
a situation where ten years down the line oh my gosh I need to fix my numbers
line oh my gosh I need to fix my numbers
line oh my gosh I need to fix my numbers because it’s not really cool to think
because it’s not really cool to think
because it’s not really cool to think about people as numbers right we think
about people as numbers right we think
about people as numbers right we think about people and diverse skill sets and
about people and diverse skill sets and
about people and diverse skill sets and so for us because you know we’re 300
so for us because you know we’re 300
so for us because you know we’re 300 people now we were thirty people
people now we were thirty people
people now we were thirty people gosh a year and a half ago we’ve been
gosh a year and a half ago we’ve been
gosh a year and a half ago we’ve been really mindful that as we grow we need
really mindful that as we grow we need
really mindful that as we grow we need to hire diverse folks in for Matias so
to hire diverse folks in for Matias so
to hire diverse folks in for Matias so fascinating and it’s so pervasive that
fascinating and it’s so pervasive that
fascinating and it’s so pervasive that it’s been studied for a very long time
it’s been studied for a very long time
it’s been studied for a very long time see it turns out there are two things
see it turns out there are two things
see it turns out there are two things that can dramatically reduce conformity
that can dramatically reduce conformity
that can dramatically reduce conformity in a group setting the first is a single
in a group setting the first is a single
in a group setting the first is a single dissenting voice and the second is the
dissenting voice and the second is the
dissenting voice and the second is the ability to communicate privately with
ability to communicate privately with
ability to communicate privately with other members of the group our
other members of the group our
other members of the group our government gives us the right to privacy
government gives us the right to privacy
government gives us the right to privacy and the right to express ourselves
and the right to express ourselves
and the right to express ourselves freely in the hope that we might
freely in the hope that we might
freely in the hope that we might mitigate conformity democracy wasn’t
mitigate conformity democracy wasn’t
mitigate conformity democracy wasn’t designed to promote popular thought it
designed to promote popular thought it
designed to promote popular thought it was architected to protect dissent for
was architected to protect dissent for
was architected to protect dissent for as President Kennedy said conformity is
as President Kennedy said conformity is
as President Kennedy said conformity is the jailer of freedom and the enemy of
the jailer of freedom and the enemy of
the jailer of freedom and the enemy of growth what circumstances were present
growth what circumstances were present
growth what circumstances were present that made this idea catch fire sure so I
that made this idea catch fire sure so I
that made this idea catch fire sure so I think there was sort of two components
think there was sort of two components
think there was sort of two components in the first component is probably that
in the first component is probably that
in the first component is probably that social media was starting to feel a
social media was starting to feel a
social media was starting to feel a little stale so there’s only so many
little stale so there’s only so many
little stale so there’s only so many beautiful attractive cool pictures that
beautiful attractive cool pictures that
beautiful attractive cool pictures that you can take and when you see all of
you can take and when you see all of
you can take and when you see all of them day after day after day it just
them day after day after day it just
them day after day after day it just kind of gets bore
kind of gets bore
kind of gets bore so I think there was that aspect of it
so I think there was that aspect of it
so I think there was that aspect of it and then I think the other thing is that
and then I think the other thing is that
and then I think the other thing is that we really identified that this ephemeral
we really identified that this ephemeral
we really identified that this ephemeral thing was core to conversation and so if
thing was core to conversation and so if
thing was core to conversation and so if you want to have a conversation one of
you want to have a conversation one of
you want to have a conversation one of the best parts about it was that you
the best parts about it was that you
the best parts about it was that you were left with the memory but not
were left with the memory but not
were left with the memory but not necessarily a transcript and I think
necessarily a transcript and I think
necessarily a transcript and I think that that really drove the great feeling
that that really drove the great feeling
that that really drove the great feeling that you have when you you know share
that you have when you you know share
that you have when you you know share snaps with friends and they’re silly and
snaps with friends and they’re silly and
snaps with friends and they’re silly and you know not exactly perfect you know
you know not exactly perfect you know
you know not exactly perfect you know there was obviously a place for all
there was obviously a place for all
there was obviously a place for all these great photos that you wanted to
these great photos that you wanted to
these great photos that you wanted to save and keep and there wasn’t so much a
save and keep and there wasn’t so much a
save and keep and there wasn’t so much a place to have a conversation and I think
place to have a conversation and I think
place to have a conversation and I think you know there’s a nice balance with
you know there’s a nice balance with
you know there’s a nice balance with both and so I think we sort of filled
both and so I think we sort of filled
both and so I think we sort of filled maybe avoid the conversation void that
maybe avoid the conversation void that
maybe avoid the conversation void that was missing I’m obsessed with this idea
was missing I’m obsessed with this idea
was missing I’m obsessed with this idea of no standard terms so when we when we
of no standard terms so when we when we
of no standard terms so when we when we were first getting started and took took
were first getting started and took took
were first getting started and took took financing or our lawyers would take us
financing or our lawyers would take us
financing or our lawyers would take us through the documents and they’d say oh
through the documents and they’d say oh
through the documents and they’d say oh you don’t worry about it it’s all
you don’t worry about it it’s all
you don’t worry about it it’s all standard then at the time I’m like oh
standard then at the time I’m like oh
standard then at the time I’m like oh sure standard that’s great no no issues
sure standard that’s great no no issues
sure standard that’s great no no issues senator centers no problem and I’ve
senator centers no problem and I’ve
senator centers no problem and I’ve since learned that standard means either
since learned that standard means either
since learned that standard means either the person who’s walking through the
the person who’s walking through the
the person who’s walking through the documents doesn’t understand them or you
documents doesn’t understand them or you
documents doesn’t understand them or you could be getting taken advantage of so
could be getting taken advantage of so
could be getting taken advantage of so when someone says something standard
when someone says something standard
when someone says something standard just ask why and why and why and why
just ask why and why and why and why
just ask why and why and why and why until you really understand you know
until you really understand you know
until you really understand you know intricately I think how how the deal
intricately I think how how the deal
intricately I think how how the deal structured and so I I think the big
structured and so I I think the big
structured and so I I think the big thing that we took away from that is you
thing that we took away from that is you
thing that we took away from that is you know standard terms is a huge red flag
know standard terms is a huge red flag
know standard terms is a huge red flag and beyond that just afraid to just
and beyond that just afraid to just
and beyond that just afraid to just continue asking why thank you guys so
continue asking why thank you guys so
continue asking why thank you guys so much for watching I made this video
much for watching I made this video
much for watching I made this video because Prasad Marne or marnai I hope I
because Prasad Marne or marnai I hope I
because Prasad Marne or marnai I hope I got that okay ask me too so if there’s a
got that okay ask me too so if there’s a
got that okay ask me too so if there’s a famous entrepreneur that you want me to
famous entrepreneur that you want me to
famous entrepreneur that you want me to profile next leave it down in the
profile next leave it down in the
profile next leave it down in the comments below and I’ll see what I can
comments below and I’ll see what I can
comments below and I’ll see what I can do I also love to know which of the 10
do I also love to know which of the 10
do I also love to know which of the 10 rules had the biggest impact on you and
rules had the biggest impact on you and
rules had the biggest impact on you and why what change you’re going to make
why what change you’re going to make
why what change you’re going to make what was the most touching after
what was the most touching after
what was the most touching after watching this video what are you can
watching this video what are you can
watching this video what are you can apply to your life in your business
apply to your life in your business
apply to your life in your business leave it down in the comments and I will
leave it down in the comments and I will
leave it down in the comments and I will join in the discussion thank you guys so
join in the discussion thank you guys so
join in the discussion thank you guys so much for watching
much for watching
much for watching continue to believe or whatever you’re
continue to believe or whatever you’re
continue to believe or whatever you’re one where it is and I’ll see you soon
”
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