prove it if you’ve got a great idea for a new product or service you think will
a new product or service you think will
a new product or service you think will change the world you have to prove it
change the world you have to prove it
change the world you have to prove it you’ve got to prove that what you’re
you’ve got to prove that what you’re
you’ve got to prove that what you’re saying is right that what your idea is
saying is right that what your idea is
saying is right that what your idea is is going to work and if that happens
is going to work and if that happens
is going to work and if that happens you’re going to get customers you’re
you’re going to get customers you’re
you’re going to get customers you’re going to get media attention you get
going to get media attention you get
going to get media attention you get investors you’re going to get potential
investors you’re going to get potential
investors you’re going to get potential acquisition targets from companies
acquisition targets from companies
acquisition targets from companies they’re going to want to be a part of
they’re going to want to be a part of
they’re going to want to be a part of you because it works but if all you have
you because it works but if all you have
you because it works but if all you have is a theory or an idea it’s not going to
is a theory or an idea it’s not going to
is a theory or an idea it’s not going to take off you need to prove it I got a
take off you need to prove it I got a
take off you need to prove it I got a question from one of my youtube viewers
question from one of my youtube viewers
question from one of my youtube viewers love you guys sreenivas i hope i
love you guys sreenivas i hope i
love you guys sreenivas i hope i pronounced that properly saying evan
pronounced that properly saying evan
pronounced that properly saying evan thanks for your videos I got an idea
thanks for your videos I got an idea
thanks for your videos I got an idea what you can bring the email concept to
what you can bring the email concept to
what you can bring the email concept to the next level and I can contribute in
the next level and I can contribute in
the next level and I can contribute in many ways I want to sell this thing to
many ways I want to sell this thing to
many ways I want to sell this thing to Google hotmail yahoo i don’t know how to
Google hotmail yahoo i don’t know how to
Google hotmail yahoo i don’t know how to approach them thanks in advance you got
approach them thanks in advance you got
approach them thanks in advance you got to prove it you got to prove that this
to prove it you got to prove that this
to prove it you got to prove that this thing works the best thing you can do is
thing works the best thing you can do is
thing works the best thing you can do is go out build some kind of application I
go out build some kind of application I
go out build some kind of application I can sit on top of gmail or yahoo or
can sit on top of gmail or yahoo or
can sit on top of gmail or yahoo or hotmail that proves that your concept of
hotmail that proves that your concept of
hotmail that proves that your concept of email works there’s a couple that I’ve
email works there’s a couple that I’ve
email works there’s a couple that I’ve used I could get the name of it now a
used I could get the name of it now a
used I could get the name of it now a boomerang is one that I’ve used so
boomerang is one that I’ve used so
boomerang is one that I’ve used so boomerang is a tool that lets you send
boomerang is a tool that lets you send
boomerang is a tool that lets you send email later so I could create an email
email later so I could create an email
email later so I could create an email and I don’t want it to send right now
and I don’t want it to send right now
and I don’t want it to send right now but I wanted to send next week in two
but I wanted to send next week in two
but I wanted to send next week in two hours next month I can send it to myself
hours next month I can send it to myself
hours next month I can send it to myself I can send it to whoever i’m emailing
I can send it to whoever i’m emailing
I can send it to whoever i’m emailing and it’s an add-on tool that you can
and it’s an add-on tool that you can
and it’s an add-on tool that you can build into gmail I don’t know if they’ve
build into gmail I don’t know if they’ve
build into gmail I don’t know if they’ve done it for the outlook hotmail you need
done it for the outlook hotmail you need
done it for the outlook hotmail you need to start building momentum whatever your
to start building momentum whatever your
to start building momentum whatever your idea is for email is great but you need
idea is for email is great but you need
idea is for email is great but you need to start building something that shows
to start building something that shows
to start building something that shows that it works and you can use the
that it works and you can use the
that it works and you can use the existing infrastructure and build on top
existing infrastructure and build on top
existing infrastructure and build on top of those companies email clients to
of those companies email clients to
of those companies email clients to start building traction you need to show
start building traction you need to show
start building traction you need to show people want to use this that they’re
people want to use this that they’re
people want to use this that they’re getting real results from it that people
getting real results from it that people
getting real results from it that people would hopefully be willing to pay for a
would hopefully be willing to pay for a
would hopefully be willing to pay for a premium package of this when you do that
premium package of this when you do that
premium package of this when you do that you start getting interest from the
you start getting interest from the
you start getting interest from the meeting you start getting into some
meeting you start getting into some
meeting you start getting into some investors and companies like Google
investors and companies like Google
investors and companies like Google Yahoo Hotmail whoever will be just and
Yahoo Hotmail whoever will be just and
Yahoo Hotmail whoever will be just and potentially buying you here’s the thing
potentially buying you here’s the thing
potentially buying you here’s the thing that happens okay when a company wants
that happens okay when a company wants
that happens okay when a company wants to acquire a business usually what
to acquire a business usually what
to acquire a business usually what they’ll do is to look at if it’s
they’ll do is to look at if it’s
they’ll do is to look at if it’s technology company they look at their
technology company they look at their
technology company they look at their their CTO to look at their chief
their CTO to look at their chief
their CTO to look at their chief technology officer and I say how long
technology officer and I say how long
technology officer and I say how long will it take to do this this is what I
will it take to do this this is what I
will it take to do this this is what I had to get into when i sold my software
had to get into when i sold my software
had to get into when i sold my software company ok the the company that bought
company ok the the company that bought
company ok the the company that bought us basically looked at their own
us basically looked at their own
us basically looked at their own department said how long will it take us
department said how long will it take us
department said how long will it take us to do what they’ve done to do what my
to do what they’ve done to do what my
to do what they’ve done to do what my company did both in terms of creating
company did both in terms of creating
company did both in terms of creating the technology and getting the customer
the technology and getting the customer
the technology and getting the customer acquisition and the time to market how
acquisition and the time to market how
acquisition and the time to market how long will it take us to replicate it it
long will it take us to replicate it it
long will it take us to replicate it it may take six months and may take them a
may take six months and may take them a
may take six months and may take them a year may take two years then they put a
year may take two years then they put a
year may take two years then they put a value on that ok it’s going to take us
value on that ok it’s going to take us
value on that ok it’s going to take us you know six months and X amount of
you know six months and X amount of
you know six months and X amount of dollars so that to us is going to cost
dollars so that to us is going to cost
dollars so that to us is going to cost this amount of money this is how much we
this amount of money this is how much we
this amount of money this is how much we can afford to grow it and acquire the
can afford to grow it and acquire the
can afford to grow it and acquire the company for that’s the decision so for
company for that’s the decision so for
company for that’s the decision so for you to get your lead for you to get
you to get your lead for you to get
you to get your lead for you to get interest you have to get some good
interest you have to get some good
interest you have to get some good technology that works and you’ve got to
technology that works and you’ve got to
technology that works and you’ve got to get people using it you got to get some
get people using it you got to get some
get people using it you got to get some momentum with it and quite often it’s
momentum with it and quite often it’s
momentum with it and quite often it’s going to be the company who’s not number
going to be the company who’s not number
going to be the company who’s not number one this is the biggest mistake that
one this is the biggest mistake that
one this is the biggest mistake that I’ve ever made in my business ever in my
I’ve ever made in my business ever in my
I’ve ever made in my business ever in my business career this was my single
business career this was my single
business career this was my single biggest mistake was I targeted the wrong
biggest mistake was I targeted the wrong
biggest mistake was I targeted the wrong company I knew that I wanted to get my
company I knew that I wanted to get my
company I knew that I wanted to get my company sold there was a lot of
company sold there was a lot of
company sold there was a lot of acquisitions happening in my industry
acquisitions happening in my industry
acquisitions happening in my industry and I knew it was time to sell it and I
and I knew it was time to sell it and I
and I knew it was time to sell it and I went after the number one company in
went after the number one company in
went after the number one company in nutrient when I said the top player so
nutrient when I said the top player so
nutrient when I said the top player so for you would be going after gmail right
for you would be going after gmail right
for you would be going after gmail right of the 3g males the biggest it’s going
of the 3g males the biggest it’s going
of the 3g males the biggest it’s going after google the number one guy rarely
after google the number one guy rarely
after google the number one guy rarely is interested in acquiring to grow
is interested in acquiring to grow
is interested in acquiring to grow because already at the top the company
because already at the top the company
because already at the top the company ended up being the biggest player in my
ended up being the biggest player in my
ended up being the biggest player in my space that I completely ignored was the
space that I completely ignored was the
space that I completely ignored was the number four player they raised a huge
number four player they raised a huge
number four player they raised a huge fund they raised eight hundred million
fund they raised eight hundred million
fund they raised eight hundred million dollars to grow it and start buying
dollars to grow it and start buying
dollars to grow it and start buying companies and they talk to us they talk
companies and they talk to us they talk
companies and they talk to us they talk to me about my company and I was one of
to me about my company and I was one of
to me about my company and I was one of two finalists and they end up buying my
two finalists and they end up buying my
two finalists and they end up buying my biggest competitor for 40 million
biggest competitor for 40 million
biggest competitor for 40 million dollars and that could have been me if I
dollars and that could have been me if I
dollars and that could have been me if I was more prepared I was geared towards a
was more prepared I was geared towards a
was more prepared I was geared towards a different company so if you want to get
different company so if you want to get
different company so if you want to get bought out think about who’s trying to
bought out think about who’s trying to
bought out think about who’s trying to challenge gmail who’s trying to
challenge gmail who’s trying to
challenge gmail who’s trying to challenge hotmail yahoo who wants a
challenge hotmail yahoo who wants a
challenge hotmail yahoo who wants a leapfrog over them
leapfrog over them
leapfrog over them and take your technology and taking your
and take your technology and taking your
and take your technology and taking your customers to help them gain an edge
customers to help them gain an edge
customers to help them gain an edge those are the guys who are going to pay
those are the guys who are going to pay
those are the guys who are going to pay big money for you but you’ve got to
big money for you but you’ve got to
big money for you but you’ve got to prove it first nobody is going to buy
prove it first nobody is going to buy
prove it first nobody is going to buy you out of just an idea and for those
you out of just an idea and for those
you out of just an idea and for those you watching you have a technology
you watching you have a technology
you watching you have a technology concept you have any idea to grow a
concept you have any idea to grow a
concept you have any idea to grow a business people will not pay attention
business people will not pay attention
business people will not pay attention unless you’ve got some traction you
unless you’ve got some traction you
unless you’ve got some traction you prove it when I was in the VC world I
prove it when I was in the VC world I
prove it when I was in the VC world I got business plans thrown at me tons of
got business plans thrown at me tons of
got business plans thrown at me tons of business plans people wanted funding
business plans people wanted funding
business plans people wanted funding people wanted us to help them build the
people wanted us to help them build the
people wanted us to help them build the business and get acquired if all you had
business and get acquired if all you had
business and get acquired if all you had was an idea your idea was getting thrown
was an idea your idea was getting thrown
was an idea your idea was getting thrown in the garbage can you had to have
in the garbage can you had to have
in the garbage can you had to have momentum and traction needed to have
momentum and traction needed to have
momentum and traction needed to have some customers you didn’t have to be
some customers you didn’t have to be
some customers you didn’t have to be making a lot of money but proved to me
making a lot of money but proved to me
making a lot of money but proved to me that somebody’s willing to buy what you
that somebody’s willing to buy what you
that somebody’s willing to buy what you have one person even if one person
have one person even if one person
have one person even if one person bought where you had you’d be ahead of
bought where you had you’d be ahead of
bought where you had you’d be ahead of ninety percent of the companies that we
ninety percent of the companies that we
ninety percent of the companies that we saw get some momentum get some traction
saw get some momentum get some traction
saw get some momentum get some traction prove that your idea is working even on
prove that your idea is working even on
prove that your idea is working even on a small scale and then you become an
a small scale and then you become an
a small scale and then you become an interesting acquisition target
interesting acquisition target
interesting acquisition target investment target customer target media
investment target customer target media
investment target customer target media target and so on you got to prove it
target and so on you got to prove it
target and so on you got to prove it believe those are you watching you liked
believe those are you watching you liked
believe those are you watching you liked the video please give it a thumbs up
the video please give it a thumbs up
the video please give it a thumbs up below it always makes want to do more
below it always makes want to do more
below it always makes want to do more for you and leave a comment below let me
for you and leave a comment below let me
for you and leave a comment below let me know what you think you like the video
know what you think you like the video
know what you think you like the video you didn’t leave it below you got a
you didn’t leave it below you got a
you didn’t leave it below you got a question for your company on make your
question for your company on make your
question for your company on make your video response leave it in the comments
video response leave it in the comments
video response leave it in the comments below thank you so much and I’ll see you
below thank you so much and I’ll see you
below thank you so much and I’ll see you soon
”
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