you know what they say though geeks be nice to them because you’ll probably end
nice to them because you’ll probably end
nice to them because you’ll probably end up working for one someday but just to
up working for one someday but just to
up working for one someday but just to be clear our top priority is to hire the
be clear our top priority is to hire the
be clear our top priority is to hire the most qualified person available right of
most qualified person available right of
most qualified person available right of course welcome to watchmojo.com it will
course welcome to watchmojo.com it will
course welcome to watchmojo.com it will be looking at the most interesting and
be looking at the most interesting and
be looking at the most interesting and groundbreaking facts surrounding
groundbreaking facts surrounding
groundbreaking facts surrounding startups and entrepreneurship
startups and entrepreneurship
startups and entrepreneurship while the term startup is often applied
while the term startup is often applied
while the term startup is often applied to innovative tech companies for this
to innovative tech companies for this
to innovative tech companies for this segment we’re defining them more broadly
segment we’re defining them more broadly
segment we’re defining them more broadly as any company in the early stages of
as any company in the early stages of
as any company in the early stages of development and operation that sounds
development and operation that sounds
development and operation that sounds good Peter and we’ll go ahead and get
good Peter and we’ll go ahead and get
good Peter and we’ll go ahead and get this all fixed up for you number five
this all fixed up for you number five
this all fixed up for you number five uber may be the most successful startup
uber may be the most successful startup
uber may be the most successful startup of all time and she just said I’m
of all time and she just said I’m
of all time and she just said I’m sending it over for you in 90 minutes
sending it over for you in 90 minutes
sending it over for you in 90 minutes this well-known app has revolutionized
this well-known app has revolutionized
this well-known app has revolutionized travel and is slowly and controversially
travel and is slowly and controversially
travel and is slowly and controversially putting taxi services out of business
putting taxi services out of business
putting taxi services out of business it’s hard to believe that only a few
it’s hard to believe that only a few
it’s hard to believe that only a few years ago this uber convenient concept
years ago this uber convenient concept
years ago this uber convenient concept was nothing more than an idea and he
was nothing more than an idea and he
was nothing more than an idea and he says no I’ve got an uber this was like
says no I’ve got an uber this was like
says no I’ve got an uber this was like three years ago I’ve got an uber I said
three years ago I’ve got an uber I said
three years ago I’ve got an uber I said what’s an uber a handful of lucky
what’s an uber a handful of lucky
what’s an uber a handful of lucky investors decided to buy into it and
investors decided to buy into it and
investors decided to buy into it and have made as much as 2,000 times their
have made as much as 2,000 times their
have made as much as 2,000 times their original investment in the first five
original investment in the first five
original investment in the first five years of business apparently the
years of business apparently the
years of business apparently the getting’s still good because in 2014
getting’s still good because in 2014
getting’s still good because in 2014 uber raised 1.2 billion dollars earning
uber raised 1.2 billion dollars earning
uber raised 1.2 billion dollars earning the accolade of largest funding round in
the accolade of largest funding round in
the accolade of largest funding round in start-up history critics charge that
start-up history critics charge that
start-up history critics charge that it’s eroding a well regulated industry
it’s eroding a well regulated industry
it’s eroding a well regulated industry and contributing to the hollowing out of
and contributing to the hollowing out of
and contributing to the hollowing out of the middle class
the middle class
the middle class either way the company’s progression
either way the company’s progression
either way the company’s progression should be a hell of a ride you know what
should be a hell of a ride you know what
should be a hell of a ride you know what I love about uber you don’t have to tip
I love about uber you don’t have to tip
I love about uber you don’t have to tip taxis man over changing the world and
taxis man over changing the world and
taxis man over changing the world and you own this car right it’s like a nice
you own this car right it’s like a nice
you own this car right it’s like a nice car
car
car yes ma’am number 4 Uganda is the world’s
yes ma’am number 4 Uganda is the world’s
yes ma’am number 4 Uganda is the world’s most entrepreneurial country I just came
most entrepreneurial country I just came
most entrepreneurial country I just came I had no desire really to work in any of
I had no desire really to work in any of
I had no desire really to work in any of the companies I found here so I decided
the companies I found here so I decided
the companies I found here so I decided to start my own approximately one in
to start my own approximately one in
to start my own approximately one in four Ugandan ‘s have their own business
four Ugandan ‘s have their own business
four Ugandan ‘s have their own business making it the country with the highest
making it the country with the highest
making it the country with the highest entrepreneurship per capita while that
entrepreneurship per capita while that
entrepreneurship per capita while that rate is significantly higher than
rate is significantly higher than
rate is significantly higher than startup hubs such as Silicon Valley this
startup hubs such as Silicon Valley this
startup hubs such as Silicon Valley this doesn’t necessarily mean that it’s a
doesn’t necessarily mean that it’s a
doesn’t necessarily mean that it’s a great place to start your new business
great place to start your new business
great place to start your new business becoming self-employed may be a dream
becoming self-employed may be a dream
becoming self-employed may be a dream for some wide-eyed entrepreneurs in the
for some wide-eyed entrepreneurs in the
for some wide-eyed entrepreneurs in the West but it’s more or less the only
West but it’s more or less the only
West but it’s more or less the only option for many Ugandan as well as for
option for many Ugandan as well as for
option for many Ugandan as well as for those in other developing countries due
those in other developing countries due
those in other developing countries due to Allah
to Allah
to Allah of employment opportunities when all
of employment opportunities when all
of employment opportunities when all else fails having an idea or skill and
else fails having an idea or skill and
else fails having an idea or skill and starting a business may just be the best
starting a business may just be the best
starting a business may just be the best way to put food on the table right now I
way to put food on the table right now I
way to put food on the table right now I have 72 claims 90% of our clients always
have 72 claims 90% of our clients always
have 72 claims 90% of our clients always come back for their four nine number
come back for their four nine number
come back for their four nine number three open offices may not be all
three open offices may not be all
three open offices may not be all they’re cracked up to be
for many the days of dreary offices and
for many the days of dreary offices and boring old cubicles are a thing of the
boring old cubicles are a thing of the
boring old cubicles are a thing of the past companies such as Google Yahoo and
past companies such as Google Yahoo and
past companies such as Google Yahoo and eBay popularized open off the spaces in
eBay popularized open off the spaces in
eBay popularized open off the spaces in recent years and haven’t looked back
recent years and haven’t looked back
recent years and haven’t looked back since
since
since while these layouts are said to increase
while these layouts are said to increase
while these layouts are said to increase communication and creativity research
communication and creativity research
communication and creativity research suggests they may also make it
suggests they may also make it
suggests they may also make it excruciatingly Li hard to focus a 2011
excruciatingly Li hard to focus a 2011
excruciatingly Li hard to focus a 2011 study by the university of leeds found
study by the university of leeds found
study by the university of leeds found that increased interruptions reduced
that increased interruptions reduced
that increased interruptions reduced concentration and even a lack of
concentration and even a lack of
concentration and even a lack of motivation are all symptoms of open
motivation are all symptoms of open
motivation are all symptoms of open office layouts now are you going to go
office layouts now are you going to go
office layouts now are you going to go ahead and have those TPS reports for us
ahead and have those TPS reports for us
ahead and have those TPS reports for us this afternoon no we’re not saying
this afternoon no we’re not saying
this afternoon no we’re not saying there’s a one-size-fits-all strategy for
there’s a one-size-fits-all strategy for
there’s a one-size-fits-all strategy for office space but maybe just for once
office space but maybe just for once
office space but maybe just for once Google doesn’t have all the answers
Google doesn’t have all the answers
Google doesn’t have all the answers excuse me
excuse me
excuse me excuse me but okay it’s gonna throw
excuse me but okay it’s gonna throw
excuse me but okay it’s gonna throw number two troublemakers make great
number two troublemakers make great
number two troublemakers make great entrepreneurs the real question is this
entrepreneurs the real question is this
entrepreneurs the real question is this was all this legal absolutely not
was all this legal absolutely not
was all this legal absolutely not do you have trouble following the rules
do you have trouble following the rules
do you have trouble following the rules an addictive personality and a penchant
an addictive personality and a penchant
an addictive personality and a penchant for antisocial behavior a career in
for antisocial behavior a career in
for antisocial behavior a career in startups may be just the thing for you
startups may be just the thing for you
startups may be just the thing for you our super rat algorithm searches all
our super rat algorithm searches all
our super rat algorithm searches all your texts calls banking medical records
your texts calls banking medical records
your texts calls banking medical records blah blah blah research has determined
blah blah blah research has determined
blah blah blah research has determined that there are specific character traits
that there are specific character traits
that there are specific character traits common among successful entrepreneurs
common among successful entrepreneurs
common among successful entrepreneurs we’re a new company with a new name
we’re a new company with a new name
we’re a new company with a new name a company that our clients can believe
a company that our clients can believe
a company that our clients can believe in well it’s no surprise that these
in well it’s no surprise that these
in well it’s no surprise that these individuals tend to have a high IQ other
individuals tend to have a high IQ other
individuals tend to have a high IQ other common traits include an above-average
common traits include an above-average
common traits include an above-average frequency of rule-breaking and
frequency of rule-breaking and
frequency of rule-breaking and displaying antisocial or aggressive
displaying antisocial or aggressive
displaying antisocial or aggressive behavior as a teenager so it says here
behavior as a teenager so it says here
behavior as a teenager so it says here that you’re proficient in C++ code
that you’re proficient in C++ code
that you’re proficient in C++ code assembly for multiple processor
assembly for multiple processor
assembly for multiple processor architectures and that you are a cyborg
architectures and that you are a cyborg
architectures and that you are a cyborg that is correct these same individuals
that is correct these same individuals
that is correct these same individuals are also likely to display symptoms of
are also likely to display symptoms of
are also likely to display symptoms of addiction and have substance abuse
addiction and have substance abuse
addiction and have substance abuse issues we like to get as step as
issues we like to get as step as
issues we like to get as step as possible during our business powwows in
possible during our business powwows in
possible during our business powwows in order to stimulate our free-flowing
order to stimulate our free-flowing
order to stimulate our free-flowing ideas some psychologists have even
ideas some psychologists have even
ideas some psychologists have even postulated that entrepreneurship itself
postulated that entrepreneurship itself
postulated that entrepreneurship itself becomes addictive for those who are
becomes addictive for those who are
becomes addictive for those who are repeatedly starting new businesses
repeatedly starting new businesses
repeatedly starting new businesses there’s nothing scary about gryzzl I
there’s nothing scary about gryzzl I
there’s nothing scary about gryzzl I mean we just want to learn everything
mean we just want to learn everything
mean we just want to learn everything about everyone and track them wherever
about everyone and track them wherever
about everyone and track them wherever they go
they go
they go and anticipate what they’re about to do
and anticipate what they’re about to do
and anticipate what they’re about to do number one your great idea will probably
number one your great idea will probably
number one your great idea will probably fail I had three starves myself and I
fail I had three starves myself and I
fail I had three starves myself and I couldn’t get those Sandhill Road morons
couldn’t get those Sandhill Road morons
couldn’t get those Sandhill Road morons to fund any of them so just how hard is
to fund any of them so just how hard is
to fund any of them so just how hard is it to build a successful business
it to build a successful business
it to build a successful business probably a whole lot harder than you’d
probably a whole lot harder than you’d
probably a whole lot harder than you’d think
think
think that is why I am starting my own
that is why I am starting my own
that is why I am starting my own architecture firm most BS designs most
architecture firm most BS designs most
architecture firm most BS designs most pious designs has failed
pious designs has failed
pious designs has failed research shows that 9 out of 10 startups
research shows that 9 out of 10 startups
research shows that 9 out of 10 startups will eventually fail the sad truth is
will eventually fail the sad truth is
will eventually fail the sad truth is that your great idea is probably not
that your great idea is probably not
that your great idea is probably not that great to begin with according to
that great to begin with according to
that great to begin with according to Fortune magazine the number-one reason
Fortune magazine the number-one reason
Fortune magazine the number-one reason businesses go under is that they’re
businesses go under is that they’re
businesses go under is that they’re making a product or offering a service
making a product or offering a service
making a product or offering a service that no one actually wants so you just
that no one actually wants so you just
that no one actually wants so you just you just write down what section of the
you just write down what section of the
you just write down what section of the parking lot you’re I mean quite eating
parking lot you’re I mean quite eating
parking lot you’re I mean quite eating an app for that so you can remember
an app for that so you can remember
an app for that so you can remember where you parked before you go all in on
where you parked before you go all in on
where you parked before you go all in on that
that
that new app that nobody really asked for you
new app that nobody really asked for you
new app that nobody really asked for you may want to take a hard look at the
may want to take a hard look at the
may want to take a hard look at the numbers first I would like you to crunch
numbers first I would like you to crunch
numbers first I would like you to crunch those numbers again it’s a program
those numbers again it’s a program
those numbers again it’s a program there’s no such thing as crunching just
there’s no such thing as crunching just
there’s no such thing as crunching just crunching please new companies in the
crunching please new companies in the
crunching please new companies in the information transportation communication
information transportation communication
information transportation communication and utilities industries tend to have
and utilities industries tend to have
and utilities industries tend to have the highest failure rates on the other
the highest failure rates on the other
the highest failure rates on the other hand while they may not be the sexiest
hand while they may not be the sexiest
hand while they may not be the sexiest industries finance insurance and real
industries finance insurance and real
industries finance insurance and real estate startups have statistically had
estate startups have statistically had
estate startups have statistically had the highest success rates in recent
the highest success rates in recent
the highest success rates in recent years so you may want to start there
years so you may want to start there
years so you may want to start there that is the worst idea I’ve ever heard
that is the worst idea I’ve ever heard
that is the worst idea I’ve ever heard in my life Tom yes this is horrible
in my life Tom yes this is horrible
in my life Tom yes this is horrible you said yeah so what do you think about
you said yeah so what do you think about
you said yeah so what do you think about uber how many people here have used uber
uber how many people here have used uber
uber how many people here have used uber so far and who do you think broke more
so far and who do you think broke more
so far and who do you think broke more rules growing up Steve Jobs or Mark
rules growing up Steve Jobs or Mark
rules growing up Steve Jobs or Mark Zuckerberg for more self-made top 10s
Zuckerberg for more self-made top 10s
Zuckerberg for more self-made top 10s and bound to fail top fives be sure to
and bound to fail top fives be sure to
and bound to fail top fives be sure to subscribe to watchmojo.com I’m gonna
subscribe to watchmojo.com I’m gonna
subscribe to watchmojo.com I’m gonna have to ask you to go ahead and just
have to ask you to go ahead and just
have to ask you to go ahead and just come back another time I got a meeting
come back another time I got a meeting
come back another time I got a meeting with the Bob’s in a couple of minutes
”
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