Outlier On Air | Founders, Disruptors, & Mavens

"The magic answers to success are buried in the brains of the customer" -John Richards

This interview is all about the things that investors are wishing you knew. Are you asking the right questions to get legitimate customer validation? John walks us through specific strategies to get it right. Are you solving a problem in the world that is a monetizable pain? Listen to this podcast and ask yourself some hard questions; You will be glad you did.

Highlights:

  • Customer Validation
  • Seed Funds
  • Angel Investors
  • Accelerators
  • MVP (Minimum Viable Product)
  • How to ask the right questions for validation
  • Token validation vs. legitimate

Take Aways

"Iteratively extracting customer sediment is essential to actual optimal customer validation and the development of a great business model."

"A lot of success comes from good old fashion sales."

"The act of parting with money is the ultimate validation!"

"If investors are not interested in your idea, it's because you have not shown them any traction and you have not properly communicated your vision."

-John Richards

Connect With John:

LinkedIn

 

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Direct download: 119_John_Richards_-_Avoiding_Common_Blunders.mp3
Category:Business -- posted at: 1:29am MDT

"Hey, closed mouths do not get fed"

I think he just said that "Gary Vaynerchuck is the Jay-Z or the Puffy of the media world." This is a fun energetic listen that really gives some great insight to finding mentors and making introductions,  even if you are not an entrepreneur in the music business. James shares with Melinda how hard it was to let go of his great corporate job with Random House and how he has learned from people he never thought he could meet.

Highlights:

  • How to make introductions
  • Startup Weekend
  • Random House, Inc
  • Hip Hop & Tech
  • Putting things out to the world

Take Away

"One of my biggest failures in life was believing in myself. Believing in my abilities and believing that I could figure it out." -James Lopez

"Hey, the world is yours and it's really up to you with what you do with it" -James Lopez

"That's always the next step, how to you expand the foundation." - James Lopez

References:

SXSW

Connect With James:

Email
Website
Twitter

Blog
Event

If you enjoy Outlier On Air, please Subscribe & Review on iTunes or Stitcher

ARE YOU WANTING TO START YOUR OWN PODCAST? DO WHAT WE DID. JOIN THE COMMUNITY THAT WILL TEACH YOU ALL YOU NEED TO KNOW TO START, GROW AND MONETIZE FROM TOP PERFORMING PODCASTER JOHN LEE DUMAS. CLICK HERE FOR 10% OFF YOUR ONE-TIME ENROLLMENT.

Direct download: 118_James_Lopez_-_Buliding_a_Supporting_Cast_of_Mentors.mp3
Category:Business -- posted at: 11:14pm MDT

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