I really want to ask like as a mentor, as an investor
How, what would be the
The elements for you, to choose somebody to work with
Let's say that personality that proactive taught you
Yeah
Okay
By far the single most important thing is teachability
Will they listen if someone who might know more of them says some should be different?
I guarantee you, virtually every investor I know
if you come across as stubborn or unwilling to change your views
in the face of maybe someones informed opinion. It's over, nothing's going to happen
It makes perfect sense too
Whether you're in school or work, even playing a game with somebody
you know, if you're really stubborn and it has to be your way and I say my way or the highway
it doesn't work that way
It's not how the world works
Community's function through cooperation not through having a position sticking to it
no matter what
That's the biggest thing
Then after that, you want to see, are they clear and concise about
Again, the problem they're trying to solve in the solution, they think will solve it
What is the demand like in the market?
How much do people really want this problem solved?
Competitors. Who else is doing it?
It's unlikely that nobody else is trying to solve the problem you're trying to solve
Because there's so many people doing so many things
A lot of folks think no one else is doing this
If I hear that it's over
because I guarantee you, just because you don't know about it
Doesn't mean it isn't happening
A lot of things happen in stealth
and you're never going to know until it comes to market
So you should always assume others are doing it
You have to be on, you have to be the best
at what you're trying to do to survive the threat, they might represent
And then I would say the clarity about how realistic are you
about the actual process involved in developing your solution
That's the start to finish
So it's problem, you're trying to solve
The solution, you're trying to do with. Who else is doing it?
What's the qualification of the team that you've assembled around you
even if it's just you
And then how much time and money and risk will it involve to get to some stage of?
Here's what we're trying to do.
We think it works well enough
Please give it a try
Do some beta testing, get the feedback and improve it and then get ready to release
I feel like what we normally call a coachable, right?
Exactly, same thing, same thing
Yeah, coachable makes it become more like a broader
because sometimes it's not about right or wrong
It is about like, let's open another perspective and - right - do something about it
if not why we need to be here together, right?
So if someone gives some perspective or helps you to have another perspective
let's do something about it to test it out and co-create that journey
right? So, it's really two things
Is someone willing to listen to somebody else's opinion??
And are they willing to admit?
They don't know at all themselves?
That's a big, that's a big one
That's a lot. We call them know-it-alls, lots of know-it-alls out there
Even I've been accused of being a know-it-all but I think that's wrong
I feel like it is the same
Maybe the same as but I would look at it as somebody
who's partly honest enough with themselves to know that where they are now
what they want to do and whether they want to go
and then there's somebody who co-creates the journey with them
and they should make the best out of that instead of sticking to the previous patterns
Otherwise there's no reason to actually having somebody else to co-create the journey