you
my name is Evan Luthor I’m 22 years old
I started my first business when I was
12 years old I didn’t plan as at the
business but I just went to it I built
about 30 companies before I had my first
exit when I was 17 and I made a few
million of that well I always have and
always will be ready to listen to wise
counsel I refuse to listen to people who
have limiting beliefs and want to limit
others before I begin sharing my
experience about my journey from being a
struggling in a waiter to an
entrepreneur I would just like to share
that the technology available to us
today is is really changing not only
changing the world but it’s making a
huge impact on the economy of the
current world for example the largest
IPO for 2017 was snapchat for twenty
four billion dollars this company went
to IPO in six years of operation it took
banks like American Express Bank of
America Wells Fargo or 150 years to
reach that value these numbers aren’t
just in evidence of my belief in
creating technology for the betterment
of the world but is also clear-eyed
education of how the world bows down to
the success of technology companies the
banks F and F M G C companies and gas
companies are competing very hard to be
at the same level as tech companies if
you look at the last ten years the five
biggest companies are all tech Apple
Microsoft Facebook Amazon Google Google
owned three times the revenue of a
American Express which is a company
that’s 150 years old today some of the
biggest companies are literally living
on your iPhone
uber is a 50 billion or a company Airbnb
is a 30 billion or a company it sells
you rooms online but doesn’t in a single
room and it’s worth more than Hilton and
Starwood Hotels combined the tech
industry is very very new globally but
at the rate it’s growing its unmatched
over the past seven years I’ve built
over 50 different tech companies a lot
of them have failed but the ones that
have worked have generated over 200
million dollars in value in under two
years this was unseen or unheard of
before the technological revolution
journey the audience I’m talking to is
in the development stage of the
companies they’ve already started
something and our wanting to build
something more but here I see it’s a lot
of young
so I want to keep it very simple and
just discuss entrepreneurship at initial
stages I listen to new ideas in a daily
basis where budding innovators
approached me for guidance they know
investment and let me tell you it is
amazing and very satisfying to listen to
these people and feel a part of their
idea the spark I see in their eyes when
they are pitching me their companies
makes me feel that I’m gonna be a part
of a phenomenon that could be playing a
game-changing role in this world and so
I always listen to every idea like it be
the next snapshot the next Facebook the
starting point of anything really is an
idea and everything you see around
yourself your clothes your watches your
phones your cars is an expression of
someone’s idea and they got paid huge
sums of money for it to build that idea
the advantages with humans that we are
creative by nature using imagination and
coming up with ideas is our most
important capability but somehow with a
busy lives it gets lost think about the
time when we were all children we used
to be thinking about new things all the
time having fun coming up with ideas and
always questioned everything what does
this work like that
fast-forward a few years and your brains
become so occupied with the surviving
this tough fold that imagination takes a
backseat and ideas stop flowing
I can saved a lot of confidence at some
point all of us must have had a great
idea but we either ignored it or got too
busy let it die and miss the opportunity
to have created something that could
have been beneficial to the whole world
and I strongly believe ideas should be
trusted not treasure not suppressed they
should be looked at as magnificent
jewels not throwaway stones when you
land on a concept and think to yourself
wow this is a great idea let me build
something with it don’t don’t let just
don’t let your thoughts be crowded and
come Wow
what time to have to be the next meeting
or what I’m gonna wear the next party
put some effort into realizing the
values of your idea scrap the door of
them and think of them as you remaining
for gold it takes time to uncover a
great idea and bring it to fruition
I remember that I simply started by
collecting news and started a blog my
blog picked up eventually
hundreds of thousands of readers and I
got a lot of followers and turn it into
a business I had no idea that I I don’t
have any intention of making money from
it it was just something I was very
passionate about and I loved learning
about technology and that passion set me
up onto the path where I am today
so following your passion will never
disappoint you you might just discover a
new way and a new lifestyle from it if
someone else can draw up a
world-changing or a life-changing idea
why can’t you many of us have been
taught from a young age to be humble if
humanity means you don’t see yourself or
your ideas having the potential to be of
value to other people then not only have
you restricted the value to yourself but
you’ve also robbed other people of the
potential value of your ideas between my
career and my volunteer activities I’ve
traveled to every corner of the world
and I met with people from diverse
backgrounds different age group
personally have spent my life being with
people one thing I’ve noticed
consistently is that people doubt
themselves a lot they seem to think that
the great idea always comes from
somebody else what made the other person
so special that he had the great idea
and not you often it was simply the
desire to carry the idea through
flirtation and why does one person
create and bring an idea to a business
while the former that does not in order
to actualize your ideas we have to
believe in our ideas it is of the utmost
importance that whenever you have
whenever you feel that is something you
thought of don’t restrict yourself from
thinking about it or just discussing
about it with other people it could be
the next big thing for the idea and see
where it takes you think it imagine what
well great things you would get access
to if the money the recognition the
feeling of success if you actually
actually came about to be something only
about one person with the people have
the courage to take risk the
entrepreneurial risk 99% of the people
are always going to look for security in
a job which only means a life of paying
bills in mediocrity and the most
important thing I just discovered about
courage is that in entrepreneurship we
have to take the steps first and courage
will follow take a stand and make a
choice just decide what it’s going to be
stick with it who you want to be how
you’re going to do and what you’re going
to do without that you may just want to
find yourself becoming unsatisfied
unfulfilled and becoming an old man and
looking at some 20 year old kid making
millions of dollars and you’ll be it’ll
be extremely hard to find happiness in
95 job look at your life right now
whatever you’ve done until this point of
time is working whatever you have put
effort into whatever you produce a
result of your choices and your
consciousness now you have to ask is
that all you want
would you like things to be better for
yourself what really stops people from
being successful as they have so many
barriers so many obstacles to overcome
that they never really get success
either they can’t see it or at some
point they thought they saw it but then
they get busy pursuing the one shot and
don’t get me wrong I’m not saying that
you don’t need it or don’t want it but
just don’t want it bad enough just think
about how many how much time have you
invested in yourself over the last month
or the last three months and something
that will make you better like working
out learning something new maybe reading
a book the desire to win has to be
stronger than the desire to Party the
desire to sleep the desire to be secure
don’t be afraid of failure rather view
the concept of failure in a new way
redefine the meaning of the word I do
not like the saying what would you do if
you knew you could not fail now if
you’re someone who will be satisfied
with a small measure of success it might
be a good way to look at things but if
you want to be phenomenally successful I
challenge you to a new way of thinking
do not fear failure learn from it
because failure is not an option is
naive failure is not optional it’s much
closer to the truth
according to best-selling probably be
consulted and it’s Whateley failure is
something we can avoid only by saying
nothing doing nothing and being nothing
believe it or not I’ve built over 30
different companies before I saw my
first company all the other companies
failed but I learned something from them
that how you can build the next one
better dare to try new things or all
things in new creative ways and some may
say you’re crazy
have you ever noticed how many people
laugh at new ideas until they see the
person behind them
tons of money I challenge you to listen
to the voice inside to you that tells
you to be moved forward boldly some of
your attempts may not bring the results
you want not all roads lead to the
destination but you have to be willing
to take a detour build a bridge or plow
through a mountain the entrepreneurial
muscles you will bring build in this
timeline will actually set you up for
your future end divorce my dad started a
call center in India he bought 200
computers but the business went bust in
the first two months I when I was 12
years old I used to go to his office and
play with his computers I was very
interested I probably blew up a bunch of
computers I’ve raced about 50 computers
through experimenting I try to build
supercomputers try to harness the power
of the chips I got really interested I
am where I am today because one of my
father’s businesses didn’t work out the
way I’d hoped in planned
I learned special life’s lessons from
but notice very carefully I said one of
his businesses failed not him because he
was not a failure what he is my father
has proven time and time again to me
that he’s a winner because he taught me
by example that our problems are our
teachers winners always keep going they
don’t let failure stop them most of us
just live in a quiet desperation and
goes through life living in a comfort
zone never actually taking the
initiative which brings me to by an
exponent folk focus and that is to begin
I sincerely know that most of us have
ideas and have dreamed of starting a new
thing making a lot of money but we’re
not sure how to take the first step and
it seems such a huge of a task that even
before starting people just gave up it’s
the fear the anxiety and the stress and
the motive what is required for an idea
to become a reality that that puts most
people down but let me share a simple
shirt that should allow you to get over
this fear and start something new and
big that you would be proud of
simply start taking baby steps fix the
time of the day you want to work and
just 5 to 15 minutes a day for the first
three weeks and will become a habit you
know when you when you guys write paper
you always procrastinate still the last
minute you must have an assignment you
know where to try and do it until the
last minute that’s how most of us are
living these days
is the same thing but once you start
writing that paper your thoughts start
kicking in and your imagination starts
flowing and you just realize just finish
the paper before the deadline it becomes
autopilot and it’s the same it’s the
same when it comes to entrepreneurship
and outside it will be amazed to see
you’re doing so much and just wonder how
you’re doing it people are always asking
me how am i running so many businesses
at the same time but they will never
know as they’ve never indulged
themselves even trying something and
they’ve never actually made a start all
that I have to be to be able to be not
to be a part of the crowd is just begin
entrepreneurship is mostly about
stepping out of the comfort zone and
winning I’m not waiting for something
special to happen to you be unshakable
in your belief in yourself if you have
an idea or get one in the future
don’t waste your time contemplating or
doubting yourself doubt kills more
dreams than failure ever will take
action where others hesitate think big
when others don’t make sacrifices when
others won’t and take criticism and
they’re getting bitten use it to power
your dream I’m absolutely sure if you
guys try you will start you will start
finding success not immediately but
definitely and ultimately just get out
the comfort zone and follow your heart
to the path of greatness I hope to hear
from you guys in the future I’m always
looking forward listening to new ideas
and assists in how I can as an investor
I always have an upside from that too I
want to know how you guys are beating
the odds thank you for your time and
contribution they owe me to the world
thank you guys
[Applause]
my name is Evan Luthor I’m 22 years old
I started my first business when I was
12 years old I didn’t plan as at the
business but I just went to it I built
about 30 companies before I had my first
exit when I was 17 and I made a few
million of that well I always have and
always will be ready to listen to wise
counsel I refuse to listen to people who
have limiting beliefs and want to limit
others before I begin sharing my
experience about my journey from being a
struggling in a waiter to an
entrepreneur I would just like to share
that the technology available to us
today is is really changing not only
changing the world but it’s making a
huge impact on the economy of the
current world for example the largest
IPO for 2017 was snapchat for twenty
four billion dollars this company went
to IPO in six years of operation it took
banks like American Express Bank of
America Wells Fargo or 150 years to
reach that value these numbers aren’t
just in evidence of my belief in
creating technology for the betterment
of the world but is also clear-eyed
education of how the world bows down to
the success of technology companies the
banks F and F M G C companies and gas
companies are competing very hard to be
at the same level as tech companies if
you look at the last ten years the five
biggest companies are all tech Apple
Microsoft Facebook Amazon Google Google
owned three times the revenue of a
American Express which is a company
that’s 150 years old today some of the
biggest companies are literally living
on your iPhone
uber is a 50 billion or a company Airbnb
is a 30 billion or a company it sells
you rooms online but doesn’t in a single
room and it’s worth more than Hilton and
Starwood Hotels combined the tech
industry is very very new globally but
at the rate it’s growing its unmatched
over the past seven years I’ve built
over 50 different tech companies a lot
of them have failed but the ones that
have worked have generated over 200
million dollars in value in under two
years this was unseen or unheard of
before the technological revolution
journey the audience I’m talking to is
in the development stage of the
companies they’ve already started
something and our wanting to build
something more but here I see it’s a lot
of young
so I want to keep it very simple and
just discuss entrepreneurship at initial
stages I listen to new ideas in a daily
basis where budding innovators
approached me for guidance they know
investment and let me tell you it is
amazing and very satisfying to listen to
these people and feel a part of their
idea the spark I see in their eyes when
they are pitching me their companies
makes me feel that I’m gonna be a part
of a phenomenon that could be playing a
game-changing role in this world and so
I always listen to every idea like it be
the next snapshot the next Facebook the
starting point of anything really is an
idea and everything you see around
yourself your clothes your watches your
phones your cars is an expression of
someone’s idea and they got paid huge
sums of money for it to build that idea
the advantages with humans that we are
creative by nature using imagination and
coming up with ideas is our most
important capability but somehow with a
busy lives it gets lost think about the
time when we were all children we used
to be thinking about new things all the
time having fun coming up with ideas and
always questioned everything what does
this work like that
fast-forward a few years and your brains
become so occupied with the surviving
this tough fold that imagination takes a
backseat and ideas stop flowing
I can saved a lot of confidence at some
point all of us must have had a great
idea but we either ignored it or got too
busy let it die and miss the opportunity
to have created something that could
have been beneficial to the whole world
and I strongly believe ideas should be
trusted not treasure not suppressed they
should be looked at as magnificent
jewels not throwaway stones when you
land on a concept and think to yourself
wow this is a great idea let me build
something with it don’t don’t let just
don’t let your thoughts be crowded and
come Wow
what time to have to be the next meeting
or what I’m gonna wear the next party
put some effort into realizing the
values of your idea scrap the door of
them and think of them as you remaining
for gold it takes time to uncover a
great idea and bring it to fruition
I remember that I simply started by
collecting news and started a blog my
blog picked up eventually
hundreds of thousands of readers and I
got a lot of followers and turn it into
a business I had no idea that I I don’t
have any intention of making money from
it it was just something I was very
passionate about and I loved learning
about technology and that passion set me
up onto the path where I am today
so following your passion will never
disappoint you you might just discover a
new way and a new lifestyle from it if
someone else can draw up a
world-changing or a life-changing idea
why can’t you many of us have been
taught from a young age to be humble if
humanity means you don’t see yourself or
your ideas having the potential to be of
value to other people then not only have
you restricted the value to yourself but
you’ve also robbed other people of the
potential value of your ideas between my
career and my volunteer activities I’ve
traveled to every corner of the world
and I met with people from diverse
backgrounds different age group
personally have spent my life being with
people one thing I’ve noticed
consistently is that people doubt
themselves a lot they seem to think that
the great idea always comes from
somebody else what made the other person
so special that he had the great idea
and not you often it was simply the
desire to carry the idea through
flirtation and why does one person
create and bring an idea to a business
while the former that does not in order
to actualize your ideas we have to
believe in our ideas it is of the utmost
importance that whenever you have
whenever you feel that is something you
thought of don’t restrict yourself from
thinking about it or just discussing
about it with other people it could be
the next big thing for the idea and see
where it takes you think it imagine what
well great things you would get access
to if the money the recognition the
feeling of success if you actually
actually came about to be something only
about one person with the people have
the courage to take risk the
entrepreneurial risk 99% of the people
are always going to look for security in
a job which only means a life of paying
bills in mediocrity and the most
important thing I just discovered about
courage is that in entrepreneurship we
have to take the steps first and courage
will follow take a stand and make a
choice just decide what it’s going to be
stick with it who you want to be how
you’re going to do and what you’re going
to do without that you may just want to
find yourself becoming unsatisfied
unfulfilled and becoming an old man and
looking at some 20 year old kid making
millions of dollars and you’ll be it’ll
be extremely hard to find happiness in
95 job look at your life right now
whatever you’ve done until this point of
time is working whatever you have put
effort into whatever you produce a
result of your choices and your
consciousness now you have to ask is
that all you want
would you like things to be better for
yourself what really stops people from
being successful as they have so many
barriers so many obstacles to overcome
that they never really get success
either they can’t see it or at some
point they thought they saw it but then
they get busy pursuing the one shot and
don’t get me wrong I’m not saying that
you don’t need it or don’t want it but
just don’t want it bad enough just think
about how many how much time have you
invested in yourself over the last month
or the last three months and something
that will make you better like working
out learning something new maybe reading
a book the desire to win has to be
stronger than the desire to Party the
desire to sleep the desire to be secure
don’t be afraid of failure rather view
the concept of failure in a new way
redefine the meaning of the word I do
not like the saying what would you do if
you knew you could not fail now if
you’re someone who will be satisfied
with a small measure of success it might
be a good way to look at things but if
you want to be phenomenally successful I
challenge you to a new way of thinking
do not fear failure learn from it
because failure is not an option is
naive failure is not optional it’s much
closer to the truth
according to best-selling probably be
consulted and it’s Whateley failure is
something we can avoid only by saying
nothing doing nothing and being nothing
believe it or not I’ve built over 30
different companies before I saw my
first company all the other companies
failed but I learned something from them
that how you can build the next one
better dare to try new things or all
things in new creative ways and some may
say you’re crazy
have you ever noticed how many people
laugh at new ideas until they see the
person behind them
tons of money I challenge you to listen
to the voice inside to you that tells
you to be moved forward boldly some of
your attempts may not bring the results
you want not all roads lead to the
destination but you have to be willing
to take a detour build a bridge or plow
through a mountain the entrepreneurial
muscles you will bring build in this
timeline will actually set you up for
your future end divorce my dad started a
call center in India he bought 200
computers but the business went bust in
the first two months I when I was 12
years old I used to go to his office and
play with his computers I was very
interested I probably blew up a bunch of
computers I’ve raced about 50 computers
through experimenting I try to build
supercomputers try to harness the power
of the chips I got really interested I
am where I am today because one of my
father’s businesses didn’t work out the
way I’d hoped in planned
I learned special life’s lessons from
but notice very carefully I said one of
his businesses failed not him because he
was not a failure what he is my father
has proven time and time again to me
that he’s a winner because he taught me
by example that our problems are our
teachers winners always keep going they
don’t let failure stop them most of us
just live in a quiet desperation and
goes through life living in a comfort
zone never actually taking the
initiative which brings me to by an
exponent folk focus and that is to begin
I sincerely know that most of us have
ideas and have dreamed of starting a new
thing making a lot of money but we’re
not sure how to take the first step and
it seems such a huge of a task that even
before starting people just gave up it’s
the fear the anxiety and the stress and
the motive what is required for an idea
to become a reality that that puts most
people down but let me share a simple
shirt that should allow you to get over
this fear and start something new and
big that you would be proud of
simply start taking baby steps fix the
time of the day you want to work and
just 5 to 15 minutes a day for the first
three weeks and will become a habit you
know when you when you guys write paper
you always procrastinate still the last
minute you must have an assignment you
know where to try and do it until the
last minute that’s how most of us are
living these days
is the same thing but once you start
writing that paper your thoughts start
kicking in and your imagination starts
flowing and you just realize just finish
the paper before the deadline it becomes
autopilot and it’s the same it’s the
same when it comes to entrepreneurship
and outside it will be amazed to see
you’re doing so much and just wonder how
you’re doing it people are always asking
me how am i running so many businesses
at the same time but they will never
know as they’ve never indulged
themselves even trying something and
they’ve never actually made a start all
that I have to be to be able to be not
to be a part of the crowd is just begin
entrepreneurship is mostly about
stepping out of the comfort zone and
winning I’m not waiting for something
special to happen to you be unshakable
in your belief in yourself if you have
an idea or get one in the future
don’t waste your time contemplating or
doubting yourself doubt kills more
dreams than failure ever will take
action where others hesitate think big
when others don’t make sacrifices when
others won’t and take criticism and
they’re getting bitten use it to power
your dream I’m absolutely sure if you
guys try you will start you will start
finding success not immediately but
definitely and ultimately just get out
the comfort zone and follow your heart
to the path of greatness I hope to hear
from you guys in the future I’m always
looking forward listening to new ideas
and assists in how I can as an investor
I always have an upside from that too I
want to know how you guys are beating
the odds thank you for your time and
contribution they owe me to the world
thank you guys
[Applause]
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