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