In this episode you will learn;
Where the idea for Entrepreneur First came from originally, and how
that’s evolved through the yearsHow to start a business with no
business model whatsoeverThe best and worst company ideas she’s ever
been pitched.What they look for in individuals that gives them the
confidence to just give them cash and help them to develop valuable
ideas
And lots more of course...
Key Quotes
As an entrepreneur - where do you stop and the company start?I want
people to eventually see me as the greatest AI leader globally (and
fun fact she is pretty certain EF is currently the biggest investor
in AI technology in Europe)“We look for megalomania in our founders - this crazy belief that if everything else goes wrong, we’ll be ok - that’s pretty important for resilience.Entrepreneurs always come up
with the same ideas - so what we enjoy is trying to push people to
think a bit more uniquely. But I’ve heard probably every single
dating and food delivery concept you’ve ever thought of.
Top Advice:
Get a mentor or professional coach - it creates huge value for
founders - so much so they use a bunch of them for their founders, to
make sure they’re mentally balanced.How important a ‘growth mindset’
is for resilience and how she tries to embed that within her teams.Strong beliefs, weakly held.What makes you special? Think about that
before thinking about what you want to do. And then think big.
Other Fun Facts:
Magic Pony Technology was 18 months old from Entrepreneur First and sold for £150m to Twitter, with only 15 people - the founders had never met each other before they started.In one University they work with, more people join EF than join the financial services sector now!