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125 - How to Build a Multi-Million Dollar Business with Nothing But Desire with Erik Kaiser
Manage episode 468176149 series 3591759
Kandungan disediakan oleh Nikolas Hulewsky. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Nikolas Hulewsky atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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Join me, Nik (https://x.com/CoFoundersNik), as I speak with Erik Kaiser (https://x.com/ErikKaiser), a serial entrepreneur who went from an eight-year-old struggling with confidence and focus to building a multi-million dollar empire spanning industries and continents. Erik shares his unconventional journey, highlighting the pivotal role of desire and a unique approach he calls "dot collecting". We explore his aversion to traditional academic paths, his hands-on approach to business, and his unique perspective on constraints and profitability.
Questions this Episode Answers:
- What drove Erik Kaiser's success: desire, and how did it shape his business approach?
- How does Erik Kaiser's "dot collecting" inform problem-solving and innovation?
- How have constraints shaped Erik Kaiser's entrepreneurial journey?
- Why does Erik Kaiser prioritize profitability over top-line revenue?
- How did Crush the Memory emerge, and what user problem does it address?
- What is Erik Kaiser's vision for Crush the Memory beyond a recording device?
- What key insight did Erik Kaiser gain from Kickstarter, and how did it impact product launches?
Enjoy the conversation!
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This week we covered:
00:00 Introduction and Achievements
01:19 The Power of Desire
02:16 ADHD and Entrepreneurial Traits
03:50 The Importance of Intellectual Stimulation
07:29 Constraints and Bootstrapping
11:57 Team Structure and Operations
16:49 Revenue vs. Profit
21:00 Navigating Business Ups and Downs
24:30 Incubating and Launching Brands
29:32 Challenges and Opportunities in Hardware
32:21 Navigating the Unknown: Early Challenges and Decisions
32:35 Introducing Crush: The AI Recording Device
33:52 From Idea to Reality: The Development Journey
35:16 Overcoming Technical Hurdles: Hardware and Software
39:47 The Financial Reality: Costs and Investments
43:18 Kickstarter Experience: Learning and Marketing
45:14 Market Response and Future Plans
50:33 Exploring New Markets: Healthcare and Beyond
52:22 Vision for the Future: Crush as a Social Network
58:58 Final Thoughts and Personal Insights
162 episod
Kongsi
