He is an Englishman and knighted for his business contribution and entrepreneurship, He is behind the Vigin brand and competitor of Elon Musk in space travel with his Vigin Galactica.
He was interviewed by Simon Squip on entrepreneurship on how he built million dollar companies. He simplified this and did not put hte arduous how.
He has five steps.
1. Find the problem and the solution
2. Have a team
3. Build the product and solution
4. Get the cash upfront
5. Take risk,.
There is no mention of VC, borrowing the first second round etc, bank loan
The # 4 I hink is the linch pin. Like getting dp or full payment for the product. Ad scontractors for the software house, and projects often do Which the scammers do. Like cash out I cash out muna, padating na yong pera and then disappears. If the scammers can do, and you are legit you can do this.
We had done on numerous projects. No money but plenty of ideas. We built many projects two dozen plus using #4. We could also do this on a project that stalled.
If you are interested in more coaching materials from this post. Gmail: profjorge.entrep@gmail com, Dm jorgeus george. + 63 908 928 7888
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