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Q&A on Solopreneurship, Marketing to Millennials, and Interning

2.6K views
•
March 19, 2017
by
Tom Bilyeu AMA: Ask Me Anything
YouTube video player
Q&A on Solopreneurship, Marketing to Millennials, and Interning

TL;DR

Building a startup in a small town requires finding the right team members with shared values and goals, promoting transparency and authenticity, and leveraging social media to connect with and serve the community.

Transcript

all right question number one I'm going to kick it off with some questions that came in on some of our previous lives nice um sorry this one is from Garrick Tate um Tom can you explain more about why you say that all opinions should be binary yeah you know it's funny this is something that drives people crazy about me so um not all opinion should b... Read More

Key Insights

  • ❓ Transparency and authenticity are important when connecting with customers, especially for Millennials and Gen Z.
  • 🛟 Leveraging social media as a tool to serve and connect with the community is essential for growth.
  • 😤 Building a team requires finding team members who share the same vision and values.

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Questions & Answers

Q: Should I go solo or bring in a team when starting a business in a small town?

It depends on finding team members who align with your vision and values. If you can find the right people and afford to bring them on, building a team can accelerate growth and success.

Q: How should I find team members who share the same goals?

Utilize online platforms to connect with potential team members and then meet in person to assess compatibility. Look for shared values, passion, and the ability to handle stress and challenges.

Q: What characteristics does the Impact Theory team look for in startup founders?

The team looks for founders who can articulate their vision and have thought through their goals. Additionally, finding founders who have the ability to make their concept universal and provide value to the community is crucial.

Q: What is the number one thing you tell yourself each day?

It varies depending on the situation, but focusing on gratitude, finding something to be excited about, and reminding oneself of a strong identity as a motivator are all key strategies.

Summary & Key Takeaways

  • Building a startup in a small town involves finding team members who share the same vision and values.

  • Transparency and authenticity play a crucial role in attracting and retaining customers, especially for Millennials and Gen Z.

  • Leveraging social media as a tool to connect with and serve the community is essential for growth and building a loyal audience.


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