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Valuetainment

Episode 317 - How To Predict The Future As An Entrepreneur

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 11 June 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

Episode 317 - How To Predict The Future As An Entrepreneur by Patrick Bet-David --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0

30 seconds.

0:01.0

One time for the under down.

0:04.0

Ignition sequence star.

0:07.0

Let me see you put them up.

0:09.0

Reach the skies, let the stars up above because it's one time for the underdow

0:15.0

one time for the underdow.

0:17.0

I'm Patrick Bedevia host of Aitim, and today I'm going to share with you

0:20.0

how to predict the future as an entrepreneur.

0:22.7

Okay, so let's get right into it.

0:23.8

Point number one is studying each generation's level of frustration

0:28.4

in any area of their lives.

0:29.9

Let me explain to what I mean by this.

0:31.0

So, for example, take what Chip Wilson did. Chip

0:34.7

Wilson's the founder of Lulu Lemon. When I sat down with him he was telling me how he

0:38.0

came out with the idea of Lulu Lemon. He would go to yoga classes and then

0:41.7

afterwards he would go sit outside at the nearest coffee shop next to the girls and women who were leaving the yoga classes and listen to their frustration.

0:51.0

And he realized everybody was frustrated with their yoga pants.

0:54.0

He said, you know what, I'd love to go to the mall, but I don't feel comfortable going to the mall with these pants.

0:59.0

So he went and created a pants that made women feel comfortable to wear it at a mall, he takes his business

1:04.4

from $0 to $12 billion.

1:06.1

He's worth $4 billion today.

1:07.8

Take for example, Boomers are born between 1946 to 1964. So the oldest woman turns 50 years old in

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