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The Prof G Pod with Scott Galloway

The Future of Entrepreneurship Part 1: What Makes a Good Entrepreneur? How Do I Raise Capital? Is Balance Ever Possible?

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.45.3K Ratings

🗓️ 24 April 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

In today’s episode, we kick off our special 3-part series answering your questions surrounding The Future of Entrepreneurship.  Today is all about work-life balance, how to raise capital for your business, and what makes a good vs. bad entrepreneur. We first hear from a college student who is about to graduate and wondering whether he’s cut out for entrepreneurship. Then, Scott shares the trials and tribulations of getting funding for his businesses. Finally, we hear why Scott is so against the idea of balance. Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy "The Algebra of Wealth," out now. Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Support for the show comes from Mercury. There's an art to making the complex feel simple.

0:05.2

Everything should be in sync so that even the smallest part serves a bigger purpose.

0:09.1

Simplicity can transform your business operations. That's why Mercury powers your financial

0:13.6

workflows from the bank account so ambitious companies have the

0:16.4

precision control and focus they need to perform at their best. Apply in

0:21.0

minutes at mercury.com. Welcome to the property

0:37.4

Pott's office hours. This is the part of the show where we answer

0:40.0

your questions about business, pick tech,

0:41.3

entrepreneurship, and whatever else is on your mind.

0:44.1

If you'd like to submit a question, please email a voice recording to office hours of property

0:47.9

media.com. Again, that's office hours at propertymedia.com. Today we're kicking off a special three-part series

0:54.5

and answering your questions surrounding the future

0:56.0

of entrepreneurship, something routinely covered on this show.

1:00.1

And that's what it means to be an entrepreneur. It means working all the goddamn time and when you're not working, thinking about the business.

1:07.0

I think being an entrepreneur is sort of a young man or a young woman's game.

1:10.0

When I speak to people, sir, I'm going to go to work here for a while, get the credentials,

1:13.0

and then maybe be an entrepreneur, I'm like, no, entrepreneurs are kind of boring, they're not made.

1:18.0

I don't think startups think much about marketing, nor do I think they should.

1:22.0

I think what you should think about in a startup

1:24.6

is building an amazing product that a 10X,

1:29.2

your goal should be a 10X better product

1:31.0

that will get its own discovery.

...

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