Tim Draper: The Billionaire Startup Hero| #ThePlaybook 104

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 11 June 2019

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Episode 104 of #ThePlaybook, Tim Draper, founder of Draper Associates and Draper University, provides insights on: Why he made the mistake of turning down Netflix [1:39] The questions he asks when he evaluates which companies to invest in [2:26] How he used Tupperware parties as the inspiration to create viral marketing [6:50] Why the willingness to “complete the mission” is a difference-maker for today’s entrepreneurs [16:03] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	On this episode of the playbook I have one of my mentors Tim Draper University the Silicon Valley's finest
0:07.1	Sand Hill Roads his most successful startups are just a few Skype Twitter and Tesla We won't talk about the miss he had with Netflix
0:15.3	though join me for all of this and more this is entrepreneurs the playbook
0:19.4	where each week I bring you some of the greatest athletes, celebrities, and entrepreneurs
0:25.2	to talk about their personal and professional playbook to success and what made them champions
0:30.9	on the field and in the board room. I'm your host and CEO of Sports One
0:36.1	Marketing David Melzer. This is Dave Melzer with entrepreneurs Operators of the Playbook.
0:43.8	I'm here with Tim Draper,
0:45.0	Draper Associates, Draper University,
0:47.0	and one of my favorite books,
0:48.6	How to be the startup hero.
0:51.0	Yeah, right?
0:51.8	I literally am a startup hero.
0:53.6	No question.
0:54.6	And I'll tell you why.
0:55.6	Because one out of ten of my startups are hugely successful and I look like a king.
1:01.8	And entrepreneurs don't get that that but you and I do.
1:04.4	Absolutely one out of ten absolutely that's perfect that's exactly what you're
1:08.2	supposed to do it's really good.
1:09.6	You're supposed to go for the long shot, it's some extraordinary outcome.
1:14.8	As long as you do it, you lose, lose, lose, and then boom.
1:19.4	Yeah, and it's really easy to hide the nine.
	...

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