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This guy is a boss in every form possible. I was lucky enough to sit in on a forum at my university and listen to him. I am posting my paper I had to write on him, maybe I can add a bit of value. He seems to have a lot of philosophies of the fast lane mentality. He has a book called Nail It, Then Scale It. I received it for free, have yet to read it, but I am sure is packed full of awesome information as his forum was. Anyways here is my paper I wrote. I would definitely research this man if your stuck in the slow lane like myself.
Paul Ahlstrom led an incredible lecture that taught me a lot in the short hour that we had together. For one I was completely impressed by how many ventures he has been a part of and contributed too. I found it interesting that he sat on the board of Ancestory.com, created the first venture conference in Mexico, investor, and also an author. I was intrigued on his ability to find the breakthrough business venture before everyone else. He made a point about how a few years back everyone believed Mexico was the last place to start a venture, and how he realized before the masses that it was actually a great place for business. He literally beat the majority to Mexico, and now everyone seems to be headed there. His accomplishments are amazing, and far outreach my wildest dreams. He has honestly become a role model to me. I will definitely be reading his book and researching him further on his strategies and beliefs.
Ahlstrom had many concrete principles that I will instill into my brain, but one that was so simple, yet so true was to think big. It is so true in so many ways. If you really want to gain great wealth one of the best ways is to affect millions of lives. I also learned that there are two types of Innovation. There is incremental which is making something better, faster, or cheaper. There is also breakthrough innovation which is generally a radical idea. I also took to heart to truly listen to your customers; they will explain their pain and eventually pave the way to success. Do not listen to your internal voices and become oblivious to suggestions by your customers. Entrepreneurs innovate, customers validate.
Lastly, the most important thing I took from Mr. Ahlstrom was his insights from his investor perspective. He explained how you should starve your company of money at the beginning. Do not throw money into a business blindly that you do not know if it will fail or not. Simply start a minimum feature set that is the basic requirement you need to open the door of your business. He mentioned that the more employees in a business the longer it will take to nail it. It is an eye opening perspective as the general consensus is that you need a lot of money to start a business, but in reality you don’t. It is about starting simple, gaining that first customer, and building from there. Also if you are going to fail, fail fast! That way you do not waste countless hours working on something that is eventually going to fail. Simply find out if you can successfully nail it, and then scale it. Ahlstrom was the most interesting person I have ever listened to in person, simply a genius.
Paul Ahlstrom led an incredible lecture that taught me a lot in the short hour that we had together. For one I was completely impressed by how many ventures he has been a part of and contributed too. I found it interesting that he sat on the board of Ancestory.com, created the first venture conference in Mexico, investor, and also an author. I was intrigued on his ability to find the breakthrough business venture before everyone else. He made a point about how a few years back everyone believed Mexico was the last place to start a venture, and how he realized before the masses that it was actually a great place for business. He literally beat the majority to Mexico, and now everyone seems to be headed there. His accomplishments are amazing, and far outreach my wildest dreams. He has honestly become a role model to me. I will definitely be reading his book and researching him further on his strategies and beliefs.
Ahlstrom had many concrete principles that I will instill into my brain, but one that was so simple, yet so true was to think big. It is so true in so many ways. If you really want to gain great wealth one of the best ways is to affect millions of lives. I also learned that there are two types of Innovation. There is incremental which is making something better, faster, or cheaper. There is also breakthrough innovation which is generally a radical idea. I also took to heart to truly listen to your customers; they will explain their pain and eventually pave the way to success. Do not listen to your internal voices and become oblivious to suggestions by your customers. Entrepreneurs innovate, customers validate.
Lastly, the most important thing I took from Mr. Ahlstrom was his insights from his investor perspective. He explained how you should starve your company of money at the beginning. Do not throw money into a business blindly that you do not know if it will fail or not. Simply start a minimum feature set that is the basic requirement you need to open the door of your business. He mentioned that the more employees in a business the longer it will take to nail it. It is an eye opening perspective as the general consensus is that you need a lot of money to start a business, but in reality you don’t. It is about starting simple, gaining that first customer, and building from there. Also if you are going to fail, fail fast! That way you do not waste countless hours working on something that is eventually going to fail. Simply find out if you can successfully nail it, and then scale it. Ahlstrom was the most interesting person I have ever listened to in person, simply a genius.
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