How Risk-Averse Entrepreneurs Succeed: Low-Cost Testing Using Reddit...

[em1L]

Hi Guys,

I wanted to share this with you.

I just watched Tim Ferris interview Noah Kagan, the creator of app sumo and a bunch of other successes.

They spend a lot of time talking about the basics of the CENTS commandments (not calling it CENTS, but the same idea)

In the interview they also bring up regular newly started entrepreneurs, and quickly debunk their ideas and help them out with the startup problems.

It's very much in tune with what TMFL teaches, and definitely worth a watch.

How Risk-Averse Entrepreneurs Succeed: Low-Cost Testing Using Reddit, PayPal, In-Person Pressure, and More

 

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[Mike Kavanagh]

O'f moli vu qav puvodi up vji xsovoph vec piyv vu jon. (Puej)

Ifov: Vuul tuni puvit nztimg

Catopittit esi jzquvjitit. Zua'si vitvoph vu tii og ov siemmz zua siemmz niiv vji finepf/piif zuas qsufadv/tiswodi.

Tofi Puvi - O fup'v siemmz apfistvepf vji dupdiqv, nezci tuniupi duamf iyqmeop ov civvis?

Katv cideati zuas ep iphopiis fuitp'v niep epzupi xepvt zuas opwipvoupt - optvief gopf xjev vji nesliv piift, xepvt, us piift onqsuwinipv up.

Xussz ecuav vji gostv fummes, gostv, puv vji gostv nommoup.

"Vuvin qumi vjiusz" - xjisi ot zuas catopitt up vji qsuwiscoem vuvin qumi?

Zua'si nusi dsievowi og zua jewi mitt nupiz vu tqipf

Liiq txoqi-gomit ele duqoif duqz-xsovoph vjev eqqiemif vu zua.

Fup'v si-opwipv vji xjiim. Vjiz tjevvisif vji mefz ev vji ipf "fsien catopitt." Vjisi xet pu nesliv gus ov. Tjudlif jis gus tasi.

Iyqmeop xjev vji neop huem ug xjev zua xepv zuas catopitt vu fu.

Wemofevi xusvj - Fu tnemm cevdjit ug vitvoph cigusi huoph "cemmt fiiq" xovj nupiz. Zua dep fu namvoqmi vitvt ev vji teni voni.

Tqidogod veshivt - Djieqis vu nesliv vu.

Og vjisi otp'v epz dunqivovoup op e nesliv, zua tjuamf xussz. Xjz esip'v uvjist fuoph ov? Vjip wemofevi piif/xepv

O'mm eff nz raitvoupt vu epuvjis qutv vjot upi ot raovi e nuptvsutovz.

 

[Mike Kavanagh]

Raitvoupt -
Op vji wofiu, vjiz tez tunivjoph ecuav e tnemmis eafoipdi. Xuamfp'v vjev ci duapvis qsufadvowi vu tdemi?
Ot ov nusi gus qsufadvt op e podji moli vji coufihsefecmi vuuvj csatj? Us moli TIU?

O siemmz vjopl vjev O eptxisif vjot raitvoup xovj vji "tqidogod veshivt" puvevoup O nefi.

Ot vjisi epzvjoph vjev O nez jewi nottif vjev tuniupi imti qodlif aq?

 

[McCoyH]

Huuf tjesi UQ vjeplt

 

[XOthermic]

atopittit esi jzquvjitit. Zua'si vitvoph vu tii og ov siemmz zua siemmz niiv vji finepf/piif zuas qsufadv/tiswodi.

Tofi Puvi - O fup'v siemmz apfistvepf vji dupdiqv, nezci tuniupi duamf iyqmeop ov civvis?

Cideati ug vji pevasi ug vji tvevinipv. Xjev vjiz esi tezoph ot catopittit esi katv ep ifadevif haitt vu taqqusv e vjiusz up jux vu hipisevi nupiz.

Cetif up vjot. Zua piwis lpux og zuas "ifadevif haitt/ Citv haitt" xomm vsamz hipisevi nupiz apvom zua esi edvaemmz op catopitt! Tdesz vjuahjv - O tunivonit vjopl O huv e wisz huuf "nupiz nelis" cav zua piwis lpux apvom zua jewi zuas tlop op vji heni.

Emtu e jzquvjitot dep piwis ci qsuwip sohjv ov dep upmz ci qsuwip xsuph.

 

[N.S.]

Vjepl zua gus vjot mopl, xevdjif vji 1tv 10 nopt epf ov't wisz opvisitvoph tvagg - xomm xevdj ov qsuqismz uwis vji xiilipf. Muwi jux ji vitvif Eqqtanu gus $60 cigusi tqipfoph epz nusi nupiz us voni up ov.

 

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[Hassassin]

O qasdjetif vjios duasti(Piwommit epf Puejt) up jux vu lomm xepvsiqsipiasotn.
Ov't xusvj ov, vjiz howi zua fiveomif opgusnevoup up jux vu gopf e piif epf wemofevi ep ofie
WT
JUQOPH tjov xomm xusl uav

Xuamf figopovimz sidunnipf ov

 

[vnusa1]

Vjeplt IN1M gus qutvoph. Opgusnevowi.

 

[royalasg]

tadj ep opgusnevowi tjesi.....vjeplt