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THE RELIGION OF A HUMAN BASED COMPANY | DailyVee 031

The biggest mistakes young startups and young entrepreneurs are making – Leweb Q&A

It’s a very attractive time to become an entrepreneur, so people assume a lot of things and decide that just because they’re coming from the Ivy League they’re qualified.

They’re not. It’s Hard.

Can you think of the biggest mistake young startups and young entrepreneurs are making in trying to get new users in a very busy time on social media?

The single biggest mistake that I see young entrepreneurs making with young startups is this: One, not realizing that they’re not an entrepreneur. I know that this is a very douchebag thing for me to say. But I think it is a very important conversation that we need to be having.

In my opinion we are living in a very attractive time to be an entrepreneur. For the reason that Mark Zuckerberg puts on a hoodie and a movie comes out, then Instagram made a billion dollars in 500 days after all these events that happened everybody decided that they were an entrepreneur. The amount of Ivy league students that I’m meeting, who attended Stanford, Yale, Harvard, Brown or anywhere else think that just because they are smart students they are entrepreneurs. When they have their first taste of adversity they crumble down like fucking little bitches. In my opinion the first mistake we have is that people decided that they are entrepreneurs when they are not, to me that is the biggest problem. Number two people think that it’s a lot easier than it actually looks; for every instagram there is there are 5 million instashits.


Gary Vaynerchuk is a New York Times and Wall Street Journal Best-Selling author, self-taught wine expert, and innovative entrepreneur. Find more at http://garyvaynerchuk.com

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