I recently started a passion project with my friend to document the journey of successful Singapore entrepreneurs and get them to share their stories with us.
Having failed 2 businesses before, I thought it would be fun to interview entrepreneurs who’ve already been through the whole journey and learn how they did it from scratch.
Next week, we have the privilege of interviewing an entrepreneur who scaled his company from 0 to $100M/year in only 4 years, completely bootstrapped.
We have a few questions prepared, but we would love to get feedback from the r/Entrepreneur community as well so the interview can benefit as many people as possible.
Once this interview is done, we hope to transcribe it into an article that can become a valuable resource for other entrepreneurs to read too.
Looking forward to reading all of your responses!
How did you overcome the hardest challenge when you run this business?
How you did scaling that fast?
How did you get started?
What was the action that changed their direction after which there was no looking back? - finding a mentor, getting a big ticket client, inventing something
What do they look in someone before hiring them or making them their business partner and how important is the understanding of human nature in business
If you could give anyone one piece of advice to ensure success, what would it be?
What’s the top 3 things you wish you did (or changed, or didn’t do) early on?
What would you tell yourself if you could go back X years?
I‘d only ask on thing:
„Is it possible for you to invest 2 M to replicate your success and have me do it? You bring the plan and the seed money, I‘ll execute. We‘ll split profits“.
There’s already a company which does the exact same thing. And has been doing it for decades. It’s called Forbes. Might want to have a look.
I wouldn’t ask them anything because most business owners I work with and have come across do things quite poorly, and in many cases their success is despite their bad management rather than because of it, and is facilitated by people under them. I’d rather ask successful people who are slightly under them hierarchically (i.e., second or third in command) and would probably get more practical value out of whatever question I even would ask.
Second, one question does nothing. What’s more valuable in my view is having a person explain their thought process or methodology/approach rather than asking them a single linear one-question zinger.
Can I borrow a 100 million for this cool idea?
This post is an automated archive from a submission made on /r/Entrepreneur, powered by Fediverser software running on alien.top. Responses to this submission will not be seen by the original author until they claim ownership of their alien.top account. Please consider reaching out to them let them know about this post and help them migrate to Lemmy.
Lemmy users: you are still very much encouraged to participate in the discussion. There are still many other subscribers on !entrepreneur@indiehackers.space that can benefit from your contribution and join in the conversation.
Reddit users: you can also join the fediverse right away by getting by visiting https://portal.alien.top. If you are looking for a Reddit alternative made for and by an independent community, check out Fediverser.
What are the various ways to get early adopters and how effective are those?
How do you decide when to go all in?
“Can I ask you six more questions?”