What Was Covered

• 03:50 – How did David get started?
• 06:20 – David started his first SaaS company in 2001.
• 08:45 – So many people fall in love with their product, but the reality is it needs to add value to others.
• 08:50 – You can manage a company with a focus on the product, the process, or the customers. Pick one.
• 10:40 – David recommends focusing on the customers before you focus on the product or the technology.
• 11:45 – What are the pros and cons of managing the process of a company?
• 13:35 – Before you pitch the investor, figure out which of three ways you plan on using to manage your company.
• 14:20 – David talks about winning The Innovator of the Year award.
• 19:30 – New York is now the second largest market for investments, next to San Francisco.
• 20:20 – David talks about the three areas of TechX Foundry – Robotics, 3D Printing, and Tech Fashion.
• 26:15 – How can you prove to investors that you and your team are the right people to execute an idea?
• 27:25 – Remember, you can’t do everything yourself.
• 28:10 – David recommends the book the Lean Startup.
• 30:55 – It’s all about collaboration, innovation, and the desire to create successful lives.

Tweetables

[Tweet “A company has to have value. That’s the first litmus test.”]
[Tweet “What are you truly bringing to the table?”]
[Tweet “At some point, you have to divide and counter and you gotta collaborate.”]
[Tweet “Always put your ego aside.”]