The Fast Founder: How to Start, Scale, and Exit in 36 Months! | Eric Lam (Recast Ventures)
Description
In this episode of the iSearch podcast, Benjamin Lim (iSearch) discussed with Eric Lam (Recast Ventures) on how entrepreneurs can start a business, scale, and exit in 36 months.
The areas of discussion include:
1:18 - The reason startups fail and how to avoid it
4:13 - Validating a product or service before working on your ideas
7:26 - How to proceed when your product has little traction
10:57 - Finding a different angle for your product
14:15 - Best and worst type of businesses for entrepreneurs planning to exit within 36 months
21:10 - Working solo vs. having a co-founder
24:22 - Eric’s experience finding a team in his ventures
26:10 - How entrepreneurs can asses market size and potential
28:28 - The process of raising funds for first-time entrepreneurs
34:23 - Effective marketing strategies with minimal funding
40:20 - How Eric gets his ventures in the news
42:07 - Key things to consider before exit
47:05 - Final sharing
Check out Recast Ventures here:
https://www.recastventures.net/
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