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Taking small bets with Daniel Vassallo [#34]
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Have you ever heard that to grow your business, you must think big? Well, what if we were to tell you that's not always the case. Joining Conor on today's episode is special guest Daniel Vassallo. Daniel is a master of taking small bets and has a fascinating story to share.
Daniel's professional career was a roaring success as he worked for the globe's largest e-commerce retailer, Amazon. However, despite the promotions, benefits, and attractive six-figure salary, Daniel decided to take the bold plunge from his desirable full-time role into the unknown realm of self-employment on a mission to strike a more sustainable work-life balance.
In this episode, Daniel reveals his small bets portfolio strategy, openly shares his learnings from failure, and explores the benefits of aiming for low-hanging fruit. Daniel also unpacks the randomness and unpredictability of business and reminds us how success is never a guarantee. Key points throughout the episode include:
- An introduction to Daniel Vassallo.
- Developing muscle for uncertainty.
- The journey of self-employment and exploring future opportunities.
- Daniel's inspiration generator for choosing suitable projects.
- The key of knowing what to pursue and what to avoid.
- The importance of making small bets and not over-investing.
- Finding work-life compatibility.
- Validating ideas and growing through failures.
- The role of randomness and chance in business.
- Finding inspiration amongst the wins.
- Converting a hobby into a stream of income.
- How small wins can make a massive difference.
- Why analysing your customers buying patterns is vital.
- The steppingstones to success: why visibility and credibility are essential.
- Daniel's advice on obtaining your first 10 customers.
Connect with Daniel Vassallo:
https://dvassallo.gumroad.com/
https://twitter.com/dvassallo/
https://www.linkedin.com/in/danielvassallo/
Connect with First 10 Podcast host Conor McCarthy:
https://www.first10podcast.com
https://twitter.com/TheFirst10Pod
https://www.linkedin.com/in/comccart/
Resources:
Book: Hollywood Economics by Arthur De Vany.
https://www.amazon.co.uk/Hollywood-Economics
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https://otter.ai/referrals/ETRNKY16
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https://calendly.grsm.io/ilev18qxpn1e
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