Nat Turner, the co-founder of Invite Media, is a self-made multimillionaire who sold his start-up to Google for $70 million in his early 20s. In an interview with CNN Nat Turner shares some valuable information to inspiring entrepreneurs and gives his opinion about why young entrepreneurs might have a leg up on their more established counterparts.
Takeaways from Nat Turner’s interview, if you do not feel like watching the video below, are:
- The best time to start a new venture is when nobody else is (in other words, recessions are actually a great time to start a company)
- Luck seems to follow those that work extremely hard
- Therefore, make sure you work harder and smarter than your competitors
- Young entrepreneurs often approach problems differently than older entrepreneurs which can lead to unique solutions
Another interesting observation is that Nat cut his entrepreneurial teeth at a young age (selling reptiles out of his home). This seems to be a common theme among successful entrepreneurs (so a quick digression for parents with budding entrepreneurs… make sure to support and encourage your children’s aspirations!).
Enjoy the clip…
