How Myspace Was Built & Sold For $580 Million: Tom Anderson
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Today we have the original founder of Myspace on The Tai Lopez Show, and we’re talking not only about what was required to build such a massive website that eventually sold for $580 million, but also what it means to live a really good and fulfilled life.
Tom has become a master of understanding himself, and this is something that everyone needs to get better at. To many people only think that they want to be a startup founder, when in reality they are searching for a much more balanced and different life than that path affords.
Tom was able to recognize this in himself, and after Myspace, take the path that made the most sense for him, and would make him happy.
Today, we’re talking about how to discover that in yourself, as well as some of the techniques and secrets behind the massive initial success and financially successful exit of Myspace.
Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
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Points to Keep In Mind
- 70% of billionaires were in sales and marketing at one point in their career
- Set up a way to constantly get feedback on what you are doing
- Everyone wants to connect with other people, and a platform that facilitates that will have massive demand
- Anything is better when it’s attached to an individual
- You need to know yourself, and let go of the idea that you need to take a certain path. Follow the path that you know will make you, specifically, happy
- The problem with being on top is that there’s only one way to go: Down
- It’s so easy to test things, and too many entrepreneurs put massive amounts of effort into building something without know if it will work or not
- Connecting with the right influencers online can do massive things for your exposure and reaching the tipping point for a customer
- The only way to compete with the massive companies today is to start very, very simple, and then use that as a trojan horse to build something bigger
- People want choice, but not too much choice
- It takes a very special kind of character to not let money change your personality
- See life as an adventure, rather than a progression of goals, so that failures and setbacks are all part of the goal
- Stay in the present, in the now, and don’t worry so much about the outcome
- The past can cause regret, the future can cause anxiety, so stay in the present