Ep. 14 - "How to Be a Capitalist Without Any Capital" by Nathan Latka with Sidd.
Welcome to Founder's Ascent. In this podcast, we will explore self improvement, success, and motivation through the stories of Founders. These Founders are not just entrepreneurs who created startups that became successful businesses, but those who founded a new lifestyle, purpose, or mindset that allow them to pursue success, money, and/or fame without sacrificing health or happiness. The journeys of athletes, innovators, philosophers, and creators will inspire discussion between our co-hosts and guests who share their ideas on life. Feel free to Subscribe to get our next episode which airs every Tuesday at 12pm CST.
Email foundersascent@gmail.com for all business inquiries (including sponsorship, collaboration, and being a part of our next discussion)
ABOUT THE AUTHOR:
Nathan Latka is a serial entrepreneur, investor, and best-selling author with an impressive track record of success. He is the founder of Heyo, a social media marketing software company that was acquired in 2016, and The Top Podcast, a business-focused podcast that has been downloaded millions of times.
Nathan has also been named a "Top 30 Entrepreneurs Under 30" by Inc. Magazine, a "Top 40 Millennial Influencer" by Forbes, and a "Top 10 Business Podcast" by Entrepreneur. His best-selling book, "How to Be a Capitalist Without Any Capital," has been translated into 10 languages and has been widely praised for its practical advice and insights.
As an investor, Nathan has backed more than 100 companies, including major players like Uber, Dropbox, and Shopify. He is also a sought-after speaker and has delivered keynotes at major events like South by Southwest and TechCrunch Disrupt.
(ChatGPT)
ABOUT HOW TO BE A CAPITALIST WITHOUT ANY CAPITAL:
"Instant Wall Street Journal Bestseller!
You don't need to be Ivy League educated, have money, be creative, or even have an idea to get rich. You just need to be willing to break the rules.
At nineteen, I founded a software company with $119 in my bank account. Five years later, it was valued at $10.5 million. I don't consider myself exceptionally brilliant. I just realized something few people know: You don't need lots of money or an original idea to get really rich.
Now, I make more than $100,000 in passive income every month, while also running my own private equity firm and hosting The Top Entrepreneurs podcast, which has more than 10 million downloads. This book will show you how I went from college dropout to member of the New Rich. And I'm holding nothing back. You'll see my tax returns, my profit and loss statements, my email negotiations when buying and selling companies.
It's time to forget your grandfather's advice. I'll teach you how to be a modern opportunist--investor, entrepreneur, or side hustler--by breaking these four golden rules of the old guard:
1.Focus on one skill: Wrong. Don't cultivate one great skill to get ahead. In today's business world, success goes to the multitaskers.
2.Be unique: Wrong. The way to get rich is not by launching a new idea but by aggressively copying others and then adding your own twist.
3.Focus on one goal: Wrong. Focus instead on creating a system to produce the outcome you want, not just once, but over and over again.
4.Appeal to the masses: Wrong. The masses are broke ($4k average net worth in America?). Let others cut a trail through the jungle so you can peacefully walk in and capitalize on their hard work.
By rejecting these defunct rules and following my unconventional path, you can copy other people's ideas shamelessly, bootstrap a start-up with almost no funding, invest in small local businesses for huge payoffs, and reap all the benefits."
