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TVS 054 – Finance to Startups and Entrepreneurship (Head of Expa Labs – Eric Friedman)

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TVS 054 – Finance to Startups and Entrepreneurship (Head of Expa Labs – Eric Friedman)

Today's episode is with Eric Friedman, who is the head of Expa Labs, as six-month incubator for early-stage startups. This interview is one of the most informative and immediately ...

Today’s episode is with Eric Friedman, who is the head of Expa Labs, as six-month incubator for early-stage startups. This interview is one of the most informative and immediately applicable if you are interested in technology and / or pursuing entrepreneurship coming from a finance background. We dive into some great topics like the 1%, 9%, and 90% rule, how putting your own content out there is so critical, and why startups should not be over-glamorized like they have been in the media. I found this episode extremely rewarding, and the first 16 minutes dive into Eric’s background, and afterwards we dive into the meat of the episode. I hope that you all enjoy listening as much as I did recording!

  1. How did you first get started in entrepreneurship and interested in technology?
  2. How did you first get your job at union square ventures and what led you to work at Four Square?
  3. What does a  Business Development even mean at a company like Four Square?
    1. What were some of the key takeaways that you had after working at Four Square for 6 years?
  4. Why startups are not for everyone (16:30)
  5.  What are your thoughts on non-technical candidates pursuing entrepreneurship / startups and an emphasis on finance candidates specifically?
    1. Why it’s important to ask “what happens here on Tuesday at 2pm?”
    2.   Instead of emailing a cover letter and resume to a startup CEO, maybe send them 3 things they could do
  6. Why applying to a startup is effectively the opposite of applying to an investment bank / consultancy.
  7. In what areas do you see finance candidate skill sets best applied in a startup environment?
  8. Are there tests or ways to see if a finance candidate would succeed in a startup?
    1. The 1% rule, 9% rule, and 90% rule – the challenge to publish
    2. When you mention the name of the people at the company, since everyone has google alerts, they will read it!
  9. How people can get over imposter syndrome when publishing content
  10. Thoughts on transitioning straight into technology / entrepreneurship versus pursuing an MBA first
    1.  Three reasons to go to business school: Network, Direction, Education
  11. Why there is so much turnover for millennials and in early-stage startups?
  12. What is your last piece of advice for my listeners?

As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@the vampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1. To support us check us out at Patreon https://www.patreon.com/thevampiresquid

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