Daniel Priestley
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's a fraction of the entrepreneurial community.
What most people want is a business that provides an amazing lifestyle.
They want to live and work from anywhere.
They want to be able to travel.
They want to do three or four days a week.
They want to drop their kids off at school.
They want to do non-monotonous, interesting work that is a little chaotic, a little creative, a little bit fun, a little bit challenging.
They want to work with a small group of people that they get to know and enjoy and travel through life together.
And those are the types of things that the majority of people actually want.
Very few people actually want big jobs.
So one thing that I'm noticing is that it's probably harder than ever to build a big business, but it's easier than ever to build a small, successful business.
So if we were to say that a business that does one to five million of revenue with a team of 10 people, that is like totally...
like super possible.
But once you go beyond that, it's becoming harder and harder because you get disrupted more frequently.
So you have to be an elite athlete of entrepreneurs to withstand the constant disruption and the constant change that's coming.
So because your natural mindset is to think really, really big,
And you're probably missing that for many people who are working in an annoying corporate environment and their job is monotonous and they feel tethered to a desk or they feel tethered to a team that doesn't really care about them, you know, a lot of those people are going to actually end up in small, dynamic little businesses that will never be big but they'll be great, they'll be fun, you know, and people, you know, have flexibility and they'll have, you know, great opportunities as a result.
And AI and digital technology means that this disruption cycle happens in months, not years anymore.
So you said a blue ocean can last for years or decades, not in the world of AI.
In the world of AI, as soon as we've identified that you've got a blue ocean, we can replicate that real fast and we can come and fly out to your blue ocean with lots of competition.