Daniel Priestley

I've got to have an office. I've got to pay a registration fee. I've got to hire five people. I've got to do all these things. And if it doesn't work out, I've lost $100,000. That's not how I start businesses. And six months of my life and time wasted. I start businesses with lead generation first. Can we generate leads? Can we collect data?

I've got to have an office. I've got to pay a registration fee. I've got to hire five people. I've got to do all these things. And if it doesn't work out, I've lost $100,000. That's not how I start businesses. And six months of my life and time wasted. I start businesses with lead generation first. Can we generate leads? Can we collect data?

And if we can't generate leads and if we can't collect data, then we just don't even make any progress with the idea.

And if we can't generate leads and if we can't collect data, then we just don't even make any progress with the idea.

Well, the businesses I have are incredibly fast growth. In software and technology, there's a rule of 40, which is that your growth and your profitability should be above the number 40. So 20% growth and 20% profit margin would be 40. So essentially, this is called the rule of 40 in software companies. Our software company, scoreapp.com, is 127.

Well, the businesses I have are incredibly fast growth. In software and technology, there's a rule of 40, which is that your growth and your profitability should be above the number 40. So 20% growth and 20% profit margin would be 40. So essentially, this is called the rule of 40 in software companies. Our software company, scoreapp.com, is 127.

So we grow at 100% a year and we have 27% net profit margins. So it's growing every year. It's super fast growth. And my other company, Dent Global, 15% quarter-on-quarter growth for years now. And it just keeps growing and growing and growing. My core competency is getting things started and putting great teams in place and launching those. Now I'm with you.

So we grow at 100% a year and we have 27% net profit margins. So it's growing every year. It's super fast growth. And my other company, Dent Global, 15% quarter-on-quarter growth for years now. And it just keeps growing and growing and growing. My core competency is getting things started and putting great teams in place and launching those. Now I'm with you.

I'm probably getting a little bit, it's a little bit ridiculous. The reason that I've got so many businesses is because AI came along. and I owned a group of agencies and I said, strategically, we're gonna spin an AI product out of each agency. So each agency has its own intellectual property.

I'm probably getting a little bit, it's a little bit ridiculous. The reason that I've got so many businesses is because AI came along. and I owned a group of agencies and I said, strategically, we're gonna spin an AI product out of each agency. So each agency has its own intellectual property.

Yes. So I owned a publishing company, which was the one that did the book software that came out. And then I own a PR agency and we're creating a piece of AI technology for PR. So because of that technology that came along, we said, hey, let's do it. Let's lean into this and do it. There are different ways to get businesses. So a lot of my businesses I bought. I didn't start them. I bought them.

Yes. So I owned a publishing company, which was the one that did the book software that came out. And then I own a PR agency and we're creating a piece of AI technology for PR. So because of that technology that came along, we said, hey, let's do it. Let's lean into this and do it. There are different ways to get businesses. So a lot of my businesses I bought. I didn't start them. I bought them.

And we've started stuff off the back of them. So I have a lot of fun starting businesses and pretty quickly I put a team in place and the team runs with it. Yeah. And we've got a game plan. We have playbooks and we just execute the playbooks.

And we've started stuff off the back of them. So I have a lot of fun starting businesses and pretty quickly I put a team in place and the team runs with it. Yeah. And we've got a game plan. We have playbooks and we just execute the playbooks.

Well, in the early days, you just work with whoever's there. You make them great. The commitment is not that you find great people, it's that you make great people. When I first started my first company, I was 21 years old. No one great was gonna come and work with a 21-year-old. So I had a spotty 19-year-old who came and joined the team, and I had a friend from school who came to join the team.

Well, in the early days, you just work with whoever's there. You make them great. The commitment is not that you find great people, it's that you make great people. When I first started my first company, I was 21 years old. No one great was gonna come and work with a 21-year-old. So I had a spotty 19-year-old who came and joined the team, and I had a friend from school who came to join the team.

And we were not great as a team, and then we became great together.

And we were not great as a team, and then we became great together.

So, you know, I'm a really big believer that when you start you find whoever's willing to be part of the team you find someone You know you go down to Starbucks and say you're ready to quit your job and come work with me to the person who serves you and and see if you can do it if if you could give an entrepreneur or someone that wants to launch a new business three pieces of advice

So, you know, I'm a really big believer that when you start you find whoever's willing to be part of the team you find someone You know you go down to Starbucks and say you're ready to quit your job and come work with me to the person who serves you and and see if you can do it if if you could give an entrepreneur or someone that wants to launch a new business three pieces of advice