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Demis Hassabis

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2427 total appearances

Appearances Over Time

Podcast Appearances

My First Million
Story Of The Most Important Founder You've Never Heard Of

So it was something like two years.

My First Million
Story Of The Most Important Founder You've Never Heard Of

And then finally they got it.

My First Million
Story Of The Most Important Founder You've Never Heard Of

But it took two years.

My First Million
Story Of The Most Important Founder You've Never Heard Of

But he did allow them, this is four of you.

My First Million
Story Of The Most Important Founder You've Never Heard Of

This is your job.

My First Million
Story Of The Most Important Founder You've Never Heard Of

Just figure it out and let me know.

My First Million
Story Of The Most Important Founder You've Never Heard Of

Dude, that's so great.

My First Million
Story Of The Most Important Founder You've Never Heard Of

We're learning all these techniques and I'm putting it all together.

My First Million
Story Of The Most Important Founder You've Never Heard Of

Hermosi had this cool thing that he said when I talked to him once.

My First Million
Story Of The Most Important Founder You've Never Heard Of

He was like, basically, I've noticed that when you start something new,

My First Million
Story Of The Most Important Founder You've Never Heard Of

the results go down 20% right off the bat.

My First Million
Story Of The Most Important Founder You've Never Heard Of

So if you're training your sales team on something new, their conversion rate is actually going to drop from 50% down to, you know, it'll drop 20%, so down 10 points.

My First Million
Story Of The Most Important Founder You've Never Heard Of

But eventually it will go up if you pick the right thing.

My First Million
Story Of The Most Important Founder You've Never Heard Of

And so the question is basically make sure you pick the right thing because if it's going to go down 20%, that means you need it to double its improvement in order for it to be worth it.

My First Million
Story Of The Most Important Founder You've Never Heard Of

So you pick the right thing.

My First Million
Story Of The Most Important Founder You've Never Heard Of

Otherwise, you're just back to square one and you went down 20% for a quarter.

My First Million
Story Of The Most Important Founder You've Never Heard Of

That was actually my biggest learning this year, running a company.

My First Million
Story Of The Most Important Founder You've Never Heard Of

It was like, expect new things to suck or bring everything down.

My First Million
Story Of The Most Important Founder You've Never Heard Of

Therefore, make your project selection perfect or high quality.

My First Million
Story Of The Most Important Founder You've Never Heard Of

Yeah, basically.