4.4 • 716 Ratings
🗓️ 3 July 2023
⏱️ 57 minutes
🧾️ Download transcript
This Millionaire Mindcast episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/MINDCAST and get on your way to being your best self.
Today, we have a wonderful guest, Adam Nash who imparts a lot of value from his entrepreneurial journey, tips for successful startup founders, how to be a great/successful investor, changing the world through charitable giving, and accessing free personal finance to Stanford Education!
Adam Nash is a product manager, designer, lecturer, Angel investor, entrepreneur, builder, Co-Founder and CEO at Daffy, focuses on helping people to give. He teaches personal finance for engineers at Stanford University.
Prior to Daffy, Adam led the teams At Dropbox responsible for growth, product strategy, product management & product analytics for a platform with over 600 million registered users. He served as the President & CEO of Wealthfront. He was also the ex-Vice President of Product Management at LinkedIn. Adam led LinkedIn’s Platform & Mobile products and the founder and architect of LinkedIn Hackdays, a seminal program for driving the innovation culture at the company. He also was responsible for leading LinkedIn’s search & cloud efforts, as well as forming and leading their user experience & design team.
This man believes that giving is a meaningful piece. You have to have humility as there’s a lot of problems that need to be solved. You don’t know what the future holds completely, but it wouldn’t happen without taking that first step. Adam thinks himself who does things. He loves technology and he believes that it is powerful. Thus, he spent years understanding technologies and building things. Adam has been an engineer, designer, product manager, CEO multiple times, executive. Adam is constantly working on solving a problem that is worth solving. He is passionate in finding ways how technology helps people so they’ll work together to do things better. This man knows that it doesn’t start with investing, it actually starts with your goals, and the life that you’re trying to build!
Some Questions I Ask:
When people say who is Adam Nash, what do you say?
What would you classify yourself as?
What were some of the early lessons that you learned in the world of business and entrepreneurship that were really beneficial for you?
What do you say to those struggling early stage entrepreneurs, how do you break through those problems?
What common denominators are you looking for as a successful investor?
What do your personal investment teases and portfolio look like?
How did Daffy come about?
What do you feel like are some of the challenges that you still need to overcome as the founder of Daffy?
What led you to teaching at Stanford?
What does wealth and real success mean to you?
In This Episode, You Will Learn:
Finding real opportunities in life.
How to get giant outcomes in venture capital.
Adam’s best advice for startup founders.
How to be a great/successful investor.
Building an organization that is sustainable.
Quotes:
“Don’t ever assume that your competition isn’t filled with smart people.”
“The best opportunity is half to be contrarian, but also half to be right.”
“Great investors know what they know, but they also know what they don’t know.”
“You have to know where your value comes from, ‘coz that lets you focus on it.”
“Giving is a meaningful piece.”
“The best fact of achieving your mission
Connect with Adam Nash on:
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Show Brought To You By: www.MillionaireMindcast.com
Questions? Comments? Do you have a success story you would like to share on the show?
Send us an email to: [email protected]
Click on a timestamp to play from that location
0:00.0 | The truth is, I'm not a big believer in the build-the-sell model. |
0:03.4 | Okay. |
0:03.9 | Like, I think when founders build the sell, it's almost like you miss the fact that really |
0:09.6 | what you're there to build is something valuable. |
0:11.5 | And if you can't build something that's independently valuable, well, you're taking a lot |
0:16.4 | of risk there that someone else is going to solve that problem because in general, |
0:19.8 | people don't run businesses that aren't self-sustainable. I mean, even Stanford is a nonprofit, university, |
0:25.3 | et cetera, even their organizations, they try to make them self-sustaining. And so in general, |
0:30.0 | with founders, I tend to advise them fundamentally that you should always be building to build |
0:33.9 | a sustainable organization. |
0:45.7 | Yeah. to build a sustainable organization. Well, I am excited to welcome to the show, Adam Nash. How are we doing? |
0:49.4 | Hey, great to be here. |
0:51.5 | I know we've got, you and I were talking, you know, before jumping on the show, we've |
0:55.1 | gotten an array of topics that I personally know a lot of our listeners will gain a lot of value |
1:00.4 | from and, you know, be interested in hearing more about from your early days, you know, |
1:06.1 | in your own entrepreneurial journey and kind of working in the world of tech in Silicon Valley |
1:10.8 | with eBay and |
1:12.4 | LinkedIn and Wealthfront, Apple. But then obviously, you've got some very unique perspectives |
1:20.3 | and insights that you've gained by being on the board of many big companies and organizations. |
1:26.4 | I know you play and dabble in crypto a little bit. |
1:29.4 | Obviously, AI is a very interesting topic right now. So I think we have a little bit of ground |
1:34.0 | to cover in today's episode. But that being said, for those that don't know who you are and |
... |
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