Sam Miller
September 30th, 2022
While every entrepreneur has an existence on the internet, the market is ruled by a few!
Litan, Vyzer’s CEO & Co-founder joined Lauren on her Podcast “Adulting is Easy” to discuss his entrepreneurship journey from a career as a Navy officer to creating a revolutionary diamond display technology, to now developing an automated solution for investors to manage and control their wealth. If you like the sound of this, then definitely you don’t want to miss this episode.
Time stamps
0:26- Introduction
1:33- Background of Segoma
6:41- Spark for entrepreneurship
7:26- Money vs Value
10:26- Are entrepreneurs born or made?
12:55- Beer test, what's that?
18:50- You have to be lucky
20:11- Birth of Vyzer
31:56- Litan's advice to listeners
Noteworthy Quotes
- Litan reminisces about his days when he formed Segoma and this is what he has to say about starting a business, "One of the cool things about diving into a business that you know nothing about is that you don't have any boundaries. "
- Litan stated, "There is nothing rational about entrepreneurship. Everything is against you; chances are you are going to fail." However, the best entrepreneur is not defined by his failures but by his ways to overcome the failure. According to Litan, navigating difficult situations is what matters for being a great entrepreneur.
- With the age of technological progress, it is easier than ever to launch startups/ businesses with minimal experience and financial resources. However, that does not mean they should. There are numerous factors that can damage a fledgling business and ruin a pre-existing relationship between friends, co-founders, or family members. Litan mentions, "One of the main reasons start-ups/businesses fail is because best friends become enemies.".
Resources
Book- The 7 Habits of Highly Effective People – Franklin Covey
Connect with Lauren
Twitter- @adultingiseasy
YouTube- Adulting is Easy
Blog: Learn About Money | Adulting Is Easy (realadultingiseasy.com)
Email: realadultingiseasy@gmail.com
Connect with Litan:
Twitter: https://twitter.com/YahavLitan
Facebook: https://www.facebook.com/litanyahav
Linkedin: https://www.linkedin.com/in/litanyahav/
