Accelerate Your Entrepreneurial Journey – with Daniel Priestley

Invest in You

This week, Charlie and Fredrik talk to Daniel Priestley, one of the stars of the entrepreneurial world, whose incredible journey so far has seen him at the helm of numerous start-ups that have quickly become multi-million dollar ventures.

Daniel talks about his recipe for success in business, how to accelerate your entrepreneurial journey, and how to stand out, scale-up and make a positive impact on the world.

KEY TAKEAWAYS

• Daniel’s rise through business was rapid, thanks to aid from his mentor, and the instant take-up of the business he helped to found.
• Dent Global has been founded in order to make a positive impact on business, and on the world, by improving the ways in which businesses operate globally.
• Daniel and Dent have been focussing on rehabilitating offenders, and encouraging them to channel their sense of invention and drive into making a positive impact through business.
• Any idea that is going to become a product, actually has to become four products:
• A gift - something you can give away for free (as in a trial)
• A product for prospects - A low risk way of working together on something
• Core product - a full and remarkable solution
• Client product - managing the journey going forward
• Celebrating success in your business is an essential part of operations. If you don’t celebrate the payoffs of success, then your brain will not want to repeat the procedure.
• So many seem to think that an invitation to coffee is an effective gateway into obtaining their wisdom as a mentor. Daniel is far more attracted to clarity, purpose and honesty.
• The best way to pre-market and gain funding for ventures, is through pre-sales. By going out to market and getting orders and deposits, or in some cases full payment, it’s easy to demonstrate to investors that you have a viable product.
• Acquisitions are a very healthy way of operating. You need to do your due diligence in order to make sure that the business is breathing on its own, but in general, they can be hugely sound in terms of investment.

BEST MOMENTS

‘I got a front row seat in growing a business’

‘An entrepreneur’s job is to go and make a dent in the universe’

‘Profit actually happens as a result of the ecosystem’

’The forces of demand and supply set the price’

‘Business is all about doing the right things over and over again’

‘With any great sport, you have to collect the trophy’

‘When you buy a business, it’s like someone’s run the first 25 miles of a marathon for you'

VALUABLE RESOURCES

Invest In You Podcast

Daniel Priestley Profile - https://www.entrepreneur.com/author/daniel-priestley

Daniel Priestley at Forbes - https://www.forbes.com/sites/danielpriestley/#5b8b8f21b3cb

Dent Global - https://www.dent.global

ABOUT THE HOST

Serial entrepreneur Fredrik Sandvall loves sharing ideas and interviewing world-class entrepreneurs and influencers. Invest in You is about investments, entrepreneurs, personal development and doing fun things. He hopes to ensure you take action, helping others and yourself, plus enjoy the journey we call life.

CONTACT METHOD

Contact Fredrik Sandvall – Invest in You

https://www.linkedin.com/in/sandvall/?originalSubdomain=uk

https://sandvallinvest.com/

https://www.facebook.com/FredrikinLondon

https://itunes.apple.com/gb/podcast/investing-skills/id1445899547?mt=2