6 Tips on Being a Successful Entrepreneur | John Mullins | TED

Sometimes, you need to break the rules to innovate - but which ones? Entrepreneurship professor John Mullins shares six counter-conventional mindsets for entrepreneurs looking to think strategically, navigate challenges and change the world.
If you love watching TED Talks like this one, become a TED Member to support our mission of spreading ideas: ted.com/membership
Follow TED!
X: / tedtalks
Instagram: / ted
Facebook: / ted
LinkedIn: / ted-conferences
TikTok: / tedtoks
The TED Talks channel features talks, performances and original series from the world's leading thinkers and doers. Subscribe to our channel for videos on Technology, Entertainment and Design - plus science, business, global issues, the arts and more. Visit TED.com to get our entire library of TED Talks, transcripts, translations, personalized talk recommendations and more.
Watch more: go.ted.com/johnmullins
• 6 Tips on Being a Succ...
TED's videos may be used for non-commercial purposes under a Creative Commons License, Attribution-Non Commercial-No Derivatives (or the CC BY - NC - ND 4.0 International) and in accordance with our TED Talks Usage Policy: www.ted.com/about/our-organiz.... For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request at media-requests.ted.com
#TED #TEDTalks #business

[@Monix_7]

1) Yes we can! Mindset 2) Problem first, not product. 3) Think narrow, not broad. 4) Ask for cash, ride the float. 5) Beg, borrow (but never steal) 6) Instead of asking permission, ask for forgiveness.

[@kirubakaran996]

❤

[@YISHRAELi]

The last one is stealing and forgiveness 😂😂

[@viethuy6950]

@@YISHRAELi break the rules, oh yeah

[@shivam-subbu]

Thanks bro

[@madasyen]

thank youuu🤣

[@ShahrezadNorMohammadiy9116]

Be the person who breaks the cycle. If you were judged, choose understanding. If you were rejected, choose acceptance. If you were shamed, choose compassion. Be the person you needed when you were hurting, not the person who hurt you. Vow to be better than what broke you-to heal instead of becoming bitter so you can act from your heart, not your pain.

[@mateusferreira6636]

Great words mate

[@jesusmadrid9816]

Amazing words. Time to turnt up

[@yadavdahal1286]

This solved my problem which was killing me since 17 months i heartfully thank you 🙏🏽

[@Dr_Rdq]

wow,,,thanks

[@gellyjanedayak5320]

Just what I thought I needed to hear tonight

[@WiolciaMrozowska531]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@Jakekhalid32]

Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation.

[@laiibrahim7502]

That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?

[@Jakekhalid32]

Dustin Dwain King is my asset manager. Just research his name to find the details and set up an appointment.

[@stanleyzac1648]

Experts like Dustin Dwain King provide extensive knowledge and experience, helping clients craft tailored financial strategies to achieve their goals. Recognising the importance of expert guidance is crucial for effective management and risk mitigation.

[@Windarti30]

I copied his name and pasted it into my browser; his website came up immediately, and his qualifications are excellent. Thank you for sharing.

[@China-129]

Once you decide you're not going to allow your fears and insecurities control your life, you are free to try do anything you want with it. Walk towards your dreams.

[@user-xl3pb3hi6p]

This lecture reminded me of the importance of endlessly researching and solving problems with the products you make, rather than just making a lot of products, and to think narrowly, not broadly. Begging, borrowing, and please, don't steal I've been thinking about the advice and realized that not copying other people's ideas or products is the most important thing to succeed!

[@AbdallahBotan]

Wow! So simplified. I had stuck on some project. I'm going to use it for my next meeting with my startup partners. Thanks John and TED.

[@Manselus-mn1mn]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@MablePauls]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Stephine-un5zs]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@SirBenjamin-oq1wd]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@Stephine-un5zs]

Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@SirBenjamin-oq1wd]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@bshimekit]

You are truly amazing John. You compiled them shortly and briefly. Million thanks and will keep them, improve them, and continue learning.

[@EdwardLawrence-12345]

We are mistaken if we have a lifestyle guided by either/or logic. We think either we must conquer the challenge before us or we will be failures. We think either our loved ones must meet our needs or they do not love us. We think either we must be perfect or we are unacceptable. Often life’s answers exist in the in-betweens.

[@ShahrezadNorMohammadiy9116]

“Failure is the key to success; each mistake teaches us something." -Morihei Ueshiba❤

[@WeylandLabs]

Repeating to Fail too many times, that's insanity. - somethings we can not afford to fail at like climate change or sustainable energy. -me

[@zur13l13]

Trying is not failing. Failing to try is why we are where we are with climate. And the Fossil-fuel-funded-fascist Right blocks every attempt.

[@fittaqi7031]

There's no way that a single event could define our entire life. We're just humans making our way in the world. Trying to be better. Trying to make it better.

[@BizBob2]

This is a great video. The list is short and the examples really helpful to explain the concept. Thank you!

[@angelotheman]

More videos like this is really needed

[@kayodeaogungbemi]

This was absolutely refreshing . 🧡🇳🇬🌎

[@gialamhuynh5448]

Thank you Pr. Mullins !

[@jennaaitken3209]

This was helpful thank you:) ❤

[@rafaelmelope]

O vídeo "6 Tips on Being a Successful Entrepreneur" de John Mullins no TED fala sobre os seis mindsets contraintuitivos que empreendedores de sucesso possuem, usando histórias de empreendedores reais para ilustrar cada ponto. Aqui está um resumo dos principais pontos: 2:00 "Yes, We Can": Contrariando a sabedoria convencional de focar apenas em competências centrais, Mullins destaca a importância de adotar desafios fora da zona de conforto, ilustrado pela história de um empreendedor brasileiro que expandiu sua empresa para novos domínios tecnológicos. 4:07 Foco no Problema, Não no Produto: Mullins argumenta que empreendedores de sucesso identificam e resolvem problemas reais ao invés de se concentrarem em produtos, exemplificado por um empreendedor que desenvolveu uma liga metálica especial para evitar que pinças cirúrgicas grudassem em tecidos humanos. 6:42 Pensar de Forma Estreita, Não Ampla: A sabedoria convencional sugere mirar em mercados grandes, mas Mullins ressalta o valor de focar em nichos específicos. Ele usa a fundação da Nike, que inicialmente se focou em criar calçados melhores para corredores de longa distância, como exemplo. 8:50 Pedir Dinheiro e Utilizar o Fluxo de Caixa: Destacando a importância do fluxo de caixa para empreendedores, Mullins fala sobre como a Tesla arrecadou fundos vendendo carros antecipadamente, um contraste com a abundância de caixa em grandes empresas. 11:08 Emprestar, Pegar Emprestado, Mas Não Roubar: A história de "Go Ape", um negócio de aventuras em copas de árvores no Reino Unido, ilustra como empreendedores podem utilizar recursos existentes (neste caso, árvores de terras públicas) para construir seus negócios sem necessidade de grandes investimentos iniciais. 13:04 Agir Sem Pedir Permissão: Mullins discute como empreendedores, como os fundadores da Uber, muitas vezes avançam sem buscar aprovação prévia, uma abordagem que pode ser crucial quando as regulamentações existentes não contemplam novas ideias ou modelos de negócios. Mullins encerra desafiando os ouvintes a identificar quais desses mindsets já possuem, quais podem aprender e como aplicá-los para superar desafios e transformar ideias em realidades bem-sucedidas.

[@manieshmishraa5870]

Absolutely awesome tips 👍🏼

[@pradeepielts]

Thank you Sir❤

[@MisterNaughtyDaddy]

Spot on sir, fantastic information shared! 😎👌

[@poopoo3612]

Impressed by the part of Selling first and producing later.

[@individualrana4519]

It is helpful, thank you John.

[@MeltemAyla]

Heard from my cousin about the loyalty program she collects points like crazy says it’s very rewarding 🌟

[@hansensiahaan]

Thank you Mr John

[@Ahero0fAfrica-6789]

Sometimes people don't quit because of anything happening at work. They quit because of things happening in their personal lives.

[@eMarketEducationBengaluru]

Thanks John for sharing your experience.

[@raghurajbalasubramaniam4119]

Inspiring

[@BizBob2]

Wonderful video. Thanks for this list AND for the great examples.

[@AwomKenneth]

Thats why its important to listen and observe, so that the problems of the world can become clear to you.

[@vmeg3086]

Amazing!!

[@BlessedForever888]

I am not a business person whatsoever, but I found this very interesting to watch

[@kalonjeebless]

This contains gem

[@Daily_New_Inspiration]

thanks.

[@TurgayYucel-so4tn]

Yes, those reload bonuses can be a lifesaver, especially when you hit a rough patch. Helps to keep playing without breaking the bank

[@dericknasasira9124]

Unique information Entrepreneurs looks at problem amd look solution for it before launching products and they cut off upcoming challenge 💯💯💯💯💯

[@harrison3177]

Fantastic

[@mohamedmuparaak6465]

Is very nice points

[@SezgiEftal]

Following some tips from my brother turned into a decent win last month. Ever had a win that felt extra sweet because it came from a tip

[@SherellDimaria]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[@CEOLife]

Amazing tips!!

[@ganesanls8723]

Awesome

[@EdwardLawrence-12345]

"The humane thread that binds people who are required or compelled to pay attention to people who are obliged by circumstance or prefer by disposition to let the always-cacophonous parade go by, is hope." - Andrew Mitrovica 🇨🇦

[@jamidgull]

Entrepreneur 💎

[@FadimeSelim-mj5cc]

Gotta appreciate how 4RBT handles recalculations, always fair and quick ⚖️

[@NurullahIsik-hz1ye]

Haan yaar 4RA ke welcome bonus ne toh pehli baar me hi maza de diya tha, bohot badiya

[@NeseHasan]

Aaron Finch as an ambassador for 4rabet really raises the bar he brings that star quality to events

[@patricklifenya4271]

A million thanks for this good presentation, M. John.

[@akagainesy]

The Tesla model he describes is just Kickstarter or Indigogo

[@SociallyQuirkyToday]

You are amazing John! Thank you for the insights. 😃

[@3kay3H]

this is a great video for an aspiring entrepreneur like me

[@maricarurmeneta6216]

Indeed same hehehe

[@meereslicht]

Whatsapp is another example of a really disruptive enterprise. If they have asked for permission, they would have got a resounding no. Excellent talk 👍

[@lenardfx2144]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

[@Onuryenigun-ty1ew]

Thanks to Mr Lenardfx

[@Onuryenigun-ty1ew]

His a licensed broker here in the states

[@KrisBosch-tf7po]

I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimony on CNBC news last week.

[@halinakl-ub9gx]

Alright thanks for the recommendation, but how do I reach him?

[@EmreBercem]

Aaron Finch with 4rabet showcases their commitment to excellence in sports and more

[@LTA-wr4zr]

excellent. excellent

[@mikep.coplin6800]

A free idea for big food chain stores needing more foot trafic and business. Rent out a small space on ever ail to free sample dayers, instead of happy hour call it something like " Free sample hour " or " Free sample day " . Rent this space to shelf space customers like one would do with Air B & B. People could see who was up with the free sample line up from the website, incase they wanted to sample something before they buy it. The store would get more rental space money, more instore foot trafic and website trafic plus a lot more product sales. Just a free idea !

[@ShahrezadNorMohammadiy9116]

❤ I believe this is the greatest gift we can give each other as human beings, this sacred field of unconditional friendship where we allow each other to be imperfect. It is the space in which we give up trying to fix each other and instead listen with our entire being. It is the space in which true relaxation can happen, where the frazzled nervous system can breathe a sigh of relief… -Matt Licata❤️

[@EdwardLawrence-12345]

"I never once thought of myself as a battered wife. Instead, I was a very strong woman in love with a deeply troubled man." *-TED*

[@China-129]

Kindness is a magical spell performed by enlightened beings meant to enchant hearts and lift weary souls that they might fly💸 -Richelle E. Goodrich

[@aneelakhan1617]

Always think I can do it ..Change your mindset can change each and everything in your surroundings. Think narrow not board in business mean focused on your target audience. Look at the cash flow and investment. Never cheat.

[@DeftDodo]

Embracing opportunities allows us to step out of our comfort zones, challenge ourselves, and discover our full potential. Each opportunity leads to new experiences, learning, and connections. Think big and be unique!

[@DilekSeyma]

Winning the IPL lottery on 4RBT with Finch backing 4ra is thrilling Makes every win special

[@ilknurSezgi-mk5uh]

I stick to for the most part; it's easy and I don't have to think too hard. What's your go-to for a relaxed gaming session

[@kirinism9343]

Justify success by success. One needs to make a living but please try something beyond survival bias

[@wahyu4853]

That last tip really makes big money for AI companies for stealing

[@BeALeader-PersonalBranding]

I approve this message.

[@tubetldw]

Informative and inspiring talk! The "Ask for the Cash, Ride the Float" mindset, along with the Elon Musk & Tesla example, resonates the most with me. Just important to get paid as early as possible as an entrepreneur. I took detailed video notes✍on this video on my website in case you are interested.

[@NezaketMubeccel]

Anyone checked the new merch in 4RA store? betting points for a hoodie and cap seems dope

[@nigh7swimming]

It's a logical fallacy to believe some one off success story constitutes a rule. It doesn't. What worked once for someone may not work for you. You can only invent a bulb once.

[@YusufMehmet-fw6vg]

🎱 I keep to the classics like slots and occasionally blackjack. Keeps things light and fun. What's your strategy

[@assel4225]

Thank you! This is amazing!

[@OfficialJamesRWard]

Don't be discouraged if the business you end up with is not the one you started out with.

[@realtorrasheeddubai]

Believe in your ideas and follow them and you will achieve your goals.

[@YucelFerhan]

Every time i see the new 4ra promo, i feel like i need to place another bet! 😂💥 it’s just so enticing, can’t resist trying my luck again and again.

[@Selimismail-oc3rb]

4ra has an attractive design, using it is a pleasure. Everything looks great and works well 😍👌

[@OzlemFatih-jp7lu]

Finch promoting 4ra? Now that's a big league move, man! Makes every bet feel like a power play. 💥

[@2Looo88]

I wish it was that easy for me, i have a huge piece of land in South Africa, geologist found deposits of Iron & Manganese Ore. Existing mining companies are just being greedy with their rediculous offers to mine the land. So I guess i'll wait until i can do it myself, in the meantime i continue my job on a cruise ship, saving money for giant mining machines😄

[@YuliaGrushevskaya-bi6he]

Thank you 😊 i am at thé search of freedom money pleasure compromise😂😅😊🎉 hopefully it can help

[@MustafaMahmut-zd1lh]

4RA ki transparency bohot achhi hai, koi hidden charges nahi. Trust bana rehta hai 💸🕵️‍♂️ Always feel secure.

[@tariqlangari2099]

Theory is very easy but practical is way harder then theory lectures

[@Lisa_M_V]

🙏

[@izzettinKemal]

Bro did 34 spins on slots today, waiting for t20wc 4ra games are the best

[@abinashravi4297]

👏👏👏👏

[@Chris-el4hd]

The last tip I think is partially incorrect. 14:31 I mean... thinking ethically. Uber has done many bad things, and I think sexual misconduct is a terrible example. Think big, but better.

[@user-lm6hk5zc5l]

you now that is something impressive rather than other ted talks

[@BrunoRodrigues-fw9ri]

If you read the comments here only see negativity, just remember why you are here: to be rich, not to be right.

[@SerifeMustafa-in5du]

4ra ke loyalty program se bhi bohot points milte hain, jitna khelo utna fayda

[@JoshuaTDillard]

Care,, but it gets a lil easssier

[@HisHELLSIS]

Pls!!!give me answer what is thinking  

[@uberfella]

I don't want to think like an entrepreneur, there should be none

[@IntegratedMarketing]

👍👍

[@YasinDilek-gn8ux]

My cousin uses 4ra every day, he loves the daily bonuses. Ab main bhi try kar raha hoon.

[@george_davituri]

👍🏻

[@dameanvil]

00:00 🚀 Lynda Weinman's entrepreneurial journey illustrates counterconventional mindsets in entrepreneurship. 02:00 💡 "Yes, we can" mindset encourages entrepreneurs to embrace opportunities beyond their core competencies. 04:09 🎯 Entrepreneurs prioritize solving problems over focusing solely on product innovation. 07:10 🎯 Focusing on a narrow target market, as exemplified by Nike's early strategy, can lead to significant success. 09:59 💰 Entrepreneurs like Elon Musk prioritize cash flow and leverage it to drive innovation and growth. 11:10 🌳 Entrepreneurs like Tristram and Rebecca Mayhew demonstrate the effectiveness of borrowing resources and negotiating innovative partnerships. 13:36 🛠 Entrepreneurs often bypass seeking permission and instead focus on execution to drive innovation forward.

[@TheLoneComic]

This guy has the Coca-Cola story all wrong. It was a problem first scenario. It actually worked out brilliantly for the company, the market and the public. I’m surprised a businessman of his longevity hasn’t read or understood the classic “Doing Business Boldly: The Art Of The Intelligent Risk.”

[@gemmaandam857]

Apollo rex ola /future billionaire/dollars🎉

[@simbarashecharlesmatope-te1pv]

Focus on the problem first not product

[@elenamedvedeva3684]

Let's change the world together to be a better place, or we will just die out. AI is not the answer - believe me.

[@faisalabbas9803]

Hello everyone in today times ai becomes a major means of source through which we can resolve our problem to a large extent and in doing so a lot of people face loss a lot how can we admire our problem And way to resolve through ai actually most of us when do a Job all the works related to it become a pressure actually it is Not so as we think but different people have different resolving method they resolve the Same problem in different way

[@NilayEmrah]

4ra ki graphics bhi top notch haina bro 😎 dekhne mein maza aata hai har game ka

[@azimuddin9677]

Yes, I will be a interepreniul

[@ngochai0502]

🥰