Construi 4 Negócios Milionários (Para Provar Que Não É Sorte)

Max Peters

19 Feb 202425:43

Summary

TLDRThe speaker shares his process for creating successful businesses, having built four $10 million companies in 5 years. He discusses the five criteria to evaluate business ideas: business model, market, differentiation mechanism, customer acquisition channels, and personal motivation. Key lessons include: shift your scarcity mindset about money; study and apply knowledge; move fast to learn quickly; learn sales to understand customers; be humble and curious. He emphasizes you don't need to be an entrepreneur to get rich, and recommends working for someone else first to develop critical skills faster.

Takeaways

😊 I created 4 businesses in 5 years, each with over $10 million BRL in revenue
📈 There are 23 million companies in Brazil, only 250k make over $10 million per year
🎯 I'll explain my full process from idea to validation to launch for a successful business
💡 I use 5 criteria to evaluate business ideas: Model, Market, Mechanism, Means, Motivation
🚀 My first agency took 3.5 years to hit $10 million BRL, my latest business did it in 5 months
👥 Learn to sell, it teaches you to build what people want
🌱 The neighbor's lawn often looks greener than yours, don't compare unfairly
🤝 You don't need to be an expert in everything, get help in areas you're weak
😇 Stay humble and curious no matter how much success you have
🧠 AI will influence all businesses, so learn more about it (video link below)

Q & A

What is the main topic of the video?
-The main topic is the process of creating successful businesses, using the example of the 4 businesses the speaker has created that reached over 10 million BRL in revenue.
What are the 5 Ms the speaker uses to evaluate business ideas?
-The 5 Ms are: model (how you make money), market (who you sell to and what), mechanism (how you differentiate yourself), media (how you reach customers), and motivation (working on something you actually like).
What was the first successful business the speaker created?
-The first successful business was Copy Experts, a copywriting agency focused on writing sales and marketing material.
How can someone more easily create a differentiated business?
-By focusing on being specific - specializing on a narrow niche, customer, or function rather than trying to serve everyone.
What is the benefit of starting with a service business?
-A service business requires little to no upfront capital investment to get started.
What should someone focus on if starting their first business?
-If it's your first business, focus on 1 customer, 1 channel to reach them, and 1 offer to make.
What is the difference in mindset between viewing the economy as a pizza versus something that grows?
-Viewing it as a pizza means thinking that for me to make money, I have to take it from others. But the economy grows, so by creating value you expand opportunities, not just redistribute them.
Why is speed important?
-By doing things faster, you get more repetitions and opportunities to learn. Just like in Ping-Pong versus Tennis, you improve much quicker with a higher velocity.
How can learning sales help you build better products?
-When you understand selling, you also understand customers and what they want. So you know what to actually build.
Why is humility and curiosity important?
-No matter your success, staying humble and curious ensures you continue learning and finding opportunities, rather than becoming arrogant and missing new innovations.