@vusithembekwayo_official: In the history of entrepreneurship, the stories of Facebook and Amazon stand as sagas of resilience and visionary thinking, challenging the conventional notion of immediate profitability. For years, both giants navigated uncharted waters, fueled not by immediate financial gains but by the unwavering belief in their transformative potential. Facebook, once a dorm-room project, and Amazon, initially an ambitious online bookstore, both faced years of losses. Yet, their founders, undeterred by short-term financial setbacks, attracted venture capitalists who saw beyond the balance sheets – they saw the seeds of revolutionary change. Entrepreneurs, take note: the journey to success is often a marathon, not a sprint. The playbook of Facebook and Amazon reveals a strategic dance with venture capitalists who not only injected capital but shared in the vision. It's about understanding that sometimes, the pursuit of greatness requires partners who grasp the magnitude of the opportunity and are willing to invest in the long-term potential. Remember that immediate profitability isn't the sole metric of success. It's about attracting the right partners, those who see the opportunity not just for what it is today but for the revolutionary force it can become tomorrow. #vusithembekwayo
Vusi Thembekwayo
Region: AM
Tuesday 05 December 2023 12:10:26 GMT
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lionofgh :
it's very easy to analyze it when it becomes successful
2023-12-05 20:48:04
102
Mc Sunday Kennedy :
I almost gave up 5th year running a private high schools here in Kenya loses after loses...oooh, after listening to this, 2024 HERE I COME🔙
2023-12-06 04:52:01
30
tennysonfletcher :
Amazon was investing in its self. Jeff Bezo already mentioned it in another interview. Spending billions on warehouse and infrastructure
2023-12-05 22:51:55
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Zamokuhle :
Lol pre revenue doesn’t mean pre income 👀
2023-12-06 04:37:03
4
tweneboahraphael :
when you understood brand building
2023-12-07 15:06:14
1
Brian M :
“What you need is a hundred venture capitalists, each of them with 100 million” 😂😂😂 this guy kills me
2023-12-05 17:23:34
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Phile.K :
How was Toyota stated?
2023-12-05 16:56:15
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Coach Vincent :
Facebook, Amazon and the other “big boys” playing on a different football field; also access to federal funds; i.e. cybersecurity! 👀
2023-12-06 08:55:49
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Community Tik Talker :
but who would back us
2023-12-09 06:29:47
1
Charles_Martel187 :
..or, there was a higher vested interest other than capitalism, to ensure that business became mainstream
2023-12-05 20:52:30
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motivelead :
This man is an oasis of wisdom and intelligence. Thanks for sharing this.....
2023-12-08 17:20:00
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Impermanence :
What is the stat.? how many amazon and facebook and how many failed and lost my 2 mil.?
2023-12-06 00:39:21
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OB1 Konobi :
lol the theory. You see, the other issue is that no one wants to show profits in the earlier years because you would need to pay taxes if you do.
2023-12-06 08:22:38
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Sebastian Wonderlust channel :
wow!!!!!!!!
2023-12-06 20:04:02
1
Jay :
it's the thing they lock you up for when you try to do it without them.
2023-12-08 22:04:37
1
Joel Hosung Kang :
This is incorrect
2023-12-06 11:49:23
1
Luide Kakembo :
Multiple investment bubbles are bursting, that kind of funding outside of AI is very hard to come by.
2023-12-06 10:13:49
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Success Growth Circle :
wait im confused please can someone help explain the last part ?
2023-12-08 20:05:15
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Italian Grandpa :
Amazon showed losses because of 100% reinvestment and tax benefits.
2023-12-09 08:35:48
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spin726 :
So how do early finders or venture capitalists make money, are their losses write offs😳
2023-12-08 16:26:22
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ibma897 :
Hahahaha not nowadays for sure
2023-12-06 01:14:11
1
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