Testa Pulse * September 2023

Hey! Superpreneurs, Innovators, Game-Changers, Trailblazers

I'm thrilled to see you here. This is your monthly dose of inspiration and guidance to help you break through to the next level. Each month, I share valuable insights, strategies, and recommendations on a variety of topics including technology, economy, geopolitics, and well-being.

My goal is to assist you in realizing your full potential, whether it be through building world-changing ventures, achieving your wildest dreams, or simply materializing your breakthrough potential.

Take advantage of this opportunity to overcome any limiting beliefs and pursue your true purpose . Trust in your crazy ideas , dare to dream big, and act boldly. YES it’s possible to materialize your wildest dreams, build a breakthrough business and change the world!!

Are you ready to become the architect of your own life?

Be inspired by reading my bestseller book Super-Entrepreneurship Decoded.

______________________________________________________________ Hidden Secrets of Venture Capitalists (3/3)

When serial entrepreneur and partner at Pegasus Tech Ventures Bill Reichert came to Luxembourg for the regional final of the 2023 Startup World Cup, he shared some hidden secrets of Venture Capitalists (VC's).??Journalist Jess Bauldry from magazine Silicon Luxembourg wrote an article about it. ? In this edition of Testa Pulse, you will find my insights about the last four secrets.

7.?High-performing teams don’t always execute in harmony. High-performing teams are fueled?by “constructive conflict.”

The energy behind successful teams often stems from "productive debate," a form of conflict where members challenge one another, promoting growth and innovation. Such disagreements aren't signs of dysfunction but indicators of diversity in thought and creativity.

Pro-Tip: As a leader, cultivate an environment where team members feel safe to voice differing opinions. Emphasize the importance of unity after decisions, ensuring everyone aligns with the final choice, even if they initially had a different perspective.

8.?Customers don’t buy products, they buy benefits.?

Consumers today are savvy. They aren't merely looking for products; they're seeking solutions that provide genuine value and address their specific needs. While an entrepreneur's passion for their product is essential, it's equally important to ensure that this product aligns with what the customer truly wants.

Pro-Tip: Shift your mindset from a mere product focus to a customer-centric one. Engage directly with your target market to understand their pain points and refine your offering based on their feedback. This will show potential investors that you're in tune with your audience's needs.

9.?VCs don’t understand your pitch.?

Venture capitalists see countless pitches, and while they are knowledgeable, they might not be experts in your specific niche. Your pitch needs to be concise, compelling, and most importantly, understandable.

Pro-Tip: Craft your pitch narrative in a way that someone outside of your industry can understand. Avoid jargon, provide clear examples, and remember, the goal is to make your business model and value proposition as transparent as possible.

10. VCs don’t invest in your Why, they invest in your Wow!

The "Why" behind your startup, its purpose and mission, is undoubtedly vital. It drives your team, shapes your culture, and provides direction. However, when pitching to VCs, they're also keenly interested in the "Wow!" - the unique aspect of your startup that promises significant returns, disrupts the market, or introduces a novel solution.

Pro-Tip: Clearly define what sets your startup apart from competitors and ensure this "Wow!" factor aligns with market needs. It should be an aspect that promises substantial growth or addresses a gap in the market compellingly and credibly.

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(*) Do you like this article? Want to read more like this? Become a member of Testa Pulse Weekly! Each week, I share the best tips, recommendations and news to help you materialize your breakthrough potential, tackle big problems, innovate and join the movement of world builders.? Thanks in advance for your support!

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How to Be Successful According to Sam Altman (The Guy Behind ChatGPT)

In today's fast-paced world, success isn't handed to you; it's earned, nurtured, and crafted. Here are thirteen principles from Sam Altman that can serve as your roadmap.?Sam Altman is an entrepreneur and investor, best known for his tenure as the president of Y Combinator, a premier startup accelerator, and later as the co-chairman of OpenAI, a leading research institute focused on artificial intelligence. Throughout his career, he has been instrumental in guiding numerous startups to success and has been a prominent figure in the tech and AI industries.

Here is a summary of his key points:

1. Compound yourself: Invest in yourself and your skills to grow exponentially. Focus on long-term learning and improvement, as it will compound over time.
2. Have almost too much self-belief: Believe in your abilities, even when others don't. A strong sense of self-belief will help you persevere during tough times.
3. Learn to think independently: Develop your own perspectives and opinions rather than relying on others. Independent thinking helps in making better decisions and identifying new opportunities.
4. Get good at "sales": Learn how to communicate your ideas effectively, sell your vision, and persuade others. This skill is crucial for personal and professional success.
5. Make it easy to take risks: Minimize the downside of taking risks and maximize potential gains. This includes maintaining a low cost of living and being open to new opportunities.
6. Focus: Success often requires a great deal of focus and dedication. Be prepared to put in the time and effort to achieve your goals.
7. Work hard: Hard work is a prerequisite for success. Be disciplined and persistent, and put in the necessary effort.
8. Be bold: Embrace ambitious goals, and don't be afraid to fail. Boldness can lead to extraordinary achievements.
9. Be willful: Display determination and a strong will to achieve your objectives, even in the face of adversity.
10. Be hard to compete with: Continuously improve your skills, making it difficult for others to compete with you. This includes mastering your domain and being proactive.
11. Build a network: Cultivate relationships with people who can support and help you grow. Get good at discovering undiscovered talent.
12. You get rich by owning things: To build wealth, focus on owning assets such as stocks, real estate, and businesses. You can sell your time, but it only scales linearly.
13. Be internally driven: Most people are primarily externally driven; they do what they do because they want to impress other people. This is bad for many reasons, but here are two important ones. First, you will work on consensus ideas and on consensus career tracks. Second, you will usually get risk calculations wrong.

Want to get more tips and tools like this? Enroll to?my exclusive?online coaching program The Crazy Method Launchpad. It?includes 12 modules, 18 hours of videos, 79 lessons, 19 assignments, tens of tips, tools and frameworks. ?Nothing similar exist today. In this program, I reveal the hidden secrets to become a super-entrepreneur, which strategies and tactics to apply in order to succeed and which pitfalls to avoid. ?It's your opportunity to learn from my 30-year cumulated experienced condensed into 12 modules, from your home, at your self-pace. ?Moreover, you can interact with me via WhatsApp and during a weekly 1-hour call, so I can help you to achieve your goals and even go beyond!

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Quotes To Reflect On

"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful." - Albert Schweitzer

"By taking care of yourself and doing the necessary work to create a bright future, you will inspire others to do the same."—Jack Canfield

“Tell me, what is it you plan to do with your one wild and precious life.” - Mary Oliver

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That concludes today's edition. I hope you found it valuable and informative. If you did, please consider sharing it with your network and colleagues. By sharing this newsletter on social media platforms such as Twitter , Facebook , LinkedIn , WhatsApp , or via email , you can help spread the word and make a difference. Moreover, please invite your friends and colleagues to subscribe to my?newsletter by sharing the registration link .

Until next time, build the world you love!

Fabrice

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