Familial Entrepreneurship and Finding Smart Money: A Business Masterclass from Founder of MyPetGo & VC Investor, Richard Nilsson #105

“If you’re going out to become an entrepreneur, there’s nothing you can study that’ll teach you what you’ll encounter as an entrepreneur.” - 8:05 - Richard Nilsson

“You have to be a bit naive, and you have to be able to look into a crystal ball and see a future or a path that others are saying, ‘I think you're crazy’ - be in control of your destiny.” - 15:40 - Richard Nilsson

“If you look at what I did before and what I do now, there are a lot of reference points to things I felt I couldn't do, that I feel I needed to do in order to win moving forward, though in a different industry. The audience is similar, it's still digital transformation, it's taking something that is static or analog and digitising that, making it current using AI models.” - 33:30 - Richard Nilsson

“I think a lot of investors, in particular the VCs, they promise the world but fail to deliver in a spectacular manner, where they give the cash, and that's that; you almost never hear from them again.” - 48:55 - Richard Nilsson

“Money is hard to come by, so you may need to take some of the ‘dumb money’ in order to get to the ‘smart money’.” - 53:00 - Richard Nilsson

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