Want to build a legacy business?

2 Sept 2024 · 1 min

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This content was created by Eric Siu. This content was uploaded by Eric Siu. This is a YouTube video titled "Want to build a legacy business?" (published 2024-09-02) containing an English motivational/entrepreneurship monologue by a single, unnamed speaker. The speaker discusses building generational companies over decades, cites examples such as Oracle, Microsoft, Apple, Nvidia, and Amazon, notes many firms faced near-death experiences, and emphasizes that endurance and persistence (tortoise/cockroach metaphor) matter more than raw talent.

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If you want to build something generational, it's going to take decades to do so. 10, 20, 30 years. You look at how long Oracle has been around. You look at how long Microsoft has been around. You look at how long Apple has been around. Nvidia's been around for a while as well, over 30 years. Amazon's been around for 30 years. You know, all of them, they just kept compounding over time. Apple almost died. Nvidia almost died multiple times, right? Microsoft didn't die, wasn't close to dying at any point. But a lot of these have had near-death experiences and maybe Microsoft did. In the early days, right? But that's what it is. I've learned over the years that your power to endure is much more powerful than I would say any genius or talent that you might have. And so if you can kind of be like a cockroach or be the tortoise in this race, you're going to win no matter what. It's just that most people give up too easily.