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Life Lessons From The Tech Geek, Evan Spiegel!

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Evan Thomas Spiegel aka Evan Spiegel is the CEO and Co founder of the most popular mobile application Snapchat. This tech geek is loved by everyone for bringing up the most incredibly used photo sharing app. The smart and savvy tech entrepreneur rebelled against the archived timelines of the other social media platforms to allow users to communicate at the moment through temporary pictures, video and text. As of now, there are 100 million active users sharing 9,000 snaps per second. Huge, right? Evan shot to fame after pioneering the idea of self deleting pictures on Snapchat. Evan Spiegel is someone the young generation looks up to for inspiration. With an estimated net worth of $ 2.1 billion, 26 year old Spiegel is the youngest billionaire in the world.

Here are 5 life lessons to learn from Evan Spiegel!

1. Dare to be unique

Do not be like everyone else. Dare to be unique and showcase your thing with confidence! The talented lad Evan said to have faith in yourself. Know that you will be capable of all the growth expected of you and that you expect of yourself. Having faith in oneself and letting things happen makes you stand out from the crowd. If you have an idea that is unique and different, do not be afraid to showcase it!

As an entrepreneur, you need to believe in yourself and make things happen with passion and dedication!

2. Follow your heart

Evan Spiegel spoke at the University of Southern California’s Marshall School of Business where he was the chief guest. Spiegel called out students to follow their heart and intuitions. He encouraged the people present at the event to listen to their heart and follow that instead of relying on someone else’s advice. If you have an idea, go follow it! Put your soul and heart into it to make it happen and see the stars following your path!

3. It’s not about the Degree

A degree doesn’t matter as long as you are passionate about something that could be implemented with immense dedication. Spiegel came up with the idea of Snapchat while working on a class project as a student, at Stanford in 2010. He initially named it Picaboo. With two of his fraternity brothers, Spiegel left the college in 2012 to develop Snapchat before he completed his degree and the rest we know is history! Evan unique Spiegel explained he too had participated in his class’ graduation ceremony, despite not receiving his degree. He even wore the cap and gown and walked onto the stage.

4. Learn from your mistakes

The inception of Snapchat took place with a mistake. Yes, we are not kidding! Snapchat was also thought up in a college dorm room. The idea came after a conversation with his frat brothers Reggie Brown and Bobby Murphy at Stanford University about sexting. There was a confusion made by one of the Snapchat’s co founder Reggie Brown. He had stepped into Spiegel’s room to discuss a photo he wished he didn’t send to someone. Brown had said I wish there was an app to send disappearing photos. Spiegel immediately became animated and called it a million dollar idea. Of course, he wasn’t wrong. We now have the best photo sharing app! Learning from your mistakes and using it as an opportunity to focus on the better is a very important thing! Do not be afraid of making mistakes, learn from them instead.

5. If at first, you don’t succeed, try and try again

It was then that Evan and his colleague developed the idea of Snapchat and started working on its development. They named it Picaboo, which failed to attract any investors’ support. Basically, just because there were some flaws in it. On top of that, the idea that why one would share an image that disappears led to the downfall of the group. Spiegel once said you are going to make a lot of mistakes. I’ve already made a ton of them some of them very publicly and it will feel terrible, but it will be okay. Just apologize as quickly as you can and pray for forgiveness.

At the end of the day if you are passionate about something and work hard for that you will ultimately achieve it.

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Entrepreneur Stories

Ex Facebook Employee Reveals How He Made $ 1 Million In A Year

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Patrick Shyu, a YouTuber who previously worked as a tech lead at Google and software engineer at Facebook, uploaded a video discussing his income after leaving the giant companies.

Shyu, whose channel TechLead has more than 500,000 subscribers, said in the video while others prance around in their business suits, driving Jaguars and acting self important, he made a million just by sitting in his toolshed, sipping coffee.

Shyu was able to generate such a huge amount from two primary sources—YouTube, which Shyu considers his main job and Facebook, which is his “side hustle gig.”  By making YouTube videos, Shyu made over $ 240,000 from ad revenues over a period of 12 months and another $ 260,000 from affiliate sponsorships. While at Facebook, Shyu made a total of $ 500,000 from base pay, bonus and equity, before getting fired.  After adding both the incomes, the total comes to a million dollars a year, Shyu explained in the video.

Even though making a million may sound easy, Patrick Shyu discussed how difficult it is in reality.  Shyu had to work 80 hours a week continuously. This included working from 8 A.M., to midnight every day, including Sundays.  While Shyu urged people not to follow his footsteps, he did acknowledge how beneficial it is to have a second job to boost one’s income.

Patrick Shyu admitted he was able to make more money as a YouTuber than he did working at Google and Facebook.  However, there is a downside to earning such a large amount as one does not have enough time to enjoy the money they are earning.  In Patrick Shyu’s words, he had to sacrifice gaming, movies and spending time with family in order to earn the million dollars. 

 

Earlier, Patrick came into the limelight when he uploaded a video titled Day in the Life of a Facebook Software Engineer.  In the video, Shyu explained the reason behind him getting fired from Facebook was his YouTube channel.  He further explained the Human Resources at Facebook did not like his YouTube channel, resulting in him being fired.  In the same video, Shyu also ridiculed the work culture at the Company.

 

Even with the disadvantage, Shyu put more emphasis on how important establishing a business is.  He concluded the video with the statement that there is always a fear of being replaced when working under someone.  However, working on your own business gives you the freedom of generating as much revenue as you want on your own conditions.

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20 Inspiring Quotes By Young Entrepreneurs

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There is no specific age to become an entrepreneur.  Many successful entrepreneurs started out young and through their hard work and creativity, were able to build a business empire.  Here is a list of inspiring quotes by people who started really young yet became successful beyond their imagination.

Inspiring quotes by young entrepreneurs

1. Victoria Ransom

2. Larry Page

3. Adam Neumann

4. Ben Weissenstein

5. Biz Stone

6. Joanne Malone

7. Jess Lee

8. Sarah Blakely

9. Michelle Zatlyn

10. Jessica Herrin

11. Drew Houston

12. Tony Hisch

13. Pete Lau

14. Deepinder Goyal

15. Jordan Fleigel

16. Michelle Phan

17. Mark Zuckerberg

18. Michael Dunlop

19. Jacob Cass

20. Jack Nickell

 

We hope these quotes by young entrepreneurs inspired you in some way.  Comment below and let us know which of these quotes is your favourite.

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Lessons To Learn From Joanne Malone

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Joanne Lesley Malone is a British entrepreneur and perfumer who founded the famous luxury brand Jo Malone London.  Malone’s entrepreneurial journey is one of the most inspiring ones. She launched her own company at the age of 20 and worked hard to make it a success.  Respected by many, Joanne Malone’s success story is filled with many valuable lessons. Here are some important lessons one can learn from Joanne Malone.

Lessons to learn from Joanne Malone

1) School education doesn’t determine your success

Despite being a successful businessman and a millionaire, Joanne Malone lacks any kind of educational qualification.  During her childhood, Joanne Malone suffered from severe dyslexia and faced many difficulties in school. Her teachers, instead of helping her, would describe her as lazy or stupid.  This prompted her to leave school without completing her education. Even without any qualification, she went on to create Jo Malone, which became a renowned and successful luxury brand.

2) Never settle for anything less than perfect

Joanne Malone named Madame (Countess) Lubatti, a famous skincare specialist in London, as her mentor and shared one of the greatest life lessons she learnt from Madame Lubatti.  Lubatti told Jo Malone to never settle for anything less than perfect. Malone followed this lesson throughout her life. She revealed to create the perfect fragrance for her brand, she creates 100 prototypes first. 

3) Creativity never fails

Even though she doesn’t have an educational qualification, Joanne Malone became a successful entrepreneur.  According to Joanne Malone, her success is all thanks to her creativity. Malone also defines her creativity as her career’s best friend and believes an investment made on creativity will never fail you.  Malone describes creativity as something which adds color to one’s life.

4) Never be afraid to start over

At the peak of her career, Joanne Malone was diagnosed with breast cancer.  This diagnosis led Malone to sell her Company to Estée Lauder.  She remained the creative director of the Company, but left in 2006, a decision she later regretted.  Malone was not allowed to create any new fragrance line of her own for the next 5 years. This did not stop Malone and she went on to launch a new fragrance brand called Jo Loves. 

 

Joanne Malone is a perfect example of how, through creativity and hard work, one can achieve great success.  She is considered an inspiration by many women who dream of launching their own company one day.

 

Which of these lessons from Joanne Malone’s life did you find inspiring?  Comment below and let us know.

 

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