EP07: Trevor Koverko - Virtual Reality and Digital Real Estate
Serial entrepreneur Trevor Koverko chats with us about a range of businesses he's built from online e-learning to one of the first VR company exits on Oculus.
3:55 – It takes persistence!
4:23 – Started online company eprof.com, Trevor’s first entrepreneurial experience. Challenging brick and mortar education. Very unexperienced, but brave and brazen!
5:15 – Accepted to a start-up incubator in China.
6:45 – Trevor cold calls the owner of eprof.com and works out a deal to obtain ownership. Wait, for $1/year?
8:09 – Making “every mistake in the book”. How have things changed?
9:30 – Next start-up is Polymath Labs. It’s a virtual reality realty company. Say that 5x fast! They took floor plans of pre-construction condos and created them in 3d virtual reality.
12:21 – Selling and raising money. Lessons learned from eprof.com were used to advance Polymath Labs for a much nicer exit.
16:05 – Introduction to cash-flowing, established, profitable websites. Also “life-style” investment vs “rockstar” investment.
26:22 – DO NOT BE AN ANGEL INVESTOR!
28:37 – Investing in Bitcoin and Erik Voorheess’ ShapeShift.io
32:40 – Building habits to make you successful.
38:21 – “your to-do list for today should be ONE item long”
39:30 – Chrome tab plugin Momentum…it keeps you on task - https://chrome.google.com/webstore/detail/momentum/laookkfknpbbblfpciffpaejjkokdgca?hl=en 40:10 Operating Procedures; the DNA of your company….and for yourself!
49:02 – Influential books, podcasts and fellow entrepreneurs.
Tim Ferriss podcast - http://fourhourworkweek.com/podcast
A16Z Podcast - http://a16z.com/tag/podcasts
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