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Published · transcript-backed

David Rosenthal: evaluation

17 Dec 2020 Acquired Special: Acquired x Indie Hackers

“I think that's what's so cool is small business entrepreneurship in the past was a great way to build wealth and do well for your family and for yourself, but with the same or honestly less amount of effort now on the internet this path exists.”

— David Rosenthal

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Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
evaluation
Recorded
17 Dec 2020
Publisher
Acquired

Transcript context

…No, it’s really not. I like to think of this as the underdogs. The internet has been around for decades and I think the world is still kind of slowly waking up to how much it's changed the game for just regular people. Everybody's connected to everybody. You can reach literally millions of people, if you're clever enough, for pretty much $0. People are creating these very tiny niche businesses that could never have existed 20 or 30 years ago, in some cases, not even 5 or 10 years ago. I think it's becoming possible to sit down in your living room, wearing your underwear or whatever you're wearing, and just create something that's super valuable to your community and your customers that's really fun, fulfilling, and challenging for you to work on as a person, and that makes you rich in the process. I think that's pretty crazy, to check all three of those boxes. Thousands of people are doing this today. The question that I'm asking myself constantly is what happens when millions of people are doing this 5 or 10 years from now? I think that's what's so cool is small business entrepreneurship in the past was a great way to build wealth and do well for your family and for yourself, but with the same or honestly less amount of effort now on the internet this path exists. The wealth you can build even by taking this path is still so much bigger than you could building a dry cleaning business in the past, or running a restaurant. A lot bigger.…

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