Naval Ravikant speaks about what Investors and Venture Capitalists look for in IT start ups. Ravikant [in this video] also details key traits and skills you should look for in a business partner, and how to determine whether or not your idea is based on solid product development principles. Knowing that many businesses fail just on the basis of personal conflicts alone, that makes this video a must-watch for anyone intent on successful entrepreneurship.
One of the key points in the video, for me at least, is when he talks about "being secretive" with ideas. I have long been an advocate of being vocal about my projects and ideas. Ravikant says that its perfectly fine to be vocal about your ideas because an idea that can easily be stolen or replicated probably isn't a good idea to begin with. Great candid insight from a proven, humble, and knowledgeable, investor, you can't beat it.
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