YAPClassic: Jay Samit on The Art of Disruption, How Successful Entrepreneurs Find Seven-Figure Ideas
from Young and Profiting (YAP) with Hala Taha
by Hala Taha | YAP Media Network
Published: Fri Dec 01 2023
Show Notes
When Jay Samit was in his early 20s, he maxed out his credit cards designing a new machine for reading lottery tickets. However, his design was beaten by a competitor who was bribing the judges. When he flew back to L.A., he realized that his kiosk design would be perfect for airports. He turned his failure into an opportunity to solve another problem. Since then, Jay has been helping business owners and leaders solve problems by teaching them how to develop a disruptive mindset. In this episode of YAPClassic, Jay breaks down how to cultivate a disruptive mindset in both your professional and personal life.
Jay Samit is an entrepreneur, thought leader, and international bestselling author. He is widely recognized as one of the world’s leading experts on disruption and innovation. He raises hundreds of millions of dollars for startups, sells companies to Fortune 500 companies, and transforms entire industries with his expertise in disruption and entrepreneurship.
In this episode, Hala and Jay will discuss:
- Jay’s definition of a disruptive business
- How Jay invented the airport kiosk
- An exercise you can do to practice disruptive innovation
- How to develop 90 business ideas in 30 days
- Why you should kill your business ideas
- Failing vs. failure
- Why do most restaurants fail?
- The importance of internal disruption
- How to rewire negative conditioning
- Why “no money” is no excuse
- The science of positive thinking
- How to stand out in the age of AI
- And other topics…
Jay Samit is a dynamic entrepreneur and intrepreneur who is widely recognized as one of the world’s leading experts on disruption and innovation. Described by Wired magazine as “having the coolest job in the industry,” he raises hundreds of millions of dollars for startups, sells companies to Fortune 500 firms, transforms entire industries, revamps government institutions, and for three decades continues to be at the forefront of global trends.
A former NASDAQ company CEO and Independent Vice Chairman of Deloitte, Jay helped grow pre-IPO companies such as LinkedIn, held senior management roles at EMI, Sony, and Universal Studios, pioneered breakthrough advancements in mobile video, robotics, internet advertising, e-commerce, social networks, eBooks, and digital music that are used by billions of consumers every day.
Resources Mentioned:
Jay’s Website: https://jaysamit.com/
Jay’s Books: https://jaysamit.com/books/
Jay’s LinkedIn: https://www.linkedin.com/in/jaysamit/
Jay’s X/Twitter: https://twitter.com/jaysamit?lang=en
Jay’s Instagram: https://www.instagram.com/jaysamit/
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