"I see venture capital as credit card debt. If you don't need to take it, don't take it. There are downsides to it. If you can't pay the bills or can't find time to focus full time on your business and just need some capital to start, then maybe taking a credit card loan or an angel investment could help." - Rob Liu, Founder of ContactOut" - Rob Liu
"What I regret is if 12-year-old me had found out about what Demis Phisabas was doing or read Richard Feynman’s popular books like Surely You’re Joking, Mr. Feynman and gotten more into science. And then actually started learning the science. I optimized too much for wealth building and then realized that after a certain amount of income, which really is not that much, maybe 200K or 300K for a family, you don’t gain any more happiness beyond that." - Rob Liu, Founder of ContactOut" - Rob Liu
"I really resonate with the man in the arena quote where he says even if you try something and fail for the rest of your life, it's better than not trying. That was how I thought about doing my own business. I dropped out of college with two subjects left because I didn’t want a plan B. If I didn’t have a degree, I could never get a corporate job, I’d be unemployable. It was succeed at business or keep trying until I die. From the man in the arena quote, what resonated was that if I kept trying to do business my whole life and still failed, I would be okay because at least I tried. This is what I love doing, so I’ll just do it." - Rob Liu, Founder of ContactOut" - Rob Liu
In this episode, Jeremy Au speaks on bootstrapping to millions, why venture capital is credit card debt, and learning for impact.
Keywords: Rob Liu, Bootstrapping to Millions, Venture Capital Is Credit Card Debt, Learning for Impact, Singapore, Southeast Asia, Startup, Education, Founder Story
