Young Blood Network Strategy
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The "Young Blood Strategy" is about intentionally maintaining relationships with ambitious young people (18-21) to stay current with trends and maintain fresh perspectives. Here's how it works based on Shaan and Sam's experience.
Core Strategy Elements
- Maintain 4-5 relationships with ambitious 18-21 year olds
- Let them make mistakes and learn without constant correction
- Focus on energy and potential rather than current expertise
- Use their perspective to stay current with trends and new opportunities
Benefits of the Strategy
- Access to new trends and platforms before mainstream adoption
- Fresh perspectives on business opportunities
- Different way of thinking about problems
- Early access to upcoming talent
- Keeps you connected to younger generation's mindset
How to Execute
- Give them projects or assignments to stay connected
- Create informal mentorship opportunities
- Let them talk freely without judgment
- Allow them to make mistakes while taking big swings
- Create opportunities for regular interaction (coffee chats, office visits)
- Don't over-correct their mistakes - let them learn naturally
Success Stories Mentioned
- Michael: Created viral TikToks, sold company to Morning Brew
- Soroush: Made fortune in crypto
- Ishan: Turned $100k into $2-5M through stock investment
- Steve Bartlett: Built social media agency, became Shark Tank judge
- Henry: Built successful content agency
Key Principles
- Accept that 60% of what they say might be "nonsense"
- Focus on their energy and willingness to take risks
- Value their natural understanding of new trends
- Maintain regular, informal interactions
- Create opportunities for them to share their perspectives freely
- Balance between guidance and allowing natural growth
43:53 - 49:46
Full video: 55:32SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.