Summary

In this episode of Live with Ty, Trevor Schrier shares his journey from being a Division I wrestler to becoming a successful entrepreneur in the AI space. He discusses the challenges of transitioning from athletics to the workforce, the importance of networking, and the lessons learned from wrestling that have shaped his business mindset. Trevor emphasizes the significance of sales, building a strong team, and leveraging AI technology to create innovative solutions. He also provides valuable advice for student athletes navigating their career paths and reflects on the rewards and challenges of being a startup founder.

Takeaways

• Wrestling instilled a mindset of self-motivation and learning from failures.
• Transitioning from sports to a career can be challenging but manageable.
• Networking is crucial for student athletes to find opportunities.
• Sales should never stop, even during product development.
• Building a team with complementary skills is essential for startup success.
• Learning from setbacks is a key part of the entrepreneurial journey.
• Fundraising should come after establishing product-market fit and revenue.
• Social media can be a distraction; focus on platforms that yield results.
• The startup journey is rewarding but requires hard work and dedication.
• Innovation and adaptability are vital in the rapidly changing AI landscape

Chapters

00:00 Introduction and Guest Background

01:24 Transition from Wrestling to Entrepreneurship

03:43 Navigating Early Career Challenges

06:29 The Importance of Networking for Athletes

09:09 Building an AI Company Without a Technical Background

11:56 Identifying Pain Points and Team Building

14:29 Navigating Startup Challenges

18:16 Fundraising Strategies for Startups

22:16 The Importance of Innovation in AI

24:49 Advice for Student Athletes Transitioning to Careers

26:57 Hot Takes on College Sports and Athlete Compensation

SOUND BITES

• "Never stop sales."
• "I can only chase so many things."
• "I love the competition."