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Notes · 3 min read
What stood out to us on day one of Fortuna One
Seven speakers, three or four ideas each. These are the ones I wrote down.
Steven Bartlett
Founder of Steven.com, investor, Diary of a CEO
- Act at 51% certainty, not 100%, because most decisions are reversible.
- Reward the rate of experimentation, not just the wins.
- As AI floods every feed, real community becomes the scarce value.
John Lee
Entrepreneur, investor, mentor
- People want entertainment more than education, so combine the two.
- The fortune is in the follow up, so automate it.
- Repurpose one piece of content into everything, at scale.
Natalie Piucco
Google Field CTO, applied AI strategist
- Around two thirds of staff already use AI at work, sanctioned or not.
- If you are not paying for the tool, you are the product.
- Document the process, not the model, because the process survives the next model update.
Aaron Sansoni
AFR Young Rich Lister, founder of Sansoni Management
- A business moves through three stages: job, business, asset.
- Busy and profitable is not the same as free.
- Build a business that runs without you.
Paul Siderovski
Founder of Limitless X
- The economy is cyclical, and right now we are in winter.
- Challenge your own confirmation bias.
- The share market is a six month crystal ball into the economy.
Shelley Sullivan and Kayla Itsines
Founders of MCo Beauty and SWEAT
- Speed wins.
- Turn customers into a community.
- Don't build a business around yourself.
Joseph McClendon III
Neuropsychologist and peak performance strategist
- Wealth is a triad of health, happiness and financial abundance, not just money.
- Ten psychological barriers, including procrastination, fear of failure and imposter syndrome, hold most people back.
- You can condition an instant "yes" state without years of repetition.
Two themes
Two themes ran through the day for me. Don't build a business that depends on one person, and put your own rules around AI before your team makes them up for you. Both are things I see in the businesses I mentor.
