Philip Topham – Walk Your Pathway
A Little About Philip Topham:
Philip Topham is an Entrepreneur, patented inventor, author, and creator of The Founders’ SMARTER Toolkit. Philip has an inquisitive mind and a passion for ideas. He launched The Savvy Founder to help technical founders “bring tomorrows’ future today”.
With more than 25 years in both corporate and startup roles, Philip has been everything from janitor to the Founder and Chief Everything Officer. He’s served as the head of Information Technology as well as startup Chief Technology Officer building software and solving problems others said couldn’t be solved.
Philip has experienced what happens when a traditional company gets $20M venture capital infusion to become the next big thing. He has also experienced building a business without venture backing. He built a business from zero to profitability, 86% gross margins, selling more than $5M to big pharma, and changed the way the pharmaceutical industry operates.
Among his many accomplishments, Philip is an armchair sociologist with peer-review publications in social network analysis and machine learning. He holds a BS in Biological Sciences from UC Irvine and an MBA from Pepperdine University. When not working, he can be found playing billiards, traveling, or socializing with friends and family
Quick-Show Notes:
In this episode of The Millionaire’s Lawyer, JP and Philip Topham discuss:
When Philip was young he got into a corporation just as they had received Funding
Funding allows the corporation to accomplish a lot and causes people to spend money recklessly. Ensure to always plan ahead, and plan where the money is going to go.
“Spending money like a drunken Sailor”
Networking
- Having a solid network behind you is essential
- You want the people who talk positively about you when you are out of the room
- When looking for a network connection approach it from a “How can I contribute?” standpoint
Since Philip was in IT, he was able to have his hands in everything, “Cheif Everything Officer”
Begin with the end in mind
Be clear with what your CORE VALUES are
Three Types of Power:
- Physical
- Capital
- Informational
So many people feel as though more money is what is going to get investors, but what is really required is for the Risk to be lowered.
Angel Investors like to invest when the risk has been lowered
The Internet has allowed information to flow and allows for Global Leaders to talk making it tremendously powerful
Philip Topham worries that the online dynamic allows for there to be “Group Think” that could be very dangerous.
Another thing that Philip feels as though the internet is negatively impacting is peoples learning as it shows them the top five things the algorithm feels suit that question. People are no longer looking into things and wondering why that is what Google is showing them.
Make sure you are Pitching your tent, know what you are pitching, and make sure it is the correct audience.
TIP OR TRICK
You may see things as a molehill or a mountain, but be happy with what your path is. No one else can walk your path. Enjoy it.
Key Takeaways
From this episode of The Millionaires Lawyer with Philip Topham:
- Having a successful network may be more important than you think
- The network you make you might not need now, but you may need them down the road
- The most precious thing is to have people that talk positively about you when you are not there
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