"For aspiring entrepreneurs, he said the key lesson from his career is the vital importance of "resilience, grit, hard work, and working on something that matters." Siminoff said that nobody knows how AI will reshape the world, but young people's best shot is to pursue a passion and work hard, as he expects there will still be jobs in five years for people who are "great at things.""
"As an angel investor, Siminoff has backed startups including Moink, an ethical meat producer, and Clayton Farms, a vertical farming company that has brought fresh, healthy foods such as salads to food deserts. However, Siminoff said he wants to be involved in businesses and finds the most joy in building impactful products; he has no desire to "just invest and sit around and watch things.""
Jamie Siminoff emphasizes resilience, grit, hard work, and working on something that matters as core ingredients for entrepreneurial success. He advises young people worried about AI to pursue passions and develop skills, expecting jobs will remain for those who are great at things. Siminoff pitched Ring on Shark Tank in 2013, later secured investors such as Shaquille O'Neal, and sold Ring to Amazon for $1 billion in 2018. He continued building within Amazon, left in 2023, and returned in April as a vice president overseeing Ring and smart-home products. He prefers building impactful businesses over passive investing and embraces work-life fusion.
Read at Business Insider
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