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Gianni Kovacevic

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120
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2016-07-29
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2016-07-29
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  1. Yeah, I ended up on May fourth and one of the, I believe, founders and directors of Tesla Irand Price was having his global energy conference that day.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. I know we did not ask for permission with Tesla. I bought the car. I sent Elon my book, which the title may shock people, but of course the character, the doctor in the book, buys a Tesla and adopts the Tesla way of life. What they're now doing with merging or attempting to merge Solar City and Tesla, calling it the Tesla lifestyle. And a half ago, I was already saying that in my book that this is the future. People want the package. They want that package where they want to be completely independent from grid, from fossil fuels, call it what you will in their homes for all their transportation and energy.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Exactly. So we can do things a lot faster today. And there's an army of people that will and are doing this. It's not one company. It's not just Tesla anymore.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. Exactly, exactly. And you move on. And this is, I like in this to the charging network system. We can get into some other things that are happening with the incumbents, but it's really like the Model T was perfected on the assembly line and started rolling out in October of 1908. So it's really like...

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. While we took the slow route, I stopped in all the cities I was doing book events about two days per city. So I would come in, I would, the car would be charged before I came into the city. I have enough range, 230, 40 miles to do all my nonsense around the city. Of course, when I'm sleeping, the car's charging. more and more hotels and businesses are now catering to people to have these destination chargers, not the super fast ones, but the ones that charge at a relevant. But overnight is 40 miles an hour you get each hour you're parked. You get about between 30. So five hours you fully change.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Well, let's reverse engineer it. Because of the German journalist, I said, we're going to stop when you're tired, when you need to use the restroom, when you're hungry. And by the time we got to Boston, we were not 15 minutes inconvenienced. Really? Because you have to stop. You have to stop and eat. You got to stop into a restroom. So now this is curated. The computer tells us where we're going to stop and you have a PF Chang there or you have, you know exactly what you're going to do. There's no curious where you get off the freeway oh we're eating at you know this fast food join or that fast food joint you kind of know exactly what you're up against when you get there he was shocked from a German perspective which they're maybe a little bit more skeptical

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. You sit, you have lunch, the time of breakfast, the time of coffee. Some cities, it's only 15 minutes because sometimes they're sandwiched maybe 100, 130, 140. Toronto.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. The computer tells you how much time you need to get to the next supercharger with a cushion, meaning you have extreme air conditioning on or extreme heating on or what have you traffic. It's about 30 minutes.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  9. Yeah, it's really getting between the superchargers if you're doing cross-country travel. And they're about between 150, 250 miles apart, all the superchargers, connecting all the major cities today Today already there. So

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  10. We started in Toronto, Canada at a major conference. It was one of the focus points there where people would come and I had all the sort of decoration on the car and I told them what I'm going to be doing and I drove to Boston with a very skeptical German journalist, I will add, someone who did not believe this would be so comfortable. And I went from Boston all the way down to Pennsylvania, Florida.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  11. We wanted to do a special book tour. I wanted to have something that's not your, you know, you go to 10 or 12 cities. So I figured, hmm, I can showcase to the world, in my opinion, the future is now with respect to electric cars. So you have to exaggerate these things. You know, you've got to go from around the entire nation. I was also able to visit more cities. I was able to talk to more people. And I was able to engage with them, be it government, be it investors, be it regular society, and show them physically that the future is now. We can do this now. You can drive an electric car day to day across the country, whatever you wish.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  12. Yeah, my book has nothing to do with fast cars. It has everything to do with, as we say in the subtitle, investing in the rise of the new spending class. And it's this story about a young electrician and his family doctor. So it's all about the electricity. It's all about the electricity.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  13. Uber's, of course, been a private company. So most people out there can't invest or don't have the ability to invest in those things. And you can go on and on and on. And I think we talk a little bit about trend building and the way people can get themselves versed on this stuff is subscribe to bloggers, newsletter writers, go to really high quality conferences, get the collective opinion of many people and their ideas. And you yourself will come up with your own sort of trends that you can follow.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  14. Trend gets underway, let's liken it to a parade. It's very hard to create a parade. But when you see it and when it's obvious, it's going on, you want to jump into that parade. You don't need to be the lead float. You just need to be in it. You need to understand. And because you have experience, meaning you've kicked the tires. You don't go one day to the next and say, oh, you know, Uber is going to be something that's going to be important to the world. I think if you have to sort of understand how mobile technology evolved and you don't come in one day to the next, it happened, you know, with the iPhone in 2007. The app started to be developed. So already by 2010, 2011, 2012, hey, you used the first time you said, holy smokes, this works. I get it.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  15. The answer is the short answer as you know, it's difficult. If it was easy, we'd all be billionaires, you know, and if it was easy, they would call it snowboarding. It's something you learn in a few days. It's not.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  16. You lose money, you win with this guy, you win with that guy. And after maybe 15 or 20 years of experience, hopefully you can narrow that down a little bit to have more winners and losers.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  17. Absolutely. And so when you're looking at that as an investor, I'm looking for people that are listening to the music. They're not getting confused by the noise. Classic page 16 story or stories as investors. So entrepreneurial ship is, you know, people in groups that want to buy into that. You can see it. Like Warren Buffett would say when something is so obvious, you don't even need a pencil and paper to figure it out. It's like, you know, we've all heard of those ideas that even that internet protocol or that app or that gizmo in the past 20, 30 years, you say, wow, that'll succeed. It's just so intuitive. And I think when you're creating these visions as an entrepreneur, you're also managing, it's a lot of psychology, a lot of sort of relationship building. The bigger an organization gets, you end up managing all these personalities. So you want to find those mavericks that A, create the product that people want and need in the future. And they have the ability to stick handle that business as it grows. How do you find that? Well, it takes a long time. I think you need years and years and years of experience.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  18. That's where my heart beats supporting these things that I would say that you don't want to give society what they think they need or what they think they want. You want to give them what they do not have and what they don't already know that they want. We've seen examples from Henry Ford in the car, from the iPhone and Steve Jobs.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  19. I'm from Vancouver, Canada, and what software is to Seattle is what, let's say energy commodities, natural resources are to Vancouver, Canada. So, a lot of my friends, we grow up and they become stockbrokers, other ones become geologists, engineers. And just you end up, you know, entering the workforce, and there it is. It's so important to, basically Canada in that part of our country particularly that you're just indoctrined into it, no different than someone from, as I say, Seattle or San Francisco would get involved in software computers

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source

  20. I am a curious investor. Follow trends. I try to be, you know, I consider myself to be a value investor. So I'm not really a trader. I want to look at deep value. And effectively, I don't want to invest in the story on page one, as my friend Don Cox would say. That's the efficient market. I want to invest in the story on page 16 that's headed to page one. So I'm trying to make a career out of investing on page 16 stories.

    2016-07-29 · Masters in Business · Interview With Gianni Kovacevic: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source