Scout Collins’s Reviews > The Unfair Advantage: How You Already Have What It Takes to Succeed > Status Update
Scout Collins
is on page 227 of 256
227: Funding
-Government grants, crowdfunding, social impact funds
-Private angel investors ("Rich individuals, they're often successful startup founders themselves. They are usually the first outside investors, meaning not friends or family. Easier to approach & pitch than VCs. They have to like your vision and you, the market, and sometimes even the social impact")
— Feb 09, 2026 06:35PM
-Government grants, crowdfunding, social impact funds
-Private angel investors ("Rich individuals, they're often successful startup founders themselves. They are usually the first outside investors, meaning not friends or family. Easier to approach & pitch than VCs. They have to like your vision and you, the market, and sometimes even the social impact")
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Scout’s Previous Updates
Scout Collins
is on page 240 of 256
240-241
-"Whys" are so important (related to lower self - living a certain lifestyle, increase status/recognition; and higher self - wanting to have a positive impact on society or the planet).
— Feb 09, 2026 06:40PM
-"Whys" are so important (related to lower self - living a certain lifestyle, increase status/recognition; and higher self - wanting to have a positive impact on society or the planet).
Scout Collins
is on page 239 of 256
239-240: Conclusion - summary
-Believing in Luck and hard work: using these mindsets as tools
-Luck mindset: grateful for what we have, sense of contentment/acceptance for what we have in life (not being a victim).
-Hard work mindset: we have the power to change the course of our lives for the better by setting goals and putting in the effort & hours to get there. Dream of a better future, then realize those dreams
— Feb 09, 2026 06:38PM
-Believing in Luck and hard work: using these mindsets as tools
-Luck mindset: grateful for what we have, sense of contentment/acceptance for what we have in life (not being a victim).
-Hard work mindset: we have the power to change the course of our lives for the better by setting goals and putting in the effort & hours to get there. Dream of a better future, then realize those dreams
Scout Collins
is on page 231 of 256
231: "Make sure the market size is in the billions of dollars if you want VCs to be interested."
— Feb 09, 2026 06:36PM
Scout Collins
is on page 215 of 256
215: Idea validation phase
"You need them to love your product, not just like it. They need to be your evangelists, spreading the news by word of mouth. If they don't, you're probably going to fail. Word of mouth is like striking gold, because word of mouth is free, and, if you have enough of it, you'll have viral growth."
— Feb 09, 2026 06:32PM
"You need them to love your product, not just like it. They need to be your evangelists, spreading the news by word of mouth. If they don't, you're probably going to fail. Word of mouth is like striking gold, because word of mouth is free, and, if you have enough of it, you'll have viral growth."
Scout Collins
is on page 181 of 256
181: "Beware of confusing society's symbols of success (private jets, designer clothes, fancy restaurants, exotic holidays) and actual success (happiness, fulfillment, self-actualization, growth, learning, adding value to others, having positive impact, having the freedom to spend quality time with the people you love)."
— Feb 09, 2026 06:24PM
Scout Collins
is on page 181 of 256
that's something you will have the power to achieve. Make your criteria for success process-based rather than outcome-based. You can't control the outcome, luck always plays a role, but you can control your own actions and processes to do the right thing in alignment with your values and goals."
— Feb 09, 2026 06:24PM
Scout Collins
is on page 181 of 256
180-181: "You need to define success for yourself. If you do not, the media, friends, family, colleagues, social media, will define it for you. You will see what looks like success and you'll chase it. Then, the goalposts will keep moving and you'll never feel happy. If you can define success for yourself (less focused on external - like net worth), but more on internal higher-level needs (helping others),
— Feb 09, 2026 06:24PM
Scout Collins
is on page 142 of 256
142: Knowledge, Network & Signaling
Universities may have entrepreneurial societies, or their own investment fund
An elite university= a large status booster & immediate credibility - shorthand for "I'm smart, diligent and talented"
— Feb 09, 2026 06:13PM
Universities may have entrepreneurial societies, or their own investment fund
An elite university= a large status booster & immediate credibility - shorthand for "I'm smart, diligent and talented"
Scout Collins
is on page 136 of 256
136: "Turn bad luck into good luck. Take it as a learning opportunity and way to do better next time.
You might find a new path, or better goal - how lucky you got that nudge!
Focus on what you're grateful for, instead of what you don't have. Have a mindset of gratitude."
— Feb 09, 2026 06:04PM
You might find a new path, or better goal - how lucky you got that nudge!
Focus on what you're grateful for, instead of what you don't have. Have a mindset of gratitude."
Scout Collins
is on page 136 of 256
136: "Expect to be Lucky
Self-fulfilling prophecies are real. That's why Martin is more likely to notice the money. You'll be more likely to notice opportunities if you try to, and expect to notice them. This is part of optimism, which is very powerful.
Be grateful for past luck and even expect to be lucky more often."
— Feb 09, 2026 06:04PM
Self-fulfilling prophecies are real. That's why Martin is more likely to notice the money. You'll be more likely to notice opportunities if you try to, and expect to notice them. This is part of optimism, which is very powerful.
Be grateful for past luck and even expect to be lucky more often."
