708: John Vitti | Creating a World Where Knowledge is Rewarded

John Vitti’s mission can be summed up in one sentence: to make a prediction marketplace for all.
John is the Founder and CEO of VersusGame, a prediction-based mobile gaming app where users can earn money simply for being right! He believes knowledge should be rewarded, and with over 100,000 new users per week, the app has been incredibly successful and influential. 
Jump in and learn more about John and how he’s creating a world where knowledge is rewarded and no one is ever too late to the game.

Things you will learn in this episode:
[00:01 - 05:11] Opening Segment 

I introduce today’s guest, John Vitti

John gives us a bit of his background

Growing up and family life 

Realizing that he could never work for someone else

The feelings of pressure to succeed

John’s college experience

[05:12 - 14:46] Failure is the Best Education

John’s thoughts on schooling 

His plan to create better education 

Best way to learn is to go and do it 

Failure is a better education than what we have now

It’s not IF you fail but when and HOW

John talks about the value of learning human connection 

John’s transition from jobs into creating VersusGame

Starting 4 companies before VG 

The importance of timing and people 

A quick word from our sponsors

[14:47 - 25:32] Creating a World Where Knowledge is Reward

John talks through the experience from his early companies 

The journey to the first $1M 

Learning how to trust people again 

Building VersusGame

Eradicating the “have’s and the have not’s” mentality 

Getting rewarded for predictions

Buying potential outcomes of an event 

Tapping into human behavior 

Stepping out of the way to allow user generation 

20% growth with 22M+ users to date 

John shares the moment he knew he hit his achievements

A lot of people got really pissed off

Emotion, positive or negative, drives interest 

[25:33 - 28:31] Closing Segment 

Who you know or what you know?

100% who you know - how would you do something by yourself?

How to connect with John and his work - links below

Final words 

 
Tweetable Quotes: 
“The only way to learn in our business, in our field, in most fields, is to just go and do it. Put down the pencil and paper and just go do it.” - John Vitti

“Knowledge should be rewarded. We want to put real money in people’s pockets.” - John Vitti

“An idea is the biggest thing in the world… That’s art.” - John Vitti
 
You can connect with John on LinkedIn. If you want to start making money on your knowledge, you GOT to check out https://versusgame.com/.
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