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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