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This 21-Year-Old Is Dominating The Tech Industry | Ep 111


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In this Episode, we have Marcus Chau, a 21-YEAR-OLD computer science and math senior at NYU who embodies the entrepreneurial spirit. At just 21, he has already built and exited a TECH startup. How did he do it? Tune in to find out!


Marcus Chau, who went from physical engineering to computer science to honor his father's legacy, taught himself computer science through textbooks and YouTube, before the rise of AI tools. He tried different career paths, from writing a newsletter called "Daybreak" to participating in hackathons. Now, his focus is to continue building Lexor Strategies—a company tailored for law firms—DOMINATING the TECH INDUSTRY.


CATCH MARCUS HERE:

LinkedIn - https://www.linkedin.com/in/marcus-chau

LinkedIn - https://www.linkedin.com/company/lexor-strategies

Website - https://www.marcuschau.com/

Website - https://www.lexorstrategies.com/

Contact - 646-887-7772


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https://www.instagram.com/the1percent_podcast/

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http://tiktok.com/@the1percent_podcastPodcast



LISTEN ON OTHER SITES

Spotify: https://bit.ly/3HtT10C

Apple Podcast: https://bit.ly/3HtT10C



TIMESCODES:

00:00 INTRO

00:48 Meet the Guest

01:56 21-Year-Old Entrepreneur

02:15 College Life: Senior Studying Computer Science and Math

02:53 Current Venture: Tech Consulting Firm Focused on Automation

03:02 Personal Motivation: Father’s Passing and Shift to Computer Science

03:54 Early Entrepreneurial Journey: Self-Learning and Projects

04:00 First Startup: DAYBREAK Newsletter Failure

04:23 Hackathon Success: Disney Figma App and Beta Release

05:00 Funding Challenges: Social Media App Struggles

05:35 Tutoring Venture: Building an Education Platform

06:24 Tutoring Success: Generating Five to Six Figures Monthly

07:02 Rebranding Misstep: Losing Customers with Niche Focus

07:27 Exit Strategy: Profiting from Tutoring Venture

07:38 Internship at Goldman Sachs: Building Business Acumen

08:21 Marcus’s Vision: Helping Companies Grow with Tech Consulting

09:29 Why Marcus is a 1%er: Mindset and Work Ethic

10:13 Tech Consulting Plan: Leveraging AI for Business Efficiency

11:00 Technical Audits: Identifying Business Deficiencies

12:04 AI-Powered Projects: RAG Model for Law Firms

13:40 Handling Large Data: Challenges with Massive Datasets

15:08 Tech Audits vs. EOS: Focusing on Technical Efficiency

16:17 AI for Law Firms: Reducing Research Time with RAG Systems

18:12 Efficiency Gains: Cutting Research Time by 70%

19:27 On-Premise Deployment: Ensuring Cybersecurity

29:25 Problem-Solving: Talking Through Challenges

30:01 Creative Problem-Solving: Talking to Yourself or Others

31:04 Lessons from Experience: Creativity and Grit Over College

32:22 Critique of Education: Teaching Conformity Over Creativity

34:27 Teaching Kids: Grit, Creativity, and Entrepreneurship

36:02 Real-World Application: Creativity Beyond the Classroom

37:02 Inspiring Creativity: Coding, Reading, and Sci-Fi

39:11 Learning from Others: Books, Podcasts, and Role Models

40:22 Marcus’s 1% Life: Family and Meaningful Connections

43:00 Best Advice: Stay Creative and Embrace Smart Grit

47:50 Outro

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MarkedBy Vin Infante