Nico Perez and the Mixcloud team have managed to get to 17M monthly visitors with zero outside investment. We talk about how they bootstrapped their way to a unique and profitable business. Listen out for when they lived in a 60k square foot warehouse.
We go deep in this conversation, so 5 things to listen out for:
1) Living in a warehouse and having no internet connection – many people say they “had no money” when they started, but Mixcloud really had to live that mantra when they failed to raise any investment. We go into how they paid their rent every month with limited income after Nico quit his job to go full time.
2) Getting rejected by Y Combinator and other investors – how they turned that into positive momentum and became revenue generating early on.
3) How he found a technical co-founder – in today’s digital world, a common question that comes up time and time again is “how do I find someone to help me build this” – we go into how Nico approached this problem with a “skill share”.
4) How they got the head of growth at Facebook to be on their advisory board – Building a great team isn’t just about the employees and founders of an organization. There are mentors, board members and in many cases: “advisory boards”. Nico tells us how they organically made relationships to convince smart people to be a part of their advisory board.
5) Other Topics – We had a free-flowing discussion with a few other topics we touched on: getting more women on their advisory board, artificial intelligence, building an MVP (minimum viable product), splitting up equity amongst co-founders, benefits of having 3 co-founders, books that have impacted him & what success means to him
After 10yrs as a New York party promoter, Scott Harrison went on an epic journey that turned his life around. We talk about how he built charity: water, one of the most impactful and innovative non-profits around.
–Water Problem & Non-Profit World – the global water problem that impacts 1 in 10 people and its disproportionate impact on women, education & disease
–What changed him – what changed him to start charity: water, from a life of bottles and models as a New York party promoter, to completely changing his life around 180
–Convincing top entrepreneurs to back him – how he got people like Jack Dorsey (Twitter), Sean Parker (Facebook), Chris Sacca (famous investor) and Daniel Ek (Spotify) to back charity: water
–Birthday campaigns – how the famous birthday campaigns started & what is next for them with “The Spring”
–Private sector – what he’s learned from the private sector and the role technology plays in their org, eg. how they use virtual reality for story telling
–Social businesses – what he thinks of socially conscious businesses like Warby Parker & TOMS Shoes and if he thinks the term non-profit need a rebranding
–Personal – why he could drive a $70k volvo but not a $25k mercedes, always flying coach/economy class and the pressure to be frugal while running a non-profit,
–Success – what success means to him and common traits amongst successful people he knows
-Books that have impacted him
I speak to Brian Wong, the CEO & Founder of Kiip on what he learned from building his company, being one of the youngest people in history to raise venture capital and we get a preview of his new book: 'The Cheat Code'