YouSaid · the spoken record

Nathan Latka

lines on the record

53

first

2016-02-07

most recent

2016-02-07

sittings or episodes

1

sources

podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

1. “I dropped out of school, grew it to 40 grand a month in recurring revenue, raised $550,000 of capital from some of the world's top angel investors like David Cohen from TechSars. And then after that, we kept growing it for three years, grew it to almost $90,000 a month in revenue, and then raised $2 million from a Forbes billionaire who was the founder and actually created the MetaClat application Adderall, which many people may or may not know. So we grew it. You know, we grew the team of 25 people. The tooled in millions and millions and millions of dollars in sales. The valuation, as you mentioned, did exceed 10 million fairly fast when we did that series A round of funding. And it has been a wild, wild ride.”

   2016-02-07 · We Study Billionaires · TIP 072 : Creating a $10 Million Dollar Company by Age 24 - w/ Nathan Latka (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT

2. “Okay, there you go. Yeah. So much like Pat, I was studying architecture. And Preston, nobody was hiring architects after the financial crash. So I said, what am I going to do? And I love when my back is against the wall. I love it. I love feeling cornered because that's when I can really win big. And when I realized my back was against the wall, I went home that night into my dorm room. It was a little 12 foot by 15 foot white cinder block, you know, with my bed above my desk and I was sitting there wearing these red Christmas boxers that my ex-girlfriend had bought me. And let me tell you, that was the only thing I got out of that relationship. But anyways, I was wearing these boxers and I just started calling people executives that had a Facebook page and I started selling fan pages. And long story short, over the past four and a half to five years, I dropped out of college, grew that to a $30,000 per month run rate within six months of starting. Once I hit 30 grand in monthly recurring revenue.”

   2016-02-07 · We Study Billionaires · TIP 072 : Creating a $10 Million Dollar Company by Age 24 - w/ Nathan Latka (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT

3. “Yep, that's where I started. And I would just tell your audience let's call a spade a spade. I'm not a billionaire yet, but my current personal growth rate, I will be a billionaire by 34. So mark my words. It's recorded. You can check this in four, five, six years from now. That's the date. What it was, Preston, was back when I was 19 studying architecture at Virginia Tech, much like your other guests that you had on Pat Flynn. Stig, what episode was that when Pat came on?”

   2016-02-07 · We Study Billionaires · TIP 072 : Creating a $10 Million Dollar Company by Age 24 - w/ Nathan Latka (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT