Building A $1 Billion Dollar Company #693 days to go! | Summary and Q&A

2.4K views
November 28, 2021
by
Simon Squibb
YouTube video player
Building A $1 Billion Dollar Company #693 days to go!

TL;DR

Entrepreneur Simon Squibb shares his progress in building a billion-dollar company, including partnerships, investments, and community growth.

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Key Insights

  • 🛀 Building a billion-dollar company requires strategic partnerships, as shown by Simon Squibb's brand and corporate partnerships.
  • 🙃 Synergy and unlimited upside can be achieved through innovative approaches to collaboration and equity sharing.
  • 🥶 Simon Squibb values the mission of helping entrepreneurs and prioritizes providing free, high-quality content over monetization.

Transcript

my name's simon squibb and i'm building a  ONE $1 billion dollar company in the next   700 days! ... this is week one seven days in and  this is what's happened i had to write it all down   it's so much 250 people have joined our discord  channel already in 48 hours we've reached over   400 thousand followers on tick tock we  have managed to get an... Read More

Questions & Answers

Q: How many people have joined Simon Squibb's Discord channel within the first week?

Within the first week, 250 people have joined Simon Squibb's Discord channel, where entrepreneurs help each other.

Q: How many followers has Simon Squibb gained on TikTok in the first week?

Simon Squibb has reached over 400 thousand followers on TikTok within the first week.

Q: Why did Simon Squibb turn down a million-pound investment offer?

Simon Squibb turned down the investment offer because he wants to retain control of his company and avoid having a boss-like relationship with an investor at this stage.

Q: How does Simon Squibb approach partnerships and equity sharing?

Simon Squibb believes in synergy and unlimited upside for his partners. He offers his video editor 50% of the revenue generated on YouTube for each video edited, rather than paying a fee. He also considers his employee Talia a partner, paying her while encouraging her to start her own business.

Summary & Key Takeaways

  • Simon Squibb is building a billion-dollar company in 700 days and shares his progress after the first week.

  • Highlights include 250 people joining the Discord channel, reaching over 400 thousand followers on TikTok, and turning down a million-pound investment offer.

  • Squibb discusses his partnership with a video editor and his approach to collaboration and equity sharing.

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