05 Feb 2025
1h 13m

I went from $1/day to billionaire in 10 years... here's how

Podcast cover

My First Million

This podcast features an interview with Nick Mowbray, co-founder of Zuru, a billion-dollar toy company. The conversation traces Mowbray's entrepreneurial journey, from selling hot air balloons door-to-door to establishing a factory in China with minimal resources and facing numerous setbacks, including lawsuits. Mowbray details his persistent, almost naive, approach to sales and distribution, emphasizing the importance of grit and continuous improvement. He also discusses his expansion into FMCG (Fast Moving Consumer Goods) with brands like Rascal+ and Monday Haircare, highlighting his "fire bullets, fail fast" strategy. Finally, he unveils Zuru Tech, an ambitious project to revolutionize the construction industry using automated factories and AI-powered design software.

Outlines

Part 1: Origins and Early Challenges

Part 2: Growth and Strategic Partnerships

Part 3: Diversification and Future Vision

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