4.6 • 683 Ratings
🗓️ 6 April 2019
⏱️ 21 minutes
🧾️ Download transcript
After working inside newspapers for 10+ years, Lloyd started OwnLocal to fix the business of news. With initial seed investment from Y Combinator, OwnLocal has grown to work with 276,000 SMBs through 3,500 newspaper partners all over the world. Today, OwnLocal is profitable and growing with 8-figure revenues.
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0:00.0 | My new book is out How to Be a Capitalist without any capital. It hit the Wall Street Journal |
0:05.2 | bestsellers list and I just wanted to say thank you. I hope you get it at capitalist book.com. |
0:11.9 | Here's what user Jay Eggleston said in an Amazon review. Warning, this book is addicting. Is |
0:17.2 | Nathan the new Tim Ferriss? He said, I met Nathan during my college days when he was still CEO of Hale. |
0:22.3 | I knew he was inspiration since the day I met him. |
0:24.9 | The book is totally a Nathan Ladka original, and this is the new four-hour work week. |
0:29.1 | Warning, though, it is addicting. |
0:30.6 | I'm not sure how long I've been reading it now, and the only thing that is making me from |
0:33.4 | put it down is the dreaded workday tomorrow. |
0:35.8 | Six people found that helpful. Get the book today at Capitalistbook.com. |
0:40.0 | Sometimes it's easy to start as an entrepreneur. |
0:41.6 | We always have ideas, but you rarely think about, okay, well, how long do I give |
0:45.3 | myself to see if this thing reaches scale before I decide now is the time to quit this |
0:49.0 | gracefully, which is you maybe knew that earlier. |
0:50.9 | But meantime, own locals growing, call it 20, 30% year-year growth. |
0:54.6 | They did 11 million bucks in revenue in 2017. |
0:56.9 | Again, helping over 4 billion impressions across many, many newspapers around the country, |
1:01.8 | basically print and change print advertising into a new digital stream for them. |
1:06.5 | They're looking at expanding today, founded about in 2010, 3.5 million bucks raised, own local. |
1:12.9 | This is the top entrepreneurs podcast where founders share how they started their companies |
1:19.0 | and got filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines. |
1:33.3 | We went from a couple hundred thousand dollars to two point seven million. |
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