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My First Million

#185 with Andrew Wilkinson - The Secretive Billionaire Who Acquired Burger King, Creating Better Babies & How Much Money is Enough?

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 25 May 2021

⏱️ 69 minutes

🧾️ Download transcript

Summary

Sam (@theSamParr) and Andrew (@awilkinson) break down billionaire Jorge Paulo Lemann. Lemann has built his fortune by acquiring consumer businesses and running them profitably by slashing costs. He famously sells all corporate jets when he acquires a company. The guys then get into a brainstorm on Andrew's new media company, how to create healthier babies, and "health managers". --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (4:05) Billie of the Week: Jorge Paulo Lemann * (37:25) How Andrew is building a local media business empire * (45:50) How to create a better baby * (51:25) What is a "health manager"? * (59:02) How much money is enough?

Transcript

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0:00.0

And you said you'd want to invest your money in this.

0:03.6

That's what you said here.

0:04.8

Yeah, I would love if anyone wants to do this,

0:07.2

I will 100% invest.

0:08.3

So please email me.

0:09.9

But this is one of those things where like,

0:11.4

yeah.

0:12.4

I feel like I can rule the world.

0:15.7

I know I could be what I want to.

0:18.7

I put my all in it like no days.

0:20.6

I'll put a road.

0:21.7

Let's travel never looking back.

0:23.3

All right, everyone.

0:23.8

We have a special episode with Andrew Wilkinson.

0:25.8

Andrew Wilkinson started this company called MetaLab,

0:28.2

which grew to make tens of millions of dollars

0:30.8

and using the profits from his agency, MetaLab.

0:33.6

He eventually bought dozens of more companies.

0:37.0

So he's collectively his company's

0:38.3

do hundreds of millions of dollars a year in sales

0:40.5

and have created over a billion dollars with the value.

0:42.8

So he's seen a lot of interesting stuff.

...

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