4.8 • 18.1K Ratings
🗓️ 10 June 2018
⏱️ 13 minutes
🧾️ Download transcript
These 2 clips from my recent trip to Helsinki push home the complete fact that building businesses from the ground up take time - Deciding whether your business is ready to expand into new geographic areas is a big undertaking and between these two clips, a common theme emerges which is to make sure you're not jumping the gun on what you're trying to do.
Great clips & advice here, hope u all enjoy <3
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0:00.0 | This is the Gary V. Audio Experience. |
0:04.0 | Yes, hi. I'm Johan Nandheim. Just launched a platform for connecting companies with social |
0:19.0 | media influencers like Tinder, Self Direct and I thought I had kind of a unicorn. And now |
0:24.4 | when kind of exploring the world I say okay, there's a lot out there. But we're kind of |
0:29.2 | late here in this part of the world. So here I captured the markets really well in a short |
0:33.8 | time. That's awesome. But I wonder how my dreams about internationalization and getting |
0:40.3 | global and making it scalable, making it bigger. What advice would you give to me for that? |
0:46.3 | Well, a couple things. First of all, how big is it in the market that you're winning in? |
0:50.5 | The biggest thing that, you know, like unless you're doing seven, ten, twelve million dollars |
0:56.3 | in the Nordics, you should not be thinking about Eastern, Western Europe, US, too many people. |
1:02.6 | Like every word out of your mouth is the shit that I was just like scalable. Like we're |
1:06.8 | just all caught up in building billion dollars. It's so stupid. Like how big is your company? |
1:11.9 | How much are you doing over a million? We have a pre-revenue. We just launched it. Until |
1:17.7 | you fucking make money, you shouldn't be worried about global. |
1:20.3 | No. So you take local markets, go that way. |
1:24.3 | The intermediate did 75 million dollars in revenue, profitably, before I thought about even |
1:29.0 | going to London. Okay. Everybody's caught, listen, I'm telling you all of you. You're caught |
1:34.0 | up in bullshit propaganda. You're not thinking about it smartly. You make no money. And you're |
1:39.6 | sitting here worried about winning globally and you haven't even started winning locally. |
1:44.0 | You understand? Yeah. I'm just thinking like it's partnership the way to go, somebody |
1:49.6 | that are all there. No, the way to go is to not think about it at all. |
1:52.3 | Okay. Do you understand? Yeah. Yeah. Like the way to think about it is, it will happen. |
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