413: How Shipt Founder Bill Smith is Serving a New Generation of Renters

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 22 June 2022

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bill Smith asked for a briefcase on his 5th birthday, and it’s been all business since. After dropping out of school at age 16, Bill started, built, and sold 3 companies over the past 15 years. His last business, grocery delivery service Shipt, sold to Target in 2019 for half a billion dollars. But Bill didn’t rest on his success. The same year he exited Shipt, he started Landing, a flexible and furnished rental apartment service. So what’s next for this wunderkind turned startup mogul? Listen to Nathan and Bill discuss Dropping out of school without his parents knowing Figuring out the prepaid technology business Exiting his first company to Green Dot Corporation His step-by-step process for proving a business idea Why he never takes breaks between businesses Proving demand in the early days of Shipt Selling Shipt to Target for half a billion dollars Why selling Shipt changed his philosophy of business His goal to build Landing into an enduring company And much more business scaling advice… Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... https://foundr.com/bookacallyt

Transcript

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0:00.0	This is episode number 413 with Bill Smith of the Founder Podcast.
0:07.4	What you need is thirst.
0:09.3	You need to be a thirsty human.
0:11.3	Who is intent on learning.
0:13.3	It's a really fascinating exploration of human potential.
0:19.0	The Founder Podcast. Even the greatest entrepreneurs had help. potential now. The founder podcast.
0:22.2	Even the greatest entrepreneurs had help.
0:25.1	If you want to learn from the most successful founders on the planet, you are in the right place.
0:30.8	Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Humpington, Steve Case, Gary V, Sophia
0:35.5	Homerosa, Barbara Corcoran, Damon John.
0:37.9	Learn from the greatest minds in business today with interviews hosted by Nathan Chan.
0:42.4	This is not your average entrepreneur podcast.
0:46.2	The Founder Podcast.
0:53.1	Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let
0:59.2	you know that our goal at founder is to help entrepreneurs succeed however we can by giving
1:04.8	away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,
1:13.3	you name it. We put out so much content to help you. And another interesting project that we're working on right now is partnering with
1:18.2	world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach
1:24.4	crucial skills like negotiation, finance, e-commerce, and so much more.
1:31.2	So if you'd like to get access to these free trainings with founders like this, which is 100% free,
1:38.2	just go to founder.com forward slash free.
1:41.5	Okay, so now let's talk about today's episode.
	...

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