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The Foundr Podcast with Nathan Chan

559: How a $100M Exit Left This 30 Year Old Lost | Jake Kassan

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8662 Ratings

🗓️ 11 April 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

✅ Want all-access to step-by-step training from 7, 8 & 9-figure founders? Start your Foundr+ $1 trial today → Click Here ✅ Prefer 1-on-1 mentorship to launch or scale your brand faster? Apply for eCommerce coaching: → Starting your ecom biz? Click Here → Already selling and want to scale? Click Here What You’ll Learn in This Episode In this episode, Jake Kassan, co-founder of Movement Watches, reveals the emotional rollercoaster of building and selling a business for $100M—and what came after. He shares: ✅ How he scaled Movement from a $5,000 credit card to a $100M exit ✅ The loneliness and identity crisis he faced after selling ✅ Why chasing money alone didn’t fulfill him ✅ The creative spark that led him to YouTube ✅ His advice for founders struggling with burnout or searching for meaning If you’re a founder chasing big goals, feeling stuck, or wondering what comes next—this episode is packed with raw, honest insights that rarely get shared. 📩 How We Can Help You Scale Your Business Faster 🔥 Want to learn directly from 7, 8 & 9-figure founders inside Foundr+? Start your $1 trial today → Click Here 💡 Prefer a custom roadmap and 1-on-1 coaching? → Starting from scratch? → Apply here → Already have a store? → Apply here 🔗 Connect With Nathan Chan 📸 Instagram 💼 LinkedIn 🔗 Connect With Jake Kassan 📸 Instagram 🎥 YouTube 🎯 Follow Foundr for More Business Growth Strategies 📺 YouTube 🌍 Website 📸 Instagram 📘 Facebook 🐦 Twitter 💼 LinkedIn 🎙️ Podcast

Transcript

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0:00.0

Our first year we did a million, second year we did seven, 30, 75, and then sold it after like six and a half years for 100 million.

0:07.2

And you'd never been more miserable.

0:11.5

Yeah.

0:12.4

Jake Casson, co-founder of movement.

0:14.5

The brand that redefined modern watches and built a multi-million dollar empire.

0:18.8

Renowned for the direct-to-consumer approach.

0:20.6

Your mastery of influencer marketing.

0:22.7

Movement was sold for an insane $100 million in 2018.

0:26.2

You wake up and your bank account, it looks like a phone number.

0:30.5

There's gratitude.

0:31.3

You're grateful for what you did.

0:32.8

Your phone starts blowing up.

0:34.0

But all the mental power that was going into this thing I was building now churned.

0:39.1

I just overanalyzed everything, every person, my whole life, and yeah, just put me into a pretty dark hole.

0:44.9

If you have unique skills that you know how to grow brands, why wouldn't you go again?

0:53.3

Hear the stories. Learn the proven methods and accelerate your growth and future through

0:59.2

entrepreneurship. Welcome to the founder podcast with Nathan Chan.

1:07.0

So you recently just posted incredible YouTube video where you made $100 million from selling your business and you'd never been more miserable. Can you tell us about that?

1:22.5

Yeah. So I started the company when I was 21 movement. I sold it when I was 28 and I think I just

1:31.9

didn't really think about what I would do, what I wanted to do, why I wanted kind of money

1:40.1

to begin with. And when I sold it, I, there was a moment in time where I had all these still meetings,

1:47.9

which was people on my calendar. And I realized, I don't need to take these meetings anymore.

...

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