Billionaire Founder: No One Tells You This About Starting A Company | Ankur Jain
BigDeal
Codie Sanchez
4.9 • 972 Ratings
🗓️ 13 May 2026
⏱️ 64 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Heda, it's your big McDonald's hunger calling. And it's not just any kind of hunger. It's the kind that calls for big arch. Start with juicy beef, cheddar cheese and big arch sauce. Oh, and don't forget those crispy onions. Hungry? You are now. Saved from 11 a.m. subject to availability. Price and participation may vary. For the person who's watching this right now, that's like, I want to grow a really big business. What are some of the ingredients? If somebody started the conversation by saying, I want to build a big business, I would say, go stage your day job. Because it is so painfully difficult, and unless you are so passionate about the problem you're solving, it's not worth it. Uncle Jane is the CEO and founder of Built, which helps you use your rent money to get rewards to eventually buy a house. |
| 0:44.3 | But this episode isn't just about what he's built. |
| 0:47.3 | He is giving all the secrets so that you can build it too. |
| 0:50.3 | If you want to create a billion dollar solution, solve a $10 billion problem. And I think once you start |
| 0:56.1 | taking that approach, you start to realize, wait a second, that problem is a way bigger than $10 billion opportunity. |
| 1:01.3 | And that was how we started. But I'll tell you, one of the best pieces of eyes I got when I was younger, |
| 1:06.4 | someone said to me, they go, I want to talk about raising money. You have raised a lot of money |
| 1:14.4 | for now an $11 billion evaluation company you have. Yes. The cool part about that is I think |
| 1:20.4 | people hear $11 billion and they're like, well, must be nice. Sure. Yeah. But how do you go |
| 1:26.4 | about raising billions of dollars? You don't have to |
| 1:28.7 | have billions in order to build a company like this because you could talk other people into it. |
| 1:33.0 | What does that look like? Well, Kyle, let's take a step back. It's funny. Every stage of building |
| 1:38.5 | a company is really the same exercise, just bigger, bigger problems, bigger opportunities, bigger check sizes. |
| 1:46.8 | And I still remember for our first startup, we moved to San Francisco. I was 22, 22 years old, |
| 1:53.7 | and we were out there hustling like months on end to go raise $100,000 dollar checks |
| 2:00.2 | to go fill up like a $2,000 million round. |
| 2:03.0 | Yeah. |
| 2:03.7 | And the funny part is it's pretty much the same process when you're raising $100 million check. |
| 2:11.0 | If anything, it might actually be easier because you're talking to folks at that scale, |
| 2:15.7 | this is what they do institutionally. |
| 2:18.3 | All that said, I mean, candidly, I'm pretty anti-raising capital from traditional investment groups, especially in the first couple of years of your business. |
| 2:29.4 | Why? |
... |
Transcript will be available on the free plan in 4 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Codie Sanchez, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Codie Sanchez and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.