He Was Robbed of $100K — Then Built a $300M App That Pays You to Use Your Phone!
The Passionate Few
OMAR ELATTAR
4.9 • 602 Ratings
🗓️ 22 May 2025
⏱️ 60 minutes
🧾️ Download transcript
Summary
Dan Novaes is the Co-Founder and CEO of Mode Mobile, a company that enables users to earn passive income through everyday smartphone activities. A serial entrepreneur, he previously founded MobileX Labs and Nativ Mobile, ventures that collectively generated nearly $100 million in revenue.
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Timestamps 👇🏻
00:02:09 – Mode Mobile: Get Paid to Use Your Phone
00:14:58 – $20K/Day App Built in a Week (Then Banned)
00:24:33 – Dan's Early Hustles: Playboys & Polo
00:32:21 – From Hustler to Tech Founder
00:35:54 – How Mode Mobile Raised $30M from Users
00:40:35 – Why Buying a Business Beats Starting One
00:47:13 – Scaling Mode Mobile with Rewards & Partnerships
00:53:06 – The Future of Mode Mobile & Dan's Advice
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Transcript
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| 0:00.0 | My business is going really well, you know, and I was doing great, had his warehouse in |
| 0:03.2 | UK, and then I get a call one day. Hey, the warehouse was robbed. They robbed everything. |
| 0:07.6 | I lost a . overnight, didn't have an insurance, and anything. And that was like a good |
| 0:11.1 | portion of my money. Dan Novias. CEO of ModeMobile and creator of the Earnphone. |
| 0:18.3 | This young entrepreneur has built an empire of over $300 million. You are going to want to listen to this. At our level, what Mo does is we pay you to use your phone. In eighth grade language, how would it work? You like to play Candy Crush, and Candy Crush is willing to pay a certain amount of money to make sure you play it. We take that money they're willing to pay and we reward you |
| 0:37.9 | per minute you play Candy Crush. We'll do that across the music you stream, the videos you watch, |
| 0:42.4 | the stocks you trade. Literally think of every facet of your mobile journey. Our goal is to kind of |
| 0:48.0 | unlock and create neutrally beneficial opportunity between your usage and an advertiser. |
| 0:52.9 | How did you get the ball rolling in customer acquisition and then working alongside vendors? My co-founder and I had been working together. We built that in a week and this app literally went to the sixth highest in the AOS store at the time and 66 highest grossing. And it was making like 20 grand a day every day. Wow. I thought it was a glitch. I remember being in New York and I almost like had a heart attack. What do you think are the ingredients that make an app or a business or product market fit where the cash starts rolling in? What's the common denominators? Yeah, and as long as you can... Representing the Passion of Few podcast. Omar, the podcast, star Eliton. |
| 1:29.3 | Omar's a rock star. Omar, it's Tony Robbins. |
| 1:30.3 | You gotta be so proud of yourself, man. |
| 1:36.3 | Before we get into this epic interview, I have one quick ask. |
| 1:39.3 | Well, we've had the privilege of reaching millions of people on the show. |
| 1:42.3 | The data shows that almost 80% of you guys who watch the show aren't yet subscribed. So if you could do me one quick favor and click that subscribe button right now, it would mean the absolute world to us. Because when you hit subscribe, not only are you allowing us to grow the show, get bigger guests, ask better questions, but you're allowing us to honor our commitment to do everything in our power to help you take your life your business your health |
| 2:03.9 | your relationships to that next level and with no further ado enjoy the show hey |
| 2:09.1 | guys welcome to this episode of the passionate few podcast today we have none |
| 2:12.4 | other than Dan Novez he's the CEO and founder of Mode Mobile and today we're |
| 2:17.2 | gonna talk about his incredible story what Mode Mobile is and how you can use your mobile device in a way unlike ever before. So no further ado. Thanks so much for being on the show today, Dan. Thanks for me, Omler. Really appreciate it. Absolutely, man. So let's get into Mode Mobile. We'll talk a little bit about your story, but for the audience who doesn't know, can you give them a little high level of what mode is, how quickly you guys have grown and why you guys have got a ton of investors and a ton of interest right now in this product. It's very cool. |
| 2:46.0 | Yeah. So at high level, what Mode does is we pay you to use your phone. |
| 2:57.3 | The thesis behind it is that essentially there's like 168 hours a week for everyone, right? |
| 2:59.0 | Doesn't matter if you're a billionaire or not. |
| 3:06.8 | And if you're sleeping eight hours a day, then that drops down to about Honduran, you know, 12, 14 hours. |
... |
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