The Secret To Building a Billion-Dollar Company with Bilt Rewards CEO & Founder

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 28 March 2023

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

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Summary

#25: I’m interviewing Ankur Jain, the CEO & founder of Bilt Rewards, the first-ever rewards program along with a credit card that lets you earn points on rent without any transaction fees or charges. He fought relentlessly to change regulations to be able to make his business idea happen, and in less than a year, he had built a billion-dollar company: Bilt. Ankur and I discuss the single most important thing you need to build a successful company (and no, it’s not just about having a good business idea!), and he gives us networking tips for and his top travel hacks as a self-proclaimed travel enthusiast. Ready to start earning points on your rent? ⁠Sign up for Bilt Rewards here.⁠ To apply for the Senior Podcast Producer position at Erika Taught Me: https://erikakullberg.com/producer-application Special thanks to our partners: Webull (free stocks) - erikataughtme.com/invest Aura - erikataughtme.com/aura Bilt Rewards - erikataughtme.com/bilt Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠ Watch this episode on YouTube. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erikakullberg.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ For more information, go to⁠ https://www.erikataughtme.com/⁠. Get on my personal finance & investing course priority waitlist here. https://erikakullberg.com/3DMoney Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erikakullberg.com/MasteringYT ⁠Get more of my free resources.⁠

Transcript

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0:00.0	When we started from zero to a billion and a half
0:02.0	and less than a year, but it took us four years
0:06.5	to just get enough people to say yes, to make it work.
0:11.4	And there's just such a fear of taking risk or change.
0:15.5	I mean, every day, honestly, you're
0:18.2	battling with just 100 nils.
0:21.0	Rent prices are up 9% in the past year.
0:23.8	Paying your rent with a credit card and earning points
0:26.8	for those payments.
0:27.5	So there's a company we found helping
0:29.9	out renters.
0:31.1	It's a credit card called Built Rewards.
0:33.5	So joining me now is Encore Jane,
0:35.5	who's the founder and CEO of Built Rewards.
0:38.0	People think being an entrepreneur means starting a company.
0:41.0	It doesn't.
0:42.1	Let's talk about how to make money.
0:43.5	The end of the day, the challenge is, right?
0:46.7	And if you can get that life hack,
0:48.1	you can get double the value out of every dollar.
0:51.1	That's as good as making double the income.
0:53.3	You've built a $1.5 billion company in under a year.
	...

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