This Single Skill Made Him A Billionaire In Under 1 Year | Ankur Jain

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 21 May 2024

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#85 In this episode, I sat down with CEO and founder of BILT, Ankur Jain. Ankur shares the mindset and strategies that helped him succeed, emphasizing the power of persistence in overcoming obstacles. He talks about his startup journey, from early challenges to navigating regulations, and how focusing on customer needs allowed his company to transform the real estate industry. Tune in to learn how Ankur's determination and creativity turned 'no' into 'yes,' fueling remarkable growth. Special thanks to our partners & sponsors: Webull (free stocks) - https://erikataughtme.com/invest Aura: Get a 14-day free trial with my sponsor Aura and see where your personal information is being leaked online - https://erikataughtme.com/aura Bilt Rewards - https://erikataughtme.com/bilt I’m running a free “Save $1,000 Challenge” to teach you creative strategies to save money. It’s 5 days long and starts on Monday. Grab your free spot here: https://Erika.com/go 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 to listen on the go? Listen wherever you get your podcasts. https://www.erikataughtme.com/follow Prefer video or want closed captions?⁠⁠ Watch this episode on YouTube. https://youtu.be/KZVWlWg5ZJU Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠ https://erika.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.⁠ https://www.instagram.com/erikankullberg For more information, go to⁠ https://erikataughtme.com Get on my personal finance & investing course priority waitlist here https://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it https://erika.com/mastering-YT ⁠Get more of my free resources. https://erika.com/all-links

Transcript

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0:00.0	Hey it's Erica. Today I'm relaunching my episode with Encore Jane, who's the CEO and
0:05.4	founder of Built Rewards, the first ever rewards program plus credit card that lets you
0:10.8	earn points on rent without transaction fees or charges.
0:14.3	Pretty cool, right?
0:15.9	In order to make his business dream a reality, Encore had to fight to change regulations
0:20.5	and it paid off.
0:21.9	In less than a year, he had built a billion dollar company.
0:25.0	Forbes recently announced that Encore is also now a billionaire with a net worth of over $2 billion.
0:31.0	Amazing, especially considering that he's only 34 years old.
0:34.6	In this episode we talk about the single most important thing you need to build a
0:39.2	successful company. spoiler alert, it's not just about having a great idea.
0:43.7	Encore also shares his top networking tips and travel hacks.
0:47.8	I know you all have a good travel hack and so do I.
0:50.4	All right, I hope you enjoy this episode.
0:52.1	When you think about building a company, you've got to have the right product to solve a real problem.
0:58.0	You have to have the core business economics and all of that stuff.
1:02.0	But what people don't talk about
1:03.6	is it doesn't matter how good your idea is
1:05.6	or how perfect the timing is.
1:07.6	If you are not relentless at taking no, no, no, no, no, no, no, no, no, no no no no no no over again and still being willing to come to the
1:17.8	plate it doesn't matter.
1:18.8	Encore Jane is an entrepreneur and the founder and CEO of Built Rewards, a company that allows people to get credit card points for paying rent.
	...

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