2min chapter

My First Million cover image

How This +$80M Founder Launches A Startup In A Weekend

My First Million

CHAPTER

Understanding Financial Strategies and Reinvestment in the Business

Exploring the difference between gross and net revenue, profit margin, and the strategic allocation of profits towards team trips, ads, servers, sponsorships, and prepayments. Additionally, they mention their initial five-year period of reinvesting all earnings into the business.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode