My First Million

#39 - Getting a Billion People Working From Home

16 snips
Jan 29, 2020
Jason Ciccola, founder of Rev.com, shares his journey of creating a $206M remote transcription business. He discusses the rise of freelancing, allowing workers to earn from home, and the intriguing impact of AI on the industry. Jason reveals the strategic decision to move his office away from Silicon Valley and emphasizes the importance of showing value upfront. He also shares his $400,000 domain purchase story and the clever process of naming his startup. Tune in for insights on navigating remote work and empowering freelancers!
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ADVICE

Demonstrate Value First

  • Demonstrate value before negotiating equity.
  • Working together first clarifies worth and builds trust.
ANECDOTE

The Equity Talk

  • Jason Ciccola and his Upwork co-founder initially agreed to discuss equity after three months.
  • After working together, they discovered they had the same equity split in mind.
ADVICE

Startup Experience

  • Join a high-growth startup before starting your own company.
  • This provides valuable experience and market exposure.
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