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The Founders Lounge

From Selling Fake IDs to Building a €10.000.000 Business - Ryan McDaid | E71

Dec 6, 2022
01:05:02
Ryan McDaid is the co-founder of Fonez, an Irish electronics store which he took from 0 to €10M in revenue. He recently took a back seat and decided to instead focus on his property business and life coaching.    Brought to you by Judge.me - the ultimate e-commerce product reviews solution. If you’re looking for a job in an inspiring, profitable, and fast-growing UK-based startup, check out https://careers.judge.me.   --- ➤ Please subscribe & share if you liked the episode ❤ ➤ Follow for business ideas & stories: https://twitter.com/MaticJ ➤ Matic’s UK product founders community: http://joinpmf.com ➤ Looking for funding? Get a VC intro: http://vc.foundrs.vip   ---   In this episode, we talk about: - Ryan’s first (illegal!) business - When is it ok to break the rules - How Ryan discovered the opportunity that led him to found a €10M brand - Opening physical shops - How to compete with large corporations - How to build a strong brand - Working in the business vs working on the business - Startup Home and how Ryan and I met - Why Ryan is now focusing on his property business - Personal growth through business - Does money matter in life?   VIDEO: https://www.youtube.com/c/TheFoundersLounge    --- Marketing and postproduction: Tom Zorman (https://www.linkedin.com/in/tom-zorman/)

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