My First Million He Got Fired By His DAD… So He Built a $60M/yr Empire
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Jun 13, 2024 
Craig Fuller, Founder of FreightWaves and Firecrown Media, discusses his fascinating journey from being fired by his dad to building a $60M empire. He shares insights on reviving dying magazines, innovative monetization strategies, and how his company achieved $20M ARR in just two years. Craig highlights the balance between risk and stability in business, along with the importance of team dynamics. He also dives into the legacy of media mogul William Randolph Hearst and the evolving landscape of niche markets and audience engagement.
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Craig's Early Career and Firings
- Craig Fuller got fired twice from family businesses, including his father's trucking company.
- He then ran a fuel card payments company, which was later partially sold to US Bank.
Purpose of Fuel Cards
- Fuel cards aren't for driver perks; they manage fraud and expenses.
- Truck drivers manage significant monthly costs, making fraud a concern.
FreightWaves' Rapid Growth
- FreightWaves quickly grew by capitalizing on timing, digitization in supply chains, and Craig's existing relationships.
- His dad initially refused to invest, doubting Craig's CEO abilities.
