The Startup Ideas Podcast $30M by Age 19 — And Where You Should Build Today
12 snips
May 26, 2022 
Val Kateyev, a serial entrepreneur who built a $30M company before turning 20, shares his journey from a basement startup to industry insights. He discusses how technology accelerates business creation and identifies industries ripe for disruption. Val emphasizes leveraging debt as a future funding strategy and points out the necessity for founders to seize the moment. He also touches on innovative approaches to navigating emerging markets and the importance of financial education for the next generation.
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Basement Empire
- Val Kateyev built a $30M Google Ads business by 19.
- He operated it from his parents' basement, leading neighbors to suspect drug dealing.
Affiliate Marketing Heyday
- From 2000-2006, affiliate marketing thrived due to brands' poor user acquisition.
- "Super affiliates" capitalized on this by mastering marketing, outperforming the brands.
From Loss to Profit
- Val Kateyev initially lost thousands on GoTo.com due to a lack of budget caps.
- He persevered, turning his initial $1,000 earnings into significant profits.
