My First Million

I went from $1/day to billionaire in 10 years... here's how

1145 snips
Feb 5, 2025
Nick Mowbray, founder of the billion-dollar toy company Zuru, shares his inspiring rags-to-riches journey. He recounts his early days selling DIY hot air balloons door-to-door and the hilarious McBroke moments while living frugally in China. Mowbray discusses the setbacks faced during the chaotic launch of a David Beckham-themed product and dives into Zuru's innovative projects, including ZuruTech. His story highlights the power of persistence, creativity, and the relentless pursuit of success through all odds.
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ANECDOTE

Early Sales Experience

  • Nick Mowbray and his brother sold DIY hot air balloons door-to-door as kids.
  • This experience taught them salesmanship and the importance of persistence.
ANECDOTE

China Factory

  • Nick and his brother moved to China with little money and no connections.
  • They set up a makeshift factory and faced legal challenges due to IP infringement.
ANECDOTE

IP Infringement

  • Nick's company copied existing products, leading to lawsuits.
  • They couldn't afford legal representation, so they wrote their own defense and got blackballed by Walmart.
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