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He Made Tens Of Millions At Age 25

In #30, Michael Sikand (@michaelsikand) and Simran Sandhu (@_simmy_) interview Morning Brew Co-Founder and CEO Austin Rief. At age 25, Austin sold Morning Brew to Insider at a $75M valuation and has continued to lead the company since. Morning Brew no doubt continues to be the dominant player in the email newsletter space and now across formats like podcasts and social media. Austin touches on how he would make $1M starting from scratch, his content diet, co-founder relationships, his ownership stakes in virtual staffing company Oceans, his VC firm Rief Ventures, and the advantages of focus as well as being young in business.

0:00 Intro
01:13 Millions At Age 25
03:00 Older People Working For You
4:05 How Austin Would Make Money From Scratch
10:35 Copying U.S. Businesses In Other Countries
16:00 Austin's Content Diet
21:00 How To Join Someone Else's Idea
23:35 Co-Founder Relationships
27:57 Taking Advice As A Young Founder
38:08 How Austin Approaches New Opportunities
40:48 Austin's Views on Competition
42:30 Austin's VC Investing Criteria
49:47 Can Media Companies Do Tech?
51:00 What Excites Austin Now

Follow the show on IG: @ourfuturepod
Message Michael on Twitter: @michaelsikand
Message Simmy on Twitter: @_simmy_

Our Future Podcast is a production of Morning Brew.

#business #startups #entrepreneurship #podcast