Episode description
Nick Fogle is the co-founder of Wavve and ChurnKey, but there is a lot more to Nick than just that. Wavve is an audio to video platform which has now hit $1.5m in ARR, but Nick has only left his full time job 3 years after starting the company and 9 months after it had eclipsed his salary. Why? Well, Nick had $250,000 student loans to pay off.
What we covered in this episode:
- How Nick got into $250,000 of debt
- How he felt in Christmas 2016 when he was looking at the massive number
- What steps he took to get out of debt (he wrote a book about this)
- What advice he'd give to others in the same position
- Why he started Wavve, a video to audio platform
- How the business grew to $1.5m ARR
- What it takes to work full time and run a business
- Why staying lean is so important for him
Recommendations
- Book: Anti Fragile by Nassim Nicholas Taleb
- Podcast: Reply All
- Indie Hacker: Scott Hurff