transcript · 11,274 words

He Got Fired By His DAD… So He Built a $60M/yr Empire

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

All right, my friends, today's episode It's special for me and it's gonna be special for anyone out there who's a creator or who owns a media company. Let me explain. So I've got this friend named Craig Fuller. Craig Fuller runs this company called Freight Waves. It's a data business, but they have a media arm and it's a huge company. They've raised tens of millions in uh funding and they make tens of millions in recurring revenue. Huge business. However. On the side.

He ended up buying a bunch of magazines, including fly magazines, a bunch of boating magazines. Very weird of him to do that. And I wanted to do a podcast about that. Turns out He's bought all of these niche magazines. For a very small amount of money.

And he's only about three years into business. And the company's doing around sixty million in revenue. And twelve million in profit, and it's his prediction. That by two thousand thirty it's gonna do a billion in revenue. Which is A insane that that's someone's side project that they're doing that.

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