Business, Investment and learning from our journey of $0 - $30M ARR, $150M+ GMV
Welcome to my newsletter, where I talk about how to get more customers, make more per customer, and keep them coming back, as well as investing, crypto, and life learnings.
All the learnings come from the many failures and lessons we have learned along the way to $30M+ in annualised revenue; $150M+ in transactional volume.
We’ve got roll up your sleeve kind of hustle with a little bit of cleverness and a lot of grit. Hosted by Vincent Wei.
My writing style can be summarized as:
Vincent explain hard things like we are five y/o by sharing simple stories, funny memes and relatable stories.
I have no writing schedule so subscribe if you like to know when new articles are out (and get the learnings without the scar!).
Why subscribe now?
We're living in unprecedented times. The US Government has created more than $5 trillion in less than a year, a number so large that it’s bigger than the total supply of the British Pound, the Indian Rupee, and the Canadian/HK/Australian Dollar. Interest rates are virtually zero and unlikely to change anytime soon. This environment will push asset prices (i.e. stocks, real estate) higher and erode the value of the US dollar, and by extension, fiat currencies all over the world.
If you are between the age of 25 - 40 years old (millennial generation), you are almost, in every way measurable, financially worse off than your parents. You have less wealth, more debt, and about the same earnings as the past generation (inflation-adjusted data from Federal Reserve).
With inflation out of control, it’s no longer possible to build/save like our parents once did. How are we ever going to build a real business, have freedom in life, pay off our debts, buy our first home, stop selling our valuable time for money, go explore the world freely and choose what we’d love to do?
More than ever, it's risky to hold cash. The best thing to do is accumulate assets - assets that earn while you sleep.
The three best assets in the world right now are:
Invest in yourself
Invest in building a business
Invest in Bitcoin
I’ll spend plenty of time explaining the first two.
Besides investing in yourself and your own business, there's no asset that has outperformed Bitcoin. It has grown at 200% per year over the past decade. Bitcoin is the answer to undisciplined monetary policy. Over the past few years, we’ve written about Bitcoin and its place in a quickly-evolving global economy.
What makes this newsletter different?
One thing: I’ve personally done it myself.
From building my first profitable company at 21, building companies from $0 - $30M+ ARR; $150M+ GMV and one IPOed, to investing my own money, quitting my job to build a company, failing at making the company work, losing most of my money, and rebuilding all of that back up again… You get the idea 🤓.
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.” - Theodore Roosevelt
Together, I’ll show you and share with you the learnings I’d wish I had learnt growing up, with our over-priced education and let’s kick start your journey on building your life full of new wealth, together!
Nothing I share is investment advice. It’s essential to do your own research. I aim to be a part of that research, helping distil complex trends and ideas into simple terms.
Tread your own path!
When I first started writing, something was missing… missing conversation… with each of you. So my hope with this newsletter, and sending it to you, is that you’ll subscribe because I want more emails, NO. Because I’d rather have 10 brilliant people reading this each week and giving me their ideas than 1MM of the thoughtless commentators I see on social media.
So follow along, like, share, and comment - let’s start disagreeing already eh?
Twitter: @vinniwei
My newsletter is currently free. If you’ve gained value from it, the best way you can give back to others and show me some love for the hours every week I put into is to share it!
If you’re interested to connect, hit reply, and tell me what you’re looking for and why you joined. Let’s make this an even bigger win for you.
Thank you again for your support!
Vincent
