#90 - Nathan Chan | Origin of Foundr Magazine, a Multi-Million Dollar Media Entrepreneurship Company
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"I was launching it, literally just for fun." - Nathan Chan, Founder of Foundr Magazine. Foundr Magazine is a digital internet-based magazine app on the Apple and Google Play store...
show moreFoundr Magazine is a digital internet-based magazine app on the Apple and Google Play store targeted at young entrepreneurs and early upstarts. Featured hundreds of entrepreneurs like Arianna Huffington, Tony Robbins, Gary Vaynerchuk, Tim Ferriss, Richard Branson, Daymond John, and Seth Godin.
Foundr is on a mission to inspire the world of the possibilities of entrepreneurship, and become the ultimate resource and guide for entrepreneurs. Our focus is on delving deep into the world of the entrepreneur focusing on their failures, challenges, processes and really trying to help our readers learn from successful entrepreneurs before them.
Nathan started Foundr in March, 2013 with no knowledge about entrepreneurship, publishing, apps, editorial or design and a very small budget. Fast forward to now, Foundr is a top 10 ranked ‘Business & Investing’ magazine in the Appstore sitting alongside publications such as Forbes, Entrepreneur, Fortune, Fast Company and HBR.
"When I started Foundr, I had no idea that I wanted to build a big startup or service millions of people. It was just like a side hustle project and yeah, it was a big jump going from IT to online marketing. I think more of the big jump though is not knowing anything about publishing a magazine and producing content. That’s been a very steep and big learning curve.
We worked it out along the way and made it work purely off the fact that I think I have a pretty good eye on what people are interested in. I know what excites me tends to excite other people. From there, I just followed my gut.
Before I started Foundr, I knew that podcasts were hot. I also identified that there wasn’t really a magazine in the space targeting aspiring novice-stage entrepreneurs, early-stage startup founders and also targeting young people. All the business publications out there go with the assumption that you’ve already started a business.
I thought that it would be a brilliant idea to launch a digital magazine since I knew that print was, and still is to this day, a dying trade. I also had a lot of questions that I wanted to answer myself as an aspiring entrepreneur. I thought it would just be a ton of fun and a great side hustle project. I was really interested in marketing too and that’s a big passion piece of mine. So, taking all those things into consideration, we launched Foundr."
- https://www.linkedin.com/in/nathanhchan/
- foundr.com
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