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Nawal
Entrepreneur | Build...Ā ā¢Ā 5m
Robert Pera: The Silent Billionaire Who Rewired the Internet š„ Ever connected to public Wi-Fi that actually worked? You probably have Robert Pera to thank. But most people donāt even know his name. Back in the early 2000s, Pera was working as a Wi-Fi engineer at Apple. He noticed a huge problem internet access was expensive, slow, and unreliable, especially in developing countries. He pitched a solution to Apple. They ignored him. Most people would have given up. Pera quit. š„ Building a $10B Empire from His Apartment With no funding, no marketing team, and no Silicon Valley hype, Pera started Ubiquiti Networks in 2005. His idea? Make high-performance, affordable Wi-Fi gear that anyone could use. š¹ While Cisco was charging thousands, Ubiquitiās products were faster and cheaper. š¹ Instead of spending on sales teams, he built an online community where users helped each other. š¹ With no fancy marketing, the product spoke for itself. The result? Ubiquiti exploded. It went public in 2011 and is now worth over $10 billion. š„ From Wi-Fi to the NBA, Because Why Not? Pera wasnāt done. In 2012, at just 34 years old, he made another wild move buying the Memphis Grizzlies for $377M. People laughed. A tech guy in sports? Now the team is worth over $2 billion. What Can You Learn from Pera? š¹ If no one believes in your idea, build it anyway. š¹ You donāt need ads, a great product sells itself. š¹ Sometimes, walking away from a āsafeā job is the best thing youāll ever do. Robert Pera doesnāt tweet. He doesnāt chase fame. He just wins quietly. Would you have quit Apple like he did?
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