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Nawal

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SELFย โ€ขย 1y

๐Ÿš€ Morning Knowledge - Ankur Jain, at just 34 years old, became a billionaire by disrupting the rental rewards market with his fintech startup, Bilt Rewards. Since its launch in 2021, Bilt has already signed up over 4 million rental units across the U.S. and partnered with major airlines, hotels, gyms, and more. Here are some key lessons for startup founders: 1. Spot big, underserved markets. 2. Create a multi-sided marketplace. 3. Leverage your network and experience. 4. Relentlessly innovate the model. 5. Raise money from strategic investors. Jain's success and Bilt's rapid growth demonstrate the lucrative opportunities that still exist for startups that creatively disrupt large, stagnant industries through tech-enabled business model innovations.

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