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Medialย โขย 4m
๐ง๐ต๐ฒ ๐ง๐ฒ๐ฒ๐ป๐ฎ๐ด๐ฒ๐ฟ ๐ช๐ต๐ผ ๐๐ฒ๐ฎ๐ ๐จ๐ฏ๐ฒ๐ฟ ๐ฎ๐ ๐๐๐ ๐ข๐๐ป ๐๐ฎ๐บ๐ฒ Markus Villig was just 19 when he took on Uber. No experience. No investors. Just a bold idea and โฌ๐,๐๐๐ borrowed from his parents. Today, his company, ๐๐จ๐ฅ๐ญ, is worth $๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง โand growing fast. Hereโs how he did it. ๐ ๐ฆ๐บ๐ฎ๐น๐น-๐ง๐ผ๐๐ป ๐๐ถ๐ฑ ๐๐ถ๐๐ต ๐ฎ ๐๐ถ๐ด ๐๐ฟ๐ฒ๐ฎ๐บ Markus grew up in ๐๐๐ฅ๐ฅ๐ข๐ง๐ง, ๐๐ฌ๐ญ๐จ๐ง๐ข๐, a small country with just 1.3 million people. In 2003, something big happenedโEstonian engineers launched ๐๐ค๐ฒ๐ฉ๐, the worldโs first free international calling app. His older brother worked there, and Markus got a front-row seat to how startups could change the world. At 12, while most kids played video games, ๐ก๐ ๐ฐ๐๐ฌ ๐ฅ๐๐๐ซ๐ง๐ข๐ง๐ ๐ญ๐จ ๐๐จ๐๐ and sneaking into hackathons filled with top engineers. He didnโt know it yet, but he was preparing to disrupt an entire industry. ๐ง๐ต๐ฒ ๐๐ถ๐น๐น๐ถ๐ผ๐ป-๐๐ผ๐น๐น๐ฎ๐ฟ ๐๐ฑ๐ฒ๐ฎ ๐ก๐ผ ๐ข๐ป๐ฒ ๐ฆ๐ฎ๐ By 2013, Uber was growing fast. But Markus saw a ๐๐ข๐ ๐๐ฅ๐๐ฐโit was spending billions and ignoring smaller markets. His idea? A simple app to book taxis instantly, with ๐ฅ๐จ๐ฐ๐๐ซ ๐๐๐๐ฌ ๐๐จ๐ซ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ and better service for riders. But there was one problemโ๐ก๐ ๐ฐ๐๐ฌ ๐๐ซ๐จ๐ค๐. ๐ง๐ต๐ฒ ๐๐๐๐๐น๐ฒ ๐ง๐ต๐ฎ๐ ๐๐ต๐ฎ๐ป๐ด๐ฒ๐ฑ ๐๐๐ฒ๐ฟ๐๐๐ต๐ถ๐ป๐ด With no money for marketing, he tried everything: ๐๐จ๐ฅ๐-๐๐๐ฅ๐ฅ๐๐ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฅ๐ข๐ฌ๐ญ๐ฌ to get media attention. ๐๐ข๐ฌ๐ข๐ญ๐๐ ๐ญ๐๐ฑ๐ข ๐ฌ๐ญ๐๐ง๐๐ฌ ๐๐๐ข๐ฅ๐ฒ to convince drivers. ๐๐จ๐ญ ๐ญ๐ก๐ซ๐จ๐ฐ๐ง ๐จ๐ฎ๐ญ ๐จ๐ ๐ญ๐๐ฑ๐ข๐ฌ for pitching them too much. At first, the app had just ๐๐ ๐ซ๐ข๐๐๐ฌ ๐ฉ๐๐ซ ๐๐๐ฒ. Investors told him: โ๐๐๐๐ซ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ซ๐ฎ๐ฌ๐ก ๐ฒ๐จ๐ฎ.โ But Markus saw something they didnโt. ๐ง๐ต๐ฒ ๐ ๐ผ๐๐ฒ ๐ง๐ต๐ฎ๐ ๐ฆ๐ต๐ผ๐ฐ๐ธ๐ฒ๐ฑ ๐๐๐ฒ๐ฟ๐๐ผ๐ป๐ฒ Instead of burning money like Uber, he stayed smart: ๐๐ข๐ซ๐๐ ๐๐ง๐ ๐ข๐ง๐๐๐ซ๐ฌ ๐ข๐ง ๐๐๐ฌ๐ญ๐๐ซ๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐ (cheaper but highly skilled). ๐๐จ๐จ๐ค ๐ฅ๐จ๐ฐ๐๐ซ ๐๐จ๐ฆ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ so drivers preferred Bolt. ๐๐ฑ๐ฉ๐๐ง๐๐๐ ๐ข๐ง๐ญ๐จ ๐ฆ๐๐ซ๐ค๐๐ญ๐ฌ ๐จ๐ญ๐ก๐๐ซ๐ฌ ๐ข๐ ๐ง๐จ๐ซ๐๐โlike Africa. Everyone laughed when he launched in South Africa ๐ฐ๐ข๐ญ๐ก ๐ฃ๐ฎ๐ฌ๐ญ ๐จ๐ง๐ ๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐๐. But soon, Bolt was everywhere. ๐ง๐ต๐ฒ ๐๐๐๐๐ฟ๐ฒ: ๐๐ถ๐ด๐ด๐ฒ๐ฟ ๐ง๐ต๐ฎ๐ป ๐จ๐ฏ๐ฒ๐ฟ? Today, Bolt has: ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ๐ฌ ๐ข๐ง ๐๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐๐ฎ๐ซ๐จ๐ฉ๐โ๐ฌ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฌ๐๐จ๐จ๐ญ๐๐ซ ๐ง๐๐ญ๐ฐ๐จ๐ซ๐ค ๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐๐๐ซ-๐ฌ๐ก๐๐ซ๐ข๐ง๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐ And Markus? He still ๐ฐ๐๐ฅ๐ค๐ฌ ๐ญ๐จ ๐ฐ๐จ๐ซ๐ค ๐๐ฏ๐๐ซ๐ฒ ๐๐๐ฒ. His vision? ๐๐๐ค๐ ๐๐จ๐ฅ๐ญ ๐ญ๐ก๐ ๐๐ฆ๐๐ณ๐จ๐ง ๐จ๐ ๐ญ๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง. Start small. Stay frugal. Go where others wonโt. I hope you've found this post helpful. Follow me Vishu Bheda for more posts on business and startups.
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