Retired at 23 to Billionaire at 35

Sponsored by: 🎥 The Morning Meetup Video 👋 Hey Boardroom Members, Some of the fastest-growing companies in recent years have been the disruptors. These are companies that have taken an existing industry and have used technology to reduce costs, increase efficiency and outprice competitors. Think of companies like Amazon, Uber and Airbnb. Today’s founder focus is on one of the GREATS that disrupted the music industry, and that is Spotify and its founder, Daniel Ek. Daniel Ek was born and raised in Stockholm, Sweden. He started his first business at age 13 by making websites for clients from his home. After first charging $100 he eventually started charging $5,000. To expand the business he bribed students he recruited from class with video games. By the age of 18, Mr. Ek was leading a team of 25 people. And by the age of 23, Mr. Ek decided to cash out of the business for $1.25 million and “retire.” But after a few months, unfulfilled by his flashy lifestyle and luxurious Swedish apartment, Mr. Ek began his new venture in 2006, which led to the creation of Spotify. Mr. Ek said he “realized that you can never legislate away from piracy. Laws can definitely help, but that doesn’t take away the problem. The only way to solve the problem was to create a service that was better than piracy and at the same time compensates the music industry.” He first had the idea for Spotify in 2002, when peer-to-peer music service Napster shut down and another illegal site Kazaa took over. Mr. Ek established Spotify AB in Sweden in April 2006 with Martin Lorentzon, with Ek as CEO and Lorentzon as Chairman. Two years later they launched the platform, a legal music streaming service offered to listeners for free with advertising, with an option to opt out of ads for a 10 pound a month subscription fee. This was revolutionary, before this people would listen to CDs or pay for songs in iTunes or steal them by downloading illegally. It wasn’t until 2015 when Apple Music arrived to rival Spotify’s business model. In 2010 Sean Parker, the co-founder of Napster and ex-President of Facebook, invested $15m for a 5% stake. The “Godfather” of peer-to-peer music sharing saw potential in Ek’s new business model for the music industry. According to Statista, Spotify’s revenue increased from 746 million Euros in 2013 to over 9.6 billion Euros in 2021. Spotify undertook a direct listing on the NYSE in 2018 and the company currently has a market capitalization of over $18 billion. Daniel Ek disrupted the music industry by taking new technology (i.e. the internet, mobile phones and apps) to take on the problem of music piracy by producing something better. Why spend your time stealing music album by album, song by song when for a small fee you can have access to almost all the music in the world at your fingertips, anytime anywhere? This vision helped him create a multi-billion dollar company. With that, I would like to introduce to you Piestro, a company looking to disrupt the pizza-making industry through automation. It’s looking to drive down the cost and increase the speed of making pizza with a PIZZA-MAKING ROBOT that can produce restaurant quality pizza in under three minutes. Read on for more info! Sponsored By: [Piestro i](s disrupting the pizza industry with its [PIZZA-MAKING ROBOT]( that can produce restaurant quality pizza in under 3 minutes. Robots don’t get tired, they don’t get paid a salary and Piestro is looking to drive down costs and take over the pizza Industry with its automated technology. It’s led by CEO Massimo De Marco who was named one of the top 10 restaurant innovators in [National Restaurant News]( power list. His plan is simple.. Improved customer experience + Speed + Reduced costs = Higher profit margins for Pizzerias [Piestro]( is not involved in opening its own restaurants at this stage, therefore, it is not as exposed to the risks that opening a restaurant entails. It has a TWO-revenue stream approach: - Selling directly to pizza-loving customers, including placing these units at stadiums, shopping malls and office buildings throughout the world - Selling its pizza-making robot to existing pizzerias that will then brand the pizzas as their own. Piestro already has $580 million in pre-orders! [Piestro](already has customers with plans to purchase thousands of machines over the next few years, [click here]( to find out more! The major franchises better watch out, if they don’t adapt, [Piestro](could eat into their market share – and we all remember what happened to Blockbuster after Netflix came to town! [Learn More About Piestro NOW!]( See Disclaimers Below RAD Interview has been rescheduled July 28, 2020 at 2pm ET Join us as we Interview RAD CEO Jeremy Barnett Add event to calendar [Apple]( [Google]( [Office 365]( [Outlook]( [Outlook.com]( [Yahoo]( 🚒 Hot Links 🔥 + The 2022 Disruptor 50 - CNBC’s list of the next generation of Silicon Valley- [Here]( + Will a Robot Take Your Job - [Here]( + AI Job Automation the Debate - [Here]( 🐦 Tweet of the Day 62 Calef Hwy #233 Lee, New Hampshire 03861 United States Questions or concerns about our products? Email us at Support@ragingbull.com © Copyright 2022, [RagingBull]( - [Refund Policy]( - [Privacy Policy]( - [Terms & Conditions]( DISCLAIMER: To more fully understand RagingBull.com, LLC’s issuer-paid advertisement disclaimer and disclosure policy located at . 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