Moonpig Founder: How I Built A $150 Million Business WITHOUT Sacrifice: Nick Jenkins | E97
Steven Bartlett talks with Moonpig founder Nick Jenkins about finding a product that becomes better online, testing an idea cheaply and staying focused through years of building a business. Jenkins describes personalised cards, early marketing and the difference between wealth and a successful life. These notes cover selected business passages from the first roughly 50,000 characters of the public YouTube auto-captions of episode E97. Later Dragons' Den material is not covered. Captions may contain errors; company figures and practices are the speakers' account at the time, not verified current facts.
Executive Summary (TL;DR)
Steven Bartlett talks with Moonpig founder Nick Jenkins about finding a product that becomes better online, testing an idea cheaply and staying focused through years of building a business. Jenkins describes personalised cards, early marketing and the difference between wealth and a successful life. These notes cover selected business passages from the first roughly 50,000 characters of the public YouTube auto-captions of episode E97. Later Dragons' Den material is not covered. Captions may contain errors; company figures and practices are the speakers' account at the time, not verified current facts.
Key Takeaways
Eleven years to an overnight success
He says Moonpig, his first proper business, had ups and downs and took 11 years. He confesses he stumbled onto it and now sees it as accidentally a very good business model.