Nathan Chan can teach you how to build just about anything from scratch. Starting from absolutely nothing, he founded one of the most successful digital magazines on the planet. Through hustle and sheer determination, Nathan built Foundr magazine into a veritable digital empire that has attracted some of the world’s most powerful entrepreneurs. Everyone from the ultra-established Richard Branson and Tony Robbins to new media moguls like Gary Vaynerchuk and Tim Ferriss have shared their secrets and graced the cover of Nathan’s leading business and entrepreneurship magazine. Foundr’s Instagram alone will show you what explosive growth really looks like! Nathan has taken that account from zero to nearly a million engaged followers in the blink of an eye, and he’s done all of that without any investors.
During the first year or so of the business’ life, Nathan was still working a nine to five job. His story is one of self-generating escape velocity, of brick by brick, building a life of what he calls “total freedom.” Nathan has executed on the dream that so many people only fantasize about, and he shares that story here on Inside Quest.
what you'll learn
- How to find your purpose.
- Why working on yourself first is crucial in entrepreneurship.
- How to build a business from scratch.
- The importance of finding mentors.
- How to listen to your inner compass.
- Why speed is everything.
- How to think strategically.
- The benefits of rapid iteration.
- How to scale what’s working.
- Why integrity matters.
The internet has changed the game. Right now, we live in a time where there’s no better time in history than to start a business. You can do it with little to no capital. You can do it with no knowledge whatsoever. I’m living proof of that. You can make a difference, and you can do work that you enjoy.
In the early days, even before I wanted to even start a business, I used to do a lot of work on myself, on finding out who I was, and what I wanted from life. I think that work that I did reading a lot of books about personal development. Even doing crazy things like men’s work, masculinity workshops, trying to find my life’s purpose. I did a lot of things on myself before I even looked at entrepreneurship or anything of the sort, just to really try to get to know who I was and what I wanted from life.
Making yourself accountable by telling other people, because no one wants to be someone that’s all talk. If you actually talk about it to other people, and make yourself accountable that way, it kind of pushes you, because you don’t want to be one of those people that just is all talk. Putting a financial wager on yourself, I think, is a great way to get started. There’s even websites you can go to.
My big thing, right… is focus. When I was in my day job, it took me 12, 14 months to leave. The one and only thing that I focused on was the magazine. We didn’t have the social media presence, we didn’t even have a blog. We didn’t write content, which is kind of crazy looking back. We didn’t even care about our email list and how many subscribers we had to the magazine. We cared about the subscribers to the magazine, but not to our email newsletter. I just was focused on the magazine, mastering that, and once I built it up, replaced my income, replaced the operating cost of the magazine, I just left my job.
If you want to get to know someone or if you want to start developing your network, just start helping people. Start helping people that you admire their work. Start helping people that you don’t expect anything in return. If you want to meet other like-minded entrepreneurs, start meeting other people and always, always, always, every single person you meet: “Let me know if there’s anything else I can do to help.” “Let me know how I can help.” Even just trying to help people.