How this financial whiz kid turned $500 into $600m
A young CEO, who doesn’t have a university degree, has revealed how his dyslexia turned a $500 loan into a $660 million company.
Brandon Evertz may just be Australia’s answer to Facebook’s Mark Zuckerberg.
The 23-year-old is the CEO of the Global Social Video Review Platform, Big Review TV, a company that was listed on the Australian Stock Exchange three years ago.
With a $500 loan behind the business, Brandon targeted cafes and restaurants offering to create video content for their business.
"A few months in I realised we were onto something big," he told Today Tonight.
But it was in his everyday struggle with dyslexia that the idea was born.
“I don't like to read and I was reading a review on a text review site and I thought there has got to be a site people can go to and see professional videos of restaurants, hotels, bars,” he said/=.
“I researched the business model and it wasn't out there.”
“The $500 got a one page website, literally a landing page, some business cards and a sign-up book to sign up clients, three items for $500,” he said.
“That $500 in about four weeks turned into $8000, so we started bootstrapping started making money from the beginning really.”
Four years on, Brandon now employs 100 full time staff in Australia and the United States, with their average age just 25.
To date they've produced over 30,000 videos for small and medium businesses across the hospitality, health and beauty space.
With no university degree, and no background in sales or marketing, Brandon and his team of millennials started to research how his mentors built their legacies.
“I do a lot of research on Mark Zuckerberg, Steve Jobs, all these people that have mad eit in the past and learn from what they've done,” he added.
“We've been growing by about 50 per cent growth quarter by quarter since we listed so 50 per cent revenue growth, we potentially could be one of the fasted growing companies in Australia.
Far from content with his fast-growing list of achievements, Brandon's focus now lies on conquering the American market.
