How To Build A Billion Dollar Business As An Influencer
About this video
Nathan Barry, founder and CEO of ConvertKit, joins Sam and Shaan to discuss building billion-dollar creator businesses. The conversation explores the framework from Nathan’s essay on the most profitable ways creators can monetize attention, examining real-world examples from Jessica Alba to Conor McGregor, and contrasting different wealth-building models from selling time to building scalable products.
Key takeaways
- The wealthiest creators build their own products and equity rather than just selling sponsorships or attention—examples include Jessica Alba (Honest Company), Ryan Reynolds (Aviation Gin, Mint Mobile), and Conor McGregor (whiskey, recovery products, bar) who all turned their platforms into owned brands worth hundreds of millions
- Nathan’s ‘billion-dollar creator’ framework emphasizes four rules: build more than a personal brand, sell products not just attention, prioritize recurring/repeat purchases over one-time sales, and choose business models with better long-term economics (SaaS vs. sponsorships)
- The ’ladders of wealth’ concept shows that different business models have different potential ceilings—from selling time (job) to productized services to SaaS—and that patience and focus on one main product (Nathan’s ‘skyscraper’ model with ConvertKit) often outperforms launching many side projects, though learning through smaller products first builds necessary skills
- Nathan’s ConvertKit generated $26-29M in claimed recurring revenue by staying private, bootstrapped, and transparent with public metrics via Baremetrics—transparency served a mission of helping creators learn from real data rather than as a marketing tactic, and Andrew Warner’s unsolicited $25K bridge loan at a critical cash-flow moment was pivotal
- Business model pairing matters: ConvertKit’s edge came from combining email platform revenue with commerce transaction fees, reducing churn by making the platform a revenue source for creators rather than just a cost
Episode details: published February 3, 2022 · 23K views · 1:23:44 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.
← Previous: Founder Of $14B Startup Calls Stripe and YC The ‘Mob Bosses’ Of Silicon Valley · Next: Ryan Holiday On The Economics Of Book Publishing →
All My First Million videos · My First Million profile · My First Million (official site)
You Might Also Enjoy

MFM #165: How Jack Butcher is Selling his Art for $76m & How to Research Wealthy People
Explore →
"We're in a TikTok gold rush" - 5 Business Ideas To Start In 2025
Explore →
Jesse Pujji on Bootstrapping a +$1B Business + Selling To The Ultra Rich
Explore →
The Cashflow King: “Here’s How I Do It”, Negotiating w/ Jeff Bezos, Elon’s Cracked Rocket
Explore →
Brainstorming +$1M Weird Business Ideas With Morning Brew’s CEO Austin Rief (#543)
Explore →