Ankur Nagpal

Josh Pigford on April 01, 2019

 

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This week I talk with Ankur Nagpal, Founder of Teachable! In this episode we talk about living in the Middle East, moving to America at 17, starting a Facebook apps business making hundreds of thousands of dollars a month, building on platforms vs creating platforms, reverse engineering growth and a lot more!

Show Notes

  • 1:00- Weirdest course on teachable
  • 1:50- Backstory
  • 3:09- Playing Cricket
  • 3:40- Starting a business as a kid
  • 5:16- Parents thoughts on building stuff on the web
  • 6:22- Fostering an entrepreneurial spirit
  • 8:00- Moving to America
  • 9:25- Learning to code and working for Facebook
  • 10:19- Branching into more frivolous applications
  • 12:20- Interning at Amazon and going to school
  • 13:48- Being “all-in” on the Facebook stuff
  • 14:13- “The bottom fell out multiple times”
  • 17:15- Spending time figuring out Facebook’s algorithms
  • 18:48- Consulting and new business ideas
  • 20:32- Stumbling upon the idea for Teachable
  • 21:46- Building the first version
  • 22:40- Hacking together existing tools to pull it together
  • 23:33- Direct sales
  • 25:30- Self-perpetuating momentum and building too many features
  • 28:48- Learning valuable skills from the fundraising process
  • 30:00- Fundraising when you don’t need the money
  • 31:00- Rebuilding the foundation and making the numbers grow
  • 33:08- Accidental email
  • 34:15- Growth- deconstructing and working backwards
  • 36:03- Changing the name from Fedora to Teachable
  • 38:44- The mission and people owning their own stuff
  • 39:55- Traditional education versus learning online
  • 41:15- Being a creator, building an audience, and monetizing that audience
  • 42:23- The next year at Teachable
  • 43:23- Being excited to have other executives

Get in touch with Ankur: teachable.com, @ankurnagpal

Josh Pigford

Josh is most famous as the founder of Baremetrics. However, long before Baremetrics and until today, Josh has been a maker, builder, and entrepreneur. His career set off in 2003 building a pair of link directories, ReallyDumbStuff and ReallyFunArcade. Before he sold those for profits, he had already started his next set of projects. As a design major, he began consulting on web design projects. That company eventually morphed into Sabotage Media, which has been the shell company for many of his projects since. Some of his biggest projects before Baremetrics were TrackThePack, Deck Foundry, PopSurvey, and Temper. The pain points he experienced as PopSurvey and Temper took off were the reason he created Baremetrics. Currently, he's dedicated to Maybe, the OS for your personal finances.