How this Entrepreneur Built & Launched a Udemy Competitor in 3 Days – with Ankur Nagpal [067]
How this Entrepreneur Built & Launched a Udemy Competitor in 3 Days
Ankur Nagpal is the co-founder and CEO of Fedora, a platform that enables anyone to easily create and sell online courses. The company was founded in 2013 and to date has raised $2M in funding. Prior to launching Fedora, Ankur launched a business while at college building social widgets between classes which generated over a $1M. Bloomberg Business called him a widget mogul. In this episode we talk about:
How Ankur built Facebook widgets and earned over $1M by the age of 21
How earning a million dollars created a sense of complacency and lack of drive
How Ankur built the first version of Fedora in 3 days and launched the product
How he used AngelList to raise funding for the business in just 2 weeks
The importance of product focus and some key mistakes Ankur made early on
Success Quote
“It's always better to ask for forgiveness rather than permission”