Ep.546 ~ He Built a $1.4 Billion Software Company Before He Was 30 ~ Christian Owens
The CEO and Founder of Paddle.com is on the mic today and he is going to share his story of building a $1.4 Billion SaaS company before the age of 30.
At the age of 12 Christian Owens taught himself how to code and started building a software company. By the age of 16 he dropped out of highschool and scaled his invoicing software business to $4 Million Annual Recurring Revenue. As a result, he ran into a lot of tax issues.
Christian then decided to start a software company to solve these problems after being told he would have to build it himself to find a solution.
So Christian founded Paddle. Paddle became a payments infrastructure for SaaS businesses, and he grew Paddle into a $1.4 Billion company before the age of 30 growing 175% year over year.
Paddle, recently hit the unicorn level by raising $200 million, it has attracted developers with over $1 billion in volume and integrates Alipay, Google Pay and iDeal, empowering software companies to sell and grow globally. In 2016, Christian was named one of Forbes’ “30 under 30”.
0:06:35 How Christian Started To Do Business
0:08:45 What Makes Christian Different At A Young Age
0:12:24 Challenges While Bussiness Was Exponentially Growing
0:16:18 Life After Dropping Out Of School
0:20:24 Dealing With Government Taxes As A Teen
0:23:10 How To Focus On Business
0:26:35 Projection Of Business Growth
0:28:25 How To Gain Customers Being A 17-Year-Old
0:32:25 Chapters Of Paddle
0:38:25 Being A Company Serving Customers At A Larger Scale
0:41:40 Walk From Zero To A Million, Sprint From 1 to 10 Million
0:45:13 Audience Q&A: Working With Patrick Campbell
0:50:45 Audience Q&A: Keeping Morale Up In The Workplace
0:54:25 Key Takeaways For To Grow Business In 2022
0:59:08 How Christian Structure His Day
1:03:38 Reach Out to Christian Owens