From $0 to Billionaire By Starting A Toy Factory In China - Billy Of The Week artwork

From $0 to Billionaire By Starting A Toy Factory In China - Billy Of The Week

My First Million

October 11, 2022

Episode 372: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about tips for success from the Billy of the Week, how to build an audience on YouTube and podcasts, and making millions on Gumroad.
Speakers: Sam Parr, Shaan Puri
**Sam Parr** (0:00)
All right, there's this amazing book called Getting Everything You Can Out Of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm gonna tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How To Make Money With What You Already Have. It's an incredible episode. It talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said, you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's podcast network. You can check it out, Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.
You have to check it out. This guy's amazing. It's called Business Made Simple with Donald Miller.

**Shaan Puri** (1:02)
So age 18, him and his brother get on a plane. They go to Hong Kong and they're like, we are going to start our toy factory here in Hong Kong.
They get there first night. He literally sleeps in a bush because they didn't have like, you know, a place to stay that night. So he sleeps in a bush right outside.

**Sam Parr** (1:19)
Why wouldn't he just do a sidewalk?

**Shaan Puri** (1:20)
Too hard, bro. You know, you don't want to sleep on the ground.

**Sam Parr** (1:23)
You want to sleep on a bush?

**Shaan Puri** (1:26)
So he sleeps on a bush outside of the airport.

**Sam Parr** (1:28)
Stay normal, use the bench. All right, we live.

**Shaan Puri** (1:38)
I got something good for you. I got a crazy story. In fact, this is a Billy of the Week.

**Sam Parr** (1:49)
You know what's cool? A billion dollars.

**Shaan Puri** (1:54)
You know, sometimes we get a little fast and loose with the Billy of the Week where it's not a real Billy. This guy is a real billionaire. Okay, so have you ever heard the name Nick Mowbray?

**Sam Parr** (2:03)
No.

**Shaan Puri** (2:04)
Okay, so Nick Mowbray, here's my headline for this. University dropout from New Zealand becomes a billionaire with zero dollars invested.
Yeah, you clicked. All right, here's the next bit.
Two brothers, when they were in, I think middle school, they enter a science fair and in the science fair, they create a hot air balloon modeling kit and they end up winning the science fair. So here's Nick, 12 years old, wins the science fair and he decides, all right, people really liked my hot air balloon kit, my like model hot air balloon kit, I'm gonna go sell these. So he goes and starts selling them door to door and he opens up a farm, a little like factory and his family's farm to like build the kits as he's going, but like he's having trouble scaling up because he's trying to do production himself and he's doing the sales himself and it's like, okay, this is tough. So age 18, him and his brother get on a plane, they go to Hong Kong and they're like, we are going to start our toy factory here in Hong Kong. They get there first night, he literally sleeps in a bush because they didn't have like a place to stay that night. So he sleeps in a bush right outside.

**Sam Parr** (3:14)
Why wouldn't he just do a sidewalk?

**Shaan Puri** (3:16)
Too hard, bro. You don't want to sleep on the ground.

**Sam Parr** (3:19)
You want to sleep on a bush?

**Shaan Puri** (3:23)
So he sleeps on a bush outside of the airport.

**Sam Parr** (3:25)
Just be normal, use the bench.

**Shaan Puri** (3:27)
They end up getting a apartment that I think was $8 a month. And that was their apartment.

**Sam Parr** (3:33)
What year?

**Shaan Puri** (3:34)
They start a factory. This was now maybe 15 years ago-ish, something like that. And they're in a very small city in China. And so they're not in Hong Kong anymore. So they end up creating a factory. So here's the factory. So they create a factory. Nick ends up sleeping in the factory for eight years.

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