Jean Tirole
2014 Nobel Prize in Economics. Chairman, Toulouse School of Economics
Tom Bilyeu’s career as the co-founder of a technology company didn’t go quite as planned. So he changed his approach and built the company he’d always dreamed of, instead of chasing market trends. Five years later, Quest Nutrition was a bona fide unicorn, and Bilyeu’s gamble on principle was amply rewarded. Events with an entrepreneurial focus find the perfect keynote addresses in Bilyeu’s inspiring speeches.
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After chasing investors for years, entrepreneur and motivational speaker Tom Bilyeu built a billion-dollar business with no outside funding. As an enlightening, humorous, and inspiring keynote speaker, Tom Bilyeu continues his mission to bring out the best in all of us.
After Tom Bilyeu and his partners struggled for years to get their technology company off the ground, he’d had enough. With or without venture capital, he concluded, he’d be devoting his heart and soul to any company he owned. So why not run a company he truly loved?
Selling their company gave the partners just enough capital to found Quest Nutrition. Their premise was unusual: put public health and the heart of their business plan, not private profit. Quest’s mission was to end metabolic disease worldwide. Its most important KPI was value delivered to each customer. Within five years, Quest was the second fastest-growing company in North America, and was worth more than a billion dollars.
When Bilyeu stepped away from Quest, he launched an even more ambitious project. Impact Theory is a media studio devoted to creating content that empowers people and promotes wellness of body and mind. Its weekly interviews with leading entrepreneurs and media figures reach millions each month. For helping untold numbers of people unlock their hidden potential, Bilyeu earned Secret Entourage’s 2016 Entrepreneur of the Year Award. Later, Success magazine’s named him “Top 25 Most Influential People”.
Tom went from dead broke, in debt and not able to pay all of my bills to building a billion-dollar brand and completely changing his financial circumstances by going on a decades long quest to develop his mind as aggressively as a bodybuilder develops their body. I promised myself that if I ever had the opportunity to pay it forward and teach people to do the same, I would. We created Impact Theory — a for-profit company designed to leverage the self-sustaining power of commerce to radically influence global culture.
How did Tom and his team launch Quest Nutrition an achieve an unheard of growth rate of 57,000% in 3 years and a $1 billion valuation less than 5 years after launching? From day one, Tom and his team were 100% keyed in on the “why,” which, in their case, was to end metabolic disease. That means when it comes to new product launches, the team sacrifices product margin to provide as much value as possible to the customer. Learn the details and how they can be applied to your business.