The advice that helped this 30-year-old launch his multibillion-dollar business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

At 30 years old, Nick Molnar is Australia's youngest self-made billionaire. But it might not have been so without the advice from his old boss.

, a deferred payments platform that allows users to stagger the cost of their purchases over regular, interest-free instalments.

Already a driven entrepreneur, Molnar had sold jewelry on eBay from his bedroom while at university. But when he wanted to expand the business and launchI don't know why you're working here, you need to go do this full time."It took the guy that was running the fund, a gentleman named Mark Carnegie, to turn around and say 'I don't know why you're working here, you need to go do this full time,'" Molnar recalled.

"He knew I was never going to take up, but it gave me the confidence to have a go," said Molnar, who months later, launched Ice Online.remains active. But it was with his next venture, Afterpay, which launched less than two years later, that Molnar found real success."It's great to have a side hustle," said Molnar, " I think there's expectations of how far you can take a side hustle.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We’re really all sick and tired of these nonsense articles. Just get yourself some Bitcoin folks and hang on tight.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines