25-year-old tried 23 side hustles before launching a company that brings in $354,000 a month—his No. 1 piece of advice

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Steven Schwartz opened and closed several businesses before finally finding success with tech marketplace Whop. Here’s what he learned in the process.

: He and his friend Todd Wagner wanted to listen to Indiana University basketball games over the internet, leading them to help co-found AudioNet in 1995. The company became Broadcast.com, which Yahoo acquired four years later for $5.7 billion in stock.During high school, he and Zoub built sneaker bots, or pieces of software that nabbed limited-edition shoes faster than people who manually clicked"buy now.

Whop did both, Schwartz says. It solved a safety problem: Zoub patrolled online forums where people sold software, and found them rife with scammers and rip-off artists. Whop advertises itself as a more trustworthy option, with vetting processes and standards in place. "The beauty of Whop is if we have an idea, we can just go on Whop and try it out," says Schwartz."It's a really amazing way to use your own product."

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