John Hu (Stan) on the Path to $1 Billion, the Creator Economy and Building in Public

Think it's too late to become a creator if you don't have a social media following? Think again. According to John Hu, cofounder of Stan—a platform that helps creators turn their platform into income—the creator economy is just getting started.  Today, John shares how he’s building Stan with unicorn status in mind, what MrBeast’s business empire can teach us about the business of content, and why he is “guarded” when it comes to fundraising. This is a deep dive into the business of influence—and what it takes to turn followers into a foundation for long-term growth. Follow Sammi on Instagram here Follow Stan on Instagram here  Follow John on YouTube here Here’s what Sammi covers today with John: 00:00 John Hu’s Social Currency 00:35 Why Investment Banking Wasn’t It   04:43 How Stan Came From a Personal Pain Point 05:50 John’s Takes on the Creator Economy and Building a Business 11:23 Stan’s First Major Win 14:53 Stan’s Seed Round and Why John Is “Guarded” About Fundraising 18:36 John’s Tips on Finding a Business Opportunity  23:46 Stan's Unique Monetization Model 27:19 Behind Stan’s Customer Engagement and Content Strategy 27:38 Why Stan Personally Delivered One of Their Creators a Cake 29:23 John Answers Whether It’s Harder to Build a Personal Brand or a Company Brand 35:29 Secrets and Challenges to Building in Public  45:27 Social Currency Corner and Mr Beast 53:16 How to Show Social Currency Some Love Learn more about your ad choices. Visit megaphone.fm/adchoices