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Will Schroter

๐Ÿ‘ค Speaker
994 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

The difference between being broke and wealthy...

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

is a very small sum of money.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

In other words, especially early in your career, I was 22 at the time.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

If you can pull together enough cash to buy a house, to buy a car, to furnish your house, which by the way is not cheap, and to pay off debts, all these things that I did, you are about as rich as you're ever going to be.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

A lot of people don't get that.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

A lot of people think, well, I need to make $10 million or $20 million or $100 million.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And that's just not true.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

The truth is, especially early in your career, if you can take down a lump sum of money that can get you fast forwarded through all the stuff that you're going to spend the next 20 years of your life trying to get to, that is one of the greatest kind of step advantages you'll ever get.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

I think so.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Whatever I was quoting at the time would have been more accurate information than I can remember now.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Okay, so, but what happens next is kind of what really mattered in this whole thing.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Blaine did an amazing job of getting us in to pitch Eli Lilly for a bunch of their products that they are coming off patent, which is, or going on patent rather, or we're on patent, we're about to launch.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And this scrappy 50-person company ends up winning a $250 million a year piece of business.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

One of the most lopsided agency wins in history.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

It's both.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

I don't remember what the pie chart differences were, but suffice to say, we were about 500 people too small for that project.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

It was called Eli Lilly.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Lilly should still be around, assuming they haven't been bought up and merged by somebody else.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Their product at the time that was a huge breakout for them was Prozac.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Since then, they've had a number of interesting drugs, but that one was a game changer for us because all of a sudden, we went from this tiny little agency to what would then become a 700-plus person company all within the next four years, maybe?