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At the age of 27, he sold his company MVMT watch for $ 100 million | Real Time Headlines

Jake Kassan, co -founder of MVMT watch.

Back to Jack

When Jake Kassan sold his company at a price of $ 100 million at the age of 27, he thought the money would make him happy. He said that although it did it temporarily, it eventually eliminated his sense of goals and threw him into a cycle of anxiety and frustration.

In 2018, Kassan (Kassan trade Then he walked away with a millionaire. He was originally a 21 -year -old company University drop out of schoolGive him the financial freedom he sought.

Kassan told CNBC did it. “So my purpose, I always think: I want to make money.”

“Then you sell (your company), and then … For the first time in a few years, I don’t want to talk about MVMT anymore, but I don’t know what to talk about. I can’t find anything. “He said. “I think I lost my goal.”

Today, the 33 -year -old man is trying to re -get his sense of goal and redefine the meaning of happiness to him.

Millionaire entrepreneurs who drop out of college

Kassan said that when he was a child, he was never good at going to school. Instead, he saw more value.

Kanzan said: “Academic perspective, I have never done it (very good). I am always only lower than the average level.” East -thing … Honestly, I am very good at focusing, this is my advantage and weakness. “

He said: “I found that if I am interested, I am very focused, almost obsessed with that matter, so that you will succeed, but sometimes you sacrifice other areas of life.”

Jake Kassan and his parents were in the MVMT office.

Back to Jack

Kassan’s first “business” involved in selling lollipop in the seventh grade. When he was in college, he had gained many years of business experience. Before MVMT started, he opened an interactive T -shirt business in 2008.

At that time, he studied at Santa Barbara College and then dropped out of school after the first year.

“I just don’t know why I do this. I am doing it in a routine work and circled … One year (class) and carried out business at the same time. I dropped out of school and engaged in this business,” he said.

He said that unfortunately, the company mainly relied on physical stores to fail after competitors using digital priority levels to enter the space. But this taught him a great lesson, which will make his next adventure success: focus on e -commerce.

The impact of money on mental health

By June 2013, Kassan established a MVMT watch with his university roommate Kramer Laplante. The brand’s Instagram accumulated a million followers, established 45 employees, and eventually sold the team’s company’s $ 100 million price company.

He said: “On the day of the fast forward … you wake up, look at the Chase application you have opened, and now you see your bank account look like a phone number.” “In some ways, it happened A lot of changes have changed in some aspects, nothing changed. “

It was great at first, because I just liked the present. But at some point … it feels like the days of the earth mouse. Just like, there are more.

Jack out

Co -founder, MVMT watch

33 -year -old Jake Kassan, co -founder of MVMT watch.

Back to Jack

He said that he not only lost his sense of challenge he longed for life, but he also lost his motivation and identity. Cassan said that the most important thing is that he tried to find the right person to talk about his feelings.

“I am 30 years old, and I () I just experienced a breakup … I have friends and things, but I still find that those who understand (sometimes) sometimes feel lonely … it is just emotionally exhausted,” the card is emotionally exhausted, “the card is emotionally exhausted,” the card Sang told CNBC did itEssence

“How do you sympathize with a rich and frustrated person?” He said in the video.

The moment of Yurika

One night in 2024, Kassan traveled in Australia with friends when he panicked in the hotel room.

He said: “I have suffered a panic before, but this is completely … there is no left field.” Cassan said: “This is the first time I have been in the past few years. This idea is flooding (come). This is a very very very very very very very very very very very very very very very very very very very very very very. At the dark moment, I paralyzed me. “

Jake Kassan and his friends are in Australia.

Back to Jack

However, after several weeks of reflection, he realized that he needed to work hard to challenge him again, giving him his purpose and a real sense of enjoyment.

He said: “Once, I think this may be after the attack (I said):” Okay, I need to change the focus and really start (work) more or less. “He is not so concerned about Instead, I decided that I will start working again as when the MVMT is established.

“I think the gym is the best analog. If you can’t see the result after the first or second weeks … When you are on the way for a few months, you will really see all the benefits in your work,” he said Essence

He also learned that when establishing MVMT and his other entrepreneurs, the reason for him to be so fulfilled was that he could play a creativity. This discovery made his attitude towards video and storytelling zero.

Today, Kassan is trying to build his YouTube channelEssence He is also an angel investor on the other side. The companies he invested in include probiotic plant sodas Olipop and Sauce Company Truff.

He said, “I can’t be more at ease.” “That’s my relationship with money. I thank it. I am grateful. I would rather have it to have it without having it … but there is nothing to make me happier.”

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