Brian Chesky’s bank account had dwindled to $1,000. He had no job. And the rent on his San Francisco apartment was about to jump by 25%.
With his back against the wall, Chesky tried a “silly” idea to make some cash. He put three inflatable mattresses in his spare bedroom and offered to rent them to attendees of an upcoming conference in town.
Chesky built a rudimentary website and advertised it as Air Bed and Breakfast. That “silly” idea is worth $30 billion today. You surely know Airbnb as the wildly successful website that lets you rent out your home to travelers.
Founded just 12 years ago, it now lists more rooms than major hotel chains Marriott and Hilton—combined!
In today’s issue I’ll show you the secret that upstart Airbnb used to beat two of the world’s most successful hotel chains.
Here’s Breaking News That You May Find Truly Shocking
According to a new report from the US Census Bureau, the number of people starting their own business just surged to its highest level since 2007.
That’s not a typo. You might not think launching a new business would be high on peoples’ “to do” lists in the middle of a pandemic. But thanks to today’s new, blazing-fast technologies, it’s easier than ever for the little guy to turn their business dreams into reality.
A recent Emergent Research study found there are 41 million entrepreneurs in the US today—an all-time record!
What’s happening here is very, very important to you as an investor. You see, for the first time in history, any American has the tools to cheaply and quickly launch a business from their kitchen table.
You don’t need to buy expensive servers to run a website anymore. With the “cloud,” you can rent supercomputers from Amazon or Microsoft for a fraction of the cost. You can pay Shopify $30/month to handle all your online needs. Hire PayPal to accept credit cards. Even get basic legal services sorted out by LegalZoom, and hire Avalara (AVLR) to keep you in compliance with ridiculously complicated sales tax laws.
You now can do this for a couple hundred bucks in one weekend. And here’s the thing: This isn’t just about breaking down barriers for small entrepreneurs.
It’s a new phenomenon that’s reaching up and down the economy, from one self-employed guy up to the highest ranks of the stock market.
New, Disruptive Technologies Are Unlocking Companies To Grow At Speeds We’ve Never Seen Before
Startups are becoming $10 billion giants in a few years, sometimes months! In essence, all Airbnb did was use new, disruptive tech to its fullest potential. Unlike Hilton or Marriott, Airbnb didn’t build or maintain hotels.
Brian Chesky and his small team simply registered a domain name, wrote computer code, and built an “app” that could be accessed from any smartphone. It’s the same story with Uber, one of the fastest growing companies ever.
Uber went from startup to a $10 billion valuation in just two years. It achieved this “hypergrowth” by crisscrossing two powerful new technologies: the iPhone and widespread access to fast internet.
Now please understand, these incredible growth stories aren’t exclusive to Airbnb and Uber. It’s also how game-changers like Square, Slack, Stripe, Venmo, Instagram, Zoom, and Pinterest all got started. They used new technologies to grow into big, viable businesses in a flash.
All Of This “Hypergrowth” Is Now Spilling Into The Stock Market
Just look at what’s happened this year. Freelance marketplace Fiverr soared 566% in the past couple of months. Telehealth pioneer Livongo handed out 457% gains since January. Edge computing pioneer Fastly jumped 401% since start of 2020.
Real estate disruptor Redfin rocketed 287% in a couple of months. Workhorse Group is up 687% this year. Vivint has exploded 495%.
I could go on and on and on. The key is, we’re now seeing dozens of stocks “hypergrow” each month. In fact, more than 280 stocks have surged 100%+ since January!
I recommend turning your attention to these fast hypergrowth stocks. They’re hands down the top investment opportunity right now.
Get my report “The Great Disruptors: 3 Breakthrough Stocks Set to Double Your Money”. These stocks will hand you 100% gains as they disrupt whole industries. Get your free copy here.