How a 24yearold turned advice from rich people into a $37 million business

Image for article How a 24yearold turned advice from rich people into a $37 million business
News Source : Business Insider

News Summary

  • James Dumoulin, 24, is the cofounder of School of Hard Knocks, which has nearly 11 million Instagram followers and over 7 million on TikTok.
  • His videos mix a high-drama street interview with advice from the wealthy and successful.
  • The company is on track to do $37 million in revenue this year, profitably, according to financial documents.
  • The success of the videos raises questions about what it means to be "real" and how much it truly matters if you're entertaining and informing your audience.
School of Hard Knocks founders, from left, Jack Dumoulin, James Dumoulin, and Josh Smith, want to be the Barstool Sports of business.

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