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The 1 Rule for Building a Billion-Dollar Business

Building a billion-dollar business isn’t easy. Shopify’s Tobi Lütke and BeautyCon's Moj Mahdara spoke about what makes and maintains a billion-dollar business.

by Sarah MacDonald
building a billion-dollar business

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Building a billion-dollar business isn’t easy.

This October at Commerce+ Shopify’s founder and CEO Tobi Lütke and BeautyCon media founder and CEO Moj Mahdara spoke about what makes and maintains a billion-dollar business.

Spoiler: it’s the customers. 

Click here to talk with sales about Shopify plans for enterprises

You could have the world’s best platform for making sales, but without customers, the billion-dollar business wouldn’t exist. Here we see a shift in mentality: Generating revenue isn’t the north star, but making commerce better for everyone. 

For Lütke, it’s seeing how retailer pains are the roadmap to Shopify’s success as a software platform. For retailers, it’s keeping up with what their buyers engage with, or complain about. 

Shopify’s billion-dollar business growth is a circle, not a straight line — and one that’s inherently built on support. 

Watch Behind a Billion-Dollar Business:

Read more

  • Back-to-School Ecommerce: Infographic & Lessons from $58.1B in Online Sales
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by Sarah MacDonald
Updated on 26 Nov 2019
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by Sarah MacDonald
Updated on 26 Nov 2019

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