$3.2B in 10 Years | Martin Basiri

Martin Basiri built ApplyBoard into a $3.2B company in 10 years, helping over 2 million students study abroad. He is among the very few Iranian immigrants to build a multibillion dollar company in North America, and ApplyBoard alone now contributes 0.6% of Canada's GDP. In this first time Martin shares his full playbook, before his first $3M raise, his vision for the future of immigration, and what he is building next with Passage, a new financial aid platform reimagining how students fund their education. Martin Basiri Linkedin : https://www.linkedin.com/in/martinbasiri/ More about Passage : https://www.linkedin.com/posts/martinbasiri_passage-is-3-years-old-we-started-the-share-7445530978036658176-fnn4?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAABcWhnUBc4VY_Jeg2Zkx0n3jQpTTTh3xu30 Our Newsletter : https://secondnewsletter.substack.com/ Ardalan Javadi : https://www.linkedin.com/in/ardalanjam1369/ 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒  0:00 0.6% of Canada's GDP  0:39 Martin's Introduction  2:02 The system design idea behind ApplyBoard  7:37 Did your short experience as an employee in Ohio make it clear you couldn't work for others?  9:09 Martin's philosophy on taking action 1 1:09 Martin's impact on Canada's economy  13:01 ApplyBoard is the largest study abroad company globally  13:44 The global problem in higher education  14:51 ApplyBoard as the greatest impact entrepreneurship  17:00 Passage's financial aid system  18:22 How did Martin discover the higher education problem?  28:22 Contrarian and right  29:20 Martin's insight on growth stage capital  33:41 ApplyBoard's revenue growth stats  34:52 300 no's for the first $3M  35:18 Plug and Play  39:25 Martin is the only Iranian in the past  20 years to build a $3.2 billion company as an immigrant  40:37 Martin's take on AI's long term impact on higher education  48:39 Martin's take on the future of immigration  50:00 Fertility rate  57:07 Martin's prediction on the future of study abroad and why Passage matters  1:02:00 Martin's unique insight on immigration  1:04:00 Canada's population decline this year  1:05:22 Canada's productivity decline 1:07:08 The median income of immigrants from Canada to the US is $142,000 1:08:14 The rising cost of tuition in higher education 1:09:10 What is Passage? 1:14:16 Which country has had the best immigration policy in recent years? 1:18:19 Martin Basiri's 5 toolkits for entrepreneurs