Meet the man behind the world’s most popular email marketing service, which has more than 3.5 million users and more than 300,000 businesses as its customers. According to Inc., the company is worth $160 million. Yes, you read that right.
MailChimp is a leading email marketing platform that offers email services for small businesses, freelancers, and entrepreneurs of all levels. It has more than 3.5 million users and more than 300,000 businesses as its customers. It is quite a remarkable feat achieved by its founder, Jim Adler. Let’s know more about Jim Adler’s net worth and how much he is worth at present.
Jim Adler’s Net Worth
Jim Adler is a successful entrepreneur, and founder of the world’s biggest email marketing platform, MailChimp. He has a net worth of $160 million.
MailChimp is a leading email marketing platform that offers email services for small businesses, freelancers, and entrepreneurs of all levels. It has more than 3.5 million users and more than 300,000 businesses as its customers. It is quite a remarkable feat achieved by its founder, Jim Adler. Let’s know more about Jim Adler’s net worth and how much he is worth at present.
How Did MailChimp Founder, Jim Adler, Make His Money?
The success story of this entrepreneur began with a trip to India in his college days. There, he saw the success of email marketing and was intrigued by the idea. After returning home, he worked on his idea for four years and launched MailChimp in 2001. It was a remarkable achievement for him, as his idea was not taken seriously by most people.
MailChimp: A Brief History
MailChimp is an email marketing platform that helps small businesses, freelancers, and entrepreneurs to create, send, and track their email campaigns. It was founded in 2001 by Jim Adler. The company was acquired by InMotion in 2015. The company has been growing steadily ever since.
It was launched in 2001, when email was just taking off. The founders had spent years developing the product and testing it with their friends and family. By the end of 2001, they were ready to launch to the rest of the world. By the summer of 2002, when it went live, there were 3 million addresses in the MailChimp database.
There was a lot of skepticism about email marketing at the time, but the founders knew they had a good product. They launched a small ad in the Wall Street Journal and took it from there. They grew the company from 3 million addresses in the database to 6 million addresses by the end of 2002.
By 2003, they had 2 million users. It was a huge success, and the company grew rapidly. By the end of 2003, it had 5 million users. By the end of 2004, it had 9 million users. By the end of 2005, it had 15 million users. By the end of 2006, it had 23 million users.
By the end of 2007, it had 31 million users. By the end of 2008, it had 41 million users. By the end of 2009, it had 51 million users. By the end of 2010, it had 61 million users. By the end of 2011, it had 71 million users.
By the end of 2012, it had 81 million users. By the end of 2013, it had 91 million users. By the end of 2014, it had 101 million users. By the end of 2015, it had 111 million users. By the end of 2016, it had 121 million users. By the end of 2017, it had 131 million users.
By the end of 2018, it had 141 million users.
Other Net Worth Accomplishments of Jim Adler
Apart from being the founder of MailChimp, Jim Adler is also a popular author and speaker. He has written two books so far; “The E-myth Revisited” and “The E-myth Exposed”. His second book was published in 2016 after his first book was a huge success. The book talks about the growth story of MailChimp and also provides examples of how MailChimp promotes itself and its products.
His net worth has also been boosted by his appearance on “Shark Tank”. He appeared on the famous TV show in 2015 to promote his second book and ask for investment. The episode got more than seven million viewers and boosted his net worth further.
Final Words: Why is MailChimp So Successful?
If you are wondering, how a company with such a small customer base is so successful, the answer is simple. MailChimp has been consistently innovating and improving its product to make it better than ever before. It has been investing in research and development to make sure that its product is the best in the market.
The company has also been working on how to make its product more accessible to customers. It has developed a number of products to help small businesses and entrepreneurs grow their business.
It has also been consistently making improvements to its product and customer service to make sure that they are the best in the market.
It has also been working hard to make its product accessible to customers all over the world to make sure that they are able to use it. It has also partnered with various government organizations to make sure that its product is accessible to customers in remote areas.