How He Built a $300M Empire by Paying You to Use Your Phone | Dan Novaes | The Science of Flipping Video
In this episode of Entrepreneur DNA, I sit down with Dan Novaes, the founder of Mode Mobile and the creator of the EarnPhone, to unpack how he built a $300M tech empire by literally paying people to use their phones. Dan shares his journey from launching a failed music app to creating a platform that’s rewarded users with over $350M in earnings and savings, while raising capital from more than 30,000 investors through a revolutionary crowdfunding model. He opens up about the dark times following the 2022 crypto collapse, how he pivoted from near failure, and why building a company with community, resilience, and innovation at the core is the future. Whether you're an aspiring founder or a seasoned entrepreneur, this episode is packed with real talk, hard-won lessons, and a bold vision for what’s next in tech and entrepreneurship.
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About Dan Novaes:
Dan Novaes is the Co-Founder & CEO of Mode Mobile, the company behind EarnPhone and EarnOS — platforms that pay users for everyday phone activity. A serial entrepreneur, Dan has raised nearly $30M through crowdfunding and scaled Mode to over $300M in value, with 30K+ investors and $350M+ paid out to users. Named Deloitte’s #1 Fastest-Growing Software Company in 2023, Dan is on a mission to make tech more rewarding for everyone.
Connect with him:
🌐 Website: invest.mobl.com
📧 Email: [email protected] or [email protected]
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About Justin:
After investing in real estate for over 17 years and almost 3000 deals done, Justin has created a business that generates 7 figures in active income through wholesaling and fix and flipping as well as accumulating millions of dollars of rental properties including 5 apartment buildings, 50+ single family homes, and 1 storage facility
Justins longevity in real estate is due to his ability to look around the corners, adapt to changing markets, perfecting Raising private capital, and focusing on lead generation which allows him to not just wholesale and fix & flip, but also accumulate wealth through long term holds.
His success in real estate led him to start The Entrepreneur DNA podcast and The Science Of Flipping podcast and education company, and REI LIVE where he’s actively doing deals with members. He has coached and mentored thousands of aspiring and active investors over the last decade.
Connect with Justin:
Instagram: @thejustincolby
YouTube: Justin Colby
TikTok: @justincolbytsof
LinkedIn: Justin Colby
