This Business Lost money On Purpose (& It Worked)

Why Tom Strickland ditched profit, and built a credibility empire.

Most founders obsess over profit.

Tom Strickland? He built a business that never made any.

Roam Global, the luxury travel experience brand he co-founded, was never meant to be a cash cow. In fact, it’s lost money every year.

So why does he keep running it?

Because it built him the network, brand, and leverage to turn everything else into gold.

This week on the No Bollocks Podcast, I sat down with Tom to unpack the real business behind Roam, and why it’s one of the smartest “loss-making” moves I’ve ever seen.

We talked about:

  • Why your network is more valuable than profit.

  • How travel became a tool for deal flow and credibility.

  • Why his concierge business in Bali is the real moneymaker.

  • And the myth that every business has to make money to be worth building.

👉 Listen to the full episode here 👇

Want to build a business that actually gets you in the room?
Tom’s story proves it’s not about what you sell. It’s about who you surround yourself with.

That’s exactly why I launched the No Bollocks Community, a free space for hungry entrepreneurs, deal-makers, and founders to connect, learn, and grow.

I’m in there personally, answering questions and dropping value.
And for the next few days, it’s free to join.

After that? It’s going behind closed doors.

Trust me, one conversation can change your career, but only if you’re in the room.

See you on the inside,
Matt