My First Million

By The Hustle & Shaan Puri

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 Mar 11, 2020

Description

The Hustle presents - My First Million. A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.

Episode Date
Greatest Hits #5 - The 1-800-GOT-JUNK Story
3618
We're trying a new format. Sam (@theSamParr) adds his commentary throughout the episode this week. Let him know on Twitter what you think of the change. Brian Scudamore (@BrianScudamore) is North America’s Junk Man. He turned a $700 pickup truck into one of the world's most successful franchises. Hear how he got started, got on Oprah, stumbled and almost killed his business, and the philosophies he uses to run his multimillion dollar junk empire! --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (3:41) Intro by Shaan to original episode * (5:22) How Brian got his story out there * (8:42) The origin story of 1-800-Got-Junk * (19:28) How Brian got the 1-800-Got-Junk number * (24:18) The vision board and getting on Oprah * (34:07) How Brian tore everything down to rebuild even better * (38:56) What Brian focuses on when hiring * (47:07) Why business went down $40M and how Brian responded * (51:58) Q1: What does Brian see as their breakthrough moment? * (53:14) Q2: How does Brian get liquidity & think about money? * (56:44) Q3: What would Brian do if he was 21 again? * (57:58) Getting in touch with Brian Sam's commentary: * (1:02) Sam's intro commentary * (4:42) Sam commentary 2 * (10:41) Sam commentary 3 * (12:46) Sam commentary 4 * (14:45) Sam commentary 5 * (15:23) Sam commentary 6 * (20:45) Sam commentary 7 * (31:16) Sam commentary 8 * (39:46) Sam commentary 9 * (41:33) Sam commentary 10 * (54:44) Sam commentary 11 * (59:33) Sam final commentary
Jun 14, 2021
MFM Mini - The Way To Be Confident
593
Shaan (@ShaanVP) used to be super shy. Now he is known for his confidence. Talking on stage in front of thousands or starting new business takes confidence. In this 10 minute mini episode he talks about what the turning point was for him, and his unusual hack for building confidence. Like Shaan’s stories? Subscribe to his newsletter to get 1-2 stories like this a week at www.shaanpuri.com --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Jun 13, 2021
#190 - Making Billions in Coworking, the Dark Side of Confidence, and the Future of Sports Recovery
3571
WeWork isn’t the only game in coworking. In this episode, Shaan (@ShaanVP) and Sam (@theSamParr) break down the multi-billion dollar coworking industry and identify what you need to succeed. Shaan shares an awesome story about Steve Jobs and the guys talk about the future of sports recovery and where money is to be made with athletic endorsements. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:24) - Episode Intro * (3:18) - Opportunities in coworking * (11:56) - The MFM co-working space? * (15:27) - The mystique of Adam Neumann * (19:34) - The duality of extreme confidence * (30:40) - You can't say no to Steve Jobs * (36:39) - Shaan's dream exercise for new hires * (38:47) - The Nike of sports recovery * (47:29) - Cryotherapy in a barrel * (51:13) - Saunas and sensory deprivation * (52:57) - Leveraging opportunities around pro athletes * (58:07) - Outro
Jun 11, 2021
#189 - Second-hand E-commerce, Door-to-door Sales, and Live Show Recaps
4876
Sam (@theSamParr) & Shaan (@ShaanVP) discuss second-hand e-commerce, door-to-door sales, and business poised to bounce back after COVID in this episode. They start off the episode recapping the live shows in Miami and Austin which leads them into personal travel and other slingshot business set to rebound after a COVID slump. The guys transition to the Mayweather Paul fight, the infamous Charizard necklace, and to some exciting things happening in the NFT space. They close it out with Shaan sharing ideas on litigation finance, second-hand e-commerce, and a fantastic story on door-to-door sales. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:16) - Episode Overview * (2:31) - Intro * (5:44) - Recap of Live Shows * (6:55) - Personal travel is crazy right now * (10:10) - Sam & Shaan on slingshot startups * (20:26) - How sports are innovating * (23:09) - Floyd Mayweather vs. Logan Paul * (25:27) - The Charizard Necklace * (27:18) - LaMelo Ball’s NFT collection * (33:55) - What is Ether.Cards * (41:52) - Peter Thiel and litigation finance * (50:22) - Second-hand e-commerce * (1:00:42) - Mega-segment on door-to-door sales * (1:20:11) - Outro
Jun 09, 2021
#188 - What It's Like to Be Rich, How to Respond to Growth Plateaus, & the New Neighborhood 7/11
3365
Sam (@theSamParr) & Shaan (@ShaanVP) do a little Q&A in this episode. They talk about their financial goals, their romantic relationships, and what they would do if they were 21 again. They finish off the episode talking about the podcast growth, live events, and brainstorm a few ideas around community and sports you can do as you get older. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:19) - Intro * (4:00) - The Twitter bio paradox * (6:15) - Intro to Q&A * (6:30) - Q1 - What's it like to be rich? * (11:51) - Q2 - What do you read/research outside business? * (14:03) - Q3 - How did success influence your romantic relationships? * (20:34) - Q4 - What pandemic behavior do you want to keep? * (22:00) - Q5 - If you were 21 again, what would you be doing? * (25:44) - Q6 - What's your best purchase over $2K & best under $100? * (27:52) - Podcast growth update * (29:55) - On growth plateaus * (32:47) - Live event update * (34:53) - Community around the "neighborhood 7/11" * (44:25) - The new golf * (53:53) - Outro
Jun 04, 2021
Why I Got Sober (for entrepreneurs)
2735
Sam (@theSamParr) gets real in this episode. He talks about his struggles with alcohol and the reasons why he is now sober. He shares 8 lessons he learned from his experiences. He ends the episode by answering questions he received on Twitter. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:00) - Intro * (3:56) - How it started - Sam's background with alcohol * (11:24) - The first turning point [oasis] * (13:36) - Asking for help [university clinic] * (14:49) - Going to California * (17:41) - The second turning point [Joe Garvin] * (20:07) - Getting help [SF Clinic] * (23:13) - Coping while sober [eating sugar] * (24:39) - What Sam has learned * (25:46) - Lesson 1 - The inner game * (27:26) - Lesson 2 - Being open * (29:33) - Lesson 3 - Booze messes up your body * (31:16) - Lesson 4 - Sober Sam = Attractive Sam * (33:04) - Lesson 5 - Having fun while sober * (35:14) - Lesson 6 - Intense realism * (36:57) - Lesson 7 - Control your emotions, control your reality * (37:17) - Lesson 8 - Saving $$$ * (37:58) - Q&A
Jun 02, 2021
Greatest Hits #4 - How To Sell Your Company for $750M - Meet Vungle's Jack Smith
3275
Jack Smith (@_jacksmith) is the most clever entrepreneur I know. He’s cofounded multiple startups: Vungle, Coin, Shyp. With Vungle recently selling for $750M, we talk about his early businesses as a kid, selling prank itching powder on the playground - all the way to his infamous “LinkedIn Hack” that got him his first $120k investment check. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:05) Episode Intro by Sam * (4:10) Who is Jack Smith? * (9:30) How Jack hustled as a 12-year-old * (13:55) Jack on productivity and procrastination * (21:26) How Jack raised for Vungle * (31:13) How Shaan got his in at Monkey Inferno * (35:16) The early iterations of Vungle * (41:37) How Jack leveraged his beginner's mindset * (45:19) Jack on VC norms & selling his stock * (49:44) What Jack would do if he was 20 again
Jun 01, 2021
MFM Mini - How to Turn Any Bad Experience into a Good One
434
Shaan (@ShaanVP) talks about a powerful reframing technique that can be used to make any "2-star" experience a "5-star" experience. Shaan tells a story of how this technique was used perfectly. The truth is we can all choose the experience we want and manifest it. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------
May 30, 2021
#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
3720
There are entrepreneurs quietly generating six figures working part-time in the vending machine business. Others have been able to scale to multi-million and even multi-billion-dollar figures in the industry. Shaan (@ShaanVP) and Sam (@TheSamParr) break down the vending machine industry with tons of numbers and exactly how some are pulling it off. The guys transition from a "boring" business to high-tech ones as they break down how Vimeo went from a College Humor project to competing with YouTube and earning an $8b valuation. They also talk about a trendy new pod that generated 500k downloads on its first day and they brainstorm on a fun concept: ghost kitchens for gifts. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (5:55) How Vimeo became an $8b company * (14:26) The next big social app? * (25:45) The millions to be made in vending machines * (41:35) Ghost kitchens for gifts * (53:00) Post-podcast free talk
May 28, 2021
Stanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades
3007
Trung Phan (@TrungTPhan) -- lead writer for The Hustle -- interviewed hedge fund legend Stanley Druckenmiller on May 11. Widely regarded as one of the greatest investors ever, Druckenmiller famously made $1 billion in a single trade shorting the British Pound in 1992.  Sam (@theSamParr) has a brief intro chat with Trung before transitioning into the 40-minute Druckenmiller Q&A, which covers: 1) the parallels between now and the Dot-com bubble; 2) the appeal of Bitcoin; 3) the first Big Tech firm likely to reach a $5T valuation; 4) what makes a great investor; and 5) Druckenmiller’s investment in fintech startup Toggle AI (which set up the interview).  --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (8:25) Lessons from the Dot-com Bubble  * (17:40) What’s the first Big Tech company likely to reach a $5T valuation?  * (19:25) What’s the biggest risk to the equity markets?  * (21:55) What are the long-term effects of the Wall Street Bets saga?  * (24:20) How he uses Toggle AI in his investing process * (26:50) What makes a great investor?  * (35:20) What is the appeal of Bitcoin?  * (42:20) His thoughts on Dogecoin  * (44:20) Advice for 20-year olds 
May 27, 2021
#186 with Marc Lore - Brainstorming with Billionaire Marc Lore on What He Would Build Today and the Future of Ecommerce
4541
Shaan (@ShaanVP) and Sam (@TheSamParr) talk with billionaire Marc Lore. Marc is an entrepreneur who started The Pitt, Diapers.com, and Jet.com. Collectively he has sold his companies for over $4B. Marc talks about his plans for his new NBA team, the Minnesota Timberwolves, which he bought alongside Alex Rodriguez. He talks about how he plans to run the team like he has always ran his companies. He talks about the importance of hiring the right people (and how to do it) and being well-capitalized. For the second half of the podcast, we jump straight into a brainstorm. Marc talks about the interesting companies he's investing in as well as the ones he would like to exist. He even breaks down how he would go about creating a $100m e-commerce related company within the next 3 years --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (6:00) How Marc came to own the Timberwolves * (15:28) How Marc Lore hires people * (28:30) These are the companies Marc is investing now * (37:40) How Marc decides which companies to start and how he goes about it * (44:47) Where Marc thinks the future of e-commerce is going * (55:17) How Marc would build a company to sell for $100m * (1:00:27) Shaan and Sam debrief
May 26, 2021
#185 with Andrew Wilkinson - The Secretive Billionaire Who Acquired Burger King, Creating Better Babies & How Much Money is Enough?
4281
Sam (@theSamParr) and Andrew (@awilkinson) break down billionaire Jorge Paulo Lemann. Lemann has built his fortune by acquiring consumer businesses and running them profitably by slashing costs. He famously sells all corporate jets when he acquires a company. The guys then get into a brainstorm on Andrew's new media company, how to create healthier babies, and "health managers". --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (4:05) Billie of the Week: Jorge Paulo Lemann * (37:25) How Andrew is building a local media business empire * (45:50) How to create a better baby * (51:25) What is a "health manager"? * (59:02) How much money is enough?
May 25, 2021
#184 - Making Millions Improving Mobility, How to Beat Linkedin & Why You're Early Even When You're Late
4297
Canva is awesome, so why hasn't anyone pulled off Canva for video? Shaan (@ShaanVP) and Sam (@TheSamParr) dive into the opportunities in this space and how a huge company can be built by making it easier to create videos. The guys then talk mobility. This is a huge market opportunity with companies like GOWOD and The Ready State making millions helping people improve their mobility. Next, the guys brainstorm on creating a better Linkedin and a few companies doing it. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (11:42) Canva for video explained * (24:25) Why we need super joints * (39:37) The local Linkedin? * (45:08) How to build a better Linkedin * (1:00:03) Even when you're late, you're early
May 21, 2021
Emergency Podcast - I Just Lost $500k This Morning: Here's a Framework for Dealing With a Crisis
566
Shaan (@shaanvp) talks about dealing with a crisis. He lost half a million in one day -- here's his mindset and how he dealt with it. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------
May 19, 2021
#183 - How Course Businesses Work, How Irish Pubs as a Service is Making Millions & Profiting From Vacant Office Spaces
4123
Shaan (@ShaanVP) and Sam (@TheSamParr) go in on the courses industry. They break down the different types of course business categories, how to build them, and how to grow them. Shaan also talks about a Twitter fight he got into that got him blocked. The guys finish the episode by brainstorming on ideas ranging from "a bar-in-a-box" to selling ice to capitalizing on real estate vacancies. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (5:48) Why Shaan got into a Twitter argument * (18:21) Is On Deck the most over-hyped course company? * (23:35) The guide to course businesses * (45:30) How IPaaS (Irish Pub as a Service) is making millions * (53:32) Making money selling ice? * (58:41) Profiting from vacant office spaces
May 19, 2021
Greatest Hits #3 - Selling a Blog For $9m with Ramon van Meer
3316
Shaan (@ShaanVP) interviews Ramon Van Meer (@ramonvanmeer) on his journey to selling his blog. Ramon has never seen a soap opera. Yet somehow, he built the most popular soap opera blog on the planet - and was raking in millions per year! Today's conversation is about how he got the idea and flipped a $49 WordPress theme into a multi-million dollar payday. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (7:32) Who is Ramon van Meer? * (10:50) Why Ramon decided to focus on soap operas * (16:25) Ramon's mindset while building his business * (21:31) How Ramon built a 350k mailing list with quizzes * (30:00) How Ramon comes up with ideas for businesses * (35:30) The moments Ramon thought he would fail * (39:55) Why did Ramon decide to sell?
May 17, 2021
#182 - How an Astrology App Makes $10m+, Why a Boxing Announcer is Worth $400m & Creating a Personal Monopoly
3824
Shaan (@ShaanVP) and Sam (@TheSamParr) talk about an astrology app that has been creating controversy throughout Silicon Valley -- Sanctuary. VCs have come out against the app as pseudoscience, but the guys question their logic. These kinds of apps go into the bucket of "me-businesses" or businesses that tell the user about themselves. So from there, the guys brainstorm on ideas within this framework. The second half of the episode is focused on "personal monopolies" -- the concept of creating a big personal brand and monetizing it. We talk about a few people who have done it successfully and how you can too. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (5:42) The controversy behind an astrology app * (20:18) Brainstorming "make-it-about-me" businesses * (28:40) Shaan and Sam's "one-night stand" businesses * (38:11) Why you shouldn't overthink your idea * (45:21) Personal monopolies: Michael Buffer, Judge Judy, and Ryan Seacrest * (54:57) Sam's Tim Ferriss story
May 14, 2021
#181 - How Virtual Horses are Making Millions, A Potential 9-Figure Company & How to Bet on Anything
4226
Virtual horse racing? That's right Shaan (@ShaanVP) and Sam (@TheSamParr) break down a virtual horse racing company doing millions. The company is so hot right now, Sam even tried investing but wasn't able to. They also talk about a company delivering testosterone right to your doorstep. We've talked about this business before, and Shaan even said it was one of the best ideas we've had on the pod. We also cover BeeRoll (Shaan thinks this can become a 9-figure company), Polymarket, and a bunch of growth tactics at the very end. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (3:04) The company delivering testosterone to your door * (13:58) Making millions from virtual horses? * (28:38) How BeeRoll is turning regular people into micro-influencers * (43:18) How to bet on anything * (52:23) Updates on the podcast
May 13, 2021
#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
6012
Shaan (@ShaanVP) and Sam (@TheSamParr) are joined by Furqan Rydhan (@FurqanR). Furqan was Shaan's CTO at Bebo and previously co-founded AppLovin -- a $20B+ company that recently went public. Shaan and Furqan host a weekly "Cool Sh!t Hour" between themselves to discuss the coolest innovations Furqan's seeing. We basically took that and made it into a podcast. Furqan talks about mind-control hardware, vertical farming, and a lot of interesting crypto projects. He also talks about what it was like starting a multibillion-dollar company and his mindset around making decisions on what projects to work on. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (5:33) Background on Furqan and his new venture (f.inc) * (7:48) How AppLovin became a $20B+ company * (24:20) The hardware Furqan is bullish on * (35:33) DeFi and borrowing against crypto * (48:38) The opportunities in vertical farming * (59:59) The power of proximity and serendipitous opportunities * (1:13:40) What are DAOs?
May 12, 2021
Greatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000
4427
Shaan (@ShaanVP) talks to entrepreneur Moiz Ali (@moizali) on today's episode. Have you ever looked at the back of your deodorant stick and read the ingredients? Aluminum zirconium trichlorohydrex? PPG-14 Butyl Ether? Well, Moiz saw that and created Native, a natural deodorant without all the chemical junk. He built the company from his brother's dining table - doing sales, marketing, operations & customer service as a one-man-show. His hard work paid off, as he sold the company for $100M to Proctor & Gamble just 2.5 years after it launched. Listen in to hear the backstory of how he started using just $1k, how the company almost died (twice), and how he negotiated a $100M sale of the business!  --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * 12:40 - How Moiz got his first product made and first few sales * 21:00 - The highs and lows of entrepreneurship * 27:40 - How to iterate quickly with a physical product * 32:55 - Shaan rapid fires questions at Moiz to understand his mindset and business at the time * 46:33 - How Moiz sold Native * 58:30 - Moiz talks about his doubters and how it fueled him
May 10, 2021
#179 - How the UFC Became a Multi-Billion Dollar Brand, No-loss Lotteries Explained & How to Save on Your Taxes
3093
With Endeavor's IPO, Shaan (@ShaanVP) and Sam (@TheSamParr) break down the UFC's numbers and how it got so profitable. Key to the whole thing: Dana White. He bought the UFC for $2m and turned it into a multi-billion empire. The guys also talk about the mental toughness of UFC fighters and how you can take some of these same principals and apply them to your life. They also talk about an interesting concept called no-loss lotteries and a company trying to save you taxes. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (3:28) How to retain talent * (7:42) The mental toughness of UFC fighters * (15:30) The power of self-talk * (24:20) How the UFC got so profitable * (36:38) How this company will help you save taxes * (41:05) What are no-loss lotteries? --------- Show links: * https://studentloanhero.com/ * https://properlot.com/ * https://www.poconnor.com/ * https://www.fivestonetax.com/ * https://pooltogether.com/ * https://twitter.com/lay2000lbs * https://waitbutwhy.com/2021/04/lanby.html * https://www.thelanby.com/
May 07, 2021
#178 with Balaji - Balaji on How to Fix the Media, Cloud Communities & Crypto
9394
Shaan (@ShaanVP) and Sam (@TheSamParr) host Balaji (@balajis) this episode. This is an amazing dive into Balaji's mind. He talks about the current issues with the media and how he's hoping to fix it with crypto and the blockchain. We also get a look at how he views the world, what motivates him, what he's been wrong about as well as the massive shifts he sees happening. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:00) Intro * (2:30) Balaji's background * (7:33) Why Balaji started a newsletter: 1729 * (22:40) The media and its biases * (31:58) Balaji on memes and their importance * (37:45) What the future of media looks like and the role of crypto * (56:26) When did Balaji get into crypto? * (1:01:30) Sam asks Balaji what motivates him * (1:11:50) How the world is changing and becoming more Balaji-like * (1:19:39) What would 21 year-old Balaji work on? * (1:22:46) Why geographical proximity is no longer linked to cultural proximity * (1:26:25) How we can align incentives between tech and everyone else * (1:32:30) Balaji on crypto-social networks * (1:37:30) How Balaji operates day-to-day and "the idea maze" * (1:47:33) The importance of finding the right place to live * (1:57:30) What it's like to talk to Balaji * (2:02:08) What has Balaji been wrong about? * (2:11:00) Science vs. math: getting to the truth * (2:21:10) Balaji asks Sam for newsletter advice * (2:24:40) What are Balaji's guilty pleasures
May 05, 2021
Greatest Hits #1 - Turning it Around: From Failure to a $100m+ Success
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Suli Ali is one of the most interesting founders we’ve had on the pod. Suli and his brother Moiz have started and sold $300m worth of companies. They’ve also invested in hundreds of big-name startups, thousands of real estate deals, and much more more. He built small, silly apps. Like a Facebook app survey where you voted “most likely to wear a bunny costume”. Yet...it turned into a huge success. How? When he sold his first company, it was doing $85 million in revenue and $15 million in profit. In this episode, we discuss his journey from making $76k a year at Microsoft to selling his first company for $100,000,000+. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * 8:05 - Shaan predicted this podcast would be successful...he was right! * 9:55 - Suli’s parents encouraged him to start a company...and why that’s important. * 24:25 - Meeting Naval - is he legit? * 27:25 - Getting grilled by Keith Rabois * 41:25 - Listen to Suli’s confidence and how he explains starting stuff and how he deals with downs. * 1:02:25 - Risking his life savings to make his company work (then selling it for $100m).
May 03, 2021
#177 - How a City Tour is Making Millions, Selling Manhood & the Barstool for Tech
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Shaan (@ShaanVP) and Sam (@TheSamParr) might have set a record with this episode in terms of ideas! We start with Shaan laying out his case for why a "Barstool for tech and business" would work and how it should be done. Sam pushed back a little bit but admits it's possible. The guys then talk about the booming software course business. Valuations are sky-high for some companies in this sector -- Shaan explains why. The guys also revisit internal media companies (they'll invest if you're doing it). The guys also break down: a NYC tours business pulling in $1m annually, "Manhood as a Service" businesses, and renting chickens! --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:58) Podcast growth * (7:34) "Barstool for Tech/Business" * (16:07) Why course software companies are booming * (27:18) Internal newsletters and podcasts * (33:38) Millions being made with city and company tours * (45:05) Manhood as a Service * (50:51) Museum of Ice Cream and Museum Hack * (52:50) Rent the Chicken * (58:44) How Shaan and Sam get things done
Apr 30, 2021
#176 with Codie Sanchez - Buying Distressed Assets, Real Estate for Cheap & How to Network Like a Pro
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Codie Sanchez (@Codie_Sanchez) joins Shaan (@ShaanVP) and Sam (@TheSamParr) for this brainstorm. Codie is all about businesses that cashflowing right away. She talks everything from buying distressed businesses to modular homes to buying real estate for pennies on the dollar. She doesn't shy away from controversial thoughts either: she lays out why angel investing is dumb and why public stock investing is as well. We end the episode with some great stories on "how to collect people" (basically network like a champ) and what financial freedom really means. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:38) The guys recap the Balaji podcast * (5:08) Codie explains what she does and how she got there * (15:03) Owning mailing centers & pack and ships * (21:12) Buying distressed assets for $0 * (23:54) The big ROI on tiny homes * (28:44) Codie's controversial thoughts * (37:16) Buying RE at auction * (43:01) How to collect cool people * (54:15) How Shaan and Codie view financial freedom
Apr 28, 2021
#175 - Brainstorming Million Dollar Ideas with Elaine Zelby
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Shaan (@ShaanVP) and Sam (@TheSamParr) are joined by Elaine Zelby (@ezelby) for this brainstorm. Elaine brings the heat with ideas for starting a Saas bundle company (Sam says this is easily a $10m business), creating the "adult manual", the SNOO for adults, subscription running shoes, and a bunch of alternative health business ideas. Not only do they bring ideas, but they also break down how to pull off these businesses. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:35) Introducing Elaine Zelby and Signal Fire * (8:31) Shaan's first unicorn! * (14:15) How Signal Fire finds deals * (25:35) Investing in an Elon Musk idea * (33:12) Startup SaaS bundle is a $10m idea * (41:10) Creating the "adult manual"? * (49:55) The SNOO for adult * (53:25) Subscription running shoes * (56:45) Brainstorming alternative health ideas
Apr 26, 2021
#174 with Andrew Wilkinson - How to Network with Billionaires, Andrew and Sam's Recent Investments, & A Better Investor Than Buffett
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Sam (@theSamParr) is joined by Andrew (@awilkinson) to catch up. They spend the first half of the episode talking about the investments they've each made in 2021. Andrew then dives into a more obscure investment he made: a bakery! He explains it's more for fun than profit. Andrew also drops some great hacks: how he saves time on email and how he networks with billionaires. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (4:24) The entrepreneur lifestyle and the stress that comes with it * (12:45) Sam and Andrew talk about their recent investments * (45:20) Andrew bought a bakery. Here's what he's doing with it * (53:10) How to make your hometown cool * (55:52) Henry Singleton: better than Warren Buffett * (1:02:28) Andrew's email hack and how he donates * (1:11:25) Why Andrew is the king of networking
Apr 23, 2021
#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
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Shaan (@ShaanVP) and Sam (@TheSamParr) dive deep into 75 Hard: what it is, who's behind it, and why it's so successful. From there they talk about a similar business: Beachbody. Beachbody does over $1B in sales, but the way they generate their profits will surprise you. The guys also brainstorm on "HackerNews for X" ideas and how to pull them off. Towards the end, Sam challenges Shaan on why he's running so many businesses and not focusing on just one. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (2:00) Talking pod growth * (8:20) Shaan's funny story from college * (13:12) "HackerNews for X" * (30:12) What is 75 Hard? * (35:30) How Beachbody became a $1B behemoth * (52:04) Sam challenges Shaan on doing many businesses instead of focusing
Apr 21, 2021
#172 - Indie Businesses Making Millions, Advice to Young Entrepreneurs & How to Grow a Podcast
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We start this one off with a little "Inside MFM" from Shaan (@ShaanVP) and Sam (@TheSamParr) as they discuss growing the pod and how they are going to do it. Then they break down the big news of the week: the Coinbase IPO. They talk about Coinbase's humble origins on HackerNews and how most big businesses have these same origins. It's often hard to see the big picture in the early days. They also talk about their own early days and give advice to young entrepreneurs. The second half of the pod turns into a brainstorm. They brainstorm around indie businesses like Microacquire and Photopea and how to build similar businesses. Finally, we end it by discussing the opportunities around "Affirm for X". --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:24) Growing the podcast: how we're going to do it * (9:02) The guys break down the Coinbase IPO * (20:25) Big businesses are often not apparent at the beginning * (25:26) Advice for young entrepreneurs * (33:55) Microacquire dissected * (40:55) An indie project making million * (52:17) Brainstorm "Affirm for X"
Apr 19, 2021
#171 - How to Generate Millions from Paid Events (Bootstrapped)
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Shaan (@ShaanVP) and Sam (@TheSamParr) break down the events business step-by-step. Sam explains how he grew HustleCon from nothing into a powerhouse. Sam shares numbers and the techniques he used to generate sales and keep costs low. It's a masterclass on how to run an events business. The guys also discuss the "Billie of the Week" Sam Bankman-Fried, and how he became a billionaire at 29 from crypto. At the end, they brainstorm on the idea of "accountability coaching for X". --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:20) The amazing story of how Sam Bankman-Fried made his fortune by the age of 29 * (14:01) How a gambler beat Vegas and a kid took over the internet * (22:27) Sam explains how to run and scale a profitable event step-by-step * (47:07) Brainstorming on "accountability coaching for X"
Apr 16, 2021
#170 with Jake Paul - Why Jake Paul Thinks He's Worth Billions
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Shaan (@ShaanVP) and Sam (@TheSamParr) are joined by Jake Paul (@JakePaul) and Geoffrey Woo (@geoffreywoo). The guys talk about Jake's upcoming fight with Ben Askren and a friendly wager Sam placed. We dive into business with Jake giving his take on the creator economy, why he's worth billions to the big platforms, and how Bitclout can play a role in all of it. He thinks he can be the next Jay-Z or Dr. Dre, bridging an entertainment career with a successful business one. He's already had a hit with Fanjoy, which he breaks down for us. Jake also talks about his investment philosophy, some of the companies he's investing in, and the areas he's most interested in at the moment. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (2:32) Jake talks about his upcoming fight with Ben Askren * (7:29) Jake and Geoff talk about his new fund and his investing philosophy * (20:14) The business opportunities Jake's most interested in * (30:41) The guys give their takes on Bitclout and the creator economy * (40:05) Brainstorming with Jake * (1:05:08) The guys debrief after the Jake Paul podcast
Apr 14, 2021
#169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Andrew Wilkinson (@awilkinson) discuss: * (5:35) Bradley Jacobs: the man who's built 5, billion dollar companies * (28:28) Dan Gilbert: how he started with nothing, built Quicken Loans and eventually, an empire * (41:30) What talking to Warren Buffett is like * (1:00:07) How Andrew lost $10m --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Apr 09, 2021
#168 - How to Reverse Engineer Businesses, The Indonesian King of Coal & the Story of Adida‪s‬
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: * (2:07) Jake Paul, Bill Clinton, the Pope and a Prince * (13:30) TurnedYellow and the IP licensing business * (22:42) Cronyism and the Indonesian King of Coal * (33:48) "Business is the Art of Copying" * (47:53) Are robo-pets the future? * (53:33) The amazing story of the founding of Adidas --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Apr 07, 2021
#167 - Answering Your Questions On Investments, Businesses and Life
3178
Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer your questions: (3:40) What are you both investing in? (16:16) Please update us on your rolling fund. Is it what you expected? Are you more or less bullish on it? (21:25) What do you not get a chance to talk about (either because it's off-topic/lower priority) that you wish you could? (23:08) You guys are awesome at coming up with incredible ideas and knowing how to execute them. What would it take for one to pull you out of Twitch and want to pursue in full force? (27:24) Shaan how do you balance side hustles while still outperforming at Twitch? (33:06) Who’s the worst person you admire? (39:29) Should you hire your friends? (44:19) Who can squat more weight? (44:40) What are the biggest insecurities, both of you struggle with? (48:30) Since covid is pretty much a thing of the past...when will the MFM meetup be? --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Apr 05, 2021
#166 - Why a Sudoku Company Sold for $640m, "Opendoor for X" & Franchising Tech Companies
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP): (1:42) Chess.com is huge, what're other similar opportunities? (9:23) Misspelled domain opportunities (13:40) Sam's angel investing update (18:55) Brainstorming "Opendoor for X" (32:03) Franchising but for tech companies --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Apr 02, 2021
#165 with Jack Butcher - Selling a $76m NFT, How to Research Wealthy People & How BitClout Went Viral
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Jack Butcher (@JackButcher) discuss: (1:37) How Jack Butcher went from struggling founder to listing an NFT for $76m (13:38) How Sam researches wealthy people and discovers profitable businesses in the process (32:44) Why it pays to be early on new platforms (47:30) Jack explains why he's listing his art for sale for $76m (57:40) BitClout's incredible growth strategy (1:09:12) The reputational problem NFTs/Bitcoin/Bitcloud pose and are they just fads --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Mar 31, 2021
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Ryan Begelman (@RyanBegelman) discuss: (0:30) Shaan and Sam talk about getting blocked on Twitter (6:50) A carbon offset credit card raises millions (9:50) The guys talk about their angel strategies (11:00) Ryan's guide to how he makes investments (17:20) What is BitClout (46:33) Family offices and "entrepreneur-in-residence" (1:03:00) Why angel invest (1:21:40) Shaan is going to run a sting operation? Find Ryan at https://www.ryanbegelman.com/ --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Mar 26, 2021
#163 - Plugins Making Millions, Gumroad's Crazy Valuation & Why a Studying App is Going Viral
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: (3:38) Shaan talks about his CNBC appearance (6:45) The opportunities and riches in Chrome plugins (33:03) MFM is upping its social game (37:34) Gumroad is raising at a $100m valuation -- crazy? (49:55) Is studystream.live the future of remote studying? (57:01) The post-show --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
Mar 24, 2021
#162 - Why Clubhouse Will Fail
3157
Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: 0:45 Shaan breaks down why and how Clubhouse will fail (although he wishes it won't) 17:10 How to go viral and also improve your writing 27:07 How to win (and make millions) in the content game 36:22 How 'The Hustle' finds its talent 38:44 A simple startup idea with huge potential 50:38 How Shaan's tweet became a meme --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)
Mar 19, 2021
#161 with Michael Saylor - Why Michael Saylor Believes Bitcoin is Hope
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: 5:30 How Michael sells domain names for millions 23:19 Why Bitcoin is the solution to every company's treasury problems 37:34 How Michael forecasts the cost of capital 45:25 Why fixing MicroStrategy's balance sheet, fixed the whole business 51:28 What Michael's role at the company is today 52:40 Warren Buffett calls Bitcoin rat poison. Is he right? 1:01:30 How employees feel working at MicroStrategy 1:14:58 Shaan and Sam give their reactions to the interview --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)
Mar 17, 2021
#160 - Paid Communities Making $20m+ (and How to Build One), Fighting Inertia & An Interview With Dave Selinger of Deep Sentinel
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MFM #160 The guys breakdown paid communities Why paid communities are good businesses: You can make them kinda fast (much faster if you have an audience) Fun to run if you like the interest Don’t need a lot of start-up capital and can have a lean team Quite profitable Cons: Churn can be high Likely can’t scale to me huge Won’t get better with size necessarily (if user content-driven, deal-driven, or otherwise, more can be better. If connection related, less is better) Seem challenging to sell if there’s a leader To make a successful community: The amount of money you’ll make is directly proportional to the amount of revenue the members will make being connected to each other multiplied by the amount of people who’d sign up. Enthusiasts of RC cars? Likely don’t make much value from it, so you can’t charge a lot. But if it’s huge (and get better with size) then can work Underdog, us vs them, united interests, info that wants to be private, highly disjointed online,  Communities the guys like: Tiger21: A peer group for people above with a net worth of at least $10m.  Numbers: It boasts ~850 members. They generate revenue through a $30,000 membership fee and also run ads to its members. Do an estimated $24m at least in sales Sold to private equity recently Why join?: Learn and make connections. Evanta Was known as CXO Acquisition Co. and Sports Leadership Acquisition Co...so maybe started in sports? Evanta derives most of its revenue from event sponsorship. Event sponsors pay a fee to advertise at each event with pricing dependent upon the quality and level of executive attendance. 121 Unique communities worldwide 6,500 Participating organizations 253 C-level programs across 10 countries 83% of Fortune 100 represented 18,000 Participating C-level executives 87% companies with revenue of $1B+ Sold for $275m in 2016 to CEB and then Gartner Had $17m in cash when bought 12x income...so made $23m in profit! SoleSavvy A SoleSavy membership provides you the tools and resources you need to successfully purchase the products you want for retail (starting with sneakers) Raised $2m Started as a Slack group (the waitlist for the group grows by 400 people per day) 5,000 members. They charge $33 a month so $160k MRR Cook groups. AK Chef is a big one. 2000 ish members at $50. NurseLifeRN Instagram meme page with 1.2m followers BALA (a shoe for nurses company) uses this as the main advertising channel. Shaan predicts these niche communities can launch brands and hold equity in companies who need their captive audience to grow. Inertia Shaan explains inertia: Are you doing what you are doing just because or does it make you happy and are you chasing what you actually want --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)
Mar 12, 2021
#159 - Update on Michael Jordan's House, a Nine Figure Sex Toy Company & the Man with a Million Acres
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MFM #159 MJ house update Recap: Last episode the guys spoke about buying MJ’s house. The plan was to potentially turn it into a museum or Airbnb. Problem: zoning and parking -- but those might be overcome  Shaan: Spoke to Rally Rd and Nifty Gateway founders  Now what: What's going to happen now? Sam thinks nothing’s going to happen -- the guys are too busy. Shaan: you’re afraid to fail Collecting old Apple computers Opportunity: Old Apple computers like the Macintosh II and Apple II sell for a premium on eBay. There is still demand for these because of their cool aesthetics, and retro look. At Monkey Inferno, visitors would often ask about their old Macs over the expensive paintings that hung on the walls. Sam bets these will continue to appreciate. Can make for a good investment opportunity as retro style becomes more and more in demand.  Idea: Creating products from old Macs, such as https://inhabitat.com/wp-content/blogs.dir/1/files/2012/03/Macquarium-jake-harms.jpg  Sex talk Steve Shubin - founded Interactive Life Forms: https://en.wikipedia.org/wiki/Fleshlight Origin: Steve started creating sex dolls, but eventually realized most guys wouldn’t order sex dolls. He pivoted and created the Fleshlight. He scaled the company with his kids. Does an estimated $50-$100m in revenue Sidenote: One of Fleshlight’s factories in Spain uses its excess capacity to manufacture prosthetics elephant legs for Southeast Asia Opportunity: Creating the new fleshlight There is a growing demand for male sex toys, especially in countries like India and China. Even in areas where it’s taboo, new discreet packaging has made it easier.  Idea: Fleshlight marketing through channels like Onlyfans. Molds can even be made from the Onlyfans creators themselves. Billy of the week Brad Kelley Started out renting space for factories and warehouses. When he noticed lots of customers using his warehousing space to store tobacco, he pivoted.  He founded Commonwealth Brands in 1991 and sold it in 2001 for $1B "I've never defended [smoking]. Hopefully, it will be phased out of society." He’s bought a ton of land since then and is now the 4th largest landowner in the US. In January 2020, Kelley put up for sale many of his West Texas ranches, offering roughly 500,000 acres with a listing price of $404 million. He also bought Lonely Planet installing a 24-year-old CEO at the helm The purchase was a failure when he sold the company in 2020 for $50m having had bought it for $70m Sam’s a fan Keeps to himself and has done “boring” businesses. In contrast to Silicon Valley’s flashy hype-machine Indie VC Indie VC was a venture firm backing mostly bootstrapped founders. The idea was to give founders a little bit of money to help them grow instead of the traditional model of flooding a company with cash and taking a massive stake. The company closed its doors, and Shaan and Sam are critical of how founder Bryce Roberts announced the closing (didn’t take the blame hard enough). https://medium.com/@bryce/the-end-of-indie-6e1b92d90b09 --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)
Mar 10, 2021
#158 - Buying Michael Jordan's House (and Making a Profit), Investing in Athletes & Successful Startup-Studios
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MFM #158 Andrew Chen story University of Washington has a program for gifted high schoolers who want to do college early. Andrew took part and graduated at 19. He met some pretty cool people doing this including emmit of twitch, and head of hedge funds. Shaan got into a Duke program as a teenager via TIP program by scoring high on PSAT. Shaan: This is a great marketing trick -- he’ll do this when he starts his school For athletics, the opposite is done. MJ’s house Michael Jordan’s Chicago home went on sale for $30m many years ago, but hasn’t sold. Today it’s on sale for $14m. Idea #1: Buy the house using crowdfunding and through NFTs, any fan can own a fraction of the property. From there, the property can be turned into a museum. Idea #2: Instead of turning the house into a museum, turn into a great Airbnb. Obama’s Hawaii house (the Plantation Estate) rents for $6k a night or $180k a month. You have to make it the dream “man cave”/sports fan getaway. Make it an alternative to Vegas for bachelor’s parties. Fill the house with Jordan memorabilia, and make it an incredible experience for fans to come to. Famous homes: There's a precedent for taking famous homes and turning them into museums.  Graceland: Elvis’ former home receives 600k visitors each paying ~$30 Painted Ladies: Painted Ladies and “Full House” house are mainstay attractions. “Full House” house sold for a premium above market price.  Counter: Sam is sceptical of crowdfunding on Rally Road because of the difficulty in liquidating. Shaan counters by saying fractional ownership makes liquidity less of an issue. Also many aren’t concerned about selling. Would rather wait and hold. Big League Advance BLA: Offers cash to minor league baseball players with the promise of making money if the baseball player hits it big. Fernando Tatis Jr: Took cash when he was in the minors from BLA, but now has to pay out ~$30m after signing a $300m+ deal Opportunity: Baseball is the easiest to model, but the NBA presents a great opportunity because of guaranteed contracts. If a player gets a $100m, 5 year deal, you can offer them $80m upfront for the contract. Instead of  Counter: This is a risky business. The business only works if you can model properly and get big hits to cover the losses. Startup studio Instead of investing in companies or starting just one company, startup studios invest and incubate several businesses at once. Shaan: Historically very tough and didn’t work. Garret Camp, Mark Pincus, Kevin Rose, and Michael Birch (Monkey Inferno where Shaan worked) all had studios which had no big winners. Successful studios: The tides may be shifting as a few studios have begun getting hits. Thrive Capital by Josh Kushner (Oscar), Atomic by Jack Abraham (Hims), Prehype (Barkbox and Ro) Atomic: Only works at one project at a time and the team has 9 months to raise a series A or else may be out of a job. Also focused more on B2B than consumer. eFounders: European studio that only does SaaS. They’ve been able to make the model successful Kevin Ryan: Part of DoubleClick when it was sold. Made about $20m and created AlleyCorp which incubated companies like MongoDB, Business Insider, Zola and Guilt. Good: It’s a dream job because you work on multiple ideas. Unlike a traditional startup, when failure happens you can just move onto a new project as a team Bad: For a startup to work, you need laser focus. Often what happens, when a startup hits a plateau, you can pivot to an area that’s working. At studios, the team is more inclined to move onto another project altogether. No do-or-die, back-to-the-wall mentality as with startups. --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)
Mar 05, 2021
#157 - Instagram Food Drops Making $200k a Week, Chrome Extensions That are Crushing It & Open Salaries
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MFM #157 Rewarding hustle: MFM is hiring two kids to do video production because they took the job without permission. They heard Sam complain about needing a recording studio and offered to do the work https://twitter.com/DylanJardon/status/1366274333858017282?s=20.  This is how you get the job you want. Don’t send a resume. Do the work instead. Don’t ask for permission. Food topics The food companies of Instagram: Companies mycookiedealer.com, 1-900-Ice-Cream, and Allie’s Banana Bread are crushing it on IG with food drops that sell out in seconds. Why it’s big: These work because it’s at the intersection of many trends: cloud kitchens (no need for expensive restaurant infrastructure), DTC (no need to get costly distribution deals and shelf space) and have virality baked into them. My Cookie Dealer is estimated to be doing $200k per weekly drop. This is a potential $10m business today. Formula: Sam breaks down how these companies are going viral, and how you can copy. Make a side ingredient the main thing (cheese, cookie dough) Make it in an unusual color (rainbow bagel, rainbow kettle cork, green ketchup, cloud bread) Make it huge (huge sundae, massive pizza cookie, sushi-rito, massive KitKat) Frankenfood: combine two different foods (cronut, pancake cereal, donut cereal, cream cheese, bell pepper, desert burger, ramen burger, spaghetti donuts, fairy bread) Food allergy or remove stuff from it (vega ice cream, Banza) Make junk food or simple food ultra-fancy (tater tots, mozzarella sticks) https://www.youtube.com/watch?v=2IFYt20QON8  Tiller money Spreadsheet plugins: The guys have talked Chrome plugins and browser extensions in the past, but an overlooked niche is spreadsheet plugins. Plugins are great businesses because they are sticky and capitalize on an existing platform and user base. They can be light, simple tools that can gain huge adoption quickly.  Tiller Money (https://www.tillerhq.com/): Personal finance nerd Sam loves the simplicity of this plugin. Most people already manage their money on a spreadsheet, Tiller Money just makes it easier to do so. Supermetrics (https://supermetrics.com/): Marketing data plugin Sam uses. He predicts the business does 8-figures in revenue. Open salaries Open salaries: Should companies publish employee salaries? Open salary data is becoming a legal requirement, starting with 🍃 Colorado: "From 2021 employers must disclose pay rates or ranges in job postings for jobs that could be worked in Colorado (including remote)" Source Open salaries is part of the culture of some companies. Buffer used it as a growth hack. The company continues to publish a lot of it’s financials and all employee salaries. Companies doing it now: Glassdoor shows average and anonymous salaries but can be inaccurate They were acquired for $1.2B in 2018. At the time did $170m in revenue with 700 employees  Founded by Rich Barton (we’ve spoken about him a few times before). Famous for saying “Information wants to be free”. Started Zillow, Expedia, and Glassdoor off this principle. Levels.fyi: A helpful guide to understanding what employees at top tech firms should be making. They even help you negotiate a salary.  Take: Open salaries tend to benefit employees (more transparency means higher, more equal pay) and is more detrimental to employers. Apple stopped doing it. Buffer has also said it’s not helpful anymore and was only good for initial growth. Pat Flynn published his income for several years, but eventually stopped as he started getting hate.  --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)
Mar 03, 2021
#156 - David Segal Talks Building a 9-Figure Tea Business, Decommoditizing Boring Products & The Future of Retail
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Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and David Segal (@_davidsegal) discuss: David’s background - At 26, David teams up with his 70-something-year-old cousin, Herschel Segal, to start DAVIDsTEA. - Herschel had made his fortune in Canada’s fashion industry. Previously Davis was helping his Herschel make small investments. Together they saw an opportunity to grow a tea brand, where David led and Herschel invested - He made his first million when a Boston PE firm (Highland Capital) made an investment in DAVIDsTEA. - When the company went public it was doing $30m in EBITDA. He didn't want to sell shares at the time, but needed to in order to make the IPO big enough. He eventually left the business and sold his shares because of management issues. He sold at an average of $14 a share. - Today he runs a few businesses. One of which is a restaurant where he is trying to mix the best of ghost kitchens with a sitdown restaurant - David is currently trying to get back in the tea game. He sees an opportunity to make tea good, and cool again. Tea penetration is tiny in NA, so there is a lot of room to grow. - With his new brand he wants to do DTC business by keeping tea simple, but widening its appeal. - Previous to DAVIDsTEA, he ran a software business. It was essentially an abandoned cart business but for real life. Brainstorm - Idea: good video for online meetings is like what a nice Italian suit was in the 80s. It shows professionalism and class. Sam mentions he is willing to pay thousands to have someone create a turnkey video conference setup for him. He thinks this could be a great business opportunity. - Made Renovation (https://www.maderenovation.com/ founded by Roger Dickey) offers turnkey bathrooms. The idea is clients can select from a limited amount of pre-selected styles. Shaan suggests applying this same idea to video conferencing setups. - Idea: Uber for contractors. David suggests it’s hard finding reliable contractors, and there may be space for a company that can help organize the market better. - Modsy: For $500 per room, Modsy provides an on-demand interior designer. They will create a layout and make suggestions for furniture to use. - The guys discuss several “experts on-demand” companies. Companies like Intro.co, GLGinsights.com, Clarity.fm & Officehours.com all do similar things in different ways: connect users with experts on a variety of topics. - Idea: Decommoditizing everyday stuff. By taking an everyday item and adding a unique element to it, you can charge more and differentiate an otherwise commodity. David brings up Duraflame. Duraflame is a fast lighting fire log. The company does 9 figures in revenue but hasn’t been innovated upon in years. Homesick Candles successfully innovated on candles by adding regional scents and creating a differentiated product. Eric Ryan built his career doing this with Method, Olly, and Welly. - Idea: Firelogs with scents. Decommoditizing a boring product like fire logs with a viral and catchy twist. - Idea: “...For dummies 2.0”. The “...For Dummies” were a popular series of books educating anyone on any topic. Both David and Shaan are bullish on doing the same for complex modern topics like blockchain or NFT. But doing so through viral videos. - Idea: Using stores as showrooms. David nearly started a company just like this. It’s a massive opportunity for whoever can figure out how to make use of retail space in a way that makes sense in the ecom age. A company doing this is b8ta. - Smart Center: David mentions Smart Center and other REITS have been big winners during the pandemic, by converting abandoned retail space into apartments, senior living etc. - WGSN (https://www.wgsn.com/en/): A subscription service that helps businesses understand the biggest trends in just about every sector.  See
Feb 26, 2021
#155 - NFTs Explained: How Digital Art Is Being Sold For Millions and What the Opportunities Are
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Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: Negotiation as a Service (NaaS) - The guys talk about (and maybe invent) a new category of business: negotiations as a service. The idea here is that there are certain big ticket items where a professional can negotiate a better price for the end consumer. - Incentives matter, however. For a Realtor, getting a client a better deal isn’t always in their best interest. A better model: the negotiator gets a designated percentage if they are able to negotiate below a set price. - Idea: Applying a better incentive model to real estate or home financing. Paying a skilled negotiator a fee for reducing your interest rate can result in thousands being saved annually. - Idea: Salary negotiations for both employee and employer. NFTs - NFTs, or non-fungible tokens, are unique crypto tokens. Unlike say, Bitcoin, they aren’t mutually interchangeable -- each token is unique. In other words, NFTs are collectible. - NFTs have exploded in recent months. One site, https://cryptoslam.io/ (also https://defipulse.com/), tracks the daily transactions of different NFT. The top NFT, NBA Top Shots, does $46m worth of digital art transactions daily. - Shaan 10xd his money on the following piece in a matter of days. https://niftygateway.com/itemdetail/secondary/0x8ae06a29a816580cbd069e460dd57c6c964bb3da/7500010105. - This piece alone https://cryptoslam.io/cryptopunks/mint/6487 sold for over $1m. - Artists like Eminem and shows like Rick and Morty are created pieces of content that’ll be sold as NFTs. - Logan Paul made $3.5m in one day selling nfts https://beincrypto.com/logan-paul-raises-3-5-million-in-one-day-from-nft-sales/. - Opportunity: When a goldrush is happening, sell shovels. Shaan and Sam think the shovels here are displays. People are buying NFTs, they are going to want to display them. The options at the moment are frames like https://infiniteobjects.com/ and https://www.netgear.com/home/digital-art-canvas/. On the pod Shaan estimates you can sell 300-400 frames and easily generate $5m in a month. - https://opensea.io/: Another marketplace for NFTs. This is the eBay of NFTs CoinMarketCap - CoinMarketCap is a displayed of crypto prices. It's a simple idea that has been working. - When they delisted South Korean cryptos without warning on Jan. 7th, the move wiped out $100 billion of total crypto asset market value. - They were acquired for a rumored $400 million. The company only had 36 employees. Check out today's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Feb 24, 2021
MFM x Trends - Ryan Hoover of Product Hunt Breaks Down the Biggest Opportunities He Sees
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In today's episode Sam Parr (@theSamParr) interviews Ryan Hoover (@rrhoover). Ryan has seen thousands of companies launch since founding Product Hunt in 2014. He shares dozens of places that he sees opportunities, including several of his own investments. Listen to the rest of the episode at http://trends.co/.  See acast.com/privacy for privacy and opt-out information.
Feb 22, 2021
#154 - Making Millions Anonymously, How Pornstars Clean Search Results, & What is Gayburgers?
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Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: - Investing like a $16B dollar fund - The guys who built multi-million dollar businesses anonymously - A genius company manipulating web results - The big opportunities in privacy - The hack Sam used to grow The Hustle when they were small - The company archiving family stories - Who is Lex Friedman? - Shaan reads a mean tweet - What is Gayburgers? Check out today's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Feb 19, 2021
#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
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Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Kieran Flanagan (@searchbrat) discuss: - Crafting the perfect cold email to catch Sam's attention. - The grueling process of selling a company and how to do it right - The best advice on how to negotiate correctly (silence is your friend). - How the D.E.N.N.I.S system can help you sell a company. - Why every deal needs a "deal dual". - What it feels like to be rich? Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Feb 12, 2021
#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
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Sam Parr (@TheSamParr) and Trung Phan (@TrungTPhan) discuss: - How the HubSpot/The Hustle deal came about? - Why did Sam decide to sell? - What will be Sam's biggest purchase now that he's sold? - What will change with The Hustle and MFM going forward? - Trung brings some massive opportunities: financial engineering for good, improving the lives of prisoners and the big potential of paid Twitter Articles mentioned: - https://thehustle.co/he-was-facing-life-in-prison-now-hes-the-ceo-of-the-instagram-for-the-incarcerated/ - https://thehustle.co/how-one-man-went-from-a-life-prison-sentence-to-a-100k-engineering-job/ Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Feb 10, 2021
#151 - How To Go Viral, Grow Your Following & Tons of Ideas with Lambda School's Trevor McKendrick
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Shaan Puri (@ShaanVP), and Trevor McKendrick (@TrevMcKendrick) discuss: Shaan's newsletter: shaanpuri.com The brainstorm session: - 2:14: Headshots are our avatars in the digital world: why do most suck? There might be an opportunity to fix this - 7:02: The startup doing handwritten mail at scale - 9:44: How to shadow successful people. Can this be productized? - 13:50: The opportunity to disrupt meetings. - 17:44: Why Shaan is bullish on catering to doctors - 19:35: Turning your life into a video game: working in public to achieve missions - 24:20: A viral “who do write like” quiz - 27:38: How to revolutionize working with lawyers - 29:50: Lambda School for executive assistants - 33:00: Trevor's journey to becoming a Chief-of-Staff Trevor begins interviewing Shaan: - 36:40: How did Shaan finally begin getting in shape? - 42:00: What’s inspired Shaan to grow his following? - 47:37: How is Shaan so good at persuasion? - 55:45: Which of your portfolio companies are you most excited about? Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Feb 05, 2021
#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
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Shaan Puri (@ShaanVP), Sam Parr (@theSamParr), and Jason Calacanis (@jason) discuss: - The reason Jason gambles and how much he has made over the years - How Jason made the transition from being a journalist to being an investor - How Jason became an investor in Robinhood - Why Substack and tech media may be doomed - The big opportunities in paid communities - Why Jason predicts ISAs and travel startups are going to boom Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Feb 03, 2021
#149 - The Craziness of r/WallStreetBets, an $100k Bet, and Startup Ideas with Mercury Banks Founder
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Shaan Puri (@ShaanVP), Sam Parr (@theSamParr), and Immad Akhund (@immad) discuss: - How Shaan 3x his Twitter following in 2 months - The wild r/WallStreetBets trades and Shaan's $100k bet - Immad brings his ideas: a new CRM, startups catering to the creator economy, and "Clubhouse for business" - The future of Substack and it's competitors - The big potential of white labeling lending platforms Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 29, 2021
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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Shaan Puri (@ShaanVP), Sam Parr (@theSamParr), and Jack Smith (@_jacksmith) discuss: - Balaji Srinivasan on why people will have to hide their real identities in the future - How Silkroad was actually a well-run company while co-workers remained anonymous (American Kingpin) - The crazy story of the founder of Silkroad ordering killings on his co-workers - Taboola's billion-dollar payday - Clubhouse just raised at $1B -- but are its best days behind it? - How Wall Street Bets is beating Wall Street - How Grayscale is printing money with GBTC - Why a VC firm (Andreessen Horowitz) is entering the media game Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 27, 2021
#147 - How Sam Hacked Amazon's Book Rankings, A $600m Exit, And Crypto with Brother Aaaron
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Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) discuss: - Sam explains the origins of the QAnon movement - Could buying collectibles from infamous people work? - Romance stories are big business: Sam almost launched a company in the space (https://www.shortbutromantic.com/daily-story) - Wattpad which started as a romance novel community was sold for $600m recently - Sam explains how he hacked Amazon's book rankings for his novel "Captivating Clare" - Sam brings up pickleball (a booming sport in Austin) -- Shaan points out, there are always opportunities when new sports are created - Aaron Barrera (@TheGrinchofAS) joins Shaan to go down the rabbit hole of crypto and more Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 22, 2021
#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
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Shaan Puri (@ShaanVP) and Suleman "Suli" Ali (@sulemanali) discuss: - Creating a reputation database for people - Voluntarily selling your data to companies - Dealing with scammers - Creating a publically available org chart - A new religion that celebrates life instead of death and the new in-vogue churches - Sharing assets among friends. Example: together.casa - Creating the “Stripe for vices” - Suli answers: How would you make a million bucks quickly? If you look at your calendar for the past 30 days, who was the most interesting person or company you met with? Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 20, 2021
#145 with Reed Duchscher - MrBeast's Manager Joins the Brainstorm
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Who is Reed Duchscher - How does managing a YouTuber work - Who is MrBeast and how he got so big - Creating empires with celebrities and influencers - What is a "Personal Media Company" - How much did MrBeast Burgers make? - What're the biggest opportunities in management right now? - Why you get into the management business (the access) - What should MrBeast be doing right nowInfluencers in unorthodox spaces - Influencers ran banks - Faceless creators are booming - Shaan thinks Influencers should get into the sleep business Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 15, 2021
#144 - Shaan's Giving Away A Company, A Mysterious, Anonymous New App and The Most Gimmicky Marketing Thing The Guys Have Done
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MFM Apex: https://joinapex.com/i/pwr8nk Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - DTC smelling salts? - A mysterious, anonymous new app - Should you hide your real opinions? - The amazing story of Katalin Kariko - Should you focus on legacy or fun? - MFM embraces the banter - Shaan's giving away a company - The world of affiliates links and adtech - Improving ad managers and the origin story of Wish - Jacked techies - What's the most gimmicky thing you've ever done? Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 13, 2021
#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Is Sam Parr Time Person of the Year? - Jeremy introduces himself - Idea: subscription box for bread (and the millions in subscription boxes) - The big business of selling to middle America (aspirational branding) - Boring DTC products that crush it - Ideas for niche software (ex: trust fund SaaS) - Huge homeschooling opportunities - Millions to be made creating products for influencers - How one guy took a local brand national - Why cold chain storage is booming Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 08, 2021
#142 - Digital Meet and Greets, A Little Known $30m Empire, And Shaan's Twitter Controversy
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 02:52: A home security idea - 06:02: Wynter.io and other powerful simple plugins - 15:24: Kevin Systrom's and Mark Zuckerburg's transcripts from the Instagram acquisition - 22:01: Shaan discusses his controversial Tweet - 40:21: A digital meet and greet idea - 47:15: Syed Balkhi - The little known entrepreneur with a ~$30m empire Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.
Jan 06, 2021
#141 - The 2020 MFM Award Show (with Andrew Wilkinson)
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Shaan Puri (@ShaanVP), Sam Parr (@TheSamParr) and Andrew Wilkinson (@awilkinson) wrap up 2020 by awarding and highlighting the best moments in the business world, the MFM podcast and their personal lives. The guys also make some fun predictions for what's to come in 2021. This is the first annual MFM Millies. Enjoy! - (2:20-9:01) Billy of the Year - (9:02-14:10) Breakout Company of the Year - (14:10-20:40) Under the Radar Company of the Year - (20:41-28:40) Favorite Person of the Year (non-family) - (28:41-32:10) Favorite Tool of The Year - (32:11-44:10) Best Investment of The Year - (44:11-46:43) Best Bet for 2021 - (46:44-53:50) What prediction did you get wrong in 2020 - (53:51-56:29) What person would you want to invest in? - (56:29-1:00:00) Wildest predictions for 2021 - (1:00:18-1:01:02) Which big company will be acquired in 2021? - (1:01:03-1:05:47) Best MFM Idea of the Year - (1:05:48-1:07:20) Best MFM Guest of the Year - (1:07:21-1:12:02) Worst MFM Idea of the Year - (1:12:03-1:15:34) Best MFM Moment of the Year - (1:15:35-1:19:10) Favorite Project of the Year - (1:19:11-1:28:03) Industries to Watch in 2021? - (1:28:04-1:35:05) Most Overrated Company/Trend of the Year - (1:35:06-1:35:48) Fuck/Murder/Marry - SF, Austin, Miami - (1:35:49-1:38:10) Favorite new podcast/newsletter/Twitter follow of the Year - (1:38:11-1:39:27) Favorite Book of the Year - (1:39:28-1:42:07) Best/Worst Habit of the Year - (1:42:08-1:44:13) Pleasant Surprise of Quarantine - (1:44:14-1:48:27) Best Purchase Under/Over $100 - (1:48:27-1:50:28) A lesson you learned about yourself in 2020 - (1:50:28-1:53:04) Best Relationship Hack of the Year - (1:53:05-1:56:40) Resolution for 2021 Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 30, 2020
#140 - How Much Do VCs Make?, A Booming Startup Replacing Fridges, and A Board Game Making $5m A Month
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 06:05 A booming grocery delivery startup, Fridge No More - 12:00 The "Ukranian Tik-Tok", Coub - 13:01 The $4b startup you haven't heard of: GoPuff - 21:09 A board game doing $5m a month: Hunt A Killer - 23:20 The booming audience for “true crime” content - 25:48 Shaan went on Wheel of Fortune? - 30:08 Converting old shows into podcasts - 30:30 Multi-platform shows - 31:11 Shaan’s most interesting angel investments - 32:40 “The JIO effect” - 44:15 How much angels and VCs make Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 25, 2020
#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 00:30 Is it better to rent and invest your money elsewhere? - 05:32 Penny Hoarder acquired for over $100m - 09:20 MrBeast Burger and clout kitchens - 17:01 Guthy-Renker and the lucrative world of direct-mail - 20:57 Will mom and pop restaurants become cloud kitchens? - 25:25 The guys chat Martin Shkreli stories - 38:13 Elon Musk buying $100B in Bitcoin? - 42:44 Shaan discusses ending his newsletter - 47:47 The guys discuss how they track their finances Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 23, 2020
#138 - How A Big Bitcoin Bet Paid Off, How To Best Learn From Billionaires, And Should Engineers Have Managers?
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: 5:53 Dan Gilbert owns the Cavs...and a lot more 11:48 How Dan Snyder made his billions 13:40 How to pounce on new opportunities 20:20 MicroStartegy's big bet into bitcoin 29:00 The right way to learn from billionaires 34:24 The big business of lawn care and pest control 40:08 A company licensed GPT-3 - three months later they make $20k/month 42:03 Manager's for engineers? 46:58 How big companies work vs startups Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 18, 2020
#137 - The Aftermath of The Combine Idea, The Next Trillion Dollar Industry, Crypto Art Selling For Millions
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - (16:45-27:40) Shaan's $10m/yr idea: combine for young athletes - (27:40-33:10) What small markets today will be worth trillions in the future? - (33:10-35:55) Shaan becomes a minor celebrity within the bitcoin community - (35:56-46:00) More industries that may soon boom - (46:00-47:35) Talking cool company names - (47:35-52:45) The business of talking about TV shows - (53:15-57:20) Cameo-style businesses - (57:20-1:02:05) The massive business of OnlyFans - (1:02:06-1:08:48) Why the Nelk Boys are exploding Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 16, 2020
#136 with Jack Smith - Trading Cards and Collectables: A Deep Dive Into The Opportunities In The Space
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by Jack Smith (@_jacksmith). They discuss: - (0:59) Introduction to Jack Smith - (7:04) Jack introduces the world of collectible card investing - (14:40) What is Rally Rd - (23:29) How to make money lending against trading cards - (32:52) Collecting NBA moments? - (37:00) The opportunities in trading cards - (47:00) The massive size of eBay's collectible business - (49:00) Shaan hears from a sketchy entrepreneur and they discuss cards as ETF Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 11, 2020
#135 with Rahul Vohra (Superhuman Founder) - Why He Started Superhuman and The Ideas He'd Like To See Built
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by Superhuman's Rahul Vohra (@rahulvohra). They discuss: - Rahul's first startup, Rapportive - Rahul explain what it's like to work with Marc Andreesen - Will Superhuman go public? - Why doesn't Google crush Superhuman? - Rahul describes when the idea to create Superhuman struck him - Shaan asks, what're the best "Superhuman for X" ideas - How Rahul stays calm and manages time - What startups are Rahul investing in? - Rahul's startup ideas Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 09, 2020
MFM x Trends - How Johnny Boufarhat Took Hopin from 0 to $1b+ in Less Than A Year
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Sam interviews Johnny Boufarhat about scaling Hoping to rapid unicorn status.They discuss how being a fully remote team impacted their ability to move fast, how they're hiring hundreds of people, and the future of the events industry.  See acast.com/privacy for privacy and opt-out information.
Dec 08, 2020
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Shaan and Sam catch up and talk about the interesting and strange ways that the podcast have affected their lives (3:00) - Sam breaks down interesting writing tools and questions why they are so successful (6:30) - Shaan explains why building businesses on the internet is a “winner-takes-all” game (9:55) - Shaan tells Sam about his new One Big Thing Chrome extension (18:00) - Sam learns from the AppSumo model (23:00) - Sam and Shaan talk about how certain financial situations are hard to digest mentally (27:10) - Shaan talks about being a “time billionaire” (33:05) - Shaan has an interesting revelation on what it’s like to be an angel investor (44:40) - Why Bitcoin is different this time (52:43) Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 04, 2020
#133 - Sam's Black Friday Email Results, Lean Media Businesses That Make Millions, and Celebrity Death Match for Tik-Tok
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - The Black Friday email Sam sent out - The controversies surrounding Drudge Report - Creating low-brow media companies like Media Takeout - The TV production business and Dave Chappelle's request to Netflix - Bringing back Celebrity Death Match for Tik-Tok? Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Dec 02, 2020
#132 - A Simple Email Hack That Generated Millions, The World's Cheapest Billionaire, and A Simple Startup Idea No One Has Done
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - The crazy story of J. Paul Getty (Billy of The Week) - The importance of acting the part and story telling in creating your personal brand - What do all successful people have in common? Can you not be intense and be successful? - Who will win the self-driving wars? - Elon Musk is polarizing -- is he always right? The story of how he got kicked out of PayPal - An incredible Brooklinen Black Friday sales hack - Why has no one created the landing page for ecomm? - AI generated stock photos is a million dollar idea Reference links: - How to Be Rich by J. Paul Getty https://www.amazon.com/How-Be-Rich-Paul-Getty/dp/0515087378 - How to Get Rich by Felix Dennis https://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp/1591842719 - The PayPal Wars https://www.amazon.com/PayPal-Wars-Battles-Media-Planet/dp/1936488590 - Kyle Vogt video https://www.youtube.com/watch?v=sliYTyRpRB8 - 3D images marketplace https://sketchfab.com/ Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 27, 2020
#131 - The Companies We Would Buy and Fix and A Multi-Million Dollar Rapper Snack Business
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Shaan finds Internet gold in the Twitter replies from followers of Chamath (1:45) - Sam explains why Casper mattress company should be in the midwest instead of Brooklyn (3:35) - Sam thinks one company that is ripe for innovation is Subway (5:25) - the guys talk about why Western Union should switch to Crypto and modernize (7:10) - Shaan thinks CVS is another candidate ripe for modernization (12:30) - Shaan explains why Tootsie Roll should go viral (15:45) - Sam and Shaan wonder why new candy bars don’t exist (22:15) - Shaan breaks down a blog post called “Nine Charts About Why Bitcoin is Different This Time” and on if there’s substance behind Bitcoin’s recent rise (30:25) - Shaan pitches a “collaborative search engine” idea that he’s calling Figma for Browsers (36:10) - Could “Substack for video” be a thing? (42:00) - the guys find an interesting bootstrapper online named Jakob Greenfeld (44:35) Reference links: - Chamath's tweet https://twitter.com/chamath/status/1329578886556839936 - Shinola https://www.shinola.com/ - Gumspy https://gumspy.com/ - Rap Snacks http://www.rapsnacks.net/ - Rokfin https://rokfin.com/ - Why Bitcoin is different this time https://cointelegraph.com/news/this-time-is-different-10-bitcoin-charts-show-that-this-rally-isn-t-like-2017 Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 25, 2020
#130 - How Solopreneurs are Making $1m+, Why Lists Suck, and The 5 Minute City
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host today's podcast. They discuss: - Shaan and his fund were featured in Business Insider - The guys talk about the business of "list making" - Shaan explains his reasoning for shutting down his All Access Pass newsletter - There is a movement towards "5-minute" cities and communities. Culdasac is a startup doing this - What is "solopreneurship"? And why is Shaan so bullish on it - Tiago Forte is building tiny homes - The guys discuss startups doing handwritten notes such as Addressable Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Companies mentioned: - Shaan featured in BI https://www.businessinsider.com/this-vc-has-over-100-lps-on-the-waitlist-for-his-hot-new-rolling-fund-2020-11 - Sam's "city guides" https://chicago.curbed.com/2014/4/23/10110584/this-week-in-chicago-neighborhood-stereotyping - Culdasac https://culdesac.com/ - Tiago Fortes' tiny homes https://twitter.com/fortelabs/status/1325969162083004418 and https://www.forteshelter.com/about - Addressable https://www.addressablemail.com/ Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 20, 2020
#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key Company Making Millions From Politics
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host today's podcast. They discuss: - The business of spy gear and home security - The importance of leverage in business, which business models are best and taking zero market fit risk - A company profiting by saving the planet - Is Elon Musk the greatest dropshipper of all time? - Parler is creating a free speech Twitter with the backing of conservative billionaires - How WinRed is raising millions for the Republican Party and profiting - Quindl, the Pinduoduo for India and who will build America's Pinduoduo Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Companies mentioned: - https://www.spyguy.com/ - https://www.deepsentinel.com/ - https://parler.com/auth/access - https://winred.com/ Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 18, 2020
MFM x Trends - The Fundamentals of a ~$60m Newsletter Exit With Ryan Begelman
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Sam interviews Ryan Begelman about exactly how he has operationalized multiple successful businesses, including BizNow (which sold for $60m in cash, doing $20m in revenue and $6m in profit) and Summit Series (where they literally bought a mountain). Sam and Ryan talk about everything from hiring and onboarding talent, how to filter people for high intelligence, how to structure tests, how much to pay recruiters, and more. To listen to the full episode, head over to trends.co for your $1 trial. You'll get access to future bonus episodes plus our weekly Trends reports, access to a community of entrepreneurs and a lot more!  See acast.com/privacy for privacy and opt-out information.
Nov 17, 2020
#128 - Open Startups, A Mysterious Bag Lady, and Gamifying Facebook Ads
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host the podcast together today with no guest. In today’s episode you’ll hear: An update on Sam’s whereabouts and how he ended up buying a house in Austin (0:30), Shaan pitches an idea about “Class Pass for Billionaire’s Houses” (5:30), the best ad read in the history of MFM and how to growth hack your ads (11:00), Sam and Shaan talk about the pros and cons of a business like Baremetrics (14:25), Shaan contemplates publishing his total financial snapshot over the past year (20:35), Shaan pitches an idea on a Shopify app that connects all DTC brands (26:40), how Italic made smart deals with luxury Chinese suppliers (37:45), Sam and Shaan think someone should gamify a Facebook Ad learning program (42:37), Why Mario Level One is genius (51:27). Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Companies mentioned: - Simon's Escapes: https://www.simonescapes.com/ - Inspirato: https://www.inspirato.com/ - Sponstayneous: https://www.sponstayneous.com/ - List of open startups: https://openstartuplist.com/ - Coop Commerce: https://www.coopcommerce.com/ - The Fascination: https://thefascination.com/ - B8ta: https://b8ta.com/ - Italic: https://italic.com/ - The genius of the first level of Mario: https://www.youtube.com/watch?v=zRGRJRUWafY Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 13, 2020
#127 with Nick Huber - Building a $10m Self-Storage Business and the Opportunities in "Sweaty Startups"
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host the podcast today with special guest Nick Huber (@sweatystartup), self-storage investor. In today’s episode you’ll hear: Nick’s background and how he started his real estate empire (1:25), Shaan asks Nick to summarize how someone makes money in real estate (6:55), Nick explains how he gets deals (13:00), Nick shares how he bootstrapped his business from his dorm room (17:30), Nick tells the story of telling his dad he was starting a moving company when graduating from an Ivey League school (27:00), Sam makes an observations about people from India owning a lot of hotels (36:00), Nick gives some other “low tech” personal services ripe for innovation (43:00). Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 11, 2020
MFM x Trends - How Jack Butcher Used Twitter to Generate $1m in 18 months (From Scratch)
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Jack Butcher talks about how he's built up Visualize Value and "Build Once, Sell Twice", where he's productized his services. Sam and Jack talk about scaling to $1m in revenue in 18 months, plus other opportunities that Jack sees for content creators, how he runs his course, the economics of agencies, and more. To listen to the full episode, head over to trends.co for your $1 trial. You'll get access to future bonus episodes plus our weekly Trends reports, access to a community of entrepreneurs and a lot more!  See acast.com/privacy for privacy and opt-out information.
Nov 09, 2020
#126 - A Nonexistant Influencer Pulling in Over $10m and The Big Opportunities With Hyperlocal Franchises
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - How do you make podcast ads better? - Shaan and Sam discuss the election and the myths around it. - Ideas around improving live consumption of events. - Sam shares his excitement around Replika (https://replika.ai/) and its implications for the future of relationships. - Shaan brings up Lil Miquela, a non-existing influencer pulling in over $11m. - Can other industries piggyback off the success of RigUp? - The guys discuss the creation of local service franchises that require little upfront capital: Nana and the new Geeksquad. Thank you to our partners this episode: Podium! Podium is an all-in-one SaaS tool that helps your business get reviews. Go to podium.com/mfm for 20% off and a $150 Amazon gift card. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 06, 2020
#125 - What is the Buy, Borrow, Die Process?
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Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host the podcast today with a special guest Aaron, Shaan’s brother-in-law. Shaan’s brother-in-law Aaron joins the podcast and gives some hot takes on “tech-bros” (1:13), Aaron breaks down the “Buy, Borrow, Die” method to avoid paying taxes (3:20), Sam breaks down how he lived in San Francisco when he had no money (17:45), Shaan and Sam talk about the “buy nothing” lifestyle and Buy Nothing Project, a big player in that space (29:32), Sam and Shaan go deep on recycling and how little is actually put back to use (34:35), Shaan explains an AI product that replaces mundane medical care tasks and how boring businesses can make a ton of cash (37:20), the guys kick around important people and how to create a vision for your own life (43:30). Thank you to our partners this episode: Podium! Podium is an all-in-one SaaS tool that helps your business get reviews. Go to podium.com/mfm for 20% off and a $150 Amazon gift card. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 04, 2020
#124 - From Fantasy Stock Betting to Milk Bombs: Generating Ideas with Elaine Zelby
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Shaan Puri (@ShaanVP) hosts the pod solo with special guest Elaine Zelby (@ezelby). Elaine has a background in mechanical engineering but also worked at Slack and is now part of a VC group. On today’s episode you’ll hear: Elaine gives her background and how she came into the VC space (1:45), Elaine breaks down a new twist on cowering. Something she calls “Coworking 2.0” (3:35), Shaan pitches a new way to use nightclubs during their ofttimes (9:20), Elaine has a fresh take on credit cards for fans (12:20), Elaine explains why she is bullish on continuous cortisol monitoring (20:35), Elaine and Shaan brainstorm a fun take on “stock betting” (26:20), Elaine and Shaan go really deep on functional milks (32:50), How to automate re-zoning and permitting for real estate (40:14), Shaan breaks down a recent pitch he received of app-dating with only audio (47:40). Thank you to our partners this episode: Podium! Podium is an all-in-one SaaS tool that helps your business get reviews. Go to podium.com/mfm for 20% off and a $150 Amazon gift card. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 30, 2020
#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: How Card my Yard just might one of the best COVID-related franchises (2:10) Why Amazon logistics franchises and delivery routes are slowly becoming franchise powerhouses (5:20), Sam tells the story of his mother-in-law turned entrepreneur (11:45), Shaan and Sam talk about @visualizevalue and weigh the merits of being a solo-preneur vs. starting a world-changing technology (17:22) Shaan describes the “Zone of Genuis” and how to find it (30:30), the guys guess what their monthly burn should be to live the way they want (38:00), Shaan tells a story of how he accidentally convinced his wife to quit her consulting job to follow her passion (44:00), Sam talks about how to build an audience in-person (48:20), Sam pulls up his list of companies that he was looking to apply at 8 years ago (53:45), the two guys talk about the genius and wisdom of MMA fighter Khabib Nurmagomedov (59:00). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 28, 2020
#122 - Not Getting These Jobs Cost Us Millions
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Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: Escape your city with new modular homes (4:20), Cerro Gordo was a ghost town in California sold for $1.2M (10:45) how to make channel/market fit by learning from TikTok (14:45), Shaan introduces an new twist on the stock market (17:00), Sam and Shaan reminisce on missed opportunities and how much money they would’ve made if things didn’t fall through (25:10), Shaan explains limited details on a very interesting opportunity that came to him in the past few days (38:37). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 23, 2020
#121 - So You Made $100m...Now What?
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Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: Sam and Shaan debate the merits and opportunities with Hopin and other digital event apps (7:25) How to make trade shows better with a lesson from Alibaba (14:10), Shaan explores a few different companies that are doing financial services for creators (31:00), Shaan and Sam riff on a hypothetical chrome extension to see what influencers are buying (34:25), how to “diverge and converge” for better brainstorming and design thinking (42:35), the guys try to come with answers for the existential question, if you already had all the money you’re working for, what would you do? (51:35). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 21, 2020
#120 - These Are the Frameworks Every Entreprenuer Should Learn
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This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Shaan Puri (@ShaanVP) aka the King of Frameworks shares his favorite ten frameworks: 1. Intro (1:38) 2. Your TO-Do List is Killing You (2:25) 3. How To Kickoff a Project (5:16) 4. Big Mario Marketing (8:41) 5. Getting Un-Stuck (11:40) 6. Having an Audience is Like Steroids (20:05) 7. All News is Good News (21:54) 8. Work Like a Lion (23:31) 9. Don’t Sell Saddles (24:47) 10. Cold Emailing to Close Sales (26:46) Get the PDF version with illustrations at www.shaanpuri.com. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 16, 2020
MFM x Trends: How to Hire a CEO to Run Your Company with Andrew Wilkinson
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The best business hack ever: Learn how to hire CEOs to run your company. This is a short preview of a special edition episode for Trends subscribers. In this ep, we talk to Andrew Wilkinson, founder of Tiny...a startup conglomerate that owns 20 different companies, each with their own CEO. This ep is for Trends members only but we wanted to give you a taste. For the full episode, along with eps like this, more research, and access to our community go to: https://trends.co/  See acast.com/privacy for privacy and opt-out information.
Oct 15, 2020
#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Josh Elman (@joshelman) on the pod today. Elman is a veteran of LinkedIn, Twitter, Facebook, and Robinhood to name a few. This guy knows Silicon Valley and growth better than anyone else. In today’s episode you’ll hear: Shaan asks Josh to give his background (1:00), Sam asks if it’s better to start your own thing or climb your way up in a tech startup (8:25), Elman answers the question “what technology or company has that 10x or 100x potential in the next few years (9:15), Josh explains the “meta-verse” or “the third place” and how AI will lead the way there (18:15), how the TV show Black Mirror has influenced tech (24:55), Elman unpacks his time at Stanford and the power of being around intelligent people and gives some stories on his early days at Unicorn companies (31:00), Sam puts Josh on the spot and asks him how he can 10x his own business (47:35), This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 14, 2020
#118 with Harley Finkelstein (Shopify's President) - Why You Should Drop Out Of School and Start a Shopify Store
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Harley Finkelstein (@harleyf) on the pod today. Harley is the COO of Shopify. In today’s episode you’ll hear: Sam and Harley share a hilarious but effective way to recruit senior employees (0:30), Harley gives his background and how he became the COO at Shopify (2:52), Shaan brings to light some interesting emails from the early investment rounds of Shopify (9:30), Harley shares some of the major things he’s seeing in retail during COVID (19:30), Sam asks Harley which companies he’s seen that can be successful on Shopify (30:00), Harley explains how Cardi-B can build a brand on Shopify (37:55), The guys kick around ideas related to Shopify Apps that don’t exist that should exist (45:30), Harley explains the future of retail as he sees it (53:45). This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 09, 2020
#117 Austen Allred - Lambda School's Founder Brings His Best Ideas
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Austen Allred (@Austen) on the pod today. Austen is the founder of Lambda School (@LambdaSchool). In today’s episode you’ll hear: Austen gives background on Lambda School and explains the challenges and opportunities in the education space (1:05) Shaan asks Austen to explain his rise from sleeping in a car in San Francisco to running Lambda School (14:00), Austen talks about how his Mormon mission prepared him for a life in business (20:28), Austen breaks down how colleges make money off of application fees (28:35), The guys talk about the big business of college entrance exams (36:35) Austen pitches his idea of increasing productivity at companies by reducing the slack from employees (47:20), the guys discuss the pros and cons of employee tracking software in the age of COVID and mass remote work (50:33), Shaan asks Austen to predict ways different “Lambda School’s for X” are going to grow into the future (58:00). Thank you to our sponsor Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 07, 2020
#116 with Kelly Erb - Tax Expert Breaks Down Trump Taxes and Big Businesses Ran by Few People
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Kelly Erb (@taxgirl) on the pod today. In today’s episode you’ll hear: Shaan introduces Kelly Erb and she gives her take on President Trump’s tax return (0:20), Shaan asks Kelly “what should business owners look at to minimize their own tax liability (10:30), Kelly gives some key tax points to focus on for business owners and how to think about expenses (16:05), Sam asks Kelly to explain QSBS for the listeners, Sam and Shaan riff on businesses that look big, but are actually operated by one or two people (32:30), Sam talks about what kind of guests he likes on the podcast (40:50), the guys talk about how involved a company should be in a political stand based on a letter from the Coinbase CEO (47:10). Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Oct 02, 2020
#115 - Selling An Erotic Newsletter and AI That Leaves Us Speechless
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) cohost the pod today. In today’s episode you’ll hear: Sam gives an update on his whereabouts (3:00), Sam and Shaan y’all about a new nursing shoe brand started by a former Nike employee (12:40), both guys brainstorm what other industries require standard clothing (18:55), Shaan talks about a podcast listener who sold his newsletter (23:20), Shaan and Sam kick around an idea of an app for a “leak proof” company all-hands meetings (28:05), Sam explains what Jeff Bezos did to create an internal newspaper when he bought the Washington Post (32:40), Shaan talks about using AI to write emails (36:10), Sam demonstrates some incredibly powerful technology from Open.ai and GPT3. - Oil worker marketplace https://www.rigup.com/ - Nursing shoes https://wearebala.com/ - Premium scrubs https://www.wearfigs.com/ - AI email composer https://compose.ai/ - AI video creator https://www.synthesia.io/ Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 30, 2020
#114 with Steph Smith - The Head of Trends Talks Insider Trading and The Gen-Z Mafia
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) invite Steph Smith (@stephsmithio) on the pod today. Stephen is an employee at The Hustle, world traveler and all around indie-hacker. In today’s episode you’ll hear: Shaan and Sam introduce Steph (0:40), Steph introduces a fresh idea around remote/WFH by tackling all of the needs of someone newly adjusting to WFH life (4:00), the group talked about unorthodox company perks (12:10), Sam and the group brainstorm around “What are the most interesting 1-3 person operations you’ve seen?” (16:30), Steph pitches an idea of becoming the agency for celebrities because most celebrities have terrible web presence (24:00), Steph’s third idea revolves around HIPAA compliant (or other compliance) services and creating first-mover advantages by tracking legislation (30:15), Steph introduces the guys to a reddit tool that allows you to mind map topics on Reddit (36:00), the group talks about the advantages of tracking insider trades (40:30), Sam talks about a company called FION which is building A technology platform that allows you to track and predict where wildfires will start and spread (46:00), Steph talks about hiring gen-zers to build corporate training material (50:00), Companies, people and resources mentioned: - Benefits company: https://www.compt.io/ - Benefits company: https://www.hoppier.com/ - https://twitter.com/chrisjbakke/status/1296107846472364033 - Live music discovery platform: https://www.keyvalues.com/ - Peter Levels @levelsio - Fastest growing Inc 5000 company: https://www.onetrust.com/ - Related subreddit tool: https://anvaka.github.io/sayit/?query= - Nuclear energy girl: https://twitter.com/isaboemeke - Gen Z Mafia https://genzmafia.com/ - https://www.songkick.com/ - Insider trading reporting: https://finviz.com/insidertrading.ashx - Wildfire tracker: fion.tech - Art school game: https://artsqool.cool/ Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 25, 2020
#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses
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(0:46) The guys break down Frank Slootman (Snowflake founder’s) Linkedin post, (7:45) Sam brings up Rocket Internet, a German company that clones mainstream startups in smaller geographic markets. They scale quickly and are formulaic, (8:30) Sam is fascinated by Danny Meyer, founder of Shake Shack among other places, (10:05) Shaan shares his story about the Melman’s and their empire, Lettuce Entertain You, (13:38) The guys discuss Hamdi Ulukaya the founder of Chobani, (17:50) The guy’s talk blue collar businesses, including Waste Management and its founder Wayne Huizenga, (19:30) The story of Rose Blumkin, founder of Nebraska Furniture Mart, (21:11) Shaan talks about his water problem and subscription water companies like ReadyRefresh and Culligan, (27:40) The Uber for evictions: Civvl, (31:26) The student debt market explained, (34:42) B2B vs consumer businesses Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.  See acast.com/privacy for privacy and opt-out information.
Sep 23, 2020
#112 - Why Buying Businesses Is Better Than Starting Them and The Mad Genius of Kanye West
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) shoot the wind on today’s pod. In today’s episode you’ll hear: Sam asks Shaan what he’s learned about working at a big company and what he can apply to a smaller company (0:30), Shaan asks Sam about a personnel shuffle at The Hustle (9:00), the guys talk about a Kanye West tweet where he wants to create Y-Combinator for music (11:30), Sam and Shaan debate if a great domain name can make you (22:15), Sam and Shaan talk about the Snowflake IPO (29:55), Shaan shares a crazy conversation with a 20-year old multi-millionaire (37:00), the guys share how they learn from beginners and why you should too (43:10), Shaan talks about Bubble Hotels (48:30). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 18, 2020
#111 - Sam Parr Returns: The Scheme King is Back
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Sam Parr (@theSamParr) is back with Shaan Puri (@ShaanVP) on the pod today after a leave of absence from the show. In today’s episode you’ll hear: Shaan and Sam talk about Sam’s medical condition and catch up generally (0:18), Sam asks Shaan for a recap on some of the episodes from while Sam was out and Shaan tells him about Kat Cole and her rise to corporate prominence (21:45), Shaan tells Sam about the show with the Jonathon Barkl from Air Garage (25:10), Shaan and Sam talk about cultural and ethnic food delivery options like SayWeee! (29:30), Sam asks Shaan how his rolling venture fund is going (40:00), Shaan explains what a rolling venture fund is (48:45). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 16, 2020
#110 with Kat Cole - Ideas From the Head of a $4B+ Business
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Shaan Puri (@ShaanVP) hosts the pod today with guests Kat Cole (@KatColeATL) COO & President of Focus Brands. In today's episode you'll hear: (00:56) Kat introduce herself and the company she leads -- Focus Brands, (2:38) Kat explains her career trajectory and how she got to where she is today, (9:24) Shaan explains how he got into entrepreneurship in college and how he ended up leading an idea lab, (19:25) Shaan and Kat get into the brainstorm -- Kat's first idea is for an app that assigns people a score for how good or bad their lifestyle is for the planet, (30:50) Kat proposes her idea for a new type of restaurant that blends grocery store, convenience store, and restaurant (she calls it "food as pharmacy"), (33:40) Kat gives her opinion on ghost kitchens, (41:00) how Focus Brands and Kat dealt with the coronavirus pandemic Companies mentioned: - https://www.focusbrands.com/ Books mentioned: - https://www.secondsale.com/i/eat-right-4-your-type-the-individualized-diet-solution-to-staying-healthy-living-longer-achieving-your-ideal-weight/9780399142550?gclid=CjwKCAjwnef6BRAgEiwAgv8mQWoId6gPA1nb1ICM_usP-nwG1olrG_K4cbsBuLPvM4XklGDz2y4arhoCROwQAvD_BwE This episode is presented by Tempo! Check them out at tempo.fit and use code "Sam100" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 11, 2020
#109 with Jonathon Barkl - The Founder of AirGarage Jams Out on Ideas
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Shaan Puri (@ShaanVP) hosts the pod today with guests Jonathon Barkl (@jonathonbarkl). In today's episode you'll hear (2:40) the opportunities in improving the business insurance process, (9:00) improving the USPS by doubling down on PO Box forwarding, (10:40) idea for customer service outsourcing using older folks, (18:44) Jonathan explains how and why he created his startup, AirGarage -- which he describes as a full stack parking operator that helps churches and businesses manage and rent out their parking lots, (32:00) Shaan asks Jonathan what his information diet is -- the first thing he does is read a book in the morning and he loves Tik-Tok, (40:20) Shaan asks Jonathan what the best purchase under $120 he's made recently. Links to companies mentioned: - https://www.mopoints.com/ - https://www.usestable.com - https://www.usertesting.com/ - https://www.rev.com/ - https://www.fireflyon.com/ - https://cleantheworld.org/ - https://www.unclaimedbaggage.com/ - https://remarkable.com/ Books mentioned - https://www.amazon.com/Superpower-Quest-Transform-American-Energy/dp/1501163582 - https://www.amazon.com/Genghis-Khan-Man-Conquered-World/dp/0224072900 This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 09, 2020
#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
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Shaan Puri (@ShaanVP) hosts the pod today with guests Ben Gilbert (@gilbert) and David Rosenthal (djrosent) from the Aquired podcast (@acquiredfm). In today’s episode you’ll hear: Shaan asks Ben and David to give some background on themselves and the Acquired podcast (0:30), Shaan gives four personalities that every company needs to succeed (11:00), the Acquired guys pitch an idea for an Airbnb that says whether or not the location has wifi (18:00), the Acquired guys talk about making your own stock index (29:10), Shaan talks about putting solar panels into space and beaming energy back down to earth (39:00), the guys talk about different ways to mitigate tax liability (48:10), the Acquired guys asks Shaan to tell the story of Bebo (62:10). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 07, 2020
#107 with Chris Bakke - This Serial Entrepreneur is an Idea Machine
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Shaan Puri (@ShaanVP) hosts the pod today with guest Chris Bakke (@ChrisJBakke) an early employee at Bank Juice, which sold to Zillow. In today’s episode you’ll hear: Chris gives his background and how he ended up in the Bay Area (1:15), Shaan gives his philosophy on how to hire new people (9:35), Chris explains why he thinks raising capital is a good idea (14:15), Chris has an idea he calls "Shopify for SaaS products" (17:05), Chris and Shaan kick around how to get subject matter expertise out of gurus to build a service business (21:50), Chris has an idea for franchising a service like GeekSquad (27:05), Shaan tells a story of how his friend franchised a service model (31:30), Shaan and Chris explain how at-home camps/schools can generate a lot of money (40:05), Shaan gives a framework of how to give poor people something that rich people have and how that translates to give small businesses something they want that big businesses already have (39:45), Chris gives the elevator pitch for his new company that replaces big consultants with software (52:50). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 04, 2020
#106 - The Q&A Special: We Answer Your Questions Live
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Today’s episode is a Q&A from the archives. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) host a Q&A on the one year anniversary of Trends. In today’s episode you’ll hear: Sam talks through how to research topics and businesses (5:15), Shaan answers Sam’s question “what’s a contrarian opinion you hold?” (9:45), Shaan talks about where an entrepreneur should focus their energy (20:52), a lister asks “what’s one thing that you believed that ended up completely opposite?” (25:38), Sam talks about one of the lead gen companies he sold (31:40), Sam and Shaan do a rapid fire questions (35:45), A listener asks about shipping logistics (56:30), Sam and Shaan weigh in on how to adapt your business to COVID (67:30). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Sep 02, 2020
#105 with Avlok Kohli and Xavier Helgesen - Leading AngelList Ventures and Buying Businesses Like Berkshire Hathaway
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Today’s episode is a double header. Sam Parr (@theSamParr) is out today, so Shaan Puri (@ShaanVP) hosts the pod today with two guests Xavier Helgesen (@XavierHelgesen) Co-CEO of Enduring Ventures and Avlok Kohli (@Avlok) CEO of AngelList. In today’s episode you’ll hear: Avlok gives his background on how he became CEO of AngelList (1:55), Shaan asks Avlok how he Fast Buy got acquired so fast (6:15), Avlok shares some ideas he has for the future of business (11:15), Shaan and Avlok talk about how to improve meetings (13:20), Shaan asks Avlok some of the cool companies he’s seen at AngelList (18:45), Shaan asks “What’s it like working with Naval?” (23:20), Shaan and Avlok talk about the problems with traditional funds and the potential with rolling funds (25:30). Shaan interviews Xavier Helgesen (54:52), Xavier gives his background (55:40), Shaan asks Xavier about his solar company in Africa (56:40), Xavier talks about his CFO-brain and how it’s helped his career (59:30), Shaan asks Xavier what he’s interested in lately (61:00), Xavier tells about his acquisition of UpCouncil (66:55), Shaan asks Xavier how to implement a profit-sharing company (78:20), Shaan explains how local and neighborhood networks are simple and profitable (85:10), Xavier explains what he looks at in financial statements when looking at a companies to acquire (68:28), Shaan asks Xavier if he has an opinion on SPACs (95:15), Xavier gives a list of a few books that every entrepreneur should read (102:45). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 28, 2020
#104 - Why You Should Be Studying MLMs
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) host the pod today without a guest. In today’s episode you’ll hear: Shaan and Sam recap their previous episode with Tai Lopez and reflect on some of the feedback received from the listeners (1:08), Sam asks Shaan what he knows about trade associations (12:05), Shaan finds new ways to add value with trade associations for groups that traditionally don’t have them (18:35), both guys explore boring household products that could be made cool, like the Nest thermostat (24:40), Shaan walks through his renewed interest in licensing brands (31:05), Shaan and Sam explore brands that have the surprise effect and the genius of that mechanism (38:45), Shaan shares one of his secret tricks in mimicking MLMs (45:18), Sam talks through his next travel designation (48:05), Shaan’s fitness trainer is a force for optimism in his personal life (51:18). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 26, 2020
#103 with Tai Lopez - Tai Lopez Opens Up About His Past and Addresses Critics
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) bring on Tai Lopez (@tailopez). In today’s episode they chat about: (4:25-22:20) Tai addresses the haters, (22:58-36:44) what businesses are Tai buying and how is he paying for them?, (36:20-42:02) Tai fires shots at Silicon Valley, (42:13-47:14) How did Tai originally make his money? (47:30-52:03) Tai explains the origins of his infamous ad, (56:42-1:08:30) what business would Tai get into right now? This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 21, 2020
#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
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- https://mankindproject.org/ a personal development organization - https://www.moneysupermarket.com/ Price comparison - https://www.answers.com/ sold for $900m to Apax Partners - https://clarity.fm/ Startup advice from experts - https://superpeer.com/ Video call scheduling platform - https://www.7cups.com/ Online therapy - https://www.talkspace.com/ & https://www.betterhelp.com/ - https://www.ypo.org/ Leadership community - https://www.instagram.com/daquan/?hl=en sold to http://www.imgn.media/ - https://socialchain.com/ Social media aggregator and agency - https://www.ladbible.com/ Internet media company - https://www.gymshark.com/ Gymwear - https://www.gruntstyle.com/ Online clothing company This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 19, 2020
#101 with Ryan Begelman - How to Succeed Applying Private Equity Structure to Startups
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) bring back Ryan Begelman (@ryanbegelman) for round two on the podcast. In today’s episode you’ll hear: Ryan explains his idea on how high-end cooking classes could make you a million dollars a year (3:00), Ryan talks about some of the very first big name celebrities to join Summit Series (8:15), Shaan asks Ryan if Adam Neumann from WeWork took entity structure too far (11:20), Ryan gives his thesis on how you structure a business following “The Virgin Model” (14:10), Shaan asks Ryan to expand on how to create wealth while still having a great life (25:10), Ryan pulls the curtain back on what it’s like to work in big banking and private equity (33:00), Shaan explains his “sell your byproduct” framework (45:12), Ryan outlines how to grow your business without venture capital (48:05), the guys talk about the psychology behind selling a high-ticket item (52:35) Companies and people mentioned: - Ryan Begelman’s website: https://www.ryanbegelman.com/ - Ryan’s companies: https://summit.co/ and https://www.bisnow.com/ - https://websummit.com/ was founded by Paddy Cosgrave (https://en.wikipedia.org/wiki/Paddy_Cosgrave) - Adam Nuemann, WeWork founder: https://en.wikipedia.org/wiki/Adam_Neumann - https://harvesthosts.com/ founded by Joe Holland - Barry Sternlicht (https://en.wikipedia.org/wiki/Barry_Sternlicht) founder of Starwood Capital, and https://en.wikipedia.org/wiki/Baccarat_(company), the company bought. This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 14, 2020
#100 with Anthony "Pomp" Pompliano - The "Export Framework" to Business Creation
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Anthony Pompliano (@APompliano) to hear about his time at Facebook and kick around a few ideas. In today’s episode Pomp talks about his experience at Facebook and Snapchat (4:05), Pomp gives the background on how he got into tech after a career in the Army (11:25), Sam expounds on the book Tribes and the impact he thinks it can have on businesses looking to build camaraderie (18:50), Pomp pitches how to reinvent dating apps to be more authentic (24:25), all three of the guys talk about how to get customers to "hook" to your product (33:05), Shaan talks about the future of automation (41:05), the group talks about how good training programs can be huge recruitment tools (50:00). - https://twitter.com/APompliano: Anthony "Pomp" Pompliano - Investments Pomp’s made: https://www.imperfectfoods.com/ (Pomp invested at $12m valuation), https://www.everlywell.com/ (Pomp invested at a $15m valuation), https://cubcoats.com/ - Book recommendation: https://www.amazon.com/Tribe-Homecoming-Belonging-Sebastian-Junger/dp/1455566381 - https://lunchclub.ai/: Helps you make professional connections - https://thehustle.co/04212020-silicon-valley-clubhouse/: Audio-only social network - https://muzmatch.com/en-US/: Dating app for muslims - https://dilmil.co/: Indian dating app - https://launchdarkly.com/: Another example of an “export business”. LaunchDarkly is a “feature management” tool whose origin was within Facebook. - https://amplitude.com/: Helps companies boost engagement by analyzing data to show what signals to look for. - https://twitter.com/sweatystartup: Storage investor and service business advocate. - https://www.healthstream.com/: Teaches medical personnel latest procedures. An example of a - https://www.eagletransfer.com/: Commercial moving business owned by Sam’s father-in-law. - https://pos.toasttab.com/: POS restaurant system - https://bit.ly/2XR7sSY Convo between Kevin Systrom and Matt Cohler, on selling Instagram to Facebook This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 12, 2020
#99 - Creating the WeWork for Warehouses
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are back together on the podcast to kick around some interesting ideas. In today’s episode Sam gives Shaan the rundown on his episode with Ryan Begelman (3:20), Shaan thinks through his life story and how to pitch yourself like a product (10:30), Shaan and Sam talk about WeWork for warehouses (17:50), how to build and structure VC funds on a small scale (27:05), how do you gear unconventional products towards women (39:20), Sam and Shaan ponder if theres's potential for a women-centric, alpha environment in the workplace (49:50). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 07, 2020
#98 with Ryan Begelman - How to Bootstrap Buying a Mountain
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Sam Parr (@theSamParr) is joined by Ryan Begelman (@RyanBegelman). They talk about Ryan's background and rise to success through Summit Series and raising enough money to buy a 10,000 acre mountain. In today’s episode we hear about Ryan's background (1:15), Ryan talks about how Summit Series acquired a mountain (5:45), Sam and Ryan talk about frameworks for businesses and idea generation (17:33), Ryan talks about the future of "drop-servicing," an alternative to drop-shipping (22:30), both guys geek out over subscription memberships and why they both love them (27:40), Ryan talks about how to reinvent the museum with immersive art and branded rooms. And how Meow Wolf created artistic rooms to experience art in a dynamic way (34:00), Ryan gives some advice on how to structure your business so you don’t need venture capital to start (38:30), Ryan asks "what if you could build the “Burning Man for the South” (47:20), Westminster Dog show for rescue dogs only and how to scale trade shows (50:45). Visit tempo.fit and use "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Aug 05, 2020
#97 with Andrew Wilkinson - The Warren Buffett of the Internet Returns
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Today's episode is brought to you by Lemon.io. They are offering an exclusive 15% discount for the first 6 weeks of work for all the MFM fans. Go to Lemon.io/mfm to claim your offer today. On today's episode, Shaan and Sam are joined by Andrew Wilkinson, "The Warren Buffett of the Internet". They talk about why it's much better to be Warren Buffett and not Elon Musk, how Andrew started a local newsletter that became bigger than his local newspaper, and what the guys would do to generate millions in a short period of time. Looking to win a year's worth of MasterClass passes? Click the link in today's Hustle newsletter, enter the keyword from today's episode, and cross your fingers! Good luck! Have you joined our private Facebook group yet? It's a page where people share each other's million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Jul 31, 2020
#96 - The Entrepreneur Betting Billions On American Passenger Trains
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Today's episode is brought to you by Lemon.io. They are offering an exclusive 15% discount for the first 6 weeks of work for all the MFM fans. Go to Lemon.io/mfm to claim your offer today. On today's episode, Shaan and Sam talk: (5:52) Charter cities and planned communities, (12:34) Wed Edens, the man investing billions in American trains, (30:41) SPACs and the world of financial engineers, (46:18) building for the creator economy. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Jul 29, 2020
#95 with Craig Clemens of Golden Hippo - The 9-Figure Business You've Never Heard Of
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Shaan and Sam are joined by the founder of Golden Hippo, Craig Clemens this episode. Craig talks about Golden Hippo's brands, how he got his start, how to launch a new product, and a bunch of ideas for potential businesses. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Jul 24, 2020
#94 - Is GPT-3 the Next Big Thing?
3623
Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: GPT-3, a business referral network, better company onboarding, and Shaan's experience working at Twitch.  See acast.com/privacy for privacy and opt-out information.
Jul 22, 2020
#93 - Why Tai Lopez Bought Pier One
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: on being a wartime CEO, Bonsai Mirai and the relaxation industry, Tai Lopez's new company, and the great Twitter hack.  See acast.com/privacy for privacy and opt-out information.
Jul 17, 2020
#92 - A Three Month Old Company Profiting $90,000 A Day
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: Ford's small raise, a mask business doing millions per month, software distribution, agents for engineers, private Twitter, Etsy for kids and Golden Hippo.  See acast.com/privacy for privacy and opt-out information.
Jul 15, 2020
#91 with Ben Askren - The UFC Star Turned Crypto Investor
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan, Sam and Ben talk: Ben's growing wrestling empire, embracing failure, the business of the UFC, why Ben's reading 25+ books a year, and the future of crypto.  See acast.com/privacy for privacy and opt-out information.
Jul 10, 2020
#90 - How a Newsletter Generates $2m With Only 5,000 Subscribers
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: leadership in turbulent times, the business of roof racks, a newsletter generating $2m, the opportunities in eCommerce, employee surveillance and the rift between Silicon Valley and the media.  See acast.com/privacy for privacy and opt-out information.
Jul 08, 2020
#89 - The Man Who Gamed Uber
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode includes: Abhishek Kumar Maurya, the founder of UberPro.In; the companies capitalizing on people fleeing cities; how tech is helping humans become fitter; the world of alternate data; the Freeport for baseball cards; and the million dollar challenge.  See acast.com/privacy for privacy and opt-out information.
Jul 05, 2020
#88 with Greg Isenberg (part 2) - Why Plugins Are Big Business
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. The guys discuss: Andrew Wilkinson Hey.com replacer, VidIQ for influencers, why Grammarly is a huge business, learning via text messages and Stadium Live (ESPN for Gen Z).  See acast.com/privacy for privacy and opt-out information.
Jul 03, 2020
#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Episode summary: (5:15) The unbundling of Reddit (11:50) The formula for finding niches to unbundle (16:24) Examples of a subreddits that could become a business (31:00) The businesses that use giveaways to grow.  See acast.com/privacy for privacy and opt-out information.
Jul 01, 2020
#86 - Why Every Business Should Have an Enemy
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Episode summary: (0:03) Discounted Uber credits hack (4:06) Scam talk: Chamath bitcoin giveaway, Nigerian PPP, Super Pac (12:05) Baseball card storage idea (15:20) Self-storage company, Public Storage, is wildly profitable (16:12) Real estate talk (20:01) Why it’s important to have enemies when marketing (27:42) Private Twitter idea (30:08) Chris D’Elia and Wikipedia for creeps idea (37:42) Should Wikipedia be government owned? (39:50) Cheaper backend brokerage  See acast.com/privacy for privacy and opt-out information.
Jun 26, 2020
#85 - Why Privacy is Big Business and the Multi-Million Dollar Ideas Hidden in Plain Sight
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Episode summary: Privacy Based Businesses (14:20) Opportunities “Hidden in Plain Sight” (18:29) Unclaimed Baggage unclaimedbaggage.com (22:50) “Costco for services” idea (28:55), Income Share Agreements (37:00) Simple websites doing $100k/mo (39:10) Sam and Shaan get a little philosophical about if you should spend time investing or building (44:40)  See acast.com/privacy for privacy and opt-out information.
Jun 24, 2020
#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) catch up with Noah Kagan (@noahkagan), founder of AppSumo and OkDork.com. Before that, he was employee #30 at Facebook, #4 at Mint, and worked at Intel. In today’s episode we hear about Noah’s background (1:05), Noah talks about the different between needing to do things and choosing to do things (5:58), how Noah thinks about finding customers (12:30), Sam asks for Noah’s framework for knowing how and when to build a new product (16:10, Noah talks about how our greatest strengths are also our greatest weaknesses (18:12), Shaan joins the podcast (27:00), Shaan asks Noah how he would build a company now if he was 21 with no name recognition (33:50), Noah leaves the podcast and Sam and Shaan talk through Sam’s upcoming road trip and future ideas (50:30).  See acast.com/privacy for privacy and opt-out information.
Jun 19, 2020
#83 - How the Koch Brothers Got Rich, Human IPOs and Why Snapchat Might be the Future
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) catch up and talk through a variety of topics on the show today. Everything from content engines serving only employees of specific companies (internal podcasts, for example), to the Koch brothers and SnapKit. In today’s episode we cover ways companies are publishing content directly to their employees (8:00), Sam briefly summarizes how the Koch brothers made a billion dollars (15:30), Shaan riffs business ideas based on Snapchat Mini’s (22:45), Shaan explains Moonshot and how online escape rooms just might work (30:30), Sam asks for Shaans honest opinion on the Liquid Death founder (33:47), Sam and Shaan talk about humanIPO.app and the merits of humans having an IPO (39:35), Shaan and Sam discuss correct posture and the need for someone to tell them how to exercise “correctly” (43:00).  See acast.com/privacy for privacy and opt-out information.
Jun 12, 2020
#82 - My Angel Investing Strategy
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) breaks down the way he thinks about angel investing. He talks through his experiences, what you should look for in a founder, how to be an angel investor with someone else’s money, and how to evaluate your returns.  See acast.com/privacy for privacy and opt-out information.
Jun 10, 2020
#81 with Mike Cessario - The Genius Way Liquid Death Sells Canned Water
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) sit down with Mike Cessario (@Cessario) Co-Founder and CEO of Liquid Death (@LiquidDeath). Mike gives the backstory on Liquid Death and together they talk through the importance of marketing and making boring market segments more exciting. Today's topic include: Mike gives the backstory on Liquid Death (2:30), Shaan asks Mike “where does this idea come from?” (7:30), Mike talks about how big the business is (10:20), Mike explains how to inject humor into stale brands (18:30), Mike talks about the difference between mineral waters in the United States and abroad (26:00) Mike compares businesses started by “business people” to businesses started by “creative people.” (39:40), Mike illustrates how he views Liquid Death as a pop-culture factory (44:00), Mike explains that “it’s all about speed” if you want to win when going from idea to product (54:48).  See acast.com/privacy for privacy and opt-out information.
Jun 05, 2020
#80 - The Guide on Generating Startup Ideas
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) kick around a several new business models, and then they break down frameworks for how the best founders develop and source startup ideas.. The second half of the show is also Shaan and Sam talking through current events. Today's topic include: Shaan and Sam talk about gaming credit card points (0:16), Shaan brainstorms on a service for creating tax-advantaged foundations for athletes or other high earners (4:00), Sam and Shaan talk about how to come up with ideas (9:00), Shaan describes the “old and new” framework of idea generation (22:00), Sam talks about why he hates courses as a business model (27:00), Sam and Shaan talk through current events.  See acast.com/privacy for privacy and opt-out information.
Jun 03, 2020
#79 with Alexa von Tobel - From Dropping Out of Business School to a $375M Exit
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Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) interview Alexa von Tobel (@alexavontobel), founder and former CEO of LearnVest, a fintech company that sold to Northwestern Mutual for $375M five years after launch. Today's topic include: Alexa talks about her background (0:20), Alexa talks about studying happiness at Harvard (3:40), Alexa breaks down the business plan and evolution of LearnVest (9:00), Alexa describes what it was like to be a classmate at Harvard with Mark Zuckerberg and the advent of Facebook (16:02), Sam asks Alexa, “why sell the business?” (23:08), Alexa explains the strategy behind her VC firm, Inspired Capital, and what’s interesting to her today (30:06), Shaan asks Alexa to explain her contrarian views about the future of work (32:52), Alexa explains how her roots give her an advantage in the fintech space (36:24), Sam asks Alexa what a “self-driving wallet” is (40:10), Shaan talks with Alexa about crypto projects that are streaming money (42:10), Alexa explains how friction is making it more difficult for people to grow their wealth (52:10).  See acast.com/privacy for privacy and opt-out information.
May 29, 2020
#78 - 10 Startup Ideas I Had This Year
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@shaanvp recaps year 1 of the podcast, and breaks down his 10 Favorite Ideas from the podcast this year. Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
May 27, 2020
#77 with Greg Isenberg - WeWork's Head of Product is an Idea Machine
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Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) talks to Greg Isenberg (@gregisenberg) who is the Head of Product at WeWork, the cofounder of a product studio called Late Checkout, and he’s an advisor for TikTok. Today's topic include: Greg talks about how YouProbablyNeedAHaircut.com came about (1:30), Greg talks about his background (4:50), Shaan and Greg talk about what drew them to Silicon Valley (11:00), Greg talks about selling his businesses to StumbleUpon and WeWork (19:00), Shaan and Greg talk business ideas (22:30), How to think about consumer internet products (26:00), Discussing how Evan Spiegel explained Snapchat (36:40) and How to invent the future and think about new products or ideas (45:45).  See acast.com/privacy for privacy and opt-out information.
May 22, 2020
#76 with James Altucher - Making and Losing Millions Over and Over Again
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Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Today, Sam (@thesamparr) and Shaan (@shaanvp) chat with James Altucher (@jaltucher). James is an entrepreneur, hedge fund manager, podcaster, writer and stand-up comedian. He has founded and sold companies for millions and lost his fortune over and over. He's always found a way back and today he shares all the lessons hes learned along the way. Today's topics include: (1:50) James talks about his background (6:05) James explains the companies he started and how he made his money. (19:10) James became a much better investor when he started investing alongside much smarter investors. (21:30) The challenges of selling a company. (29:14) James explain why he kept losing his fortunes and what he did to start managing his money better. (32:48) How James’ happiness fluctuated as his fortunes rose and fell. (38:35) James discusses what he does today — writing, podcasting, investing and stand-up comedy. (40:00) James discusses his investment and risk management strategy. (45:30) James tries to come up with 10 new business ideas every day — he explains his process. (51:00) How would you make money if you were 21 again?  See acast.com/privacy for privacy and opt-out information.
May 20, 2020
#75 with Randy Hetrick - Navy SEAL To $50M TRX
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** The audio recording in the episode had some stuff ups. Sam is not interrupting Randy, it's just the audio delaying in recording. Very sorry for the listening experience, will be fixed in future episodes. ** Today's ep is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Sam (@thesamparr) talks to Randy Hetrick (@randyhetrick) who is the CEO of TRX training (inventor of TRX Suspension Trainer), a leading global brand in physical training and the industry leader in functional fitness. Built the company from a bootstrap start up to a high growth consumer brand with 130 employees and approximately $50M in annual revenues. Today's topic include: Why angel investors are better to receive money from than VC's (6:20), Starting a physical goods business and being omnichannel (13:08), Difference between being chairman and CEO (29:08), Why institutional MBA type CEO's suck (33:07), What industries he's interested in investing in (39:32), Sam's MMA weight cut (43:34), Navy Seal and business leadership (46:25) and Randy's angel investing, selling secondary and building his personal brand (55:33).  See acast.com/privacy for privacy and opt-out information.
May 16, 2020
#74 - The $72B Chinese startup you’ve never heard of, a mysterious billionaire and the guide to post-corona opportunities
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Today's ep is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Sam (@thesamparr) and Shaan (@shaanvp) are back this week to chat about Second order effects of covid-19 - find here: https://docs.google.com/document/d/17YkH4kc63t7JI7JJZR6i3-iebJd7kfRAzAK_ssl8bt4/edit?usp=sharing (1:04), RV rentals / Glamping (14:21), Art collections (22:54), Billionaire of the week: Mark Leonard of Constellation Software (27:57), Balance between prudent and excitement (38:04) and Group buying unlocking discounts (43:24).  See acast.com/privacy for privacy and opt-out information.
May 13, 2020
#73 - On-Demand Appliance Technicians, Credible Authority Businesses & Homesick Food Delivery
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Sam (@thesamparr) and Shaan (@shaanvp) shoot the shit about Airbnb's layoffs (3:21), Sam's carnivore diet & Goldbelly.com (5:52), Lambda school for technicians (14:07), Credible authority businesses like Gartner and HBR (24:31), Is buying youtube channels really a good business? (35:22) and the art of storytelling (43:41).  See acast.com/privacy for privacy and opt-out information.
May 08, 2020
#72 with Sophia Amoruso - GIRLBOSS
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Today we hang out with Sophia Amoruso (@sophiaamoruso), founder of Nasty Gal & Girlboss. Her story is bananas. She is a community college dropout who created a company that at its peak was valued over $400M+. She has had highs (sold over 500k copies of her book) & lows (nasty gal eventually crumbled) and we talk about both. I was pretty blown away by her honesty. She wasn't trying to make herself sound good or look good (which ironically, made her sound/look great to me). We start with some fun topics like The Bachelor & her favorite cars she's owned (2:23), About her background and businesses (4:45), The story of Nasty Gal: $30m revenue, Index putting $50M investment and her selling life changing secondary (6:44), Expectations after raising venture capital (11:31), Starting conference businesses (15:54), Being a starter vs. operator (17:16), Downsides of being the CEO (20:52), How she got her book to sell 500K copies (24:54), Her investment portfolio of startups and funds (29:17), What's in store for her in the next 10 years? (32:45), Freemium vs Subscription for content (37:13), Opportunities and trends she's seen in the media + retail space (40:06) and Sam's great book recommendation with a horrible - How to Get Rich by Felix Dennis (43:27) Today's ep is possible because of Superside! Head to www.superside.com to hire a dedicated team of designers for your project!  See acast.com/privacy for privacy and opt-out information.
May 06, 2020
#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
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Today's ep is possible because of Superside! Head to superside.com to hire a dedicated team of designers! Sam (@thesamparr) and Shaan (@shaanvp) are joined today by entrepreneur and owner of BPN Fitness Nick Bare (@nickbarefitness) who started a suppliment company in his dorm room and built it from $20k to over 8 figures in revenue, alongside building a big online presence with over 400K subscribers. Today they talk about what are his products (0:32), Growing a youtube channel (5:24), Content or business first? (7:34), Does he spend money on marketing? (13:19), Fitness apps crushing it (19:29), Products people in the military use (31:01), Fastest growing segments of the fitness industry (34:12), AI used in fitness apps (37:51), Monthly or annual subscription billing? (40:54), His new book "25 hours a day" (48:58), Book in a box service (52:27), Shaan's biz idea for Nick's huge office (58:39), Endurance athletes and Ironman being a huge business (1:02:43), Audio fitness apps (1:05:39) and Fitness in a post-covid world (1:07:46).  See acast.com/privacy for privacy and opt-out information.
May 01, 2020
#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
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Sam (@thesamparr) and Shaan (@shaanvp) discuss today Kanye West's billion-dollar shoe empire (3:59), /r/FatFIRE: Retire living a lavish life (10:36), Ways to generate passive income in 48 hours (23:03), Best interview questions they've been asked (33:01), Stupid D2C gimmicks making millions a week (39:37), Engaging with haters/trolls - someone owes their friend $2m (47:17) and Xprize.org but for enterprise (57:58)  See acast.com/privacy for privacy and opt-out information.
Apr 28, 2020
#69 - Paid News, Burning Money & Solving Climate Change
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Today's ep is possible because of Superside! Head to superside.com to hire a dedicated team of designers! Sam (@thesamparr) and Shaan (@shaanvp) are back to talk about Burning money (0:36), Asia monetizing podcasts way better / paid news (3:23), Drudge report getting 1.1 billion visits a month?! (11:28), Neil Patel and where most enterprise revenue coming from maintenance (20:59), Book a YC team (29:17), Remote.com raising $11M seed (33:19), Attrition projection/modelling (37:52) and Yishan Wong solving climate change (41:08).  See acast.com/privacy for privacy and opt-out information.
Apr 25, 2020
#68 - It's Time To Build, Founder Dating, MBA As A Service
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Sam (@thesamparr) and Shaan (@shaanvp) chilling on Zoom once again to talk about Marc Andreessen's new controverisal blog post titled "It's Time To Build" (3:54), On Deck - MBA As A Service (17:27), Founder Dating (27:35), Talking to Naval on ClubHouse (36:37), Oatley's Milk is bomb af (45:08), Fastgrants.org (51:31) and Shaan's Degenerate Crypto Trade (53:38)  See acast.com/privacy for privacy and opt-out information.
Apr 22, 2020
#67 - A Very Random Episode
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Sam (@thesamparr) and Shaan (@shaanvp) are back to chat about Thrasio Amazon FBA Rollup (4:11), what they like and don't like about the podcasting life (10:04), Sam's obsession with Bees (22:18), Comedian streaming platform (27:17), Carta CEO sharing his laying off message to staff publicly (32:27), Why journalists write about people they may hate (44:40) and haircuts at home (1:00:46)  See acast.com/privacy for privacy and opt-out information.
Apr 18, 2020
#66 - Life Coins, Amazon FBA Rollups & Going Back In Time
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Sam (@thesamparr) and Shaan (@shaanvp) are back to talk wearing ivy league swag (3:24), Thrasio Amazon FBA rollup (6:20), Classpass for online courses (16:16), Real life bruce wayne Kinobody (19:45), What's a way the hosts have hacked a shortcut for themselves? (24:31), Looking at old newspapers to see what they got right/wrong (28:50), Personal ICOs (37:31), Billionaire of the week: Jim Patterson (44:44), Do you want to become a billionaire? (52:36) and Sexy notary business (57:05). The way you write has a huge effect on what you get — both in your business and personal life so why not learn how to write like you speak and sell like hell: search Kopywriting Kourse and improve you life 100x.  See acast.com/privacy for privacy and opt-out information.
Apr 15, 2020
#65 - Q&A with Andrew Wilkinson, Co-founder of Tiny
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Today we have Andrew Wilkinson (@awilkinson) of Tiny. Tiny is a holding company started by Andrew that buys “wonderful internet businesses” with the intention of holding them forever (akin to Berkshire Hathaway). Altogether, Tiny’s businesses do high 8-figures in revenue and employ close to 400 people across 20 companies. If you want to know more about his background, Andrew was interviewed on our podcast so give Episode #63 a listen. Today he answers: How do you find CEO's that you can trust, You've mentioned Warren Buffet a lot, any other leaders you look up to?, Is “company building” a repeatable process? What % of it can be automated?, Can you recommend your favorite business books?, What is your biggest failure and what did you learn from it?, What is a core attribute you look for when you hire somebody?, How do you make connections with other entrepreneurs while residing in a non-startup centric city?, How much of your investments are made up of personal capital vs. OPM (Other People’s Money)?, During your time at MetaLab, what was the best way to acquire clients?, Are you taking Buffett's advice and reading 500 pages a day?, As a person, how have you evolved over the years?, How do you start a fund with money made from an agency?, What's the required mindset shift from running one business to delegating a team to run multiple?, If you internalize one principal into your kids, what would it be?, When you built your house, what are some things that could have made the frustrations easier?, Can I skip building an agency and go straight into investing? and What's the worst & best advice you get from people who tell you how to become successful?.  See acast.com/privacy for privacy and opt-out information.
Apr 15, 2020
#64 - Trapped Data Creating Unicorns, Billionaire Punches Punk Kid & Missing Out on $5M
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Sam (@thesamparr) and Shaan (@shaanvp) are back on Zoom to talk Sam's new crush and honorary guest Andrew Wilkinson (6:00), $40M a year consulting king Sam Ovens (10:32), Shaan's experience being initiated into the Tony Robbins religion (15:27), Shaan's operating framework for life bible (21:52), Billionaire's of the week (yes, double): Michael Loeb & Richard Barton (26:45), Billion dollar idea playbook: What industries lack transparency? (40:41), Shaan missing out on making $5 million (45:24) and The Hustle making new podcasts - Go check out Moiz Ali's new podcast Exit Strategy! (54:51).  See acast.com/privacy for privacy and opt-out information.
Apr 13, 2020
#63 with Andrew Wilkinson - Buying cash-flowing internet companies, starting job boards and building no code projects
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Sam (@thesamparr) and Shaan (@shaanvp) are joined today by Andrew Wilkinson (@awilkinson) who is the co-founder of Tiny (tinycapital.com) - the internet version of Berkshire Hathaway. Shaan also launched a newsletter version of the podcast, subscribe to it to receive startup ideas backed by data in your e-mail weekly: terriblehorriblenogoodverybadideas.com. Want to make your first million with your mobile app? You have to prioritize app performance first. Get your custom HeadSpin benchmark report at headspin.io/myfirstmillion free our listeners! Today's topics: What is Tiny? (4:05), Shaan tried to sell Andrew a business 5 years ago (8:35), Andrew being early on COVID-19 (15:26), Being a control freak & hiring managers (20:35), The perfect cash-flowing companies (31:30), SRED Credits Tax Incentive Program in Canada (36:40), Job board businesses (42:22), No code agencies (48:03), Businesses that didn't work out (56:56), Being broke (59:20), Subscription podcasting (1:02:27) and Modern day newspapers (1:11:18).  See acast.com/privacy for privacy and opt-out information.
Apr 08, 2020
#62 - Lambda School for Secretaries, Billionaire of The Week, Deepfakes & More
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Sam (@thesamparr) and Shaan (@shaanvp) talk trends, startups and your next million dollar idea. Today's topics: Deepfakes, good or evil? (5:00), The credentials business (15:13), Are sam and shaan unethical? (29:41), Studying evil leaders (34:47), IDEA: Lambda school for EA's (38:27) and Shaan's Billionaire of the Week: Xavier Niel (44:11).  See acast.com/privacy for privacy and opt-out information.
Apr 04, 2020
#61 - How to Buy, Manage and Grow Cash-Flow Positive Businesses + Corona Virus Impact on the Economy
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Sam (@thesamparr) and Shaan (@shaanvp) speak to Brent Beshore (@BrentBeshore) today about how he plans to invest $250M in cash-flow positive businesses, how much corona virus will impact the economy and explains why he'd only start non-tech businesses in today's climate. Brent is apart of Permanent Equity which has raised a total of $300M to deploy into businesses that actually make cold hard cash - their collection of companies made approx. $160M of it in the last year. Want to make your first million with your mobile app? You have to prioritize app performance first. And HeadSpin is here to help. With your custom HeadSpin benchmark report, get deep insights into app performance, from cold and warm starts, to errors, crashes, and response times, including audio and video quality and biometric responsiveness. Our state-of-the-art Global Device Cloud provides unique carrier network, device, OS, and app level insights, on real, SIM-enabled devices in hundreds of locations around the world. No SDK required. Get your custom HeadSpin benchmark report at headspin.io /myfirstmillion. Today's topics: Who is Brent Beshore? (4:04), What type of companies is he buying with quarter of a billion dollars stashed? (12:17), Military staffing lead gen is a defensible business (14:53), How to handle owners and managers post-acquisition (16:54), How much do owners of cashflowing businesses take home? (20:34), Why he won't touch debt with his businesses (24:10), How Brent grows the businesses they acquire (25:32), How do owners transition to the passenger seat? (30:36), Corona Virus predictions and impact on the economy (36:16) and what he'd do if he started his career again (51:03).  See acast.com/privacy for privacy and opt-out information.
Apr 01, 2020
#60 - YC Demo Day Startups #2, Importing Foreign Innovations & Collaborative Copywriting
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Sam (@thesamparr) and Shaan (@shaanvp) today go over more YC batch companies! Sign up to the new Trends report that Sam mentioned at https://trends.co. Today's topics: Sam might have corona virus (5:46), is YC better this year going digital? (10:15), Smile Direct Club for Latin America (14:56), Education in India (17:56), EzeWholesale - Marketplace for Used Phones (23:28), Offerup and LetGo Merger (28:13), Build a Plane - Project Management for Construction (30:03), Strippers leaving their jobs to become delivery drivers (34:24), Ditto - Collaborative copywriting tool (38:12), Shaan's marketing intern challenge (46:14), Ugly food delivery services (48:49), Automating collections using Upflow (52:52), Teiv - Adblock for in-store TV's (58:31)  See acast.com/privacy for privacy and opt-out information.
Mar 30, 2020
#59 - YC Demo Day Startups, Airbnb Survival & Teachable Acquisition
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Sam (@thesamparr) and Shaan (@shaanvp) today go over some of YC's best startups to come out of its recent demo day. Want to make your first million with your mobile app? You have to prioritize your user experience first. And HeadSpin is here to help. With HeadSpin’s mobile app benchmark reports, know where you stand against your peers and get deep insights into your mobile experience and app performance. Get your custom HeadSpin benchmark report at headspin.io/benchmark. Topics for today: Sam's good luck and bad luck (3:26), Teachable selling (7:30), Can Airbnb withstand a recession? (12:48), Cron - Superhuman for your calendar (21:40), Superhumans for x - Pitch and Casuel (29:51), Art in res - fine art installment plans (32:00), Line of credit to influencers (38:53), Freezing eggs (44:34), $100K and pick one to invest in (50:17), Campus delivery startups - Duffle and Puff (53:31) and Unsexy great new businesses like BuildPlane.com and Truenorth Fleet (55:19)  See acast.com/privacy for privacy and opt-out information.
Mar 25, 2020
#58 - How To Navigate The Upcoming Depression
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Shaan (@shaanvp) is joined by producer Ishan (@ishanhaq) to talk Corona virus and where they think it's at, where it's headed and what you can do to prepare for the worst. We also announced we started a new podcast! 9 Minute Morning Routine should be your daily listen on the way to work in the morning. Feel relaxed, calm and focused on how you're going to kick ass today. Subscribe here: https://podcasts.apple.com/us/podcast/9-minute-morning-routine/id1504340799  See acast.com/privacy for privacy and opt-out information.
Mar 24, 2020
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
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Sam (@thesamparr) and Shaan (@shaanvp) are chatting over the internet about Corona virus and all things business, markets and life impact it's having. Come hang: www.facebook.com/groups/ourfirstmillion. Want to make your first million with your mobile app? You have to prioritize your user experience first.HeadSpin is here to help. With HeadSpin’s new all-in-one platform, you can now test, monitor, and analyze mobile applications across devices, locations and networks. With state-of-the-art Global Device Cloud can help you obtain unique carrier network, device, and OS level insights for your app in more than 150 locations around the world. No SDK required. Learn more at headspin.io.  See acast.com/privacy for privacy and opt-out information.
Mar 20, 2020
#56 - The Recession Proof Skill Sets
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Sam (@thesamparr) is by himself today without Shaan (@shaanvp) to tell you about what he thinks are 4 essential skill sets that will withstand a recession. Questions about any of these? Ask the hosts directly on www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Mar 15, 2020
#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. Why aren't you in our Facebook group yet? www.facebook.com/groups/ourfirstmillion. For detailed show notes: https://bit.ly/3aOxEBz. Topics for today: Sequoia Memo (5:00), Virality in startups and viruses (8:51), Lead Gen Businesses (14:39), Islamic Finance (30:06) & Rebranding actions & lifestyles (42:18).  See acast.com/privacy for privacy and opt-out information.
Mar 07, 2020
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. We've partnered with Rippling! The startup that gives you back your time from payroll to employee compliance, making it unbelievably easy to manage your company’s HR and IT – in one system. If you want to try it out, visit www.rippling.com. Also, we had a listener actually start building an idea mentioned in our last podcast with turning tithing digital. He's documenting his journey and uploaded a video to share with you all in our private FB group -- which you are free to join: www.facebook.com/groups/ourfirstmillion. Here's Paul Graham's awesome essay on Do Things That Don't Scale: http://paulgraham.com/ds.html For detailed show-notes Topics for today: Greetings in the corona world & viral trigger content (0:14), Our run the world event is canceled (1:09), Henry has a mic now... but he's leaving the pod (1:49), A listener is building the tithing app (3:47), Cursing in meetings (5:55), Curly girl hair (8:27), Workout app making $100m/year (12:45), Mixed race shampoo (14:13), Atrium closing down and what Justin said to Sam at Hustlecon (16:24), Paul Graham's Do Things That Don't Scale (22:45), Trader Joe's founder passing away and it's fantastic business (29:25), Hotel franchising (33:49), B2B Gifting (36:14), CEO's discussed actually listen to the pod (42:30), Q&A: What's your best SEO hack for a new website? (43:53), Q&A: How to make your podcast profitable? (46:47) and Best interview questions featuring Henry (49:02).  See acast.com/privacy for privacy and opt-out information.
Mar 06, 2020
#53 - Nicotine Gum, Dating Apps For The Elderly & Tax on Vested Shares
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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. Sign up for our Run The World conference: https://organizer.runtheworld.today/invitation/313. We've partnered once again with the online business broker Quiet Light Brokerage, they want to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. oin our private FB group if you haven't already: www.facebook.com/groups/ourfirstmillion. It's free to join yet provides so much value through meeting other hyperactive business people and having discussions around the type of stuff discussed in the podcast. Topics for today: Bernie Sanders proposed tax on vested shares (2:17), Biggest regrets in structuring companies (9:08), Internet conferences like Run The World (14:25), Book clubs (19:12), Copy masters and publishing giants like Agora (26:34), Online services for older people (32:13), Which single digit unicorn will become the next $100B behemoth? (37:53), Turnkey bathroom renovations (47:38) and Sam's angel investment in Nicotine Gum is working (49:10)  See acast.com/privacy for privacy and opt-out information.
Mar 03, 2020
#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, trends and businesses. We're joined by Zak Kukoff (@ZCK), a 25 year old VC of $500M Emergence Capital (emcap.com) who's home runs have been Zoom, Salesforce, Veeva, Yammer and more. Topics for today: Introducing our guest Zak Kukoff (1:22), Equity vs Cash comp debate (3:40), Zak leaving school at 16 to raise money (6:49), Does investing in young people work? Should they be building businesses or partying? (11:12), Deskless workforce (17:49), The passion economy (23:43), How and when to build a sales team to accelerate growth (33:07), Buying engineering-led businesses and raising the prices (36:22), AI teachers in sales & language (38:35) & Optimizng your copy (46:39).  See acast.com/privacy for privacy and opt-out information.
Mar 01, 2020
#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek
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Sam (@thesamparr) is back from his New York trip to chat with Shaan (@shaanvp) about ideas, trends and businesses. Today, mid-way through we're joined by Julia Cheek (@JuliaTCheek) who is the CEO and Co-Founder of $50M backed EverlyWell, a digital health startup providing at-home medical testing kits and redesigned lab results - which did $40m in sales last year. Topics for today: Sam's time in New York (2:05), Preparing for podcasting and interviews (5:22), Meetup at Sam's Airbnb (8:47), Reality 2020: Shaan's upcoming trip to Israel (12:20), Their thoughts on Corona Virus situation (15:12), Transparent numbers in a business (24:27), New fintech platforms like Pipe.com (32:17), Julia Cheek joins the pod (38:00), Julia's background at Harvard and starting her company (40:20), Her experience on Shark Tank (44:41), How rich are the sharks? (51:31), How much traffic did she get from being on the show (52:56), How her business works (56:10), Sam thinks food allergy testing is BS (58:02), Sexual health is a massive opportunity (1:00:17), Her best customer acquisition channels (1:02:18), Bootstrapping businesses (1:04:12), Turning her idea into reality (1:07:36), Price transparency is the next big thing in healthcare & Insurance (1:12:28), HR Systems (1:16:11) and Stay at home tests (1:17:35).  See acast.com/privacy for privacy and opt-out information.
Feb 29, 2020
#50 - Digital Tithing, Influencer Based Cloud Kitchens & Uber Driver Revenue Streams with Stu Iverson
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With Sam (@thesamparr) gone, Stu (@StuIverson) takes his place. Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Who is our guest Stu (0:14), Podcast studio is looking legit thanks to @henrybillings5 (1:33), Importance of building a community to be successful (2:51), Why you should still cold email (7:24), Investing in listeners startups (9:14), Religion isn't declining like you think - beautiful bibles, digital tithing, music & merchandising (15:38), Deciding whether to earn, learn or legacy (24:43), Uber driver revenue streams (30:06), Influencer based cloud kitchens (36:04), Tyson Fury fight (44:10) and App store for business templates (51:44)  See acast.com/privacy for privacy and opt-out information.
Feb 28, 2020
#49 - Meeting Bitcoin's Billionaire Kingpin, Boy Scouts Files for Bankruptcy & Branded Canned Water
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POR FAVOR: Sam is going on Gary V's podcast monday. It would be hilarious if hundreds of us tweeted @garyvee how lucky he is to have @thesamparr on his podcast. Topics for today: Debate a new canned water brand (Liquid Death) (1:31), The "Silicon Valley Clock" (8:03), Sam's crazy story meeting the founder of Silk Road who had $10B worth of Bitcoin (and then got arrested) (11:27), Boy scouts files for bankruptcy (20:13), The next big membership groups (26:30) and Dealing with rejection the right way (36:15).  See acast.com/privacy for privacy and opt-out information.
Feb 23, 2020
#48 - NSFW Tech, HQ Trivia & Auctions
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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Topics for today: Playboy for Snapchat generation & Patreon for Porn (1:49), Seven sin investing (6:44), Fast loading porn GIFS (8:26), Back to building NSFW brands (12:56), HQ Trivia and why it died (14:07), Limited edition food launches (17:12), Back to HQ Trivia and repurposing it for education (22:21), Children allowance apps and cards (24:51), Sleep products (25:52), DIY perfume (29:34), Auctions & Marketplaces (32:19), Shaan's career advice on which company to work for (41:00), Where would Sam and Shaan work at today if they were 21 again (47:29). Please if you can leave us a 5 star review on Apple Podcasts and show your friends the pod!  See acast.com/privacy for privacy and opt-out information.
Feb 22, 2020
#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers
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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. We've partnered once again with the online business broker Quiet Light Brokerage, they want to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Paying to lose weight (01:26), Private equity rollups in cleaning, dental & locksmiths (04:22), Buying nursing homes (08:47), Back to private equity talk (10:30), Baby locked in a room story (13:02), Public dental companies (14:26), Barstool's genius marketing with 'Zillion beers' campaign (17:58), Mr Beast & Content burn out (21.44), Rupert Murdoch's elite meeting at CES (This one's good, 26:14), Revenge against spam callers & robot lawyers (32:13), Charlie Munger thoughts on Elon Musk and if you'd hire a wildcard or someone prudent (37:02), Risky investing (41:31), Listener's chess tutoring biz and if he should continue (45:00), Restaurant refills & other boring but large businesses (50:05) and lastly the crazy world of auctions and collecting (53:10).  See acast.com/privacy for privacy and opt-out information.
Feb 20, 2020
#46 - Corporate Universities, Hotel Experiences & New Credit Cards with Lance Armstrong
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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today Lance Armstrong (@lancearmstrong) happened to drop by to talk investing and celebrity life. Join our FB group: facebook.com/groups/ourfirstmillion. Topics for today: Brandless.com shutting down (2:58), Buying dying businesses (7:53), Hybrid VC's (9:32), Launch of Ramp Capital (11:13), Corporate universities & online degrees (13:47), Lance Armstrong joins! (18:26), New beverage companies (21:07), Is investing boring? (22:47), Hotels offering more experiences (27:07), Are celebs on Cameo broke? (30:12) and Shaan's last minute meeting idea (33:35).  See acast.com/privacy for privacy and opt-out information.
Feb 15, 2020
#45 - Drones Washing Windows, Airpod Guided Tours & Mario Kart VR with Furqan Rydhan
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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today we’re joined by Furqan Rydhan (@FurqanR) who is a tech badass. He was paid $120K as a 15 year old programmer during the Dot Com Boom, made a million dollar e-com biz at 17 and was an early employee at Applovin that was valued last at $2 billion. Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Our Guest’s @FurqanR Background (00:36), Funny Story about Vungle’s Jack Smith and Lance Armstrong (07:12), The Process of Brainstorming Ideas (09:36), VR/AR Experiences (10:16), Opportunities in Reviving Stale Franchises and Company Turnarounds (17:07), iPad Whiteboard Meeting Idea (22:44), Reinventing the Phone Call through Airpods (27:51), Furquan’s House Hackathon Ideas (29:49), Serialized Story Apps like Hooked (37:09), Drone Washing Windows on Big Buildings (38:38), Money Printing Mobile Apps (44:44) and What Furqan learnt being Applovin (50:20).  See acast.com/privacy for privacy and opt-out information.
Feb 14, 2020
#44 - New e-mail clients, Sharing the craigslist office & How to keep your star players
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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Dear all loyal listeners: 1) Please, please, please give us a review on Apple Podcasts!, 2) Screenshot your review and tweet it to Shaan and Sam, 3) They'll give you a present!. Also, if you're looking to promote your own podcast, visit castro.fm/promote - they push your podcast out to thousands of people. And last promo for the day... the way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Alright the topics for today: The first Hustle office was also Craiglist's office (01:43), Taking craiglist sections and turning them into unicorn startups + Sam's first startup (05:34), New email clients like Superhuman, Hey.com and Front (12:06), Pay to get a reply from influential people like Earn.com (21:23), Getting paid by the minute instead of bi-weekly (23:26), Donation business models (25:52), Taking on Wikipedia (29:39), Menstruation apps (32:01), Life schools (36:29), Prenups (38:49) and Negotiation tactics / How to keep your star players (43:12).  See acast.com/privacy for privacy and opt-out information.
Feb 10, 2020
#43 - Getting your team to take big risks, Turning office workers into remote, Quiet founders making big money
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Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Sam and his team happy about Twitter earnings (01:20), Long term stock exchange (03:11), NYSE bid to buy Ebay & direct listings (05:39), Commercial laundry businesses (07:39), Jessica Simpson's billion dollar clothing line & other influencer IP businesses (14:06), Secretive founders making the big money (17:12), Company universities (20:10), What would you do once you have all the money in the world (23:51), Remote Year (28:32), Shaan gives Sam a gift...(33:45), How to get your team to take bigger risks (36:35) and their book recommendations (45:20).  See acast.com/privacy for privacy and opt-out information.
Feb 08, 2020
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
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Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Harry's (D2C razor brand) sale blocked & D2C selling to PE strategy (0:55), /r/WallStreetBets & Tesla shorts (6:05), Drew Houston sitting on Facebook board & Professional board sitters (11:39), Labor law posters, MailChimp for governments & other weird compliance rules (14:48), Turnkey compliance, contracting remote workers & Letsdeel.com (18:11), Huge unsexy business: exec headhunting (21:23), Influential people curating job boards (27:52), Crowd-sources salary comparison sites like levels.fyi (33:08) & The Ringer selling to Spotify & why it makes podcast acquisitions make sense (35:41).  See acast.com/privacy for privacy and opt-out information.
Feb 07, 2020
#41 - Dating app that has an admissions process like Harvard
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** In our Facebook group yet? We hang out there so come join and let's talk ideas: www.facebook.com/groups/ourfirstmillion ** Amanda Bradford (@amandabradford) was 28 years old, in business school and using dating apps. She got tired of stalking every match on Linkedin, Facebook etc.. to see if they were legit. Why doesn’t the dating app do this for me?So against all her advisors advice, she started a dating app called the League that checks your Facebook & Linkedin to verify that you are who you say you are.Strange idea, but It’s kinda working! They have over 100k paying members, profitable & been around for 5 years. We talk about: how she got her first 400 users at launch, how they figured out if people would pay $$ for subscription and what the future of dating looks like.  See acast.com/privacy for privacy and opt-out information.
Feb 05, 2020
#40 - Paid Courses with Tom Wang, Barstool Acquisition & New Startup Hubs
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*** JOIN OUR FACEBOOK GROUP for share ideas and insight with each other: www.facebook.com/groups/ourfirstmillion *** Today we first chat to Tom Wang, who has sold a 7 figure Amazon FBA biz + runs a 7 figure FBA Masterclass. Some stuff the guys talk about today is Utah as a new startup hub, Sam ignoring Andrew Yang before he became a democratic candidate, a social network built on Airpods, dry toothpaste, emergency bags, educational content and the recent Barstool acquisition.  See acast.com/privacy for privacy and opt-out information.
Jan 31, 2020
#39 - Getting a Billion People Working From Home
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We interviewed the founder of Rev.com (they transcribe audio into text), to hear how he built this into a $206M (to be precise) business. We used them to transcribe the My First Million podcast episodes, and realized how badass of a service this was. Super simple concept - create a workforce (currently 50,000) that works remotely, transcribing audio from podcasts, conferences, meetings etc.. into text, for less than $1 per minute. Jason talks about freelancers making money in their pajamas, why they opened an office away from Silicon Valley, the impact of AI on remote work, working for free to show your worth, buying his domain for $400,000 and a clever way come up with and test a killer startup name.  See acast.com/privacy for privacy and opt-out information.
Jan 29, 2020
#38 - Truth about ad agencies with Brendan Gahan + Brainstorming with Daniel Gross
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. Long episode today! First half is with 8-figure ad agency founder Brendan Gahan to talk biz models, overhead and profitability. Then the second half is with Daniel Gross who sold his startup to Apple in his twenties and rolled that win into multiple unicorn investments. Enjoy!  See acast.com/privacy for privacy and opt-out information.
Jan 26, 2020
#37 - Mastering Amazon FBA
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Ever think your side-hustle could become a million-dollar company? Paul Anderson (@paul_d_andersen) did. Today on My First Million, we sit down with Paul who quit his 9-to-5 to focus on his Amazon FBA and how his passion became a full-blown multi-million dollar company. Side hustles, getting ‘em out there, increasing your profits, credit lines and more this week! Also, go sub to his new personal finance newsletter: https://wealthfam.com/newsletter/  See acast.com/privacy for privacy and opt-out information.
Jan 22, 2020
#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. Today Shaan kicks it off with food industry ideas: keto peanut butter, vintage fast food chains transitioning into the modern era, modifying US chains and taking them global. Then the guys chat about Aliexpress, pop-up esport tournaments, Tough Mudder bankruptcy, data privacy tools, targeting wealthy alumni for fundraising, networking hacks and a discussion about Silicon Valley mistruths.  See acast.com/privacy for privacy and opt-out information.
Jan 18, 2020
#35 - King of Kickstarter
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Shaan sits down with Peter Dering (@peterdering), Founder & CEO of Peak Design, maker of beautiful, highly functional redesigns of photography equipment. He quit his construction job and traveled the world with $25K in savings. After awhile, he found it to be a pain in the ass carrying his camera around with him. So he thought of a camera holder clip that’d go onto your bag strap. Next thing you know, he filmed a kickstarter video to accompany his simple yet revolutionary product and within 90 seconds of launching he had his first sale. Bags, tripods, straps. Almost every year Peak Design releases some sort of iteration of an outdated piece of equipment and it SELLS. Last year they employed 38 people and did $70m in revenue. He owns 100% of it. Like I said, you want to be this guy. He talks about the process of how you actually create a physical product from scratch, how to work with international distributors, why and how he structured a public benefit entity, how to offset business carbon footprint and how much it ACTUALLY costs (it's tiny!). Have a listen to learn how to kickstart your own carbon-neutral Kickstarter empire.  See acast.com/privacy for privacy and opt-out information.
Jan 15, 2020
#34 - CES Highlights, Cloning US Startups & Compliance Education
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. We're going to try and keep these consistent -- about every Thursday and even maybe even 2 a week. Today Sam kicks it off by telling some of the most promising technologies he found at CES 2020, meeting some D2C guys and being astounded by their insane growth rates, the 3 bro's shamelessly knocking off US startups and getting rich, how lucrative trade shows/membership programs/courses can be, why compliance education packages could sell for $$$ to large companies & Shaan reflects on his decade goals and talks about what he wants accomplished by 2030.  See acast.com/privacy for privacy and opt-out information.
Jan 12, 2020
#33 - Pioneering The No-Code Movement
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We're back with Season 3, brought you by Microsoft: The latest episode of My First Million, Shaan sits down with Vlad Magdalin (@callmevlad), Co-Founder & CEO of Webflow: a visual tool to build web apps. Vlad shares the several attempts in 6 years to get his no-code brainchild going. Persistence paid off as it quickly got to $20MM in revenue and raised a monster $72M Series A round led by Accel. He talks about the emotional rollercoaster of getting into Y-Combinator, the video that made him quit his high paying job immediately, kickstarter kicking him off their platform and the trick to get investors interested without changing anything.  See acast.com/privacy for privacy and opt-out information.
Jan 08, 2020
#32 - Product Genius: Scott Belsky
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We've got a different flavor today for you. We sat down with Scott Belsky (@scottbelsky) join us today and instead of hearing his backstory, we bounced around a bunch of topics. Scott has done it all. He's been a founder (Behance), angel investor (Uber, Pinterest), VC (Benchmark), Tech Executive (CPO of Adobe currently), and Author (The Messy Middle). So sit back, grab a salad (cause we're healthy in 2020) and enjoy this conversation.  See acast.com/privacy for privacy and opt-out information.
Dec 25, 2019
#31 - The Wild Wild West of Mineral Real Estate
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Mike Brown is my new hero. He's an ex military man, who came back & built a super lean business (5 employees and 10's of millions in revenue annually) - hired best friends and brothers to share the experience. Mike Brown (@mb_abides) and his gang went on a mission to buy small pieces of real estate from hundreds of families because they were potentially (and quite literally) sitting on a gold mine. They'd then package them up and sell it to the big oil & gas funds - which meant tens of millions of dollars for them. The business part is good - but I love the philosophical and practical advice around optimizing for quality of life. Let me know what you think! Puri.shaan@gmail.com  See acast.com/privacy for privacy and opt-out information.
Dec 18, 2019
#30 - Reinventing the Energy Drink
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LifeAid’s Aaron Hinde (@aaronhinde) stopped by to talk “vitamins that you’ll enjoy drinking.” He built a new beverage brand from zero to $100m+ in value, taking on the big boys like Red Bull, Monster etc.. He talks about coming up with the formula, and their distribution strategy thru CrossFit gyms. We also chat about his unique decision to live off the grid: chicken, solar & batteries and more. Got feedback? email us at puri.shaan@gmail.com  See acast.com/privacy for privacy and opt-out information.
Dec 11, 2019
#29 - Powder Diets, Instagrammable Experiences & Distribution First
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This time, it’s live with you guys who came to the Trends meetup last Thursday and answered some of burning questions.They also explore this week powder diets, turnkey instagrammable moments, building products around the distribution & why Facebook groups is the place to be.  See acast.com/privacy for privacy and opt-out information.
Dec 04, 2019
#28 - Building Big Ass Fans For Big Ass Money
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Carey Smith sold Big Ass Fans for Big Ass Money. As you can probably tell, he found a way to make ceilings fans sound sexy, but more importantly a sexy business. Find out how this unconventional self-appointed CBA (Chief Big Ass) turned a failed bootstrapped Mom & Pop into a 1,200 person $500M giant. Hear him talk about re-branding his company name to include ‘Ass’ & how that changed his entire business’ trajectory, a random meeting that turned into selling for half a billion dollars, writing $50M worth of checks to his employees after the sale and how the secret to making money isn’t to make money. Like our podcast? Join our Facebook group to share feedback, ideas and advice so we can all make that first million: www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.
Nov 27, 2019
#27 - 10 Million Reasons Why He Plays Poker
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Faraz Jaka (@FarazJaka) is a Poker pro who’s made $10M on the felt... What started out as a fun game during his spare time in college turned into big money FAST. Turning a few hundred dollars into $180k in 6 months as a 19 year-old. He was on top of the world appearing in articles, throwing massive parties, flying to Vegas every other weekend and ambitious plans to make millions a year… until it all came crashing down, went into debt and battled depression. Obviously, he rose from the dead and became hugely successful, so join this roller coaster story on My First Million, and also listen to how he uses the “+EV” method for all decision making, why you shouldn’t be results orientated, meditation exercises to overcome stress and tackling depression by confronting your issues like ‘folding a rug’.  See acast.com/privacy for privacy and opt-out information.
Nov 20, 2019
#26 - Shopify Spy Tool, Apartment Plants & Lucrative Content Sites
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. We're hosting a meetup on the 21st November in San Francisco, check out details here: https://bit.ly/354TQ7H. This week these two discuss: the top businesses using Shopify (Check the ranking tool here: https://myip.ms/browse/sites/1/own/376714), millennial apartment plants, science fiction workout bikes, D2C hallucinogenics and businesses that you can start with $1000 this weekend that could turn into a $100M+ revenue biz.  See acast.com/privacy for privacy and opt-out information.
Nov 15, 2019
#25 - Mission Driven: Bringing Solar Power to 1M People in Africa
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He's not on a mission to make money, quite the opposite. Xavier Helgesen is a mission driven founder, who uses money to do more good in the world. His first company, Better World Books sells 10 million used books a year that's collected by leftover books at libraries - in and shares revenues with literacy partners (Over $25M given to non-profits). This business lead him to Africa, where he noticed 20,000 people in a village had no electricity - so he decided to change that. He created Zola Electric, the largest solar power company in Africa, providing 1 million people with electricity per day. He talks to us about how he turned his college side hustle into a $70M biz, moving next to his customers in Tanzania, selling electricity to people who never used electricity and how ‘Mutual Improvement Societies’ could help you 10x your life.  See acast.com/privacy for privacy and opt-out information.
Nov 13, 2019
#24 - Unicorn Signals, Alternative Milk & Movie Incubators
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about creating a Y-Combinator for content production, signals that predicts future unicorns, transferring your work desk into your home, AirBnB for concerts, alternative milk boom and re-positioning existing products. We are holding a Q&A episode next week, send us your questions to: puri.shaan@gmail.com.If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.
Nov 10, 2019
#23 - Disney for Dogs
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Henrik Werdelin (@werdelin) is your dog's best friend. No really, he sends your dog gifts every month. Millions of dogs around the world love this guy, and that's why his dog treats & toys monthly subscription box business is booming. BarkBox is reported to have made $250 million last year. Damn, I wanna be his best friend too. Listen up as he talks about creating Disney experiences for dogs, meeting his co-founder on a cruise (and shared a heart-shaped bed), hijacking MTV at 2am, having 150+ doggy influencers on payroll, reverse engineering online dating to meet his wife and most importantly, how to set up systems in place to make better life choices. Read more about his 8 + 1 system here: https://bit.ly/2X17GVW.  See acast.com/privacy for privacy and opt-out information.
Nov 06, 2019
#22 - Cloud Kitchens, Kava Bars & Religious Products
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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about food joints that no one visits and only serves people through delivery, bars that get you semi high, making products from the largest free IP: religion, businesses that eliminate choice, non-alcoholic beverages, profiting off book summaries and fixing dog owner issues.If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.
Nov 01, 2019
#21 - How To Value, Sell and Buy Online Businesses
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I want to buy your business. What's your discretionary earnings? or how about you buy mine, can you get an SBA loan approved? No idea what we're talking about? Don't worry, Joe Valley (@JoeValley2) from Quiet Light Brokerage breaks down exactly the specific concepts and the tactical approach you will need to learn to value, buy and sell online businesses. He's one of the best in the biz so listen up because he knows his sh*t.  See acast.com/privacy for privacy and opt-out information.
Oct 30, 2019
#20 - Reinventing The Autograph
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The infatuation of Celebrity is something we can all relate to and Steven Galanis (@Mr312) is making sure to take opportunity of that. When was the last time you got a celeb to sign something of yours? Nowadays you'd grab your phone in a heartbeat to snap a pic and share it on the gram or "it didn't happen". Steven built Cameo so you can just pay your favorite celebrity to say (almost) whatever you want. And it's becoming huge. It's a great story that I think you'd love to hear.  See acast.com/privacy for privacy and opt-out information.
Oct 23, 2019
#19 - Drone Light Shows, No Code Movement & Plugin Empires
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The Hustle's My First Million presents: Million Dollar Brainstorm. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about the no code movement, reinventing fireworks through drone light shows, creating a brand around miniature things, putting tiny houses in your backyard, the huge business of website plugins and social agencies. If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.
Oct 20, 2019
#18 - The Big Business of Wacky Domains
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Ever wonder who owns all the internet domains like .com, .co, all the way to goofy domain names like .george and .plumbing? Well it turns out, many of these are owned by billionaires & big companies. Our hero today - Sheel Mohnot (@pitdesi) created an online auction site (like Ebay, but instead of selling beanie babies, he auctions off internet real estate). He has hosted $100M+ worth of auctions, keeping a 4% cut for himself along the way. Hear how he found this wacky niche, got the auction platform off the ground - and how he went from living on $1/day in India to becoming a self-made millionaire.  See acast.com/privacy for privacy and opt-out information.
Oct 16, 2019
#17 - Keto Ceral, Specialized Job Boards, Digital AA Meetings
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The Hustle's My First Million presents: Million Dollar Brainstorm. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about hyper-focused job boards, digital AA meetings, D2C hunting & fishing brands, GaaS (Ghostbusters-as-a-Service), keto ceral, miniature cooking sets, payroll software and a live unboxing of Sam's sperm... If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.
Oct 14, 2019
#16 - TRT Subscriptions, Cord Blood Banking, Digital Museums
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The Hustle's My First Million presents a new weekly show: Million Dollar Brainstorm. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about some real estate hunting, pets on socks, TRT subscription service, digital museums, voluntary suffering retreats, cord blood banking, sperm freezing and remote enterprise software ideas. If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered 50% discount on The Hustle's Trends newsletter, use code "MILLION" while signing up to https://trends.co.  See acast.com/privacy for privacy and opt-out information.
Oct 09, 2019
#15 - Dr. Iman's Incredible Idea
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Iman Abuzeid (@ImanAbuzeid) just finished raising $15M for her nurse hiring platform Incredible Health which was led by Silicon Valley's premier venture fund Andreessen Horowitz. Growing up in a family where everyone (literally) were doctors, she naturally followed the same path. Except when she finished medical school and received her MD, she decided not to work as a doctor for even 1 day and went corporate. After being equipped with an MBA and consulting experience, she left to Silicon Valley to make her mark on the world. Listen to hear her story, her "framework" for how to think about your career, why she thinks being in silicon valley is a competitive advantage and how she pivoted her company from a failing startup to one of the most exciting startups of 2019.  See acast.com/privacy for privacy and opt-out information.
Oct 02, 2019
#14 - The Bitcoin Believer
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Arianna Simpson (@AriannaSimpson) quit her comfortable job at Facebook to take a big bet on Bitcoin. She put over 50% of her net worth into Bitcoin back in 2014, and boy did it pay off. Now she's running a multi-million dollar hedge fund, is a renown speaker, and one of the most respected investors in cryptocurrency.  See acast.com/privacy for privacy and opt-out information.
Sep 25, 2019
#13 - He Made Millions From... Blankets, Bean Bags & Candles?
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John Fiorentino (@johnhfio) wants you to relax. And so far, its' working. He sold over $15 million worth of his product Gravity Blanket and Moon Pod. He talks to us about being broke, crashing on friends couches - to inventing and marketing the most popular blanket since the Snuggie, raising over $5 million on Kickstarter * why he thinks Silicon Valley is wasting too much time talking about tactics rather than focusing on making great products.  See acast.com/privacy for privacy and opt-out information.
Sep 18, 2019
#12 - The 1-800-GOT-JUNK Story
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Brian Scudamore (@BrianScudamore) is North America’s Junk Man. He turned a $700 pickup truck into one of the world's most successful franchises. Hear how he got started, got on Oprah, stumbled and almost killed his business, and the philosophies he uses to run his multimillion dollar junk empire!  See acast.com/privacy for privacy and opt-out information.
Sep 11, 2019
#11 - Clawing Back From $250K Debt at 20
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Aleks Svetski (@AleksSvetski) wanted to be a millionaire by 20... and he was on that path. He turned his $5K textbook money into more than $50,000 in the stock market! Until the 2008 global financial crisis hit... he didn't just lose all his money, he was negative quarter of a million. This setback ignited his entrepreneurial spirit where he started a door knocking hustle to get out his debt and make that cool million. Again, until the government betrayed his business and he went back to square one becoming a hippie on a sabbatical... and now he's back again with the lessons he's learned with his newfound passion: Bitcoin.  See acast.com/privacy for privacy and opt-out information.
Sep 04, 2019
#10 - Using $1k to Build $100M Deodorant Business
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Season 2 of The Hustle's podcast is here - and we're talking to Moiz Ali (@moizali). Have you ever looked at the back of your deodorant stick and read the ingredients? Aluminum zirconium trichlorohydrex? PPG-14 Butyl Ether? Well, Moiz saw that and created Native, a natural deodorant without all the chemical junk. He built the company from his brother's dining table - doing sales, marketing, operations & customer service as a one-man-show. His hard work paid off, as he sold the company for $100M to Proctor & Gamble just 2.5 years after it launched. Listen in to hear the backstory of how he started using just $1k, how the company almost died (twice), and how he negotiated a $100M sale of the business!   See acast.com/privacy for privacy and opt-out information.
Aug 28, 2019
#9 - Bonus episode! Answering listener questions
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There's a lot of you out there and we (showrunners Shaan Puri - @ShaanVP & Ishan Haque - @IshanHaq) wanna spend some time chatting to you and answer some of your questions about the pod, your hustle and any other random Q's your dying to ask. Should we make this a weekly thing? Let us know your feedback and questions to be answered in next weeks potential episode through messaging us on Twitter, LinkedIn, Instagram or even Facebook.  See acast.com/privacy for privacy and opt-out information.
Aug 18, 2019
#8 - Real Estate: How The Wassermans Do What They Do
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We have on Gelena (@gelenasays) & Keith Wasserman (@Keith_Wasserman), a husband and wife Real Estate duo who borrowed $5k during the end of the 2008 recession and have turned it into a $1.3 billion dollar portfolio. Learn how they create monthly income streams and sometimes double, triple or quadruple their equity from multi-family real estate.  See acast.com/privacy for privacy and opt-out information.
Aug 14, 2019
#7 - The Hippie With A Billion Dollars
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Michael Birch sold his social networking site to AOL for $850M....and then bought it back for $1M years later. (buy low, sell high. boys and girls). His business portfolio is impressive. He's an early investor in companies like Calm and Pinterest, owns two giant hotels, and bought a private island off of Richard Branson. Despite all that success, he's a down to earth guy, and in this podcast he talks through his early struggles and failed ideas before he had his billion dollar breakthrough and reminisces his days being head to head with Zuckerberg.   See acast.com/privacy for privacy and opt-out information.
Aug 07, 2019
#6 - How This Silicon Valley Outsider Hustled His Way to $750M Exit - Meet Vungle's Jack Smith
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Jack Smith (@_jacksmith) is the most clever entrepreneur I know. He’s cofounded multiple startups: Vungle, Coin, Shyp. With Vungle recently selling for $750M. We talk about his early businesses as a kid, selling prank itching powder on the playground - all the way to his infamous “LinkedIn Hack” that got him his first $120k investment check. Got feedback or questions? Email me at Puri.shaan@gmail.com  See acast.com/privacy for privacy and opt-out information.
Jul 31, 2019
#5 - The First Viral Website: "Hot or Not"
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James Hong (@jhong) is the creator of Hot or Not? He sits down to tell us how the silly website went from 42 friends, to 2 million page views per day within a week. I love his philosophy of running it like an "internet laundromat" - collecting nickels & quarters from the machine (up to $20,000 per night!) Great guy, great energy, checkout the episode. - shaan (@shaanvp on twitter)  See acast.com/privacy for privacy and opt-out information.
Jul 23, 2019
#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
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Who knew a product about other products could be worth tens of millions... Ryan Hoover (@rrhoover) tells us the struggle of trying to find a place in the startup world and how to tackle job rejection the right way - becoming his own boss! Truly starting from scratch, he runs us through the scrappy early days of e-mailing people one by one just to gain an extra dozen users... now that's some hustle! Tune into this episode and he'll teach you ways to push that little bit further to making your first million.  See acast.com/privacy for privacy and opt-out information.
Jul 16, 2019
#3 - Making Millions off an Email Newsletter?! Sam Parr from The Hustle Tells All
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Sam Parr (@theSamParr) is the founder of The Hustle - a simple email newsletter that has surpassed 1M daily subscribers and will be north of 8 figures this year. Sam walks us through how he built The Hustle from scratch as well as his adventures starting a hot dog stand (7min), selling booze on the internet (13min), meeting celebrities on the street and convincing them to hire him (11min) and how he would get rich if he was 21 again! (33min)  See acast.com/privacy for privacy and opt-out information.
Jul 09, 2019
#2 with Ramon Van Meer - Blogging His Way To $9M in Cash
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Ramon Van Meer (@ramonvanmeer) has never seen a soap opera. Yet somehow, he built the most popular soap opera blog on the planet - and was raking in millions per year! Today's conversation is about how he got the idea, and flipped a $49 WordPress theme into a multi-million dollar payday.
Jul 02, 2019
#1 - From making $76k at Microsoft to selling TinyCo for $100M+
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We talk with tech founder & investor Suleman "Suli" Ali (@sulemanali) about his journey from making $76k a year at Microsoft to selling multiple companies for $100,000,000+. Highlights: Meeting Naval (19:00) getting grilled by Keith Rabois (22:00), & risking his life savings on TinyCo (57:00)   See acast.com/privacy for privacy and opt-out information.
Jun 23, 2019