PLAY PODCASTS
My First Million

My First Million

865 episodes — Page 16 of 18

#115 - Selling An Erotic Newsletter and AI That Leaves Us Speechless

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, 202057 min

#114 with Steph Smith - The Head of Trends Talks Insider Trading and The Gen-Z Mafia

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, 202059 min

#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses

(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, 202047 min

#112 - Why Buying Businesses Is Better Than Starting Them and The Mad Genius of Kanye West

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, 202052 min

#111 - Sam Parr Returns: The Scheme King is Back

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, 202052 min

#110 with Kat Cole - Ideas From the Head of a $4B+ Business

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, 202053 min

#109 with Jonathon Barkl - The Founder of AirGarage Jams Out on Ideas

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 9, 202050 min

#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast

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 7, 20201h 28m

#107 with Chris Bakke - This Serial Entrepreneur is an Idea Machine

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 4, 202056 min

#106 - The Q&A Special: We Answer Your Questions Live

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 2, 20201h 19m

#105 with Avlok Kohli and Xavier Helgesen - Leading AngelList Ventures and Buying Businesses Like Berkshire Hathaway

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, 20201h 49m

#104 - Why You Should Be Studying MLMs

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, 20201h 2m

#103 with Tai Lopez - Tai Lopez Opens Up About His Past and Addresses Critics

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, 20201h 40m

#102 - Why a Handful of Meme Accounts Sold for Nearly $100m

- 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, 202049 min

#101 with Ryan Begelman - How to Succeed Applying Private Equity Structure to Startups

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, 202056 min

#100 with Anthony "Pomp" Pompliano - The "Export Framework" to Business Creation

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, 20201h 3m

#99 - Creating the WeWork for Warehouses

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 7, 202051 min

#98 with Ryan Begelman - How to Bootstrap Buying a Mountain

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 5, 202059 min

#97 with Andrew Wilkinson - The Warren Buffett of the Internet Returns

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, 20201h 6m

#96 - The Entrepreneur Betting Billions On American Passenger Trains

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, 20201h 1m

#95 with Craig Clemens of Golden Hippo - The 9-Figure Business You've Never Heard Of

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, 20201h 14m

#94 - Is GPT-3 the Next Big Thing?

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, 20201h 0m

#93 - Why Tai Lopez Bought Pier One

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, 202056 min

#92 - A Three Month Old Company Profiting $90,000 A Day

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, 20201h 9m

#91 with Ben Askren - The UFC Star Turned Crypto Investor

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, 20201h 4m

#90 - How a Newsletter Generates $2m With Only 5,000 Subscribers

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 8, 202054 min

#89 - The Man Who Gamed Uber

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 5, 20201h 1m

#88 with Greg Isenberg (part 2) - Why Plugins Are Big Business

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 3, 202034 min

#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit

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 1, 202044 min

#86 - Why Every Business Should Have an Enemy

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, 202044 min

#85 - Why Privacy is Big Business and the Multi-Million Dollar Ideas Hidden in Plain Sight

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, 202052 min

#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m

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, 20201h 0m

#83 - How the Koch Brothers Got Rich, Human IPOs and Why Snapchat Might be the Future

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, 202047 min

#82 - My Angel Investing Strategy

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, 202025 min

#81 with Mike Cessario - The Genius Way Liquid Death Sells Canned Water

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 5, 202055 min

#80 - The Guide on Generating Startup Ideas

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 3, 202053 min

#79 with Alexa von Tobel - From Dropping Out of Business School to a $375M Exit

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, 202055 min

#78 - 10 Startup Ideas I Had This Year

@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, 202026 min

#77 with Greg Isenberg - WeWork's Head of Product is an Idea Machine

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, 20201h 3m

#76 with James Altucher - Making and Losing Millions Over and Over Again

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, 20201h 2m

#75 with Randy Hetrick - Navy SEAL To $50M TRX

** 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, 20201h 7m

#74 - The $72B Chinese startup you’ve never heard of, a mysterious billionaire and the guide to post-corona opportunities

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, 202055 min

#73 - On-Demand Appliance Technicians, Credible Authority Businesses & Homesick Food Delivery

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 8, 202046 min

#72 with Sophia Amoruso - GIRLBOSS

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 6, 202047 min

#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz

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 1, 20201h 9m

#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M

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, 20201h 7m

#69 - Paid News, Burning Money & Solving Climate Change

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, 202048 min

#68 - It's Time To Build, Founder Dating, MBA As A Service

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, 20201h 12m

#67 - A Very Random Episode

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, 20201h 6m

#66 - Life Coins, Amazon FBA Rollups & Going Back In Time

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, 20201h 7m