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

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.

12 Elo 20201h 3min

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.

7 Elo 202051min

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.

5 Elo 202059min

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.

31 Heinä 20201h 6min

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.

29 Heinä 20201h 1min

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.

24 Heinä 20201h 14min

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.

22 Heinä 20201h

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.

17 Heinä 202056min