#112 - Why Buying Businesses Is Better Than Starting Them and The Mad Genius of Kanye West
My First Million18 Syys 2020

#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.

Jaksot(828)

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

#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.

15 Heinä 20201h 9min

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

#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.

10 Heinä 20201h 4min

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

#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.

8 Heinä 202054min

#89 - The Man Who Gamed Uber

#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.

5 Heinä 20201h 1min

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

#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.

3 Heinä 202034min

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

#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.

1 Heinä 202044min

#86 - Why Every Business Should Have an Enemy

#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.

26 Kesä 202044min

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

#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.

24 Kesä 202052min

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