#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses
My First Million23 Syys 2020

#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.

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This Year's Best Twitter Accounts to Follow

This Year's Best Twitter Accounts to Follow

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) share their favorite Twitter accounts to follow and what they have learned from them.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want more insights like MFM? Check out Shaan's newsletter. _____ Show Notes: (00:30) - Sam's body fat % (05:50) - @Post_Market (09:00) - @Ramit (15:40) - @GoodMarketingHQ and @George_Mack (17:55) - TheKanyeStory.com (20:25) - @PessimistsArc (33:25) - @ryanholiday and @dailystoic (38:50) - @AviralBhat (40:40) - Sinocism by Bill Bishop (47:50) - @Woonomic (53:15) - @fjamie013 (55:08) - @nikitabier (55:50) - @haralabob

21 Joulu 20211h 8min

SPECIAL: Steve Jobs (Part 2)

SPECIAL: Steve Jobs (Part 2)

This is a special release of the 2-part Steve Jobs series from the How to Take Over the World podcast with Ben Wilson. Description - Today we're talking about Steve Jobs, the innovator, businessman, and technologist who has arguably shaped our world in the 21st century more than any other person. This episode explores his life, strategies, tactics, work habits, leadership style, and more. _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want to win an hour of time with Sam and Shaan? Tap here to enter the contest. * Want more insights like MFM? Check out Shaan's newsletter. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com

17 Joulu 20211h 10min

SPECIAL: Steve Jobs (Part 1)

SPECIAL: Steve Jobs (Part 1)

This is a special release of the 2-part Steve Jobs series from the How to Take Over the World podcast with Ben Wilson. Description - Today we're talking about Steve Jobs, the innovator, businessman, and technologist who has arguably shaped our world in the 21st century more than any other person. This episode explores his life, strategies, tactics, work habits, leadership style, and more. _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want to win an hour of time with Sam and Shaan? Tap here to enter the contest. * Want more insights like MFM? Check out Shaan's newsletter. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com

17 Joulu 20211h 35min

Half-Baked TV Show Ideas, Miss Excel Making Millions, The Adventure Challenge, and More

Half-Baked TV Show Ideas, Miss Excel Making Millions, The Adventure Challenge, and More

Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) discuss half-baked TV show ideas that they think could be popular, how Miss Excel is making millions, the unexpected rise of The Adventure Challenge, and much more.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want to win an hour of time with Sam and Shaan? Tap here to enter the contest. * Want more insights like MFM? Check out Shaan's newsletter. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com _____ Show Notes: (03:22) - Miss Excel (20:15) - Monthly.com & Descript (27:20) - Genetic testing and GEDMatch.com (34:00) - The Adventure Challenge & The Adventure Book (44:05) - Half-baked TV show ideas

16 Joulu 20211h 4min

The Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More

The Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) discuss the business model of touring and creating live shows, how Andrew Lloyd Webber became a billionaire, what they would do if they knew they would make $5M no matter what, EMF protected pants, and more.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want to win an hour of time with Sam and Shaan? Tap here to enter the contest. * Want more insights like MFM? Check out Shaan's newsletter. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com _____ Show Notes: (00:20) - Sam threw up at a waterpark (02:55) - YouTube creators for kids (9:50) - The business model of touring (18:20) - Creating a Y Combinator of content (22:12) - The company you would build if you had the energy and the time (25:30) - Starting a company based on who you want to employ (31:15) - VR therapy (36:30) - What would you do with $5M per year? (41:30) - Sending gifts internationally to business partners (55:20) - The man pretending to be Satoshi

14 Joulu 20211h 9min

Hasan Minhaj - Comedy, Netflix, Haters, & Money

Hasan Minhaj - Comedy, Netflix, Haters, & Money

Shaan Puri (@ShaanVP) sits down with award-winning comedian Hasan Minhaj to discuss how he prepares for his shows, how he stays in the moment, his struggles dealing with anonymous Twitter trolls, what he has planned for the future, and more.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want to win an hour of time with Sam and Shaan? Tap here to enter the contest. * Want more insights like MFM? Check out Shaan's newsletter. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com _____ Show Notes: (00:45) - Shaan and Hasan's daily routines (13:30) - Is entrepreneurship inborn or learned? Is comedy? (18:30) - Hasan's process for preparing for a show (21:00) - Why comedians need to work out (31:00) - How to deal with feedback/haters (55:00) - Creating instead of consuming (1:21:00) - How creators can get leverage back from corporate interests

13 Joulu 20212h

EMERGENCY POD: Shaan Reacts to Better.com CEO Firing 900 Employees

EMERGENCY POD: Shaan Reacts to Better.com CEO Firing 900 Employees

Shaan Puri (@ShaanVP) reacts to the Better.com CEO firing 900 employees on Zoom and explains what went wrong and how the CEO could have done better. To see Shaan's reaction vid on YouTube, click here: https://youtu.be/9NRMaZ_nGw0

10 Joulu 202113min

Fitness Hotels, Steel-Manning, and Why the Creator Economy is Overhyped

Fitness Hotels, Steel-Manning, and Why the Creator Economy is Overhyped

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) discuss new business ideas including building a fitness hotel, the mental model of building a steel man argument, and why the creator economy might be overhyped.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. _____ Links: * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com Show Notes: (00:54) - Announcing review contest winners and. introducing the clips contest (04:50) - Recapping the Noah Kagan episode (12:30) - Steel-manning (16:05) - Why speech and debate nerds end up successful (27:39) - RockAuto.com (33:00) - Why Sam is going to start a fitness hotel (38:00) - ManualsLib.com (43:57) - Why dentists are some of the top creators on YouTube (46:00) - Why the creator economy is overhyped (01:13:35) - Dane Cook's amazing growth hack

9 Joulu 20211h 18min

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