#172 - Indie Businesses Making Millions, Advice to Young Entrepreneurs & How to Grow a Podcast
My First Million19 Huhti 2021

#172 - Indie Businesses Making Millions, Advice to Young Entrepreneurs & How to Grow a Podcast

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"

Jaksot(826)

I went from $1/day to billionaire in 10 years... here's how

I went from $1/day to billionaire in 10 years... here's how

Episode 673: Shaan Puri ( https://x.com/ShaanVP ) talks to Nick Mowbray ( https://x.com/NMowbray23 ), the founder of the most profitable toy company in the world.  — Show Notes:  (0:00) Selling DIY hot air balloons door-to-door (5:57) First product (21:32) $30M David Beckham Tamagotchi fail (30:18) Nightball  (36:18) Robofish  (41:43) Diapers (48:44) Shampoo, pet food, confectionary, supplements, home products (1:00:07) Zurutech - a self-funded moonshot (1:03:28) Serial entrepreneur flywheel — Links: • Zuru - https://zurutoys.com/  • Zuru Tech - https://zuru.tech/  • Boom Supersonic - https://boomsupersonic.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

5 Helmi 20251h 13min

I was offered $200M at 24 and I turned it down

I was offered $200M at 24 and I turned it down

Get our Business Monetization Playbook: Episode 672: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Matt Mullenweg ( https://x.com/photomatt ), the founder of WordPress and Automattic.  — Show Notes:  (0:00) Turning down $200M at 24 (6:04) WordPress's 1000 days of irrelevance (9:24) Turning a small South African company into $3B (13:40) The battle of giants - WooCommerce vs Shopify (18:37) Matt's Villain Arc (30:07) Auditions > Interviews (36:04) Putting every employee on the front line (42:56) Matt on Deepseek — Links: • Automattic - https://automattic.com/  • WordPress - https://wordpress.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

31 Tammi 202545min

We hosted a slumber party with 12 billionaires (our minds are blown)

We hosted a slumber party with 12 billionaires (our minds are blown)

Get our Business Monetization Playbook: Episode 671: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) recap a weekend spent with billionaires in Greenville, NC.  — Show Notes:  (0:00) Intro (4:49) Fish Where The Fish Swim, Not Where The Fishermen Stand (12:45) Man Does Not Sell Chocolate, He Becomes It (18:48) Non-Obnoxious Confidence Beats IQ (22:53) I Am (24:51) Take Your Billions and Shove It (30:20) Hardwork.....maybe? (32:41) Health is the New Status Symbol (37:39) Midwit meme in full effect — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

29 Tammi 202546min

I run a $180M+ company...here's how I'm using AI on a daily basis

I run a $180M+ company...here's how I'm using AI on a daily basis

Get our Business Monetization Playbook: Episode 670: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Andrew Wilkinson ( https://x.com/awilkinson ) about the AI tools that are replacing new hires.  — Show Notes:  (0:00) AI to kill admin work (7:37) the K-shaped future (16:29) 24/7 agents in your business (25:46) Software is the new commodity (38:40) Andrew's AI hedge investments (50:56) Buy, sell, or hold — Links: Lindy - https://www.lindy.ai/  Howie - https://howie.ai/  Fyxer - https://www.fyxer.com/  Fathom - https://fathom.video/  Otter - https://otter.ai/  Claude - https://claude.ai/  Zero - https://zerotax.ai/  Replit - https://replit.com/  Constellation - https://www.csisoftware.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

24 Tammi 20251h 6min

The Crazy Story of Google’s 7 Angel Investors

The Crazy Story of Google’s 7 Angel Investors

Get our Business Monetization Playbook: Episode 669: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) do a deep dive on the 7 strangers that made the greatest investment of all time.  — Show Notes:  (0:00) Andy Bechtolsheim (7:10) David Cheriton (10:10) Ron Conway (29:20) Alfred Lin (35:00) Shaquille O'Neill (37:20) Susan Wojcicki (38:50) Pejman Nozad (46:20) Jeff Bezos — Links: • SV Angel - https://svangel.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

16 Tammi 20251h 4min

Just found out my neighbor’s business sold for $450M

Just found out my neighbor’s business sold for $450M

Get our Business Monetization Playbook: Episode 668: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the story behind Muscle Milk, Scott Galloway's bet against FTX, and how Bill Ackman spent $460M in 4 hours.  — Show Notes:  (0:00) The untold Muscle Milk story (16:41) Timelines of your heroes (19:43) Having a social agenda (22:29) Shaan pitches Sam a business (38:58) Scott Galloway buys FTX claims (47:17) The value of having a too hard pile (55:18) Bill Ackman spends $460M in 4 hours — Links: • Muscle Milk - https://www.musclemilk.com/  • Flavor Insights - https://flavorinsights.com/  • Hormel - https://www.hormel.com/  • Arfur Rock - https://x.com/ArfurRock  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

14 Tammi 20251h

Five +$10M Ideas (from a guy who's done it 3 times)

Five +$10M Ideas (from a guy who's done it 3 times)

Get our Business Monetization Playbook: Episode 667: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Sheel Mohnot ( https://x.com/pitdesi ) about the biggest opportunities he sees right now.  — Show Notes:  (0:00) Intro (2:33) iPod mini hustle (10:40) Being a dot collector (20:30) The $100M story of Thistle (24:30) IDEA: Affinity-based retirement home (34:30) IDEA: Yelp for professional services (38:48) IDEA: Pearly whites (42:10) IDEA: Outsourced pizza (44:40) The story of Grey Goose (48:00) IDEA: School for AI Tools (52:00) Sheel's credit card stack (59:00) Sheel's position on crypto (1:03:00) Learning to sell — Links: • Thistle - https://www.thistle.co/  • Sam’s List - https://samslist.co/  • Pizzeria DeLuna - https://pizzeriadeluna.com/ • U.S. Bank Smartly Visa - https://www.usbank.com/credit-cards/bank-smartly-visa-signature-credit-card.html  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

10 Tammi 20251h 14min

How to Make $1,000,000 After You Graduate (5 steps)

How to Make $1,000,000 After You Graduate (5 steps)

Get our Business Monetization Playbook: Watch this episode here - https://youtu.be/qkcFcwb6mk0 Episode 666: Shaan Puri ( https://x.com/ShaanVP ) breaks down his 5 step process for making $1,000,000 quickly.  — Show Notes:  (0:00) Intro (2:32) Slay the salary monster (13:26) Play the game 10 times (20:05) How to win even when you lose (25:26) Proximity is power (26:33) Impatient with action, patient with results — Links: • Sarah Moore episode - https://www.youtube.com/watch?v=dF6zvTXimxY  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

8 Tammi 202539min

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