#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks
My First Million16 Kesä 2021

#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks

Shaan (@ShaanVP) and Sam (@TheSamParr) talk with seed VC Mike Maples (@m2jr). Mike is a co-founding Partner at Floodgate. He has been on the Forbes Midas List eight times in the last decade due to notable investments like Twitter, Twitch, Lyft, and Okta. In this episode he talks about the four big trends he is excited about, the types of companies he likes to invest in, and why a startup isn’t a company. He shares a few of the mental models he uses at Floodgate to evaluate startups and shares the thoughts behind some of his unique turns of phrase. --------- * 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: https://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: * (1:02) – Debrief of the episode * (6:37) - Intro to Mike Maples * (9:02) - How Mike thinks about the next big thing * (11:00) – The 4 inflections Mike is excited about * (13:51) – Cloud Offices * (19:33) – A brief history of centralization & decentralization * (22:48) – Examples of software defined companies * (26:14) – A practical way to prepare for the future * (30:23) – How Mike thinks about investing in startups * (33:07) – Startup investing mental models * (37:39) – Mike’s take on "1 to n" businesses * (42:36) – Mike on Balaji * (47:11) – Mike on media companies * (49:49) – Force a choice, not a comparison * (54:46) – Mike’s information diet * (57:40) – Contact info & future topics

Jaksot(821)

The $70M/yr Sports Bar + Sleepy Industries Worth $100M

The $70M/yr Sports Bar + Sleepy Industries Worth $100M

Episode 628: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) break down the business behind the sports bar Cosm and the massive trend coming to out-of-home entertainment.  — Show Notes:  (0:00) Cosm’s playground virality (10:38) The Tesla of home appliances (18:13) $100M sleepy industries (23:11) The rise and fall (and rise?) of Weight Watchers (40:42) "What story is the data telling me?" (48:54) What certainty level is needed to make a decision (53:49) Confidence vs certainty (57:22) Shaan's monthly impact grid — Links: • Cosm - https://www.cosm.com/ • Impulse Labs - https://www.impulselabs.com/ • Rivian - https://rivian.com/ • Brick - https://getbrick.app/ • June Oven - https://juneoven.com/ • Shark Ninja - https://sharkninja.com/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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

11 Syys 20241h 7min

Life Hacks From The King of Introverts + 7 Business Ideas | ft. Nick Gray

Life Hacks From The King of Introverts + 7 Business Ideas | ft. Nick Gray

Episode 627: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to the socially rich, “Friends Billionaire”, Nick Gray ( https://x.com/nickgraynews ) about how to be a master networker, throw the perfect cocktail party, plus 7 simple business ideas. — Show Notes:  (0:00) Intro (4:12) If you had $10M, how would you live? (10:11) Find who your heroes follow (13:29) Speedrun of Nick Gray's career (22:15) Idea: White label enterprise sales (26:08) Idea: Millionaire Matchmaker (37:22) Idea: web-hosting services (45:00) Idea: Airbnb experiences (48:55) Idea: Geek Squad as a service (55:00) Idea: VHS to digital conversion as a service (58:58) Idea: Bring blogging back (1:04:05) The persuasion of liking (1:09:14) How to throw a Nick Gray party  — Links: • Get our business idea database here https://clickhubspot.com/mfm • Museum Hack - https://nickgray.net/sold-museum-hack/ • “If I Had $10M” - https://nickgray.net/if-i-had-10m/ • vs3 Web Services - https://vs3.net/ • Airbnb Experiences - https://www.airbnb.com/s/experiences • Elemind - https://x.com/elemindtech • Nick’s blog - https://nickgray.net • The 2-Hour Cocktail Party - https://tinyurl.com/4p6h4xnu — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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

6 Syys 20241h 24min

The Guy Who Studied Buffett for 25 Years

The Guy Who Studied Buffett for 25 Years

Episode 626: Shaan Puri ( https://x.com/ShaanVP ) talks to Guy Spier ( https://x.com/GSpier ) about everything he’s learned from studying the greatest value investors of all time.  — Show Notes:  (0:00) The Posse (5:41) Farmer Mac (17:30) Lessons from going to 9 Tony Robbins seminars (28:57) Handwritten notes from Warren Buffett (42:00) Don’t study lottery winners (59:22) Berkshire vs Index (1:05:13) Finite vs infinite games (1:13:26) Be a promiscuous reader — Links: • Get our business idea database here https://clickhubspot.com/mfm • VALUEx - https://www.valuex.ch/ • Aquamarine - https://www.aquamarinefund.com/ • Guy’s book - https://tinyurl.com/47zvxatr • Power vs Force - https://tinyurl.com/2fn9peya • Influence - https://tinyurl.com/3z2vyfdt • Shareholder Letters - https://www.berkshirehathaway.com/letters/letters.html • Poor Charlie’s Almanack - https://tinyurl.com/bdf6pcww — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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

4 Syys 20241h 20min

The Top 0.1% Of Ideas I've Stumbled Upon On The Internet

The Top 0.1% Of Ideas I've Stumbled Upon On The Internet

Episode 625: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) are back with George Mack ( https://x.com/george__mack) to talk about the best ideas he’s come across.  — Show Notes:  (0:00) Spotting high agency people (26:12) The Kale phone vs the Cocaine phone (31:37) The obsessiveness of Lee Kuan Yew (37:34) Life as a Midwit meme (43:22) Work like a lion, not like a cow (51:52)The Buffett Coin — Links: • Get our business idea database here https://clickhubspot.com/mfm • Relentlessly Resourceful - https://paulgraham.com/relres.html • 3:1 Work Structure - https://science.drinklmnt.com/lmnt-at-work/lmnt-3-1-work-structure/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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 Elo 20241h

5 Dead Simple Business Ideas You Can Start With A FB Ad | ft. George Mack

5 Dead Simple Business Ideas You Can Start With A FB Ad | ft. George Mack

Episode 624: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) brainstorm cash-printing business ideas with George Mack ( https://x.com/george__mack).  — Show Notes:  (0:00) Intro (2:49) Idea: Self Awareness Test (16:35) Idea: Designer babies (26:30) Idea: Selling eyes as art (30:40) Idea: Personal color analysis (34:45) Idea: Mold removal as a service (40:11) Idea: CMO of the UK (46:43) George's favorite ad campaigns — Links: • Get our business idea database here https://clickhubspot.com/mfm • Cities and Ambition - https://paulgraham.com/cities.html • Jack Skeen - https://jackskeen.com/ • Thinking Fast and Slow - https://tinyurl.com/345d9fsb • Iris Galerie - https://en.irisgalerie.com/ • Ad Professor on Twitter -  https://x.com/The_AdProfessor • r/adporn - https://www.reddit.com/r/AdPorn/ • Ad Professor - https://www.adprofessor.com/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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

30 Elo 202455min

Building A 100+ Year Legacy + Peter Thiel’s Fellowship + Bomb Hiring Questions

Building A 100+ Year Legacy + Peter Thiel’s Fellowship + Bomb Hiring Questions

Episode 623: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the underrated philanthropy style of Peter Thiel, Elon Musk, and Alfred Nobel. MFM Scholarship: Apply for $10K to start The Onion For College - https://www.shaanpuri.com/collegepaper — Show Notes:  (0:00) Alfred Nobel's $266M Legacy (6:06) Competitions vs. Trusts (15:28) Idea: XPRIZE but for companies (19:15) Shaan’s Prize: Win $10K to start a college paper (23:07) How Barstool Sports started (26:47) Peter Thiel’s contrarian philanthropy (32:30) Elon Musks sexy indifference (37:22) Interview questions designed to repel and attract (44:25) Be a harsh grader of people (47:49) Great people are great in the first 2 weeks — Links: • Get our business idea database here https://clickhubspot.com/mfm • Nobel Peace Prize - https://www.nobelpeaceprize.org/ • XPRIZE - https://www.xprize.org/ • Darpa - https://www.darpa.mil/ • Vesuvius Challenge - https://scrollprize.org/ • Kaggle - https://www.kaggle.com/competitions/ • Thiel Foundation - https://www.thielfoundation.org/ • Musk Foundation - https://www.muskfoundation.org/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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

28 Elo 202455min

Bootstrapping a +$1B Business + Selling To The Ultra Rich | Jesse Pujji

Bootstrapping a +$1B Business + Selling To The Ultra Rich | Jesse Pujji

Episode 622: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Jesse Pujji ( https://x.com/jspujji  ) about bootstrapping Ampush and the four levers of digital marketing.  — Show Notes:  (0:00) Unique insight + unfair advantage (3:05) How Jesse bootstrapped Ampush using GLG (14:00) Digital marketing in masterclass in 3 minutes (20:30) How to sell to the ultra rich (27:38) Red Ventures' Playbook (32:40) The Four Big Levers (41:00) Calling Zuck's cell (46:30) Noah Kagan's $100M mistake at facebook (58:45) What's the thing you can't not do? (1:01:00) Nelly performs at Jesse's birthday party — Links: • Gateway X - https://www.gateway.xyz/ • Aux Insights - https://www.auxinsights.com/ • Accordion - https://www.accordion.com/ • GrowthAssistant - https://growthassistant.com/ • GLG Insights - https://glginsights.com/ • Triple Whale - https://www.triplewhale.com/ • Ampush Lead Gen Overview - https://tinyurl.com/mw3f7cbk • Bootstrapped Giants Newsletter - https://tinyurl.com/46t82kk9 — 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/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd 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

26 Elo 20241h 9min

Jack Smith On Biohacking, 2 Easy Business Ideas, PLUS Why Procrastination Is Good

Jack Smith On Biohacking, 2 Easy Business Ideas, PLUS Why Procrastination Is Good

Episode 621: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Jack Smith ( https://x.com/_jacksmith ) about his under-the-radar biohacking experiments plus 2 $1M dollar business ideas. — Show Notes: (0:00) Is reverse-aging a scam (3:23) The 1% of biohacking (12:28) Business idea: Mobile Dexa Scan (25:30) Business idea: Medical tourism brokers (32:06) Anti-beast mode (39:10) Why smart people have bad ideas (45:40) Hunt for the starving crowd (49:27) AppLovin origin story (54:20) Finding demand that feels like a landmine (56:03) Jack's book recommendation — Links: • Get our business idea database here https://clickhubspot.com/mfm • BodySpec - https://www.bodyspec.com/ • Prenuvo - https://www.prenuvo.com/ • Q Bio - https://www.q.bio/ • Aiwo - https://aiwo.com/ • “Why Smart People Have Bad Ideas” - https://paulgraham.com/bronze.html • Vungle - https://vungle.com/privacy/ • The Seven Spiritual Laws of Success - https://tinyurl.com/mwyf6spw • Jack on MFM - https://www.youtube.com/watch?v=SVwLEocqK0E — 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/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd 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

23 Elo 20241h

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