#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(824)

Listen To These 40 Minutes To Unf*ck Your Life

Listen To These 40 Minutes To Unf*ck Your Life

Episode 598: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about which path is worth pursuing: money or passion? — Show Notes: (0:00) The rise and fall of the Lehman Brothers (4:56) The life we live vs the unlived life (9:13) How Jerry Seinfeld puts in the work (12:54) You don't have to save the world (21:45) “What would I work on if I wasn't afraid?” (23:27) Sylvester Stallone and the wolf at the door (30:10) Low Key Billy of the Week: Michael Pryor (39:29) Sam reflects on being popular (40:58) Sam and Shaan's "number" to walk away — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • The War of Art - https://tinyurl.com/4w9evyk8 • Fog Bugz - https://ignitetech.com/softwarelibrary/fogbugz • Stack Overflow - https://stackoverflow.com/ • Joel on Software - https://www.joelonsoftware.com/ • Wander - https://www.wander.com/mfm (Enter to win a free trip and use code MFM300 at checkout for $300 off your booking) • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — 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

19 Kesä 202448min

EXCLUSIVE: $3B Founder Reveals His Next Big Idea

EXCLUSIVE: $3B Founder Reveals His Next Big Idea

Episode 597: Sam Parr ( https://twitter.com/theSamParr ) talks to Brett Adcock ( https://x.com/adcock_brett ) about his next big idea, his checklist for entrepreneurs, and his framework for learning new things and moving fast.  — Show Notes: (0:00) Solving school shootings (3:15) Cold calling NASA (6:14) Spotting the mega-trend (8:37) "Thinking big is easier" (12:42) Brett's philosophy on company names (16:22) Brett's ideas note app: genetics, super-sonic travel, synthetic foods (19:45) "I just want to win" (21:46) Brett's checklist for entrepreneurs (25:17) Being fast in hardware (30:15) Brett's framework for learning new things (33:00) Who does Brett admire — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • Brett Adcock - https://www.brettadcock.com/ • Cover - https://www.cover.ai/ • Figure - https://figure.ai/ — 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

17 Kesä 202438min

He Got Fired By His DAD… So He Built a $60M/yr Empire

He Got Fired By His DAD… So He Built a $60M/yr Empire

Episode 596: Sam Parr ( https://twitter.com/theSamParr ) talks to Craig Fuller ( https://x.com/FreightAlley ) about how he turned dying hobby magazines into a cash flow machine.  — Show Notes: (0:00) Intro (2:45) Economics of long-haul trucking (3:36) Getting fired from the family business (5:30) Fuel cards for truck drivers (6:40) How FreightWaves hit $20M ARR in 2 years (9:08) Acquiring FLYING for $3.5M (12:14) Opportunity: Depressed media properties (16:02) From losing $8 per subscriber to profitability in 1 year (20:31) A media side hustle becomes a real estate main hustle (22:55) Craig's tolerance for being leveraged (25:32) Pre-selling $28M units pre-construction (28:51) Diversity, Asymmetrical risk, and generational security (31:11) Teams to diversify your time (34:21) Building a portfolio of hobby magazines (37:20) Content to commerce playbook (47:03) The story of William Randolph Hearst (51:32) What's the chase? (53:15) "The best thing to give a founder is an enemy" — Links: • FreightWaves - https://www.freightwaves.com/ • Knight-Swift - https://knight-swift.com/ • Firecrown - https://firecrown.com/ • The Chief - https://tinyurl.com/36khrt8y — 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

13 Kesä 202458min

$100M Founder Reveals The Secret To Making Data Profitable

$100M Founder Reveals The Secret To Making Data Profitable

Episode 595: Anand Sanwal ( https://x.com/asanwal ) joins Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) to reveal his playbook for building an insanely profitable data business.  — Show Notes: (0:00) Anand’s data arbitrage playbook (9:51) Starting weird as Chubby Brain (12:03) Don't run 100mph in the wrong direction (14:53) Edge, Collection, and Opportunity (19:24) IDEA: High-end Glassdoor (27:00) IDEA: C-Suite Head Hunting Service (28:57) IDEA: HomeOptions for Founder Exits (32:17) Anand's School of Entrepreneuring (36:03) Learn how to think, not what to think (38:18) The Die-At-Your-Desk Life Philosophy (39:26) Competency-based curriculum (42:47) IDEA: Slime Museums (46:40) IDEA: Autonomous HOA Convenience Stores (51:32) IDEA: Online Addiction Centers (58:51) Leadership lessons from legendary coaches — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • CB Insights - https://www.cbinsights.com/ • Bloomberg article - https://tinyurl.com/32ns9beu • Blackbaud - https://www.blackbaud.com/solutions/total-fundraising-solutions • HomeOptions - https://www.homeoptions.com/ • IMG Academy - https://www.imgacademy.com/ • American Addiction Centers - https://americanaddictioncenters.org/ • Weapons of Mass Instruction - https://tinyurl.com/49s6xhpk • Chasing Perfection - https://tinyurl.com/46hc5zxj • The Score Takes Care of Itself - https://tinyurl.com/4v6k72h3 • The Talent Code - https://tinyurl.com/4h2z9yer • The Learner Lab - https://thelearnerlab.com/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — 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

11 Kesä 20241h 16min

The GameStop Guy Has Returned… (And Has A New $210M Bet)

The GameStop Guy Has Returned… (And Has A New $210M Bet)

Episode 594:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) explain what’s happening with GameStop AGAIN and how Keith Gill turned $56k into $210M with memes.  — Show Notes: (0:00) Roaring Kitty's $200M GameStop holding (8:41) Is Keith Gill the most genius creator behind a brand? (14:53) Where did the $65M come from? (17:44) The 7 Stages of GameStop FOMO (20:00) Ryan Cohen's activist investments in GameStop, Bed Bath and Beyond  (26:34) Shaan's honest take on paternity leave (31:53) Painting the windows black (35:42) Zach Pogrob's The Year of Obsession (37:03) What's the deal with run clubs right now? (39:19) Sexy faces and sexy paces (42:04) Endurance event businesses (45:06) Opportunity: The suburban Iron Man (51:19) Scott Harrison gives Shaan unsolicited feedback — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • wallstreetbets - https://www.reddit.com/r/wallstreetbets/ • Unusual Whales - https://unusualwhales.com/ • WSJ on Ryan Cohen - https://tinyurl.com/4zue9xps • Wander - https://www.wander.com/ • The Lehman Trilogy - https://thelehmantrilogy.com/ • The Year of Obsession - https://tinyurl.com/4nsrh689 • Nick Bare - https://www.instagram.com/nickbarefitness • RAWDAWG - https://www.instagram.com/rawdawgrunclub • River - https://www.getriver.io/ • 29029 Everesting - https://29029everesting.com/ • Rock n Roll Running - https://www.runrocknroll.com/ • thespeedproject - https://www.instagram.com/thespeedproject • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — Enter to win a free trip at https://www.wander.com/mfm and use code MFM300 at checkout for $300 off your booking. — 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

7 Kesä 20241h 1min

25 Years Of Founder WISDOM In 55 Minutes (ft. Jason Fried)

25 Years Of Founder WISDOM In 55 Minutes (ft. Jason Fried)

Episode 593:  Sam Parr ( https://twitter.com/theSamParr ) and Jason Fried ( https://x.com/jasonfried ) open up about personal finances, raising kids around wealth and dealing with risk.  — Show Notes: (0:00) Sam and Jason play Would You Rather... (5:15) Loosening the grip on the stick (12:35) The pale blue dot (14:03) Why does the businessworld deserve our best lessons? (18:30) Early days vs. vs. middle days vs later days (24:47) "A founder's job is to inject risk" (29:36) “Cool wears off but useful never does” (31:07) Striking balance with a business partner (34:14) The value of talking about money (37:28) Navigating luxury with kids (40:08) Midwestern values on blast (43:39) The truth about luck (46:55) Staying up vs. staying off (49:45) New insights from old biographies — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • The Most Important Thing - https://tinyurl.com/9ym3xw5b • Peter Lynch books - https://tinyurl.com/2nf87pzb • The Pale Blue Dot - https://www.planetary.org/worlds/pale-blue-dot • The Messy Middle = https://tinyurl.com/2paw5jmk • Sam’s List - http://samslist.co/ • Newspapers.com - http://newpapers.com/ • Pessimists Archive - https://pessimistsarchive.org/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — 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 — 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

5 Kesä 202458min

This $50M/Yr Side Hustle Is On Track To Make $1 Billion By 2030

This $50M/Yr Side Hustle Is On Track To Make $1 Billion By 2030

Episode 592:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) break down the economics of luxury hobby magazines, make a prediction about Ai cameras, and explain how to find the next tech wave.  Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Craig Fuller's field of dreams (5:12) $50M side hustle (9:16) We call to find out EXACTLY how he did it (19:02) The New York Times is a gaming company (23:27) Idea: Third party LinkedIn games developer (27:00) How rich people spend money (29:00) The myth of the second home (30:57) Ai cameras (36:31) Prediction: A camera on every field, every court (38:31) How to find the next wave: What's the next menus on the internet? (40:41) How to avoid product obsolescence (44:09) "Measure twice. Cut once" — Links: • FreightWaves - https://www.freightwaves.com/ • FLYING Magazine - https://www.flyingmag.com/ • Firecrown - https://firecrown.com/ • Veo - https://launch.veo.co/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow - https://clickhubspot.com/fmf — 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 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

3 Kesä 202451min

He Turned $300/mo Into $3,750,000/mo From GARDENING

He Turned $300/mo Into $3,750,000/mo From GARDENING

Episode 591:  Sam Parr ( https://twitter.com/theSamParr ) talks to Kevin Espiritu ( https://x.com/KevinEspiritu ), AKA The Plant Daddy, about how he turned a side hustle into a $45M business in his backyard. — Show Notes: (0:00) Intro (3:41) $250k playing online poker (6:04) The influence of Pat Flynn (7:43) Cocoa butter cream review site (8:30) Printing on-demand shirts (12:26) From Scribe to $300/mo gardening blog (15:06) Inflection point: The metal raised bed (17:42) Billion-dollar blogs (19:20) Life-changing money (23:56) 5 Languages of the love of money (26:47) Lessons from Ramit Sethi (28:25) Path to $100M through acquisitions (29:19) Buying a seed tray business for less than $500K (33:22) Buying a competing gardening blog (37:00) Acquiring Botanical Interests (42:16) Red and green flags in acquisitions (46:12) The danger of being a celebrity on the internet (48:45) Idea: Branded hybrid plant species (52:38) Floyd Zaiger, the godfather of licenced plants (57:26) The lie behind Blue Zones (1:00:12) The Tesla of chicken coops (1:00:53) Beekeeping (1:04:46) Choosing your hobbies wisely — Links: • Kevin on Youtube - https://www.youtube.com/@kevinmespiritu • Epic Gardening on YouTube - https://www.youtube.com/@epicgardening • The Chernin Group - https://tcg.co/ • The Billion Dollar Creator - https://nathanbarry.com/billion/ • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 — 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

31 Touko 20241h 8min

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