#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(820)

#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff

#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff

Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, trends and businesses. We're joined by Zak Kukoff (@ZCK), a 25 year old VC of $500M Emergence Capital (emcap.com) who's home runs have been Zoom, Salesforce, Veeva, Yammer and more. Topics for today: Introducing our guest Zak Kukoff (1:22), Equity vs Cash comp debate (3:40), Zak leaving school at 16 to raise money (6:49), Does investing in young people work? Should they be building businesses or partying? (11:12), Deskless workforce (17:49), The passion economy (23:43), How and when to build a sales team to accelerate growth (33:07), Buying engineering-led businesses and raising the prices (36:22), AI teachers in sales & language (38:35) & Optimizng your copy (46:39).  See acast.com/privacy for privacy and opt-out information.

1 Maalis 202055min

#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek

#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek

Sam (@thesamparr) is back from his New York trip to chat with Shaan (@shaanvp) about ideas, trends and businesses. Today, mid-way through we're joined by Julia Cheek (@JuliaTCheek) who is the CEO and Co-Founder of $50M backed EverlyWell, a digital health startup providing at-home medical testing kits and redesigned lab results - which did $40m in sales last year. Topics for today: Sam's time in New York (2:05), Preparing for podcasting and interviews (5:22), Meetup at Sam's Airbnb (8:47), Reality 2020: Shaan's upcoming trip to Israel (12:20), Their thoughts on Corona Virus situation (15:12), Transparent numbers in a business (24:27), New fintech platforms like Pipe.com (32:17), Julia Cheek joins the pod (38:00), Julia's background at Harvard and starting her company (40:20), Her experience on Shark Tank (44:41), How rich are the sharks? (51:31), How much traffic did she get from being on the show (52:56), How her business works (56:10), Sam thinks food allergy testing is BS (58:02), Sexual health is a massive opportunity (1:00:17), Her best customer acquisition channels (1:02:18), Bootstrapping businesses (1:04:12), Turning her idea into reality (1:07:36), Price transparency is the next big thing in healthcare & Insurance (1:12:28), HR Systems (1:16:11) and Stay at home tests (1:17:35).  See acast.com/privacy for privacy and opt-out information.

29 Helmi 20201h 22min

#50 - Digital Tithing, Influencer Based Cloud Kitchens & Uber Driver Revenue Streams with Stu Iverson

#50 - Digital Tithing, Influencer Based Cloud Kitchens & Uber Driver Revenue Streams with Stu Iverson

With Sam (@thesamparr) gone, Stu (@StuIverson) takes his place. Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Who is our guest Stu (0:14), Podcast studio is looking legit thanks to @henrybillings5 (1:33), Importance of building a community to be successful (2:51), Why you should still cold email (7:24), Investing in listeners startups (9:14), Religion isn't declining like you think - beautiful bibles, digital tithing, music & merchandising (15:38), Deciding whether to earn, learn or legacy (24:43), Uber driver revenue streams (30:06), Influencer based cloud kitchens (36:04), Tyson Fury fight (44:10) and App store for business templates (51:44)  See acast.com/privacy for privacy and opt-out information.

28 Helmi 202056min

#49 - Meeting Bitcoin's Billionaire Kingpin, Boy Scouts Files for Bankruptcy & Branded Canned Water

#49 - Meeting Bitcoin's Billionaire Kingpin, Boy Scouts Files for Bankruptcy & Branded Canned Water

POR FAVOR: Sam is going on Gary V's podcast monday. It would be hilarious if hundreds of us tweeted @garyvee how lucky he is to have @thesamparr on his podcast. Topics for today: Debate a new canned water brand (Liquid Death) (1:31), The "Silicon Valley Clock" (8:03), Sam's crazy story meeting the founder of Silk Road who had $10B worth of Bitcoin (and then got arrested) (11:27), Boy scouts files for bankruptcy (20:13), The next big membership groups (26:30) and Dealing with rejection the right way (36:15).  See acast.com/privacy for privacy and opt-out information.

23 Helmi 202043min

#48 - NSFW Tech, HQ Trivia & Auctions

#48 - NSFW Tech, HQ Trivia & Auctions

Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Topics for today: Playboy for Snapchat generation & Patreon for Porn (1:49), Seven sin investing (6:44), Fast loading porn GIFS (8:26), Back to building NSFW brands (12:56), HQ Trivia and why it died (14:07), Limited edition food launches (17:12), Back to HQ Trivia and repurposing it for education (22:21), Children allowance apps and cards (24:51), Sleep products (25:52), DIY perfume (29:34), Auctions & Marketplaces (32:19), Shaan's career advice on which company to work for (41:00), Where would Sam and Shaan work at today if they were 21 again (47:29). Please if you can leave us a 5 star review on Apple Podcasts and show your friends the pod!  See acast.com/privacy for privacy and opt-out information.

22 Helmi 202052min

#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers

#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers

Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. We've partnered once again with the online business broker Quiet Light Brokerage, they want to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Paying to lose weight (01:26), Private equity rollups in cleaning, dental & locksmiths (04:22), Buying nursing homes (08:47), Back to private equity talk (10:30), Baby locked in a room story (13:02), Public dental companies (14:26), Barstool's genius marketing with 'Zillion beers' campaign (17:58), Mr Beast & Content burn out (21.44), Rupert Murdoch's elite meeting at CES (This one's good, 26:14), Revenge against spam callers & robot lawyers (32:13), Charlie Munger thoughts on Elon Musk and if you'd hire a wildcard or someone prudent (37:02), Risky investing (41:31), Listener's chess tutoring biz and if he should continue (45:00), Restaurant refills & other boring but large businesses (50:05) and lastly the crazy world of auctions and collecting (53:10).  See acast.com/privacy for privacy and opt-out information.

20 Helmi 20201h 4min

#46 - Corporate Universities, Hotel Experiences & New Credit Cards with Lance Armstrong

#46 - Corporate Universities, Hotel Experiences & New Credit Cards with Lance Armstrong

Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today Lance Armstrong (@lancearmstrong) happened to drop by to talk investing and celebrity life. Join our FB group: facebook.com/groups/ourfirstmillion. Topics for today: Brandless.com shutting down (2:58), Buying dying businesses (7:53), Hybrid VC's (9:32), Launch of Ramp Capital (11:13), Corporate universities & online degrees (13:47), Lance Armstrong joins! (18:26), New beverage companies (21:07), Is investing boring? (22:47), Hotels offering more experiences (27:07), Are celebs on Cameo broke? (30:12) and Shaan's last minute meeting idea (33:35).  See acast.com/privacy for privacy and opt-out information.

15 Helmi 202037min

#45 - Drones Washing Windows, Airpod Guided Tours & Mario Kart VR with Furqan Rydhan

#45 - Drones Washing Windows, Airpod Guided Tours & Mario Kart VR with Furqan Rydhan

Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today we’re joined by Furqan Rydhan (@FurqanR) who is a tech badass. He was paid $120K as a 15 year old programmer during the Dot Com Boom, made a million dollar e-com biz at 17 and was an early employee at Applovin that was valued last at $2 billion. Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Our Guest’s @FurqanR Background (00:36), Funny Story about Vungle’s Jack Smith and Lance Armstrong (07:12), The Process of Brainstorming Ideas (09:36), VR/AR Experiences (10:16), Opportunities in Reviving Stale Franchises and Company Turnarounds (17:07), iPad Whiteboard Meeting Idea (22:44), Reinventing the Phone Call through Airpods (27:51), Furquan’s House Hackathon Ideas (29:49), Serialized Story Apps like Hooked (37:09), Drone Washing Windows on Big Buildings (38:38), Money Printing Mobile Apps (44:44) and What Furqan learnt being Applovin (50:20).  See acast.com/privacy for privacy and opt-out information.

14 Helmi 202058min

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