#208 with Steph Smith - Why You Need a Chief Automation Officer
My First Million11 Elo 2021

#208 with Steph Smith - Why You Need a Chief Automation Officer

In this episode Shaan (@ShaanVP) is joined by Steph Smith (@stephsmithio) for an idea packed episode. They start off talking about opportunities around spending your FSA dollars and on swag packs. They transition to talk about the role of automation at companies and Steph shares how she would go about automating repetitive parts of her role. The end the episode talking about Steph's new course, approaches to building a company, and Fidelity allowing trading accounts for teenagers. --------- * Want Steph's course? You can find it at https://doingtimeright.com * 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: * (1:06) Intro * (2:20) Ideas around spending your FSA dollars * (15:58) Ideas around giving out awesome swag * (21:52) The role of chief automation officer * (27:37) Building a company around automation * (35:03) Giving away free alcohol as marketing * (41:22) How Steph invests her time & money * (43:50) Steph's new course - doingtimeright.com * (47:44) Approaches to building a company * (51:39) Fidelity allowing teenagers on the platform * (56:52) How to find Steph online

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#26 - Shopify Spy Tool, Apartment Plants & Lucrative Content Sites

#26 - Shopify Spy Tool, Apartment Plants & Lucrative Content Sites

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. We're hosting a meetup on the 21st November in San Francisco, check out details here: https://bit.ly/354TQ7H. This week these two discuss: the top businesses using Shopify (Check the ranking tool here: https://myip.ms/browse/sites/1/own/376714), millennial apartment plants, science fiction workout bikes, D2C hallucinogenics and businesses that you can start with $1000 this weekend that could turn into a $100M+ revenue biz.  See acast.com/privacy for privacy and opt-out information.

15 Marras 201917min

#25 - Mission Driven: Bringing Solar Power to 1M People in Africa

#25 - Mission Driven: Bringing Solar Power to 1M People in Africa

He's not on a mission to make money, quite the opposite. Xavier Helgesen is a mission driven founder, who uses money to do more good in the world. His first company, Better World Books sells 10 million used books a year that's collected by leftover books at libraries - in and shares revenues with literacy partners (Over $25M given to non-profits). This business lead him to Africa, where he noticed 20,000 people in a village had no electricity - so he decided to change that. He created Zola Electric, the largest solar power company in Africa, providing 1 million people with electricity per day. He talks to us about how he turned his college side hustle into a $70M biz, moving next to his customers in Tanzania, selling electricity to people who never used electricity and how ‘Mutual Improvement Societies’ could help you 10x your life.  See acast.com/privacy for privacy and opt-out information.

13 Marras 201946min

#24 - Unicorn Signals, Alternative Milk & Movie Incubators

#24 - Unicorn Signals, Alternative Milk & Movie Incubators

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about creating a Y-Combinator for content production, signals that predicts future unicorns, transferring your work desk into your home, AirBnB for concerts, alternative milk boom and re-positioning existing products. We are holding a Q&A episode next week, send us your questions to: puri.shaan@gmail.com.If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.

10 Marras 201931min

#23 - Disney for Dogs

#23 - Disney for Dogs

Henrik Werdelin (@werdelin) is your dog's best friend. No really, he sends your dog gifts every month. Millions of dogs around the world love this guy, and that's why his dog treats & toys monthly subscription box business is booming. BarkBox is reported to have made $250 million last year. Damn, I wanna be his best friend too. Listen up as he talks about creating Disney experiences for dogs, meeting his co-founder on a cruise (and shared a heart-shaped bed), hijacking MTV at 2am, having 150+ doggy influencers on payroll, reverse engineering online dating to meet his wife and most importantly, how to set up systems in place to make better life choices. Read more about his 8 + 1 system here: https://bit.ly/2X17GVW.  See acast.com/privacy for privacy and opt-out information.

6 Marras 201943min

#22 - Cloud Kitchens, Kava Bars & Religious Products

#22 - Cloud Kitchens, Kava Bars & Religious Products

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about food joints that no one visits and only serves people through delivery, bars that get you semi high, making products from the largest free IP: religion, businesses that eliminate choice, non-alcoholic beverages, profiting off book summaries and fixing dog owner issues.If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.

1 Marras 201932min

#21 - How To Value, Sell and Buy Online Businesses

#21 - How To Value, Sell and Buy Online Businesses

I want to buy your business. What's your discretionary earnings? or how about you buy mine, can you get an SBA loan approved? No idea what we're talking about? Don't worry, Joe Valley (@JoeValley2) from Quiet Light Brokerage breaks down exactly the specific concepts and the tactical approach you will need to learn to value, buy and sell online businesses. He's one of the best in the biz so listen up because he knows his sh*t.  See acast.com/privacy for privacy and opt-out information.

30 Loka 201943min

#20 - Reinventing The Autograph

#20 - Reinventing The Autograph

The infatuation of Celebrity is something we can all relate to and Steven Galanis (@Mr312) is making sure to take opportunity of that. When was the last time you got a celeb to sign something of yours? Nowadays you'd grab your phone in a heartbeat to snap a pic and share it on the gram or "it didn't happen". Steven built Cameo so you can just pay your favorite celebrity to say (almost) whatever you want. And it's becoming huge. It's a great story that I think you'd love to hear.  See acast.com/privacy for privacy and opt-out information.

23 Loka 201925min

#19 - Drone Light Shows, No Code Movement & Plugin Empires

#19 - Drone Light Shows, No Code Movement & Plugin Empires

The Hustle's My First Million presents: Million Dollar Brainstorm. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about the no code movement, reinventing fireworks through drone light shows, creating a brand around miniature things, putting tiny houses in your backyard, the huge business of website plugins and social agencies. If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.  See acast.com/privacy for privacy and opt-out information.

20 Loka 201932min

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