#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses
My First Million23 Sep 2020

#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses

(0:46) The guys break down Frank Slootman (Snowflake founder’s) Linkedin post, (7:45) Sam brings up Rocket Internet, a German company that clones mainstream startups in smaller geographic markets. They scale quickly and are formulaic, (8:30) Sam is fascinated by Danny Meyer, founder of Shake Shack among other places, (10:05) Shaan shares his story about the Melman’s and their empire, Lettuce Entertain You, (13:38) The guys discuss Hamdi Ulukaya the founder of Chobani, (17:50) The guy’s talk blue collar businesses, including Waste Management and its founder Wayne Huizenga, (19:30) The story of Rose Blumkin, founder of Nebraska Furniture Mart, (21:11) Shaan talks about his water problem and subscription water companies like ReadyRefresh and Culligan, (27:40) The Uber for evictions: Civvl, (31:26) The student debt market explained, (34:42) B2B vs consumer businesses Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. 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. See acast.com/privacy for privacy and opt-out information.

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Episoder(865)

#9 - Bonus episode! Answering listener questions

#9 - Bonus episode! Answering listener questions

There's a lot of you out there and we (showrunners Shaan Puri - @ShaanVP & Ishan Haque - @IshanHaq) wanna spend some time chatting to you and answer some of your questions about the pod, your hustle a...

18 Aug 201934min

#8 - Real Estate: How The Wassermans Do What They Do

#8 - Real Estate: How The Wassermans Do What They Do

We have on Gelena (@gelenasays) & Keith Wasserman (@Keith_Wasserman), a husband and wife Real Estate duo who borrowed $5k during the end of the 2008 recession and have turned it into a $1.3 billion do...

14 Aug 201957min

#7 - The Hippie With A Billion Dollars

#7 - The Hippie With A Billion Dollars

Michael Birch sold his social networking site to AOL for $850M....and then bought it back for $1M years later. (buy low, sell high. boys and girls). His business portfolio is impressive. He's an early...

7 Aug 201958min

#6 - How This Silicon Valley Outsider Hustled His Way to $750M Exit - Meet Vungle's Jack Smith

#6 - How This Silicon Valley Outsider Hustled His Way to $750M Exit - Meet Vungle's Jack Smith

Jack Smith (@_jacksmith) is the most clever entrepreneur I know. He’s cofounded multiple startups: Vungle, Coin, Shyp. With Vungle recently selling for $750M. We talk about his early businesses as a k...

31 Jul 201950min

#5 - The First Viral Website: "Hot or Not"

#5 - The First Viral Website: "Hot or Not"

James Hong (@jhong) is the creator of Hot or Not? He sits down to tell us how the silly website went from 42 friends, to 2 million page views per day within a week. I love his philosophy of running it...

23 Jul 201951min

#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch

#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch

Who knew a product about other products could be worth tens of millions... Ryan Hoover (@rrhoover) tells us the struggle of trying to find a place in the startup world and how to tackle job rejection ...

16 Jul 201950min

#3 - Making Millions off an Email Newsletter?! Sam Parr from The Hustle Tells All

#3 - Making Millions off an Email Newsletter?! Sam Parr from The Hustle Tells All

Sam Parr (@theSamParr) is the founder of The Hustle - a simple email newsletter that has surpassed 1M daily subscribers and will be north of 8 figures this year. Sam walks us through how he built The ...

9 Jul 201951min

#2 with Ramon Van Meer - Blogging His Way To $9M in Cash

#2 with Ramon Van Meer - Blogging His Way To $9M in Cash

Ramon Van Meer (@ramonvanmeer) has never seen a soap opera. Yet somehow, he built the most popular soap opera blog on the planet - and was raking in millions per year! Today's conversation is about ho...

2 Jul 201951min

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