#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.

Episoder(820)

5 Random But Useful Things I Learned At A Private Equity Conference

5 Random But Useful Things I Learned At A Private Equity Conference

Episode 635: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the things Shaan learned while at Re-convene in Los Angeles.  — Show Notes:  (0:00) the low-status-technique for becoming high-status at a conference (7:09) the richer the guy, the weirder the guy (12:17) dressing well vs. dressing comfortably (18:25) meeting mike posner (26:06) little luxuries  — 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 Okt 202432min

The guy who gets paid $80K/yr to do nothing

The guy who gets paid $80K/yr to do nothing

Episode 634: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk  about Shoji Morimoto, the Japanese guy who’s making $80k/yr renting himself out to friendless people, Autopilot’s viral marketing stunt, PLUS how to make $1M in 8 weeks. — Show Notes:  (0:00) The Do Nothing Man: $80K/yr for doing nothing (4:23) The new male situationship (11:24) Setting long term intentions (14:06) Non-sexual companionship-as-a-service (21:52) Professional grievers (24:18) Autopilot’s badass marketing stunt (32:37) Blue Collar Side Hustle: Porch Pumpkins ($1M in 8 weeks) — Links: • Rent a Friend - https://rentafriend.com/ • Papa - https://www.papa.com/ • Sugar Daddy - https://www.sugardaddy.com/ • Autopilot - https://www.joinautopilot.com/ • Porch Pumpkins - https://porchpumpkins.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

2 Okt 202444min

Steph Smith: “This opportunity is totally overlooked”

Steph Smith: “This opportunity is totally overlooked”

Episode 633: Sam Parr ( https://x.com/theSamParr ) talks to Steph Smith ( https://x.com/stephsmithio ) about the mega trend called the Silver Tsunami. — Show Notes:  (0:00) Silver tsunami (7:10) Perimenopause = 6k new customers a day (10:57) One chart opportunity: Nursing homes and assisted living (18:28) Why entrepreneurs are sleeping on this space (20:11) Opportunity: Measuring and tracking (27:36) Idea: Stava for CGMs (39:41) Idea: Solutions for nerd neck (44:19) Idea: Niche paddle sports leagues (56:18) The smile curve — Links: • Our World In Data - https://ourworldindata.org/ • The Longevity Imperative - https://tinyurl.com/mr2m46vk • Bonafide Health - https://hellobonafide.com/ • Gennev - https://www.gennev.com/ • All Akiyas - https://www.allakiyas.com/ • Numlock News - https://www.numlock.com/ • Outlive - https://tinyurl.com/ybewhrw4 • Levels - https://www.levels.com/ • Dexcom - https://www.dexcom.com/ • Stelo - https://www.stelo.com/ • Q Bio - https://www.q.bio/ • Internet Pipes - http://internetpipes.com/ — 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

30 Sep 20241h 1min

From Navy SEAL To Viral Content Creator - MrBallen’s Insane Story

From Navy SEAL To Viral Content Creator - MrBallen’s Insane Story

Episode 632: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to John Allen ( https://x.com/MrBallen ) and Nick Witters ( https://x.com/themrwitters ), the minds behind MrBallen and Ballen Studios.  — Show Notes:  (0:00) Being a creator on hard mode (7:19) Slow is smooth and smooth is fast (8:44) Being hit by a grenade in combat (17:03) Elite Meet (18:29) John's TikTok ideas bank (21:42) The SEALs turn on John (25:02) How telling 1 story launched MrBallen (28:18) Getting unstuck (35:02) Be rich or be a king? (40:44) The North Star for Ballen (44:00) 1 thing to be a better storyteller — Links: • MrBallen on YouTube - https://www.youtube.com/c/MrBallen • MrBallen on TikTok - https://www.tiktok.com/@mrballen • Ballen Studios - https://ballenstudios.com/ • Elite Meet - https://elitemeetus.org/ • Dyaltov Pass TikTok - https://www.tiktok.com/@mrballen/video/6799049964937809157 — 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

27 Sep 202451min

How I Went From Broke to $7 Million With An Airbnb Business

How I Went From Broke to $7 Million With An Airbnb Business

Get our episode with MrBallen before anyone else: https://clickhubspot.com/mbe Episode 631: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Isaac French ( https://x.com/isaacfrench_ ) about how to he bought his first investment property at age 24 with $2K down and sold it 2 years later for $7M.  — Show Notes:  (0:00) Buying an investment property with $2K (9:53) $7M exit in 2 years (16:41) Repeating the formula (20:35) Blueprint for flipping properties into Airbnbs (27:27) Mistakes to avoid (31:07) Games that are easy to play, but hard to win (34:56) How to write 20M view threads (54:58) 2 quotes to live by — Links: • Isaac’s Newsletter - https://www.isaacjfrench.com/newsletter • Live Oak Lake - https://www.liveoaklake.com/ • Isaac on IG - https://www.instagram.com/isaacfrench_/ • Isaac on X - https://x.com/isaacfrench_ • Isaac on YouTube - https://www.youtube.com/c/isaacfrench • Isaac on LI - https://www.linkedin.com/in/isaacjfrench • Experiential Hospitality - https://www.experientialhospitality.com/ • Isaac’s site - https://www.isaacjfrench.com/ • Unreasonable Hospitality - https://tinyurl.com/3j8ymjpp — 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

20 Sep 202459min

From Nonprofit Founder To Building A $300M Pilates Business

From Nonprofit Founder To Building A $300M Pilates Business

Get next week's episode early, watch it right now: https://clickhubspot.com/mbe Episode 630: Sam Parr ( https://x.com/theSamParr ) talks to Anne Mahlum ( https://www.instagram.com/annemahlum/ ) about starting an $8M/yr charity from scratch and betting her entire life savings ($175K) on a pilates studio.  — Show Notes:  (0:00) Building a $8M/yr non-profit  (16:27) The economics of [solidcore] (22:07) Play a game you can win (24:16) How to be a killer negotiator (27:00) Turning down $75k (30:39) 0 - 27 locations in 4 years (43:50) Idea: Endurance events (50:21) Idea: Taboo for recruiters (51:37) Idea: AI Personal trainer (56:45) Idea: SeatGeek for airlines — Links: • Back on My Feet - https://backonmyfeet.org/ • [solicore] - https://www.solidcore.co/ • 29029 - https://29029everesting.com/ • HYROX - https://hyrox.com/ • OxeFit - https://www.oxefit.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

18 Sep 20241h 5min

10 Startups w/ Stock Grants That’ll Make You A Millionaire | Sara’s List 2024

10 Startups w/ Stock Grants That’ll Make You A Millionaire | Sara’s List 2024

Episode 629: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) bring you the third installment of Sara’s List. A path to wealth that doesn’t involve insane amounts of risk, luck, or burnout. Just get a job at the right company. The criteria? Growth-stage startups that have the potential to 5-10x over the next 5 years. — Show Notes:  (0:00) Auditing Cohort 1 (9:56) OpenAI (12:07) Retool (17:04) Mercury (23:04) Cursor (27:28) Epirus (33:30) Wiz (42:52) Neuralink (46:00) Perplexity AI (49:43) Traba (54:54) Replit — Links: • OpenAI - https://openai.com/ • Retool - https://retool.com/ • Mercury - https://mercury.com/ • Cursor - https://www.cursor.com/ • Epirus - https://www.epirusinc.com/ • Wiz - https://www.wiz.io/ • Neuralink - https://neuralink.com/ • Perplexity - https://www.perplexity.ai/ • Traba - https://traba.work/ • Replit - https://replit.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

13 Sep 20241h 21min

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 Sep 20241h 7min

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