#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(867)

Sam’s +$10 Million Portfolio, Shaan's Money Philosophy and The Spending vs. Saving Paradox

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Reed Duchscher: Inside Feastables, Night Media and Niche Creator Businesses

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Episode 475: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) talk to CEO of Night Media & Mr. Beast’s Manager — Reed Duchscher (https://twitter.com/Reedjd) — abo...

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Threads vs Twitter & Millionaire Sam Ovens Doesn't Believe In A.I. Hype

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Episode 473: Shaan Puri (@ShaanVP) (Threads @shaanvpuri) and Sam Parr (@TheSamParr) (Threads @thesamparr) talk about Threads... the latest competitor to Twitter. And an interview with entrepreneur Sam...

11 Jul 20231h 18min

Tiny Desk Awards: 13 Companies Making $1M+ With 0 Employees

Tiny Desk Awards: 13 Companies Making $1M+ With 0 Employees

Episode 472: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) unveil their list of the best companies making more than $1M annually with no full time employees. Want to see more MFM? Subscribe to the ...

6 Jul 20231h 12min

Masterclass: Money Wisdom from Shaan

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Episode 471: In this episode, Shaan Puri (@ShaanVP) presents a masterclass on money lessons that he has learned over the last ten years. Go to the MFM YouTube channel to watch the presentation. Check...

4 Jul 202324min

Jack Smith:  Selling A Company For $800M At 29, Million Dollar Businesses that Can Be Started Just From Reading a Manual, and More

Jack Smith: Selling A Company For $800M At 29, Million Dollar Businesses that Can Be Started Just From Reading a Manual, and More

Episode 470: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk to entrepreneur Jack Smith (@_jacksmith) about selling his company for $800 million, how he's choosing to raise his child, his latest...

29 Jun 20231h 36min

Long-Lasting Companies, Pandemic Monitoring & Deepfake Businesses

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Episode 469: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about companies that have lasted more than 100 years, business opportunities using deepfake technology, knowing your values, and one ...

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