#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(838)

#131 - The Companies We Would Buy and Fix and A Multi-Million Dollar Rapper Snack Business

#131 - The Companies We Would Buy and Fix and A Multi-Million Dollar Rapper Snack Business

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Shaan finds Internet gold in the Twitter replies from followers of Chamath (1:45) - Sam explains why Casper mattress company should be in th...

25 Nov 202052min

#130 - How Solopreneurs are Making $1m+, Why Lists Suck, and The 5 Minute City

#130 - How Solopreneurs are Making $1m+, Why Lists Suck, and The 5 Minute City

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host today's podcast. They discuss: - Shaan and his fund were featured in Business Insider - The guys talk about the business of "list making" - Shaan ...

20 Nov 202056min

#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key Company Making Millions From Politics

#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key Company Making Millions From Politics

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host today's podcast. They discuss: - The business of spy gear and home security - The importance of leverage in business, which business models are be...

18 Nov 202058min

MFM x Trends - The Fundamentals of a ~$60m Newsletter Exit With Ryan Begelman

MFM x Trends - The Fundamentals of a ~$60m Newsletter Exit With Ryan Begelman

Sam interviews Ryan Begelman about exactly how he has operationalized multiple successful businesses, including BizNow (which sold for $60m in cash, doing $20m in revenue and $6m in profit) and Summit...

17 Nov 202021min

#128 - Open Startups, A Mysterious Bag Lady, and Gamifying Facebook Ads

#128 - Open Startups, A Mysterious Bag Lady, and Gamifying Facebook Ads

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host the podcast together today with no guest. In today’s episode you’ll hear: An update on Sam’s whereabouts and how he ended up buying a house in Aus...

13 Nov 202056min

#127 with Nick Huber - Building a $10m Self-Storage Business and the Opportunities in "Sweaty Startups"

#127 with Nick Huber - Building a $10m Self-Storage Business and the Opportunities in "Sweaty Startups"

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host the podcast today with special guest Nick Huber (@sweatystartup), self-storage investor. In today’s episode you’ll hear: Nick’s background and how...

11 Nov 202054min

MFM x Trends - How Jack Butcher Used Twitter to Generate $1m in 18 months (From Scratch)

MFM x Trends - How Jack Butcher Used Twitter to Generate $1m in 18 months (From Scratch)

Jack Butcher talks about how he's built up Visualize Value and "Build Once, Sell Twice", where he's productized his services. Sam and Jack talk about scaling to $1m in revenue in 18 months, plus other...

9 Nov 202020min

#126 - A Nonexistant Influencer Pulling in Over $10m and The Big Opportunities With Hyperlocal Franchises

#126 - A Nonexistant Influencer Pulling in Over $10m and The Big Opportunities With Hyperlocal Franchises

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - How do you make podcast ads better? - Shaan and Sam discuss the election and the myths around it. - Ideas around improving live consumption ...

6 Nov 202050min

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