#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks
My First Million16 Jun 2021

#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks

Shaan (@ShaanVP) and Sam (@TheSamParr) talk with seed VC Mike Maples (@m2jr). Mike is a co-founding Partner at Floodgate. He has been on the Forbes Midas List eight times in the last decade due to notable investments like Twitter, Twitch, Lyft, and Okta. In this episode he talks about the four big trends he is excited about, the types of companies he likes to invest in, and why a startup isn’t a company. He shares a few of the mental models he uses at Floodgate to evaluate startups and shares the thoughts behind some of his unique turns of phrase. --------- * 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: * (1:02) – Debrief of the episode * (6:37) - Intro to Mike Maples * (9:02) - How Mike thinks about the next big thing * (11:00) – The 4 inflections Mike is excited about * (13:51) – Cloud Offices * (19:33) – A brief history of centralization & decentralization * (22:48) – Examples of software defined companies * (26:14) – A practical way to prepare for the future * (30:23) – How Mike thinks about investing in startups * (33:07) – Startup investing mental models * (37:39) – Mike’s take on "1 to n" businesses * (42:36) – Mike on Balaji * (47:11) – Mike on media companies * (49:49) – Force a choice, not a comparison * (54:46) – Mike’s information diet * (57:40) – Contact info & future topics

Episoder(821)

3 Stories Of People Making Millions In Weird Ways

3 Stories Of People Making Millions In Weird Ways

Episode 651: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the Polymarket whale who made millions off the election, Ozempic for sleep and why Martha Stewart would have been our Billy of the Week in 1999.  — Show Notes:  (0:00) The rise and fall of Martha Stewart (19:04) Ozempic for sleep (33:10) The guts and brains of Polymarket's whale (44:55) Betting vs gambling — Links: • Isaak.net - https://isaak.net/sleepless/ • Polymarket - https://polymarket.com/  • Chainalysis - http://chainalysis.com • Vitalik blog - https://vitalik.eth.limo/general/2024/11/09/infofinance.html  — 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

19 Nov 20241h 4min

Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By 29

Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By 29

Episode 650: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Leila Hormozi ( https://x.com/LeilaHormozi ) about being broke at 22 to making $1,200,000.month by 23.  — Show Notes:  (0:00) Broke, overweight, going no where (3:53) Wake up calls (11:25) The Dickens Method (13:29) Dating Alex Hormozi (18:49) Starting Gym Launch at 23 (20:39) Repeating $0 - $15M in 12 months (23:38) Life after selling gym launch (25:15) "Who you compete with is who you become" (34:28) $10M workshops (35:30) Impatience with actions, patience with results — Links: • Acquisition - https://www.acquisition.com/  • Alex Hormozi on MFM - https://youtu.be/4KfuQwB5rIs  — 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

15 Nov 202447min

Die, Workwear: "This is how to look better in your 20s and 30s"

Die, Workwear: "This is how to look better in your 20s and 30s"

Episode 649: Sam Parr ( https://x.com/theSamParr ) talks to Derek Guy ( https://x.com/dieworkwear ) about how to dress better, have more confidence, and where and how to build a wardrobe that lasts decades.  — Show Notes:  (0:00) Why it matters (3:17) Sprezzatura (6:01) Ralph Lauren (9:33) Advice for the American male (15:16) How to find a tailor (17:21) Why we dress worse now (20:15) How to build a wardrobe (24:54) Budgeting (28:23) Ready-to-wear, made-to-measure, and bespoke (34:21) Personal style nirvana (39:18) Buying for the decade — Links: • Die, Workwear! - https://dieworkwear.com/  • Inside the Mirrortocracy - https://carlos.bueno.org/2014/06/mirrortocracy.html  • The Paradox of Choice - https://www.amazon.com/Paradox-Choice-Why-More-Less/dp/0060005696  • How to Judge Quality in Clothing - https://www.putthison.com/how-to-judge-quality-in-clothing/  — 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 Nov 202446min

Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom  ft. Ryan Petersen

Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom ft. Ryan Petersen

Episode 648: Shaan Puri ( https://x.com/ShaanVP ) talks to Flexport founder Ryan Petersen ( https://x.com/typesfast ) about playing both games: bootstrapping a startup to millions and raising venture capital to build a multi-billion dollar company.  — Show Notes:  (0:00) Import Genius (5:36) Paul Graham's superpower (9:34) Data-as-a-service framework (13:51) Charlie Munger's worldly wisdom (19:45) Prioritizing adventure (24:09) The paradox of wealth (28:51) Charlie Munger's student experiment (31:00) Negotiation masterclass (37:23) Inside Founders Fund (43:16) Being in a crowd v following a crowd (46:29) Highs and lows (48:52) "You can just do things" (50:16) Unseen arbitrages (53:00) $50M Phone booths — Links: • Flexport - https://www.flexport.com/  • Flexport on X - https://x.com/flexport • ImportGenius - https://www.importgenius.com/  • Schlep Blindness - https://paulgraham.com/schlep.html • Poor Charlie’s Almanack - https://www.stripe.press/poor-charlies-almanack  • Founders Fund - https://foundersfund.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 Nov 20241h

6 College Students Pitch Us Their Startups | MFM Shark Tank

6 College Students Pitch Us Their Startups | MFM Shark Tank

Episode 647: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) invite 6 college students to pitch their startup ideas.  — Show Notes:  (0:00) Intro (3:58) Meet Your Class (16:32) Metafrazo (30:21) Milieu (42:47) Brother Nuts (54:14) Tour (1:08:38) Pathlit — Links: • Meet Your Class - http://meetyourclass.com • Jonah Liss -  https://www.linkedin.com/in/jonahliss/  • Blake Mischley - https://www.linkedin.com/in/blake-mischley/  • Metafrazo - http://metafrazo.ai • Shrikar Lekkala - https://www.linkedin.com/in/shrikar-lekkala/  • Milieu - http://milieubio.com • Nathan Shatz - https://www.linkedin.com/in/nathan-shatz/  • Brother Nuts - http://brothersnuts.com • Austin Majors - https://www.linkedin.com/in/austin-majors-6b3275195/  • Tour - http://usetour.com • Amulya Parmar - https://www.linkedin.com/in/amulya-agape/  • Pathlit - http://pathlit.com • Advay Gupta - https://www.linkedin.com/in/advaygupta/  — 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

8 Nov 20241h 31min

I failed 22 times... then I built a $2.5B Company | Christina Cacioppo from Vanta

I failed 22 times... then I built a $2.5B Company | Christina Cacioppo from Vanta

Episode 646: Shaan Puri ( https://x.com/ShaanVP ) talks to Vanta founder Christina Cacioppo ( https://x.com/christinacaci ) about quitting her job and betting on herself.  — Show Notes:  (0:00) Stumblehustling into USV  (4:36) Betting on the left side of your email address (8:30) The art of fear (11:47) Making bad art (13:30) The marshmallow test (17:26) Startup advice to beware of (18:16) The idea for Vanta (21:00) The only question that matters (22:30) Managing your mind (27:47) How to pick an idea to chase (29:03) The real origin of Vanta (31:00) Building a flywheel (36:06) Controversial opinions (40:49) Pushing past the no (46:17) Not flinching during negotiations — Links: • Vanta - https://www.vanta.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

6 Nov 202450min

3 Killer Businesses Hidden in Plain Sight

3 Killer Businesses Hidden in Plain Sight

Episode 645: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about cash-printing businesses that are around us every day and how to spot them.  — Show Notes:  (0:00) $1M dollar product: Water quality testing (8:26) $10M dollar product: EZ Labor Law Posters (15:22) $100M dollar product: Barcodes (22:55) Idea: Casual Friday (28:44) Marketing campaigns that altered culture (36:00) Shaan reads his intro (40:06) "Torches of freedom" (44:42( Sam tours Yale campus (50:59) Idea: YC campus — Links: • Oasis - https://www.oasiswater.app/  • GS1 - https://www.gs1us.org/  • Propaganda - https://tinyurl.com/2fc959jr  • Craig Clemens Episode - https://www.youtube.com/watch?v=5N9rNShYI_g  — 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 Nov 202455min

Inside The Marketing Machine Of Billion-Dollar Presidential Campaigns

Inside The Marketing Machine Of Billion-Dollar Presidential Campaigns

Episode 644: Shaan Puri ( https://x.com/ShaanVP ) talks to author and political campaign expert Sasha Issenberg ( https://x.com/sissenberg ) about the marketing machine behind presidential elections.   — Show Notes:  (0:00) The malarky factory and The Harm Index (18:55) Trump's 2016 playbook (28:18)Kamala's viral clip factory (32:35) Who’s running a better 2024 campaign? (35:04) What is Elon's role in Trump's campaign (38:31) The lopsided downside of doorknocks (42:25) Deepfakes and new tools in campaigning (45:58) "The podcast election" (50:00) The new playbook for winning in the age of meme wars (54:15) Most mis-priced opportunity in elections — Links: • Sasha Issenberg - https://www.sashaissenberg.com/ • The Victory Lap - https://www.amazon.com/Victory-Lab-Science-Winning-Campaigns/dp/0307954803  • The Lie Detectives - https://www.amazon.com/Lie-Detectives-Playbook-Elections-Disinformation/dp/B0CFN6WM3Y  — 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 Nov 20241h 3min

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