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

Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: Escape your city with new modular homes (4:20), Cerro Gordo was a ghost town in California sold for $1.2M (10:45) how to make channel/market fit by learning from TikTok (14:45), Shaan introduces an new twist on the stock market (17:00), Sam and Shaan reminisce on missed opportunities and how much money they would’ve made if things didn’t fall through (25:10), Shaan explains limited details on a very interesting opportunity that came to him in the past few days (38:37). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

23 Okt 202046min

Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: Sam and Shaan debate the merits and opportunities with Hopin and other digital event apps (7:25) How to make trade shows better with a lesson from Alibaba (14:10), Shaan explores a few different companies that are doing financial services for creators (31:00), Shaan and Sam riff on a hypothetical chrome extension to see what influencers are buying (34:25), how to “diverge and converge” for better brainstorming and design thinking (42:35), the guys try to come with answers for the existential question, if you already had all the money you’re working for, what would you do? (51:35). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

21 Okt 20201h 1min

This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Shaan Puri (@ShaanVP) aka the King of Frameworks shares his favorite ten frameworks: 1. Intro (1:38) 2. Your TO-Do List is Killing You (2:25) 3. How To Kickoff a Project (5:16) 4. Big Mario Marketing (8:41) 5. Getting Un-Stuck (11:40) 6. Having an Audience is Like Steroids (20:05) 7. All News is Good News (21:54) 8. Work Like a Lion (23:31) 9. Don’t Sell Saddles (24:47) 10. Cold Emailing to Close Sales (26:46) Get the PDF version with illustrations at www.shaanpuri.com. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

16 Okt 202029min

The best business hack ever: Learn how to hire CEOs to run your company. This is a short preview of a special edition episode for Trends subscribers. In this ep, we talk to Andrew Wilkinson, founder of Tiny...a startup conglomerate that owns 20 different companies, each with their own CEO. This ep is for Trends members only but we wanted to give you a taste. For the full episode, along with eps like this, more research, and access to our community go to: https://trends.co/  See acast.com/privacy for privacy and opt-out information.

15 Okt 202018min

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Josh Elman (@joshelman) on the pod today. Elman is a veteran of LinkedIn, Twitter, Facebook, and Robinhood to name a few. This guy knows Silicon Valley and growth better than anyone else. In today’s episode you’ll hear: Shaan asks Josh to give his background (1:00), Sam asks if it’s better to start your own thing or climb your way up in a tech startup (8:25), Elman answers the question “what technology or company has that 10x or 100x potential in the next few years (9:15), Josh explains the “meta-verse” or “the third place” and how AI will lead the way there (18:15), how the TV show Black Mirror has influenced tech (24:55), Elman unpacks his time at Stanford and the power of being around intelligent people and gives some stories on his early days at Unicorn companies (31:00), Sam puts Josh on the spot and asks him how he can 10x his own business (47:35), This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

14 Okt 202054min

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Harley Finkelstein (@harleyf) on the pod today. Harley is the COO of Shopify. In today’s episode you’ll hear: Sam and Harley share a hilarious but effective way to recruit senior employees (0:30), Harley gives his background and how he became the COO at Shopify (2:52), Shaan brings to light some interesting emails from the early investment rounds of Shopify (9:30), Harley shares some of the major things he’s seeing in retail during COVID (19:30), Sam asks Harley which companies he’s seen that can be successful on Shopify (30:00), Harley explains how Cardi-B can build a brand on Shopify (37:55), The guys kick around ideas related to Shopify Apps that don’t exist that should exist (45:30), Harley explains the future of retail as he sees it (53:45). This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

9 Okt 20201h 1min

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Austen Allred (@Austen) on the pod today. Austen is the founder of Lambda School (@LambdaSchool). In today’s episode you’ll hear: Austen gives background on Lambda School and explains the challenges and opportunities in the education space (1:05) Shaan asks Austen to explain his rise from sleeping in a car in San Francisco to running Lambda School (14:00), Austen talks about how his Mormon mission prepared him for a life in business (20:28), Austen breaks down how colleges make money off of application fees (28:35), The guys talk about the big business of college entrance exams (36:35) Austen pitches his idea of increasing productivity at companies by reducing the slack from employees (47:20), the guys discuss the pros and cons of employee tracking software in the age of COVID and mass remote work (50:33), Shaan asks Austen to predict ways different “Lambda School’s for X” are going to grow into the future (58:00). Thank you to our sponsor Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

7 Okt 20201h 1min

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Kelly Erb (@taxgirl) on the pod today. In today’s episode you’ll hear: Shaan introduces Kelly Erb and she gives her take on President Trump’s tax return (0:20), Shaan asks Kelly “what should business owners look at to minimize their own tax liability (10:30), Kelly gives some key tax points to focus on for business owners and how to think about expenses (16:05), Sam asks Kelly to explain QSBS for the listeners, Sam and Shaan riff on businesses that look big, but are actually operated by one or two people (32:30), Sam talks about what kind of guests he likes on the podcast (40:50), the guys talk about how involved a company should be in a political stand based on a letter from the Coinbase CEO (47:10). Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

2 Okt 202056min