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Author: My First Million

  • #132 – A Simple Email Hack That Generated Millions, The World’s Cheapest Billionaire, and A Simple Startup Idea No One Has Done

    Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: – The crazy story of J. Paul Getty (Billy of The Week) – The importance of acting the part and story telling in creating your personal brand – What do all successful people have in common? Can you not be intense and be successful? – Who will win the self-driving wars? – Elon Musk is polarizing — is he always right? The story of how he got kicked out of PayPal – An incredible Brooklinen Black Friday sales hack – Why has no one created the landing page for ecomm? – AI generated stock photos is a million dollar idea Reference links: – How to Be Rich by J. Paul Getty https://www.amazon.com/How-Be-Rich-Paul-Getty/dp/0515087378 – How to Get Rich by Felix Dennis https://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp/1591842719 – The PayPal Wars https://www.amazon.com/PayPal-Wars-Battles-Media-Planet/dp/1936488590 – Kyle Vogt video https://www.youtube.com/watch?v=sliYTyRpRB8 – 3D images marketplace https://sketchfab.com/ Have you 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. 

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  • #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 the midwest instead of Brooklyn (3:35) – Sam thinks one company that is ripe for innovation is Subway (5:25) – the guys talk about why Western Union should switch to Crypto and modernize (7:10) – Shaan thinks CVS is another candidate ripe for modernization (12:30) – Shaan explains why Tootsie Roll should go viral (15:45) – Sam and Shaan wonder why new candy bars don’t exist (22:15) – Shaan breaks down a blog post called “Nine Charts About Why Bitcoin is Different This Time” and on if there’s substance behind Bitcoin’s recent rise (30:25) – Shaan pitches a “collaborative search engine” idea that he’s calling Figma for Browsers (36:10) – Could “Substack for video” be a thing? (42:00) – the guys find an interesting bootstrapper online named Jakob Greenfeld (44:35) Reference links: – Chamath’s tweet https://twitter.com/chamath/status/1329578886556839936 – Shinola https://www.shinola.com/ – Gumspy https://gumspy.com/ – Rap Snacks http://www.rapsnacks.net/ – Rokfin https://rokfin.com/ – Why Bitcoin is different this time https://cointelegraph.com/news/this-time-is-different-10-bitcoin-charts-show-that-this-rally-isn-t-like-2017 Have you 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. 

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  • #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 explains his reasoning for shutting down his All Access Pass newsletter – There is a movement towards “5-minute” cities and communities. Culdasac is a startup doing this – What is “solopreneurship”? And why is Shaan so bullish on it – Tiago Forte is building tiny homes – The guys discuss startups doing handwritten notes such as Addressable Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Companies mentioned: – Shaan featured in BI https://www.businessinsider.com/this-vc-has-over-100-lps-on-the-waitlist-for-his-hot-new-rolling-fund-2020-11 – Sam’s “city guides” https://chicago.curbed.com/2014/4/23/10110584/this-week-in-chicago-neighborhood-stereotyping – Culdasac https://culdesac.com/ – Tiago Fortes’ tiny homes https://twitter.com/fortelabs/status/1325969162083004418 and https://www.forteshelter.com/about – Addressable https://www.addressablemail.com/ Have you 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. 

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  • #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 best and taking zero market fit risk – A company profiting by saving the planet – Is Elon Musk the greatest dropshipper of all time? – Parler is creating a free speech Twitter with the backing of conservative billionaires – How WinRed is raising millions for the Republican Party and profiting – Quindl, the Pinduoduo for India and who will build America’s Pinduoduo Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Companies mentioned: – https://www.spyguy.com/ – https://www.deepsentinel.com/ – https://parler.com/auth/access – https://winred.com/ Have you 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. 

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  • 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 Series (where they literally bought a mountain). Sam and Ryan talk about everything from hiring and onboarding talent, how to filter people for high intelligence, how to structure tests, how much to pay recruiters, and more. To listen to the full episode, head over to trends.co for your $1 trial. You’ll get access to future bonus episodes plus our weekly Trends reports, access to a community of entrepreneurs and a lot more! 

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  • #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 Austin (0:30), Shaan pitches an idea about “Class Pass for Billionaire’s Houses” (5:30), the best ad read in the history of MFM and how to growth hack your ads (11:00), Sam and Shaan talk about the pros and cons of a business like Baremetrics (14:25), Shaan contemplates publishing his total financial snapshot over the past year (20:35), Shaan pitches an idea on a Shopify app that connects all DTC brands (26:40), how Italic made smart deals with luxury Chinese suppliers (37:45), Sam and Shaan think someone should gamify a Facebook Ad learning program (42:37), Why Mario Level One is genius (51:27). Thank you to Lemon.io for sponsoring today’s episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Companies mentioned: – Simon’s Escapes: https://www.simonescapes.com/ – Inspirato: https://www.inspirato.com/ – Sponstayneous: https://www.sponstayneous.com/ – List of open startups: https://openstartuplist.com/ – Coop Commerce: https://www.coopcommerce.com/ – The Fascination: https://thefascination.com/ – B8ta: https://b8ta.com/ – Italic: https://italic.com/ – The genius of the first level of Mario: https://www.youtube.com/watch?v=zRGRJRUWafY Have you 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. 

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  • #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 he started his real estate empire (1:25), Shaan asks Nick to summarize how someone makes money in real estate (6:55), Nick explains how he gets deals (13:00), Nick shares how he bootstrapped his business from his dorm room (17:30), Nick tells the story of telling his dad he was starting a moving company when graduating from an Ivey League school (27:00), Sam makes an observations about people from India owning a lot of hotels (36:00), Nick gives some other “low tech” personal services ripe for innovation (43:00). Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Have you 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.

  • 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 opportunities that Jack sees for content creators, how he runs his course, the economics of agencies, and more. To listen to the full episode, head over to trends.co for your $1 trial. You’ll get access to future bonus episodes plus our weekly Trends reports, access to a community of entrepreneurs and a lot more! 

    See acast.com/privacy for privacy and opt-out information.

  • #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 of events. – Sam shares his excitement around Replika (https://replika.ai/) and its implications for the future of relationships. – Shaan brings up Lil Miquela, a non-existing influencer pulling in over $11m. – Can other industries piggyback off the success of RigUp? – The guys discuss the creation of local service franchises that require little upfront capital: Nana and the new Geeksquad. Thank you to our partners this episode: Podium! Podium is an all-in-one SaaS tool that helps your business get reviews. Go to podium.com/mfm for 20% off and a $150 Amazon gift card. Have you 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. 

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  • #125 – What is the Buy, Borrow, Die Process?

    Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host the podcast today with a special guest Aaron, Shaan’s brother-in-law. Shaan’s brother-in-law Aaron joins the podcast and gives some hot takes on “tech-bros” (1:13), Aaron breaks down the “Buy, Borrow, Die” method to avoid paying taxes (3:20), Sam breaks down how he lived in San Francisco when he had no money (17:45), Shaan and Sam talk about the “buy nothing” lifestyle and Buy Nothing Project, a big player in that space (29:32), Sam and Shaan go deep on recycling and how little is actually put back to use (34:35), Shaan explains an AI product that replaces mundane medical care tasks and how boring businesses can make a ton of cash (37:20), the guys kick around important people and how to create a vision for your own life (43:30). Thank you to our partners this episode: Podium! Podium is an all-in-one SaaS tool that helps your business get reviews. Go to podium.com/mfm for 20% off and a $150 Amazon gift card. Have you 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.