#47 – Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. We’ve partnered once again with the online business broker Quiet Light Brokerage, they want to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Paying to lose weight (01:26), Private equity rollups in cleaning, dental & locksmiths (04:22), Buying nursing homes (08:47), Back to private equity talk (10:30), Baby locked in a room story (13:02), Public dental companies (14:26), Barstool’s genius marketing with ‘Zillion beers’ campaign (17:58), Mr Beast & Content burn out (21.44), Rupert Murdoch’s elite meeting at CES (This one’s good, 26:14), Revenge against spam callers & robot lawyers (32:13), Charlie Munger thoughts on Elon Musk and if you’d hire a wildcard or someone prudent (37:02), Risky investing (41:31), Listener’s chess tutoring biz and if he should continue (45:00), Restaurant refills & other boring but large businesses (50:05) and lastly the crazy world of auctions and collecting (53:10). 

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#46 – Corporate Universities, Hotel Experiences & New Credit Cards with Lance Armstrong

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today Lance Armstrong (@lancearmstrong) happened to drop by to talk investing and celebrity life. Join our FB group: facebook.com/groups/ourfirstmillion. Topics for today: Brandless.com shutting down (2:58), Buying dying businesses (7:53), Hybrid VC’s (9:32), Launch of Ramp Capital (11:13), Corporate universities & online degrees (13:47), Lance Armstrong joins! (18:26), New beverage companies (21:07), Is investing boring? (22:47), Hotels offering more experiences (27:07), Are celebs on Cameo broke? (30:12) and Shaan’s last minute meeting idea (33:35). 

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#45 – Drones Washing Windows, Airpod Guided Tours & Mario Kart VR with Furqan Rydhan

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today we’re joined by Furqan Rydhan (@FurqanR) who is a tech badass. He was paid $120K as a 15 year old programmer during the Dot Com Boom, made a million dollar e-com biz at 17 and was an early employee at Applovin that was valued last at $2 billion. Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Our Guest’s @FurqanR Background (00:36), Funny Story about Vungle’s Jack Smith and Lance Armstrong (07:12), The Process of Brainstorming Ideas (09:36), VR/AR Experiences (10:16), Opportunities in Reviving Stale Franchises and Company Turnarounds (17:07), iPad Whiteboard Meeting Idea (22:44), Reinventing the Phone Call through Airpods (27:51), Furquan’s House Hackathon Ideas (29:49), Serialized Story Apps like Hooked (37:09), Drone Washing Windows on Big Buildings (38:38), Money Printing Mobile Apps (44:44) and What Furqan learnt being Applovin (50:20). 

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#44 – New e-mail clients, Sharing the craigslist office & How to keep your star players

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Dear all loyal listeners: 1) Please, please, please give us a review on Apple Podcasts!, 2) Screenshot your review and tweet it to Shaan and Sam, 3) They’ll give you a present!. Also, if you’re looking to promote your own podcast, visit castro.fm/promote – they push your podcast out to thousands of people. And last promo for the day… the way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Alright the topics for today: The first Hustle office was also Craiglist’s office (01:43), Taking craiglist sections and turning them into unicorn startups + Sam’s first startup (05:34), New email clients like Superhuman, Hey.com and Front (12:06), Pay to get a reply from influential people like Earn.com (21:23), Getting paid by the minute instead of bi-weekly (23:26), Donation business models (25:52), Taking on Wikipedia (29:39), Menstruation apps (32:01), Life schools (36:29), Prenups (38:49) and Negotiation tactics / How to keep your star players (43:12). 

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#43 – Getting your team to take big risks, Turning office workers into remote, Quiet founders making big money

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Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Sam and his team happy about Twitter earnings (01:20), Long term stock exchange (03:11), NYSE bid to buy Ebay & direct listings (05:39), Commercial laundry businesses (07:39), Jessica Simpson’s billion dollar clothing line & other influencer IP businesses (14:06), Secretive founders making the big money (17:12), Company universities (20:10), What would you do once you have all the money in the world (23:51), Remote Year (28:32), Shaan gives Sam a gift…(33:45), How to get your team to take bigger risks (36:35) and their book recommendations (45:20). 

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#42 – Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms

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Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Harry’s (D2C razor brand) sale blocked & D2C selling to PE strategy (0:55), /r/WallStreetBets & Tesla shorts (6:05), Drew Houston sitting on Facebook board & Professional board sitters (11:39), Labor law posters, MailChimp for governments & other weird compliance rules (14:48), Turnkey compliance, contracting remote workers & Letsdeel.com (18:11), Huge unsexy business: exec headhunting (21:23), Influential people curating job boards (27:52), Crowd-sources salary comparison sites like levels.fyi (33:08) & The Ringer selling to Spotify & why it makes podcast acquisitions make sense (35:41). 

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#41 – Dating app that has an admissions process like Harvard

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** In our Facebook group yet? We hang out there so come join and let’s talk ideas: www.facebook.com/groups/ourfirstmillion ** Amanda Bradford (@amandabradford) was 28 years old, in business school and using dating apps. She got tired of stalking every match on Linkedin, Facebook etc.. to see if they were legit. Why doesn’t the dating app do this for me?So against all her advisors advice, she started a dating app called the League that checks your Facebook & Linkedin to verify that you are who you say you are.Strange idea, but It’s kinda working! They have over 100k paying members, profitable & been around for 5 years. We talk about: how she got her first 400 users at launch, how they figured out if people would pay $$ for subscription and what the future of dating looks like. 

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#40 – Paid Courses with Tom Wang, Barstool Acquisition & New Startup Hubs

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*** JOIN OUR FACEBOOK GROUP for share ideas and insight with each other: www.facebook.com/groups/ourfirstmillion *** Today we first chat to Tom Wang, who has sold a 7 figure Amazon FBA biz + runs a 7 figure FBA Masterclass. Some stuff the guys talk about today is Utah as a new startup hub, Sam ignoring Andrew Yang before he became a democratic candidate, a social network built on Airpods, dry toothpaste, emergency bags, educational content and the recent Barstool acquisition. 

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#39 – Getting a Billion People Working From Home

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We interviewed the founder of Rev.com (they transcribe audio into text), to hear how he built this into a $206M (to be precise) business. We used them to transcribe the My First Million podcast episodes, and realized how badass of a service this was. Super simple concept – create a workforce (currently 50,000) that works remotely, transcribing audio from podcasts, conferences, meetings etc.. into text, for less than $1 per minute. Jason talks about freelancers making money in their pajamas, why they opened an office away from Silicon Valley, the impact of AI on remote work, working for free to show your worth, buying his domain for $400,000 and a clever way come up with and test a killer startup name. 

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#38 – Truth about ad agencies with Brendan Gahan + Brainstorming with Daniel Gross

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The Hustle’s My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that’s keeping them up at night. Long episode today! First half is with 8-figure ad agency founder Brendan Gahan to talk biz models, overhead and profitability. Then the second half is with Daniel Gross who sold his startup to Apple in his twenties and rolled that win into multiple unicorn investments. Enjoy! 

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