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#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia CheekFrom 🇺🇸 My First Million, published at 2020-02-29 07:17
Sam (@thesamparr) is back from his New York trip to chat with Shaan (@shaanvp) about ideas, trends and businesses. Today, mid-way through we're joined by Julia Cheek (@JuliaTCheek) who is the CEO and Co-Founder of $50M backed EverlyWell, a digital health startup providing at-home medical testing kits and redesigned lab results - which did $40m in sales last year. Topics for today: Sam's time in New York (2:05), Preparing for podcasting and interviews (5:22), Meetup at Sam's Airbnb (8:47), Reality 2020: Shaan's upcoming trip to Israel (12:20), Their thoughts on Corona Virus situation (15:12), Transparent numbers in a business (24:27), New fintech platforms like Pipe.com (32:17), Julia Cheek joins the pod (38:00), Julia's background at Harvard and starting her company (40:20), Her experience on Shark Tank (44:41), How rich are the sharks? (51:31), How much traffic did she get from being on the show (52:56), How her business works (56:10), Sam thinks food allergy testing is BS (58:02), Sexual health is a massive opportunity (1:00:17), Her best customer acquisition channels (1:02:18), Bootstrapping businesses (1:04:12), Turning her idea into reality (1:07:36), Price transparency is the next big thing in healthcare & Insurance (1:12:28), HR Systems (1:16:11) and Stay at home tests (1:17:35). See acast.com/privacy for privacy and opt-out information.
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#50 - Digital Tithing, Influencer Based Cloud Kitchens & Uber Driver Revenue Streams with Stu IversonFrom 🇺🇸 My First Million, published at 2020-02-28 04:33
With Sam (@thesamparr) gone, Stu (@StuIverson) takes his place. 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: Who is our guest Stu (0:14), Podcast studio is looking legit thanks to @henrybillings5 (1:33), Importance of building a community to be successful (2:51), Why you should still cold email (7:24), Investing in listeners startups (9:14), Religion isn't declining like you think - beautiful bibles, digital tithing, music & merchandising (15:38), Deciding whether to earn, learn or legacy (24:43), Uber driver revenue streams (30:06), Influencer based cloud kitchens (36:04), Tyson Fury fight (44:10) and App store for business templates (51:44) See acast.com/privacy for privacy and opt-out information.
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#49 - Meeting Bitcoin's Billionaire Kingpin, Boy Scouts Files for Bankruptcy & Branded Canned WaterFrom 🇺🇸 My First Million, published at 2020-02-23 05:32
POR FAVOR: Sam is going on Gary V's podcast monday. It would be hilarious if hundreds of us tweeted @garyvee how lucky he is to have @thesamparr on his podcast. Topics for today: Debate a new canned water brand (Liquid Death) (1:31), The "Silicon Valley Clock" (8:03), Sam's crazy story meeting the founder of Silk Road who had $10B worth of Bitcoin (and then got arrested) (11:27), Boy scouts files for bankruptcy (20:13), The next big membership groups (26:30) and Dealing with rejection the right way (36:15). See acast.com/privacy for privacy and opt-out information.
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#48 - NSFW Tech, HQ Trivia & AuctionsFrom 🇺🇸 My First Million, published at 2020-02-22 05:30
Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Topics for today: Playboy for Snapchat generation & Patreon for Porn (1:49), Seven sin investing (6:44), Fast loading porn GIFS (8:26), Back to building NSFW brands (12:56), HQ Trivia and why it died (14:07), Limited edition food launches (17:12), Back to HQ Trivia and repurposing it for education (22:21), Children allowance apps and cards (24:51), Sleep products (25:52), DIY perfume (29:34), Auctions & Marketplaces (32:19), Shaan's career advice on which company to work for (41:00), Where would Sam and Shaan work at today if they were 21 again (47:29). Please if you can leave us a 5 star review on Apple Podcasts and show your friends the pod! See acast.com/privacy for privacy and opt-out information.
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#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card ManagersFrom 🇺🇸 My First Million, published at 2020-02-20 09:28
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). See acast.com/privacy for privacy and opt-out information.
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#46 - Corporate Universities, Hotel Experiences & New Credit Cards with Lance ArmstrongFrom 🇺🇸 My First Million, published at 2020-02-15 00:00
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). See acast.com/privacy for privacy and opt-out information.
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#45 - Drones Washing Windows, Airpod Guided Tours & Mario Kart VR with Furqan RydhanFrom 🇺🇸 My First Million, published at 2020-02-14 06:21
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). See acast.com/privacy for privacy and opt-out information.
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#44 - New e-mail clients, Sharing the craigslist office & How to keep your star playersFrom 🇺🇸 My First Million, published at 2020-02-10 08:00
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). See acast.com/privacy for privacy and opt-out information.
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#43 - Getting your team to take big risks, Turning office workers into remote, Quiet founders making big moneyFrom 🇺🇸 My First Million, published at 2020-02-08 03:13
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). See acast.com/privacy for privacy and opt-out information.
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#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment FirmsFrom 🇺🇸 My First Million, published at 2020-02-07 00:05
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). See acast.com/privacy for privacy and opt-out information.
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#41 - Dating app that has an admissions process like HarvardFrom 🇺🇸 My First Million, published at 2020-02-05 11:30
** 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. See acast.com/privacy for privacy and opt-out information.
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#40 - Paid Courses with Tom Wang, Barstool Acquisition & New Startup HubsFrom 🇺🇸 My First Million, published at 2020-01-31 22:14
*** 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. See acast.com/privacy for privacy and opt-out information.
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#39 - Getting a Billion People Working From HomeFrom 🇺🇸 My First Million, published at 2020-01-29 08:00
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. See acast.com/privacy for privacy and opt-out information.
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#38 - Truth about ad agencies with Brendan Gahan + Brainstorming with Daniel GrossFrom 🇺🇸 My First Million, published at 2020-01-26 15:55
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! See acast.com/privacy for privacy and opt-out information.
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#37 - Mastering Amazon FBAFrom 🇺🇸 My First Million, published at 2020-01-22 08:00
Ever think your side-hustle could become a million-dollar company? Paul Anderson (@paul_d_andersen) did. Today on My First Million, we sit down with Paul who quit his 9-to-5 to focus on his Amazon FBA and how his passion became a full-blown multi-million dollar company. Side hustles, getting ‘em out there, increasing your profits, credit lines and more this week! Also, go sub to his new personal finance newsletter: https://wealthfam.com/newsletter/ See acast.com/privacy for privacy and opt-out information.
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#36 - Data Privacy Tools, Food Franchises & Silicon Valley MistruthsFrom 🇺🇸 My First Million, published at 2020-01-18 02:47
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. Today Shaan kicks it off with food industry ideas: keto peanut butter, vintage fast food chains transitioning into the modern era, modifying US chains and taking them global. Then the guys chat about Aliexpress, pop-up esport tournaments, Tough Mudder bankruptcy, data privacy tools, targeting wealthy alumni for fundraising, networking hacks and a discussion about Silicon Valley mistruths. See acast.com/privacy for privacy and opt-out information.
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#35 - King of KickstarterFrom 🇺🇸 My First Million, published at 2020-01-15 08:00
Shaan sits down with Peter Dering (@peterdering), Founder & CEO of Peak Design, maker of beautiful, highly functional redesigns of photography equipment. He quit his construction job and traveled the world with $25K in savings. After awhile, he found it to be a pain in the ass carrying his camera around with him. So he thought of a camera holder clip that’d go onto your bag strap. Next thing you know, he filmed a kickstarter video to accompany his simple yet revolutionary product and within 90 seconds of launching he had his first sale. Bags, tripods, straps. Almost every year Peak Design releases some sort of iteration of an outdated piece of equipment and it SELLS. Last year they employed 38 people and did $70m in revenue. He owns 100% of it. Like I said, you want to be this guy. He talks about the process of how you actually create a physical product from scratch, how to work with international distributors, why and how he structured a public benefit entity, how to offset business carbon footprint and how much it ACTUALLY costs (it's tiny!). Have a listen to learn how to kickstart your own carbon-neutral Kickstarter empire. See acast.com/privacy for privacy and opt-out information.
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#34 - CES Highlights, Cloning US Startups & Compliance EducationFrom 🇺🇸 My First Million, published at 2020-01-12 15:08
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. We're going to try and keep these consistent -- about every Thursday and even maybe even 2 a week. Today Sam kicks it off by telling some of the most promising technologies he found at CES 2020, meeting some D2C guys and being astounded by their insane growth rates, the 3 bro's shamelessly knocking off US startups and getting rich, how lucrative trade shows/membership programs/courses can be, why compliance education packages could sell for $$$ to large companies & Shaan reflects on his decade goals and talks about what he wants accomplished by 2030. See acast.com/privacy for privacy and opt-out information.
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#33 - Pioneering The No-Code MovementFrom 🇺🇸 My First Million, published at 2020-01-08 08:00
We're back with Season 3, brought you by Microsoft: The latest episode of My First Million, Shaan sits down with Vlad Magdalin (@callmevlad), Co-Founder & CEO of Webflow: a visual tool to build web apps. Vlad shares the several attempts in 6 years to get his no-code brainchild going. Persistence paid off as it quickly got to $20MM in revenue and raised a monster $72M Series A round led by Accel. He talks about the emotional rollercoaster of getting into Y-Combinator, the video that made him quit his high paying job immediately, kickstarter kicking him off their platform and the trick to get investors interested without changing anything. See acast.com/privacy for privacy and opt-out information.
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#32 - Product Genius: Scott BelskyFrom 🇺🇸 My First Million, published at 2019-12-25 07:51
We've got a different flavor today for you. We sat down with Scott Belsky (@scottbelsky) join us today and instead of hearing his backstory, we bounced around a bunch of topics. Scott has done it all. He's been a founder (Behance), angel investor (Uber, Pinterest), VC (Benchmark), Tech Executive (CPO of Adobe currently), and Author (The Messy Middle). So sit back, grab a salad (cause we're healthy in 2020) and enjoy this conversation. See acast.com/privacy for privacy and opt-out information.