Episode 553: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Syed Balkhi about the business ideas he would go after if he wasn’t already running WPBeginner.

Watch Syed's $0 To +$100M story here: https://www.youtube.com/watch?v=gzHdrQ5pDFo

Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5

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Show Notes:

(0:00) Intro

(3:30) Offshore bookkeeping

(6:00) Level it up with reseller and white label

(8:30) Sourcing your outsourced talent

(12:00) Barnacle on the Whale: Quickbooks plugins

(19:00) The most powerful idea of our generation

(22:30) X but open source (x= popular platform)

(27:30) Creating disproportionate value

(31:30) Flavors of capital funds

(39:30) Is $10-50M the perfect amount in the bank?

(45:30) First you own your things, then they own you

(47:30) The true cost of luxury

(52:30) Paid marketing vs. acquiring resellers

(58:00) Compounding goodwill is the best form of compounding

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Links:

• Syed Balkhi Twitter - https://twitter.com/syedbalkhi

• WPBeginner - https://www.wpbeginner.com/

• Appflowy - https://www.appflowy.io/

• Stability AI - https://stability.ai/

• Cal.com - http://cal.com/

• OSS Capital Twitter - http://tinyurl.com/ynvpmu7j

• Automattic - https://automattic.com/

• WooCommerce - https://wordpress.org/plugins/woocommerce/

• CleanShot X - https://cleanshot.com/

• GitLab - https://about.gitlab.com/

• Guy Spier - https://www.guyspier.com/

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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