My First Million

Crumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses

80 snips
Feb 14, 2023
Discover how Crumbl Cookies is raking in a billion dollars annually with clever marketing tactics. Dive into the thrilling idea of AI revolutionizing sports coaching, discussing its potential to outsmart traditional methods. Explore the concept of underutilized assets, highlighting how everyday resources can turn into profitable ventures. Additionally, enjoy humorous anecdotes about the quirks of high society at fundraisers and quirky alumni expectations. This conversation blends business insights with entertaining stories, leaving you inspired and amused!
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ANECDOTE

Extravagant Fundraiser

  • Shaan Puri recounts a story about a fundraiser at a prestigious San Francisco private school.
  • Two families bid up to $27,000 for a slumber party with the principal, and another parent offered $60,000 to end the bidding war.
INSIGHT

Universities as Hedge Funds

  • Shaan Puri analyzes the university business model, comparing it to a non-taxed hedge fund.
  • Universities function with a "babysitting wing," highlighting their financial focus.
ANECDOTE

Flying Magazine's Community

  • Craig Fuller bought Flying Magazine and is building an aviation community in Atlanta.
  • They pre-sold home plots with a landing strip, demonstrating a content-to-commerce strategy.
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