My First Million

Andrew Wilkinson: The Hardest And Easiest Businesses To Start

Nov 17, 2022

01:27:23

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Podcast summary created with Snipd AI

Quick takeaways

Persistence and learning can lead to success in business and investing.

Starting multiple businesses involves learning from failures and embracing success.

Tenzing offers financial services for bootstrap founders, bridging traditional finance with business needs.

Investing during market dips requires caution and strategic timing to navigate uncertainties.

Deep dives

HubSpot's Approach to Transforming Customer Experiences

HubSpot helps businesses go beyond the moment by connecting teams and providing access to data for a full customer picture. Their CRM platform integrates marketing, sales, ops, and service to enhance customer experiences.

You Could Screw Up a Pizza Place?

01:13

It took them a decade to become an expert in their field

01:28

SaaS Software Companies Are Feast or Famine, Right?

01:49

What Do You Think Is the Most Interesting Topic?

01:17

Introduction

4min

The Next Warren Buffett or Berkshire Hathaway?

2min

How Did You Get Started With Tumblr?

2min

I Don't Know How to Value a Business

4min

Warren Buffett's Letter to C's Candy CEO

5min

Imperfect Action Podcast - Podcast Review

2min

AeroPress

3min

SodaStream

2min

How to Start a Restaurant as Your Primary First Business

2min

10.

Is Milk Road an Easy Business?

4min

11.

Are You Seeing a Slowdown in SaaS Revenue?

3min

12.

You Could Screw Up a Pizza Place?

2min

13.

How Can I Advertise to 100 People a Day?

2min

14.

Investment Bankers - Are They Really a Real Estate Agent?

3min

15.

Is That Going to Work?

2min

16.

What's the Biggest Business You've Sold?

2min

17.

Do You Think You're Going to Sell Crypto?

5min

18.

The Big Short and Autism Capital

2min

19.

Do You Know What's Going on in the World of Bribery?

3min

20.

What Happens When a Stock Drops?

3min

21.

Investing in a Rocket Ship

2min

22.

Bird Scooters

5min

23.

Venture Capital Is an Alternative to Venture Capital for a Technology Business

4min

24.

The Smart Money Is Just as Dumb as Me

4min

25.

The 2% Management Fee of a Venture Fund Is $200 Million a Year

5min

26.

Investing in Ventures

5min

Episode 386: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk to Andrew Wilkinson (@awilkinson) - entrepreneur and co-founder of Tiny - about learning to be a successful entrepreneur in less than a decade. His hardest and easiest businesses to start. Plus, one business idea he hasn't acted on, yet.

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Links:

* Tiny

* Pixel Union

* Warren Buffett letter

* AeroPress

* Metalab

* We Work Remotely

* Tenzing.co

* Mealime

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

* Want more insights like MFM? Check out Shaan's newsletter.

------

Show Notes:

(03:20) - Mr. Business Builder

(06:30) - Automatic revenue - Pixel Union

(12:05) - Warren Buffett letter

(16:35) - Bored of investing / AeroPress

(23:55) - Cat furniture

(25:10) - Hardest to easiest business to start

(33:35) - Business idea to capitalize on

(37:05) - New business

(50:35) - Fraudsters

(01:00:40) - non-binary term sheet

-----

Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

-----

Additional episodes you might enjoy:

• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits

• #209 Gary Vaynerchuk - Why NFTS Are the Future

• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto

* #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett

• #218 - Why You Should Take a Think Week Like Bill Gates

• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More

• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

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My First Million

Andrew Wilkinson: The Hardest And Easiest Businesses To Start

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

HubSpot's Approach to Transforming Customer Experiences

Lessons in Business Growth and Investing Journey

Challenges and Success in Starting and Selling Businesses

Launching Tenzing: A Modern Investment Bank for Founders

Challenges of Re-entering Investments During Dips

Assessment of a Business's Red Flags and Fraud

Perceptions on Fairness and Transparency in Investment Practices

The Nature of Venture Capital Investments and Smart Money

You Could Screw Up a Pizza Place?

It took them a decade to become an expert in their field

SaaS Software Companies Are Feast or Famine, Right?

What Do You Think Is the Most Interesting Topic?

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights

My First Million

Andrew Wilkinson: The Hardest And Easiest Businesses To Start

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

HubSpot's Approach to Transforming Customer Experiences

Lessons in Business Growth and Investing Journey

Challenges and Success in Starting and Selling Businesses

Launching Tenzing: A Modern Investment Bank for Founders

Challenges of Re-entering Investments During Dips

Assessment of a Business's Red Flags and Fraud

Perceptions on Fairness and Transparency in Investment Practices

The Nature of Venture Capital Investments and Smart Money

You Could Screw Up a Pizza Place?

It took them a decade to become an expert in their field

SaaS Software Companies Are Feast or Famine, Right?

What Do You Think Is the Most Interesting Topic?

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
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highlights

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