My First Million

#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses

15 snips
Mar 20, 2020
The conversation dives into the unique challenges and silver linings that emerge during crises like the pandemic. From tech innovations aiding mobile app testing to the personal impact of glucose monitoring on health, creativity shines through. The hosts discuss the need for 'blue collar bailouts' and scrutinize stock buybacks amidst economic uncertainty. They explore evolving market fluctuations, innovative local business strategies, and the emotional connection essential for business survival. Listener feedback shapes exciting future content on startup journeys.
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ANECDOTE

Billboard Buying

  • Sam Parr bought a billboard to test the process.
  • He found it difficult, involving many salespeople.
ANECDOTE

Unlikely Beginnings

  • Steve Ross's Warner Entertainment started with parking lots.
  • It expanded to funeral services before becoming an entertainment company.
INSIGHT

Irresponsible Behavior

  • Sam Parr criticizes those who disregard the seriousness of the pandemic.
  • He argues there's a difference between necessary work and optional social events.
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