My First Million

#66 - Life Coins, Amazon FBA Rollups & Going Back In Time

5 snips
Apr 15, 2020
The hosts dive into the fascinating world of Thrasio's Amazon FBA rollups and the risks of rapid growth in e-commerce. They humorously reflect on the absurdities of higher education while discussing innovative survival strategies for entrepreneurs. The concept of 'life coins' as a new social currency is introduced, exploring its potential in industries like sports and music. They examine the essential role of timing in entrepreneurship and share insights into modernizing notarization with mobile solutions. A billionaire of the week wraps up the fun!
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ANECDOTE

Tony Hawk Interview

  • Shaan recalls listening to Jordan Harbinger's interview with Tony Hawk.
  • He praises Harbinger's in-depth interview style.
ANECDOTE

Harvard Shirt

  • Sam Parr wears a Harvard shirt despite not attending the university.
  • He jokes about the conversation starter it provides.
ADVICE

Amazon FBA Rollups

  • Thrasio, an Amazon FBA rollup company, raises concerns about business durability.
  • Amazon's competitive landscape and algorithm changes pose risks.
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