My First Million #121 - So You Made $100m...Now What?
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Oct 21, 2020 Dive into a lively discussion about the evolving world of digital events, debating platforms like Hopin. Discover innovative ideas for enhancing trade shows and learn from Alibaba's success. Explore financial services designed for creators and a fun twist on tracking influencer purchases with a potential chrome extension. The duo also shares insights on effective brainstorming techniques and grapples with the big question: what would you do if you had all the money you could want?
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Mediocre and Successful
- A listener left a two-star review calling Shaan Puri and Sam Parr "totally mediocre below average in everything."
- Sam Parr tweeted the review out, interpreting it as a compliment to their confidence.
Market Trumps Product
- Hopin reached a $2B valuation in under a year, proving market importance over product quality.
- COVID-19 created a huge demand for online events, allowing Hopin to succeed despite early product flaws.
Crystals and Trade Shows
- Sam Parr wanted to dropship crystals after seeing celebrities promote them.
- He discovered the best suppliers were at a gem and mineral trade show in Tucson, Arizona.