"1. Podcast Business

2. Building expertise while working on a startup

[0.00] My First Million_How @timferriss Makes Great Podcasts.txt

My First Million

How @timferriss Makes Great Podcasts

"**-BUSINESS IDEA- 1. Podcast Business**

[YouTube Link:

This business idea centers around starting a podcast and emphasizes the importance of the first five minutes. The goal is to create a comfortable and relaxed environment for the guest by engaging in pre-recording conversation. This involves putting them at ease and making them feel like they are in a safe space to share their story. By doing so, the guest is more likely to \342\200\234let it all hang out\342\200\235 during the recording, allowing for a more authentic and engaging conversation. The host emphasizes the importance of making the guest look good, assuring them that they have final cut and can remove anything they don\'t want to be published. The host will guide the conversation, ensuring the guest is not distracted and can take breaks if needed. Additionally, the host will be mindful of sensitive information and suggest cuts for anything that might need to be removed, such as mentioning children\'s names. The overall goal is to create a high-quality podcast that leaves a lasting impression on listeners.

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[75.95] Y Combinator_Choose an area that you’re excited to learn about, because you have a lot of learning to do..txt

Y Combinator

Choose an area that you’re excited to learn about, because you have a lot of learning to do.

"## **1. BUSINESS IDEA - Building expertise while working on a startup**

[YouTube Link:

Part of starting a startup is going to be building expertise. You\342\200\231re not bringing expertise, you have to build it. It\'s better to choose an area that you\'re excited to learn about. It might be helpful to not choose an area that you think you will hate, even if it can raise money, as that\342\200\231s not the best motivation.

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