My First Million

#86 - Why Every Business Should Have an Enemy

Jun 26, 2020
Discover a clever hack for discounted Uber credits and dive into the murky waters of online scams involving Bitcoin and fraudulent relief efforts. Explore the booming world of self-storage profitability and innovative real estate strategies. Learn how having a marketing 'enemy' can enhance brand loyalty and create memorable narratives. Plus, debate if Wikipedia should be government-owned and consider unique business ideas like a new alcohol-free beverage that captures the essence of traditional beer.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Discounted Ride Credits

  • Sam Parr and Shaan Puri discuss a discounted ride credit service.
  • They debate the ethics and whether to feature the creator on their podcast.
ANECDOTE

Scam Examples

  • Sam Parr shares examples of scams, including a fake Chamath Palihapitiya Bitcoin giveaway and a Nigerian PPP fraud scheme.
  • He highlights how YouTube allows the fake livestream and how the Nigerian scam ring stole $100 million.
ANECDOTE

Questionable Riches

  • Shaan Puri and Sam Parr discuss examples of people getting rich through potentially shady means.
  • Examples include Navine Jain's Infospace and Intellius, and Sam Parr's friends in internet marketing and call centers.
Get the Snipd Podcast app to discover more snips from this episode
Get the app