My First Million The World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
66 snips
Mar 2, 2023 Dive into the world of the richest fashion mogul you’ve never heard of! Discover how working remotely with strangers can lead to unexpected collaborations. Explore a fresh direct-to-consumer idea in the gut health industry that promises high margins. Engage in discussions about cognitive biases and the art of personal branding on social media. Plus, enjoy humorous anecdotes and insights on forging meaningful connections in the digital age!
AI Snips
Chapters
Books
Transcript
Episode notes
Internet Connections
- Sam Parr has built businesses with people he's only met a few times.
- He emphasizes internet culture's impact on business.
Bernard Arnault's Success
- Bernard Arnault's company, the fourth largest globally, achieved $84 billion in revenue and $22 billion in operating profits last year.
- Steve Jobs once sought Arnault's advice on Apple store design, confident in the enduring popularity of Arnault's products.
Brand Moat
- Brand is a significant moat, often overlooked by tech investors who prioritize technology and network effects.
- Bernard Arnault demonstrates the power of brand and luxury margins.
