My First Million

My Mom Started a $1M Side Hustle In Her 50's

245 snips
Feb 14, 2024
Discover how Sam's mother-in-law turned her love for pillows into a million-dollar Etsy business in her 50s. Hear about the innovative journey of Ukrainian entrepreneurs who transformed their ventures into successful empires. Explore the unique Dumpster Business Model and its SEO-driven success. Plus, dive into the thrilling advancements of the Apple Vision Pro, promising immersive movie experiences. The episode wraps up with a look at the audacious tale of Ubiome's founders, presenting a fascinating mix of entrepreneurship and ethical dilemmas.
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ANECDOTE

Renting from Nemesis

  • Sam Parr is renting an Airbnb owned by an entrepreneur who previously ignored his outreach attempts.
  • Parr contemplates a petty revenge but ultimately decides to leave a lighthearted message.
ANECDOTE

Smithy Home Couture

  • Sam Parr's mother-in-law started a successful pillow business on Etsy, Smithy Home Couture, generating over $1 million in revenue.
  • She scaled by hiring stay-at-home moms to sew and securing wholesale contracts with high-rise buildings.
ADVICE

Unexpected Opportunities

  • Leverage social media to share compelling stories about your business; it can attract unexpected attention and opportunities.
  • Be prepared for low conversion rates, even with high engagement, as not every opportunity will pan out.
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