My First Million

#172 - Indie Businesses Making Millions, Advice to Young Entrepreneurs & How to Grow a Podcast

Apr 19, 2021
The hosts share their strategies for growing their podcast and highlight the Coinbase IPO, discussing its humble origins. They provide invaluable advice for aspiring entrepreneurs and delve into the challenges faced by startups. The discussion shifts to innovative indie businesses like Microacquire and Photopea, exploring their potential and the importance of adaptability. They also brainstorm opportunities tied to pay-as-you-go services, highlighting trends in consumer finance and ethical business practices.
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ADVICE

Podcast Growth Tips

  • Prepare more for each podcast episode to improve quality and engagement.
  • Share download numbers and growth goals with the audience to foster transparency.
INSIGHT

Podcast Branding

  • A podcast name doesn't significantly impact success, but a clear brand and description are crucial.
  • Investing in a podcast can create valuable opportunities like better DMs and connections.
ANECDOTE

Brian Armstrong's Success

  • Coinbase's CEO, Brian Armstrong, significantly increased his net worth in under a decade.
  • Armstrong's journey from a regular job to immense wealth highlights the potential of tech.
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