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My First Million

Latest episodes

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Sep 30, 2020 • 57min

#115 - Selling An Erotic Newsletter and AI That Leaves Us Speechless

Former Nike employee, Shaan Puri, discusses a new nursing shoe brand. Topics include selling a newsletter, creating an AI for emails, and revolutionary AI technology from Open.ai.
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Sep 25, 2020 • 59min

#114 with Steph Smith - The Head of Trends Talks Insider Trading and The Gen-Z Mafia

Steph Smith, employee at The Hustle, joins Sam Parr and Shaan Puri to discuss topics like remote work challenges, innovative company perks, interesting one to three person operations, HIPAA compliance services, tracking insider trades, and hiring gen-zers for corporate training material.
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Sep 23, 2020 • 48min

#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses

(0:46) The guys break down Frank Slootman (Snowflake founder’s) Linkedin post, (7:45) Sam brings up Rocket Internet, a German company that clones mainstream startups in smaller geographic markets. They scale quickly and are formulaic, (8:30) Sam is fascinated by Danny Meyer, founder of Shake Shack among other places, (10:05) Shaan shares his story about the Melman’s and their empire, Lettuce Entertain You, (13:38) The guys discuss Hamdi Ulukaya the founder of Chobani, (17:50) The guy’s talk blue collar businesses, including Waste Management and its founder Wayne Huizenga, (19:30) The story of Rose Blumkin, founder of Nebraska Furniture Mart, (21:11) Shaan talks about his water problem and subscription water companies like ReadyRefresh and Culligan, (27:40) The Uber for evictions: Civvl, (31:26) The student debt market explained, (34:42) B2B vs consumer businesses Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. See acast.com/privacy for privacy and opt-out information.
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Sep 18, 2020 • 52min

#112 - Why Buying Businesses Is Better Than Starting Them and The Mad Genius of Kanye West

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) shoot the wind on today’s pod. In today’s episode you’ll hear: Sam asks Shaan what he’s learned about working at a big company and what he can apply to a smaller company (0:30), Shaan asks Sam about a personnel shuffle at The Hustle (9:00), the guys talk about a Kanye West tweet where he wants to create Y-Combinator for music (11:30), Sam and Shaan debate if a great domain name can make you (22:15), Sam and Shaan talk about the Snowflake IPO (29:55), Shaan shares a crazy conversation with a 20-year old multi-millionaire (37:00), the guys share how they learn from beginners and why you should too (43:10), Shaan talks about Bubble Hotels (48:30). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.
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Sep 16, 2020 • 52min

#111 - Sam Parr Returns: The Scheme King is Back

Sam Parr (@theSamParr) is back with Shaan Puri (@ShaanVP) on the pod today after a leave of absence from the show. In today’s episode you’ll hear: Shaan and Sam talk about Sam’s medical condition and catch up generally (0:18), Sam asks Shaan for a recap on some of the episodes from while Sam was out and Shaan tells him about Kat Cole and her rise to corporate prominence (21:45), Shaan tells Sam about the show with the Jonathon Barkl from Air Garage (25:10), Shaan and Sam talk about cultural and ethnic food delivery options like SayWeee! (29:30), Sam asks Shaan how his rolling venture fund is going (40:00), Shaan explains what a rolling venture fund is (48:45). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.
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Sep 11, 2020 • 54min

#110 with Kat Cole - Ideas From the Head of a $4B+ Business

Kat Cole, COO & President of Focus Brands, shares ideas like an environmental impact app and a new food concept. Shaan discusses his journey into entrepreneurship. Insights on ghost kitchens and navigating COVID challenges in business.
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Sep 9, 2020 • 51min

#109 with Jonathon Barkl - The Founder of AirGarage Jams Out on Ideas

Founder of AirGarage, Jonathon Barkl, discusses innovative ideas like improving business insurance, USPS services, and customer service outsourcing using older folks. He shares insights on creating AirGarage, his information diet, and the best purchase under $120. Topics also include utilizing underutilized resources, morning routines, book recommendations, and the benefits of using a Remarkable tablet.
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Sep 7, 2020 • 1h 28min

#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast

Shaan Puri (@ShaanVP) hosts the pod today with guests Ben Gilbert (@gilbert) and David Rosenthal (djrosent) from the Aquired podcast (@acquiredfm). In today’s episode you’ll hear: Shaan asks Ben and David to give some background on themselves and the Acquired podcast (0:30), Shaan gives four personalities that every company needs to succeed (11:00), the Acquired guys pitch an idea for an Airbnb that says whether or not the location has wifi (18:00), the Acquired guys talk about making your own stock index (29:10), Shaan talks about putting solar panels into space and beaming energy back down to earth (39:00), the guys talk about different ways to mitigate tax liability (48:10), the Acquired guys asks Shaan to tell the story of Bebo (62:10). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.
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Sep 4, 2020 • 56min

#107 with Chris Bakke - This Serial Entrepreneur is an Idea Machine

Shaan Puri (@ShaanVP) hosts the pod today with guest Chris Bakke (@ChrisJBakke) an early employee at Bank Juice, which sold to Zillow. In today’s episode you’ll hear: Chris gives his background and how he ended up in the Bay Area (1:15), Shaan gives his philosophy on how to hire new people (9:35), Chris explains why he thinks raising capital is a good idea (14:15), Chris has an idea he calls "Shopify for SaaS products" (17:05), Chris and Shaan kick around how to get subject matter expertise out of gurus to build a service business (21:50), Chris has an idea for franchising a service like GeekSquad (27:05), Shaan tells a story of how his friend franchised a service model (31:30), Shaan and Chris explain how at-home camps/schools can generate a lot of money (40:05), Shaan gives a framework of how to give poor people something that rich people have and how that translates to give small businesses something they want that big businesses already have (39:45), Chris gives the elevator pitch for his new company that replaces big consultants with software (52:50). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.
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Sep 2, 2020 • 1h 20min

#106 - The Q&A Special: We Answer Your Questions Live

Today’s episode is a Q&A from the archives. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) host a Q&A on the one year anniversary of Trends. In today’s episode you’ll hear: Sam talks through how to research topics and businesses (5:15), Shaan answers Sam’s question “what’s a contrarian opinion you hold?” (9:45), Shaan talks about where an entrepreneur should focus their energy (20:52), a lister asks “what’s one thing that you believed that ended up completely opposite?” (25:38), Sam talks about one of the lead gen companies he sold (31:40), Sam and Shaan do a rapid fire questions (35:45), A listener asks about shipping logistics (56:30), Sam and Shaan weigh in on how to adapt your business to COVID (67:30). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.

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