Michael Girdley: Why Fireworks Are A Cash Cow and How to Operate a Holdco Worth $100 Million
My First Million
What's So Hard About It?
What's So Hard About It?
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk to tech investor and entrepreneur Michael Girdley (@girdley), about selling fireworks, how to hire great CEOs, and what it takes to operate a successful holding company.
Also, want $5,000? Check out the My First Million Clips contest.
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Show Notes:
(05:00) - How rich are you?
(08:55) - Which business is the best cash cow?
(15:40) - Waste paper mill in China
(21:30) - The anti-advice of Berkshire Hathaway
(27:05) - Hiring great CEOs
(32:50) - What it takes to run a holdco
(56:40) - Unpopular opinions
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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
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