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My First Million on Smash Notes

My First Million podcast.

March 25, 2020

The Hustle presents - My First Million. We talk to millionaires to hear the untold backstories & strategies behind their success. We talk to people who have made a fortune through iPhone apps, real estate, blogs, bitcoin & side hustles. Listen in and maybe you’ll get ideas on how you can make your first million.



Episodes with Smash Notes

Ramon does not know how to code, or to write, and knows nothing, absolutely nothing about his target audience or the subject. He then goes ahead and builds a business worth $9,000,000 in three years. What?

Updated on May 13

Can you get a $206M valuation for a transcription business? The founder of Rev.com turned freelancers in their pajamas into a transcription powerhouse worth millions. They opened an office away from Silicon Valley, doubled-down on machine learning, and went to work.

Updated on March 27

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. This episode includes: Abhishek Kumar Maurya, the founder of UberPro.In; the companies capitalizing on people fleeing cities; how tech is helping humans become fitter; the world of alternate data; the Freeport for baseball cards; and the million dollar challenge.


 

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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. The guys discuss: Andrew Wilkinson Hey.com replacer, VidIQ for influencers, why Grammarly is a huge business, learning via text messages and Stadium Live (ESPN for Gen Z).


 

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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. Episode summary: (5:15) The unbundling of Reddit (11:50) The formula for finding niches to unbundle (16:24) Examples of a subreddits that could become a business (31:00) The businesses that use giveaways to grow.


 

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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. Episode summary: (0:03) Discounted Uber credits hack (4:06) Scam talk: Chamath bitcoin giveaway, Nigerian PPP, Super Pac (12:05) Baseball card storage idea (15:20) Self-storage company, Public Storage, is wildly profitable (16:12) Real estate talk (20:01) Why it’s important to have enemies when marketing (27:42) Private Twitter idea (30:08) Chris D’Elia and Wikipedia for creeps idea (37:42) Should Wikipedia be government owned? (39:50) Cheaper backend brokerage


 

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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. Episode summary: Privacy Based Businesses (14:20) Opportunities “Hidden in Plain Sight” (18:29) Unclaimed Baggage unclaimedbaggage.com (22:50) “Costco for services” idea (28:55), Income Share Agreements (37:00) Simple websites doing $100k/mo (39:10) Sam and Shaan get a little philosophical about if you should spend time investing or building (44:40)


 

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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. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) catch up with Noah Kagan (@noahkagan), founder of AppSumo and OkDork.com. Before that, he was employee #30 at Facebook, #4 at Mint, and worked at Intel. In today’s episode we hear about Noah’s background (1:05), Noah talks about the different between needing to do things and choosing to do things (5:58), how Noah thinks about finding customers (12:30), Sam asks for Noah’s framework for knowing how and when to build a new product (16:10, Noah talks about how our greatest strengths are also our greatest weaknesses (18:12), Shaan joins the podcast (27:00), Shaan asks Noah how he would build a company now if he was 21 with no name recognition (33:50), Noah leaves the podcast and Sam and Shaan talk through Sam’s upcoming road trip and future ideas (50:30).


 

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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. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) catch up and talk through a variety of topics on the show today. Everything from content engines serving only employees of specific companies (internal podcasts, for example), to the Koch brothers and SnapKit. In today’s episode we cover ways companies are publishing content directly to their employees (8:00), Sam briefly summarizes how the Koch brothers made a billion dollars (15:30), Shaan riffs business ideas based on Snapchat Mini’s (22:45), Shaan explains Moonshot and how online escape rooms just might work (30:30), Sam asks for Shaans honest opinion on the Liquid Death founder (33:47), Sam and Shaan talk about humanIPO.app and the merits of humans having an IPO (39:35), Shaan and Sam discuss correct posture and the need for someone to tell them how to exercise “correctly” (43:00).


 

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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. Shaan Puri (@ShaanVP) breaks down the way he thinks about angel investing. He talks through his experiences, what you should look for in a founder, how to be an angel investor with someone else’s money, and how to evaluate your returns.


 

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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. Shaan Puri (@ShaanVP) breaks down the way he thinks about angel investing. He talks through his experiences, what you should look for in a founder, how to be an angel investor with someone else’s money, and how to evaluate your returns.


 

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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. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) sit down with Mike Cessario (@Cessario) Co-Founder and CEO of Liquid Death (@LiquidDeath). Mike gives the backstory on Liquid Death and together they talk through the importance of marketing and making boring market segments more exciting. Today's topic include: Mike gives the backstory on Liquid Death (2:30), Shaan asks Mike “where does this idea come from?” (7:30), Mike talks about how big the business is (10:20), Mike explains how to inject humor into stale brands (18:30), Mike talks about the difference between mineral waters in the United States and abroad (26:00) Mike compares businesses started by “business people” to businesses started by “creative people.” (39:40), Mike illustrates how he views Liquid Death as a pop-culture factory (44:00), Mike explains that “it’s all about speed” if you want to win when going from idea to product (54:48).


 

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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. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) kick around a several new business models, and then they break down frameworks for how the best founders develop and source startup ideas.. The second half of the show is also Shaan and Sam talking through current events. Today's topic include: Shaan and Sam talk about gaming credit card points (0:16), Shaan brainstorms on a service for creating tax-advantaged foundations for athletes or other high earners (4:00), Sam and Shaan talk about how to come up with ideas (9:00), Shaan describes the “old and new” framework of idea generation (22:00), Sam talks about why he hates courses as a business model (27:00), Sam and Shaan talk through current events.


 

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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. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) interview Alexa von Tobel (@alexavontobel), founder and former CEO of LearnVest, a fintech company that sold to Northwestern Mutual for $375M five years after launch. Today's topic include: Alexa talks about her background (0:20), Alexa talks about studying happiness at Harvard (3:40), Alexa breaks down the business plan and evolution of LearnVest (9:00), Alexa describes what it was like to be a classmate at Harvard with Mark Zuckerberg and the advent of Facebook (16:02), Sam asks Alexa, “why sell the business?” (23:08), Alexa explains the strategy behind her VC firm, Inspired Capital, and what’s interesting to her today (30:06), Shaan asks Alexa to explain her contrarian views about the future of work (32:52), Alexa explains how her roots give her an advantage in the fintech space (36:24), Sam asks Alexa what a “self-driving wallet” is (40:10), Shaan talks with Alexa about crypto projects that are streaming money (42:10), Alexa explains how friction is making it more difficult for people to grow their wealth (52:10).


 

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Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! 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. Shaan Puri (@ShaanVP) hosts the podcast solo today. He talks about how the podcast started and then breaks down his Top Ten ideas that have come from all of the episodes of My First Million.


 

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Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! 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. Shaan Puri (@ShaanVP) talks to Greg Isenberg (@gregisenberg) who is the Head of Product at WeWork, the cofounder of a product studio called Late Checkout, and he’s an advisor for TikTok. Today's topic include: Greg talks about how YouProbablyNeedAHaircut.com came about (1:30), Greg talks about his background (4:50), Shaan and Greg talk about what drew them to Silicon Valley (11:00), Greg talks about selling his businesses to StumbleUpon and WeWork (19:00), Shaan and Greg talk business ideas (22:30), How to think about consumer internet products (26:00), Discussing how Evan Spiegel explained Snapchat (36:40) and How to invent the future and think about new products or ideas (45:45).


 

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Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! 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. Today, Sam (@thesamparr) and Shaan (@shaanvp) chat with James Altucher (@jaltucher). James is an entrepreneur, hedge fund manager, podcaster, writer and stand-up comedian. He has founded and sold companies for millions and lost his fortune over and over. He's always found a way back and today he shares all the lessons hes learned along the way. Today's topics include: (1:50) James talks about his background (6:05) James explains the companies he started and how he made his money. (19:10) James became a much better investor when he started investing alongside much smarter investors. (21:30) The challenges of selling a company. (29:14) James explain why he kept losing his fortunes and what he did to start managing his money better. (32:48) How James’ happiness fluctuated as his fortunes rose and fell. (38:35) James discusses what he does today — writing, podcasting, investing and stand-up comedy. (40:00) James discusses his investment and risk management strategy. (45:30) James tries to come up with 10 new business ideas every day — he explains his process. (51:00) How would you make money if you were 21 again?


 

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Today's ep is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project!

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. Sam (@thesamparr) talks to Randy Hetrick (@randyhetrick) who is the CEO of TRX training (inventor of TRX Suspension Trainer), a leading global brand in physical training and the industry leader in functional fitness. Built the company from a bootstrap start up to a high growth consumer brand with 130 employees and approximately $50M in annual revenues. Today's topic include: Why angel investors are better to receive money from than VC's (6:20), Starting a physical goods business and being omnichannel (13:08), Difference between being chairman and CEO (29:08), Why institutional MBA type CEO's suck (33:07), What industries he's interested in investing in (39:32), Sam's MMA weight cut (43:34), Navy Seal and business leadership (46:25) and Randy's angel investing, selling secondary and building his personal brand (55:33).


 

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Today's ep is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project!

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. Sam (@thesamparr) and Shaan (@shaanvp) are back this week to chat about Second order effects of covid-19 (1:04), RV rentals / Glamping (14:21), Art collections (22:54), Billionaire of the week: Mark Leonard of Constellation Software (27:57), Balance between prudent and excitement (38:04) and Group buying unlocking discounts (43:24).


 

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Sam (@thesamparr) and Shaan (@shaanvp) shoot the shit about Airbnb's layoffs (3:21), Sam's carnivore diet & Goldbelly.com (5:52), Lambda school for technicians (14:07), Credible authority businesses like Gartner and HBR (24:31), Is buying youtube channels really a good business? (35:22) and the art of storytelling (43:41).


 

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Sam (@thesamparr) and Shaan (@shaanvp) are joined today by Sophie Amoruso, a serial entrepreneur, author and one of the youngest (and richest) self made women in the world. She's done it all starting with building retail up and comer Nasty Gal which received $65M in funding and did over $300m in revenue. Then she wrote a New York Times best-selling book #GirlBoss which then turned into a Netflix show - consequenctly it turned into a media company that was acquired last year for a reported 8-figure sum.


Today they talk about Sophia's controversial tweet about The Bachelor (1:06), The many cars she's owned (2:23), About her background and businesses (4:45), The story of Nasty Gal: $30m revenue, Index putting $50M investment and her selling life changing secondary (6:44), Expectations after raising venture capital (11:31), Starting conference businesses (15:54), Being a starter vs. operator (17:16), Downsides of being the CEO (20:52), How she got her book to sell 500K copies (24:54), Her investment portfolio of startups and funds (29:17), What's in store for her in the next 10 years? (32:45), Freemium vs Subscription for content (37:13), Opportunities and trends she's seen in the media + retail space (40:06) and Sam's great book recommendation with a horrible - How to Get Rich by Felix Dennis (43:27)


Today's ep is possible because of Superside! Head to superside.com to hire a dedicated team of designers!


 

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Sam (@thesamparr) and Shaan (@shaanvp) are joined today by entrepreneur and owner of BPN Fitness Nick Bare (@nickbarefitness) who started a suppliment company in his dorm room and built it from $20k to over 8 figures in revenue, alongside building a big online presence with over 400K subscribers. Today they talk about what are his products (0:32), Growing a youtube channel (5:24), Content or business first? (7:34), Does he spend money on marketing? (13:19), Fitness apps crushing it (19:29), Products people in the military use (31:01), Fastest growing segments of the fitness industry (34:12), AI used in fitness apps (37:51), Monthly or annual subscription billing? (40:54), His new book "25 hours a day" (48:58), Book in a box service (52:27), Shaan's biz idea for Nick's huge office (58:39), Endurance athletes and Ironman being a huge business (1:02:43), Audio fitness apps (1:05:39) and Fitness in a post-covid world (1:07:46).


 

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Sam (@thesamparr) and Shaan (@shaanvp) discuss today Kanye West's billion-dollar shoe empire (3:59), /r/FatFIRE: Retire living a lavish life (10:36), Ways to generate passive income in 48 hours (23:03), Best interview questions they've been asked (33:01), Stupid D2C gimmicks making millions a week (39:37), Engaging with haters/trolls - someone owes their friend $2m (47:17) and Xprize.org but for enterprise (57:58)


 

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Today's ep is possible because of Superside! Head to superside.com to hire a dedicated team of designers! Sam (@thesamparr) and Shaan (@shaanvp) are back to talk about Burning money (0:36), Asia monetizing podcasts way better / paid news (3:23), Drudge report getting 1.1 billion visits a month?! (11:28), Neil Patel and where most enterprise revenue coming from maintenance (20:59), Book a YC team (29:17), Remote.com raising $11M seed (33:19), Attrition projection/modelling (37:52) and Yishan Wong solving climate change (41:08).


 

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Sam (@thesamparr) and Shaan (@shaanvp) chilling on Zoom once again to talk about Marc Andreessen's new controverisal blog post titled "It's Time To Build" (3:54), On Deck - MBA As A Service (17:27), Founder Dating (27:35), Talking to Naval on ClubHouse (36:37), Oatley's Milk is bomb af (45:08), Fastgrants.org (51:31) and Shaan's Degenerate Crypto Trade (53:38)

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Sam (@thesamparr) and Shaan (@shaanvp) are back to chat about Thrasio Amazon FBA Rollup (4:11), what they like and don't like about the podcasting life (10:04), Sam's obsession with Bees (22:18), Comedian streaming platform (27:17), Carta CEO sharing his laying off message to staff publicly (32:27), Why journalists write about people they may hate (44:40) and haircuts at home (1:00:46)

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Sam (@thesamparr) and Shaan (@shaanvp) are back to talk wearing ivy league swag (3:24), Thrasio Amazon FBA rollup (6:20), Classpass for online courses (16:16), Real life bruce wayne Kinobody (19:45), What's a way the hosts have hacked a shortcut for themselves? (24:31), Looking at old newspapers to see what they got right/wrong (28:50), Personal ICOs (37:31), Billionaire of the week: Jim Patterson (44:44), Do you want to become a billionaire? (52:36) and Sexy notary business (57:05). The way you write has a huge effect on what you get — both in your business and personal life so why not learn how to write like you speak and sell like hell: search Kopywriting Kourse and improve you life 100x.

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Today we have Andrew Wilkinson (@awilkinson) of TinyTiny is a holding company started by Andrew that buys “wonderful internet businesses” with the intention of holding them forever (akin to Berkshire Hathaway). Altogether, Tiny’s businesses do high 8-figures in revenue and employ close to 400 people across 20 companies. If you want to know more about his background, Andrew was interviewed on our podcast so give Episode #63 a listen. Today he answers: How do you find CEO's that you can trust, You've mentioned Warren Buffet a lot, any other leaders you look up to?, Is “company building” a repeatable process? What % of it can be automated?, Can you recommend your favorite business books?, What is your biggest failure and what did you learn from it?, What is a core attribute you look for when you hire somebody?, How do you make connections with other entrepreneurs while residing in a non-startup centric city?, How much of your investments are made up of personal capital vs. OPM (Other People’s Money)?, During your time at MetaLab, what was the best way to acquire clients?, Are you taking Buffett's advice and reading 500 pages a day?, As a person, how have you evolved over the years?, How do you start a fund with money made from an agency?, What's the required mindset shift from running one business to delegating a team to run multiple?, If you internalize one principal into your kids, what would it be?, When you built your house, what are some things that could have made the frustrations easier?, Can I skip building an agency and go straight into investing? and What's the worst & best advice you get from people who tell you how to become successful?.

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Sam (@thesamparr) and Shaan (@shaanvp) are back on Zoom to talk Sam's new crush and honorary guest Andrew Wilkinson (6:00), $40M a year consulting king Sam Ovens (10:32), Shaan's experience being initiated into the Tony Robbins religion (15:27), Shaan's operating framework for life bible (21:52), Billionaire's of the week (yes, double): Michael Loeb & Richard Barton (26:45), Billion dollar idea playbook: What industries lack transparency? (40:41), Shaan missing out on making $5 million (45:24) and The Hustle making new podcasts - Go check out Moiz Ali's new podcast Exit Strategy! (54:51).

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Sam (@thesamparr) and Shaan (@shaanvp) are joined today by Andrew Wilkinson (@awilkinson) who is the co-founder of Tiny (tinycapital.com) - the internet version of Berkshire Hathaway. Shaan also launched a newsletter version of the podcast, subscribe to it to receive startup ideas backed by data in your e-mail weekly: terriblehorriblenogoodverybadideas.com. Want to make your first million with your mobile app? You have to prioritize app performance first. Get your custom HeadSpin benchmark report at headspin.io /myfirstmillion free our listeners! Today's topics: What is Tiny? (4:05), Shaan tried to sell Andrew a business 5 years ago (8:35), Andrew being early on COVID-19 (15:26), Being a control freak & hiring managers (20:35), The perfect cash-flowing companies (31:30), SRED Credits Tax Incentive Program in Canada (36:40), Job board businesses (42:22), No code agencies (48:03), Businesses that didn't work out (56:56), Being broke (59:20), Subscription podcasting (1:02:27) and Modern day newspapers (1:11:18).

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Sam (@thesamparr) and Shaan (@shaanvp) talk trends, startups and your next million dollar idea. Today's topics: AI that makes you dance amazing & the deepfake controversy (5:00), The credentials business (15:13), Do you loosen your ethics in business? (29:41), Studying evil leaders (34:47), Lambda school for EA's (38:27) and Shaan's Billionaire of the Week: Xavier Niel (44:11).

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Sam (@thesamparr) and Shaan (@shaanvp) speak to Brent Beshore (@BrentBeshore) today about how he plans to invest $250M in cash-flow positive businesses, how much corona virus will impact the economy and explains why he'd only start non-tech businesses in today's climate. Brent is apart of Permanent Equity which has raised a total of $300M to deploy into businesses that actually make cold hard cash - their collection of companies made approx. $160M of it in the last year. Want to make your first million with your mobile app? You have to prioritize app performance first. And HeadSpin is here to help. With your custom HeadSpin benchmark report, get deep insights into app performance, from cold and warm starts, to errors, crashes, and response times, including audio and video

quality and biometric responsiveness. Our state-of-the-art Global Device Cloud provides unique carrier network, device, OS, and

app level insights, on real, SIM-enabled devices in hundreds of locations around the world. No SDK required. Get your custom HeadSpin benchmark report at headspin.io /myfirstmillion. Today's topics: Who is Brent Beshore? (4:04), What type of companies is he buying with quarter of a billion dollars stashed? (12:17), Military staffing lead gen is a defensible business (14:53), How to handle owners and managers post-acquisition (16:54), How much do owners of cashflowing businesses take home? (20:34), Why he won't touch debt with his businesses (24:10), How Brent grows the businesses they acquire (25:32), How do owners transition to the passenger seat? (30:36), Corona Virus predictions and impact on the economy (36:16) and what he'd do if he started his career again (51:03).

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Sam (@thesamparr) and Shaan (@shaanvp) today go over more YC batch companies! Sign up to the new Trends report that Sam mentioned at https://trends.co. Today's topics: Sam might have corona virus (5:46), is YC better this year going digital? (10:15), Smile Direct Club for Latin America (14:56), Education in India (17:56), EzeWholesale - Marketplace for Used Phones (23:28), Offerup and LetGo Merger (28:13), Build a Plane - Project Management for Construction (30:03), Strippers leaving their jobs to become delivery drivers (34:24), Ditto - Collaborative copywriting tool (38:12), Shaan's marketing intern challenge (46:14), Ugly food delivery services (48:49), Automating collections using Upflow (52:52), Teiv - Adblock for in-store TV's (58:31)

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Sam (@thesamparr) and Shaan (@shaanvp) today go over some of YC's best startups to come out of its recent demo day. Want to make your first million with your mobile app? You have to prioritize your user experience first. And HeadSpin is here to help. With HeadSpin’s mobile app benchmark reports, know where you stand against your peers and get deep insights into your mobile experience and app performance. Get your custom HeadSpin benchmark report at headspin.io/benchmark. Topics for today: Sam's good luck and bad luck (3:26), Teachable selling (7:30), Can Airbnb withstand a recession? (12:48), Cron - Superhuman for your calendar (21:40), Superhumans for x - Pitch and Casuel (29:51), Art in res - fine art installment plans (32:00), Line of credit to influencers (38:53), Freezing eggs (44:34), $100K and pick one to invest in (50:17), Campus delivery startups - Duffle and Puff (53:31) and Unsexy great new businesses like BuildPlane.com and Truenorth Fleet (55:19)

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Shaan (@shaanvp) is joined by producer Ishan (@ishanhaq) to talk Corona virus and where they think it's at, where it's headed and what you can do to prepare for the worst.


We also announced we started a new podcast! 9 Minute Morning Routine should be your daily listen on the way to work in the morning. Feel relaxed, calm and focused on how you're going to kick ass today. Listen here: https://share.transistor.fm/s/5e24f6a9

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Sam (@thesamparr) and Shaan (@shaanvp) are chatting over the internet about Corona virus and all things business, markets and life impact it's having. Come hang: www.facebook.com/groups/ourfirstmillion.

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Sam (@thesamparr) is by himself today without Shaan (@shaanvp) to tell you about what he thinks are 4 essential skill sets that will withstand a recession. Questions about any of these? Ask the hosts directly on www.facebook.com/groups/ourfirstmillion.

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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. Why aren't you in our Facebook group yet? www.facebook.com/groups/ourfirstmillion. For detailed show notes: https://bit.ly/3aOxEBz.


Topics for today: Sequoia Memo (5:00), Virality in startups and viruses (8:51), Lead Gen Businesses (14:39), Islamic Finance (30:06) & Rebranding actions & lifestyles (42:18).

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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. We've partnered with Rippling! The startup that gives you back your time from payroll to employee compliance, making it unbelievably easy to manage your company’s HR and IT – in one system. If you want to try it out, visit www.rippling.com. Also, we had a listener actually start building an idea mentioned in our last podcast with turning tithing digital. He's documenting his journey and uploaded a video to share with you all in our private FB group -- which you are free to join: www.facebook.com/groups/ourfirstmillion. Here's Paul Graham's awesome essay on Do Things That Don't Scale: http://paulgraham.com/ds.html


Topics for today: Greetings in the corona world & viral trigger content (0:14), Our run the world event is canceled (1:09), Henry has a mic now... but he's leaving the pod (1:49), A listener is building the tithing app (3:47), Cursing in meetings (5:55), Curly girl hair (8:27), Workout app making $100m/year (12:45), Mixed race shampoo (14:13), Atrium closing down and what Justin said to Sam at Hustlecon (16:24), Paul Graham's Do Things That Don't Scale (22:45), Trader Joe's founder passing away and it's fantastic business (29:25), Hotel franchising (33:49), B2B Gifting (36:14), CEO's discussed actually listen to the pod (42:30), Q&A: What's your best SEO hack for a new website? (43:53), Q&A: How to make your podcast profitable? (46:47) and Best interview questions featuring Henry (49:02).

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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. Go join our private FB group if you haven't already: www.facebook.com/groups/ourfirstmillion. It's free to join yet provides so much value through meeting other hyperactive business people and having discussions around the type of stuff discussed in the podcast.


Topics for today: Bernie Sanders proposed tax on vested shares (2:17), Biggest regrets in structuring companies (9:08), Internet conferences like Run The World (14:25), Book clubs (19:12), Copy masters and publishing giants like Agora (26:34), Online services for older people (32:13), Which single digit unicorn will become the next $100B behemoth? (37:53), Turnkey bathroom renovations (47:38) and Sam's angel investment in Nicotine Gum is working (49:10)

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Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, trends and businesses. We're joined by Zak Kukoff (@ZCK), a 25 year old VC of $500M Emergence Capital (emcap.com) who's home runs have been Zoom, Salesforce, Veeva, Yammer and more.


Topics for today: Introducing our guest Zak Kukoff (1:22), Equity vs Cash comp debate (3:40), Zak leaving school at 16 to raise money (6:49), Does investing in young people work? Should they be building businesses or partying? (11:12), Deskless workforce (17:49), The passion economy (23:43), How and when to build a sales team to accelerate growth (33:07), Buying engineering-led businesses and raising the prices (36:22), AI teachers in sales & language (38:35) & Optimizng your copy (46:39).

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Sam (@thesamparr) is back from his New York trip to chat with Shaan (@shaanvp) about ideas, trends and businesses. Today, mid-way through we're joined by Julia Cheek (@JuliaTCheek) who is the CEO and Co-Founder of $50M backed EverlyWell, a digital health startup providing at-home medical testing kits and redesigned lab results - which did $40m in sales last year.


Topics for today: Sam's time in New York (2:05), Preparing for podcasting and interviews (5:22), Meetup at Sam's Airbnb (8:47), Reality 2020: Shaan's upcoming trip to Israel (12:20), Their thoughts on Corona Virus situation (15:12), Transparent numbers in a business (24:27), New fintech platforms like Pipe.com (32:17), Julia Cheek joins the pod (38:00), Julia's background at Harvard and starting her company (40:20), Her experience on Shark Tank (44:41), How rich are the sharks? (51:31), How much traffic did she get from being on the show (52:56), How her business works (56:10), Sam thinks food allergy testing is BS (58:02), Sexual health is a massive opportunity (1:00:17), Her best customer acquisition channels (1:02:18), Bootstrapping businesses (1:04:12), Turning her idea into reality (1:07:36), Price transparency is the next big thing in healthcare & Insurance (1:12:28), HR Systems (1:16:11) and Stay at home tests (1:17:35).

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With Sam (@thesamparr) gone, Stu (@StuIverson) takes his place.


Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion.


Topics for today: Who is our guest Stu (0:14), Podcast studio is looking legit thanks to @henrybillings5 (1:33), Importance of building a community to be successful (2:51), Why you should still cold email (7:24), Investing in listeners startups (9:14), Religion isn't declining like you think - beautiful bibles, digital tithing, music & merchandising (15:38), Deciding whether to earn, learn or legacy (24:43), Uber driver revenue streams (30:06), Influencer based cloud kitchens (36:04), Tyson Fury fight (44:10) and App store for business templates (51:44)

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. If you love the free 3 hours of content we're providing every week, please do us a small favor that'll take less than 60 seconds to tweet at @garyvee about how amazing it is that they got @thesamparr on their show, that they should get @shaanvp on and that he should come on The Hustle's podcast! Topics for today: Branded canned water (1:31), What kind of businesses that Sam hates (5:05), Media bias and cycles of covering startups journeys (8:03), First time finding out about Bitcoin and partying with the founder of Silk Road who had $10B worth (11:27), Boy scouts files for bankruptcy (20:13), The next big membership groups (26:30) and Dealing with rejection the right way (36:15).

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Topics for today: Playboy for Snapchat generation & Patreon for Porn (1:49), Seven sin investing (6:44), Fast loading porn GIFS (8:26), Back to building NSFW brands (12:56), HQ Trivia and why it died (14:07), Limited edition food launches (17:12), Back to HQ Trivia and repurposing it for education (22:21), Children allowance apps and cards (24:51), Sleep products (25:52), DIY perfume (29:34), Auctions & Marketplaces (32:19), Shaan's career advice on which company to work for (41:00), Where would Sam and Shaan work at today if they were 21 again (47:29). Please if you can leave us a 5 star review on Apple Podcasts and show your friends the pod!

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. We've partnered once again with the online business broker Quiet Light Brokerage, they want to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Paying to lose weight (01:26), Private equity rollups in cleaning, dental & locksmiths (04:22), Buying nursing homes (08:47), Back to private equity talk (10:30), Baby locked in a room story (13:02), Public dental companies (14:26), Barstool's genius marketing with 'Zillion beers' campaign (17:58), Mr Beast & Content burn out (21.44), Rupert Murdoch's elite meeting at CES (This one's good, 26:14), Revenge against spam callers & robot lawyers (32:13), Charlie Munger thoughts on Elon Musk and if you'd hire a wildcard or someone prudent (37:02), Risky investing (41:31), Listener's chess tutoring biz and if he should continue (45:00), Restaurant refills & other boring but large businesses (50:05) and lastly the crazy world of auctions and collecting (53:10).

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today Lance Armstrong (@lancearmstrong) happened to drop by to talk investing and celebrity life. Join our FB group: facebook.com/groups/ourfirstmillion. Topics for today: Brandless.com shutting down (2:58), Buying dying businesses (7:53), Hybrid VC's (9:32), Launch of Ramp Capital (11:13), Corporate universities & online degrees (13:47), Lance Armstrong joins! (18:26), New beverage companies (21:07), Is investing boring? (22:47), Hotels offering more experiences (27:07), Are celebs on Cameo broke? (30:12) and Shaan's last minute meeting idea (33:35).

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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Today we’re joined by Furqan Rydhan (@FurqanR) who is a tech badass. He was paid $120K as a 15 year old programmer during the Dot Com Boom, made a million dollar e-com biz at 17 and was an early employee at Applovin that was valued last at $2 billion. Remember Ramon’s soap opera blog that he sold for $9M in cash? He did that through the online business broker Quiet Light Brokerage. We’ve partnered up with them to give you guys a FREE 25-point checklist to see how sellable your online business is. To receive this free guide, visit quietlightbrokerage.com/myfirstmillion. Topics for today: Our Guest’s @FurqanR Background (00:36), Funny Story about Vungle’s Jack Smith and Lance Armstrong (07:12), The Process of Brainstorming Ideas (09:36), VR/AR Experiences (10:16), Opportunities in Reviving Stale Franchises and Company Turnarounds (17:07), iPad Whiteboard Meeting Idea (22:44), Reinventing the Phone Call through Airpods (27:51), Furquan’s House Hackathon Ideas (29:49), Serialized Story Apps like Hooked (37:09), Drone Washing Windows on Big Buildings (38:38), Money Printing Mobile Apps (44:44) and What Furqan learnt being Applovin (50:20).



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Sam (@thesamparr) and Shaan (@shaanvp) are back talking news, trends, interesting products and businesses. Dear all loyal listeners: 1) Please, please, please give us a review on Apple Podcasts!, 2) Screenshot your review and tweet it to Shaan and Sam, 3) They'll give you a present!. Also, if you're looking to promote your own podcast, visit castro.fm/promote - they push your podcast out to thousands of people. And last promo for the day... the way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Alright the topics for today: The first Hustle office was also Craiglist's office (01:43), Taking craiglist sections and turning them into unicorn startups + Sam's first startup (05:34), New email clients like Superhuman, Hey.com and Front (12:06), Pay to get a reply from influential people like Earn.com (21:23), Getting paid by the minute instead of bi-weekly (23:26), Donation business models (25:52), Taking on Wikipedia (29:39), Menstruation apps (32:01), Life schools (36:29), Prenups (38:49) and Negotiation tactics / How to keep your star players (43:12).

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Sam and Shaan are back talking news, trends, interesting products and businesses.


The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion.


Sam and his team happy about Twitter earnings (01:20), Long term stock exchange (03:11), NYSE bid to buy Ebay & direct listings (05:39), Commercial laundry businesses (07:39), Jessica Simpson's billion dollar clothing line & other influencer IP businesses (14:06), Secretive founders making the big money (17:12), Company universities (20:10), What would you do once you have all the money in the world (23:51), Remote Year (28:32), Shaan gives Sam a gift...(33:45), How to get your team to take bigger risks (36:35) and their book recommendations (45:20).

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Sam and Shaan are back talking news, trends, interesting products and businesses.


The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion


Topics:

0:55 - Harry's (D2C razor brand) sale blocked & D2C selling to PE strategy

6:05 - /r/WallStreetBets & Tesla shorts

11:39 - Drew Houston sitting on Facebook board & Professional board sitters

14:48 - Labor law posters, MailChimp for governments & other weird compliance rules

18:11 - Turnkey compliance, contracting remote workers & Letsdeel.com

21:23 - Huge unsexy business: exec headhunting

27:52 - Influential people curating job boards

33:08 - Crowd-sources salary comparison sites like levels.fyi

35:41 - The Ringer selling to Spotify & why it makes podcast acquisitions make sense

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** In our Facebook group yet? We hang out there so come join and let's talk ideas: www.facebook.com/groups/ourfirstmillion ** Amanda Bradford (@amandabradford) was 28 years old, in business school and using dating apps. She got tired of stalking every match on Linkedin, Facebook etc.. to see if they were legit. Why doesn’t the dating app do this for me?So against all her advisors advice, she started a dating app called the League that checks your Facebook & Linkedin to verify that you are who you say you are.Strange idea, but It’s kinda working! They have over 100k paying members, profitable & been around for 5 years. We talk about: how she got her first 400 users at launch, how they figured out if people would pay $$ for subscription and what the future of dating looks like.

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*** JOIN OUR FACEBOOK GROUP for share ideas and insight with each other: www.facebook.com/groups/ourfirstmillion *** Today we first chat to Tom Wang, who has sold a 7 figure Amazon FBA biz + runs a 7 figure FBA Masterclass. Some stuff the guys talk about today is Utah as a new startup hub, Sam ignoring Andrew Yang before he became a democratic candidate, a social network built on Airpods, dry toothpaste, emergency bags, educational content and the recent Barstool acquisition.

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. Long episode today! First half is with 8-figure ad agency founder Brendan Gahan to talk biz models, overhead and profitability. Then the second half is with Daniel Gross who sold his startup to Apple in his twenties and rolled that win into multiple unicorn investments. Enjoy!

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Ever think your side-hustle could become a million-dollar company? Paul Anderson (@paul_d_andersen) did. Today on My First Million, we sit down with Paul who quit his 9-to-5 to focus on his Amazon FBA and how his passion became a full-blown multi-million dollar company. Side hustles, getting ‘em out there, increasing your profits, credit lines and more this week! Also, go sub to his new personal finance newsletter: https://wealthfam.com/newsletter/

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. Today Shaan kicks it off with food industry ideas: keto peanut butter, vintage fast food chains transitioning into the modern era, modifying US chains and taking them global. Then the guys chat about Aliexpress, pop-up esport tournaments, Tough Mudder bankruptcy, data privacy tools, targeting wealthy alumni for fundraising, networking hacks and a discussion about Silicon Valley mistruths.

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Shaan sits down with Peter Dering (@peterdering), Founder & CEO of Peak Design, maker of beautiful, highly functional redesigns of photography equipment. He quit his construction job and traveled the world with $25K in savings. After awhile, he found it to be a pain in the ass carrying his camera around with him. So he thought of a camera holder clip that’d go onto your bag strap. Next thing you know, he filmed a kickstarter video to accompany his simple yet revolutionary product and within 90 seconds of launching he had his first sale. Bags, tripods, straps. Almost every year Peak Design releases some sort of iteration of an outdated piece of equipment and it SELLS. Last year they employed 38 people and did $70m in revenue. He owns 100% of it. Like I said, you want to be this guy. He talks about the process of how you actually create a physical product from scratch, how to work with international distributors, why and how he structured a public benefit entity, how to offset business carbon footprint and how much it ACTUALLY costs (it's tiny!). Have a listen to learn how to kickstart your own carbon-neutral Kickstarter empire.

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. We're going to try and keep these consistent -- about every Thursday and even maybe even 2 a week. Today Sam kicks it off by telling some of the most promising technologies he found at CES 2020, meeting some D2C guys and being astounded by their insane growth rates, the 3 bro's shamelessly knocking off US startups and getting rich, how lucrative trade shows/membership programs/courses can be, why compliance education packages could sell for $$$ to large companies & Shaan reflects on his decade goals and talks about what he wants accomplished by 2030.

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We're back with Season 3, brought you by Microsoft: The latest episode of My First Million, Shaan sits down with Vlad Magdalin (@callmevlad), Co-Founder & CEO of Webflow: a visual tool to build web apps. Vlad shares the several attempts in 6 years to get his no-code brainchild going. Persistence paid off as it quickly got to $20MM in revenue and raised a monster $72M Series A round led by Accel. He talks about the emotional rollercoaster of getting into Y-Combinator, the video that made him quit his high paying job immediately, kickstarter kicking him off their platform and the trick to get investors interested without changing anything.

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We've got a different flavor today for you. We sat down with Scott Belsky (@scottbelsky) join us today and instead of hearing his backstory, we bounced around a bunch of topics. Scott has done it all. He's been a founder (Behance), angel investor (Uber, Pinterest), VC (Benchmark), Tech Executive (CPO of Adobe currently), and Author (The Messy Middle). So sit back, grab a salad (cause we're healthy in 2020) and enjoy this conversation.

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Mike Brown is my new hero. He's an ex military man, who came back & built a super lean business (5 employees and 10's of millions in revenue annually) - hired best friends and brothers to share the experience. Mike Brown (@mb_abides) and his gang went on a mission to buy small pieces of real estate from hundreds of families because they were potentially (and quite literally) sitting on a gold mine. They'd then package them up and sell it to the big oil & gas funds - which meant tens of millions of dollars for them. The business part is good - but I love the philosophical and practical advice around optimizing for quality of life. Let me know what you think! Puri.shaan@gmail.com

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LifeAid’s Aaron Hinde (@aaronhinde) stopped by to talk “vitamins that you’ll enjoy drinking.” His new beverage brand (valued at over $100M) has something to boost every part of your life -- GolfAid, FitAid, TravelAid, PartyAid, FocusAid… and more. He talks about how LifeAid competes with Red Bull and Monster, distribution strategy: think golf clubs & CrossFit gyms, what it’s like to live off the grid: chicken, solar & batteries, how to test physical product market fit using a Direct Mail strategy and why narrowing product focus can increase sales.

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This time, it’s live with you guys who came to the Trends meetup last Thursday and answered some of burning questions.They also explore this week powder diets, turnkey instagrammable moments, building products around the distribution & why Facebook groups is the place to be.

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Carey Smith sold Big Ass Fans for Big Ass Money. As you can probably tell, he found a way to make ceilings fans sound sexy, but more importantly a sexy business. Find out how this unconventional self-appointed CBA (Chief Big Ass) turned a failed bootstrapped Mom & Pop into a 1,200 person $500M giant. Hear him talk about re-branding his company name to include ‘Ass’ & how that changed his entire business’ trajectory, a random meeting that turned into selling for half a billion dollars, writing $50M worth of checks to his employees after the sale and how the secret to making money isn’t to make money. Like our podcast? Join our Facebook group to share feedback, ideas and advice so we can all make that first million: www.facebook.com/groups/ourfirstmillion.

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Faraz Jaka is a Poker pro who’s made $10M on the felt... What started out as a fun game during his spare time in college turned into big money FAST. Turning a few hundred dollars into $180k in 6 months as a 19 year-old. He was on top of the world appearing in articles, throwing massive parties, flying to Vegas every other weekend and ambitious plans to make millions a year… until it all came crashing down, went into debt and battled depression. Obviously, he rose from the dead and became hugely successful, so join this roller coaster story on My First Million, and also listen to how he uses the “+EV” method for all decision making, why you shouldn’t be results orientated, meditation exercises to overcome stress and tackling depression by confronting your issues like a ‘rug’.

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri and The Hustle CEO Sam Parr sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. We're hosting a meetup on the 21st November in San Francisco, check out details here: https://bit.ly/354TQ7H. This week these two discuss: the top businesses using Shopify (Check the ranking tool here: https://myip.ms/browse/sites/1/own/376714), millennial apartment plants, science fiction workout bikes, D2C hallucinogenics and businesses that you can start with $1000 this weekend that could turn into a $100M+ revenue biz.

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He's not on a mission to make money, quite the opposite. Xavier Helgesen is a mission driven founder, who uses money to do more good in the world. His first company, Better World Books sells 10 million used books a year that's collected by leftover books at libraries - in and shares revenues with literacy partners (Over $25M given to non-profits). This business lead him to Africa, where he noticed 20,000 people in a village had no electricity - so he decided to change that. He created Zola Electric, the largest solar power company in Africa, providing 1 million people with electricity per day. He talks to us about how he turned his college side hustle into a $70M biz, moving next to his customers in Tanzania, selling electricity to people who never used electricity and how ‘Mutual Improvement Societies’ could help you 10x your life.

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri and The Hustle CEO Sam Parr sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about creating a Y-Combinator for content production, signals that predicts future unicorns, transferring your work desk into your home, AirBnB for concerts, alternative milk boom and re-positioning existing products. We are holding a Q&A episode next week, send us your questions to: puri.shaan@gmail.com.If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.

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Henrik Werdelin is your dog's best friend. No really, he sends your dog gifts every month. Millions of dogs around the world love this guy, and that's why his dog treats & toys monthly subscription box business is booming. BarkBox is reported to have made $250 million last year. Damn, I wanna be his best friend too. Listen up as he talks about creating Disney experiences for dogs, meeting his co-founder on a cruise (and shared a heart-shaped bed), hijacking MTV at 2am, having 150+ doggy influencers on payroll, reverse engineering online dating to meet his wife and most importantly, how to set up systems in place to make better life choices.

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The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri and The Hustle CEO Sam Parr sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about food joints that no one visits and only serves people through delivery, bars that get you semi high, making products from the largest free IP: religion, businesses that eliminate choice, non-alcoholic beverages, profiting off book summaries and fixing dog owner issues.If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.

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I want to buy your business. What's your discretionary earnings? or how about you buy mine, can you get an SBA loan approved? No idea what we're talking about? Don't worry, Joe Valley from Quiet Light Brokerage breaks down exactly the specific concepts and the tactical approach you will need to learn to value, buy and sell online businesses. He's one of the best in the biz so listen up because he knows his sh*t.

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The infatuation of Celebrity is something we can all relate to and Steven Galanis is making sure to take opportunity of that. When was the last time you got a celeb to sign something of yours? Nowadays you'd grab your phone in a heartbeat to snap a pic and share it on the gram or "it didn't happen". Steven built Cameo so you can just pay your favorite celebrity to say (almost) whatever you want. And it's becoming huge. It's a great story that I think you'd love to hear.

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The Hustle's My First Million presents: Million Dollar Brainstorm. Host Shaan Puri and The Hustle CEO Sam Parr sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about the no code movement, reinventing fireworks through drone light shows, creating a brand around miniature things, putting tiny houses in your backyard, the huge business of website plugins and social agencies. If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.

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Ever wonder who owns all the internet domains like .com, .co, all the way to goofy domain names like .george and .plumbing? Well it turns out, many of these are owned by billionaires & big companies. Our hero today - Sheel Mohnot created an online auction site (like Ebay, but instead of selling beanie babies, he auctions off internet real estate). He has hosted $100M+ worth of auctions, keeping a 4% cut for himself along the way. Hear how he found this wacky niche, got the auction platform off the ground - and how he went from living on $1/day in India to becoming a self-made millionaire.

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The Hustle's My First Million presents: Million Dollar Brainstorm. Host Shaan Puri and The Hustle CEO Sam Parr sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about hyper-focused job boards, digital AA meetings, D2C hunting & fishing brands, GaaS (Ghostbusters-as-a-Service), keto ceral, miniature cooking sets, payroll software and a live unboxing of Sam's sperm... If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million.

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The Hustle's My First Million presents a new weekly show: Million Dollar Brainstorm. Host Shaan Puri and The Hustle CEO Sam Parr sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they shoot the sh*t about some real estate hunting, pets on socks, TRT subscription service, digital museums, voluntary suffering retreats, cord blood banking, sperm freezing and remote enterprise software ideas. If you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered 50% discount on The Hustle's Trends newsletter, use code "MILLION" while signing up to https://trends.co.

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Iman Abuzeid just finished raising $15M for her nurse hiring platform Incredible Health which was led by Silicon Valley's premier venture fund Andreessen Horowitz. Growing up in a family where everyone (literally) were doctors, she naturally followed the same path. Except when she finished medical school and received her MD, she decided not to work as a doctor for even 1 day and went corporate. After being equipped with an MBA and consulting experience, she left to Silicon Valley to make her mark on the world. Listen to hear her story, her "framework" for how to think about your career, why she thinks being in silicon valley is a competitive advantage and how she pivoted her company from a failing startup to one of the most exciting startups of 2019.

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Arianna Simpson quit her comfortable job at Facebook to take a big bet on Bitcoin. She put over 50% of her net worth into Bitcoin back in 2014, and boy did it pay off. Now she's running a multi-million dollar hedge fund, is a renown speaker, and one of the most respected investors in cryptocurrency.

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John Fiorentino wants you to relax. And so far, its' working. He sold over $15 million worth of his product Gravity Blanket and Moon Pod. He talks to us about being broke, crashing on friends couches - to inventing and marketing the most popular blanket since the Snuggie, raising over $5 million on Kickstarter * why he thinks Silicon Valley is wasting too much time talking about tactics rather than focusing on making great products.

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Brian Scudamore is North America’s Junk Man. He turned a $700 pickup truck into one of the world's most successful franchises. Hear how he got started, got on Oprah, stumbled and almost killed his business, and the philosophies he uses to run his multimillion dollar junk empire!

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Aleks Svetski wanted to be a millionaire by 20... and he was on that path. He turned his $5K textbook money into more than $50,000 in the stock market! Until the 2008 global financial crisis hit... he didn't just lose all his money, he was negative quarter of a million. This setback ignited his entrepreneurial spirit where he started a door knocking hustle to get out his debt and make that cool million. Again, until the government betrayed his business and he went back to square one becoming a hippie on a sabbatical... and now he's back again with the lessons he's learned with his newfound passion: Bitcoin.

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Season 2 of The Hustle's podcast is here - and we're talking to Moiz Ali. Have you ever looked at the back of your deodorant stick and read the ingredients? Aluminum zirconium trichlorohydrex? PPG-14 Butyl Ether? Well, Moiz saw that and created Native, a natural deodorant without all the chemical junk. He built the company from his brother's dining table - doing sales, marketing, operations & customer service as a one-man-show. His hard work paid off, as he sold the company for $100M to Proctor & Gamble just 2.5 years after it launched. Listen in to hear the backstory of how he started using just $1k, how the company almost died (twice), and how he negotiated a $100M sale of the business! 

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There's a lot of you out there and we (showrunners Shaan Puri & Ishan Haque) wanna spend some time chatting to you and answer some of your questions about the pod, your hustle and any other random Q's your dying to ask. Should we make this a weekly thing? Let us know your feedback and questions to be answered in next weeks potential episode through messaging us on Twitter, LinkedIn, Instagram or even Facebook.

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We have on Gelena & Keith Wasserman, a husband and wife Real Estate duo who borrowed $5k during the end of the 2008 recession and have turned it into a $1.3 billion dollar portfolio. Learn how they create monthly income streams and sometimes double, triple or quadruple their equity from multi-family real estate.

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Michael Birch sold his social networking site to AOL for $850M....and then bought it back for $1M years later. (buy low, sell high. boys and girls). His business portfolio is impressive. He's an early investor in companies like Calm and Pinterest, owns two giant hotels, and bought a private island off of Richard Branson. Despite all that success, he's a down to earth guy, and in this podcast he talks through his early struggles and failed ideas before he had his billion dollar breakthrough and reminisces his days being head to head with Zuckerberg. 

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He might just be the most clever hustler in Silicon Valley that's not from there - Jack Smith started multiple businesses as a kid all the way from the UK, which kick-started his passion to build something big... we're talking almost a billion dollars BIG. We have a great chat about his childhood side hustles, specific process of finding and executing new business ideas and how he raised millions of dollars as a 20 year old.

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James Hong is the creator of Hot or Not? He sits down to tell us how the silly website went from 42 friends, to 2 million page views per day within a week. I love his philosophy of running it like an "internet laundromat" - collecting nickels & quarters from the machine (up to $20,000 per night!) Great guy, great energy, checkout the episode. - shaan (@shaanvp on twitter)

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Who knew a product about other products could be worth tens of millions... Ryan Hoover tells us the struggle of trying to find a place in the startup world and how to tackle job rejection the right way - becoming his own boss! Truly starting from scratch, he runs us through the scrappy early days of e-mailing people one by one just to gain an extra dozen users... now that's some hustle! Tune into this episode and he'll teach you ways to push that little bit further to making your first million.

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Sam Parr is the founder of The Hustle - a simple email newsletter that has surpassed 1M daily subscribers and will be north of 8 figures this year. Sam walks us through how he built The Hustle from scratch as well as his adventures starting a hot dog stand (7min), selling booze on the internet (13min), meeting celebrities on the street and convincing them to hire him (11min) and how he would get rich if he was 21 again! (33min)

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We talk with tech founder & investor Suleman "Suli" Ali about his journey from making $76k a year at Microsoft to selling multiple companies for $100,000,000+. Highlights: Meeting Naval (19:00) getting grilled by Keith Rabois (22:00), & risking his life savings on TinyCo (57:00)

 

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