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My First Million — Business
My First Million

Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.

Copyright: © Hubspot 2024

Latest Episodes:

#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas Jan 08, 2021

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Is Sam Parr Time Person of the Year? - Jeremy introduces himself - Idea: subscription box for bread (and the millions in subscription boxes) - The big business of selling to middle America (aspirational branding) - Boring DTC products that crush it - Ideas for niche software (ex: trust fund SaaS) - Huge homeschooling opportunities - Millions to be made creating products for influencers - How one guy took a local brand national - Why cold chain storage is booming Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. 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. Editing thanks to Jonathan Gallegos (@jjonthan)

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#142 - Digital Meet and Greets, A Little Known $30m Empire, And Shaan's Twitter Controversy Jan 06, 2021

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 02:52: A home security idea - 06:02: Wynter.io and other powerful simple plugins - 15:24: Kevin Systrom's and Mark Zuckerburg's transcripts from the Instagram acquisition - 22:01: Shaan discusses his controversial Tweet - 40:21: A digital meet and greet idea - 47:15: Syed Balkhi - The little known entrepreneur with a ~$30m empire Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. 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. Editing thanks to Jonathan Gallegos (@jjonthan)

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#141 - The 2020 MFM Award Show (with Andrew Wilkinson) Dec 30, 2020

Show notes

Shaan Puri (@ShaanVP), Sam Parr (@TheSamParr) and Andrew Wilkinson (@awilkinson) wrap up 2020 by awarding and highlighting the best moments in the business world, the MFM podcast and their personal lives. The guys also make some fun predictions for what's to come in 2021. This is the first annual MFM Millies. Enjoy! - (2:20-9:01) Billy of the Year - (9:02-14:10) Breakout Company of the Year - (14:10-20:40) Under the Radar Company of the Year - (20:41-28:40) Favorite Person of the Year (non-family) - (28:41-32:10) Favorite Tool of The Year - (32:11-44:10) Best Investment of The Year - (44:11-46:43) Best Bet for 2021 - (46:44-53:50) What prediction did you get wrong in 2020 - (53:51-56:29) What person would you want to invest in? - (56:29-1:00:00) Wildest predictions for 2021 - (1:00:18-1:01:02) Which big company will be acquired in 2021? - (1:01:03-1:05:47) Best MFM Idea of the Year - (1:05:48-1:07:20) Best MFM Guest of the Year - (1:07:21-1:12:02) Worst MFM Idea of the Year - (1:12:03-1:15:34) Best MFM Moment of the Year - (1:15:35-1:19:10) Favorite Project of the Year - (1:19:11-1:28:03) Industries to Watch in 2021? - (1:28:04-1:35:05) Most Overrated Company/Trend of the Year - (1:35:06-1:35:48) Fuck/Murder/Marry - SF, Austin, Miami - (1:35:49-1:38:10) Favorite new podcast/newsletter/Twitter follow of the Year - (1:38:11-1:39:27) Favorite Book of the Year - (1:39:28-1:42:07) Best/Worst Habit of the Year - (1:42:08-1:44:13) Pleasant Surprise of Quarantine - (1:44:14-1:48:27) Best Purchase Under/Over $100 - (1:48:27-1:50:28) A lesson you learned about yourself in 2020 - (1:50:28-1:53:04) Best Relationship Hack of the Year - (1:53:05-1:56:40) Resolution for 2021 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.

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#140 - How Much Do VCs Make?, A Booming Startup Replacing Fridges, and A Board Game Making $5m A Month Dec 25, 2020

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 06:05 A booming grocery delivery startup, Fridge No More - 12:00 The "Ukranian Tik-Tok", Coub - 13:01 The $4b startup you haven't heard of: GoPuff - 21:09 A board game doing $5m a month: Hunt A Killer - 23:20 The booming audience for “true crime” content - 25:48 Shaan went on Wheel of Fortune? - 30:08 Converting old shows into podcasts - 30:30 Multi-platform shows - 31:11 Shaan’s most interesting angel investments - 32:40 “The JIO effect” - 44:15 How much angels and VCs make 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.

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#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition Dec 23, 2020

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 00:30 Is it better to rent and invest your money elsewhere? - 05:32 Penny Hoarder acquired for over $100m - 09:20 MrBeast Burger and clout kitchens - 17:01 Guthy-Renker and the lucrative world of direct-mail - 20:57 Will mom and pop restaurants become cloud kitchens? - 25:25 The guys chat Martin Shkreli stories - 38:13 Elon Musk buying $100B in Bitcoin? - 42:44 Shaan discusses ending his newsletter - 47:47 The guys discuss how they track their finances 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.

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#138 - How A Big Bitcoin Bet Paid Off, How To Best Learn From Billionaires, And Should Engineers Have Managers? Dec 18, 2020

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: 5:53 Dan Gilbert owns the Cavs...and a lot more 11:48 How Dan Snyder made his billions 13:40 How to pounce on new opportunities 20:20 MicroStartegy's big bet into bitcoin 29:00 The right way to learn from billionaires 34:24 The big business of lawn care and pest control 40:08 A company licensed GPT-3 - three months later they make $20k/month 42:03 Manager's for engineers? 46:58 How big companies work vs startups Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. 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.

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#137 - The Aftermath of The Combine Idea, The Next Trillion Dollar Industry, Crypto Art Selling For Millions Dec 16, 2020

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - (16:45-27:40) Shaan's $10m/yr idea: combine for young athletes - (27:40-33:10) What small markets today will be worth trillions in the future? - (33:10-35:55) Shaan becomes a minor celebrity within the bitcoin community - (35:56-46:00) More industries that may soon boom - (46:00-47:35) Talking cool company names - (47:35-52:45) The business of talking about TV shows - (53:15-57:20) Cameo-style businesses - (57:20-1:02:05) The massive business of OnlyFans - (1:02:06-1:08:48) Why the Nelk Boys are exploding Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! 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.

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#136 with Jack Smith - Trading Cards and Collectables: A Deep Dive Into The Opportunities In The Space Dec 11, 2020

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by Jack Smith (@_jacksmith). They discuss: - (0:59) Introduction to Jack Smith - (7:04) Jack introduces the world of collectible card investing - (14:40) What is Rally Rd - (23:29) How to make money lending against trading cards - (32:52) Collecting NBA moments? - (37:00) The opportunities in trading cards - (47:00) The massive size of eBay's collectible business - (49:00) Shaan hears from a sketchy entrepreneur and they discuss cards as ETF Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. 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.

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#135 with Rahul Vohra (Superhuman Founder) - Why He Started Superhuman and The Ideas He'd Like To See Built Dec 09, 2020

Show notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by Superhuman's Rahul Vohra (@rahulvohra). They discuss: - Rahul's first startup, Rapportive - Rahul explain what it's like to work with Marc Andreesen - Will Superhuman go public? - Why doesn't Google crush Superhuman? - Rahul describes when the idea to create Superhuman struck him - Shaan asks, what're the best "Superhuman for X" ideas - How Rahul stays calm and manages time - What startups are Rahul investing in? - Rahul's startup ideas Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! 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.

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MFM x Trends - How Johnny Boufarhat Took Hopin from 0 to $1b+ in Less Than A Year Dec 08, 2020

Show notes

Sam interviews Johnny Boufarhat about scaling Hoping to rapid unicorn status.They discuss how being a fully remote team impacted their ability to move fast, how they're hiring hundreds of people, and the future of the events industry.

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