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Episode

#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
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55:42
Published: Fri Mar 06 2020
Description

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 For detailed show-notes 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).  See acast.com/privacy for privacy and opt-out information.

Chapters
HubSpot CRM is an all-in-one solution that automates tasks, tracks contact info and deals, and grants access to the same data to serve customers and achieve business objectives.
00:00 - 01:17 (01:17)
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HubSpot CRM
Summary

HubSpot CRM is an all-in-one solution that automates tasks, tracks contact info and deals, and grants access to the same data to serve customers and achieve business objectives. It is easy to use and free to start.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The best content on social media are photos that trigger people, according to the podcast host.
01:17 - 03:33 (02:15)
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Social Media
Summary

The best content on social media are photos that trigger people, according to the podcast host. This type of provocative content tends to get the most shares on platforms like Twitter.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
This podcast is one of a kind as it engages the listeners' minds and boosts their creativity with unique storytelling which makes it a perfect source for ideas and inspiration.
03:33 - 05:57 (02:24)
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Creativity
Summary

This podcast is one of a kind as it engages the listeners' minds and boosts their creativity with unique storytelling which makes it a perfect source for ideas and inspiration.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker recalls a cringe-worthy conversation with a Catholic priest who asked about his plans for having children.
05:57 - 09:09 (03:12)
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Religion
Summary

The speaker recalls a cringe-worthy conversation with a Catholic priest who asked about his plans for having children.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
A haircare expert shares her method to taming curly hair by researching and testing different products to create a haircare kit that includes best versions of oils and other ingredients.
09:09 - 12:52 (03:42)
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Haircare
Summary

A haircare expert shares her method to taming curly hair by researching and testing different products to create a haircare kit that includes best versions of oils and other ingredients. The kit can be sold to people who want to simplify their haircare routine.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The market for branding products for underrepresented groups like black women or African-American men's skincare is still untapped and lacks recognition from mainstream consumers.
12:52 - 16:43 (03:51)
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Branding
Summary

The market for branding products for underrepresented groups like black women or African-American men's skincare is still untapped and lacks recognition from mainstream consumers. However, entrepreneurs like Walker Brands and Tristan Walker are creating solutions that cater to their specific needs.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The curse of money is when you get too much money before you actually know what you're doing, which decreases your odds of success.
16:43 - 19:23 (02:39)
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Entrepreneurship
Summary

The curse of money is when you get too much money before you actually know what you're doing, which decreases your odds of success. Justin Khan, founder of Justin.tv and Twitch, raised 10 million dollars for his new venture, Atrium, out of a 90 million dollar valuation, despite not having a clear plan for the company at the time.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker shares insights on how he was encouraged to start a competitor company when building on Twitch's platform and why it's important to consider analyzing competitors.
19:23 - 23:37 (04:14)
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Competitor Analysis
Summary

The speaker shares insights on how he was encouraged to start a competitor company when building on Twitch's platform and why it's important to consider analyzing competitors.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker sat next to a man worth around $600 million and asks if the man's business plan worked, to which he responds that most of their customers are in New York and they have only had two people show up.
23:37 - 26:03 (02:25)
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Business
Summary

The speaker sat next to a man worth around $600 million and asks if the man's business plan worked, to which he responds that most of their customers are in New York and they have only had two people show up.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The founder of Twitch and Justin TV shares insights on the early days of online streaming before gaming became mainstream and the importance of listening to customers.
26:03 - 29:44 (03:40)
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Tech industry
Summary

The founder of Twitch and Justin TV shares insights on the early days of online streaming before gaming became mainstream and the importance of listening to customers.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
By changing the rules and providing a unique shopping experience, Trader Joe's has become more profitable and successful compared to their competitors in the grocery industry.
29:44 - 34:21 (04:37)
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Trader Joe's
Summary

By changing the rules and providing a unique shopping experience, Trader Joe's has become more profitable and successful compared to their competitors in the grocery industry.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
To identify common patterns in successful businesses, you need to have a minimum understanding of customer value and churn in SaaS.
34:21 - 38:13 (03:52)
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Business Success
Summary

To identify common patterns in successful businesses, you need to have a minimum understanding of customer value and churn in SaaS. Breaking down and analyzing different businesses, industries, and listening to podcasts can help find patterns and commonalities for successful businesses.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker talks about how they connected their QuickBooks and Salesforce more effectively to solve a previously difficult problem.
38:13 - 41:07 (02:53)
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QuickBooks, Salesforce
Summary

The speaker talks about how they connected their QuickBooks and Salesforce more effectively to solve a previously difficult problem.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker describes a marketing strategy of offering gifts to potential customers to manipulate them into buying their product.
41:07 - 44:13 (03:05)
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Marketing
Summary

The speaker describes a marketing strategy of offering gifts to potential customers to manipulate them into buying their product. The company has a high level of penetration in the elementary school market, with 50% of schools using their product.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker discusses how content creators can use Ahrefs to find popular and trending keywords by analyzing what people are searching for, even if these searches encompass taboo topics.
44:13 - 47:21 (03:08)
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SEO
Summary

The speaker discusses how content creators can use Ahrefs to find popular and trending keywords by analyzing what people are searching for, even if these searches encompass taboo topics.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The speaker shares his belief that being lucky in life can come from both talent and actual luck, and that listening to podcasts can bring more value than just ad revenue.
47:21 - 51:25 (04:03)
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Podcasts
Summary

The speaker shares his belief that being lucky in life can come from both talent and actual luck, and that listening to podcasts can bring more value than just ad revenue.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
The struggle of communicating one's own goals and job hunting is discussed, including the difficulty of persuading others to see your own potential.
51:25 - 54:03 (02:38)
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Job Hunting
Summary

The struggle of communicating one's own goals and job hunting is discussed, including the difficulty of persuading others to see your own potential.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million
In this transcript snippet, the speaker discusses finding like-minded friends and shares a technique to connect with people on a deeper level by asking them to answer a question off the top of their head.
54:03 - 55:41 (01:37)
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Friendship
Summary

In this transcript snippet, the speaker discusses finding like-minded friends and shares a technique to connect with people on a deeper level by asking them to answer a question off the top of their head.

Episode
#54 - Atrium Closing Down, B2B Gifting & Curly Girl Hair
Podcast
My First Million