Episode
BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
1:43:40
Published: Fri Dec 16 2022
Description
Episode 397: Shaan Puri (@ShaanVP) talks with Kendall Saville and Michael Wittmeyer about their decision to buy Milk Road, their background in gambling affiliates, gold, and crypto, and much more. ----- Links: * JM Bullion * Milk Road * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ------ Show Notes: (00:00) - Shaan's Intro (04:30) - Why Michael and Kendall are under the radar (13:30) - Stories of hacking SEO (16:00) - Why Shaan decided to sell (43:00) - How Michael and Kendall got into the gold business (56:30) - Why you should compare yourself to your competitors (01:01:30) - How Kendall's first business almost got him arrested (01:05:45) - Life hacks (01:12:30) - Business philosophies (01:30:00) - Creating outlier outcomes ----- 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. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Chapters
The podcast episode features stories of people who succeeded in their projects despite facing failures and setbacks.
00:00 - 02:31 (02:31)
Summary
The podcast episode features stories of people who succeeded in their projects despite facing failures and setbacks. The conversations revolve around their early projects that had both soaring successes and disastrous failures.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The episode features the entertaining and captivating stories of the personalities behind The Milk Road, including a member who hacked the Tesla referral program and ended up with multiple Tesla Roadsters.
02:31 - 05:43 (03:11)
Summary
The episode features the entertaining and captivating stories of the personalities behind The Milk Road, including a member who hacked the Tesla referral program and ended up with multiple Tesla Roadsters. Listeners will know more about the personal stories of these individuals, as well as the background of The Milk Road.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speakers discuss a conversation they had about growth and a hypothetical scenario involving a website that displays the price of Bitcoin without any explanation.
05:43 - 08:32 (02:49)
Summary
The speakers discuss a conversation they had about growth and a hypothetical scenario involving a website that displays the price of Bitcoin without any explanation.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker talks about being a self-praising individual and shares a story about discussing business ideas with a colleague.
08:32 - 10:14 (01:42)
Summary
The speaker talks about being a self-praising individual and shares a story about discussing business ideas with a colleague.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker discusses a SEO play involving content-driven sites that aim to rank on Google for money terms in crypto, such as "buy Bitcoin" and "sell Bitcoin."
10:14 - 14:16 (04:01)
Summary
The speaker discusses a SEO play involving content-driven sites that aim to rank on Google for money terms in crypto, such as "buy Bitcoin" and "sell Bitcoin." The strategy involves incorporating crypto-related keywords into SEO to improve rank and drive traffic to sites.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The success of a business can rely heavily on branding, including having a strong voice and incorporating customer feedback into marketing strategies.
14:16 - 18:43 (04:27)
Summary
The success of a business can rely heavily on branding, including having a strong voice and incorporating customer feedback into marketing strategies.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The podcast discusses how a maniacal grind mentality in areas of life such as exercise and vacation, can affect our approach to work and make us more successful.
18:43 - 23:37 (04:53)
Summary
The podcast discusses how a maniacal grind mentality in areas of life such as exercise and vacation, can affect our approach to work and make us more successful. However, such a mentality can be viewed as weird by some programs and it may take shortcuts to make it truly successful.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker shares their experience with playing online poker during the time of the World Series of Poker while also getting their education paid for through the winnings.
23:38 - 28:53 (05:15)
Summary
The speaker shares their experience with playing online poker during the time of the World Series of Poker while also getting their education paid for through the winnings.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker suggests that a good way to sell cars online is by presenting the benefits of the car and offering a good deal through a form, not necessarily making it look like the official brand's website.
28:53 - 32:21 (03:27)
Summary
The speaker suggests that a good way to sell cars online is by presenting the benefits of the car and offering a good deal through a form, not necessarily making it look like the official brand's website.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
A person expresses their desire to ensure that their colleague's career is set for success, with the underlying tension of not wanting to work hard for someone else's benefit.
32:21 - 35:48 (03:26)
Summary
A person expresses their desire to ensure that their colleague's career is set for success, with the underlying tension of not wanting to work hard for someone else's benefit.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker shares their experience about selling a business for millions of dollars and celebrating their retirement.
35:48 - 38:02 (02:14)
Summary
The speaker shares their experience about selling a business for millions of dollars and celebrating their retirement. However, they also express that they do not feel the need to boast about their success.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The online gambling platform, FanDuel, made a pivot to only focus on legal states for gambling, after realizing they were an exclusive source of customer acquisition in those markets.
38:02 - 42:39 (04:37)
Summary
The online gambling platform, FanDuel, made a pivot to only focus on legal states for gambling, after realizing they were an exclusive source of customer acquisition in those markets.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
Jenna interviews Bobby about the challenges of launching a virtual assistance based business, while also discussing the benefits it can bring to a company's productivity.
42:39 - 46:05 (03:25)
Summary
Jenna interviews Bobby about the challenges of launching a virtual assistance based business, while also discussing the benefits it can bring to a company's productivity. The podcast also provides tips for those looking to start a career as a virtual assistant, which can be as easy as applying online.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The podcast discusses various pranks that people have pulled on each other, including a website where people send in photos of pranks, and how one of the website's owner had to take down all the pictures due to legal issues.
46:05 - 47:56 (01:50)
Summary
The podcast discusses various pranks that people have pulled on each other, including a website where people send in photos of pranks, and how one of the website's owner had to take down all the pictures due to legal issues.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
An affiliate marketer shares about how everything worked perfectly but then drastically changed leaving them unsure if it would work at all for two years.
47:56 - 50:22 (02:26)
Summary
An affiliate marketer shares about how everything worked perfectly but then drastically changed leaving them unsure if it would work at all for two years.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker recounts a story of their startup company experiencing rapid success after a few weeks of being in business without changing any of their marketing tactics.
50:22 - 52:54 (02:31)
Summary
The speaker recounts a story of their startup company experiencing rapid success after a few weeks of being in business without changing any of their marketing tactics.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker discusses their experience starting a gambling business and their excitement towards investing in websites with the help of a friend who is skilled at building them.
52:54 - 55:52 (02:58)
Summary
The speaker discusses their experience starting a gambling business and their excitement towards investing in websites with the help of a friend who is skilled at building them.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The co-founders of Hims, Andrew Dudum and Jack Abraham, discuss negotiating investment and objectively evaluating your company during its growth phase.
55:52 - 57:57 (02:04)
Summary
The co-founders of Hims, Andrew Dudum and Jack Abraham, discuss negotiating investment and objectively evaluating your company during its growth phase.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker shares about their experience of domain squatting on popular websites such as Paradise Poker and Facebook, leading to a successful sale of their website faceboom.com for $20k.
57:57 - 1:03:29 (05:31)
Summary
The speaker shares about their experience of domain squatting on popular websites such as Paradise Poker and Facebook, leading to a successful sale of their website faceboom.com for $20k.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
An affiliate marketer talks about their experience with offshore ads and discussing regulations with regulators who had never talked to a large affiliate before.
1:03:28 - 1:07:35 (04:06)
Summary
An affiliate marketer talks about their experience with offshore ads and discussing regulations with regulators who had never talked to a large affiliate before.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
In this podcast episode, the speaker describes how Silicon Valley trains its tech workers and the parallels between training a dog and training a person to work in tech.
1:07:35 - 1:13:04 (05:28)
Summary
In this podcast episode, the speaker describes how Silicon Valley trains its tech workers and the parallels between training a dog and training a person to work in tech. They also discuss finding clever angles in business.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
In this podcast transcript, a group of friends delve into their experiences and opinions on investing in cryptocurrency and domain names, from the early days to present day.
1:13:04 - 1:16:33 (03:28)
Summary
In this podcast transcript, a group of friends delve into their experiences and opinions on investing in cryptocurrency and domain names, from the early days to present day.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker shares their surprise when their Indian auntie mentions Bitcoin and Ethereum at a family wedding, and discusses the temptation to buy or sell cryptocurrency based on market fluctuations and news.
1:16:33 - 1:20:56 (04:23)
Summary
The speaker shares their surprise when their Indian auntie mentions Bitcoin and Ethereum at a family wedding, and discusses the temptation to buy or sell cryptocurrency based on market fluctuations and news.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The volatility of cryptocurrency can make it seem like a risky investment, but it's important to consider both the good and the bad before making a decision.
1:20:56 - 1:24:35 (03:38)
Summary
The volatility of cryptocurrency can make it seem like a risky investment, but it's important to consider both the good and the bad before making a decision.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
Mike is seeking help to create a tweet regarding the growth of Milk Road and other businesses due to the rise of cryptocurrency, which is seen as a positive and rock-solid investment.
1:24:35 - 1:26:29 (01:54)
Summary
Mike is seeking help to create a tweet regarding the growth of Milk Road and other businesses due to the rise of cryptocurrency, which is seen as a positive and rock-solid investment.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The guest speaker is known for his exceptional business analysis skills, and has been able to leverage his ability to grow a variety of businesses.
1:26:29 - 1:31:24 (04:55)
Summary
The guest speaker is known for his exceptional business analysis skills, and has been able to leverage his ability to grow a variety of businesses. He explains this by sharing his experiences in the poker affiliate world as well as selling CDs on eBay.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
A focus on creating outlier outcomes requires thinking about what creates them instead of what results in average outcomes, in addition to having long-term conviction and understanding the ups and downs.
1:31:24 - 1:34:06 (02:41)
Summary
A focus on creating outlier outcomes requires thinking about what creates them instead of what results in average outcomes, in addition to having long-term conviction and understanding the ups and downs.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
In this podcast episode, the speaker shares their experience of selling their first company and how building relationships with individuals outside of the industry helped in the process.
1:34:06 - 1:37:11 (03:04)
Summary
In this podcast episode, the speaker shares their experience of selling their first company and how building relationships with individuals outside of the industry helped in the process.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
Members set and bet on achieving fitness goals during a retreat, with body fat measures and scales used to verify progress.
1:37:11 - 1:41:10 (03:59)
Summary
Members set and bet on achieving fitness goals during a retreat, with body fat measures and scales used to verify progress.
EpisodeBREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
PodcastMy First Million
The speaker recounts their experience of climbing a steep slope in harsh weather conditions, where the winds and ice made the climb challenging and risky.
1:41:10 - 1:42:53 (01:42)
Summary
The speaker recounts their experience of climbing a steep slope in harsh weather conditions, where the winds and ice made the climb challenging and risky. The speaker also shares their concern regarding the slipping of the skins.