Episode

Companies of One that Make Millions with Steph Smith
listen on Spotify
54:03
Published: Thu Dec 23 2021
Description

Sam Parr (@theSamParr) sits down with Steph Smith (@StephSmithio), indie creator and host of the "Sh*t You Didn't Learn in School" podcast, to talk about companies with only one employee that are making millions and what we can learn from them.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want more insights like MFM? Check out Shaan's newsletter. _____ Show Notes: (00:50) - How Steph plans to become a billionaire (04:30) - BuiltWith.com, Levels.io, and Ugmonk. (08:00) - Carrd. About.me. Unfold. Media kits. (11:30) - NextEpisode.net (18:30) - The MotoMeter (22:15) - HeadLime (26:00) - Sites that have a surprising amount of traffic - GlitchnDealz.com, FoodTimeline.org (40:30) - "Your listicle is my opportunity" (45:15) - Magnus Carlsen and chess

Chapters
HubSpot CRM is a modern and affordable all-in-one solution for growing businesses.
00:00 - 00:51 (00:51)
listen on Spotify
HubSpot CRM
Summary

HubSpot CRM is a modern and affordable all-in-one solution for growing businesses. It offers automation of tedious tasks, keeps track of customer and deal data, and provides easy access to the entire team.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
The hosts discuss "companies of one", which take a different approach to building businesses and are anti-billionaire.
00:51 - 03:52 (03:00)
listen on Spotify
Entrepreneurship
Summary

The hosts discuss "companies of one", which take a different approach to building businesses and are anti-billionaire. They also mention keeping a running list of new ideas they come across for potential discussion on the show.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
Built With began as a t-shirt company selling high-quality shirts and has since expanded into productivity products.
03:52 - 09:25 (05:32)
listen on Spotify
Success Story
Summary

Built With began as a t-shirt company selling high-quality shirts and has since expanded into productivity products. The founder, Jeff Sheldon, has gained a following on Twitter for his beautiful desk setup.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
A personal website like hustle.co or stephsmith.com could still exist and have estimated monthly traffic of 3.6 million uniques a month, especially if managed by one person.
09:25 - 13:19 (03:54)
listen on Spotify
Website traffic
Summary

A personal website like hustle.co or stephsmith.com could still exist and have estimated monthly traffic of 3.6 million uniques a month, especially if managed by one person.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
The owner of a San Francisco townhome, zoned as business, has been working on his own for 15 years and has accumulated over a million page reviews.
13:19 - 17:42 (04:22)
listen on Spotify
Solopreneurship
Summary

The owner of a San Francisco townhome, zoned as business, has been working on his own for 15 years and has accumulated over a million page reviews. He has avoided scaling through hiring and was featured on Hacker News as a solopreneur.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
The concept of sharing revenue has evolved and some people are now exploring new ways to share their earnings.
17:42 - 22:23 (04:41)
listen on Spotify
Revenue sharing
Summary

The concept of sharing revenue has evolved and some people are now exploring new ways to share their earnings. In places like Chenggu, people are creating innovative open pages and sharing their ideas.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
Peter highlights unique yet effective marketing strategies such as generating mass images and giving away money via Twitter.
22:23 - 24:30 (02:06)
listen on Spotify
Marketing
Summary

Peter highlights unique yet effective marketing strategies such as generating mass images and giving away money via Twitter.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
Successful startups often focus on solving niche problems that seem small, but actually have a larger consumer base than initially anticipated.
24:30 - 28:08 (03:38)
listen on Spotify
Startups
Summary

Successful startups often focus on solving niche problems that seem small, but actually have a larger consumer base than initially anticipated. Many entrepreneurs make the mistake of trying to solve problems that do not really exist instead.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
The Age Refs website and the Keyword Explorer tool can provide hundreds of keyword ideas for sustainable business ventures, particularly those related to health and wellness.
28:08 - 51:01 (22:52)
listen on Spotify
Sustainable Business Ventures
Summary

The Age Refs website and the Keyword Explorer tool can provide hundreds of keyword ideas for sustainable business ventures, particularly those related to health and wellness. Meanwhile, chess.com's features make it an ideal platform for player improvement in the game.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million
The speaker expresses his nervousness about appearing on a popular podcast, and discusses his self-doubt in sharing his ideas.
51:01 - 53:09 (02:07)
listen on Spotify
Podcast Guesting
Summary

The speaker expresses his nervousness about appearing on a popular podcast, and discusses his self-doubt in sharing his ideas. He praises the hosts for their conversational skills and humor.

Episode
Companies of One that Make Millions with Steph Smith
Podcast
My First Million