Episode
Companies of One that Make Millions with Steph Smith
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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
Summary
Peter highlights unique yet effective marketing strategies such as generating mass images and giving away money via Twitter.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.
EpisodeCompanies of One that Make Millions with Steph Smith
PodcastMy 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)
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.