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Episode

#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
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56:07
Published: Fri Mar 20 2020
Description

Sam (@thesamparr) and Shaan (@shaanvp) are chatting over the internet about Corona virus and all things business, markets and life impact it's having. Come hang: www.facebook.com/groups/ourfirstmillion. Want to make your first million with your mobile app? You have to prioritize your user experience first.HeadSpin is here to help. With HeadSpin’s new all-in-one platform, you can now test, monitor, and analyze mobile applications across devices, locations and networks. With state-of-the-art Global Device Cloud can help you obtain unique carrier network, device, and OS level insights for your app in more than 150 locations around the world. No SDK required. Learn more at headspin.io.  See acast.com/privacy for privacy and opt-out information.

Chapters
This podcast discusses the benefits of using a customer relationship management (CRM) system to automate tasks, keep track of contact info and deals, and improve team collaboration.
00:00 - 02:07 (02:07)
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CRM
Summary

This podcast discusses the benefits of using a customer relationship management (CRM) system to automate tasks, keep track of contact info and deals, and improve team collaboration. The hosts also mention multiple ad spots for a specific CRM provider.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The speaker compares the coronavirus pandemic to 9/11 and mentions the "shelter in place" policy which requires individuals to stay at home except for essential needs, such as groceries and medical attention.
02:07 - 06:05 (03:57)
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Coronavirus
Summary

The speaker compares the coronavirus pandemic to 9/11 and mentions the "shelter in place" policy which requires individuals to stay at home except for essential needs, such as groceries and medical attention. The speaker also ponders whether this crisis will reveal those who were unprepared or ill-equipped to handle it.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
This podcast discusses the benefits of investing in billboards for long-term passive income generation, comparing it to other popular investment options such as real estate.
06:05 - 09:45 (03:39)
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Investing
Summary

This podcast discusses the benefits of investing in billboards for long-term passive income generation, comparing it to other popular investment options such as real estate.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The speaker discusses the controversy surrounding Chuck E. Cheese during the pandemic, with 100 kids going to the restaurant and grandparents being at risk.
09:45 - 12:32 (02:47)
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Chuck E. Cheese
Summary

The speaker discusses the controversy surrounding Chuck E. Cheese during the pandemic, with 100 kids going to the restaurant and grandparents being at risk.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
This podcast episode discusses personal accounts of individuals who either don't care about the COVID-19 outbreak, or have experienced symptoms and been tested positive for the virus, and their reactions to the situation.
12:32 - 15:05 (02:32)
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Coronavirus
Summary

This podcast episode discusses personal accounts of individuals who either don't care about the COVID-19 outbreak, or have experienced symptoms and been tested positive for the virus, and their reactions to the situation.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
Headspin provides a global device cloud with real phones from around the world to help test, monitor and analyze user experience across different devices, locations and networks.
15:05 - 18:27 (03:21)
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Mobile Apps
Summary

Headspin provides a global device cloud with real phones from around the world to help test, monitor and analyze user experience across different devices, locations and networks.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The speaker shares extreme measures he's taken for weight loss, including running his own weight loss study and making bets with his friends.
18:27 - 21:44 (03:17)
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Weight Loss
Summary

The speaker shares extreme measures he's taken for weight loss, including running his own weight loss study and making bets with his friends.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The speaker admits to lying about liking food samples at Costco just to avoid a punishment and shares their love for the act of trying new things.
21:44 - 23:40 (01:56)
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Costco
Summary

The speaker admits to lying about liking food samples at Costco just to avoid a punishment and shares their love for the act of trying new things.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The speaker discusses the potential need for a bailout for industries such as retail, casinos, cruise lines, and sports leagues due to the impact of COVID-19, as they will have difficulty surviving during an extended period of quarantine.
23:40 - 28:26 (04:45)
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Blue Collar Bailout
Summary

The speaker discusses the potential need for a bailout for industries such as retail, casinos, cruise lines, and sports leagues due to the impact of COVID-19, as they will have difficulty surviving during an extended period of quarantine.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
Stock buybacks have become a common practice in the US, with 65% of profits not going towards employee wages or investing for growth.
28:26 - 35:16 (06:50)
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Stock Buybacks
Summary

Stock buybacks have become a common practice in the US, with 65% of profits not going towards employee wages or investing for growth. This has led to questions about whether airline companies, who have engaged in stock buybacks, should receive a bailout from the government.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The current economic situation presents an opportunity for investors to purchase dilapidated hotels and renovate them for alternative forms of housing or commercial spaces.
35:17 - 40:06 (04:49)
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Investment
Summary

The current economic situation presents an opportunity for investors to purchase dilapidated hotels and renovate them for alternative forms of housing or commercial spaces. By offering a platform for individuals to submit their ideas, demand can be measured and successful execution can yield significant profits.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
Coupon books have evolved to match the internet's growth.
40:06 - 43:45 (03:38)
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Coupon Books
Summary

Coupon books have evolved to match the internet's growth. Eric Ryan recently talked about his experiences with D2C brands that sell through Target and other similar sales channels while similar extension tools like Honey have made digital couponing easier.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The slow and difficult scaling processes of local businesses makes Groupon 2.0, an updated version of the company's sales platform, a potentially valuable tool for both consumers and local entrepreneurs.
43:45 - 45:51 (02:06)
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Groupon
Summary

The slow and difficult scaling processes of local businesses makes Groupon 2.0, an updated version of the company's sales platform, a potentially valuable tool for both consumers and local entrepreneurs.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The speaker believes that the coronavirus pandemic won't cause a recession, but it will serve as the needle that pops the bubble.
45:51 - 49:20 (03:28)
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coronavirus
Summary

The speaker believes that the coronavirus pandemic won't cause a recession, but it will serve as the needle that pops the bubble. The prediction is that there will be a rise in discount memberships such as buying clubs.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The availability of time, new hardware or software during certain times of the year can impact advertising, leading to temporary dips in demand for social media companies.
49:20 - 52:45 (03:25)
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Advertising
Summary

The availability of time, new hardware or software during certain times of the year can impact advertising, leading to temporary dips in demand for social media companies. This provides opportunities for businesses during these periods of time.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million
The host notices that engineers who discuss growth tactics and customer service on Twitter are particularly unique and worth getting to know, and decides to meet an engineer in person to discuss his work in those areas.
52:45 - 56:16 (03:31)
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Customer Service
Summary

The host notices that engineers who discuss growth tactics and customer service on Twitter are particularly unique and worth getting to know, and decides to meet an engineer in person to discuss his work in those areas.

Episode
#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Businesses
Podcast
My First Million