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Episode

#99 - Creating the WeWork for Warehouses
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51:37
Published: Fri Aug 07 2020
Description

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are back together on the podcast to kick around some interesting ideas. In today’s episode Sam gives Shaan the rundown on his episode with Ryan Begelman (3:20), Shaan thinks through his life story and how to pitch yourself like a product (10:30), Shaan and Sam talk about WeWork for warehouses (17:50), how to build and structure VC funds on a small scale (27:05), how do you gear unconventional products towards women (39:20), Sam and Shaan ponder if theres's potential for a women-centric, alpha environment in the workplace (49:50). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

Chapters
In this podcast, the hosts discuss the impact of remote work on productivity, particularly during the pandemic.
00:00 - 01:20 (01:20)
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Remote work
Summary

In this podcast, the hosts discuss the impact of remote work on productivity, particularly during the pandemic. They consider the challenges and benefits of remote work, including the impact on company culture and individual work habits.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
The speaker talks about their athleticism and the various tricks and skills they could perform when they were young.
01:20 - 04:16 (02:55)
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Athletics
Summary

The speaker talks about their athleticism and the various tricks and skills they could perform when they were young. They also mention blowing out their knee months later.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
A group of friends decided to convince other rich people to buy a mountain in Utah that was going bankrupt.
04:16 - 09:41 (05:25)
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Mountain, Utah
Summary

A group of friends decided to convince other rich people to buy a mountain in Utah that was going bankrupt. They end up buying the mountain and improving it with a $50 million investment from their partners.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
In this podcast episode, the hosts discuss personal branding in the COVID-19 era, and how to quickly and effectively explain oneself to others.
09:41 - 13:29 (03:47)
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Personal Branding
Summary

In this podcast episode, the hosts discuss personal branding in the COVID-19 era, and how to quickly and effectively explain oneself to others. They reflect on the idea of a personal brand and how to discover and communicate one's core values.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
The speaker discusses the two different angles that he could use to define himself in terms of personal branding, either as an idea machine with a record of building products, or as the owner of The Hustle, a media company with over a million subscribers.
13:29 - 18:33 (05:03)
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Personal Branding
Summary

The speaker discusses the two different angles that he could use to define himself in terms of personal branding, either as an idea machine with a record of building products, or as the owner of The Hustle, a media company with over a million subscribers.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
As e-commerce dominates the retail market, many companies are seeking flexible and affordable warehousing options.
18:35 - 26:00 (07:25)
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E-commerce
Summary

As e-commerce dominates the retail market, many companies are seeking flexible and affordable warehousing options. The idea of a "We Work" model for warehouse spaces has been suggested, with Saltbox as the closest bet, but currently only having one location.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
This podcast episode discusses the potential shift to young people with big followings running venture capital firms or running a profitable business instead of a venture-backed one.
26:00 - 30:50 (04:49)
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Venture Capital
Summary

This podcast episode discusses the potential shift to young people with big followings running venture capital firms or running a profitable business instead of a venture-backed one. The guest speaker shares his experience with starting a venture-backed company that initially failed but was able to turn it around into a profitable and successful business with customers and contracts.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
The speaker suggests that if the purpose is purely for returns, investing in a business or the stock market may yield a better return profile than being an angel investor or an LP.
30:50 - 37:41 (06:51)
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Investing
Summary

The speaker suggests that if the purpose is purely for returns, investing in a business or the stock market may yield a better return profile than being an angel investor or an LP. He recommends seeking advice from friends who are LPs in well-known funds and not treating investing as a full-time profession.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
This business invests small percentages of institution capital and offers female-oriented tours and trips to consumers visiting the city.
37:41 - 41:36 (03:54)
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Investment, Tours, Female-Oriented
Summary

This business invests small percentages of institution capital and offers female-oriented tours and trips to consumers visiting the city.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
The episode discusses how language plays a vital role in defining social identity and establishing social hierarchies.
41:37 - 44:06 (02:29)
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Language, Social Identity
Summary

The episode discusses how language plays a vital role in defining social identity and establishing social hierarchies.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
A potential business idea for differentiation based on gender is to build a women's only social club or to create a women's publication network.
44:06 - 46:55 (02:48)
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Product Differentiation
Summary

A potential business idea for differentiation based on gender is to build a women's only social club or to create a women's publication network. There is already an example of success in this space with a man who started a women's audiobook company and made $5,000 in revenue in the first six weeks.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million
The market lacks financial services catered to women despite gender-tailored consumer packaged goods.
46:55 - 51:37 (04:42)
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Financial Services
Summary

The market lacks financial services catered to women despite gender-tailored consumer packaged goods. Women-only brands tend to pander and treat their customers as millennials instead of individuals.

Episode
#99 - Creating the WeWork for Warehouses
Podcast
My First Million