Episode
Crumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
1:05:51
Published: Tue Feb 14 2023
Description
Episode 419: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about how Crumbl Cookie is making a billion a year in profit, will AI take over sports, looking at underutilized assets to create businesses and much more. Want to see more MFM? Subscribe to the MFM YouTube channel here. ----- Links: * Flying Magazine * 1,000 True Fans * Parcast * Crumbl Cookies * Amjad Masad Twitter * Replit * 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: (07:50) - What is a university? (09:05) - Craig Fuller & FlyingMag (24:20) - Finding the real metric that matters (30:40) - Parcast (34:10) - Crumbl Cookies (42:20) - Super Bowl and AI (54:55) - Underutilized Assets Businesses ----- 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
A family on financial aid in New York City shares their experience with the competitive and intense process of trying to get their child into a top-tier private kindergarten school.
00:00 - 02:41 (02:41)
Summary
A family on financial aid in New York City shares their experience with the competitive and intense process of trying to get their child into a top-tier private kindergarten school.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The transcript covers a charity event during which shoes were auctioned off to raise money for an elementary school; however, the event becomes contentious and awkward when people start making questionable comments and suggesting inappropriate auction prices.
02:41 - 07:07 (04:26)
Summary
The transcript covers a charity event during which shoes were auctioned off to raise money for an elementary school; however, the event becomes contentious and awkward when people start making questionable comments and suggesting inappropriate auction prices.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The speaker questions the value of investing in a thousand person private prep school and compares universities to non-taxed hedge funds.
07:07 - 12:23 (05:15)
Summary
The speaker questions the value of investing in a thousand person private prep school and compares universities to non-taxed hedge funds.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
This episode discusses the benefits of building communities around unique and specific interests, with the example of selling watches and the potential for growth, as well as a listener who recently sold his company and is now pursuing his pilot license in order to use his private plane as a hub for his community.
12:23 - 15:56 (03:33)
Summary
This episode discusses the benefits of building communities around unique and specific interests, with the example of selling watches and the potential for growth, as well as a listener who recently sold his company and is now pursuing his pilot license in order to use his private plane as a hub for his community.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The speaker discusses his excitement for investing and entrepreneurship, but also emphasizes the importance of understanding the mechanics of business before executing on a new opportunity.
15:56 - 20:06 (04:10)
Summary
The speaker discusses his excitement for investing and entrepreneurship, but also emphasizes the importance of understanding the mechanics of business before executing on a new opportunity.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The host talks about the misleading reach metrics of social media platforms and how they can deceive creators into thinking their content is more successful than it actually is.
20:06 - 26:21 (06:15)
Summary
The host talks about the misleading reach metrics of social media platforms and how they can deceive creators into thinking their content is more successful than it actually is.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
One person shares their experience of buying 5,000 Twitter followers on a podcast and comments on another podcaster's alleged fake subscribers.
26:21 - 31:11 (04:49)
Summary
One person shares their experience of buying 5,000 Twitter followers on a podcast and comments on another podcaster's alleged fake subscribers.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The speaker reflects on the current trend of pandemic-related content and the popularity of true crime podcasts among women, particularly those with high production values.
31:11 - 34:08 (02:56)
Summary
The speaker reflects on the current trend of pandemic-related content and the popularity of true crime podcasts among women, particularly those with high production values. They also mention the influence of a radio announcer father on a podcast producer.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The speaker discusses Ancestry as an internet company and its popularity, but notes that not many people know anybody who works there or uses the site.
34:08 - 40:54 (06:46)
Summary
The speaker discusses Ancestry as an internet company and its popularity, but notes that not many people know anybody who works there or uses the site. They also talk about small internet providers and their revenue and profit in comparison to larger providers.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The development of AI technology has reached a point where computers can outperform humans in activities such as chess, go, and poker.
40:54 - 46:42 (05:47)
Summary
The development of AI technology has reached a point where computers can outperform humans in activities such as chess, go, and poker. This trend is expected to continue across all industries.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
This podcast episode delves into the use of technology in sports, such as in tennis and baseball, and how advanced stats are being used to better showcase players' impact on the game.
46:42 - 51:54 (05:12)
Summary
This podcast episode delves into the use of technology in sports, such as in tennis and baseball, and how advanced stats are being used to better showcase players' impact on the game.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The use of AI tracking in WWE can improve the accuracy of strikes and ensure uniformity of quality in performances, while addressing safety concerns.
51:54 - 58:07 (06:12)
Summary
The use of AI tracking in WWE can improve the accuracy of strikes and ensure uniformity of quality in performances, while addressing safety concerns.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The gig economy is moving towards highly specialized workers, similar to how movies like Ocean's 11 have specialized characters for specific tasks.
58:07 - 1:02:29 (04:21)
Summary
The gig economy is moving towards highly specialized workers, similar to how movies like Ocean's 11 have specialized characters for specific tasks. Uber is an example of this, and this trend has been noted by entrepreneur, Naval Ravikant.
EpisodeCrumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses
PodcastMy First Million
The future of work won't necessarily involve assembling bands like "Ocean's 11" to rob banks, but it will bring about changes in the way people make money, as the current 9-to-5 office culture will shift to something new and different.
1:02:29 - 1:05:39 (03:09)
Summary
The future of work won't necessarily involve assembling bands like "Ocean's 11" to rob banks, but it will bring about changes in the way people make money, as the current 9-to-5 office culture will shift to something new and different.