Episode
#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
52:15
Published: Sat Jan 18 2020
Description
The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. Today Shaan kicks it off with food industry ideas: keto peanut butter, vintage fast food chains transitioning into the modern era, modifying US chains and taking them global. Then the guys chat about Aliexpress, pop-up esport tournaments, Tough Mudder bankruptcy, data privacy tools, targeting wealthy alumni for fundraising, networking hacks and a discussion about Silicon Valley mistruths. See acast.com/privacy for privacy and opt-out information.
Chapters
This podcast features an entrepreneur who started with Grasshopper that helped automate tedious tasks, scaled it to 30 million in sales, saved a bunch of money in taxes and is now starting new projects, including Super Fat Keto Peanut Butter.
00:00 - 01:36 (01:36)
Summary
This podcast features an entrepreneur who started with Grasshopper that helped automate tedious tasks, scaled it to 30 million in sales, saved a bunch of money in taxes and is now starting new projects, including Super Fat Keto Peanut Butter.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The speaker discusses a certain product that he likes, but warns about its dryness which may not be favorable for everyone's taste.
01:36 - 05:08 (03:31)
Summary
The speaker discusses a certain product that he likes, but warns about its dryness which may not be favorable for everyone's taste.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
Despite not having many Chick-fil-A's in San Francisco due to their religious beliefs and their stance on social issues, there is a desire to have the chain without the negative aspects in other locations.
05:08 - 08:44 (03:35)
Summary
Despite not having many Chick-fil-A's in San Francisco due to their religious beliefs and their stance on social issues, there is a desire to have the chain without the negative aspects in other locations.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
A discussion about the customization of sports drinks and the niche professions involved in creating specialized flavor profiles and ingredient combinations.
08:44 - 12:09 (03:25)
Summary
A discussion about the customization of sports drinks and the niche professions involved in creating specialized flavor profiles and ingredient combinations.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
A discussion about the intersection of food innovation and social media, including how companies experiment with flavor combinations and how social media metrics can indicate product popularity.
12:09 - 15:22 (03:12)
Summary
A discussion about the intersection of food innovation and social media, including how companies experiment with flavor combinations and how social media metrics can indicate product popularity.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
AirPods replacement cases and aesthetic modifications are becoming increasingly popular, leading to a potential business opportunity for entrepreneurs.
15:22 - 18:44 (03:22)
Summary
AirPods replacement cases and aesthetic modifications are becoming increasingly popular, leading to a potential business opportunity for entrepreneurs. While hosting an AirPods tournament would be difficult due to overhead costs, AirPods accessories have the potential to generate significant revenue.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
Pop-up e-sport festivals can provide a unique experience for teenagers who want to participate in competitive gaming tournaments.
18:44 - 22:39 (03:54)
Summary
Pop-up e-sport festivals can provide a unique experience for teenagers who want to participate in competitive gaming tournaments. This trend is expected to grow in the future.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
In this episode, the host talks about the evolution of out-of-home entertainment, from old-school cheese to new-age Chuck E. Cheese, and the role of Pandora as a tool for businesses.
22:39 - 25:30 (02:51)
Summary
In this episode, the host talks about the evolution of out-of-home entertainment, from old-school cheese to new-age Chuck E. Cheese, and the role of Pandora as a tool for businesses. They also discuss the importance of privacy in online transactions, using privacy.com as an example.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The speaker explains how he built an extension that creates burner emails whenever he is asked for his email address in order to maintain privacy and simplify his workflow.
25:30 - 28:11 (02:40)
Summary
The speaker explains how he built an extension that creates burner emails whenever he is asked for his email address in order to maintain privacy and simplify his workflow.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
A legitimate VC fund was able to raise capital by cold emailing the alumni database of Wharton, and offering them the opportunity to invest in MBA entrepreneurs from top business schools.
28:11 - 31:11 (03:00)
Summary
A legitimate VC fund was able to raise capital by cold emailing the alumni database of Wharton, and offering them the opportunity to invest in MBA entrepreneurs from top business schools. This strategy allows them to raise funds from wealthy alumni who would not typically have access to VC funds.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The guest speaker discusses the importance of leveraging alumni networks for career advancement, using examples such as a cold email that landed a meeting with the founder of Pandora.
31:12 - 34:13 (03:01)
Summary
The guest speaker discusses the importance of leveraging alumni networks for career advancement, using examples such as a cold email that landed a meeting with the founder of Pandora. Duke University is cited as an example of a school with a strong alumni network.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
A discussion about the misconception that in order to become wealthy one has to be "passionate" rather than just focusing on making money.
34:13 - 37:43 (03:29)
Summary
A discussion about the misconception that in order to become wealthy one has to be "passionate" rather than just focusing on making money. It was suggested that passion is important but solving problems and being dynamic is what really drives success.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The speaker emphasizes the importance of greatness in hiring and design, comparing it to the unlabeled items in the back of a pharmacy.
37:43 - 40:28 (02:45)
Summary
The speaker emphasizes the importance of greatness in hiring and design, comparing it to the unlabeled items in the back of a pharmacy.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The success of a brand depends on the quality of the product it produces, regardless of its branding or external image.
40:28 - 44:19 (03:50)
Summary
The success of a brand depends on the quality of the product it produces, regardless of its branding or external image. Focusing on creating a high quality product that caters to the user experience is key to building a successful brand.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
In this excerpt from the podcast, the hosts discuss their decision-making process in regards to building a website and whether or not to hire a programmer or use a website builder.
44:19 - 46:03 (01:43)
Summary
In this excerpt from the podcast, the hosts discuss their decision-making process in regards to building a website and whether or not to hire a programmer or use a website builder.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The speaker explains how a business selling memorabilia, such as presidential coins, can lead to financial freedom.
46:03 - 48:56 (02:52)
Summary
The speaker explains how a business selling memorabilia, such as presidential coins, can lead to financial freedom. They emphasize the importance of bringing energy to your business in order to succeed.
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The speaker reflects on the importance of perseverance and operational savvy in building a successful business, using the example of a previous interview guest.
48:56 - 52:13 (03:17)
Summary
The speaker reflects on the importance of perseverance and operational savvy in building a successful business, using the example of a previous interview guest.