Episode
#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
1:02:29
Published: Wed Apr 21 2021
Description
Shaan (@ShaanVP) and Sam (@TheSamParr) dive deep into 75 Hard: what it is, who's behind it, and why it's so successful. From there they talk about a similar business: Beachbody. Beachbody does over $1B in sales, but the way they generate their profits will surprise you. The guys also brainstorm on "HackerNews for X" ideas and how to pull them off. Towards the end, Sam challenges Shaan on why he's running so many businesses and not focusing on just one. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (2:00) Talking pod growth * (8:20) Shaan's funny story from college * (13:12) "HackerNews for X" * (30:12) What is 75 Hard? * (35:30) How Beachbody became a $1B behemoth * (52:04) Sam challenges Shaan on doing many businesses instead of focusing
Chapters
The speaker discusses an over-eager student who seemed to be a know-it-all and sucked up to the teacher.
00:00 - 02:05 (02:05)
Summary
The speaker discusses an over-eager student who seemed to be a know-it-all and sucked up to the teacher. They also discuss various topics and ramble on throughout the podcast.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The speaker predicts their company will hit a million downloads a month by January at 10% growth and anticipates about 6 million total downloads with continued growth.
02:05 - 04:20 (02:14)
Summary
The speaker predicts their company will hit a million downloads a month by January at 10% growth and anticipates about 6 million total downloads with continued growth.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The host suggests revisiting previous successful podcast episodes and repackaging them in a better format to maintain listenership even during slow periods.
04:20 - 08:14 (03:54)
Summary
The host suggests revisiting previous successful podcast episodes and repackaging them in a better format to maintain listenership even during slow periods.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
A student talks about trying to take an interesting class but instead opting for an easy class on geology, and how he found out the easy classes football and basketball players took.
08:14 - 10:32 (02:18)
Summary
A student talks about trying to take an interesting class but instead opting for an easy class on geology, and how he found out the easy classes football and basketball players took.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The speaker recalls a classroom discussion about internet topics and how they chose to quietly participate while another student sucked up to the professor.
10:32 - 13:16 (02:43)
Summary
The speaker recalls a classroom discussion about internet topics and how they chose to quietly participate while another student sucked up to the professor.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The conversation about crypto is often centered around the price, but there is an opportunity to create a platform that focuses on learning and interesting developments.
13:16 - 16:52 (03:36)
Summary
The conversation about crypto is often centered around the price, but there is an opportunity to create a platform that focuses on learning and interesting developments. This could be the Hacker News of crypto.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
In this podcast, the speaker talks to Andrew Wilkinson about building a reputation in the crypto industry and suggests creating a platform similar to Paul Graham's hackery, but specifically for crypto.
16:52 - 20:01 (03:09)
Summary
In this podcast, the speaker talks to Andrew Wilkinson about building a reputation in the crypto industry and suggests creating a platform similar to Paul Graham's hackery, but specifically for crypto.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
Discussion forums like Reddit and Hacker News are vulnerable to manipulation through fake accounts, where individuals or groups create multiple accounts to post content and give an impression of a thriving community, which can be used for ulterior motives.
20:01 - 24:12 (04:10)
Summary
Discussion forums like Reddit and Hacker News are vulnerable to manipulation through fake accounts, where individuals or groups create multiple accounts to post content and give an impression of a thriving community, which can be used for ulterior motives.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The concept of level playing field is discussed, using the example of creating a wine club for those who know about wine.
24:12 - 27:59 (03:47)
Summary
The concept of level playing field is discussed, using the example of creating a wine club for those who know about wine. The idea of being a "product guy" and developing productive habits is also explored.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The process of building a fire on Survivor and building an online community have similarities.
27:59 - 30:44 (02:45)
Summary
The process of building a fire on Survivor and building an online community have similarities. Both require hard work, dedication, and attention to detail, and a huge section with 10 or 20 articles can help make it easier.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The podcast episode includes two ads for Side Hustle Pro and Marketing School, both on the HubSpot Podcast Network, hosted by Nikayla Matthews-Akome and Neil Patel respectively.
30:44 - 33:59 (03:15)
Summary
The podcast episode includes two ads for Side Hustle Pro and Marketing School, both on the HubSpot Podcast Network, hosted by Nikayla Matthews-Akome and Neil Patel respectively.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
Two podcast hosts discuss their mixed feelings towards Gary Vee’s preachings and also admire his success of building a well-known brand and supplement company.
33:59 - 37:17 (03:17)
Summary
Two podcast hosts discuss their mixed feelings towards Gary Vee’s preachings and also admire his success of building a well-known brand and supplement company.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The founder of a home fitness product realized the value of authentic-looking customer testimonials and started using footage that resembled America's funniest home videos rather than relying on heavily-edited testimonials from fitness models.
37:17 - 42:37 (05:19)
Summary
The founder of a home fitness product realized the value of authentic-looking customer testimonials and started using footage that resembled America's funniest home videos rather than relying on heavily-edited testimonials from fitness models. This approach was unique during a time when most at-home fitness products relied on gimmicky equipment and infomercials.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The speaker reflects on the relationship between MLMs and fitness magazines, and shares his concern about the morality of MLMs.
42:37 - 45:50 (03:13)
Summary
The speaker reflects on the relationship between MLMs and fitness magazines, and shares his concern about the morality of MLMs.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The podcast discusses the effectiveness of marketing fitness products by setting a timeframe of expected results, such as 30 days of eating whole foods only or 75 hard, and compares it to the sales method used by supplement companies.
45:50 - 50:24 (04:33)
Summary
The podcast discusses the effectiveness of marketing fitness products by setting a timeframe of expected results, such as 30 days of eating whole foods only or 75 hard, and compares it to the sales method used by supplement companies.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The importance of setting a mindset for success in all aspects of life and creating opportunities for others to achieve success as well.
50:24 - 53:29 (03:04)
Summary
The importance of setting a mindset for success in all aspects of life and creating opportunities for others to achieve success as well. The idea of creating a 90-day program to help others achieve their fitness goals is discussed.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The P90X and 75 Hard fitness programs are discussed in this podcast, with the suggestion that people should find a program that is reasonable for them to commit to.
53:29 - 56:22 (02:53)
Summary
The P90X and 75 Hard fitness programs are discussed in this podcast, with the suggestion that people should find a program that is reasonable for them to commit to. Step three involves sharing the results with more people.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
The speaker challenges the notion that one should constantly pursue side projects and cryptocurrency trading each day like Tim Ferriss, arguing that it's not necessarily the best use of time.
56:22 - 59:26 (03:03)
Summary
The speaker challenges the notion that one should constantly pursue side projects and cryptocurrency trading each day like Tim Ferriss, arguing that it's not necessarily the best use of time.
Episode#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstorming "HackerNews for X"
PodcastMy First Million
Exercise can be as enjoyable as playtime and video games, with hand-eye coordination, strategy, and social elements.
59:27 - 1:01:28 (02:01)
Summary
Exercise can be as enjoyable as playtime and video games, with hand-eye coordination, strategy, and social elements. Even when not feeling motivated to exercise, people often feel happy after completing a workout.