In this episode Shaan (@ShaanVP) reveals the creation of the first My First Million NFT. Sam (@theSamParr) and Shaan also talk about Laird Hamilton's Superfood company, whether people should lie more, and they share their reactions to an recent twitter thread. They close out the episode with ideas around other niches Figs could work for, opportunities with crypto conferences, and in creating retreats. --------- * The MFM NFT - https://bit.ly/MFM-NFT * Stripe for Vice - https://twitter.com/mrskylor/status/1437182707675504640 * 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: https://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: * (1:53) Laird Hamilton's publicly traded company * (6:04) The battery theory * (10:17) The MFM NFT * (14:08) The Stripe for vice story * (20:00) Should people lie more? * (23:32) Figs for construction * (35:40) Meet George Barber * (37:12) Meow Wolf for immersive experiences * (41:11) Two bit circus * (44:15) The big opportunities with crypto conferences * (47:29) Event & retreat opportunities * (51:36) What success can look like in VC
HubSpot CRM provides businesses with all the necessary tools to automate tasks, keep track of customers and deals, and allow teams to access data, all while being easy to use and free to start.
The Surfer CEO, known for his wisdom and understanding of how to treat people, has expanded his business to include a range of creamers and health foods, without using almond milk or Oatly.
Laird Hamilton and David Gagan are two examples of extreme fitness at different stages of life, but while Laird is still in great shape, David's hard-partying lifestyle seems to have taken a toll on his health later in life. The discussion then shifts to celebrity-endorsed products, like Trump's battery theory, where the branding is just a combination of the celebrity's face and any generic product.
The speaker ponders whether excessive exercise is worth the strain on the body and suggests going for walks instead.
The hosts discuss the idea of using Stripe for Vice Ventures as a way to track the flow of money and growth of their podcast.
The idea of creating a payment processor with open terms and conditions like Stripe but without restrictions can be a strategic move to compete against big monopolies. By finding smaller banks or local banks that will work for a monthly fee, it is possible to build a product with the same quality and developer-friendliness as Stripe but with different terms and conditions.
The belief that multi-thread problems are the cause of application slowdowns, is a common misconception in programming, often perpetuated by programmers themselves. This myth has been debunked numerous times by experts.
The speaker discusses their perception of healthcare professionals on social media and how they are portrayed to the public, mentioning that based on their appearance they look more like supermodels rather than their traditional attire of baggy blue scrubs.
Transcript snippet discussing the rising popularity of Carhartt fashion and its presence in college fashion trends.
Vintage product company, Crushed, sells unique items like whiskey glasses and hats. Today's episode is brought to you by Side Hustle Pro, a podcast that offers tips and inspiration for turning your side hustle into a successful business.
The podcast discusses an innovative idea of owning and financing a warehouse filled with cool and interesting things like a rave museum.
The concept is to create an interactive exhibit using technology to create a haunted house, and cater to different niches, for example, creating a private exhibit for Facebook.
The idea of pop-up tents that leverage science or technology for kids could be a successful traveling circus as it offers a great way to provide fun exhibits and demos for visual stimulation and education. This could be a new and innovative way to help kids learn while having a fun experience.
Club LTV is an e-commerce platform for store owners who generate between one and 100 million in revenue. It is a non-tech platform that supports business owners in their growth journey.
The speaker predicts that the person being addressed will likely make 15 to 30 million dollars over a 10 to 15 year period of investing and praises them for doing as good as anyone in the field.
The speaker is discussing a person who has had multiple big wins, around 10, including being the lead investor in Google.
The speaker reflects on the hidden costs and extra stress of success, despite its association with extreme skill and luck.