Episode
#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
48:22
Published: Sat Mar 07 2020
Description
Sam (@thesamparr) and Shaan (@shaanvp) talk ideas, news, trends and businesses. Why aren't you in our Facebook group yet? www.facebook.com/groups/ourfirstmillion. For detailed show notes: https://bit.ly/3aOxEBz. Topics for today: Sequoia Memo (5:00), Virality in startups and viruses (8:51), Lead Gen Businesses (14:39), Islamic Finance (30:06) & Rebranding actions & lifestyles (42:18). See acast.com/privacy for privacy and opt-out information.
Chapters
This podcast discusses the benefits of using a CRM platform, such as automating tasks and improving team collaboration, as well as the challenges of integrating and justifying the expense of such a platform.
00:00 - 02:02 (02:02)
Summary
This podcast discusses the benefits of using a CRM platform, such as automating tasks and improving team collaboration, as well as the challenges of integrating and justifying the expense of such a platform.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The speaker believes that some podcasts tend to feature topics with a low-to-zero tech focus but highlight personal experiences, while some may be too focused and specific, excluding new listeners.
02:02 - 05:37 (03:34)
Summary
The speaker believes that some podcasts tend to feature topics with a low-to-zero tech focus but highlight personal experiences, while some may be too focused and specific, excluding new listeners.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
A company called an emergency meeting for their portfolio companies to prepare them for an economic downturn by encouraging them to raise money immediately if they don't have 12 months worth of funds.
05:37 - 11:06 (05:28)
Summary
A company called an emergency meeting for their portfolio companies to prepare them for an economic downturn by encouraging them to raise money immediately if they don't have 12 months worth of funds.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The speaker recalls the successful growth of a charity campaign that gained 5 million sign ups within two weeks, with India being a particularly strong market for it.
11:06 - 16:04 (04:57)
Summary
The speaker recalls the successful growth of a charity campaign that gained 5 million sign ups within two weeks, with India being a particularly strong market for it. The campaign utilized plug-ins that allowed for easy sharing among Gmail contacts.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The best approach to lead generation is to identify the market size, estimated cost per lead, and level of competition before implementing a strategy.
16:04 - 20:22 (04:18)
Summary
The best approach to lead generation is to identify the market size, estimated cost per lead, and level of competition before implementing a strategy. One example of this is using real estate websites to capture leads from individuals searching for housing.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
A discussion on the business of senior living, including the marketing tactics used by companies in the industry and the potential for financial instability in the market.
20:22 - 24:29 (04:06)
Summary
A discussion on the business of senior living, including the marketing tactics used by companies in the industry and the potential for financial instability in the market.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
International students are charged higher tuition fees than in-state and out-of-state students in the US.
24:29 - 27:19 (02:49)
Summary
International students are charged higher tuition fees than in-state and out-of-state students in the US. Additionally, lack of understanding of the US education system leads to extra expenses during the application process.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The podcast discusses the differences between two credit score information sites, one of which allows users to access strategic credit scores while the other uses free credit report recommendations as a hook.
27:19 - 30:44 (03:25)
Summary
The podcast discusses the differences between two credit score information sites, one of which allows users to access strategic credit scores while the other uses free credit report recommendations as a hook.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The Muslim faith advises against traditional loans and halal financing is a mechanism blessed by village elders that complies with Sharnia law.
30:45 - 36:44 (05:59)
Summary
The Muslim faith advises against traditional loans and halal financing is a mechanism blessed by village elders that complies with Sharnia law. Borrowers can pull from a pool of halal financing to buy a home, and it is a compliance or compliant financing mechanism that Muslims prefer to traditional loans.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
A few challenger banks have successfully obtained banking licenses which is very rare.
36:44 - 38:44 (02:00)
Summary
A few challenger banks have successfully obtained banking licenses which is very rare. Starting a bank is nearly impossible.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The introduction of halal financing has gained popularity in the startup world, with even those who are not religiously devout being interested in it.
38:44 - 41:00 (02:15)
Summary
The introduction of halal financing has gained popularity in the startup world, with even those who are not religiously devout being interested in it. People are willing to pay a premium, just as they would for halal or kosher meat, for financing that aligns with their cultural beliefs.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
A discussion about how MSG was rebranded as Umami and how people prefer convenient options.
41:00 - 45:09 (04:09)
Summary
A discussion about how MSG was rebranded as Umami and how people prefer convenient options.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The use of filler words such as "like" and "um" in political speech is often linked to hidden agendas and manipulation tactics.
45:09 - 48:01 (02:51)
Summary
The use of filler words such as "like" and "um" in political speech is often linked to hidden agendas and manipulation tactics. However, the speaker argues that this association is unfounded and uses intentional use of language to challenge stereotypes and expectations.
Episode#55 - Lead Gen Businesses, Islamic Finance & COVID-19 Virality
PodcastMy First Million
The hosts provide a call-to-action for listeners to tell their friends and leave reviews for the podcast.
48:01 - 48:21 (00:20)
Summary
The hosts provide a call-to-action for listeners to tell their friends and leave reviews for the podcast. They also mention their Twitter handles for listeners to engage with them.