Episode
MFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
1:38:14
Published: Thu Jun 09 2022
Description
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) with the help of Stonks.com , listen to five entrepreneurs pitch their business in hopes of getting Shaan and Sam to invest. ----- Links: * 5x * Bacarai * Munch * Nicklpass * Lil'Duckies Pool Co. * If you would like to invest in any of these companies, go here: https://stonks.com/my-first-million/demo-day/invest * If you want to watch this show on YouTube go here: https://www.youtube.com/watch?v=bu3v7lE9gYI * 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: (03:18) - Tarush Aggarwal (5X) (17:55) - Kenny Totten (Bacarai) (32:50) - Oren (Munch) (50:15) - Zaza and Allison Paz (Nicklpass) (01:11:25) - Colton Woodard (Lil'Duckies Pool Co.) (01:29:35) - Ali Moiz (Founder Stonks.com) ------ 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
Five startups are pitching on a podcast, hoping to secure funding from the hosts.
00:00 - 02:00 (02:00)
Summary
Five startups are pitching on a podcast, hoping to secure funding from the hosts. The hosts plan to critique the pitches and create engaging content for listeners.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
With over 77% of companies projected to use the modern data stack in the next decade, businesses can now implement end-to-end data strategies in a matter of weeks, providing an all-encompassing platform tailored to the company's use case, industry size, and budget.
02:00 - 05:02 (03:01)
Summary
With over 77% of companies projected to use the modern data stack in the next decade, businesses can now implement end-to-end data strategies in a matter of weeks, providing an all-encompassing platform tailored to the company's use case, industry size, and budget. The founder and CEO of 5X, a data management platform, discusses the benefits and growth of the modern data stack.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The transcript highlights how the speaker's company licenses vendors to provide an end-to-end platform for customers, discussing the challenges of attracting customers and vendors, and the potential revenue earned through their licensing model.
05:02 - 10:22 (05:20)
Summary
The transcript highlights how the speaker's company licenses vendors to provide an end-to-end platform for customers, discussing the challenges of attracting customers and vendors, and the potential revenue earned through their licensing model.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The hosts express interest in knowing more about the data of successful Software as a Service (SaaS) companies.
10:22 - 15:14 (04:52)
Summary
The hosts express interest in knowing more about the data of successful Software as a Service (SaaS) companies. They agree that good traction usually equates to a good business, and they want to study the matter further.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
Learn how to effectively pitch your business idea to someone by using a simple test of the first 30-60 seconds of your pitch and asking a friend for feedback.
15:15 - 21:24 (06:09)
Summary
Learn how to effectively pitch your business idea to someone by using a simple test of the first 30-60 seconds of your pitch and asking a friend for feedback. Also, be aware of potential interruptions from sponsored ads during podcast episodes.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
This podcast episode discusses the challenges of customer acquisition in the travel industry and highlights a trip management platform that helps to stay organized and reduce missed deposits and final balances.
21:25 - 27:03 (05:38)
Summary
This podcast episode discusses the challenges of customer acquisition in the travel industry and highlights a trip management platform that helps to stay organized and reduce missed deposits and final balances.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The group travel industry is worth over 130 billion a year, and there is a clear path for growth for companies that streamline the booking process.
27:04 - 30:57 (03:53)
Summary
The group travel industry is worth over 130 billion a year, and there is a clear path for growth for companies that streamline the booking process. One company aims to reach $50 million in revenue in the next five to six years by fixing the issue that booking group travel is a hassle.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
A team of content professionals aims to build a new platform that serves as a home for content creation based on data-driven processes, with no other platform currently providing this service.
30:57 - 36:50 (05:53)
Summary
A team of content professionals aims to build a new platform that serves as a home for content creation based on data-driven processes, with no other platform currently providing this service. However, the structure of their pitch needs improvement.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The speaker raises the question of whether there will be an expansion of social media analytics tools, similar to how tweet scheduling became a widely offered feature, and proposes that content creators could benefit from a dashboard that consolidates analytics from multiple platforms to monitor niche topics and engagement metrics.
36:51 - 45:44 (08:53)
Summary
The speaker raises the question of whether there will be an expansion of social media analytics tools, similar to how tweet scheduling became a widely offered feature, and proposes that content creators could benefit from a dashboard that consolidates analytics from multiple platforms to monitor niche topics and engagement metrics.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
Crafting a compelling pitch is essential in gaining an investor's attention and trust, as it taps into the primal desire of giving money.
45:44 - 49:51 (04:07)
Summary
Crafting a compelling pitch is essential in gaining an investor's attention and trust, as it taps into the primal desire of giving money. A well-crafted deck and story can be the universal language that an investor needs to fully understand your proposal.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The speaker explains how they joined a company relying on printouts to share information and struggling to monetize its massive global website traffic, but eventually partnered with big-name companies to offer discounts of up to 70% off retail.
49:51 - 54:16 (04:25)
Summary
The speaker explains how they joined a company relying on printouts to share information and struggling to monetize its massive global website traffic, but eventually partnered with big-name companies to offer discounts of up to 70% off retail.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The subscription service offers a discount based on the number of people who sign up, which can result in prices as low as two dollars a month.
54:17 - 59:04 (04:46)
Summary
The subscription service offers a discount based on the number of people who sign up, which can result in prices as low as two dollars a month. The company has an ARR of 1.2 million dollars and plans to reach three million by the end of the year.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The cost of news and information, which is important for professional services workers to know, is discussed.
59:04 - 1:02:39 (03:34)
Summary
The cost of news and information, which is important for professional services workers to know, is discussed. There is also a suggestion for a strategy to increase revenue of a company selling news subscriptions.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The company is planning to increase its penetration rate from 1% to 3% among existing companies they work with, and are reworking their cap table to accommodate the change.
1:02:39 - 1:05:20 (02:41)
Summary
The company is planning to increase its penetration rate from 1% to 3% among existing companies they work with, and are reworking their cap table to accommodate the change.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The speaker discusses his clear path to reaching 75 million with his business, which has already gained 100,000 pet owners who have made purchases.
1:05:20 - 1:11:21 (06:01)
Summary
The speaker discusses his clear path to reaching 75 million with his business, which has already gained 100,000 pet owners who have made purchases. He believes that even if the worst-case scenario happens, the company will still be bought for 50 million dollars, resulting in a gain for investors.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
An industry expert shares plans for acquiring pool construction companies and expanding into pool cleaning and maintenance services to increase market share.
1:11:21 - 1:16:11 (04:50)
Summary
An industry expert shares plans for acquiring pool construction companies and expanding into pool cleaning and maintenance services to increase market share.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The Endure Ventures' approach to buying businesses from retiring baby boomers who do not have successors is a profitable investment opportunity, surpassing real estate investments.
1:16:11 - 1:19:49 (03:37)
Summary
The Endure Ventures' approach to buying businesses from retiring baby boomers who do not have successors is a profitable investment opportunity, surpassing real estate investments. Endure Ventures offers a wide range of services, including purchasing the companies, training a project manager, and contracting the owners as consultants for two years.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
A discussion on buying pool companies as a business investment and why it may be more lucrative than investing in technology.
1:19:49 - 1:25:33 (05:43)
Summary
A discussion on buying pool companies as a business investment and why it may be more lucrative than investing in technology.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The speaker ranks the startups he heard pitching, with nickel and fly being his top picks and the jelly smack competitor and duckies at the bottom of the list.
1:25:33 - 1:30:01 (04:28)
Summary
The speaker ranks the startups he heard pitching, with nickel and fly being his top picks and the jelly smack competitor and duckies at the bottom of the list.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The hosts of a podcast discuss a company called steak that gives Drake $10 million a month to gamble on their website, in return for $20 million a month in profit.
1:30:01 - 1:32:50 (02:49)
Summary
The hosts of a podcast discuss a company called steak that gives Drake $10 million a month to gamble on their website, in return for $20 million a month in profit. Despite the competition, the hosts acknowledge the company's ability to succeed through scrappiness.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
The podcast guest shares his funny experience of testing if a famous person wears only underwear during Zoom calls.
1:32:52 - 1:36:21 (03:29)
Summary
The podcast guest shares his funny experience of testing if a famous person wears only underwear during Zoom calls. He also discusses the idea of getting famous people to invest in startups by becoming friends of the house.
EpisodeMFM Demo Day: 5 Startups Pitch Sam & Shaan and Raise $1.7M
PodcastMy First Million
In this podcast, the hosts chat with Ali Hamed of CoVenture and discuss various topics related to venture capital and fintech startups.
1:36:25 - 1:36:53 (00:28)
Summary
In this podcast, the hosts chat with Ali Hamed of CoVenture and discuss various topics related to venture capital and fintech startups.