Episode
Million $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
1:05:21
Published: Thu Mar 23 2023
Description
Episode 435: Shaan Puri (@ShaanVP) is joined by his business partner, Ben Levy (@benmlevy) to talk about meeting Al Doan - owner of a million dollar quilting company, creating Babyville, USA, taking meetings for no reason, and rapid fire business ideas. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com ----- Links: * Follow Ben Levy on Twitter * Missouri Star Quilt Co. * Justin Caldbeck Twitter * Justin Caldbeck * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Show Notes: (01:40) - Al Doan and his quilting empire (13:20) - Babyville, USA (17:25) - Justin Caldbeck (24:20) - Private Dinner With The Very Successful (49:20) - Taking meetings for no reason (54:55) - Rapid fire ideas ----- 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
The speaker shares interesting anecdotes from his recent trip to San Francisco, including stories about people he met and products he heard about.
00:00 - 02:02 (02:02)
Summary
The speaker shares interesting anecdotes from his recent trip to San Francisco, including stories about people he met and products he heard about.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
A man in rural Missouri stumbled upon a quilting community through his mom's hobby and then became a longarm quilter himself, building relationships with his clients along the way.
02:02 - 08:28 (06:26)
Summary
A man in rural Missouri stumbled upon a quilting community through his mom's hobby and then became a longarm quilter himself, building relationships with his clients along the way.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The speaker talks about stroller races and push presents - gifts given to women after giving birth, such as vacations.
08:28 - 16:40 (08:12)
Summary
The speaker talks about stroller races and push presents - gifts given to women after giving birth, such as vacations. They also mention visiting a themed town known as the "Disneyland for quilters".
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The speaker discusses the importance of market and investment decision making when evaluating a potential investment, highlighting the potential pitfalls of focusing solely on the founder.
16:40 - 19:46 (03:05)
Summary
The speaker discusses the importance of market and investment decision making when evaluating a potential investment, highlighting the potential pitfalls of focusing solely on the founder.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The key to successful angel investing is to only go for deals that you truly believe in, and to recognize that most people are not great.
19:46 - 24:38 (04:52)
Summary
The key to successful angel investing is to only go for deals that you truly believe in, and to recognize that most people are not great. Disciplined behavior is critical to successful investing.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The conversation in San Francisco often shifts towards microdosing or using drugs like ayahuasca, mushrooms, and DMT for productivity, but ultimately it is about recognizing personal responsibility and how to be happier.
24:38 - 28:52 (04:13)
Summary
The conversation in San Francisco often shifts towards microdosing or using drugs like ayahuasca, mushrooms, and DMT for productivity, but ultimately it is about recognizing personal responsibility and how to be happier.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The use of "I feel" statements helps express emotions in conversations and allows individuals to communicate not only what they are talking about, but how they are feeling about the topic as well.
28:52 - 32:02 (03:10)
Summary
The use of "I feel" statements helps express emotions in conversations and allows individuals to communicate not only what they are talking about, but how they are feeling about the topic as well.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The speaker describes meeting with a prison leader who appeared to have a lot of clout, carrying a stick and wearing sunglasses, and feeling pressure to do well in the meeting.
32:02 - 35:56 (03:53)
Summary
The speaker describes meeting with a prison leader who appeared to have a lot of clout, carrying a stick and wearing sunglasses, and feeling pressure to do well in the meeting. They were visiting an intense prison and meeting with life-term prisoners.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
A software engineer shares how he had to ham up his storytelling during a bonding activity with his colleagues and pretend his small work problem was a traumatic event in his life.
35:56 - 39:11 (03:15)
Summary
A software engineer shares how he had to ham up his storytelling during a bonding activity with his colleagues and pretend his small work problem was a traumatic event in his life.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The host expresses admiration for a person named Kendall, who focuses on finding loopholes in business games to gain a competitive advantage, and suggests that aspiring entrepreneurs should concentrate on outperforming themselves and becoming great at spotting opportunities rather than competing with others.
39:11 - 42:26 (03:14)
Summary
The host expresses admiration for a person named Kendall, who focuses on finding loopholes in business games to gain a competitive advantage, and suggests that aspiring entrepreneurs should concentrate on outperforming themselves and becoming great at spotting opportunities rather than competing with others.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The speaker and his team considered different offers when they sold their startup company and eventually decided to go with a certain group of people because they thought they would be able to learn a lot from them as entrepreneurs.
42:26 - 47:09 (04:42)
Summary
The speaker and his team considered different offers when they sold their startup company and eventually decided to go with a certain group of people because they thought they would be able to learn a lot from them as entrepreneurs.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The "Do cool sh*t budget" is the allocation of both time and money towards things that may not have a clear ROI, but are fun, interesting, and worth pursuing for personal growth and fun.
47:09 - 53:13 (06:03)
Summary
The "Do cool sh*t budget" is the allocation of both time and money towards things that may not have a clear ROI, but are fun, interesting, and worth pursuing for personal growth and fun. This idea stems from Google's 20% time, where they could spend a fifth of their time on anything they wanted to make Google better.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
This podcast discusses the potential of on demand bookings for brands, from financial services to beverage brands.
53:13 - 58:23 (05:09)
Summary
This podcast discusses the potential of on demand bookings for brands, from financial services to beverage brands. The speaker suggests that booking someone for appearances and autographs on-demand could be a lucrative business venture.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
Despite the advancements in travel booking via the Internet, booking travel can still be complicated, especially when navigating points and rewards systems.
58:23 - 1:00:50 (02:27)
Summary
Despite the advancements in travel booking via the Internet, booking travel can still be complicated, especially when navigating points and rewards systems.
EpisodeMillion $ Quilting Empire, Babyville, USA, And Rapid Fire Business Ideas
PodcastMy First Million
The speaker discusses how organizing podcast transcripts by topic could serve as a helpful resource for brainstorming and idea generation in industries such as AI, crypto, and SaaS.
1:00:50 - 1:02:36 (01:45)
Summary
The speaker discusses how organizing podcast transcripts by topic could serve as a helpful resource for brainstorming and idea generation in industries such as AI, crypto, and SaaS. They anticipate this project will take about another week to finish and produce a comprehensive PDF.