Episode

Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
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1:26:53
Published: Tue Jan 24 2023
Description

Episode 410: Shaan Puri (@ShaanVP) is joined by Suli Ali (@sulemanali) to talk about new business ideas, how to write an honest LinkedIn profile, rapid fire responses to personal questions, what's Suli's next step... and much more. ----- Links: * Justin Yoshimura * CSC Generation * 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: (17:35) - Rapid Fire Round (46:35) - Justin Yoshimura (57:55) - Why Suli wants to acquire a public company (01:04:45) - Suli as a Deal Doula (01:16:10) - Suli's next projects ----- 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 popularity of social games like superlatives, which invites friends to participate and predicts their behavior, is expected to grow three times its current size in a year.
00:00 - 02:53 (02:53)
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Social Games
Summary

The popularity of social games like superlatives, which invites friends to participate and predicts their behavior, is expected to grow three times its current size in a year.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The speaker talks about how a business partnership turned into a close friendship based on their ability to make deals worth over 100 million dollars and support each other through challenges.
02:53 - 07:51 (04:57)
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Business
Summary

The speaker talks about how a business partnership turned into a close friendship based on their ability to make deals worth over 100 million dollars and support each other through challenges.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
In this podcast episode, the speaker shares their experience of business acquisitions and highlights the differences between what founders view as important and what buyers look for in a business.
07:51 - 11:19 (03:27)
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Business Acquisitions
Summary

In this podcast episode, the speaker shares their experience of business acquisitions and highlights the differences between what founders view as important and what buyers look for in a business.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
During a dinner with interested parties, the speaker discusses the ugly parts of their business and encourages questions or concerns.
11:19 - 16:32 (05:13)
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Business
Summary

During a dinner with interested parties, the speaker discusses the ugly parts of their business and encourages questions or concerns. This approach helps to address any potential issues and can prevent surprises further down the line in the deal.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The idea of a mobile app where users can easily invest in real estate and track performance with monthly subscriptions could be a game-changer in the market.
16:32 - 21:12 (04:40)
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Real Estate Investment
Summary

The idea of a mobile app where users can easily invest in real estate and track performance with monthly subscriptions could be a game-changer in the market. The app would cater to people who value investing in real estate and want to know specific details such as cap rate, location, and year of construction.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
Advice for becoming a thought leader and increasing earnings suggests using simple case studies to become an expert and offering a turnkey service with 10 customers paying 10K per month with cold outreach.
21:12 - 24:41 (03:29)
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Career Growth
Summary

Advice for becoming a thought leader and increasing earnings suggests using simple case studies to become an expert and offering a turnkey service with 10 customers paying 10K per month with cold outreach.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The most competitive industry is being a content creator, so building a business as a niche content creator is recommended to avoid playing the game on hard mode.
24:41 - 29:36 (04:54)
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Business Strategy
Summary

The most competitive industry is being a content creator, so building a business as a niche content creator is recommended to avoid playing the game on hard mode. Creating content in a specific niche like eco-friendly and sustainable products can work out well for business.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The speaker discusses their perspective on looking for a blueprint of success in a category and making sure that launching a business has a replicable and realistic chance for success.
29:36 - 35:10 (05:33)
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Business
Summary

The speaker discusses their perspective on looking for a blueprint of success in a category and making sure that launching a business has a replicable and realistic chance for success.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The Facebook app platform inspired a person to build a billion dollar company, but for some people, building a hundred or two hundred million dollar business is enough.
35:10 - 40:44 (05:33)
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Business
Summary

The Facebook app platform inspired a person to build a billion dollar company, but for some people, building a hundred or two hundred million dollar business is enough. Although building a billion dollar company requires a certain moat and several other factors.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The speaker expresses interest in investing in Facebook stock and mentions having millions of dollars in short term T bills to allocate towards other investments.
40:44 - 45:04 (04:20)
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Finance
Summary

The speaker expresses interest in investing in Facebook stock and mentions having millions of dollars in short term T bills to allocate towards other investments.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The speaker shares a personal anecdote about someone who continued buying real estate during a market downturn and discusses his own love for animals and investment in a seed round.
45:04 - 49:49 (04:44)
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Real Estate, Investing, Hobbies
Summary

The speaker shares a personal anecdote about someone who continued buying real estate during a market downturn and discusses his own love for animals and investment in a seed round.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
A businessman aims to modernize small companies that are not participating in the digital world by building a system to buy and update their outdated technologies.
49:49 - 53:07 (03:18)
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Digital Transformation
Summary

A businessman aims to modernize small companies that are not participating in the digital world by building a system to buy and update their outdated technologies.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
This podcast features a comparison of LinkedIn to dog shows, with the speaker sharing their experience with the platform and the email notifications.
53:07 - 55:48 (02:40)
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LinkedIn
Summary

This podcast features a comparison of LinkedIn to dog shows, with the speaker sharing their experience with the platform and the email notifications.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The use of non-direct response ads in podcasts can have a positive effect on the brand's reputation.
55:48 - 1:02:01 (06:13)
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Podcast Advertising
Summary

The use of non-direct response ads in podcasts can have a positive effect on the brand's reputation. Casper, once a rising star in the industry, faced negative reviews on customer support and layoffs, despite successful advertising.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
Christopher Lochhead shares the experience of helping his friend sell his dental practice and exploring new hobbies, including visiting a company that manufactures railroad cars in middle America.
1:02:01 - 1:08:24 (06:22)
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Business
Summary

Christopher Lochhead shares the experience of helping his friend sell his dental practice and exploring new hobbies, including visiting a company that manufactures railroad cars in middle America.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
By not having to spend $10,000 on a hygienist chair and focusing on buying dental practices, it's possible to increase dental hygiene revenue by offering additional procedures to patients.
1:08:24 - 1:11:51 (03:27)
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Dental Hygiene
Summary

By not having to spend $10,000 on a hygienist chair and focusing on buying dental practices, it's possible to increase dental hygiene revenue by offering additional procedures to patients.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The speaker describes the importance of fun and energy in life and how it differs from the mindset of some 12-year-olds who are solely focused on waking up and getting things done.
1:11:51 - 1:18:08 (06:17)
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Lifestyle
Summary

The speaker describes the importance of fun and energy in life and how it differs from the mindset of some 12-year-olds who are solely focused on waking up and getting things done.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The speaker compares themselves to Neo in the Matrix, able to see through the fundamentals of a business and determine whether it's good or not based on their experience.
1:18:08 - 1:23:56 (05:48)
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business
Summary

The speaker compares themselves to Neo in the Matrix, able to see through the fundamentals of a business and determine whether it's good or not based on their experience.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million
The guest on the podcast shares his Twitter handle and his goal to reach 100,000 followers by the end of the year.
1:23:56 - 1:24:19 (00:22)
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Social Media
Summary

The guest on the podcast shares his Twitter handle and his goal to reach 100,000 followers by the end of the year.

Episode
Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
Podcast
My First Million