Episode
Sahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
1:08:45
Published: Thu Nov 10 2022
Description
Episode 384: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk with entrepreneur, creator, and investor Sahil Bloom (@SahilBloom) about three business ideas that will make money now, and why he left private equity to make millions as a content creator. Bonus: Shaan offers $2,000 to anyone who helps him develop his "uniform" for the pod. ----- Links: * Sahil Bloom * TweetPik * Sahil Bloom Instagram * Dakota Robertson (@WrongsToWrite) * 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: (03:45) - private equity jobs (07:30) - what is your current job? (10:25) - why did you leave PE and jump into something else? (20:45) - cool business ideas (Idea #1) (36:15) - newsletter (Idea #2) (55:45) - mobile podcast studios (Idea #3) (01:04:00) - Sahil's grand plan ----- 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
A conversation about the frequency of going to the barbershop for men's grooming, with a humorous anecdote about the speaker's own increased frequency of visits, much to the amusement of his wife.
00:00 - 02:46 (02:46)
Summary
A conversation about the frequency of going to the barbershop for men's grooming, with a humorous anecdote about the speaker's own increased frequency of visits, much to the amusement of his wife.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The speaker discusses the pros and cons of investing in a venture fund versus exploring the information economy through newsletters, podcasts, and courses.
02:46 - 08:59 (06:12)
Summary
The speaker discusses the pros and cons of investing in a venture fund versus exploring the information economy through newsletters, podcasts, and courses. He shares his own experiences with raising a $10 million venture fund and monetizing his newsletter, but questions the value of those who work with Excel sheets and don't create direct value.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
In this podcast, the speaker describes how his friend made a decision between two paths based on fun and excitement rather than benefits, provoking thoughts on the possibility of developing a side hustle for himself.
08:59 - 13:05 (04:06)
Summary
In this podcast, the speaker describes how his friend made a decision between two paths based on fun and excitement rather than benefits, provoking thoughts on the possibility of developing a side hustle for himself.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The practice of ghost writing tweets for tech founders and VCs has become quite popular in recent times, leading to the creation of advisory businesses and memes about the topic.
13:05 - 20:16 (07:10)
Summary
The practice of ghost writing tweets for tech founders and VCs has become quite popular in recent times, leading to the creation of advisory businesses and memes about the topic.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
This episode discusses a strategy for creating value on LinkedIn by summarizing and repurposing existing content such as tweets, blogs or other writings.
20:16 - 25:49 (05:32)
Summary
This episode discusses a strategy for creating value on LinkedIn by summarizing and repurposing existing content such as tweets, blogs or other writings. It suggests that planting enough seeds over a period of time can yield valuable returns, and emphasizes that as long as you cover a single person for an hour a week, you can start earning substantial amounts of money from LinkedIn, provided you have at least 100k followers on the platform.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The guest discusses creating content and using it for personal advancement, including the success of a hidden ghostwriting business with 250,000 Instagram followers.
25:49 - 30:12 (04:23)
Summary
The guest discusses creating content and using it for personal advancement, including the success of a hidden ghostwriting business with 250,000 Instagram followers.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
Learn about the acceptable percentage of cringe, like writing a thread or sharing Ted talks that have changed your life, and how it can help a few people out there despite others finding it super cringe.
30:12 - 32:49 (02:36)
Summary
Learn about the acceptable percentage of cringe, like writing a thread or sharing Ted talks that have changed your life, and how it can help a few people out there despite others finding it super cringe.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The host discusses the importance of finding what you're "a plus" at and using it to elevate your brand and stand out from competitors.
32:49 - 38:12 (05:23)
Summary
The host discusses the importance of finding what you're "a plus" at and using it to elevate your brand and stand out from competitors.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
Successful founders and entrepreneurs want to build a newsletter but can struggle with monetization and management.
38:12 - 42:53 (04:41)
Summary
Successful founders and entrepreneurs want to build a newsletter but can struggle with monetization and management. Existing newsletters tend to focus on these areas, rather than helping writers to focus on content creation.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The speaker predicts a 6 out of 10 chances of becoming a degenerate gambler or a drug addict, and a 4 out of 10 chances of becoming successful on the path to wealth creation.
42:53 - 46:30 (03:36)
Summary
The speaker predicts a 6 out of 10 chances of becoming a degenerate gambler or a drug addict, and a 4 out of 10 chances of becoming successful on the path to wealth creation. The speaker also reflects on the large number of startups that were getting marked up for years.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The speaker shares his experience of selling his Luna Bag at a small gain and missing out on massive profits due to fluctuating cryptocurrency prices.
46:30 - 48:53 (02:23)
Summary
The speaker shares his experience of selling his Luna Bag at a small gain and missing out on massive profits due to fluctuating cryptocurrency prices.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
How do you ensure that you don't go from being the local and proud of it to the stubborn local that never changes?
48:53 - 52:45 (03:51)
Summary
How do you ensure that you don't go from being the local and proud of it to the stubborn local that never changes? The hosts discuss striking this balance between determination and stubbornness in their personal and professional lives.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The speaker suggests creating a space with cool backgrounds and lighting to rent out for podcast recordings or Instagram and TikTok filming.
52:45 - 1:03:00 (10:14)
Summary
The speaker suggests creating a space with cool backgrounds and lighting to rent out for podcast recordings or Instagram and TikTok filming. They highlight that being good looking is not necessary for success on YouTube and emphasize the value of a unique personality or shtick.
EpisodeSahil Bloom: Left Private Equity To Make Millions As A Content Creator And 3 Profitable Businesses To Start Now
PodcastMy First Million
The speaker is offering a $1000 bounty for help with developing the perfect "Chest Up Look" and suggests a traditional Indian attire.
1:03:00 - 1:07:33 (04:33)
Summary
The speaker is offering a $1000 bounty for help with developing the perfect "Chest Up Look" and suggests a traditional Indian attire. They also express their dislike for polarizing politics and their hope for a moderate third party in the future.