Episode
#121 - So You Made $100m...Now What?
Description
Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: Sam and Shaan debate the merits and opportunities with Hopin and other digital event apps (7:25) How to make trade shows better with a lesson from Alibaba (14:10), Shaan explores a few different companies that are doing financial services for creators (31:00), Shaan and Sam riff on a hypothetical chrome extension to see what influencers are buying (34:25), how to “diverge and converge” for better brainstorming and design thinking (42:35), the guys try to come with answers for the existential question, if you already had all the money you’re working for, what would you do? (51:35). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.
Chapters
HubSpot CRM is a popular choice for businesses seeking a modern platform to automate tasks and organize customer data, making it easier for teams to work together and reach their goals.
00:00 - 01:20 (01:20)
Summary
HubSpot CRM is a popular choice for businesses seeking a modern platform to automate tasks and organize customer data, making it easier for teams to work together and reach their goals. It is both easy to use and free to get started.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
A tweet intended to be a smug remark went viral with people finding inspiration in it instead.
01:20 - 04:02 (02:41)
Summary
A tweet intended to be a smug remark went viral with people finding inspiration in it instead. The tweet was made by Josh Ellman, a Silicon Valley growth expert, and was retweeted hundreds of times.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The podcast hosts discuss the challenges of selling an innovative new product and the pressure to succeed.
04:02 - 08:28 (04:25)
Summary
The podcast hosts discuss the challenges of selling an innovative new product and the pressure to succeed. The keyword is "innovation."
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The status of David, the person who helped start a company, as a co-founder or head of marketing is unclear, as the speaker mentions conflicting information and a possible discrepancy with his LinkedIn profile.
08:28 - 09:50 (01:22)
Summary
The status of David, the person who helped start a company, as a co-founder or head of marketing is unclear, as the speaker mentions conflicting information and a possible discrepancy with his LinkedIn profile.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
A company with a $2 billion valuation despite the COVID-19 crisis shows significant growth potential.
09:50 - 12:04 (02:13)
Summary
A company with a $2 billion valuation despite the COVID-19 crisis shows significant growth potential. Despite a slammed conference industry, this company continues to break out and impress investors.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The podcast features inspirational stories of successful people and the lessons they’ve learned along the way.
12:04 - 16:08 (04:04)
Summary
The podcast features inspirational stories of successful people and the lessons they’ve learned along the way. The startup it discusses has gone from $0 to tens of millions of dollars in revenue this year and serves as proof that even if your product is not the best, if it’s the only option and necessary, people will still come to it.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The best way to find a good gemstone supplier is by attending the Gemstone Trade Show in Tucson, Arizona twice a year.
16:08 - 18:57 (02:48)
Summary
The best way to find a good gemstone supplier is by attending the Gemstone Trade Show in Tucson, Arizona twice a year. Celebrities like Adele and Gwyneth Paltrow promote the use of crystals.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The Tucson gemstone trade show had to come up with a solution for Chinese manufacturers to still do business after Alibaba stopped providing their services for suppliers.
18:57 - 22:23 (03:26)
Summary
The Tucson gemstone trade show had to come up with a solution for Chinese manufacturers to still do business after Alibaba stopped providing their services for suppliers. Sheldon Adelson, known for his pro-Israel stance and controversial business practices, provided a solution.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The trade show business inspired the creation of hotels, as vendors needed a place to stay during events.
22:23 - 24:28 (02:05)
Summary
The trade show business inspired the creation of hotels, as vendors needed a place to stay during events. Trade shows were a profitable business selling real estate to vendors at X dollars per square foot.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The economics of hosting trade shows are such that profits are made by pre-selling vendor booths to pay for hard goods, with all the money being made on the back end through ticket sales.
24:28 - 26:47 (02:18)
Summary
The economics of hosting trade shows are such that profits are made by pre-selling vendor booths to pay for hard goods, with all the money being made on the back end through ticket sales.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The speaker recommends conducting research on the trade show industry, identifying potential clients, and cold emailing trade show organizers to market a product.
26:47 - 30:54 (04:07)
Summary
The speaker recommends conducting research on the trade show industry, identifying potential clients, and cold emailing trade show organizers to market a product.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The company aims to offer financial services such as funding, Patreon-like services, and a debit card for creators.
30:54 - 34:52 (03:57)
Summary
The company aims to offer financial services such as funding, Patreon-like services, and a debit card for creators. Their goal is to equip creators with the resources necessary for success while also receiving a revenue share.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
A proposal for a Chrome extension that allows creators to recommend a product once a month, with a 30-second video clip showcasing the product and why they love it.
34:52 - 37:16 (02:24)
Summary
A proposal for a Chrome extension that allows creators to recommend a product once a month, with a 30-second video clip showcasing the product and why they love it. It also includes recommendations from other creators within the network for other products the user may be interested in.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
A box subscription for aspiring creators that includes pre-made boxes with products like ethically-sourced and cruelty-free items, along with instructional videos from popular figures such as Casey Neistat and Dr. Disrespect, is a profitable way to approach the DTC business model.
37:16 - 41:19 (04:02)
Summary
A box subscription for aspiring creators that includes pre-made boxes with products like ethically-sourced and cruelty-free items, along with instructional videos from popular figures such as Casey Neistat and Dr. Disrespect, is a profitable way to approach the DTC business model.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
A discussion about the potentials of utilizing credit cards for startups, particularly for companies that have low carbon footprints.
41:19 - 43:12 (01:52)
Summary
A discussion about the potentials of utilizing credit cards for startups, particularly for companies that have low carbon footprints.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The journey towards finding laser focus in your career may require periods of experimentation and dabbling, but it's important to acknowledge this in order to figure out what to focus on in the long-term.
43:12 - 46:40 (03:27)
Summary
The journey towards finding laser focus in your career may require periods of experimentation and dabbling, but it's important to acknowledge this in order to figure out what to focus on in the long-term.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The podcast covers the future of shipping, the difference between finite and infinite games, and the concept of sustainable living.
46:40 - 50:46 (04:06)
Summary
The podcast covers the future of shipping, the difference between finite and infinite games, and the concept of sustainable living.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
Two people discuss the post-wealth goals of a person who works in infrastructure and compliance, pondering whether he would continue in his current job if he had a hundred million dollars.
50:46 - 53:32 (02:46)
Summary
Two people discuss the post-wealth goals of a person who works in infrastructure and compliance, pondering whether he would continue in his current job if he had a hundred million dollars.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
Dave McClure, former founder and partner of seed investment firm 500 Startups, dabbles into numerous ventures such as designing a members club and founding an idea lab.
53:32 - 56:20 (02:47)
Summary
Dave McClure, former founder and partner of seed investment firm 500 Startups, dabbles into numerous ventures such as designing a members club and founding an idea lab.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The speaker talks about how a programmer retreated to the woods in the UK to write essays while living with his family.
56:20 - 1:00:21 (04:01)
Summary
The speaker talks about how a programmer retreated to the woods in the UK to write essays while living with his family. They also mention that a third of the memberships were given to artists and non-rich and famous people.
Episode#121 - So You Made $100m...Now What?
PodcastMy First Million
The speaker discusses how a friend told him that he and someone else are living their best life, which made him question what that means for himself and how he can stop comparing himself to others.
1:00:21 - 1:01:17 (00:55)
Summary
The speaker discusses how a friend told him that he and someone else are living their best life, which made him question what that means for himself and how he can stop comparing himself to others.