Episode
#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
1:08:04
Published: Wed Oct 28 2020
Description
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. Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: How Card my Yard just might one of the best COVID-related franchises (2:10) Why Amazon logistics franchises and delivery routes are slowly becoming franchise powerhouses (5:20), Sam tells the story of his mother-in-law turned entrepreneur (11:45), Shaan and Sam talk about @visualizevalue and weigh the merits of being a solo-preneur vs. starting a world-changing technology (17:22) Shaan describes the “Zone of Genuis” and how to find it (30:30), the guys guess what their monthly burn should be to live the way they want (38:00), Shaan tells a story of how he accidentally convinced his wife to quit her consulting job to follow her passion (44:00), Sam talks about how to build an audience in-person (48:20), Sam pulls up his list of companies that he was looking to apply at 8 years ago (53:45), the two guys talk about the genius and wisdom of MMA fighter Khabib Nurmagomedov (59:00). 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
A discussion on the significance of identifying different types of audience for a podcast's success, and the challenges that come with catering to diverse listener preferences.
00:00 - 02:53 (02:53)
Summary
A discussion on the significance of identifying different types of audience for a podcast's success, and the challenges that come with catering to diverse listener preferences.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The podcast episode discusses letter-shaped metal rods used to create lawn decorations and the concept of starting a carpet cleaner rental business that can generate high profits.
02:53 - 05:46 (02:53)
Summary
The podcast episode discusses letter-shaped metal rods used to create lawn decorations and the concept of starting a carpet cleaner rental business that can generate high profits.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker discusses delivery franchises in Tennessee, explaining how some vehicles may seem unfit but are actually operated by franchisees, and shares information about the potential revenue for those operating a franchise with multiple vehicles.
05:46 - 10:29 (04:43)
Summary
The speaker discusses delivery franchises in Tennessee, explaining how some vehicles may seem unfit but are actually operated by franchisees, and shares information about the potential revenue for those operating a franchise with multiple vehicles.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The story of LeBron James' wealth and how he has spent it over the years, including purchasing a Hummer at a young age and the increased acceptance of athletes showcasing their wealth today.
10:29 - 12:58 (02:28)
Summary
The story of LeBron James' wealth and how he has spent it over the years, including purchasing a Hummer at a young age and the increased acceptance of athletes showcasing their wealth today.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker shares a personal anecdote about spending time with a friend, then shifts to discussing advertising strategies, including CPM and click-through rates, and the importance of keeping the cost to acquire a customer (CAC) below the profit per product sold.
12:58 - 16:33 (03:34)
Summary
The speaker shares a personal anecdote about spending time with a friend, then shifts to discussing advertising strategies, including CPM and click-through rates, and the importance of keeping the cost to acquire a customer (CAC) below the profit per product sold.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
A former ad agency employee shares how he went from just scraping by to making close to a million dollars a year through podcasting in the span of just 18 months.
16:33 - 20:32 (03:58)
Summary
A former ad agency employee shares how he went from just scraping by to making close to a million dollars a year through podcasting in the span of just 18 months.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker discusses his career path and job opportunities in startups.
20:32 - 27:59 (07:27)
Summary
The speaker discusses his career path and job opportunities in startups. He believes that startups can offer C-level roles and massive financial gains.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The pursuit of significance can often lead to unhealthy and unhappy lifestyles, but it can also result in obtaining massive amounts of capital, creating world-famous products, and impacting a large number of people.
27:59 - 33:49 (05:49)
Summary
The pursuit of significance can often lead to unhealthy and unhappy lifestyles, but it can also result in obtaining massive amounts of capital, creating world-famous products, and impacting a large number of people. It is up to individuals to decide how they want to pursue significance in their personal and professional lives.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker emphasizes the importance of making sacrifices in order to achieve goals, citing examples of giving up social activities on school nights in order to focus on work.
33:49 - 36:01 (02:12)
Summary
The speaker emphasizes the importance of making sacrifices in order to achieve goals, citing examples of giving up social activities on school nights in order to focus on work.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
A man sets a budget of $400,000 a year to live a lavish life, which includes buying tigers and traveling as much as he likes without worrying about daily expenses.
36:01 - 40:08 (04:06)
Summary
A man sets a budget of $400,000 a year to live a lavish life, which includes buying tigers and traveling as much as he likes without worrying about daily expenses. He meets someone who also spends around $400,000 a year and lives a balanced life.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
Arianna Huffington's former executive assistant shares her story of quitting her job during a flight and starting a consulting career.
40:08 - 45:38 (05:29)
Summary
Arianna Huffington's former executive assistant shares her story of quitting her job during a flight and starting a consulting career. Some people are too focused on being anti-money, while others strive for financial freedom and the ability to live a certain way.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The guest speaker on the podcast talks about the power of visual thinking and how it can help in making a messy conversation look coherent by filtering out the unnecessary information and connecting ideas together to form diagrams.
45:38 - 48:36 (02:58)
Summary
The guest speaker on the podcast talks about the power of visual thinking and how it can help in making a messy conversation look coherent by filtering out the unnecessary information and connecting ideas together to form diagrams.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
This podcast features unstructured conversations with strangers from all over the US.
48:36 - 52:16 (03:39)
Summary
This podcast features unstructured conversations with strangers from all over the US. The host, Eric Hunley, shares his experiences traveling on his motorcycle and meeting new people to bring insightful and engaging content to his listeners.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker discusses the value in responding to missed opportunities, especially after experiencing several instances of the same thing happening.
52:16 - 55:12 (02:55)
Summary
The speaker discusses the value in responding to missed opportunities, especially after experiencing several instances of the same thing happening.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker is confused about Silicon Valley's location and refers to it as a startup company, wondering if they have become extremely wealthy.
55:12 - 57:25 (02:13)
Summary
The speaker is confused about Silicon Valley's location and refers to it as a startup company, wondering if they have become extremely wealthy.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The speaker reflects on teasing a friend for being "dorky" in high school, but now admires his dedication and efforts to try new things, such as learning pole dancing.
57:26 - 1:01:04 (03:38)
Summary
The speaker reflects on teasing a friend for being "dorky" in high school, but now admires his dedication and efforts to try new things, such as learning pole dancing.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The pattern of fighters retiring and then coming back to the sport is explored, often as a way to generate interest and excitement for their next fight.
1:01:04 - 1:04:31 (03:26)
Summary
The pattern of fighters retiring and then coming back to the sport is explored, often as a way to generate interest and excitement for their next fight. Additionally, the post-fight speech of a Muslim fighter is discussed as he urges people to spend more time with their families.
Episode#123 - The Big Business of Buying Amazon Routes, and a COVID-proof Franchise
PodcastMy First Million
The fascination with Khabib Nurmagomedov has led many to seek out information about his homeland of Dagestan, including the unique sport of Dagestani basketball.
1:04:31 - 1:07:56 (03:24)
Summary
The fascination with Khabib Nurmagomedov has led many to seek out information about his homeland of Dagestan, including the unique sport of Dagestani basketball. Despite the problematic behavior of some of Khabib's fans, there is still great interest in learning about and appreciating the culture of Dagestan.