Episode
The Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
1:05:25
Published: Tue Dec 14 2021
Description
Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) discuss the business model of touring and creating live shows, how Andrew Lloyd Webber became a billionaire, what they would do if they knew they would make $5M no matter what, EMF protected pants, and more. _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want to win an hour of time with Sam and Shaan? Tap here to enter the contest. * Want more insights like MFM? Check out Shaan's newsletter. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact [email protected] _____ Show Notes: (00:20) - Sam threw up at a waterpark (02:55) - YouTube creators for kids (9:50) - The business model of touring (18:20) - Creating a Y Combinator of content (22:12) - The company you would build if you had the energy and the time (25:30) - Starting a company based on who you want to employ (31:15) - VR therapy (36:30) - What would you do with $5M per year? (41:30) - Sending gifts internationally to business partners (55:20) - The man pretending to be Satoshi
Chapters
The speaker discusses their experience attending a tech conference and meeting various individuals, including David Perrell, and going on slides.
00:00 - 02:36 (02:36)
Summary
The speaker discusses their experience attending a tech conference and meeting various individuals, including David Perrell, and going on slides.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker discusses the benefits of living in a city where like-minded individuals are present to network and potentially collaborate on film projects.
02:36 - 06:03 (03:26)
Summary
The speaker discusses the benefits of living in a city where like-minded individuals are present to network and potentially collaborate on film projects.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The Hallmark-inspired video channel has reached a peak level of success within three years of its founding, garnering 6.3 billion views for one video alone, and a total of 27 billion views across all platforms for its many videos which focus on values.
06:03 - 09:53 (03:50)
Summary
The Hallmark-inspired video channel has reached a peak level of success within three years of its founding, garnering 6.3 billion views for one video alone, and a total of 27 billion views across all platforms for its many videos which focus on values.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speakers discuss demographics in the performing arts industry and how they influence the creation of content.
09:53 - 12:42 (02:48)
Summary
The speakers discuss demographics in the performing arts industry and how they influence the creation of content. They also touch on investing advice.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
A discussion about a Broadway show centered around Jesus, with comparisons to other top-grossing shows such as Lion King.
12:42 - 15:28 (02:46)
Summary
A discussion about a Broadway show centered around Jesus, with comparisons to other top-grossing shows such as Lion King.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The podcast discusses the success of South Park and the amount of money companies like Netflix are willing to pay for new content production.
15:28 - 20:01 (04:33)
Summary
The podcast discusses the success of South Park and the amount of money companies like Netflix are willing to pay for new content production. They also mention the profitability of selling production companies such as Rob Dyrdek's.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
Neil Patel and Eric Su host a daily marketing podcast called Marketing School, discussing various successful marketing strategies and interviewing guests who have achieved marketing success.
20:01 - 22:51 (02:49)
Summary
Neil Patel and Eric Su host a daily marketing podcast called Marketing School, discussing various successful marketing strategies and interviewing guests who have achieved marketing success.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
A new blockchain app called Peach or Lemon allows teens to securely connect with each other and has garnered attention from major brands like McDonald's, Panda Express, and Pacsun for advertisement opportunities.
22:51 - 26:30 (03:38)
Summary
A new blockchain app called Peach or Lemon allows teens to securely connect with each other and has garnered attention from major brands like McDonald's, Panda Express, and Pacsun for advertisement opportunities.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker talks about their mother's job as a user tester, where she provided feedback to testers about their audio quality and testing performance.
26:30 - 29:39 (03:09)
Summary
The speaker talks about their mother's job as a user tester, where she provided feedback to testers about their audio quality and testing performance. They also mention the usefulness of tools like Slack and Jira in managing testing tasks.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
VR is making strides in specific training use cases such as medical schools, where it provides a life-like simulation that can help doctors get used to the noise and smell of an operating room, and the different sensations they will experience.
29:39 - 34:06 (04:26)
Summary
VR is making strides in specific training use cases such as medical schools, where it provides a life-like simulation that can help doctors get used to the noise and smell of an operating room, and the different sensations they will experience. While VR is great for gaming, its potential in training is significant.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The concept of terraforming—turning unusable land into an inhabitable environment—is becoming increasingly important as climate change continues to affect our planet, and will also be crucial for sustaining human life on Mars in the future.
34:06 - 36:59 (02:52)
Summary
The concept of terraforming—turning unusable land into an inhabitable environment—is becoming increasingly important as climate change continues to affect our planet, and will also be crucial for sustaining human life on Mars in the future.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker discusses mixing "smut and cool stuff" with "legitimate life helping content" on podcasts, and how the combination can break down barriers.
36:59 - 39:17 (02:17)
Summary
The speaker discusses mixing "smut and cool stuff" with "legitimate life helping content" on podcasts, and how the combination can break down barriers. She also mentions a video of a bikini-clad woman who embodies a "hot girl" image for promotional purposes.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker expresses their desire to teach and coach individuals who are driven to have a fulfilling life and career, prioritizing helping people over making money.
39:17 - 41:52 (02:35)
Summary
The speaker expresses their desire to teach and coach individuals who are driven to have a fulfilling life and career, prioritizing helping people over making money.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The act of sending gifts such as bottles of wine overseas is becoming increasingly difficult, but a revenue business idea to address this is available through Outbound, which could be optimized by reaching out to Shopify stores to provide overseas gifting services confidently.
41:52 - 45:30 (03:37)
Summary
The act of sending gifts such as bottles of wine overseas is becoming increasingly difficult, but a revenue business idea to address this is available through Outbound, which could be optimized by reaching out to Shopify stores to provide overseas gifting services confidently.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker shares his preferences for gifts, including chocolate and underwear that are not whitey tighties.
45:30 - 47:39 (02:09)
Summary
The speaker shares his preferences for gifts, including chocolate and underwear that are not whitey tighties.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker talks about the host's recent interest in fitness supplements and nootropics, along with his upcoming clothing line that focuses on EMF radiation-proof pants.
47:39 - 51:12 (03:32)
Summary
The speaker talks about the host's recent interest in fitness supplements and nootropics, along with his upcoming clothing line that focuses on EMF radiation-proof pants.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker discusses creating a shower head filter company after realizing the potential danger of showering with toxic chemicals.
51:12 - 53:40 (02:28)
Summary
The speaker discusses creating a shower head filter company after realizing the potential danger of showering with toxic chemicals. He also mentions a laptop tray made out of kryptonite.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The podcast discusses FUD around Bitcoin and the usefulness of compression shorts for calves and ankles.
53:40 - 56:20 (02:39)
Summary
The podcast discusses FUD around Bitcoin and the usefulness of compression shorts for calves and ankles.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The use of pseudonyms in the public sphere can protect one's personal identity, however, it can also be used to attack others without repercussions.
56:20 - 1:02:18 (05:58)
Summary
The use of pseudonyms in the public sphere can protect one's personal identity, however, it can also be used to attack others without repercussions. It can be a genius idea to use a pseudonym, but it also has its downsides.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The speaker discusses the polarized opinions surrounding a particular individual in the crypto community and questions why he is held in such high regard despite his questionable past.
1:02:18 - 1:05:14 (02:56)
Summary
The speaker discusses the polarized opinions surrounding a particular individual in the crypto community and questions why he is held in such high regard despite his questionable past.
EpisodeThe Company You Would Build If You Had the Time, the $5M Question, VR Therapy, and More
PodcastMy First Million
The podcast discusses the perpetuation of ableism and stereotypes in the media, including a story about a disabled man who was only associated with his disability rather than his personality.
1:05:14 - 1:06:35 (01:20)
Summary
The podcast discusses the perpetuation of ableism and stereotypes in the media, including a story about a disabled man who was only associated with his disability rather than his personality.