Today’s episode is a Q&A from the archives. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) host a Q&A on the one year anniversary of Trends. In today’s episode you’ll hear: Sam talks through how to research topics and businesses (5:15), Shaan answers Sam’s question “what’s a contrarian opinion you hold?” (9:45), Shaan talks about where an entrepreneur should focus their energy (20:52), a lister asks “what’s one thing that you believed that ended up completely opposite?” (25:38), Sam talks about one of the lead gen companies he sold (31:40), Sam and Shaan do a rapid fire questions (35:45), A listener asks about shipping logistics (56:30), Sam and Shaan weigh in on how to adapt your business to COVID (67:30). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. 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.
The podcast discusses the benefits of automating tasks, keeping track of information, and ensuring your team has access to shared data. They also consider opportunities in the work from home industry.
The process of composing a song can be inspired by anything, from the legendary musician Slash to a line of graffiti on a wall. However, sometimes inspiration leads to product placement within a podcast episode.
In this podcast, the speaker talks about his controversial opinion that buying a business is the best opportunity in business right now and shares his own experiences of buying a business.
The speaker shares his thoughts on how having the freedom to learn and experiment, including making mistakes and being foolish, can be invaluable in one's personal growth and development, but cautions against the high cost of traditional education.
This mental health app is like the calm app, but instead of calming down, it focuses on guided sessions for improving critical thinking, problem solving, focus, and motivation. It's particularly relevant for young people struggling to process their emotions effectively.
The founder of a fitness app talks about his love and frequent use of the app, along with its features of personalized workout coaching and stress relief techniques.
The hosts of the podcast started as a way to grow their app, but were surprised by how quickly they gained users. As an entrepreneur, it's important to focus on proving the unknown, and if enough scale is achieved, a freemium model can be successful.
The speaker reflects on the false beliefs he had about running his own business and how he aims to become the next Tripadvisor.
This episode discusses the potential dangers of relying solely on advertising revenue over other forms of monetization, like subscriptions. One apartment company is cited as an example of what could have been a much bigger, more successful business if it hadn't gotten too addicted to easy ad money.
The founders of a virtual credit card club called Cred that aims to provide quality of life have done a great job, as per the speaker's review. The speaker believes that investments should not take away the quality of life and wealth can be achieved by owning businesses.
Two friends discuss their idea for a water brand that breaks from the typical purity branding and speaks to different demographics, encouraging consumers to enjoy themselves even if it means indulging in something not always physically healthy for them.
In this episode, Jason Calacanis discusses his experiences investing in startups, including his successes and failures, as well as the importance of having a product ready to go to market before seeking investment.
The average tenure in high growth industries is two years or less and companies no longer fit the traditional mold. The world is moving towards on-demand gigs and payment based on merits and output.
The idea of building a secure messaging app for the legalized marijuana industry is discussed, similar to how gaming app Discord and enterprise app Slack were created for their respective industries.
The key to building credibility when talking about any product or service is to have a level of expertise and experience that is higher than the audience you are addressing. However, there may be some restrictions on pre-selling certain medicines in health-related industries.
The speaker discusses the challenges of growing a user base for a marketplace and notes that throwing money at the problem is not always a viable solution, particularly for smaller businesses.
The speaker proposes a platform where small businesses can directly collect addresses and phone numbers to deliver their food, in response to high commission charges from delivery apps. However, another speaker points out potential difficulties with this proposal.
The speaker shares the criteria for trends and the idea of putting their recipe on the wholesale food industry. They also mention the access to information from Wikipedia and Twitter, and mention the JD Power business model of licensing approval for trends.
The podcast has come to an end with the hosts thanking the guests for joining and the audience for listening to it. The hosts recall an incident of an audience member calling one of them a name, mistaking him for a friend.