Episode
#106 - The Q&A Special: We Answer Your Questions Live
1:19:31
Published: Wed Sep 02 2020
Description
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.
Chapters
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Summary
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.
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
The process of composing a song can be inspired by anything, from the legendary musician Slash to a line of graffiti on a wall.
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
09:46 - 13:00 (03:13)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
13:00 - 16:19 (03:19)
Summary
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.
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
16:20 - 19:42 (03:22)
Summary
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.
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
19:42 - 22:22 (02:39)
Summary
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.
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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22:22 - 26:29 (04:07)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
The speaker reflects on the false beliefs he had about running his own business and how he aims to become the next Tripadvisor.
26:29 - 31:39 (05:09)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
This episode discusses the potential dangers of relying solely on advertising revenue over other forms of monetization, like subscriptions.
31:39 - 38:15 (06:35)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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38:15 - 43:09 (04:54)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
43:10 - 48:01 (04:51)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
48:01 - 54:24 (06:23)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
The average tenure in high growth industries is two years or less and companies no longer fit the traditional mold.
54:24 - 59:08 (04:43)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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59:08 - 1:02:01 (02:53)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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1:02:01 - 1:05:13 (03:11)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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.
1:05:13 - 1:07:53 (02:40)
Summary
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.
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
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1:07:54 - 1:12:30 (04:36)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
The speaker shares the criteria for trends and the idea of putting their recipe on the wholesale food industry.
1:12:30 - 1:19:01 (06:31)
Summary
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Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
The podcast has come to an end with the hosts thanking the guests for joining and the audience for listening to it.
1:19:01 - 1:19:33 (00:31)
Summary
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