Episode
#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
1:00:53
Published: Wed Dec 23 2020
Description
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 00:30 Is it better to rent and invest your money elsewhere? - 05:32 Penny Hoarder acquired for over $100m - 09:20 MrBeast Burger and clout kitchens - 17:01 Guthy-Renker and the lucrative world of direct-mail - 20:57 Will mom and pop restaurants become cloud kitchens? - 25:25 The guys chat Martin Shkreli stories - 38:13 Elon Musk buying $100B in Bitcoin? - 42:44 Shaan discusses ending his newsletter - 47:47 The guys discuss how they track their finances Have you 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 provides all the necessary tools to automate tasks, manage contact and deal information, and enable team collaboration to serve customers better and achieve business goals, all while being free and easy to use.
00:00 - 01:41 (01:41)
Summary
HubSpot CRM provides all the necessary tools to automate tasks, manage contact and deal information, and enable team collaboration to serve customers better and achieve business goals, all while being free and easy to use.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The speaker proposes a strategy for renting apartments, where individuals rent one place for a period of time, invest money that they would otherwise have spent on rent, and use that investment to rent a new place after their first lease is up.
01:41 - 06:10 (04:28)
Summary
The speaker proposes a strategy for renting apartments, where individuals rent one place for a period of time, invest money that they would otherwise have spent on rent, and use that investment to rent a new place after their first lease is up. This provides both the flexibility to move around and the opportunity to invest money in stocks or cryptocurrency.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The speaker discusses how websites can manipulate content to maximize clicks on advertisements and offers, using examples such as Bobby Flay's burger joint and the Q pot.
06:10 - 11:13 (05:03)
Summary
The speaker discusses how websites can manipulate content to maximize clicks on advertisements and offers, using examples such as Bobby Flay's burger joint and the Q pot.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
A new trend that is growing in the food industry is virtual restaurants, which essentially operate as delivery-only brands on food delivery platforms such as Uber Eats and DoorDash.
11:13 - 14:14 (03:00)
Summary
A new trend that is growing in the food industry is virtual restaurants, which essentially operate as delivery-only brands on food delivery platforms such as Uber Eats and DoorDash.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The virtual restaurant space is exploding in part due to celebs joining the trend.
14:14 - 18:11 (03:57)
Summary
The virtual restaurant space is exploding in part due to celebs joining the trend. Quality control issues will arise as more C and D listers look to the platform to increase their earnings.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
In this episode of Marketing School, Neil and Eric discuss the origins of multi-level marketing and direct response marketing, tracing back to the purchase of the self-help book "Think and Grow Rich" by Napoleon Hill.
18:11 - 22:42 (04:30)
Summary
In this episode of Marketing School, Neil and Eric discuss the origins of multi-level marketing and direct response marketing, tracing back to the purchase of the self-help book "Think and Grow Rich" by Napoleon Hill.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The key to getting rich is persistence over time and the willingness to build relationships with low-income, hardworking immigrant families to teach them how to make a product to sell for a profit.
22:42 - 27:40 (04:57)
Summary
The key to getting rich is persistence over time and the willingness to build relationships with low-income, hardworking immigrant families to teach them how to make a product to sell for a profit.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
This podcast episode discusses miscellaneous topics including the price variation of allergic reaction shots, a punchable face of an individual, and the controversy regarding Martin Wave's insurance practices.
27:40 - 31:23 (03:43)
Summary
This podcast episode discusses miscellaneous topics including the price variation of allergic reaction shots, a punchable face of an individual, and the controversy regarding Martin Wave's insurance practices.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
Summary
No relevant information was found in the given transcript.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
Elon Musk, known for his trolling ways, crossed a line by falsely claiming to be the former CEO of Dogecoin and orchestrating takedowns of dating app, Tinder, and other service providers.
37:21 - 42:19 (04:58)
Summary
Elon Musk, known for his trolling ways, crossed a line by falsely claiming to be the former CEO of Dogecoin and orchestrating takedowns of dating app, Tinder, and other service providers.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The podcast host's personality seems to be trying really hard to be cool and irreverent, much like how Trump's persona evolved over the years to mean different things to different people.
42:19 - 45:45 (03:26)
Summary
The podcast host's personality seems to be trying really hard to be cool and irreverent, much like how Trump's persona evolved over the years to mean different things to different people.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The speaker shares his struggles in creating an exciting event during the pandemic and how he came up with the idea of a digital meetup featuring notable speakers.
45:45 - 49:24 (03:38)
Summary
The speaker shares his struggles in creating an exciting event during the pandemic and how he came up with the idea of a digital meetup featuring notable speakers.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
In this podcast, the speaker discusses ways to set up and manage multiple bank accounts efficiently, including using Excel to track spending and manually analyzing financial data for a better understanding of spending habits.
49:24 - 54:47 (05:23)
Summary
In this podcast, the speaker discusses ways to set up and manage multiple bank accounts efficiently, including using Excel to track spending and manually analyzing financial data for a better understanding of spending habits.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
The speaker suggests setting a spending threshold for discussing finances with a partner rather than regularly measuring spending, as he is more focused on long-term financial goals.
54:49 - 58:21 (03:32)
Summary
The speaker suggests setting a spending threshold for discussing finances with a partner rather than regularly measuring spending, as he is more focused on long-term financial goals.
Episode#139 - The Rise of "Clout" Kitchens, Why Martin Shkreli is a Rockstar, and a $100m Acquisition
PodcastMy First Million
Mommy groups can provide a supportive community for moms with shared goals or desires, enabling them to trade tips and advice on achieving them.
58:21 - 1:00:50 (02:28)
Summary
Mommy groups can provide a supportive community for moms with shared goals or desires, enabling them to trade tips and advice on achieving them.