Episode
#24 - Unicorn Signals, Alternative Milk & Movie Incubators
32:01
Published: Sun Nov 10 2019
Description
The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. This week they talk about creating a Y-Combinator for content production, signals that predicts future unicorns, transferring your work desk into your home, AirBnB for concerts, alternative milk boom and re-positioning existing products. We are holding a Q&A episode next week, send us your questions to: [email protected] you enjoy this and would like a weekly briefing on super in-depth research in these trends, Sam has offered a discount on The Hustle's Trends newsletter, go to https://trends.co/million. See acast.com/privacy for privacy and opt-out information.
Chapters
HubSpot CRM is a one-stop-shop with all the tools you need to automate tedious tasks, keep track of contact info and deals, and better serve customers to reach your goals.
00:00 - 00:52 (00:52)
Summary
HubSpot CRM is a one-stop-shop with all the tools you need to automate tedious tasks, keep track of contact info and deals, and better serve customers to reach your goals. It's easy to use and free to get started.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
Many people find comfort in the idea that their idols or people they look up to are not perfect and have flaws similar to their own.
00:52 - 04:28 (03:35)
Summary
Many people find comfort in the idea that their idols or people they look up to are not perfect and have flaws similar to their own. It is not uncommon for individuals to inquire about a celebrity's personal issues, to relate to their struggles, and to feel more connected to them.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
The founder of DreamWorks has raised $2 billion pre-launch for Quibi, a startup that will create short 10-minute videos.
04:28 - 08:53 (04:25)
Summary
The founder of DreamWorks has raised $2 billion pre-launch for Quibi, a startup that will create short 10-minute videos. This comes at a time where it's advantageous to start a production studio due to high demand for content like Friends and The Office.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
The demand for exclusive digital content in the entertainment industry is increasing.
08:53 - 11:19 (02:25)
Summary
The demand for exclusive digital content in the entertainment industry is increasing. The success of content production depends on having a skilled workforce that knows how to produce quality content on time and on budget.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
The hosts discuss the process of generating new business ideas from successful companies using the example of a $25 million a year conference business with only six to eight employees.
11:19 - 14:19 (03:00)
Summary
The hosts discuss the process of generating new business ideas from successful companies using the example of a $25 million a year conference business with only six to eight employees.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
Companies are creating work-from-home tools to mimic office settings, such as Google doc alternatives for collaborative projects.
14:19 - 15:51 (01:32)
Summary
Companies are creating work-from-home tools to mimic office settings, such as Google doc alternatives for collaborative projects.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
The transition from in-office work to remote work can be difficult as it presents new challenges for communication, such as calling in remote workers for meetings, and can also impact the efficiency of certain processes like book closing.
15:51 - 18:10 (02:18)
Summary
The transition from in-office work to remote work can be difficult as it presents new challenges for communication, such as calling in remote workers for meetings, and can also impact the efficiency of certain processes like book closing.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
Sofar Sounds is a platform that organizes small musical concerts in various locations.
18:10 - 20:39 (02:28)
Summary
Sofar Sounds is a platform that organizes small musical concerts in various locations. Musicians, who rely mainly on live performances due to low album sales and streaming royalties, can perform in different cafes, lounges, and residential areas, providing a unique musical experience for the audience.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
Tiger milk is a highly popular drink in Nigeria, made from a blend of ginger, cloves, and traditional evaporated or condensed milk.
20:39 - 23:49 (03:09)
Summary
Tiger milk is a highly popular drink in Nigeria, made from a blend of ginger, cloves, and traditional evaporated or condensed milk. Despite being unknown in the alt milk market, it has the potential for growth in the Western market.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
This podcast explores the importance of using descriptive words in marketing and how it affects the perceived value of a product.
23:51 - 27:51 (04:00)
Summary
This podcast explores the importance of using descriptive words in marketing and how it affects the perceived value of a product. Examples such as "quartz movement" in watches and "hand-fed, pasture raised" in beef are highlighted.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
In this podcast snippet, the speaker explores an interaction in which a sushi chef illustrates the importance of pricing sushi well and how this can help to "educate" customers and actually generate more sales.
27:51 - 30:24 (02:32)
Summary
In this podcast snippet, the speaker explores an interaction in which a sushi chef illustrates the importance of pricing sushi well and how this can help to "educate" customers and actually generate more sales.
Episode#24 - Unicorn Signals, Alternative Milk & Movie Incubators
PodcastMy First Million
Acquiring a small business is a fast path to building a successful company as you're buying an already somewhat successful business.
30:24 - 31:54 (01:29)
Summary
Acquiring a small business is a fast path to building a successful company as you're buying an already somewhat successful business. This strategy is not commonly known but can be financed without needing a lot of money upfront.