Episode
Virtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
1:04:21
Published: Thu Aug 11 2022
Description
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about virtual study halls, the absurd amount of money Scott Galloway makes per speech, and what it means to push the boulder uphill when starting a business. ----- Links: * WTF Studios * lofi hip hop radio * Studyverse * Studytogether * Discord * Scott Galloway twitter * The Prof G Pod * Bet Against The Professor * Section4 * Reforge * Aging Media Network * Industry Dive * Aunt Flow * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Show Notes: (04:10) - Fan email (06:00) - Studyverse & lo-fi radio on YouTube (12:55) - Scott Galloway making $5M speaking fees per year (21:55) - Marketing communities (29:30) - Aunt Flow and smart vending machines (34:35) - Don't start things that will end with you on a Netflix documentary (39:20) - Product-market fit (40:48) - Pushing the boulder uphill ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Chapters
The smart vending machine trend is expanding to include products like tampons, hygiene items, and healthy food options, with companies exploring new ways to deliver convenience to customers.
00:00 - 01:28 (01:28)
Summary
The smart vending machine trend is expanding to include products like tampons, hygiene items, and healthy food options, with companies exploring new ways to deliver convenience to customers.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
Two individuals discuss their influence on each other's ventures, including a successful vending machine side hustle and fitness journey.
01:28 - 04:49 (03:20)
Summary
Two individuals discuss their influence on each other's ventures, including a successful vending machine side hustle and fitness journey.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
This online study group DJ is gaining popularity as a hub for millions of students who listen to music while studying every day.
04:49 - 08:58 (04:08)
Summary
This online study group DJ is gaining popularity as a hub for millions of students who listen to music while studying every day. Despite its low-key nature, it has the potential to become a valuable business platform.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The use of emotes as a business model is not immediately intuitive, but successful platforms such as Discord and Twitch have proven that it can be a lucrative strategy with the right niche audience.
08:58 - 11:57 (02:59)
Summary
The use of emotes as a business model is not immediately intuitive, but successful platforms such as Discord and Twitch have proven that it can be a lucrative strategy with the right niche audience.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The podcast discusses a well-known comedian's success in the entertainment industry, including his famous blog and $5 million a year from speaking engagements.
11:57 - 16:42 (04:45)
Summary
The podcast discusses a well-known comedian's success in the entertainment industry, including his famous blog and $5 million a year from speaking engagements.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The speaker discusses the success of marketing schools and their revenue potential, having owned and exited multiple businesses.
16:42 - 20:55 (04:12)
Summary
The speaker discusses the success of marketing schools and their revenue potential, having owned and exited multiple businesses. They also talk about a bad prediction made by someone regarding Macy's and Amazon.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The bar for B2B media companies is so low that the primary objective is not whether the company makes good content, but whether they can acquire a user for $2 and make $8.
20:55 - 24:34 (03:38)
Summary
The bar for B2B media companies is so low that the primary objective is not whether the company makes good content, but whether they can acquire a user for $2 and make $8.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The success of entrepreneurial companies inspires copycats but also raises the bar for new players in the game, making it much harder now to succeed than before.
24:34 - 27:45 (03:11)
Summary
The success of entrepreneurial companies inspires copycats but also raises the bar for new players in the game, making it much harder now to succeed than before.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
Many smart vending machines aim to sell innovative products, but the most successful ones just stick to popular items like Coke and M&M's, which can result in up to 50 million dollars of revenue.
27:46 - 32:55 (05:09)
Summary
Many smart vending machines aim to sell innovative products, but the most successful ones just stick to popular items like Coke and M&M's, which can result in up to 50 million dollars of revenue.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The speaker expresses concerns about businesses that engage in shady practices such as gambling, questioning why they are allowed in his app.
32:55 - 37:06 (04:10)
Summary
The speaker expresses concerns about businesses that engage in shady practices such as gambling, questioning why they are allowed in his app. He notes that, while gambling is a profitable industry, stripping away the costs of a physical casino makes it seem even more suspicious.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The guest struggles to define exponential growth, equating it to "good life" and stressing the difficulty in keeping up with the rapid growth of their product.
37:06 - 42:07 (05:00)
Summary
The guest struggles to define exponential growth, equating it to "good life" and stressing the difficulty in keeping up with the rapid growth of their product.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The interviewer discusses the success of a social networking company and the turning point that made it a hit.
42:07 - 49:37 (07:30)
Summary
The interviewer discusses the success of a social networking company and the turning point that made it a hit. They then recount a scary encounter while trying to sell a company to potential buyers in Romania.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The stress and pressure of building a billion-dollar company took a toll on the founder's health, leading to major heart surgery.
49:37 - 53:32 (03:54)
Summary
The stress and pressure of building a billion-dollar company took a toll on the founder's health, leading to major heart surgery. The company had grown so quickly that they've had to tear down walls in their office just to fit everyone, but the founder didn't feel the joy of success he was expecting.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
A former Amazon employee shares his experience at the company, where they used to hold meetings in the stairwell and put two people at every desk due to lack of desk space.
53:32 - 56:59 (03:27)
Summary
A former Amazon employee shares his experience at the company, where they used to hold meetings in the stairwell and put two people at every desk due to lack of desk space. Their beautiful office was designed to look like a popular Airbnb-style rental and the company dealt with DDoS attacks.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The speaker shares his experience at a steak restaurant which provides a unique customer experience with advanced technology and a personalized touch.
56:59 - 59:49 (02:49)
Summary
The speaker shares his experience at a steak restaurant which provides a unique customer experience with advanced technology and a personalized touch.
EpisodeVirtual Study Halls, Absurd $ For Speeches, And Pushing the Boulder Uphill
PodcastMy First Million
The speakers discuss the importance of upgrading your workspace and getting inspired to make improvements, but acknowledge that having the skill to do so can be a challenge.
59:49 - 1:00:51 (01:02)
Summary
The speakers discuss the importance of upgrading your workspace and getting inspired to make improvements, but acknowledge that having the skill to do so can be a challenge.