Episode

#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
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39:58
Published: Fri Feb 07 2020
Description

Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we share ideas and help each other out: www.facebook.com/groups/ourfirstmillion. Harry's (D2C razor brand) sale blocked & D2C selling to PE strategy (0:55), /r/WallStreetBets & Tesla shorts (6:05), Drew Houston sitting on Facebook board & Professional board sitters (11:39), Labor law posters, MailChimp for governments & other weird compliance rules (14:48), Turnkey compliance, contracting remote workers & Letsdeel.com (18:11), Huge unsexy business: exec headhunting (21:23), Influential people curating job boards (27:52), Crowd-sources salary comparison sites like levels.fyi (33:08) & The Ringer selling to Spotify & why it makes podcast acquisitions make sense (35:41).  See acast.com/privacy for privacy and opt-out information.

Chapters
The prediction is that DTC companies will have to sell to private equity companies in the near future.
00:00 - 02:59 (02:59)
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DTC (Direct-to-Consumer)
Summary

The prediction is that DTC companies will have to sell to private equity companies in the near future.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The majority of acquisitions end up being 10x or 0, which is a big risk for DTC companies hoping for a big sell-off to Procter & Gamble or Clorox.
02:59 - 08:09 (05:09)
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Acquisitions
Summary

The majority of acquisitions end up being 10x or 0, which is a big risk for DTC companies hoping for a big sell-off to Procter & Gamble or Clorox.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
This podcast episode gives a brief explanation of short selling and its role in the recent Gamestop stock surge.
08:10 - 12:56 (04:45)
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Short Selling
Summary

This podcast episode gives a brief explanation of short selling and its role in the recent Gamestop stock surge. It also discusses how the surge affected many billionaire hedge funds.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
A discussion about how being on the board of a large company can lead to social opportunities and connections with successful people.
12:56 - 15:29 (02:33)
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Business
Summary

A discussion about how being on the board of a large company can lead to social opportunities and connections with successful people.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The speaker discusses the importance of understanding international labor laws when conducting interviews with candidates from other countries.
15:29 - 20:50 (05:20)
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Labor Laws
Summary

The speaker discusses the importance of understanding international labor laws when conducting interviews with candidates from other countries.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
A business owner discusses his experience with hiring executives through an executive search company, and the importance of turnkey compliance in other types of businesses.
20:50 - 22:56 (02:05)
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Executive search
Summary

A business owner discusses his experience with hiring executives through an executive search company, and the importance of turnkey compliance in other types of businesses.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The founder of Stripe serves as an example of how people with influence can create internal job boards or spread resumes quickly to facilitate the job search for qualified individuals, and in the process can speed up the recruitment process effectively, better than others.
22:56 - 27:39 (04:43)
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Recruitment
Summary

The founder of Stripe serves as an example of how people with influence can create internal job boards or spread resumes quickly to facilitate the job search for qualified individuals, and in the process can speed up the recruitment process effectively, better than others.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The speaker discusses a potential website idea that would offer employee reviews of companies, with the goal of providing a more truthful and balanced perspective of a company's pros and cons.
27:39 - 30:11 (02:32)
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Business
Summary

The speaker discusses a potential website idea that would offer employee reviews of companies, with the goal of providing a more truthful and balanced perspective of a company's pros and cons.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
This podcast episode features a discussion about Ryan Carson, the CEO of Treehouse, who has championed the concept of remote work with a vision of making it the new normal.
30:11 - 31:59 (01:48)
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Remote work
Summary

This podcast episode features a discussion about Ryan Carson, the CEO of Treehouse, who has championed the concept of remote work with a vision of making it the new normal. The episode explores his philosophy, ambitions, and success stories surrounding Treehouse, and how he has inspired others to embrace remote work.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The speaker discusses how joining Amazon led to learning about the different stock vesting schedules of companies and the importance of providing truthful information about a company's work environment on job review sites.
31:59 - 34:14 (02:14)
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Amazon
Summary

The speaker discusses how joining Amazon led to learning about the different stock vesting schedules of companies and the importance of providing truthful information about a company's work environment on job review sites.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The incorporation of podcasting into platforms like Spotify is a business strategy that aims to keep customers engaged and prevent cancellation of memberships.
34:14 - 38:57 (04:42)
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Podcasting
Summary

The incorporation of podcasting into platforms like Spotify is a business strategy that aims to keep customers engaged and prevent cancellation of memberships.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million
The hosts plan to bring in guests and listen to feedback for their podcast episodes.
38:57 - 39:58 (01:00)
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Podcasting
Summary

The hosts plan to bring in guests and listen to feedback for their podcast episodes. Their goal is to reach 100,000 listens per episode to be in the top 15 charts.

Episode
#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms
Podcast
My First Million