Episode

#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
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1:02:36
Published: Wed Jul 14 2021
Description

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) share when it makes sense to swing for the fences and go all in on an idea. The guys also talk about performance vs brand advertising, the sick house Shaan is staying in, and end the episode with a segment on teenage side hustles. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (:49) Performance vs. brand advertising * (7:43) The $15 million dollar house * (16:01) The 8 figure crypto media biz * (21:56) The power of the Bitcoin community * (25:56) The crypto exchange that could have been * (31:34) When to go all in on something * (38:04) Making millions without an audience * (45:24) How to up your intensity * (48:49) Teenage side hustles

Chapters
Looking at companies who are doing brand advertising can show that they are crushing it and just building brand awareness rather than hoping for immediate purchases.
00:00 - 02:56 (02:56)
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Brand Advertising
Summary

Looking at companies who are doing brand advertising can show that they are crushing it and just building brand awareness rather than hoping for immediate purchases.

Episode
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Podcast
My First Million
This podcast discusses the business strategies of direct-to-consumer watch brands and questions how they are able to offer quality watches at discounted prices.
02:56 - 06:56 (03:59)
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Direct-to-Consumer
Summary

This podcast discusses the business strategies of direct-to-consumer watch brands and questions how they are able to offer quality watches at discounted prices.

Episode
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Podcast
My First Million
The appeal of investing in real estate through cryptocurrencies like Bitcoin and Ethereum is growing, but investors must weigh the risks, such as the lack of federal regulation and the potential illiquidity of their funds.
06:56 - 09:22 (02:25)
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cryptocurrency
Summary

The appeal of investing in real estate through cryptocurrencies like Bitcoin and Ethereum is growing, but investors must weigh the risks, such as the lack of federal regulation and the potential illiquidity of their funds.

Episode
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Podcast
My First Million
The value of homes as an investment depends on factors such as liquidity, maintenance, and family needs.
09:22 - 13:37 (04:15)
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Investment
Summary

The value of homes as an investment depends on factors such as liquidity, maintenance, and family needs. The purchase of a home may make sense for those with large families or high net worth, but not necessarily for everyone.

Episode
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Podcast
My First Million
Investing in real estate can provide amazing returns.
13:37 - 15:59 (02:21)
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Real Estate Investing
Summary

Investing in real estate can provide amazing returns. Building a house to live in yourself can provide a unique experience and can simplify the process of managing a real estate investment.

Episode
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Podcast
My First Million
Getting rich slow is boring but it works.
15:59 - 16:52 (00:52)
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Personal Finance
Summary

Getting rich slow is boring but it works. The problem is that people do not want to take a small base and let it compound for a long time.

Episode
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Podcast
My First Million