Episode
#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
49:05
Published: Wed Aug 19 2020
Description
- https://mankindproject.org/ a personal development organization - https://www.moneysupermarket.com/ Price comparison - https://www.answers.com/ sold for $900m to Apax Partners - https://clarity.fm/ Startup advice from experts - https://superpeer.com/ Video call scheduling platform - https://www.7cups.com/ Online therapy - https://www.talkspace.com/ & https://www.betterhelp.com/ - https://www.ypo.org/ Leadership community - https://www.instagram.com/daquan/?hl=en sold to http://www.imgn.media/ - https://socialchain.com/ Social media aggregator and agency - https://www.ladbible.com/ Internet media company - https://www.gymshark.com/ Gymwear - https://www.gruntstyle.com/ Online clothing company This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. 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 is a free and easy-to-use platform that offers all the necessary tools for businesses to automate tasks, keep track of contact information and deals, and reach their goals while maintaining data accessibility for the entire team.
00:00 - 00:54 (00:54)
Summary
HubSpot CRM is a free and easy-to-use platform that offers all the necessary tools for businesses to automate tasks, keep track of contact information and deals, and reach their goals while maintaining data accessibility for the entire team.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The guest speaker highlights the importance of having a clear leadership style when running a company and references how being extremely detailed in expectations, similar to an army, can be beneficial for the team.
00:54 - 03:29 (02:34)
Summary
The guest speaker highlights the importance of having a clear leadership style when running a company and references how being extremely detailed in expectations, similar to an army, can be beneficial for the team.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The speaker discusses the potential downsides and limited categories of affiliate marketing as well as sharing an example of a business generating significant revenue and profit through this model.
03:29 - 07:51 (04:22)
Summary
The speaker discusses the potential downsides and limited categories of affiliate marketing as well as sharing an example of a business generating significant revenue and profit through this model.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The affiliate marketing space is competitive, with established players having an advantage, but once a site works, it can experience exponential growth.
07:51 - 11:37 (03:45)
Summary
The affiliate marketing space is competitive, with established players having an advantage, but once a site works, it can experience exponential growth.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The speaker discusses the benefits of transparency in personal finance and recommends subscribing to podcasts for updates on monthly profit and loss, budgeting, and financial decisions.
11:37 - 14:17 (02:40)
Summary
The speaker discusses the benefits of transparency in personal finance and recommends subscribing to podcasts for updates on monthly profit and loss, budgeting, and financial decisions. They advocate for user-friendly content over content farms.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
Exploring a possible solution to the problem of finding reliable and trustworthy information online.
14:17 - 18:30 (04:12)
Summary
Exploring a possible solution to the problem of finding reliable and trustworthy information online. The idea is to offer a subscription-based service that connects users with experts in various fields for personalized advice.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The COVID-19 pandemic has caused a shift towards online retail shopping, while online therapy apps such as Seven Cups of Tea see growing demand.
18:30 - 21:27 (02:57)
Summary
The COVID-19 pandemic has caused a shift towards online retail shopping, while online therapy apps such as Seven Cups of Tea see growing demand. This has led some entrepreneurs to explore creating new therapy apps to meet the needs of this growing market.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The use of video in delivering services such as therapy, coaching, and personal training is likely to increase in the future.
21:27 - 26:23 (04:55)
Summary
The use of video in delivering services such as therapy, coaching, and personal training is likely to increase in the future. The speaker also highlights the opportunity for developers to create platforms for these types of service providers to sell their services online.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
Building a software business can lead to significant success as every time the product improves, every customer benefits from the upgrade, unlike other industries where early adopters are often stuck with a subpar product.
26:23 - 32:12 (05:48)
Summary
Building a software business can lead to significant success as every time the product improves, every customer benefits from the upgrade, unlike other industries where early adopters are often stuck with a subpar product.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The popularity of meme accounts, such as Daquan or F Jerry, has allowed influencers to easily promote and popularize products, events, and even apps with a budget of under $25,000.
32:12 - 36:48 (04:36)
Summary
The popularity of meme accounts, such as Daquan or F Jerry, has allowed influencers to easily promote and popularize products, events, and even apps with a budget of under $25,000.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
This podcast talks about a young influencer with a British accent and impressive following, who gets invited to speak at marketing conferences and is sought after by big brands such as Microsoft and Netflix.
36:48 - 42:12 (05:24)
Summary
This podcast talks about a young influencer with a British accent and impressive following, who gets invited to speak at marketing conferences and is sought after by big brands such as Microsoft and Netflix.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The sportswear brand in question is popular among the Instagram girls of England due to its cheap price, while some people compare the brand's ambassadors to English bros.
42:12 - 44:33 (02:21)
Summary
The sportswear brand in question is popular among the Instagram girls of England due to its cheap price, while some people compare the brand's ambassadors to English bros.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The conservative right-leaning demographic is drawn to extremely patriotic products such as t-shirts with American flag designs, and slogans supporting their values such as whiskey helps.
44:33 - 48:13 (03:40)
Summary
The conservative right-leaning demographic is drawn to extremely patriotic products such as t-shirts with American flag designs, and slogans supporting their values such as whiskey helps. These products allow conservatives to showcase their values and beliefs, while also engaging with consumerism.
Episode#102 - Why a Handful of Meme Accounts Sold for Nearly $100m
PodcastMy First Million
The audience of right-wing media outlets such as Fox and Breitbart are the most super engaged audience that the speaker has ever seen, with extreme versions such as the Alex Jones crowd.
48:13 - 49:07 (00:53)
Summary
The audience of right-wing media outlets such as Fox and Breitbart are the most super engaged audience that the speaker has ever seen, with extreme versions such as the Alex Jones crowd. However, it is also noted that there is a wider and less overzealous audience as you get closer to the center.