Episode

#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
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57:47
Published: Fri Dec 04 2020
Description

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Shaan and Sam catch up and talk about the interesting and strange ways that the podcast have affected their lives (3:00) - Sam breaks down interesting writing tools and questions why they are so successful (6:30) - Shaan explains why building businesses on the internet is a “winner-takes-all” game (9:55) - Shaan tells Sam about his new One Big Thing Chrome extension (18:00) - Sam learns from the AppSumo model (23:00) - Sam and Shaan talk about how certain financial situations are hard to digest mentally (27:10) - Shaan talks about being a “time billionaire” (33:05) - Shaan has an interesting revelation on what it’s like to be an angel investor (44:40) - Why Bitcoin is different this time (52:43) Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Have you 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 one-stop-shop for businesses that helps automate tasks, keep track of contact info and deals, and make sure teams have access to the same data to better serve customers and reach goals.
00:00 - 01:08 (01:08)
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HubSpot CRM
Summary

HubSpot CRM is a one-stop-shop for businesses that helps automate tasks, keep track of contact info and deals, and make sure teams have access to the same data to better serve customers and reach goals. Plus, it's easy to use and free to get started.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
A podcaster's vest reminded the co-host of the Chick-fil-A brand, but the podcaster corrected him and mentioned that his father is obsessed with Domino's.
01:08 - 05:03 (03:54)
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Brand Recognition
Summary

A podcaster's vest reminded the co-host of the Chick-fil-A brand, but the podcaster corrected him and mentioned that his father is obsessed with Domino's.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
The speaker recounts an uncomfortable moment with a podcast collaborator and their respective spouses, leading to an awkward conversation about their partnership.
05:03 - 08:57 (03:54)
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Podcast Collaboration
Summary

The speaker recounts an uncomfortable moment with a podcast collaborator and their respective spouses, leading to an awkward conversation about their partnership.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
Notion is winning the note taking app market because it is not just a simple notes app like the default one that comes with your computer, it has multiplayer and social software features.
08:57 - 16:47 (07:50)
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Notion
Summary

Notion is winning the note taking app market because it is not just a simple notes app like the default one that comes with your computer, it has multiplayer and social software features. It is predicted that Notion, along with Rome and Evernote, will reach billion-dollar plus value marks soon.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
This productivity system involves writing down one line per day to focus on the most important tasks and outperform other complex productivity systems.
16:48 - 21:19 (04:30)
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Productivity
Summary

This productivity system involves writing down one line per day to focus on the most important tasks and outperform other complex productivity systems.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
The speaker mentions an idea for a subscription-based coupon aggregator service with affiliate deals in place to monetize its offering more effectively.
21:19 - 25:15 (03:56)
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Affiliate Marketing
Summary

The speaker mentions an idea for a subscription-based coupon aggregator service with affiliate deals in place to monetize its offering more effectively. It could potentially attract millions of users and generate substantial revenue.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
Unsubscribed, a start-up for unsubscribing people to unwanted subscriptions has gained traction in the market.
25:15 - 28:11 (02:56)
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Unsubscribing tool
Summary

Unsubscribed, a start-up for unsubscribing people to unwanted subscriptions has gained traction in the market. They help in cutting off unwanted subscriptions like QuickBooks, payroll software by connecting to the user's account and the company has seen considerable success in its functioning.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
The speaker shares a conversation with his broker on understanding the psychology of investing, including the concept of not equating business spending with personal spending and the strategy of stock splits in companies.
28:11 - 34:08 (05:56)
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Investing
Summary

The speaker shares a conversation with his broker on understanding the psychology of investing, including the concept of not equating business spending with personal spending and the strategy of stock splits in companies.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
The value of youth and time is worth more than a billion dollars or cultural impact.
34:08 - 37:26 (03:18)
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Money, Time
Summary

The value of youth and time is worth more than a billion dollars or cultural impact. A billion seconds equals 31 years, highlighting the difference between a millionaire and billionaire, despite having massive wealth.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
Understanding the importance of values and purpose is crucial for businesses to make decisions and prioritize what's truly important.
37:26 - 42:55 (05:29)
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Values and Purpose
Summary

Understanding the importance of values and purpose is crucial for businesses to make decisions and prioritize what's truly important. Making decisions based on values creates a sense of purpose that can help drive success and fulfillment.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
In this podcast, the speaker talks about the sneaker market income and investment decisions.
42:55 - 48:11 (05:15)
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Sneaker market, Investment decisions
Summary

In this podcast, the speaker talks about the sneaker market income and investment decisions. He also explores how raising a child can affect investment behavior.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
Whatnot app allows users to buy and sell card packs with ease, and watch live streams of people participating in card breaks.
48:11 - 51:17 (03:05)
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Whatnot App
Summary

Whatnot app allows users to buy and sell card packs with ease, and watch live streams of people participating in card breaks. The app lets users buy specific packs and items, as well as trade in options for credits.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
This podcast episode discusses the rise of live streaming e-commerce and grayscale's investment strategy of buying all bitcoin upfront with capital.
51:17 - 56:18 (05:01)
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E-commerce, Bitcoin
Summary

This podcast episode discusses the rise of live streaming e-commerce and grayscale's investment strategy of buying all bitcoin upfront with capital.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million
No significant information or discussion took place in this segment, except for a brief mention of arranging a call with someone in Hawaii.
56:19 - 56:40 (00:21)
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None
Summary

No significant information or discussion took place in this segment, except for a brief mention of arranging a call with someone in Hawaii.

Episode
#134 - Why the Collectables Market is Booming, Ecommerce 3.0, and "Time Billionaire" Explained
Podcast
My First Million