Episode

#104 - Why You Should Be Studying MLMs
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1:02:59
Published: Wed Aug 26 2020
Description

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.Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) host the pod today without a guest. In today’s episode you’ll hear: Shaan and Sam recap their previous episode with Tai Lopez and reflect on some of the feedback received from the listeners (1:08), Sam asks Shaan what he knows about trade associations (12:05), Shaan finds new ways to add value with trade associations for groups that traditionally don’t have them (18:35), both guys explore boring household products that could be made cool, like the Nest thermostat (24:40), Shaan walks through his renewed interest in licensing brands (31:05), Shaan and Sam explore brands that have the surprise effect and the genius of that mechanism (38:45), Shaan shares one of his secret tricks in mimicking MLMs (45:18), Sam talks through his next travel designation (48:05), Shaan’s fitness trainer is a force for optimism in his personal life (51:18). 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
The podcast discusses the benefits of using a unified data platform like Keap to automate tedious tasks, maintain contact information, and help teams access the same data to better serve customers.
00:00 - 02:08 (02:08)
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Data Platform
Summary

The podcast discusses the benefits of using a unified data platform like Keap to automate tedious tasks, maintain contact information, and help teams access the same data to better serve customers.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
People had a variety of responses to a comedian's selfie, from introspective reactions to insightful recaps of how hilarious and larger-than-life the comedian is.
02:08 - 06:44 (04:35)
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Comedians
Summary

People had a variety of responses to a comedian's selfie, from introspective reactions to insightful recaps of how hilarious and larger-than-life the comedian is.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The speaker talks about how some people may have perceived his lack of action in a certain situation as letting someone off the hook, but he views himself as more of an interested person than a cop in regards to ethical concerns in investigative journalism.
06:44 - 08:46 (02:02)
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Investigative Journalism
Summary

The speaker talks about how some people may have perceived his lack of action in a certain situation as letting someone off the hook, but he views himself as more of an interested person than a cop in regards to ethical concerns in investigative journalism.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The speaker comments on the high regard that Airbnb holds in Silicon Valley and the hypocritical nature of the virtue signaling that is present in the tech culture.
08:46 - 12:06 (03:20)
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Silicon Valley
Summary

The speaker comments on the high regard that Airbnb holds in Silicon Valley and the hypocritical nature of the virtue signaling that is present in the tech culture.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The business model of trade associations involves charging everyone a relatively small amount of fees for a simple value proposition.
12:06 - 17:48 (05:41)
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Trade Associations
Summary

The business model of trade associations involves charging everyone a relatively small amount of fees for a simple value proposition. Despite the negative connotation surrounding the name of these organizations, they have proven to be effective and profitable.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
In this podcast, the speaker mentions the importance of remote work and highlights the Gig Economy Trade Association as a potential resource for HR professionals.
17:48 - 20:38 (02:50)
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Remote Work, Gig Economy, HR
Summary

In this podcast, the speaker mentions the importance of remote work and highlights the Gig Economy Trade Association as a potential resource for HR professionals.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The podcast host mentions the increase in gig economy jobs and how people in these jobs often lack benefits such as health insurance and steady paychecks.
20:38 - 25:03 (04:24)
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Gig Economy
Summary

The podcast host mentions the increase in gig economy jobs and how people in these jobs often lack benefits such as health insurance and steady paychecks. They discuss the potential for finding a new niche to provide benefits to these workers.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
A company that produces pool water test strips has made $400 million in sales with a $100 million profit, despite its seemingly niche product marketed toward outdoorsy individuals.
25:03 - 31:00 (05:57)
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Business
Summary

A company that produces pool water test strips has made $400 million in sales with a $100 million profit, despite its seemingly niche product marketed toward outdoorsy individuals.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The first episode of this podcast discusses how a company called Tiny Code improved the distribution and buy-in of their corporate training games by licensing popular brands.
31:01 - 36:33 (05:31)
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corporate training
Summary

The first episode of this podcast discusses how a company called Tiny Code improved the distribution and buy-in of their corporate training games by licensing popular brands.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The speaker discusses the type of company they would start, potentially one that sells candy machines that occasionally give a diamond ring as a prize, and introduces the concept of ethnic Barbies.
36:33 - 43:00 (06:27)
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Entrepreneurship
Summary

The speaker discusses the type of company they would start, potentially one that sells candy machines that occasionally give a diamond ring as a prize, and introduces the concept of ethnic Barbies.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The speaker discusses how Home State Candles, created by a Facebook executive, has become a popular product due to its unique and customizable nature, as it offers candles that smell like individual states.
43:00 - 48:13 (05:12)
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Home State Candles
Summary

The speaker discusses how Home State Candles, created by a Facebook executive, has become a popular product due to its unique and customizable nature, as it offers candles that smell like individual states.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The speaker addresses regional stereotypes, pointing out that rural areas in different parts of the country may have similarities despite location.
48:13 - 53:18 (05:04)
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Regional Stereotypes
Summary

The speaker addresses regional stereotypes, pointing out that rural areas in different parts of the country may have similarities despite location.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
The podcast discusses a new technology that helps individuals to stay focused during stressful situations or while dealing with challenging tasks.
53:18 - 57:03 (03:44)
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Technology
Summary

The podcast discusses a new technology that helps individuals to stay focused during stressful situations or while dealing with challenging tasks. The technology enables people to manage their time better, helping them to get more done and reduce procrastination.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
Personal trainer motivates with a positive outlook and life philosophy to create an enjoyable workout experience.
57:03 - 1:01:51 (04:48)
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Fitness
Summary

Personal trainer motivates with a positive outlook and life philosophy to create an enjoyable workout experience.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million
Comedian and actor, Theo Von, thinks his trainer is his soulmate and describes how similar they are.
1:01:52 - 1:03:01 (01:08)
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Fitness
Summary

Comedian and actor, Theo Von, thinks his trainer is his soulmate and describes how similar they are. He recommends working out with him at a cost of around $85-90 per session.

Episode
#104 - Why You Should Be Studying MLMs
Podcast
My First Million