Episode
#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
1:28:11
Published: Mon Sep 07 2020
Description
Shaan Puri (@ShaanVP) hosts the pod today with guests Ben Gilbert (@gilbert) and David Rosenthal (djrosent) from the Aquired podcast (@acquiredfm). In today’s episode you’ll hear: Shaan asks Ben and David to give some background on themselves and the Acquired podcast (0:30), Shaan gives four personalities that every company needs to succeed (11:00), the Acquired guys pitch an idea for an Airbnb that says whether or not the location has wifi (18:00), the Acquired guys talk about making your own stock index (29:10), Shaan talks about putting solar panels into space and beaming energy back down to earth (39:00), the guys talk about different ways to mitigate tax liability (48:10), the Acquired guys asks Shaan to tell the story of Bebo (62:10). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. 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
The podcast hosts discuss a tool that enhances productivity by automating repetitive tasks, managing contact information and data, and facilitating team collaboration.
00:00 - 01:31 (01:31)
Summary
The podcast hosts discuss a tool that enhances productivity by automating repetitive tasks, managing contact information and data, and facilitating team collaboration. The hosts express their confidence in the efficiency and versatility of the tool.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
From big flashy companies to rural Iowa drone light shows, there are many ways to be successful on the Internet.
01:31 - 06:11 (04:40)
Summary
From big flashy companies to rural Iowa drone light shows, there are many ways to be successful on the Internet.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The speaker discusses evaluating half-baked ideas with Sean and how successful individuals go to Burning Man or Marti Gras to let their hair down and discuss such ideas.
06:11 - 12:48 (06:36)
Summary
The speaker discusses evaluating half-baked ideas with Sean and how successful individuals go to Burning Man or Marti Gras to let their hair down and discuss such ideas.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
Building effective communication and having administrative support is crucial for the success of a business venture, as without it, even the most promising idea can fail.
12:48 - 16:10 (03:21)
Summary
Building effective communication and having administrative support is crucial for the success of a business venture, as without it, even the most promising idea can fail.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The hosts discuss strategies for coming up with successful startup ideas, including the importance of timing and creating a path for accomplishing the idea.
16:10 - 18:53 (02:43)
Summary
The hosts discuss strategies for coming up with successful startup ideas, including the importance of timing and creating a path for accomplishing the idea.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
With the increasing dependence on Wi-Fi, the need for better Wi-Fi outside homes and offices is becoming a necessity.
18:54 - 24:44 (05:50)
Summary
With the increasing dependence on Wi-Fi, the need for better Wi-Fi outside homes and offices is becoming a necessity. Hip Camp, an outdoor accommodations provider, is exploring ways to bring high-speed internet to its campsites to cater to the needs of customers.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The emergence of SPACs has created a new way for startups to go public, and we can expect to see more and more series C or later startups going public through this mechanism.
24:44 - 29:50 (05:06)
Summary
The emergence of SPACs has created a new way for startups to go public, and we can expect to see more and more series C or later startups going public through this mechanism. However, betting on SPACs as a whole may not be the best investment strategy since they trade around ten dollars a share, which is effectively the amount of cash they have in the bank.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The speaker discusses investing through apps and the rise of SPAC newsletter.
29:50 - 35:07 (05:17)
Summary
The speaker discusses investing through apps and the rise of SPAC newsletter. They also highlight the importance of branding in the finance industry.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The lack of a solid funding structure has been a major obstacle for the spread and implementation of clean technology, which presents a major problem as natural disasters and fires caused by climate change continue to wreak havoc.
35:07 - 42:30 (07:22)
Summary
The lack of a solid funding structure has been a major obstacle for the spread and implementation of clean technology, which presents a major problem as natural disasters and fires caused by climate change continue to wreak havoc. However, some have suggested solutions such as placing solar panels in space and beaming the energy to Earth.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The speaker contacted 12 different insurance providers for a business insurance policy for their e-commerce business but faced difficulty in finding one.
42:30 - 45:50 (03:20)
Summary
The speaker contacted 12 different insurance providers for a business insurance policy for their e-commerce business but faced difficulty in finding one. They finally found one provider, but the speaker believes there is an opportunity for more providers in this area.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The increase in wealth for crypto millionaires leads to tax implications similar to multi-generational trusts, causing potential investment in solar power.
45:50 - 52:21 (06:31)
Summary
The increase in wealth for crypto millionaires leads to tax implications similar to multi-generational trusts, causing potential investment in solar power. It's important to follow the interests of innovators, as seemingly random toys and gadgets may become big deals.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
Tesla's solar power projects now focus on solar roofs and power walls.
52:21 - 59:06 (06:44)
Summary
Tesla's solar power projects now focus on solar roofs and power walls. The demand is increasing among people who want solar but do not want to invest a large amount of money into it.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The podcast discusses the potential for growth marketers to use surgical methods such as running ads against other products to obtain data and achieve great success in acquisitions.
59:06 - 1:04:10 (05:03)
Summary
The podcast discusses the potential for growth marketers to use surgical methods such as running ads against other products to obtain data and achieve great success in acquisitions.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
Bebo was a popular social networking site in certain markets like Europe and New Zealand, however, after its acquisition by AOL, it was later written off as a tax write-off.
1:04:10 - 1:09:45 (05:34)
Summary
Bebo was a popular social networking site in certain markets like Europe and New Zealand, however, after its acquisition by AOL, it was later written off as a tax write-off.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
Michael Birch, the original founder of Bebo, shares his experience of starting the social network and the reasons for its eventual decline.
1:09:45 - 1:15:07 (05:21)
Summary
Michael Birch, the original founder of Bebo, shares his experience of starting the social network and the reasons for its eventual decline. He also discusses his current work creating an eco-friendly private club in California.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
Tony Robbins leads live workshops for callers to receive help with their problems while others use the platform as a room to chill in like a live audience for Google Hangouts or Zoom.
1:15:07 - 1:21:21 (06:14)
Summary
Tony Robbins leads live workshops for callers to receive help with their problems while others use the platform as a room to chill in like a live audience for Google Hangouts or Zoom.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
In this episode, the guest talks about how she discovered her deal doulas, who helped her navigate through the process of selling her company.
1:21:21 - 1:26:36 (05:14)
Summary
In this episode, the guest talks about how she discovered her deal doulas, who helped her navigate through the process of selling her company. She shares her experiences and provides tips for entrepreneurs on how to position their story and connect with potential buyers on a personal level.
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The speaker shares their experience with selling their company while highlighting the importance of focusing on the bot use case and not getting distracted with new ideas.
1:26:36 - 1:28:13 (01:37)
Summary
The speaker shares their experience with selling their company while highlighting the importance of focusing on the bot use case and not getting distracted with new ideas.