Episode
#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
44:53
Published: Wed Jul 01 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. Episode summary: (5:15) The unbundling of Reddit (11:50) The formula for finding niches to unbundle (16:24) Examples of a subreddits that could become a business (31:00) The businesses that use giveaways to grow. See acast.com/privacy for privacy and opt-out information.
Chapters
The interview with the founder of Mix.com covers the importance of organization and automation, as well as his plans for relaunching StumbleUpon as a new product called mix.com.
00:00 - 02:30 (02:30)
Summary
The interview with the founder of Mix.com covers the importance of organization and automation, as well as his plans for relaunching StumbleUpon as a new product called mix.com.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The speaker discusses the importance of finding a specific niche in business through creative naming and specialization.
02:30 - 06:26 (03:56)
Summary
The speaker discusses the importance of finding a specific niche in business through creative naming and specialization. The example of building a Formula One track in a community is used as an illustration.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
In response to the COVID-19 pandemic, there is an opportunity to create support communities that bring people together to earn, learn, or socialize.
06:26 - 10:08 (03:41)
Summary
In response to the COVID-19 pandemic, there is an opportunity to create support communities that bring people together to earn, learn, or socialize. Examples include apps like Wattpad and opportunities to bundle reservations and sublets similar to Airbnb.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The success of products and services for gaming communities greatly depends on resonating with the interests of the community, as seen in the case of Discord.
10:08 - 14:04 (03:56)
Summary
The success of products and services for gaming communities greatly depends on resonating with the interests of the community, as seen in the case of Discord. A brand that feels like it is a part of the community is likely to succeed.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The speaker talks about the importance of taking a holistic approach to health and fitness, which includes factors like flexibility and longevity, rather than just building big muscles.
14:04 - 19:33 (05:29)
Summary
The speaker talks about the importance of taking a holistic approach to health and fitness, which includes factors like flexibility and longevity, rather than just building big muscles. The focus is on overall well-being and fitness, rather than just aesthetic goals.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The speaker discusses the potential for using social media platforms, like Reddit, to promote and grow your business.
19:34 - 27:08 (07:34)
Summary
The speaker discusses the potential for using social media platforms, like Reddit, to promote and grow your business. He emphasizes the importance of taking advantage of the various communities within these platforms.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The speaker discusses using Notion as a tool for managing employee equity based on contributions and rankings, citing the lack of a great solution for this problem and the difficulty of home-cooking equity management solutions.
27:08 - 33:34 (06:25)
Summary
The speaker discusses using Notion as a tool for managing employee equity based on contributions and rankings, citing the lack of a great solution for this problem and the difficulty of home-cooking equity management solutions.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The Publishers Clearing House Sweepstakes started as a magazine publisher's giveaway and became popular in the 80s and 90s when they showed up at people's homes with a big fat check.
33:34 - 35:45 (02:10)
Summary
The Publishers Clearing House Sweepstakes started as a magazine publisher's giveaway and became popular in the 80s and 90s when they showed up at people's homes with a big fat check.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The speaker talks about a technique to increase the average order value of a customer by introducing a little game of chance and applying slot machines to everything.
35:45 - 38:34 (02:48)
Summary
The speaker talks about a technique to increase the average order value of a customer by introducing a little game of chance and applying slot machines to everything.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The feeling of winning a jumbo check is embedded in our brains as a symbol of success from childhood, as well as the experience of watching TV shows that promise a grand prize.
38:34 - 43:17 (04:43)
Summary
The feeling of winning a jumbo check is embedded in our brains as a symbol of success from childhood, as well as the experience of watching TV shows that promise a grand prize. The design of exclusive boxes, such as those from brands like Louis Vuitton and Nike, also generate a strong emotional attachment to the product.
Episode#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit
PodcastMy First Million
The podcast host suggests tweeting ideas for subreddit to Greg.
43:17 - 44:56 (01:38)
Summary
The podcast host suggests tweeting ideas for subreddit to Greg.