Episode
#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
1:26:44
Published: Fri Jan 08 2021
Description
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - Is Sam Parr Time Person of the Year? - Jeremy introduces himself - Idea: subscription box for bread (and the millions in subscription boxes) - The big business of selling to middle America (aspirational branding) - Boring DTC products that crush it - Ideas for niche software (ex: trust fund SaaS) - Huge homeschooling opportunities - Millions to be made creating products for influencers - How one guy took a local brand national - Why cold chain storage is booming Thank you to our sponsor this episode, Flatfile! Spend less time on Excel and more time building your business by easily importing data using Flatfile. Check them out at flatfile.io/hustle. 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. Editing thanks to Jonathan Gallegos (@jjonthan) See acast.com/privacy for privacy and opt-out information.
Chapters
Companies in the finance industry are cutting back on their CRM software bills, opting for more efficient and cost-effective options to automate tasks, keep track of information, and improve customer service.
00:00 - 02:13 (02:13)
Summary
Companies in the finance industry are cutting back on their CRM software bills, opting for more efficient and cost-effective options to automate tasks, keep track of information, and improve customer service.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The speaker describes the office of a startup, which includes artwork, a vintage Mac computer, and a ping pong table on the second floor.
02:13 - 05:06 (02:52)
Summary
The speaker describes the office of a startup, which includes artwork, a vintage Mac computer, and a ping pong table on the second floor.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
Italic's founder, Jeremy Cai, suggests that to build a successful e-commerce brand, the key is not to start in one category and then try to expand.
05:06 - 11:42 (06:35)
Summary
Italic's founder, Jeremy Cai, suggests that to build a successful e-commerce brand, the key is not to start in one category and then try to expand. Instead, focus on a unique or innovative idea, be authentic, and don't be afraid to take risks.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The podcast features discussions on innovative business ideas and products, including debunking the negative reputation of subscription box companies like Blue Apron.
11:42 - 15:49 (04:06)
Summary
The podcast features discussions on innovative business ideas and products, including debunking the negative reputation of subscription box companies like Blue Apron.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The podcast discusses lesser-known brands in the beauty industry that have been overlooked by venture investors despite their better run rates compared to more popular brands like Glossier.
15:49 - 23:33 (07:44)
Summary
The podcast discusses lesser-known brands in the beauty industry that have been overlooked by venture investors despite their better run rates compared to more popular brands like Glossier. They also explore the concept of selling value and building aspirational communities.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The key to selling products is understanding your target audience and their needs.
23:33 - 27:01 (03:28)
Summary
The key to selling products is understanding your target audience and their needs. Pitching something that doesn't align with their values or budget will most likely result in no sale.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The guest speaker suggests that reinforcing the scarcity of a product, to an active audience, through repeated launches, is a great strategy for promoting tech businesses and generating attention among consumers.
27:02 - 30:26 (03:24)
Summary
The guest speaker suggests that reinforcing the scarcity of a product, to an active audience, through repeated launches, is a great strategy for promoting tech businesses and generating attention among consumers.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The A to B process is essential for niche businesses to succeed as small ventures have great potential.
30:26 - 37:35 (07:09)
Summary
The A to B process is essential for niche businesses to succeed as small ventures have great potential. Founders must be careful to make sure that their business does not fall into autopilot like Clerky.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
A man frustrated with homeschooling his child during the pandemic founded a company, filtering for teachers with big personalities, to engage students through creative online classes with special effects and interesting content.
37:35 - 43:01 (05:25)
Summary
A man frustrated with homeschooling his child during the pandemic founded a company, filtering for teachers with big personalities, to engage students through creative online classes with special effects and interesting content.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
This podcast episode discusses how brands can maximize profit margins for factories by offering a 50/50 revenue split and how most influencer collaborations do not result in increasing sales.
43:02 - 51:48 (08:46)
Summary
This podcast episode discusses how brands can maximize profit margins for factories by offering a 50/50 revenue split and how most influencer collaborations do not result in increasing sales.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The podcast discusses the potential of merchandising beyond T-shirts, skincare, and other standard products, exploring ideas such as e-commerce, golden ticket sales, and more unique ideas that could help achieve greater success for businesses.
51:49 - 56:40 (04:51)
Summary
The podcast discusses the potential of merchandising beyond T-shirts, skincare, and other standard products, exploring ideas such as e-commerce, golden ticket sales, and more unique ideas that could help achieve greater success for businesses.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
This transcript fragment contains a conversation with a lot of filler words and repetitive phrases, making it difficult to extract meaningful information.
56:40 - 1:02:15 (05:34)
Summary
This transcript fragment contains a conversation with a lot of filler words and repetitive phrases, making it difficult to extract meaningful information.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The speaker reflects on how the market has changed in terms of fundraising, particularly in the Chicago area, and how prior narratives may no longer hold true.
1:02:15 - 1:07:27 (05:12)
Summary
The speaker reflects on how the market has changed in terms of fundraising, particularly in the Chicago area, and how prior narratives may no longer hold true.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
It's becoming harder to build durable and successful brands, with technologies and innovations that are emerging in the market.
1:07:27 - 1:10:59 (03:31)
Summary
It's becoming harder to build durable and successful brands, with technologies and innovations that are emerging in the market. Cold chain logistics and being a manufacturing plant building for multiple brands are becoming more valuable to creating successful businesses today.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The speaker discusses the potential for managed marketplaces in the areas of financing and third-party logistics, using examples such as Airhouse, Flex, and FlowSpace.
1:10:59 - 1:15:15 (04:16)
Summary
The speaker discusses the potential for managed marketplaces in the areas of financing and third-party logistics, using examples such as Airhouse, Flex, and FlowSpace. They also examine how Uber provides a blueprint for a successful modern managed marketplace.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The speaker identifies a gap in the market for technology in local agriculture, citing current examples including community buyers and the potential for standardized robots to support crop spraying.
1:15:16 - 1:23:12 (07:55)
Summary
The speaker identifies a gap in the market for technology in local agriculture, citing current examples including community buyers and the potential for standardized robots to support crop spraying.
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The commercial farming industry is a massive opportunity for business applications and is comparable to the trucking industry in terms of size.
1:23:12 - 1:26:41 (03:29)
Summary
The commercial farming industry is a massive opportunity for business applications and is comparable to the trucking industry in terms of size.