Episode
#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
1:27:44
Published: Wed Jan 20 2021
Description
Shaan Puri (@ShaanVP) and Suleman "Suli" Ali (@sulemanali) discuss: - Creating a reputation database for people - Voluntarily selling your data to companies - Dealing with scammers - Creating a publically available org chart - A new religion that celebrates life instead of death and the new in-vogue churches - Sharing assets among friends. Example: together.casa - Creating the “Stripe for vices” - Suli answers: How would you make a million bucks quickly? If you look at your calendar for the past 30 days, who was the most interesting person or company you met with? Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! 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
This episode covers various FinTech ideas like shared ownership of assets, co-living spaces, starting new banks, and more.
00:00 - 02:54 (02:54)
Summary
This episode covers various FinTech ideas like shared ownership of assets, co-living spaces, starting new banks, and more. Fun questions were asked like who was the most interesting person on the calendar and ways to make a million bucks this year.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The episode discusses various half-baked business and startup ideas, including an ex-boyfriend raider app where people can leave negative reviews about their former partners.
02:54 - 06:05 (03:10)
Summary
The episode discusses various half-baked business and startup ideas, including an ex-boyfriend raider app where people can leave negative reviews about their former partners.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
This episode explores the idea of creating a public-facing wallet for selling your data, similar to donating blood or selling sperm, allowing users to voluntarily offer their data.
06:05 - 10:31 (04:26)
Summary
This episode explores the idea of creating a public-facing wallet for selling your data, similar to donating blood or selling sperm, allowing users to voluntarily offer their data. The conversation touches on the potential ratios of users who would participate, and the appeal of privacy-oriented apps such as Signal.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The podcast hosts discuss the ethics of influencer marketing and how even if they knew someone had committed fraud, they would still want to have conversations with interesting people.
10:31 - 13:45 (03:13)
Summary
The podcast hosts discuss the ethics of influencer marketing and how even if they knew someone had committed fraud, they would still want to have conversations with interesting people. They also discuss the idea that brands should be treating influencers like VIPs in certain categories.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The host talks about his experience in dealing with individuals with a scandal or controversy and how it could affect business decisions.
13:45 - 16:25 (02:39)
Summary
The host talks about his experience in dealing with individuals with a scandal or controversy and how it could affect business decisions.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
This episode discusses the importance of maintaining professional and personal boundaries, and how blurring those lines can lead to unhealthy and potentially damaging relationships.
16:25 - 20:47 (04:22)
Summary
This episode discusses the importance of maintaining professional and personal boundaries, and how blurring those lines can lead to unhealthy and potentially damaging relationships.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The speaker notes that when someone does something in a life that is different than the way most people live or think, it is a valuable dataset to have, which can solve the LinkedIn problem of biz dev with the specific datasets of people and their emails.
20:47 - 26:49 (06:01)
Summary
The speaker notes that when someone does something in a life that is different than the way most people live or think, it is a valuable dataset to have, which can solve the LinkedIn problem of biz dev with the specific datasets of people and their emails. The speaker suggests learning to listen, and understanding who people are at other companies, as well as tech news websites that often publish hierarchies of companies’ staff.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
In this podcast episode, the guest talks about how her life improved by paying back her loans and how financial literacy can benefit people beyond making financial decisions.
26:49 - 30:40 (03:50)
Summary
In this podcast episode, the guest talks about how her life improved by paying back her loans and how financial literacy can benefit people beyond making financial decisions. Additionally, they discuss religion and how it can be perceived as indoctrination.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The speaker believes that as we move forward, there will be a movement that puts more emphasis on life than death and that there will be a shift away from traditional religions.
30:40 - 34:54 (04:13)
Summary
The speaker believes that as we move forward, there will be a movement that puts more emphasis on life than death and that there will be a shift away from traditional religions.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The future of religion involves an open source, decentralized system where people can fork it and store value in new assets, similar to how cryptocurrency is used today.
34:54 - 42:09 (07:15)
Summary
The future of religion involves an open source, decentralized system where people can fork it and store value in new assets, similar to how cryptocurrency is used today. The leaders will also dress casually, like Supreme streetwear style pastors.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The concept of a religion can expand the concept and potential impact of a business, particularly in terms of creating a strong sense of community.
42:09 - 47:29 (05:20)
Summary
The concept of a religion can expand the concept and potential impact of a business, particularly in terms of creating a strong sense of community. Building a business with the intention of creating a community of people who feel a sense of belonging and togetherness holds transformational possibilities.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The speaker discusses a billionaire's desire for a campus and dorm experience and how his girlfriend brought new requirements and costs he wasn't used to.
47:29 - 51:14 (03:44)
Summary
The speaker discusses a billionaire's desire for a campus and dorm experience and how his girlfriend brought new requirements and costs he wasn't used to.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
College offers a unique opportunity to explore different interests and find one's identity, while also providing a fast-paced environment for experimentation.
51:14 - 56:31 (05:17)
Summary
College offers a unique opportunity to explore different interests and find one's identity, while also providing a fast-paced environment for experimentation. Additionally, the podcast host discusses the concept of FinTech and the potential for innovative and groundbreaking ideas within the industry.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The success of Superhuman in transforming email management has led to potential for expansion into other tools and industries, including those with high charge rates and illicit content, making it a lucrative business for enterprise adoption.
56:31 - 1:02:08 (05:36)
Summary
The success of Superhuman in transforming email management has led to potential for expansion into other tools and industries, including those with high charge rates and illicit content, making it a lucrative business for enterprise adoption.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The tiny home trend is comparable to the emergence of reality TV in the entertainment industry.
1:02:09 - 1:08:34 (06:25)
Summary
The tiny home trend is comparable to the emergence of reality TV in the entertainment industry. They both challenge the traditional and offer a new perspective and alternative.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
In order to find success in investing and business, it's important to look for individuals who are the top one percent in a very specific and narrow field, with a decade of specialization in that area, in order to stay ahead of the competition.
1:08:34 - 1:16:22 (07:48)
Summary
In order to find success in investing and business, it's important to look for individuals who are the top one percent in a very specific and narrow field, with a decade of specialization in that area, in order to stay ahead of the competition.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
Emily Leproust's heroic journey in the field of DNA synthesis was a lost decade of bootstrapping and determination that created a new vaccine and multi-billion dollar companies.
1:16:22 - 1:20:46 (04:23)
Summary
Emily Leproust's heroic journey in the field of DNA synthesis was a lost decade of bootstrapping and determination that created a new vaccine and multi-billion dollar companies.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The ability to connect dots that others haven't, and seizing simple opportunities can lead to various solutions entrepreneurs can explore, as opposed to being confined to a single solution.
1:20:46 - 1:25:59 (05:12)
Summary
The ability to connect dots that others haven't, and seizing simple opportunities can lead to various solutions entrepreneurs can explore, as opposed to being confined to a single solution. Possessing the entrepreneurial mindset has made all the difference for the speaker, who has experienced significant changes in his career.
Episode#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
PodcastMy First Million
The ability to connect the dots and make accurate predictions comes with experience, time and an open mind that is constantly looking for connections.
1:25:59 - 1:26:36 (00:37)
Summary
The ability to connect the dots and make accurate predictions comes with experience, time and an open mind that is constantly looking for connections. The development of business acumen is a journey that requires consistent effort and intentional pursuit.