Episode

#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
Description
Sam Parr (@TheSamParr) and Trung Phan (@TrungTPhan) discuss: - How the HubSpot/The Hustle deal came about? - Why did Sam decide to sell? - What will be Sam's biggest purchase now that he's sold? - What will change with The Hustle and MFM going forward? - Trung brings some massive opportunities: financial engineering for good, improving the lives of prisoners and the big potential of paid Twitter Articles mentioned: - https://thehustle.co/he-was-facing-life-in-prison-now-hes-the-ceo-of-the-instagram-for-the-incarcerated/ - https://thehustle.co/how-one-man-went-from-a-life-prison-sentence-to-a-100k-engineering-job/ Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! 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
HubSpot CRM is a one-stop shop with all the necessary tools to automate tasks, keep track of contact info and deals, and access data to better serve customers and reach your goals.
00:00 - 01:05 (01:05)
Summary
HubSpot CRM is a one-stop shop with all the necessary tools to automate tasks, keep track of contact info and deals, and access data to better serve customers and reach your goals. It is a free and easy-to-use CRM platform that has become the modern choice for many growing businesses.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
The hosts discuss some limitations on what they can and cannot publicly discuss since their podcast was acquired by a public company.
01:05 - 04:05 (03:00)
Summary
The hosts discuss some limitations on what they can and cannot publicly discuss since their podcast was acquired by a public company. They also mention a private group for their listeners where anonymous discussions take place.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
In this episode, the speaker discusses her experience at Gawker and her insight into why the company's acquisitions failed.
04:05 - 06:56 (02:51)
Summary
In this episode, the speaker discusses her experience at Gawker and her insight into why the company's acquisitions failed. She also talks about the flawed approach of media companies towards buying smaller businesses to save themselves.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
The founders of HubSpot, Brian Halligan and Dharmesh Shah, explain how they revolutionized inbound marketing and grew their business to 90,000 customers.
06:56 - 12:50 (05:54)
Summary
The founders of HubSpot, Brian Halligan and Dharmesh Shah, explain how they revolutionized inbound marketing and grew their business to 90,000 customers.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Hiring a CEO can relieve the responsibility of traditional managing stuff and allow for more time and focus on moon shot ideas, while also bringing expertise to the company.
12:50 - 18:13 (05:22)
Summary
Hiring a CEO can relieve the responsibility of traditional managing stuff and allow for more time and focus on moon shot ideas, while also bringing expertise to the company.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
The podcast faced criticism after an advertiser pulled out due to controversial content.
18:13 - 21:34 (03:21)
Summary
The podcast faced criticism after an advertiser pulled out due to controversial content. The podcast team plans to hire professionals to improve their work.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Goldman Sachs financial instrument helped a scientist in biotech industry to reduce his debt and invest in a 5% chance of getting a 20 billion dollar blockbuster drug in a revolutionary way that combined financial engineering into biotech industry.
21:34 - 25:49 (04:15)
Summary
Goldman Sachs financial instrument helped a scientist in biotech industry to reduce his debt and invest in a 5% chance of getting a 20 billion dollar blockbuster drug in a revolutionary way that combined financial engineering into biotech industry.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
This episode discusses a new funding model for biotech startups that attracts money from conservative investors and de-risks the investment.
25:49 - 29:06 (03:16)
Summary
This episode discusses a new funding model for biotech startups that attracts money from conservative investors and de-risks the investment. The host discusses how this model allows for bigger investments from a wider range of investors, potentially leading to more innovation in the industry.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Flick Shop allows people to send postcards to prisoners that have images and text, instead of sending images between phones.
29:06 - 32:08 (03:01)
Summary
Flick Shop allows people to send postcards to prisoners that have images and text, instead of sending images between phones. It’s also used by corporations to send job opportunities and ideas.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
The speaker expresses their fascination with prison TV shows and the reputation of San Quentin, where a program boasts a zero percent recidivism rate over the past decade.
32:08 - 34:46 (02:38)
Summary
The speaker expresses their fascination with prison TV shows and the reputation of San Quentin, where a program boasts a zero percent recidivism rate over the past decade.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
The speaker highlights that private equity companies have prepaid cell phones and are often comprised of men who have done bad things in the past.
34:47 - 37:15 (02:28)
Summary
The speaker highlights that private equity companies have prepaid cell phones and are often comprised of men who have done bad things in the past. He also discusses the massive number of people impacted by the prison industrial complex and how he wants to create a business to address the issue.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Tweet Deck offers pro features like more customization for your profile and the option to undo sends.
37:15 - 40:51 (03:36)
Summary
Tweet Deck offers pro features like more customization for your profile and the option to undo sends. These features can be useful for following stock gurus who tweet their daily stock purchases.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Twitter Co-Founder Evan Williams discusses the importance of removing friction and simplifying payments for businesses to increase user engagement, as well as the role of innovation in company leadership.
40:51 - 42:54 (02:03)
Summary
Twitter Co-Founder Evan Williams discusses the importance of removing friction and simplifying payments for businesses to increase user engagement, as well as the role of innovation in company leadership.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
The podcast introduces a new guest, Trung T fan, and provides his Twitter handle for the audience to engage with him.
42:54 - 43:24 (00:30)
Summary
The podcast introduces a new guest, Trung T fan, and provides his Twitter handle for the audience to engage with him.