4 dumb ideas that made people rich
My First Million episode 788, in which Sam Parr and Shaan Puri talk about simple businesses that made a million dollars, starting with team-specific novelty foam hats that they say took off at sports games and reached about 10,000 orders in a week. Shaan says being clever and doing simple things is actually a form of genius. The hosts also discuss a star registry business, a ten-hour fireplace video, and the story of a founder who made an anniversary and birthday reminder site after realizing nobody wanted his first idea but they did seem to want this. Shaan then argues that getting bored of what gets great results is a real problem, using a coaching example, and the show closes with a Billy of the Week on a supermarket baron, a segment on the billionaire tax, and a story about taking his son courtside. Sponsor named in the description: HubSpot and its side hustle idea list. PARTIAL COVERAGE: this note draws on the opening, the birthday alarm story, the do not get bored of greatness section and the closing, and may miss parts of the roughly 64 minute video. Sales figures and business histories are the hosts' own claims and not independently checked. Nothing here is financial, investment, political or legal advice.
Executive Summary (TL;DR)
My First Million episode 788, in which Sam Parr and Shaan Puri talk about simple businesses that made a million dollars, starting with team-specific novelty foam hats that they say took off at sports games and reached about 10,000 orders in a week. Shaan says being clever and doing simple things is actually a form of genius. The hosts also discuss a star registry business, a ten-hour fireplace video, and the story of a founder who made an anniversary and birthday reminder site after realizing nobody wanted his first idea but they did seem to want this. Shaan then argues that getting bored of what gets great results is a real problem, using a coaching example, and the show closes with a Billy of the Week on a supermarket baron, a segment on the billionaire tax, and a story about taking his son courtside. Sponsor named in the description: HubSpot and its side hustle idea list. PARTIAL COVERAGE: this note draws on the opening, the birthday alarm story, the do not get bored of greatness section and the closing, and may miss parts of the roughly 64 minute video. Sales figures and business histories are the hosts' own claims and not independently checked. Nothing here is financial, investment, political or legal advice.