How A YouTube Car Reviewer Sold His Company For $80M | Doug DeMuro (#456)

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Episode 456: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) talk to Doug DeMuro (https://twitter.com/DougDeMuro) founder and creator of the popular YouTube channel Cars and Bids, about selling the majority of his company for $40 Milllion, competitors, and more. — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch ----- Links: * Cars and Bids - https://carsandbids.com/ * Cars and Bids YouTube - https://www.youtube.com/channel/UCsqjHFMB_JYTaEnf_vmTNqg * Exotic Car Hacks - https://www.exoticcarhacks.com/ * DrDisRespect - https://www.youtube.com/channel/UCcJL2ld6kxy_nuV1u7PVQ0g * WhistlinDiesel - https://www.youtube.com/@whistlindiesel 📧: Sign up for The Hustle Daily Newsletter: https://mfmpod.link/xon 🎙️: Download Our Podcast: https://link.chtbl.com/Xq6lWi3m A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ------ Show Notes: (00:00) - Intro (00:18) - Intro to Doug (03:13) - The key to building trust (07:50) - When was the turning point for your channel? (14:26) - Why did you think you could beat Bring A Trailer? (16:31) - How creator business partnerships work (27:07) - How does your brand change as you gain wealth? (47:37) - How does it feel to be wealthy? (52:11) - Doug's feud with Car Dealer Guy (01:08:04) - Will Doug ever fly private? (01:09:38) - Sam gets flustered by Doug ----- For more quality videos subscribe here ➡https://www.youtube.com/channel/UCyaN6mg5u8Cjy2ZI4ikWaug?sub_confirmation=1 🔔 Turn on notifications to stay updated with new uploads #shorts #youtubeshorts Like || Share || Subscribe