The $5M Question, The Company You Would Build If You Had the Time, VR Therapy, and More

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) discuss the business model of touring and creating live shows, how Andrew Lloyd Webber became a billionaire, what they would do if they knew they would make $5M no matter what, EMF protected pants, 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: 📧: Sign up for The Hustle Daily Newsletter: https://link.chtbl.com/L1mMlh8O 🎙️: Download Our Podcast: https://link.chtbl.com/TGuRW-Tt 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. _____ * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact bwilson@hubspot.com _____ Show Notes: (00:00) - Sam threw up at a waterpark (02:55) - YouTube creators for kids (09:50) - The business model of touring (18:20) - Creating a Y Combinator of content (22:12) - The company you would build if you had the energy and the time (25:30) - Starting a company based on who you want to employ (31:15) - VR therapy (36:30) - What would you do with $5M per year? (41:30) - Sending gifts internationally to business partners (55:20) - The man pretending to be Satoshi ----- Check out our website for more business ideas: https://mfmpod.link/i1z Subscribe to the podcast if you’d like to listen instead: https://mfmpod.link/1tv