How to Make Millions With a Modern Day Infomercial | My First Million #221
My First Million
•September 23rd, 2021
DESCRIPTION
No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd
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In this episode Shaan (@ShaanVP) and Sam (@theSamParr) break down a 30-year-old infomerical and they discuss the modern day approach that can make you millions. They also talk about businesses built around trust, professional certifications, and what investors Shaan would call first if he was raising. You'll also meet a serial entrepreneur who is this weeks' Internet Founder of the Week.
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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.
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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/YGkGx4M7
🎙️: Download Our Podcast: https://link.chtbl.com/kZZe56fN
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.
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* Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/
* Support the pod by spreading the word, become a referrer here: https://refer.fm/million
* Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
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Show notes:
* (0:00) Meet a future guest
* (3:57) Building a business around trust
* (8:40) The problem with content businesses
* (11:47) Subscription opportunities for content based businesses
* (17:51) Trust as a service businesses
* (22:22) Someone got a little blue checkmark
* (24:38) The health department score is BS
* (27:57) Klout reimagined
* (30:36) Thoughts on professional certifications
* (32:45) Meet Matt Mickiewicz
* (40:28) Guthy-Renker - direct marketing masters
* (51:25) The modern day infomercial
* (57:36) The first five investors Shaan would call
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