How to Make Billions with a DTC Niche Clothing Line | My First Million #219

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - In this episode Shaan (@ShaanVP) reveals the creation of the first My First Million NFT. Sam (@theSamParr) and Shaan also talk about Laird Hamilton's Superfood company, whether people should lie more, and they share their reactions to an recent twitter thread. They close out the episode with ideas around other niches Figs could work for, opportunities with crypto conferences, and in creating retreats. --------- * The MFM NFT - https://bit.ly/MFM-NFT * Stripe for Vice - https://twitter.com/mrskylor/status/1437182707675504640 * 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. — 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 --------- Show notes: * (0:00) Laird Hamilton's publicly traded company * (4:36) The battery theory * (8:49) The MFM NFT * (12:40) The Stripe for vice story * (18:32) Should people lie more? * (22:04) Figs for construction * (33:04) Meet George Barber * (34:36) Meow Wolf for immersive experiences * (38:35) Two bit circus * (41:38) The big opportunities with crypto conferences * (44:51) Event & retreat opportunities * (49:00) What success can look like in VC ----- 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