#189 - Second-hand E-commerce, Door-to-door Sales, and Live Show Recaps

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 9 June 2021

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam (@theSamParr) & Shaan (@ShaanVP) discuss second-hand e-commerce, door-to-door sales, and business poised to bounce back after COVID in this episode. They start off the episode recapping the live shows in Miami and Austin which leads them into personal travel and other slingshot business set to rebound after a COVID slump. The guys transition to the Mayweather Paul fight, the infamous Charizard necklace, and to some exciting things happening in the NFT space. They close it out with Shaan sharing ideas on litigation finance, second-hand e-commerce, and a fantastic story on door-to-door sales. --------- * 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. --------- Show notes: * (1:16) - Episode Overview * (2:31) - Intro * (5:44) - Recap of Live Shows * (6:55) - Personal travel is crazy right now * (10:10) - Sam & Shaan on slingshot startups * (20:26) - How sports are innovating * (23:09) - Floyd Mayweather vs. Logan Paul * (25:27) - The Charizard Necklace * (27:18) - LaMelo Ball’s NFT collection * (33:55) - What is Ether.Cards * (41:52) - Peter Thiel and litigation finance * (50:22) - Second-hand e-commerce * (1:00:42) - Mega-segment on door-to-door sales * (1:20:11) - Outro

Transcript

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0:00.0	This is why I know my landing pages. I always ask for email first.
0:15.4	What's up? We're back from Miami and we got a new nickname. I am Sean Fury. He is the vanilla
0:21.6	gorilla and we are back. We had to wing it this episode because we had a guest cancel last
0:27.3	minute. I thought I think it turned out pretty good. Sam, what do we talk about?
0:30.0	Yeah, so this episode actually turned out, I think, to be one of my favorite in a long time.
0:35.2	We probably discussed maybe 20 or 30 ideas. The ideas start about halfway through but we have
0:41.8	a bunch of interesting ideas that are scattered throughout. So a few things that we've discussed.
0:46.6	So businesses that we've both invested in recently, including an event business, we've talked
0:51.4	about Slingshot ideas. So Slingshot ideas that are ideas that have been kind of under the
0:57.0	radar because of COVID. But now that there's a lot of pent up demand for events, for interaction,
1:01.4	things like that. These are going to be Slingshot. Is that the right word? Slingshot. Slingshooded.
1:06.4	Back into popularity. We talked about litigation's finance. So basically there's a whole bunch of
1:10.1	people that will finance lawsuits and then take a cut in the winning settlement. Kind of
1:16.2	interesting. We've talked about secondhand stores. Shockingly, that's actually, it seems like a huge
1:20.2	idea. And then finally, we wrapped up with one of the best Sean stories I've ever heard where we
1:23.6	talked about door to door sales. Trust me, it's going to leave you fired up. It's in the last
1:27.4	15 minutes. It's awesome. We were supposed to have Bill Smith from Hello Landing on. I got email
1:33.9	from his PR team literally 60 seconds before we were supposed to hit record saying he's not going
1:39.1	to make it. I don't know what we're going to do today. I'm so angry about that. Oh my gosh, I'm
1:45.0	frustrated. I got to give you credit. You you replied back to the email to the PR person. The PR
1:50.8	person 60 seconds before the podcast is supposed to record. We're in the sound room, a green room,
1:55.9	getting sound check. And it's like, hey folks, sorry, not going to be able to make it today.
	...

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