#192 - Making Billions with Greeting Cards, How the FBI Took Down Thousands of Criminals, & Rich People (not) Paying Taxes

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 18 June 2021

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Shaan (@ShaanVP) and Sam (@TheSamParr) break down the greeting card industry. They talk about digital cards and the staying power of card subscriptions, a new way to send gifts over social, and Shaan shares a story about his roots as a business operator. They discuss a subscription business for expecting mothers and Shaan shares an interesting story about the FBI. The end of the episode they talk about a little known Billy of the week. --------- * 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: * (1:23) Recap of episode * (2:54) Making billions with greeting cards * (5:46) Segue: how the podcast changed Shaan's brain * (8:51) Back to greeting cards * (9:56) Making millions for decades at birthdayalarm.com * (15:54) Givingli & Hooked * (18:39) Thoughts on the Pro Republic article * (25:28) The subscription for expecting mothers * (34:20) Outpacing the S&P with the anti-Galloway Index * (37:33) The secret FBI crackdown on criminals * (40:51) The growth of privacy focused apps * (43:20) Recapping the genius of Mike Maples * (48:35) Technology at Chick-fil-a * (54:53) McKinsey for tech consulting * (56:55) Consensys * (59:27) The Gordon Bombay of crypto * (1:04:19) The hypothetical invisible medium that permeates the universe

Transcript

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0:00.0	I think that you've said a lot of amazing stuff for the past two years.
0:03.4	I think what you just said right there actually might be one of the most valuable rants
0:07.4	in terms of just money that you've ever said.
0:10.0	Yeah.
0:11.0	I feel like I can rule the world and know I could be what I want to put my all in it like
0:18.2	no days on.
0:19.2	On a road let's travel never looking back.
0:22.5	What's up?
0:23.5	It's me Sean and Sam the vanilla gorilla.
0:26.4	All right, we have a good episode today Sean just said he thought this was an amazing
0:30.7	episode.
0:31.7	We talked about a lot of different stuff.
0:32.9	You have a list.
0:33.9	What do we talk about?
0:34.9	We talked about the surprisingly big business of greeting cards and e-cards.
0:39.8	We talked about the crazy Chick-fil-A tech stack and some ideas around that and creating
0:45.2	a consulting company around that.
0:47.4	We talked about this crazy FBI takedown where the FBI basically tricked thousands and thousands
0:52.4	of criminals with a pretty genius app.
0:56.0	What else?
0:57.0	You did a good bump boxes breakdown and a guy who's built a business that sells subscription
1:02.5	boxes to pregnant women and their babies and it's like $40 million a year.
	...

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