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My First Million

5 Internet Goldmines To Spot The Next $1B Trend | Steph Smith

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 11 December 2023

⏱️ 66 minutes

🧾️ Download transcript

Summary

Episode 529: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Steph Smith about the 5 Internet goldmines she uses to spot $1b dollar trends before anyone else. No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd — Show Notes: (0:00) Intro (1:30) Leveraging expiring patents (9:00) One chart sports (14:00) Mining Sci-Fi for IRL ideas (20:00) Spotting the mega trends (36:30) Building off of adjacent waves (47:30) Workshopping Steph's upcoming launch strategy — Links: • Internet Pipes - https://internetpipes.com/ • Blue Chew - https://bluechew.com/ • Sci-Fi Idea Bank - https://tinyurl.com/e3w5nfrd • SFIA - https://sfia.org/research/ • Our World in Data - https://ourworldindata.org/charts • Varda - https://www.varda.com/ • Gadget Flow - https://thegadgetflow.com/ • Dyson Zone - https://www.dyson.com/headphones/zone • Berkey Water Filter - https://www.usaberkeyfilters.com/ — Check Out Shaan's Stuff: • Try Shepherd Out - https://www.supportshepherd.com/ • Free 2024 Goal-Setting Session - https://planfor2024.com/ • Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant • Power Writing Course - https://maven.com/generalist/writing • Small Boy Newsletter - https://smallboy.co/ • Daily Newsletter - https://www.shaanpuri.com/ Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com/ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. — Other episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Transcript

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0:00.0

Dude, I was at a dinner and somebody said something as a joke and I put up my finger to my lips and I said shh I need to write this down because it was an incredible idea.

0:11.0

The guy goes, you put your finger on his lips and then my own lips.

0:17.0

And I was like, say no more. I need to, don't, I don't want to lose this idea,

0:22.4

let me write this down.

0:23.2

I feel like I can rule the world I know I could be what I want to

0:27.7

I put my all in it like no day's all

0:30.8

on the road let's try to talk us through a bunch of research products that you use

0:36.3

a bunch of a bunch of pipes you call them right? Yeah internet pipes. I called it

0:40.9

research tools you said that was dumb. Well it just sounds boring it's more accurate but it's boring I call them gold mines which is basically

0:47.3

Some people just come back and show you a little piece of gold maybe a jewelry

0:50.6

Steph shows you where the mine is so you can just keep going back to the mine for more

0:54.7

and more gold over time because I think people wonder you know if they see your

0:58.4

tweets or read your blog post or hear you on our podcast, they're like,

1:02.6

where does she come up with this stuff?

1:03.8

How does she find this stuff?

1:05.1

So today, you're gonna tell us exactly that?

1:07.8

Yeah, yeah, exactly.

1:08.6

I think the internet is such a special thing

1:11.6

and we often rely on something like Twitter to service the

1:14.7

information of the day but I feel like these tools are like like you said the gold

1:18.8

nine there's so much information that tells you exactly what people want or aggregates a bunch of opportunities for you.

1:26.3

So, all right everyone a quick break.

...

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