#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 29 February 2020

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam (@thesamparr) is back from his New York trip to chat with Shaan (@shaanvp) about ideas, trends and businesses. Today, mid-way through we're joined by Julia Cheek (@JuliaTCheek) who is the CEO and Co-Founder of $50M backed EverlyWell, a digital health startup providing at-home medical testing kits and redesigned lab results - which did $40m in sales last year. Topics for today: Sam's time in New York (2:05), Preparing for podcasting and interviews (5:22), Meetup at Sam's Airbnb (8:47), Reality 2020: Shaan's upcoming trip to Israel (12:20), Their thoughts on Corona Virus situation (15:12), Transparent numbers in a business (24:27), New fintech platforms like Pipe.com (32:17), Julia Cheek joins the pod (38:00), Julia's background at Harvard and starting her company (40:20), Her experience on Shark Tank (44:41), How rich are the sharks? (51:31), How much traffic did she get from being on the show (52:56), How her business works (56:10), Sam thinks food allergy testing is BS (58:02), Sexual health is a massive opportunity (1:00:17), Her best customer acquisition channels (1:02:18), Bootstrapping businesses (1:04:12), Turning her idea into reality (1:07:36), Price transparency is the next big thing in healthcare & Insurance (1:12:28), HR Systems (1:16:11) and Stay at home tests (1:17:35). See acast.com/privacy for privacy and opt-out information.

Transcript

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0:00.0	All right, there's this amazing book called Getting Everything You Can Out Of All You've Got.
0:04.9	I read it a few years ago and it changed my life.
0:07.8	And the reason I loved it was because it basically talks about how to get and make more money
0:12.7	using things that you already have.
0:15.1	Coincidentally, today's podcast is brought to you by Business Made Simple.
0:19.6	It's a podcast by Donald Miller, who I'm going to tell you about in a second, but he has
0:23.3	this amazing episode that's all related to this book and the things that I learned in this
0:26.9	book.
0:27.9	It's called How to Make Money With What You Already Have.
0:29.4	It's an incredible episode.
0:30.9	It talks about all the stuff that I learned in this book.
0:33.2	The host is Donald Miller.
0:34.7	I didn't know who Donald Miller was up until recently, but over the last 12 months, this
0:37.9	is totally by coincidence.
0:38.9	There was all separate people.
0:40.2	They said you have to check out Donald Miller.
0:42.0	He's amazing.
0:43.0	So I'm happy that he's part of Howspot's Podcast Network.
0:45.5	You can check it out.
0:46.5	Business Made Simple Podcast.
0:47.9	It's where he coaches you on how to build your business like an airplane where the cockpit
0:52.1	is your leadership, the body is your overhead, the right engine is your marketing, the left
	...

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