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My First Million

Crumbl Cookie Making $1B/ Year, AI In Sports, and Underutilized Assets Create Businesses

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

šŸ—“ļø 14 February 2023

ā±ļø 65 minutes

šŸ§¾ļø Download transcript

Summary

Episode 419: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about how Crumbl Cookie is making a billion a year in profit, will AI take over sports, looking at underutilized assets to create businesses and much more. Want to see more MFM? Subscribe to the MFM YouTube channel here. ----- Links: * Flying Magazine * 1,000 True Fans * Parcast * Crumbl Cookies * Amjad Masad Twitter * Replit * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ------ Show Notes: (07:50) - What is a university? (09:05) - Craig Fuller & FlyingMag (24:20) - Finding the real metric that matters (30:40) - Parcast (34:10) - Crumbl Cookies (42:20) - Super Bowl and AI (54:55) - Underutilized Assets Businesses ----- 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. ----- Additional 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

with this cookie thing. Yeah, maybe the plateau, but a billy a year is a nice plateau.

0:04.6

I don't mind sit on that plateau for a while. And that's got that's like how I feel

0:09.0

whenever I hear somebody's stories like it's not going to grow. I'm like, yeah, that's

0:12.6

cool.

0:13.6

Sorry, I couldn't hear you. The money was burning a little too loud in my ears.

0:18.5

I feel like I could rule the world. I know I could be what I want to put my all in it

0:25.3

like no days. I'm full of old. Let's travel never looking back. Dude, so I, this is total

0:31.6

random. I wasn't planning to tell these stories, but I was hanging out with my, I guess I

0:35.9

shouldn't say, hanging out with somebody who lives in San Francisco and their kids go to

0:41.2

a really prestigious private school in San Francisco. And for those who don't know, San

0:45.9

Francisco schools, like, you know, have a reputation that they suck, the public schools.

0:51.0

And so most of the people who work in tech or are like, like, well, in San Francisco,

0:58.6

try really hard to get into private school. And try really hard means like you have to audition

1:03.6

and apply for kindergarten and first grade. Like you are, you have to fill out an application.

1:09.4

You have to write your love. It's called a love letter where you basically have to give

1:12.8

it. It's your, it's your, if you say you're my first choice and we will do anything,

1:16.8

anything to get in. And you like have to dress up and they interview the parents, they

1:20.7

interview the kid and they're like, we have to decide if you're, you know, your are material

1:25.3

to get into our school. So there's a whole, they're like, you know, how painters hold

1:28.7

up like a shade of like the paint to make sure it's the right blue. They're like, Oh,

1:32.2

are you above this whiteness level? Yeah. Like, let me say that shade. So the, so I imagine

1:37.8

this. So the person I was talking to, they, they go there on like financial aid because

...

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