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My First Million

Fitness Hotels, Steel-Manning, and Why the Creator Economy is Overhyped

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 9 December 2021

⏱️ 78 minutes

🧾️ Download transcript

Summary

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) discuss new business ideas including building a fitness hotel, the mental model of building a steel man argument, and why the creator economy might be overhyped. _____ * 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. _____ Links: * Click here to find out if you won $1,000 from the review giveaway: https://youtu.be/xsaO0H-0wg0 * If you won, please contact [email protected] Show Notes: (00:54) - Announcing review contest winners and. introducing the clips contest (04:50) - Recapping the Noah Kagan episode (12:30) - Steel-manning (16:05) - Why speech and debate nerds end up successful (27:39) - RockAuto.com (33:00) - Why Sam is going to start a fitness hotel (38:00) - ManualsLib.com (43:57) - Why dentists are some of the top creators on YouTube (46:00) - Why the creator economy is overhyped (01:13:35) - Dane Cook's amazing growth hack

Transcript

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0:00.0

All right, QuickBag to tell you about another podcast that we're interested in right now.

0:04.4

Hosepot just launched a Shark Tank rewatch podcast called Another Bite.

0:08.9

Every week, the host relived the latest and greatest pitches from Shark Tank, from Squatty

0:13.1

Potty, to the Mention a Bench, to Ring Doorbell, and they break down why these pitches were

0:18.6

winners or losers, and each company's go-to-market strategy, branding, pricing, valuation, everything.

0:24.2

Basically, all the things you want to know about how to survive the tank and scale your

0:28.4

company on your own.

0:29.6

If you want to give it a listen, you can find another bite on whatever podcast I've

0:32.9

been listening to, like Apple or Spotify, or whatever you're using right now.

0:36.2

All right, back to the show.

0:38.3

Solving for demand problems suck.

0:40.3

Solving for technology problems rocks.

0:42.3

I feel like I could rule the world.

0:45.3

I know I could be what I want to.

0:47.9

I put my all in it like no days off.

0:50.5

For the road, let's travel never looking back.

0:53.1

All right, so we have two things going on.

0:55.3

The first is we have a contest.

0:56.3

I have a new intro philosophy.

0:58.4

Have you ever watched a peloton class?

1:01.8

Yeah.

1:02.8

They're always, they always do this thing.

...

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