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My First Million

From $0 to $100 Million In 3 Years Selling Cold Plunges

My First Million

Hubspot

Entrepreneurship, Business, Investing

4.72.9K Ratings

🗓️ 6 December 2023

⏱️ 69 minutes

🧾️ Download transcript

Summary

Episode 527: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) reveal the numbers behind Plunge.com, predict the next TikTok, and share $100M business ideas for the health and wellness trends of 2024.   No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd — Show Notes: (0:00) Intro (0:30) Plunge.com - $270K to $100M in 3 years (12:30) Trusted Supplements Tester (19:30) It's time for a new Consumer Reports (25:30) How Andrew Huberman monetizes trust (30:00) Gossip like your life depends on it (39:00) ReelShort - the next TikTok (51:00) Shaan hires an AI tutor — Links: • Plunge.com - https://plunge.com/ • Examine.com - http://examine.com/ • Flavcity - https://tinyurl.com/2xndaj9e • Consumer Reports - https://www.consumerreports.org/ • ReelShort Romance - https://tinyurl.com/npkta3sx • The 4-Day MBA - https://keystothevault.com/the-4-day-mba/ • Good Business - Bad Business - https://tinyurl.com/y6aejb22 — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.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/ 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

All right, today we're talking about an app that is taking off that I think might be the next

0:04.1

Tik-Tok, it's a Chinese app that you probably never heard of.

0:07.1

Sam got all the numbers behind a cold plunge business that's doing over a hundred million

0:11.4

years, including their ad numbers

0:13.7

which is rare you almost never get to see that and lastly we talk about lessons that we

0:17.6

learned from Jess Ma a founder who has built a business up to nine hundred

0:21.5

million dollars and she shared one or two golden little nuggets that we wanted to talk about.

0:25.0

Enjoy the steps.

0:27.0

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

0:31.0

I put my all in it like no days off.

0:34.8

All right, let me give you an update on something.

0:36.1

So we had, you know, I take a lot of pride in the fact that we've had some people on here

0:41.2

right before their like fame arc really took off we had

0:44.8

Brian Johnson on here you said that he mentioned like yeah you were guys were one of

0:49.3

my first people another one Andrew Hummerman we talked to Andrew Hummer. I remember we talked to him and I think he was like in this hallway in Stanford or something like doing an interview with us.

0:58.0

And after the pod, or during the pod I told him that like cold plunging is interesting to me and after the pot he goes hey I want to send you a cold plunge

1:07.2

That's like that's very kind of you I would love that and so we introduced me to this guy named Ryan Dewey Ryan sent me a cold

1:14.6

plunge and the company now it's it's what's the URL actually is it I don't even

1:19.6

know what is it plunge dot com plunge.com. It's just called plunge. He sent me this thing and I started using it and I loved it and I dug it and by the way this also sounds like an ad this is not an ad I have nothing to do with these guys. But... But, Ryan, I will take a free plunge. I said no earlier. I changed my mind. Did you say no when he offered you one? I said no. I said no the first time. That's crazy. And I was wrong. I'm man enough to admit it. I was wrong. I was wrong and I was wrong I mean I'm man enough to admit it I was wrong I

1:44.7

would like a plunge thank you yeah they're awesome but here's the deal when he was

1:48.3

selling them at the time I think they were like 3,500 dollars now I think they're like

1:52.3

5500 dollars and I didn't know if I liked doing it.

...

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