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The $100 MBA Show

MBA2320 Bonus Episode: You’re going to love My First Million

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 7 June 2023

⏱️ 72 minutes

🧾️ Download transcript

Summary

Ever wonder how some of these wildly successful entrepreneurs did it? The ones who went from startup to “never worry about money again”? You’re not the only one, and there’s a new podcast you’re gonna love.

Today we’re sharing an episode of My First Million — a top 25 business podcast where Sam Parr & Shaan Puri brainstorm business ideas you can start tomorrow. Sometimes they bring on famous guests like Mr. Beast, Rob Dyrdek, Sophia Amoruso & Hasan Minhaj and get them to open up about business ideas they’ve never shared before.

In this episode, Shaan Puri and Sam Parr talk to Founder & CEO at ProfitWell, Patrick Campbell, about the billion-dollar quilting industry, using spy secrets in business, buying cheap debt, and a hostile takeover of a person.

If you like what you hear, search for My First Million in your favorite podcast app — like the one you’re using right now.

Learn how some of the best in business really think. Hear how seemingly improbable paths to wealth make perfect sense, if you can see what most people can’t. Get inspired — Click Play!

Transcript

Click on a timestamp to play from that location

0:00.0

Hey $100 MBA listeners, this episode we're doing something a little bit different.

0:04.3

We're featuring an episode from one of my favorite podcasts.

0:08.0

It's called My First Million. It's hosted by Sam PAR and Sean Puri,

0:12.0

who've both built and sold eight figure businesses

0:15.3

to Amazon and HubSpot.

0:17.1

Each week, they brainstorm ideas, they chat about what's going on in business these days, they share

0:22.3

what's working for them, what's not,

0:24.0

and even how to start a side hustle that can make you a few grand a month or even a billion dollar

0:28.2

business idea. What I love about this podcast is that both Sam and Sean are just real people.

0:33.6

They emit their flaws while simultaneously really knowing their stuff when it comes to business,

0:38.4

idea generation, an opportunity that's just hiding in plain sight.

0:42.4

In the episode I'm about to play for you, Sean and Sam sit down with founder and CEO of

0:46.3

Profwell, Patrick Campbell, who's also a friend of this podcast.

0:49.8

Patrick Campbell recently sold his company for $200 million to paddle.

0:54.8

This conversation gets into all kinds of interesting topics.

0:57.8

From the billion dollar quilting industry to using spy secrets and business, to buying cheap debt to a hostile takeover of a person.

1:06.2

It's not what you think. Let's jump into that episode right now.

1:09.6

All right, we are live. What's going on, man? How are you? What's going on gentlemen? So we have

1:16.4

Patrick Camel. The company was Prophet Well? Yeah, so it started. But originally itowel. It was something else first, right?

1:24.0

Yeah, we called it Price Intelligently.

1:26.0

So we did a little piece of pricing software,

1:28.0

morphed into pricing software and service,

...

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