One-Chart Businesses, The Lice Lady and Having A Micro-Hustle Mentality

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 1 August 2023

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 481: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk about how the biggest opportunities lie in one-chart businesses, how Covet & Mane became a massive beauty-care business, why The Lice Lady is a killer blue-collar side hustle, and how to apply a micro-hustle mentality into your everyday life. Want to see more MFM? Subscribe to the MFM YouTube channel here. Check Out Sam's Stuff: • Hampton • Ideation Bootcamp • Copy That Check Out Shaan's Stuff: • Try Shepherd • Shaan's Personal Assistant System • Power Writing Course • Daily Newsletter • Small Boy Newsletter — Show Notes: (0:00) Intro (0:50) Michael Rubin’s White Party (4:00) One-Chart Businesses (12:35) Being a Conscious Consumer (19:30) One Choice Is No Choice (22:00) Covet & Mane (37:20) The Lice Lady (44:30) AAA Locksmith: The Micro-hustle Mentality (53:00) Weird AI Tool of the Week: Roundtable.ai — Links: • After.com • Steph Smith’s Tweet • Covet & Mane • Style Seat • MindBody • Squire • Bricia Lopez • LiceTreatmentLA.com • LiceBustersUSA.com • Roundtable.ai • Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. — 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

Click on a timestamp to play from that location

0:00.0	This is an example of a business that is what I call one chart businesses.
0:05.6	I'm full of catchy shit today, one chart businesses.
0:08.3	So what's a one chart business? There are times you can look at one chart
0:12.9	and one chart alone can be your business plan.
0:24.8	All right, we're live. What's going on? I haven't seen you in a week. I know.
0:28.7	What's going on? Big forever.
0:30.8	Nice jacket. By the way, that's fresh.
0:33.5	We're in white. It's a choice. It's a summer move.
0:37.9	It's a summer move. You're going to Ruben's party or what?
0:44.7	No, I don't think I'm not on that list. Was it last year that you were in the Hamptons
0:49.3	when Rick Ruben was having his party and you were like, what's this?
0:52.4	And wasn't there some story like you hung out with all the limo drivers,
0:55.2	the Uber drivers, the parking lot instead of going? Basically, the beach that I went to was
1:01.3	five doors down from his house. It's a public beach and there's a parking lot there.
1:04.8	And me and my family were just there hanging out. We drove by. We saw like,
1:09.3	you know, Henry Kravitz, the founder of KKR, you know, like $50 billion guy,
1:14.4	like pull up at his $2 billion or $2 million Bugatti, we park in the parking lot.
1:19.2	And I see all these huge escalates, all black escalates. And I see like these,
1:24.0	it's mostly like these, you could tell their drivers who are in suits,
1:26.7	they're playing soccer and eating sandwiches and drinking soda. And I walk over. I'm like,
1:29.6	what the hell is this? And they're like, oh, it's this guy named Michael Ruben's
1:32.3	closest party. I go, well, who are you driving? And they actually tell me who they're driving.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Hubspot, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Hubspot and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.