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#187April 21, 20211:01:29

#173 - How Beachbody Makes Money, 75 Hard Explained, & Brainstor…

About This Episode

Sam and Shaan explore the business mechanics behind fitness empires like Beachbody and 75 Hard, highlighting the power of 'promise-based' marketing. They also discuss the difficulty of building community-driven news aggregators and debate the lifestyle choice of being a serial entrepreneur versus a focused operator.

Episode Description

Shaan (@ShaanVP) and Sam (@TheSamParr) dive deep into 75 Hard: what it is, who's behind it, and why it's so successful. From there they talk about a similar business: Beachbody. Beachbody does over $1B in sales, but the way they generate their profits will surprise you. The guys also brainstorm on "HackerNews for X" ideas and how to pull them off. Towards the end, Sam challenges Shaan on why he's running so many businesses and not focusing on just one. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------

Show Notes

  • * (2:00) Talking pod growth
  • * (8:20) Shaan's funny story from college
  • * (13:12) "HackerNews for X"
  • * (30:12) What is 75 Hard?
  • * (35:30) How Beachbody became a $1B behemoth
  • * (52:04) Sam challenges Shaan on doing many businesses instead of focusing

Key Takeaways

1

Use 'Promise Marketing' to sell results within a fixed timeframe, such as a 90-day transformation, which makes a difficult goal feel achievable for consumers.

2

The most profitable part of many fitness content businesses is not the media itself, but the high-margin recurring physical products like supplements or shakes attached to the program.

3

Launching a successful community platform requires a 'flint phase' where founders must manually curate content and seed discussions to establish the culture before it can scale.

Business Ideas Mentioned

HackerNews for Crypto

Content & Media

90-Day Mindset and Fitness Transformation

Content & Media

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Guest Graveyard Mentions

AF

Andy Frisella

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Quick Stats

Duration1:01:29
Guests0
Ideas Discussed2
Topics0