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#85June 12, 202047:02

#83 - How the Koch Brothers Got Rich, Human IPOs and Why Snapcha…

About This Episode

Sam Parr and Shaan Puri discuss the business model of Jeff Bezos's Arc Publishing and the diversified wealth of the Koch brothers. They brainstorm opportunities within new platform ecosystems like Snapchat Minis and Zoom, focusing on internal corporate tools and remote social experiences. The episode concludes with insights on leadership styles and physical optimization for remote workers.

Episode Description

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) catch up and talk through a variety of topics on the show today. Everything from content engines serving only employees of specific companies (internal podcasts, for example), to the Koch brothers and SnapKit. In today’s episode we cover ways companies are publishing content directly to their employees (8:00), Sam briefly summarizes how the Koch brothers made a billion dollars (15:30), Shaan riffs business ideas based on Snapchat Mini’s (22:45), Shaan explains Moonshot and how online escape rooms just might work (30:30), Sam asks for Shaans honest opinion on the Liquid Death founder (33:47), Sam and Shaan talk about humanIPO.app and the merits of humans having an IPO (39:35), Shaan and Sam discuss correct posture and the need for someone to tell them how to exercise “correctly” (43:00).  See acast.com/privacy for privacy and opt-out information.

Key Takeaways

1

Productize internal tools: If your company builds an elite internal tool, consider selling it as a standalone SaaS, similar to Amazon with AWS or Washington Post with Arc Publishing.

2

Leverage new platform ecosystems: Be an early mover on emerging platforms like Snapchat Minis or Zoom apps to gain asymmetric distribution before the market becomes saturated.

3

Align personnel with company stage: Use the 'Pioneers, Settlers, and Town Planners' framework to ensure you have the right temperament of leader for your business's current level of stability and innovation.

Business Ideas Mentioned

Internal MailChimp for Corporations

SaaS

CameoKit for Snapchat

Marketplace

Digital Posture Correction Service

Boring Business

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Quick Stats

Duration47:02
Guests0
Ideas Discussed3
Topics0