AI Santa, Business Ideas That Solve Problems & More
About This Episode
Sam and Shaan explore diverse business opportunities ranging from high-end kids' indoor play museums to subscription-based short-term rental sharing networks. They also provide a deep dive into the history of Vice Media, the showmanship of its founder Shane Smith, and the mechanics behind viral content engines like Dose Media.
Episode Description
Show Notes
- 00:55- Play Street Museum
- 06:32- 260 Sample Sale
- 13:05- Host Share
- 21:15- AI Santa
- 25:18- Vice media
- 43:45- OMG Facts and Emerson Spartz
- -----
- 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.
- ----
- Additional 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
Links
- * Vice
- * OMG Facts
- * Nonlinear
- * TrueMed
- * Play Street Museum
- * 260 Sample Sale
- * Kingsford Charcoal
- * Hostshare
- * Kindred
- * MoneySuperMarket
- * Replit
- * TrueMed
- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
- -----
Check Out Sam's Stuff
- * Hampton
- * Ideation Bootcamp
- * Copy That
Check Out Shaan's Stuff
- * Power Writing Course
- * Daily Newsletter
- ----
Key Takeaways
Identify 'crevices' in the market, such as unused product samples or vacant rental nights, to build low-cost arbitrage businesses with high perceived value.
Mitigate extreme platform risk by diversifying traffic sources; businesses built entirely on social media algorithms (like Vice or Little Things) are vulnerable to overnight collapse.
Master the art of showmanship in leadership and pitching to bypass skepticism, influence high-net-worth investors, and build a larger-than-life brand presence.
Business Ideas Mentioned
AI Generated Personalized Santa Videos
AI & Automation
Niche Industry Sample Sale Pop-ups
E-commerce
Subscription-Based Rental Property Swap
Marketplace