BREAKING: Shaan Sells the Milk Road - A Conversation With the Bu…
About This Episode
Shaan Puri introduces Mike Wittmeyer and Kendall Saville, the founders of Bitfo and the buyers of his newsletter, The Milk Road. The episode explores their backgrounds in scaling 'under-the-radar' businesses like JM Bullion through SEO and affiliate marketing, alongside the tactics they used to navigate the acquisition.
Episode Description
Show Notes
- 00:00- Shaan's Intro
- 04:30- Why Michael and Kendall are under the radar
- 13:30- Stories of hacking SEO
- 16:00- Why Shaan decided to sell
- 43:00- How Michael and Kendall got into the gold business
- 56:30- Why you should compare yourself to your competitors
- 01:01:30- How Kendall's first business almost got him arrested
- 01:05:45- Life hacks
- 01:12:30- Business philosophies
- 01:30:00- Creating outlier outcomes
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- 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.
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- 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
- * JM Bullion
- * Milk Road
- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
- * Want more insights like MFM? Check out Shaan's newsletter.
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Key Takeaways
Perform the 'Mirror Exercise' by objectively ranking your business against competitors on every key metric to identify where you are losing and where you must improve.
Prioritize 'Who' over 'How' when solving complex life or business problems, such as hiring specialists for newborn care or meal prep to reclaim mental energy for your superpower.
Adopt a 5-to-10-year outlook on your business to regulate emotions; daily volatility and setbacks rarely change the long-term trajectory of a fundamentally sound company.