How Dave Ramsey Built His $300M Empire, Trademarkia, And MFM Rip…
About This Episode
Sam and Shaan break down the massive $300 million media and $600 million real estate empire of financial guru Dave Ramsey. They also explore the 'flooding' technique for emotional well-being and identify high-value business opportunities in B2B data directories and public company acquisitions.
Episode Description
Show Notes
- 01:05- Laird Superfoods
- 06:55- Dave Ramsey
- 25:15- Why Shaan is in a great mood
- 29:05- Why you shouldn't buy domain names
- 32:05- Chambers
- 39:50- Trademarkia
- 45:40- The people ripping off MFM
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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
- * Laird Superfood
- * Ramsey Solutions
- * MFMpod.com
- * Chambers
- * Flashes & Flames
- * Trademarkia
- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
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Key Takeaways
B2B ranking and intelligence businesses like Chambers and Partners can achieve 8-10x revenue valuations because professionals are willing to pay for the prestige and marketing rights associated with a ranking.
The 'Flooding' technique involves intentionally watching old videos or photos from positive eras of your life to trigger a physiological flood of positive emotions and memories.
A lucrative acquisition strategy involves identifying public companies trading below their cash-on-hand value, effectively allowing an investor to buy the brand, inventory, and cash at a discount.
Business Ideas Mentioned
Public Company Cash-Value Acquisitions
Acquisitions
B2B Professional Ranking Directories
Boring Business
Modern UX for Government Databases
SaaS