Long-Lasting Companies, Pandemic Monitoring & Deepfake Businesses
About This Episode
Sam and Shaan discuss the philosophy of building century-long brands like Louis Vuitton and Raising Cane's by focusing on clear values rather than short-term arbitrage. They explore the concept of 'progressive ambition,' where a founder's vision expands after achieving an initial foothold, and brainstorm high-stakes business opportunities in biosecurity and AI likeness management.
Episode Description
Show Notes
- 00:00- The "6 inches in front of your face" concept
- 16:20- Long lasting companies & values
- 22:00- Business Idea: Pandemic monitoring
- 29:45- Business Idea: Deep fake business opportunities + risk
- 43:55- Athletes who crossover into business & tech + Russell Okung 40-day water fast
- 55:00- Listener question
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Links
- * Lessons From Century Club Companies
- * Okung Fast
- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
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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
Check Out Sam's Stuff
- * Hampton
- * Ideation Bootcamp
- * Copy That
Check Out Shaan's Stuff
- * Try Shepherd
- * Shaan's Personal Assistant System
- * Power Writing Course
- * Daily Newsletter
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Key Takeaways
Identify core 'upstream' values to make difficult downstream decisions, like choosing between profit margins and customer experience, completely obvious.
Adopt 'progressive ambition' by focusing on a small, successful foothold first before attempting to scale into a massive, world-changing vision.
Improve high-frequency, daily recurring tasks by small percentages to benefit from the compounding returns of operational efficiency.
Business Ideas Mentioned
Global Pandemic Monitoring and Detection Software
SaaS
Celebrity Deepfake Licensing and Protection Agency
AI & Automation