Back to Episodes
#379July 14, 20221:22:22

Pieter Levels: Making $2.7M A Year With No Employees

About This Episode

In this episode, Sam and Shaan interview indie developer Pieter Levels, who manages a portfolio of automated businesses generating over $2.7M in annual revenue without any full-time employees. They explore Pieter's 'open startup' philosophy of radical transparency, his simple but effective tech stack, and the unique lifestyle design of a 'slow-mad' living out of apartment hotels.

Episode Description

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk to Pieter Levels (@levelsio) about being a solopreneur who makes nearly $3M a year with no employees while living a nomadic lifestyle. Also, want $5,000? Check out the My First Million Clips contest. -----

Show Notes

  • 02:40- How Sam gets in touch with people
  • 05:50- How much Pieter makes
  • 13:25- How to become a hit solopreneur
  • 20:10- What Pieter uses to build
  • 23:45- Building to earn vs. building to sell
  • 29:55- How movements grow
  • 30:25- Thinking big as a solopreneur/Indie Hacker
  • 35:35- Businesses that could earn you $20k a month
  • 42:30- How Pieter spends and invests his money
  • 47:10- Why Pieter believes in Asia
  • 52:40- What Pieter spends money on
  • 01:01:15- Who Peter admires
  • ----
  • 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

  • * Nomad List
  • * RemoteOK
  • * BuyNothing
  • * Derek Sivers
  • * 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.
  • ----

Key Takeaways

1

Prioritize extreme automation and high-margin digital assets over hiring employees to maintain freedom and high profitability.

2

Adopt the 'Red Pill' marketing strategy by identifying a societal norm that feels broken and building a community and product around a better alternative lifestyle.

3

Use radical transparency and public revenue tracking as a marketing engine to build trust and authority within your niche.

Business Ideas Mentioned

Apartment Hotels for Long-Term Remote Workers

Real Estate

White-Glove Furniture Rental for Nomads

Boring Business

Pet-Friendly Airlines for Tech Workers

Boring Business

View all ideas

Share Episode

Quick Stats

Duration1:22:22
Guests0
Ideas Discussed3
Topics5

Related Episodes

#118
59:01
September 25, 20201 guest

#114 with Steph Smith - The Head of Trends Talks Insider Trading…

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) invite Steph Smith (@stephsmithio) on the pod today. Stephen is an employee at The Hustle, world traveler and all around indie-hacker. In today’s episode you’ll hear: Shaan and Sam introduce Steph (0:40), Steph introduces a fresh idea around remote/WFH by tackling all of the needs of someone newly adjusting to WFH life (4:00), the group talked about unorthodox company perks (12:10), Sam and the group brainstorm around “What are the most interesting 1-3 person operations you’ve seen?” (16:30), Steph pitches an idea of becoming the agency for celebrities because most celebrities have terrible web presence (24:00), Steph’s third idea revolves around HIPAA compliant (or other compliance) services and creating first-mover advantages by tracking legislation (30:15), Steph introduces the guys to a reddit tool that allows you to mind map topics on Reddit (36:00), the group talks about the advantages of tracking insider trades (40:30), Sam talks about a company called FION which is building A technology platform that allows you to track and predict where wildfires will start and spread (46:00), Steph talks about hiring gen-zers to build corporate training material (50:00), Companies, people and resources mentioned: - Benefits company: https://www.compt.io/ - Benefits company: https://www.hoppier.com/ - https://twitter.com/chrisjbakke/status/1296107846472364033 - Live music discovery platform: https://www.keyvalues.com/ - Peter Levels @levelsio - Fastest growing Inc 5000 company: https://www.onetrust.com/ - Related subreddit tool: https://anvaka.github.io/sayit/?query= - Nuclear energy girl: https://twitter.com/isaboemeke - Gen Z Mafia https://genzmafia.com/ - https://www.songkick.com/ - Insider trading reporting: https://finviz.com/insidertrading.ashx - Wildfire tracker: fion.tech - Art school game: https://artsqool.cool/ Check out this week's sponsor: Ourcrowd. They make it easy to invest in early startups. Go to ourcrowd.com/thehustle to get started. 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.  See acast.com/privacy for privacy and opt-out information.

SS
Steph Smith