#457January 24, 20231:34:02

Rapid Fire Business Ideas, How to Buy a Public Company, and Mast…

Acquisition strategies Mobile gaming history Buying public companies Real estate investing

About This Episode

Shaan Puri and guest Suleman Ali discuss strategies for selling businesses, the 'deal doula' role in acquisitions, and the power of transparency when dealing with buyers. They brainstorm various business models and explore Suli’s interest in buying undervalued public companies to optimize their operations through radical efficiency.

Episode Description

Episode 410: Shaan Puri (@ShaanVP) is joined by Suli Ali (@sulemanali) to talk about new business ideas, how to write an honest LinkedIn profile, rapid fire responses to personal questions, what's Suli's next step... and much more. -----

Show Notes

17:35- Rapid Fire Round
46:35- Justin Yoshimura
57:55- Why Suli wants to acquire a public company
01:04:45- Suli as a Deal Doula
01:16:10- Suli's next projects
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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

Key Takeaways

Disclose business weaknesses and 'skeletons' early in acquisition talks to build immediate trust and prevent deals from collapsing during the due diligence phase.

The most straightforward path to a million-dollar business is starting a specialized agency that solves high-ROI problems like conversion rate optimization or email marketing for established brands.

As entrepreneurs accumulate wealth, their growth is often limited by imagination rather than capital, making it important to avoid building 'bigger, brighter prisons' through repetitive business ventures.

Business Ideas Mentioned

Robinhood for Real Estate

Real Estate

Niche High-ROI Service Agency

Agency

Y Combinator for Creators

Creator Tools

Digital Roll-up of Furniture Brands

Acquisitions

View all ideas

Guest Graveyard Mentions

Justin Yoshimura

View guest graveyard

Featuring

Suleman Ali

5 episodes

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Quick Stats

Duration1:34:02

Guests1

Ideas Discussed4

Topics4

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