Tech All-Star Game, Milk Road Pro and Big Box Strategies
About This Episode
Sam and Shaan explore the 'Big Box Strategy' of creating affordable versions of high-end wellness products for retailers like Costco. They also provide a deep-dive critique of Milk Road's monetization, suggesting a shift from low-cost consumer subscriptions to high-ticket B2B data products, and brainstorm a 'Tech All-Star Game' event.
Episode Description
Show Notes
Links
- * EchelonFit
- * Milk Road Pro
- * Particl.com
- * Silicon Valley Sports League
- * OnlyPaige
- * Paige Spiranac
- * Uscreen
- * 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
The Big Box Strategy involves identifying premium products with proven demand (like the Oura Ring) and manufacturing slightly lower-spec versions specifically for high-volume retailers like Walmart and Costco.
Content and media companies can achieve much higher margins by packaging their audience data into $30,000/year B2B enterprise products rather than $10/month individual subscriptions.
Achieving major life or business transformations often doesn't require a new strategy, but rather 'turning the dial' on the intensity of execution for a simple, proven plan.
Business Ideas Mentioned
Costco Version of Oura Ring
E-commerce
Crypto Salary Benchmarking Data
SaaS
Institutional Crypto Sentiment Analysis
SaaS
The Tech All-Star Game
Content & Media