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#583December 18, 20231:12:28

The 2023 Milly Awards: Part 2

Acquisition of LetterboxxThe 'Second Owner' Rule for AssetsAI's impact on administrative jobsInvestment lessons from 2023

About This Episode

In this second part of the Milly Awards, Sam, Shaan, and guest Andrew Wilkinson reflect on 2023 by highlighting their best and worst investments, unsexy businesses, and the most eccentric people they encountered. They delve into successful acquisitions like Letterboxx, lessons learned from money-losing ventures, and the growing impact of breakthroughs like AI and Ozempic on the business landscape.

Episode Description

Episode 532: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) bring you…..Part 2 of The 2023 Milly Awards. Christmas has come early for business junkies.  No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd

Show Notes

  • 0:00Intro
  • 0:30Most Delusional Person of the Year
  • 11:30Best/Worst Investments
  • 40:30Unsexy Business of the Year
  • 44:00Content of the Year
  • 52:30Wildest Predictions
  • 56:00Coolest Moment of the Year
  • 1:02:00Breakout of the Year

Check Out Sam's Stuff

Key Takeaways

1

Acquiring social networks with high engagement provides an 'airport' platform where the owner can sell ancillary products like merchandise or services to a dedicated community.

2

Creators with business audiences have an unfair advantage in acquisitions by using their distribution as a 'free marketing budget' to rapidly accelerate revenue for B2B companies.

3

Avoid the high costs and decision fatigue of custom home construction by purchasing from a 'second owner,' as the original builder often over-customizes and over-spends.

Featuring

AW

Andrew Wilkinson

27 episodes

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Quick Stats

Duration1:12:28
Guests1
Ideas Discussed0
Topics4