The New WeWork, How to Make $10M In 3 Months, and More
About This Episode
Sam and Shaan explore the astronomical costs of luxury living in Brooklyn and investigate how individuals generate massive wealth through high-speed utility app development. They analyze the business models of serial entrepreneurs like Scott Painter and Adam Neumann, while also breaking down the highly lucrative, though boring, world of B2B intent-data media companies like TechTarget.
Episode Description
Show Notes
- 04:50- How much money it costs to ball out in New York
- 19:55- Making $10M in a year
- 28:00- Scott Painter
- 38:35- Adam Nuemann.
- 46:55- Worst thing I've seen: TechTarget
- 56:10- Worst thing I've seen: The Crying CEO and why we need bullies
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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
Links
- * Alan Wong
- * Scott Painter
- * Bitpipe
- * Braden Wallake
- * 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.
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Key Takeaways
Asset ownership and business sales are more effective paths to multi-million dollar liquidity than high-salary corporate roles in high-cost cities.
B2B media companies can generate massive revenue by creating niche technical content that identifies software buyers and selling that 'intent data' to enterprise vendors.
Niche utility apps in the App Store represent a 'fast lane' to wealth by solving specific, high-intent needs with low overhead and massive scale, as demonstrated by Alan Wong's $100M success.
Business Ideas Mentioned
Modern B2B Lead Generation Media
Content & Media
High-Velocity Utility App Studio
SaaS