This AI Startup Idea Has 500 Million Customers Waiting For It
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- เผยแพร่เมื่อ 3 ก.ค. 2024
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Episode 554: Shaan Puri ( / shaanvp ) and Sam Parr ( / thesamparr ) brainstorming unicorn startup ideas with $1B founder Jason Cohen.
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Show Notes:
(0:00) Intro
(3:00) AI improved presentations
(11:30) Automated Twitter hacking
(14:00) Being a billionaire tinkerer
(18:30) Rich vs. King
(23:30) All startups are screwed up--including the ones that work
(31:30) Be so good you can't fail
(33:30) Consumers don't value their time
(36:30) Will WP Engine go public?
(38:00) Lessons from Silver Lake Capital elites
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Links:
• Smart Bear - smartbear.com/
• Jason Cohen on Twitter - / asmartbear
• Zeck - www.zeck.app/
• Rich v. King - longform.asmartbear.com/rich-...
• Box.com - box.com/
• Silver Lake - www.silverlake.com
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Check Out Sam's Stuff:
• Hampton - www.joinhampton.com/
• Ideation Bootcamp - www.ideationbootcamp.co/
• Copy That - copythat.com
• Hampton Wealth Survey - joinhampton.com/wealth
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Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): bit.ly/SupportShepherd
My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
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Mark my words: one day I will be on this podcast. I’m a junior in high school interning inside a startup VC. I’m learning loads and will one day create my own startup. Sam and Shann, I start my morning listening to you guys on my way to school. There is no better channel!!! Much love - Jaden
Where are you interning?
That is the right attitude and mentality. Keep it up, stay focused and maintain self control in all aspects of your life and over time you will make it happen. Good job on having a goal that early in life and best of luck in making it happen!
What is wrong with you 😂
@@bossgd100 because I'm also in VC
Good luck bro!
Wow! Soo cool to see! I worked under Jason in the early days of WP Engine. I will always treasure getting to learn from this man first hand. Absolutely brilliant dude and a great leader. Big love if you see this Jason!
Hey! Great to hear from you as well! Hope all as well.
That was the fastest 40 min ever! Great pod. Time flies when you’re learning and being entertained. Never miss an episode.
The consistency of your upload schedule is incredible and inspiring!!! Been listening/watching for a couple months now and been telling my friends! I was a fan/subscriber prior to the 400k subs mark!!! Keep it going!!
Unlike YC, which just repeats "product-market fit" over and over again (which IS important), these guys have a constant stream of viable, original ideas, which are not so abstract, to the point of having no muscle.
Jason is the GOAT, listen to everything he pops up on. Kudos!
sam, you are really generous of your compliments of the way Shaan thinks of certain things some times. By the way i love Shaan's take on ideas and the way he paraphrases every idea to make it sound more appealing.
I felt like this was cut shorter than ideal. Tho maybe the pace was slower and ideal wouldve been letting him go 2 hours and trimming it down
Where was the bit about 500m users??
I did not here the 500m users either but I was working in the background! Might have been clickbait title!
Great pod, love Jason and his wisdom around start up. His approach seems very systematic
Listening to this Cohen guy is so refreshing. Finally an intellectual person that’s ethical but still a real ninja
Every once in a while you guys have on a next level thinker. This guy is one of them. More like this guy.
My three favorite channels: My First Million, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
@ 35 mins is where the gold is at
It’s double their leads relative to what they are paying someone else currently
Once you acquire a customer and it matures how do you keep providing value to keep them around? Just have a better product and customer support relative to competitors?
One of the best pods
Big fan of Jason's blog!
Some time ago I wanted to recommend you an amazing person to invite. Today I see you interviewing him: the one and only Jason Cohen! 🤩
Im stealing the “double your leads” technique. Awesome content as usual. 🙌
If anyone liked this episode, watch his talk about bootstrapping a business. Love Jason Cohen and his philosophy behind bootstrapping is worth following
Which one? He seems to have done so many
This was too good not to be longer
Anyone else notice how Sams wardrobe has slipped into full DAD mode since having his daughter? 🤣
Prezi was super popular back in 2014. Everyone in my college were using it.
10/10 sweater, Sam, where is it from?
You guys need to turn up the thermostats in your rooms! Looks like 55-60F with all those sweaters lol
15:19 So this guy uses social media for fun and a hobby- but remember, not only is he rich enough to be able to afford throwing away time on something silly that he finds fun, he's probably working with a different level of brain where he's also many times more productive than most of us (especially me) and can afford the time and distraction in a way that I can't. I personally think that if it's not used to keep your mind in the right motivated space, and for information (talks, podcasts, etc) that social media is a poison to success.
9:00 most interesting take on slide / pitchdeck. Slide Bean style.
The brainstorming session on unicorn startup ideas was super insightful. A key tactic for entrepreneurs is to validate ideas quickly by using micro-tests in the market, which can save time and resources before going all-in. Remember, data beats opinions when it comes to scaling a viable business.
the fastest 30 minute podcast (10 more of ads). Why not go for an hour plus when you have someone like Jason on? Seems like you have a hard limit on time.
Love this epoisode
7:11 asking gpt to ask nice questions very important trick
Love the “don’t deny that you got in it for money.” There’s too many taboos and euphemisms around money in our culture. It’s refreshing to be transparent like that.
Wait, I thought dude was Steven Wolfram with a hat... Still going to listen though.
"Optionality is power"
killer cardigan man. seriously kinda cool
A legend in the bootstrapping world
meanwhile none of these companies are hiring
Wish this one went longer. Felt like Sam was in a hurry to wrap it up. It would have been great to hear Cohen riff on more ideas. Bring him back for another round.
Sam, your sweater game lately has been on point. That's all I came to say :)
Sean’s sweater game is to be celebrated 🎉
500 million!? No way. Stop the 🧢
Sheesh, is Sam getting super jacked?
Maybe there should be Bereal version for these companies
What cameras and microphones do you use for your podcast? The are very nice quality video.
for failing companies FTX was saying few days before the collapse how they are doing well :)
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At the five minute mark 😮when they finally let the guest actually speak 😮first thing out of his mouth is something about having his time wasted lol
How do I pitch my business to you guys?
I’m currently working with my college entrepreneur center to develop my pitch for investors. ID LOVE TO PITCH TO YOU GUYS.
Never heard of Jason Cohen, but we are ALL IN!!! Been using WP engine for years! My entrepreneurship group followed him on social and did more research on him and his companies. Thank you guys yet again!! Also Ed Norton is a Baltimore/Maryland native!!! Put some respect on his name!😂😂😂… Love you guys. ☮️✌🏽
Thanks for the kind words, and for being a customer! 😃
@@asmartbear My pleasure! Thankyou!
For a second. For just one second I thought that was Stephen Wolfram
Where can I get Sam's sweater?
9:20
My buddy told me today that he got a pay rise 1 week before the company he work for went bust.
This one was weird
everyone watching this vid needs to go eat some shrooms and just chill.
Lately, you guys have been putting out bangers.
Nice 👍🎉🎉🎉🎉🎉
What is this... the All Out Podcast?
Customers "waiting" doesn't count. Only customers "buying" matters.
Finally the guest I've been waiting for!!!!
Jason COHEN, is a major get.
Chris aker! Get the linode founder !!!
You mean goat.
You mean guest.
You mean genius.
Why is he swinging?
OMGosh! I thought everybody nixed saying "Pod" on here... this is so annoying.
jason cohen is the michael jordan of indie hackers
Well said
The hubspot ads are so annoying every time 😮
They own the pod and paid millions for it
Sam is looking like a celebrity
one big F to in video adds you poor person
Anyone who does not know who this guest is before this podcast - you should absolutely check out other earlier videos of him speaking, especially his story about starting WPEngine and all that entailed.
Great conversation, 500m waiting list that insane ..power of influence
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AI for hacking wen?
I always wanted to be a hacker but I'm to dumb 😂
Sam bro the fit! Can yall start dressing high end fashion for more views?
Another Dharmesh/Andrew Wilkinson - level guest! Great episode guys
No clue what the first 10 minutes of the episode was about. Too distracted by Sam’s cardigan.
1st again, hell yeah
This edit is bizarre. Super jarring, and terrible continuity. Feels rearranged and heavily reduced. Normally MFM is relatively linear so I found this unexpected.
Was this a paid episode? Not sure why but it felt like you didn't want him there
Why does Shaan always have his shoulders hunched up like Stephen Hawking?
Can someone give me the idea ?
I dont have 40 min to spend on the video for the moment.
Pls , thank you in advance
LOL! with an attitude like that, even if someone gave you a treasure map, I wouldn't expect you to succeed. 😂
Why? Time is valuable.
Sure thing. The idea: invest in your knowledge and listen to others who have succeeded at what you wish to do.
Ok I will watch it...
I am Jack's AI startup
BS! I'm blocking this channel!
Hey Team MFM, I've been a regular listener for the past three years and have some thoughts to share with you:
- Consider extending the length of your interviews. The current format of a 1-hour episode, where the guest speaks for only about 15 minutes amidst 3-4 ad breaks, feels too constrained. Tim Ferriss’s podcast is a great example of embracing diverse topics and discussions. I believe MFM could successfully release 2-hour episodes, especially with unique guests who rarely appear elsewhere.
- The scriptwriting for Hubspot's advertisements could use some improvement. The heavy use of technical jargon tends to lose my attention, and it sounds like it's not enjoyable for you to present them either.
- The intro music and animation for MFM could be enhanced. Striving for something even more engaging than what the "All In" podcast offers would set a fantastic tone for each episode.
- It would be refreshing to see a reduction in the number of guests promoting their books.
- Featuring international entrepreneurs could bring a wealth of new and interesting perspectives to the show.
- Setting a target to reach one million subscribers by 2024 and reflecting this goal in your channel banner might be ambitious, but achievable with the right strategy. This could include producing engaging shorts and clips that align with current editing trends, which seems to be an area for improvement based on your recent outputs.
- Shaan should consider providing the writing course for free, it could generate an immense amount of goodwill, mirroring the impact of Hormozi’s approach.
I'm rooting for you guys to hit a million subs this year, Thanks for all the great content so far!