Andrew Wilkinson's $20,000 to $260,000,000 story (#521)

ℹ️ EPISODE INFO

Released

November 22, 2023

Duration

1h 6m

Channel

My First Million

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd Episode 521: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Andrew Wilkinson about the “Profit First” strategy, how to be a master networker, and his Barnacle On The Whale Strategy for growing 10x with zero marketing. — Show Notes: (0:00) Intro (2:00) Business on hard mode vs. easy mode (12:00) Cliffs Notes for “Profit First” (19:30) Leveraging incentives (24:00) Breakdown: Holdco acquisition funnels (28:00) Andrew sends Sam a private jet (32:30) Shooting your shot with your heroes (38:00) Crashing the Oscars afterparty (43:00) Buying vs earning your way into the room (47:00) POV: Peter Attia is your doctor (50:00) Barnacle on the Whale Strategy (57:00) People always suffer in silence (1:00:00)Hitting rock bottom — Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.

— Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth

💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch For more quality videos subscribe here → https://tinyurl.com/46rjnckx 🔔 Turn on notifications to stay updated with new uploads

🎤 SPEAKERS

• Sam Parr

  host

  Co-host of the My First Million podcast and entrepreneur (formerly The Hustle).

• Shaan Puri

  host

  Co-host of the My First Million podcast and entrepreneur/investor.

• Andrew Wilkinson

  guest

  Entrepreneur and investor known for building Tiny and acquiring profitable internet businesses.

🧾 EPISODE SUMMARY

In this episode of My First Million, featuring Sam Parr and Shaan Puri, Andrew Wilkinson's $20,000 to $260,000,000 story (#521) explores andrew Wilkinson on boring profit levers, networking, and barnacle strategies Andrew Wilkinson argues that unglamorous 'lever pulls' like raising prices, cutting shipping costs, and checking a Stripe setting drive more profit than flashy features, and that simple online businesses like We Work Remotely beat bakeries on ease and returns.

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