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My First MillionBrainstorming +$1M Business Ideas With Soylent's Co-Founder | ft. John Coogan (#496)
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EPISODE INFO
- Released
- September 19, 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 496: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk with John Coogan (https://twitter.com/johncoogan ), co-Founder of Soylent & Lucy and EIR at Founders Fund. John shares the most underrated creator-business no ones talking about, what it's like working with Peter Theil and Keith Rabois, why he thinks lifestyle businesses are worthless and much more. — Check Out Sam's Stuff:
- Hampton - https://www.joinhampton.com
- Ideation Bootcamp - https://www.ideationbootcamp.co
- Copy That - https://copythat.com
Check Out Shaan's Stuff:
- Try Shepherd Out - https://www.supportshepherd.com
- Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant
- Power Writing Course - https://maven.com/generalist/writing
- Small Boy Newsletter - https://smallboy.co
- Daily Newsletter - https://www.shaanpuri.com
Other Cool Stuff:
- MFM Clips Channel - https://www.youtube.com/@ClipMFM
- MFM Merch - https://store.mfmpod.com/
— Show Notes: (0:00) Intro (3:15) Soylent origin story (14:50) Lucy background (17:00) Business Idea 1: Creator-owned VPN (23:20) Business Idea 2: Ammunition Rollup (28:45) How often does Sam think of the Roman Empire? (32:20) Thoughts on Keith Rabois (34:40) Best Twitter follows (36:15) Debate: Lifestyle businesses vs. VC-backed (48:15) Who John’s voting for (51:00) Why AI wrappers are great businesses (53:30) Business Idea 3: Lensa for ChatGPT (57:40) Scam artist telemarketing (1:04:05) Closing thoughts — Links:
- John Coogan Twitter - https://twitter.com/johncoogan
- John Coogan Youtube - https://www.youtube.com/johncooganplus
- Soylent - https://soylent.com/
- Lucy Gum - https://lucy.co/
- Sam's Soylent article - https://tinyurl.com/mu8yhbyv
- Linus Tech Tips - https://www.youtube.com/user/linustechtips
- Anduril - https://www.anduril.com/
- Founders Fund - https://foundersfund.com/
- Keith Rabois - https://twitter.com/rabois
- Sean Parker - https://twitter.com/sparker
- Ligma Johnson - https://tinyurl.com/yx598zcc
- Peter Thiel - https://twitter.com/peterthiel
- Will Hurd - https://twitter.com/WillHurd
- Lensa - https://prisma-ai.com/lensa
- Power Law with John Coogan - https://tinyurl.com/3fdz6axs
— 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://www.youtube.com/channel/UCyaN6mg5u8Cjy2ZI4ikWaug?sub_confirmation=1 🔔 Turn on notifications to stay updated with new uploads Like || Share || Subscribe
SPEAKERS
Shaan Puri
hostCo-host of My First Million and entrepreneur (built Milk Road).
Sam Parr
hostCo-host of My First Million and founder of The Hustle.
EPISODE SUMMARY
In this episode of My First Million, featuring Shaan Puri and Sam Parr, Brainstorming +$1M Business Ideas With Soylent's Co-Founder | ft. John Coogan (#496) explores Soylent co-founder brainstorms contrarian businesses: creator VPNs, ammo rollups, AI John Coogan recounts Soylent’s origin in a hacker-house environment, where minimizing living costs led to an experiment in replacing meals with powders and then turning that experiment into a company.
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