The Man Behind MrBeast’s $500M Business Portfolio (#475)

ℹ️ EPISODE INFO

Released

July 18, 2023

Duration

1h 18m

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 475: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) talk to CEO of Night Media & Mr. Beast’s Manager — Reed Duchscher (https://twitter.com/Reedjd) — about his agency, his favorite creator businesses, why he chose to go up against Hershey’s with Feastables, and more. — 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 ----- Show Notes: (0:00) - Intro (03:45) - Are Talent Management Agencies Good or Bad Businesses? (12:00) - Night Media’s Org Structure (23:35) - How Kick is Overtaking Twitch (26:00) - How Reed Finds CEOs for Creator Businesses (like Feastables) (28:50) - Why Creator Businesses are Challenging (29:50) - How Logan Paul & KSI started Prime (35:00) - Why Reed & Mr. Beast Feastables is a Massive Opportunity (41:00) - How Will Feastables Play Out? (48:30) - Reed’s Favorite Creator Businesses (Mainstream + Niche) (1:02:50) - Reed's Thoughts on Twitter vs. Threads (1:08:30) - Would Reed Sell Night Media? ----- Links:

• Ithaca Holdings - https://hybecorp.com/eng/news/news/189?companyCode=ALL&page=0

• Night Media - https://www.night.co/

• Kick - https://kick.com/

• Prime - https://drinkprime.com/

• Rare Candy - https://rarecandy.com/

• Chamberlain Coffee - https://chamberlaincoffee.com

• Dhar Mann - https://www.youtube.com/channel/UC_hK9fOxyy_TM8FJGXIyG8Q

• Ryan Hall Y’all - https://www.youtube.com/@RyanHallYall

• Millennial Farmer - https://www.youtube.com/channel/UCp0rRUsMDlJ1meYAQ6_37Dw

• Cole The Cornstar - https://www.youtube.com/c/ColeTheCornstar

• Blake Robbins - https://twitter.com/blakeir / 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

  host

  Entrepreneur and co-host of My First Million.

• Sam Parr

  host

  Entrepreneur, founder of The Hustle, and co-host of My First Million.

• Reed Duchscher

  guest

  Founder/CEO of Night Media and manager of major creators including MrBeast.

🧾 EPISODE SUMMARY

In this episode of My First Million, featuring Shaan Puri and Sam Parr, The Man Behind MrBeast’s $500M Business Portfolio (#475) explores How Night builds creator-led companies, from Kick to Feastables scale Reed Duchscher describes Night as a “creator holding company” built around talent management but expanded into a venture studio, a production studio, and investing vehicles including a $20M fund and a $100M growth vehicle.

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