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My First MillionThis Entrepreneur Makes $100M+ With A Portfolio Of 10 Businesses
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EPISODE INFO
- Released
- June 28, 2022
- Duration
- 1h 1m
- 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 - Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk to tech investor and entrepreneur Michael Girdley (@girdley), about selling fireworks, how to hire great CEOs, and what it takes to operate a holding company with 10 businesses and worth more than $100 million. Also, want $5,000? Check out the My First Million Clips contest (https://www.mfmpod.com/p/clips/). — 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 ----- Links:
- Michael Girdley - https://girdley.com
- Near - https://www.hirewithnear.com
- Alley Corp - https://alleycorp.com/about-us/
- Zola - https://www.zola.com
- Black Rifle Coffee - https://www.blackriflecoffee.com
- Pop Sockets - https://www.popsockets.com
📧: Sign up for The Hustle Daily Newsletter: https://mfmpod.link/zki 🎙️: Download Our Podcast: https://link.chtbl.com/scByGA3e A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ----- Show Notes: (00:00) - Intro (04:03) - How rich are you? (08:52) - Which business is the best cash cow? (15:30) - Waste paper mill in China (20:30) - The anti-advice of Berkshire Hathaway (26:26) - Hiring great CEOs (32:08) - What it takes to run a holdco (55:52) - Unpopular opinions
SPEAKERS
Shaan Puri
hostCo-host of My First Million; entrepreneur and investor (ex-Bebo/Twitch).
Michael Girdley
guestEntrepreneur and holdco operator behind Girdley Enterprises (e.g., Alamo Fireworks, Dura Software).
Sam Parr
hostCo-host of My First Million; founder of The Hustle and entrepreneur.
EPISODE SUMMARY
In this episode of My First Million, featuring Shaan Puri and Michael Girdley, This Entrepreneur Makes $100M+ With A Portfolio Of 10 Businesses explores Inside Michael Girdley’s holdco playbook: cash-flow, compounders, and delegation Michael Girdley describes building Girdley Enterprise as a flexible holding company with roughly 10 major holdings, where he often owns minority stakes rather than 100%.
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