My First Million
#101 with Ryan Begelman - How to Succeed Applying Private Equity Structure to Startups
Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.
Show Notes
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Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) bring back Ryan Begelman (@ryanbegelman) for round two on the podcast. In today’s episode you’ll hear: Ryan explains his idea on how high-end cooking classes could make you a million dollars a year (), Ryan talks about some of the very first big name celebrities to join Summit Series (), Shaan asks Ryan if Adam Neumann from WeWork took entity structure too far (), Ryan gives his thesis on how you structure a business following “The Virgin Model” (), Shaan asks Ryan to expand on how to create wealth while still having a great life (), Ryan pulls the curtain back on what it’s like to work in big banking and private equity (), Shaan explains his “sell your byproduct” framework (), Ryan outlines how to grow your business without venture capital (), the guys talk about the psychology behind selling a high-ticket item () Companies and people mentioned: - Ryan Begelman’s website: https://www.ryanbegelman.com/ - Ryan’s companies: https://summit.co/ and https://www.bisnow.com/ - https://websummit.com/ was founded by Paddy Cosgrave (https://en.wikipedia.org/wiki/Paddy_Cosgrave) - Adam Nuemann, WeWork founder: https://en.wikipedia.org/wiki/Adam_Neumann - https://harvesthosts.com/ founded by Joe Holland - Barry Sternlicht (https://en.wikipedia.org/wiki/Barry_Sternlicht) founder of Starwood Capital, and https://en.wikipedia.org/wiki/Baccarat_(company), the company bought. This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.
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