My First Million
#217 - Why Direct-to-Consumer Companies Are Awesome to Own
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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In this episode Shaan (@ShaanVP) and Sam (@theSamParr) debate the merits of owning and operating a direct-to-consumer e-commerce business. Shaan breaks down some of the basic ins-and-outs you should look for with ad spends and purchase multipliers. They also discuss the state of economy and whether or not we are in a bubble (or rather, many bubbles), a new NFT project called Loot, the recent raises of Whoop and Allbirds, and Sam's friends Bitcoin gamble.
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* The Everything Bubble: https://blog.ftx.com/blog/the-everything-bubble/
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Show notes:
* () Back to school
* () A psychedelic story
* () The story that lead to a breathwork app
* () An event better than SoulCycle
* () The ranch retreat for deeper connections
* () The 2018 Bitcoin gamble
* () The Everything Bubble
* () Loot - 10 words of gibberish
* () Thoughts on Whoop's recent round & Allbirds S-1
* () Why DTC companies are awesome
* () Shaan's award show
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