My First Million
#28 - Building Big Ass Fans For Big Ass Money
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
Carey Smith sold Big Ass Fans for Big Ass Money. As you can probably tell, he found a way to make ceilings fans sound sexy, but more importantly a sexy business. Find out how this unconventional self-appointed CBA (Chief Big Ass) turned a failed bootstrapped Mom & Pop into a 1,200 person $500M giant. Hear him talk about re-branding his company name to include ‘Ass’ & how that changed his entire business’ trajectory, a random meeting that turned into selling for half a billion dollars, writing $50M worth of checks to his employees after the sale and how the secret to making money isn’t to make money. Like our podcast? Join our Facebook group to share feedback, ideas and advice so we can all make that first million: www.facebook.com/groups/ourfirstmillion.
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