#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future

2021-06-23 · 65 min · 12 entities

episode page audio

Asserted relationships

→ discusses Business concept

0.40

evidence rules-v4
Feed category: Business
→ discusses Investing concept

0.40

evidence rules-v4
Feed category: Investing
→ discusses Entrepreneurship concept

0.40

evidence rules-v4
Feed category: Entrepreneurship
→ hosted by HubSpot company

0.40

evidence rules-v4
Feed author/publisher: Hubspot
→ hosted by Hubspot Media company

0.40

evidence rules-v4
Feed author/publisher: Hubspot Media
→ references Ourfirstmillion website

0.38

evidence rules-v4
Link in episode "#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future": https://facebook.com/groups/ourfirstmillion

Entities found in this episode

concepts 6

mentioned Business concept

0.50

evidence rules-v4
Feed category: Business
mentioned Investing concept

0.50

evidence rules-v4
Feed category: Investing
mentioned Entrepreneurship concept

0.50

evidence rules-v4
Feed category: Entrepreneurship
discusses Business concept

0.40

evidence rules-v4
Feed category: Business
discusses Investing concept

0.40

evidence rules-v4
Feed category: Investing
discusses Entrepreneurship concept

0.40

evidence rules-v4
Feed category: Entrepreneurship

companys 4

mentioned HubSpot company

0.70

evidence rules-v4
Feed author/publisher: Hubspot
mentioned Hubspot Media company

0.70

evidence rules-v4
Feed author/publisher: Hubspot Media
hosted by HubSpot company

0.40

evidence rules-v4
Feed author/publisher: Hubspot
hosted by Hubspot Media company

0.40

evidence rules-v4
Feed author/publisher: Hubspot Media

websites 2

mentioned Ourfirstmillion website

0.45

evidence rules-v4
Link in episode "#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future": https://facebook.com/groups/ourfirstmillion
references Ourfirstmillion website

0.38

evidence rules-v4
Link in episode "#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future": https://facebook.com/groups/ourfirstmillion

Episode description as stored

Shaan (@ShaanVP) and Sam (@TheSamParr) go in depth on how the Sweepstakes industry works, and Sam shares how they would use sweepstakes to grow the Hustle. The guys also discuss a business friendly take on deep fakes, a no-chicken chicken nugget, and how options contacts could work for startup founders. They end the episode with a long segment where Shaan predicts what the next version of today's big companies will look like. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:20) Recap of episode * (6:36) Brick and mortar businesses * (10:45) Losing millions with shipping delays * (14:26) Oasis - a positive spin on deep fakes * (23:23) Multi-million dollar sweepstakes businesses * (36:39) How the Hustle thought about user acquisition * (41:12) The chicken-free chicken nugget * (44:09) Options contracts for startups * (50:16) The Future: Shaan gazes into a crystal ball * (51:13) The Future: Apple * (51:56) The Future: Facebook * (53:23) The Future: Amazon * (54:31) The Future: 7/11 * (55:28) The Future: Netflix * (56:55) The Future: Pornhub * (57:53) The Future: Domino's * (59:30) Episode close