#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts

2021-05-28 · 62 min · 12 entities

episode page audio

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→ discusses Business concept

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Feed category: Business
→ discusses Investing concept

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→ discusses Entrepreneurship concept

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→ hosted by HubSpot company

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Feed author/publisher: Hubspot
→ hosted by Hubspot Media company

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Feed author/publisher: Hubspot Media
→ references Ourfirstmillion website

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Link in episode "#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts": https://facebook.com/groups/ourfirstmillion

Entities found in this episode

concepts 6

mentioned Business concept

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evidence rules-v4
Feed category: Business
mentioned Investing concept

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evidence rules-v4
Feed category: Investing
mentioned Entrepreneurship concept

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evidence rules-v4
Feed category: Entrepreneurship
discusses Business concept

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evidence rules-v4
Feed category: Business
discusses Investing concept

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evidence rules-v4
Feed category: Investing
discusses Entrepreneurship concept

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evidence rules-v4
Feed category: Entrepreneurship

companys 4

mentioned HubSpot company

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Feed author/publisher: Hubspot
mentioned Hubspot Media company

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Feed author/publisher: Hubspot Media
hosted by HubSpot company

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Feed author/publisher: Hubspot
hosted by Hubspot Media company

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Feed author/publisher: Hubspot Media

websites 2

mentioned Ourfirstmillion website

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evidence rules-v4
Link in episode "#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts": https://facebook.com/groups/ourfirstmillion
references Ourfirstmillion website

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evidence rules-v4
Link in episode "#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts": https://facebook.com/groups/ourfirstmillion

Episode description as stored

There are entrepreneurs quietly generating six figures working part-time in the vending machine business. Others have been able to scale to multi-million and even multi-billion-dollar figures in the industry. Shaan (@ShaanVP) and Sam (@TheSamParr) break down the vending machine industry with tons of numbers and exactly how some are pulling it off. The guys transition from a "boring" business to high-tech ones as they break down how Vimeo went from a College Humor project to competing with YouTube and earning an $8b valuation. They also talk about a trendy new pod that generated 500k downloads on its first day and they brainstorm on a fun concept: ghost kitchens for gifts. --------- * 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: * (5:55) How Vimeo became an $8b company * (14:26) The next big social app? * (25:45) The millions to be made in vending machines * (41:35) Ghost kitchens for gifts * (53:00) Post-podcast free talk