How Sam Parr Comes Up With $10,000,000 Dollar Business Ideas (#62)

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What matters most - ideas or execution?
Sam Parr (Founder of The Hustle and Host of My First Million) sits down with Kipp and Kieran on how to become an idea generation machine - figuring out if your idea is worth millions, unraveling the fear behind the insecurity of taking risks, how to execute on your ideas, the power of simplifying things, and behind the scenes look at how Sam studies business models to create his own ideas.
About Sam Parr
He is the founder of The Hustle (acquired by HubSpot in 2021) and founder and co-host of My First Million podcast.
Links
Sam’s Twitter / thesamparr
Sam’s Podcast www.mfmpod.com/
Companies House www.gov.uk/government/organis...
Compare Tech www.compare-tech.com/
Similar Web www.similarweb.com/
Crunchy Roll www.crunchyroll.com/
Tech Target www.techtarget.com/
Web Archive web.archive.org/
Facebook Ad Archive / library
Moat www.moat.com/
SEMrush www.semrush.com/
Jungle Scout www.junglescout.com/
Glassdoor www.glassdoor.com/index.htm
Newspapers.com www.newspapers.com/
Timestamps
0:00 Intro
1:31 How Sam uses HubSpot
1:53 Controversial take on "Ideas are cheap, it's how you execute is what matters"
3:41 Kevin Ryan story
5:54 Is it the idea that matters or the ability to validate ideas?
8:32 How Sam validated his idea for The Hustle
11:30 How Sam validates ideas
11:51 Don't overthink things
13:21 Modeling the next 6-12 months of your idea
17:52 Sam's toolbox for research + proves his research by creating an erotic website
29:41 Curiosity is a billion dollar skill
30:57 Assumptions are important
32:07 Everyone is insecure
32:25 Hustlecon story
34:50 Are companies boring cause they're afraid?
35:49 Stop operationalizing everything
38:05 Celebrating failures at The Hustle
39:22 The point of researching is to normalize fear
39:45 How you can tell when someone is insecure
39:57 Know when someone is dumb
40:27 Kieran's sketchy past
40:46 Story of the richest stupidest people alive
42:34 Learning marketing in unconventional ways
45:04 Sam's list of resources he uses
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About the Show
In this weekly show, HubSpot’s CMO and SVP of Marketing, Kipp Bodnar and Kieran Flanagan, share their marketing expertise - unfiltered in the details, the truth, and like nobody tells it to you. Tune in for high-level perspective, conversation, and the occasional argument as they serve up an honest-to-goodness sense of how you can move your business forward!

[@samparr9899]

Thanks for having me!

[@angelocean365]

@sam parr Bro you literally laid out the fucking Playbook! How selfless of you! I've been consuming your content over the last few months and you are incredibly evolved. You have been able to take those icky feelings like jealousy, envy, doubt, procrastination and recycled them into the furnace powering your manifesting machine. BRA fucking VO man! Forever grateful to you for shining your light and inspiring folks to take off the cement shoes and start running the race!

[@moneymakingsim4314]

@@angelocean365 👏🏼👏🏼👏🏼 Yes, Yes Yes!! Bruv honestly, I don’t think he realizes how much his down home, real world, no BS business and life philosophies hits us in the chest..Sorta like a helmet slap and lecture from a football coach..Listening to him and Shaan on MFM literally saved my life smdh…He had an episode where he candidly spoke about his battle with addiction that resonated the most.. He accepted it, got help and continued to crush it in fitness, business and marriage! Mind you, he came from the ghettoes of Missouri and didn’t let it define who he is!.The ONLY business influencer that’s TRULY been on both sides of the coin. Salute to my guy!🫡💯💯💪🏻💪🏻💪🏻

[@kippbodnar7382]

Thanks for coming on Sam!! Loved the details around all the tools you use.

[@stealthoverflow]

I am glad I found this podcast before it has ACTUALLY blown up here. Love it. Will continue to follow you guys.

[@moneymakingsim4314]

Damn Sam! You dropped sooo many gems in this interview!…. (Call you a sloppy jewel thief)😂😂.. Love the line at 2:29!!!: “There’s 2 categories of people. #1- Those that talk about doing stuff… and #2. Those that Do stuff”. …….. Story of so many lives!!. When we see your name, we click!💯💪🏻💪🏻💪🏻💪🏻

[@RAZASHARP]

THIS IS AN AWESOME CHANNEL! JUST STARTING A MEDIA AGENCY...PERFECT TIMING...LETSSSGOOOO

[@searchbrat]

Love this episode, thanks for coming on Sam, great tips on how to go from idea to live working idea

[@melanieromero1973]

Excited to use these resources!! 🙌🏼

[@ChrisSwafford1]

Congrats on the channel! Just subbed.

[@abbyg8958]

Thank you for sharing the great resources!!

[@sun-ship]

This is amazing. Ty very much for this content.

[@jaypar7604]

Sam Parr trained to go, on episode (#62)! Your execution of an idea generator was superb. Thanks to you I get to look at my whiteboard like a hurricane.

[@BjarneButler]

Great video. Subscribed 👍

[@nareshmeetei]

This is gold

[@jessieclarke9262]

I love hearing how smart/successful people think so this is great 👍🏼

[@darrenclarke4450]

I liked the part about Back stage at Hustle Con, Sam

[@darrenclarke4450]

Great classic Marketing books: Scientific Advertising by Claude C. Hopkins Ogilvy on Advertising by David Ogilvy Breakthrough Advertising by Eugene M. Schwartz

[@kyledenhoff8854]

A Masterclass in Brand Planning by Stephen King is the best book on marketing I've ever read.

[@AlmostHuman_]

wheres the super thanks button? :) .. Thanksss

[@Tenacious_Legend]

9:00 Nice question

[@RatherBeCancelledThanHandled]

Based

[@matthewnguyen5829]

117 Suscriber! Lets Go

[@karlveske8560]

"yellow books on how stuff works" - did Sam mean X for dummies series? Or am i missing out on smth....?

[@kippbodnar7382]

He didn’t say yellow. He said “you know” just sounded like yellow. Lol

[@karlveske8560]

Lol - dunno where I pulled that "yellow" part.

[@hassaannoor]

southern Sam's vocals as smooth as as Meg's legs

[@dylanjardon7136]

timestamps plz

[@darrenclarke4450]

Good call, we will add those in!

[@MATGpod]

Thanks for the suggestion! We've added timestamps to our description

[@allmusicplays]

How can you build relationships and your business when you are sad, depressed, scared of people and pessimistic about your own ideas thoughts having little to no self esteem.