Asking A $100M/Year Founder For Profitable Business Ideas (

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Episode 413: Sam Parr ( / thesamparr ) and Shaan Puri ( / shaanvp ) talk with Anand Sanwal ( / asanwal ) CEO and co-founder of CB Insights, about how Anand built his companies, the importance of data, small business niches that are growing, and much more.
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Links:
* CB Insights - www.cbinsights.com
* RebelGirls - www.rebelgirls.com/collection...
* USNews Best Colleges - www.usnews.com/best-colleges
* McCormick Corporation - www.mccormickcorporation.com
* Anand's Twitter - / asanwal
* How To Manage And Sell A Company In An Industry And A Country You Don’t Know - www.cbinsights.com/research/t...
📧: Sign up for The Hustle Daily Newsletter: mfmpod.link/xon
🎙️: Download Our Podcast: link.chtbl.com/Xq6lWi3m
A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.
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Show Notes:
(00:00) - Intro
(00:40) - Anand's Background
(04:01) - "Sawdust Data" businesses
(08:17) - Tiny but growing niches
(12:38) - Daily executive briefing email
(17:32) - Pricing data business
(24:06) - Broke & Busted College Rankings
(30:33) - McCormick Spice Competitor
(41:59) - How To Manage And Sell A Company In An Industry And A Country You Don’t Know
(48:56) - Adani Group Collapse & spotting scams
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[@MyFirstMillionPod]

Do us a favor and rate the episode 1-10 (no 7s or 8s allowed)

[@RaviPatel-wi7xk]

8.5

[@BK-uf6xm]

9, would’ve been 10 but ended too early SMH 🙄 🙄😂😂

[@moneywisebyhampton]

pin the comment

[@TUNEUSWellness]

Solid 9, he is a really insightful guest. Would be a 10 if you got to more of his ideas list, I’m sure there’s tons of great ones to share. Would love if you all had him back on to cover more of his ideas. Also it would be really cool if you did an episode interviewing a few listeners who took an idea from the show and made a business out of it. Would be inspirational and great to hear the process and tactics of entrepreneurs getting a new idea off the ground.

[@living_water-]

10

[@13hubi13]

Guys i always listen to your videos while working night shift at my cnc milling job here in tyrol, austria. Just wanna say thank you for the work you do. Its like hanging out with way smarter people and here at my place i always think im the smartest so i enjoy it very much. I will go trough every single video of you guys and make a list with every business idea you mention.

[@matts9728]

Now you should package that list and sell it to entrepreneurs

[@13hubi13]

@@matts9728 if someone would be interested in such a list, sure why not. But its still a lot of listening until i have a decent list together. I wanna have at least 100 to 200 or more great ideas in it.

[@tobiasgrb00]

Great idea thought about the same😅

[@13hubi13]

@@xsw882 thats also smart yes 😊

[@CoDyaC7]

I will pay you 100 $ for the List :)

[@SsooFfetch]

Haven’t even watched it yet and I smashed the like button! So so much for respect for Anand, happy to finally see him in this format! Thanks guys! 💪🏼

[@dondolcevita]

The retail side of McCormick spices is just one portion of their whole business. A small potato chip factory can go through 10-20 20 pound boxes of McCormick seasoning a day. Multiply that times all of the prepared food made in the USA. A high end consumer brand would be a much smaller market.

[@abemelloh5212]

More of Anand please. Excellent interview.

[@RadicalNuance]

Thanks for the pod guys. While I’m writing out boring SOPs for my polite-cold-email agency in Nairobi, Kenya, I’m listening to the pod, which feels like a great hang. I still believe you should build a community on top of MFM as so many values and interests are priced in to being a loyal listener. I now hire based on podcast diet instead of CVs and MFM can’t be a part of it!

[@john_iezzi]

Before this episode I had never heard of McCormick. I opened my spice cabinet and had 5 McCormick brand spices staring at me

[@peterjones9087]

Love the pod when it's back to basics talking about cool business ideas.

[@real23lions]

This is one of the best episodes. Anand is amazing. And brought the best out of both of you. A+++

[@jonathanpalmer4243]

Building data assets from contribution models is something I spend a lot of time on. 100% agree about private data being increasingly valuable.

[@sheilakay4138]

Definitely do a part 2! Great guest🤗

[@gk6062]

Excellent episode. I appreciate your time gentlemen. Very interesting guest too.

[@BK-uf6xm]

Part 2 plz!! Great guest

[@dominiquezivkovich-brady]

Really liked this guy. Popped over from Podcasts to comment 🙂

[@1binufrancis]

Rarely do you find people who're educated about pop culture and B2B Businesses in the same way you see Anand here. Love it! He's up there with Andrew Wilkinson in terms of ideas/value per minute listened on this pod

[@UppiliVentures]

This is one of my fav ones - this guy is epic and humble ☝🏽

[@MTulak]

This guy is fantastic. Love the ideas.

[@merekvanbylandt6022]

Part 2. Great guest!

[@andremorales4848]

Definitely looking forward to a part 2

[@chakshuvats]

Got Anand on the show. Brilliant!

[@yurisinclair4160]

We need Part 2!

[@living_water-]

Part two...definitely!

[@SherkhanTheMagnificent]

Great Guest.. Anand is awesome.

[@RaviPatel-wi7xk]

WE NEED PART 2!!!!!

[@michaelpichardo]

Need a part 2!!

[@garypick]

Cision is more of a PR company. A consortium went through the PR market and purchased companies in the PR / media intelligence space. Cision was not a great company but they raised something like $1B and just went shopping for successful companies.

[@kostik]

Please do part II

[@kakomamakondo8884]

I really liked this one cause it opened my mind to alot of things and these ideas can be applied to other continents like Africa

[@alwayscreatingio]

new thumbnail format?

[@paulTimothyk]

We want part 2

[@Terex39]

Amazing podcast

[@rharald7539]

Chapter 2 is definitely needed. Great ideas 👍🏽

[@peterjones9087]

yes

[@serval8951]

I think he can easily fill four episodes. triple A guest.

[@uvkush]

i feel the thumbnail

[@anilmenon3927]

Yes definitely part 2 plz

[@Moneyaccion]

One of the best episodes ever. Need to bring him back.

[@zac.g]

Data dyson. Rating: somewhere between 6/10 and 9/10

[@yasaswisriram1285]

Nice video Guys!!

[@ProRallyDriver]

What brand is your shirt?

[@Eazpezey]

This gentleman is so freaking smart!

[@camallen_]

DO PART TOOOOOOOO

[@ProRallyDriver]

What brand is that shirt Shaan?

[@Alex-Gatz]

How do I get ahold of the spreadsheet with the 77 buisness ideas breakdown? 😅

[@tirthb]

V2 please

[@MrFiglis]

5 mins in and im convinced hes a genius!

[@slamegarobinson]

part 2 is much needed

[@sachingarg.me1]

Listen to this episode with a notepad

[@peterjones9087]

Epic best guest

[@13hubi13]

That school would be awesome. Imagine creating a school where kids learn everything about Business and ecommerce im sure over 90% of the students would get very wealthy if you teach them how to win in the ecom World instead of teaching them stuff they never need in life.

[@wmfbmp5743]

yeah i wish i had that school instead of the regular college i went to

[@strengthandsunshine]

The fact that they don't know the major huge massive brand McCormick....

[@mohdmajid1]

Need more guests like this on the pod and not con-men like Mcfarland

[@rachityadav5187]

Plase let Anand talk as well.

[@real23lions]

23:46 is the moment Sam fell in love with Anand 😂

[@phillipcoleman]

9. How about a few sessions for entrepreneur's who don't code.

[@PankajDoharey]

This guy is a genius.

[@somericesomechicken]

Share the google sheet from the guest lol

[@stealthoverflow]

Adani deserves what's coming their way. It was always basically a game of getting the biggest government contracts with their political reach to just keep on getting more and more firms to IPO in the Indian stock market for them. There was never even remotely innovative or enabling the growth of people/nation for them, which is what they usually marketed themselves as. I just hope not many common people lose their money in this debacle but this correction was much needed. But tbh, I still doubt that they'll have a hard time coming back up. They basically run India. If you have a country's government behind you, totally consciously , there's no way you can just totally fail. And trust me when I say it, the government is behind them almost at a shameless level at this point. They barely even hide it. (I hope this video doesn't blow up, or I might end up getting some goons calling me or the police harassing me on the grounds of "defamation")

[@MuadhA]

that's my ceo

[@James-mk8jp]

Sam is looking lean!

[@dejiokusanya8312]

The United States will see a wave of college closings in the next decade. There aren't enough student, the birth rate collapsed following the 2008 financial downturn, kid born during those years are reaching college now and there's less of them.

[@SingularityLabsAI]

$100M was the 2022 acquisition offer. Strange that $100M/yr business is getting only $100M acquisition offer?

[@merekvanbylandt6022]

Shaans lookin skinny. Let’s gooo

[@SimRacingNederland]

HD Boyss

[@brentdavidson1]

non-skipppable hubspot ad is annoying af can't you at least make it cool?

[@bojan_najdov]

In this episode Anand is a data Dyson Shaan goes an inch deep Shaan plays the race card - 11:45 Sam forgets all about the gentleman’s agreement Anand thinks a business making $10s of millions is a side hustle… 13:02 Sam thinks because Anand is Indian he will know a lot about the Adani Group Collapse 52:25 Business idea: Find a popular white person brand, and create the black/indian/asian version of it - Play the race card bros and 5 female subscribers

[@lorddanieldoh]

what's an example of something like this that exists.

[@susanwojak7615]

@@lorddanieldoh they were talking about a black dude that does this in another episode where they award contracts to minorities for esg stuff

[@lorddanieldoh]

@@susanwojak7615 yeah Magic Johnson, I know the Ep. But I mean doing this without the ESG and just a regular brand

[@Monday_media]

Gentleman's agreement completed. Guys, let's get MFM to 200k

[@Clyde.artwork]

LOVE the show, hate the intro music.

[@chrisbossman1978]

Your podcast is amazing guys, great guests and great content. I am sitting in the UK and I'm thinking why is it always the Americans that come up with the great ideas

[@malik7922]

💢

[@mohdmajid1]

Adani is definitely a crook

[@TheMangz1611]

But his stocks are on the up side

[@alexemilcar6525]

I need Sam and Anand to have a 1:1 without Shaan (pause). I love Shaan, but Sam and Anand will go deep (pause) on nothing but data businesses.

[@peterparkerlovesmj]

Try not to laugh at the guest’s deceased father’s business next time.

[@theartificialintelligencebiz]

Sounds like he came from rich parents

[@Evangelostaxiarchis]

we are the future of email marketing nolimitenmails is different