The Simple Newsletter Making $20M+ A Year With 1 Employee

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Episode 603: Sam Parr ( / thesamparr ) and Shaan Puri ( / shaanvp ) talk to Kevin Van Trump ( x.com/KevinVanTrump ) about his journey from rural farm kid, to commodities trader, to creator of a farm newsletter that’s making $20M/year.
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Show Notes:
(0:45) How Sam met Kevin, then got his mind blown
(2:05) Shaan's reaction at his 1st Farmcon experience (Corn futures and options trading)
(4:35) The farmer's theory of the old bear and the young bull
(5:00) How Kevin's newsletter inspired Shaan to start Milk Road
(6:25) Breaking down The Van Trump Report ($18M ARR run by 4 ppl)
(8:05) Rural farm kid gets into trading
(12:28) Farmers operating at the highest level
(13:50) Ag Swag
(16:18) The Van Trump Business Model "People buy value not price"
(19:00) The customer continuum
(20:43) Poker vs chess
(23:57) The decision to do nothing is still a decision
(25:04) Trader v investor
(28:20) How most people should be building wealth
(32:37) Why the wealthy are getting into agriculture
(33:55) The succession plan for farms
(36:00) The economics of professional bull riding
(39:14) The come up of FarmersOnly
(41:15) How to buy a farm
(44:32) Wearables for livestock
(45:18) Blockchaining farms
(47:55) Kevin's take on lab-grown meat
(50:00) Opportunity zones: air, shelter, food, water
(52:35) New trend: trade schools
(54:24) Roll ups for wealth creation
(55:30) How to gain new perspectives (purposefully)
(57:50) Windows vs doors
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Links:
• FARMCON - www.farmcon.com/
• The Van Trump Report - www.vantrumpreport.com/
• AgSwag - agswag.com/
• Bid On Beef - www.bidonbeef.com/
• AcreTrader - acretrader.com/
• Zoetis - www.zoetisus.com/
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Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): bit.ly/SupportShepherd
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Check Out Sam's Stuff:
• Hampton - www.joinhampton.com/
• Ideation Bootcamp - www.ideationbootcamp.co/
• Copy That - copythat.com
• Hampton Wealth Survey - joinhampton.com/wealth
• Sam’s List - samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

[@BasketballBusinessAndBossMoves]

This was my most favorite episode. Y’all have on tech geniuses and people who come from money. I don’t identify with them. I am a 51 year old fat Army veteran from Fayettenam North Carolina. I am middle class. I identify with this guy. He made it. I can make it. (I religiously listen to all your episodes though because my theory is if you listen to winners…it might rub off.)

[@AlaskaJiuJitsu]

Feyettnam!!

[@ARYUSops]

Fayettenam 😂

[@krisb-travel]

yer im british late 30's guy from working class but entrepreneurial, these are always by far my favorite episodes due to relatability, thankfully MFM has stayed focus mostly on these types of entrepreneurs for the most part, i do enjoy the heavy hitting guests too but only a sprinkle of them. Some of the huge entrepreneurs get their start in life with exceptional circumstances so they're less relatable.

[@FragranceCraft]

He is so down to earth and authentic and it is so true what you say, it is so much easier to identify with him than all these marketing gurus, each one of them contradicting what the other one was preaching ... Even without building a business it is such a pleasure to listen to him. He owns every word ❤🎉😊

[@BM_100]

North Carolina looks like an incredible place I love the trees, hills, lakes, etc..

[@ChristianGardner]

FINALLY, ever since that episode you mentioned Kevin I’ve been drooling

[@Prohortico]

As a horticulturist- I LOVE farmers… humble, amazing, wonderful people that you really want to be around…. and generally, WAY more wealthy than you’d ever expect. That’s why most would never expect a newsletter of this type to so wildly successful!

[@geometric8120]

love the way they converse, it is just friends hanging out and talking. love it

[@leesummer5256]

Killing some time on trip I put on the pod,, And mind blown.. the questions you guys asked and the clear answers he gave. I must say this was one of my favorite interviews. It reminded me how down to earth you guys are yet brilliant.. Thank you

[@alfredmanzano680]

Glad you guys made this happen! This was awesome

[@CGStaggs]

And this, folks, is why you never skip the last few minutes of the podcast. Windows and doors

[@TheBillyo13]

Awesome pod. Awesome spectacles.

[@Actionable_wisdom]

Thats one of my all time fav episodes! Cheers lads

[@nico.m527]

Love this guy. Great episode.

[@GiantsOnTheHorizon]

Kevin’s the kind of guy you just want to hang out with. This whole episode felt like a few friends shooting the sh** on a patio in the Midwest.

[@tubopedia]

So excited for this!

[@finwilliams7235]

This guy is insane. Awesome episode, that deck is invaluable

[@kevinlegallais342]

Best episode!! Loved it.

[@forty05]

One of the best guests yet. Great episode!

[@easypeasyrun]

Awesome episode! Thanks to Sam and Shaan for the farm con event sponsorship offer to a select few !! Can I buy those glasses ? :)

[@Runfasthq]

Awesome episode guys. Love this guy.

[@enfiestado]

Exciting! I remember you mentioning him in other episodes

[@dailystockpick]

Shaan - I've been a listener and randomly watching here on KZbin. You're looking great btw - kudos on the fitness journey you're on. It's definitely working!

[@SalesGalvin]

Lol, I watched an old episode recently, he is like a different person!

[@yugeswarreddy4008]

I always wanted u guys to bring him.. finnally ♥️😭😛

[@thenerdyentrepreneur8093]

So glad that they brought him on

[@Macabee_chanukkah]

Wow very interesting & enlightening! I've always been into companies finance stocks etc. It never dawned on me that farming is a business...

[@jwhuebner]

GREAT episode!

[@duesvenatus6237]

This is very inspiring. ❤

[@denthayes4599]

THIS IS WHAT IVE BEEN WAITING FOR FOREVER. GET ME TO FARM CON OH MY LORDDDD

[@mikeymaven]

This is fascinating, I just sighed up for the newsletter and we'll see how it goes from here :)

[@leedsdrumacademy]

Jesus Sam, your hair is looking more golden every week 😂

[@danm1791]

Pure wisdom💡📈

[@augie_johnston]

Great episode!

[@adamoconnell6091]

The 🐐 episode

[@SalesGalvin]

This episode was superb as usual. A great Midwest guy with a Wall Street brain, very refreshing. Also, I drove through Iowa this weekend and it was pouring rain the whole 4 hours and the corn was 5 ft tall....an overproduction this year for sure lol

[@AlexMacGregor]

Wild. Awesome guest.

[@demetriousreed4744]

This was an AMAZING episode…don’t get me wrong most of my friends are tech bros, and people who think they’re the next Elon, or Gods gift to the business world…but that gets old…this was by far top 5 episodes. The variety was great!

[@christopherlaborde1670]

Pure Gold - As advertised!

[@HMuny55]

This is one of the best episodes I’ve watched

[@black-pebble]

Can we get the doc link 😅

[@AlicinChristensen]

What a surprise to wake up to 🔥

[@jondonron]

You should invite more of these people

[@higheredathletics]

This interview was AWESOME

[@yashdes1]

I'm in for the farm con meetup

[@dylanrogan5897]

This guy would love Halter for farming automation and virtual fencing. NZ ingenuity at it's best

[@EliasFaltin]

I love the episodes where a person whose legend you have talked about before, shows up on the show for a whole session!

[@chaitalipatel6116]

This guy is total goat.

[@conniemac7171]

This dudes glasses are a statement lol

[@cozmocrum8691]

Gee look at the room behind him

[@prodRegularDude]

💪😎

[@tracy419]

Are those AR glasses? Almost looks like a camera could be above the bridge of the nose.

[@JacobDunning-n5x]

Nice

[@TuneTuber]

What glasses does Kevin wear?

[@KayFabe87]

They look like Cazal glasses that rappers like Run DMC would wear in the 80’s.

[@etiennemarais7096]

Absolutely One Of The Best Videos I've ever seen. And Exactly 100% Boost Of What I'm going To Build On What I Said I'm going to do. Africa is The Spot For Now. Will Be Worth $5-7 Billion by 2030-35. Ewee

[@kp3509]

How can we learn more about Africa and investing?

[@jebinho10]

Shaan, any chance you can slap a pre-blurred(?) "My First Million" label on your mic so that it's in focus for the pod?

[@TheDiceroni]

Need KVT and Al Doan to mix it up together. Might overdose on positive vibes if that happens!

[@tubopedia]

There were some interesting choppy parts, wondering if this was edited to redact some things he didn't want on the internet. That bull conversation ended somewhat abruptly. My conspiracy theory 40:25

[@tracy419]

AI won't replace plumbers, etc, any time soon, but it will definitely drive down their wages and benefits as more people compete for those jobs.

[@antoniocollins]

8.2

[@StrategicStripping]

Sam: Shaan, have you ever been on a farm? Shaan: No, I don't know where I would go to find a farm... Where do you go? Is it on a map somewhere? LOL

[@firsthelix6726]

Humm… this is a re-upload an old episode!

[@VinnyMickeyRickeyDickeyEddy]

There is no such thing as cows living in pens. All beef is grass fed. Corn finished beef eats corn a couple months before slaughter. maybe there are fringe cases, but I’ve seen 1000s of farms from Cali to Maine.

[@etiennemarais7096]

Go Till I Win

[@Harpreet06]

Ahhh Sam's microphone is killing my left ear, why is it so much louder than the rest? Should be using Seaweed to make sustainable fuel, not soybeans.

[@KayFabe87]

Oil and natural gas are not going anywhere despite all of the wishful thinking.

[@tmercedes89]

This episode is 🧑‍🍳💋

[@YardAdventure]

Kevin is legit! You know he is the real deal when billion dollar companies subscribe to his news letter.

[@TheMaverick_SR]

finally..

[@MrArtist1971]

16:29

[@Bryansantos_1]

Hit 100k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month this 2024 investing with Amelia Jason. I still thank you for the level-headed financial advice…🥂

[@Chloe_emm]

Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!..

[@AbangTrinitas]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors this Amelia Jason is she one?

[@LeaderBebia]

It surprising mrs Amelia Jason is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely .

[@Starkham]

Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?

[@Bryansantos_1]

@@Starkham she's on Telegrams mostly, using the username.

[@HeyWilliamSalas]

Great episode! I almost skipped it because I thought it wasn’t going to be my “thing”. Glad I didn’t!

[@cyprus-selectestates]

White frame around video takes my eyes & focus away

[@jingojingo1]

I think rich people should pay double Regular people: 100$ Rich people: 500$

[@Jasongriffin900]

Fantastic vid! Thanks for sharing and keeping us financially updated, I hit another $34k today day trading all thanks to my Guru

[@JusticeTrivett-zl3le]

Wow that's huge, how do you make that much ? I'm 37 and have been looking for ways to be successful, please how??

[@Jasongriffin900]

Oh, yeah. That was possible with the help of my Guru Jenifer Spencer ❤

[@Jasongriffin900]

She's a licensed broker and successful entrepreneur from the state

[@ArthurSweany]

That's great!!. I don't know anything about investing and I intend to start. What are your strategies?

[@danielhounkanrin3861]

The best strategy is starting with a professional coach, as a beginner who knows little or nothing in forex market

[@dannyquiroz5777]

1:00:30 was your cold open, you blew it.

[@FragranceCraft]

❤🎉

[@steezy124]

Wow Bushwacker died the day after

[@LVRDVADR]

i stopped watching these guys along time ago … this is probably the best episode i’ve seen . normally these 2 smell a steak grilling in the air then start a boxes steak subscription company

[@chefbrian26]

His background is one of the sickest backgrounds out of all your guests

[@traianturcu]

Please stop using the automated AI cutting on videos - it might be ok for listening to the episodes, but it's terrible for watching. Thank you! :)

[@michaelslifecycle]

I think you guys cut him off like 10 times during this interview

[@nicolabenjamin2661]

Great pod, but what’s with all the cursing? 🤷🏾‍♀️

[@dandefox]

It's called authenticity

[@nicolabenjamin2661]

@@dandefox aah that’s what it is! Thank you.

[@AliceCowans]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Kristin Hillsley.

[@AliceCowans]

she's mostly on Telegrams, using the user name.

[@AliceCowans]

@Kristin46

[@TinderSwindler_]

Bot

[@FragranceCraft]

Bit for beef ... Datingsite. Meat market ... 😂 😮 😢

[@adiaston]

Nice