Published On Feb 21, 2024
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Episode 553: Shaan Puri (  / shaanvp  ) and Sam Parr (  / thesamparr  ) talk to Syed Balkhi about the business ideas he would go after if he wasnât already running WPBeginner.
Watch Syed's $0 To +$100M story here:    â˘Â From $0 To +$100M With Gas Stations &... Â
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Show Notes:
(0:00) Intro
(3:30) Offshore bookkeeping
(6:00) Level it up with reseller and white label
(9:30) Sourcing your outsourced talent
(13:00) Barnacle on the Whale: Quickbooks plugins
(20:00) The most powerful idea of our generation
(23:30) X but open source (x= popular platform)
(28:30) Creating disproportionate value
(32:30) Flavors of capital funds
(40:30) Is $10-50M the perfect amount in the bank?
(46:30) First you own your things, then they own you
(48:30) The true cost of luxury
(53:30) Paid marketing vs. acquiring resellers
(59:00) Compounding goodwill is the best form of compounding
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Links:
⢠Syed Balkhi Twitter -   / syedbalkhi Â
⢠WPBeginner - https://www.wpbeginner.com/
⢠Appflowy - https://www.appflowy.io/
⢠Stability AI - https://stability.ai/
⢠Cal.com - http://cal.com/
⢠OSS Capital Twitter - http://tinyurl.com/ynvpmu7j
⢠Automattic - https://automattic.com/
⢠WooCommerce - https://wordpress.org/plugins/woocomm...
⢠CleanShot X - https://cleanshot.com/
⢠GitLab - https://about.gitlab.com/
⢠Guy Spier - https://www.guyspier.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 â itâs called Shepherd (tell âem Shaan sent you): https://bit.ly/SupportShepherd
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Check Out Sam's Stuff:
⢠Hampton - https://www.joinhampton.com/
⢠Ideation Bootcamp - https://www.ideationbootcamp.co/
⢠Copy That - https://copythat.com
⢠Hampton Wealth Survey - https://joinhampton.com/wealth
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
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