The Premature Millionaire Show is an investigative show that examines why some companies or products failed, stalled, or no longer exist. Join us weekly to learn about why a particular business failed and how we can apply the learnings in our own lives. Support this podcast: https://anchor.fm/momoneymoproblems/support
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Listeners of The Premature Millionaire Show: The Show About Achieving Succes and Learning from Failure that love the show mention: great,TikTok has been all over the news lately. They've even briefly shut down US operations. While it's unclear what the future will look like for TikTok, one thing is for certain: They have changed the social media landscape forever. New Episodes on Wednesdays! Music: Novembers - Come Over If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening!
Quibi was a flash in the pan. They raised a lot of money, took on industry giants, and fizzled out before their names were written in history books. In today's episode, we look at some errors that led to the quick demise of Quibi. New Episodes on Tuesdays! Music: Novembers - Come Over If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening!
The 2010s were arguably the peak of ecommerce. Amazon solidified itself as the greatest e-commerce company of all time, and many other people made themselves millionaires through social media ads. In today's episode, we look at how Wish.com went from dominating the 2010s through dropshipping to being a relic of the past. New Episodes on Tuesdays! Music: Novembers - Come Over If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening!
Have you ever wondered what a private equity success story looks like? All too often, we hear about companies going private via private equity and ultimately going bankrupt. In today's episode, we learn how Barnes and Noble escaped the jaws of death by reimagining what their business should be like. Sources: Jeff Bezos Interview: https://youtu.be/zhRt-IisSaM?si=3NedZhzCHPB3F2bZ Barnes and Noble Financials: https://www.businesswire.com/news/home/20110621005904/en/Barnes-Noble-Reports-Record-Sales-of-7-Billion-in-Fiscal-2011 If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Tariffs can have unpredictable everlasting consequences. Sometimes a tariff on chicken can make F150s the best-selling trucks, and sometimes a quota on Bananas can build the Luxury Market in Asia. Join me as I uncover the banana war, a political battle over a fruit. If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
AI has completely changed how AWS, Microsoft, and Google approach cloud computing. Cloud computing was once thought of as outsourcing IT infrastructure. Cloud computing is no longer how companies store data, it's now a competitive advantage for many companies depending on their chosen provider. In today's episode, we look at why not all companies are created equally. If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Starbucks recently announced a decrease in same-store sales. How can a company that sells things that people are literally addicted to be struggling? In today's episode, we look at why Starbucks might be struggling due to its success. If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Moats are naturally occurring in the business world. Whether you want to create a new life-saving medicine, build a plane, or sell cereal, you face an uphill battle because of a moat. In today's episode, we look at how Rivian was able to carve out its lane in an industry designed to keep new startups out. If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
The future looks like a mix of AI and Mixed reality. Meta's new development product, Orion, could be the future we've all seen coming. In today's episode, we discuss the implications of Meta's Connect event. If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Apple is worth trillions of dollars, so it would only stand to reason that the iPhone is worth at least a trillion as well, right? In today's episode, we explore the idea of the iPhone being the most important product in the world. Sources: Where is the iPhone made? From components to final assembly (androidauthority.com) Charted: Apple's Product Revenue (2007-2023) (visualcapitalist.com) If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Dollar Stores are facing an existential threat from Temu. In today's episode, we learn about how a two-year-old company named Temu is threatening to put an entire company out of business. Time Stamps: 00:00 Intro 1:58 History of Temu 3:16 Reason #1 - Value 4:19 Reason #2 - Selection 5:00 Reason #3 - Flexibility 5:53 Reason#4 - Marketing 6:48 What I think Dollar Stores Can Do If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Chewy is one of the few companies that compete with Amazon in a world where anyone can sell anything online. In today's episode, we explore why one of the best competitive advantages a company can have requires little to no technology. Listen to today's episode to learn how to build an e-commerce company that competes with Amazon. Audio Source: https://www.youtube.com/watch?v=N5uhKKRcBD8 If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
It seems like every day we are reading about a new company closing a funding round that is leading to a lofty valuation. Discover how the internet is revolutionizing the Consumer Packaged Goods (CPG) industry, creating billion-dollar startups that are disrupting traditional markets. In this episode of Business Adventures, we explore the success stories of Liquid Death, Magic Spoon, and Chomps – three innovative companies that have mastered the art of leveraging digital marketing, novel product ideas, and modern technology to achieve unicorn status. Learn about the three-pillar strategy driving these CPG disruptors: Creating unique product concepts Harnessing technology for production and distribution Implementing creative marketing and brand development From canned water with attitude to adult-oriented cereals and clean-ingredient meat snacks, we'll uncover how these brands are changing how consumers choose products. Gain valuable insights into trend-spotting, building passionate fan bases, and cultivating a tech-company mindset in the CPG space. Whether you're an aspiring entrepreneur, a marketing professional, or simply curious about the changing landscape of consumer goods, this episode offers a deep dive into the new era of CPG innovation. Join us to explore how the internet isn't just changing how we chew gum – it's transforming the entire consumer goods industry. --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Side hustles are a good form of extra income. Often you can double, or even triple your income. In today's episode, we learn about, arguably the most successful side hustle of all time, CarMax. Check out my Episode about Jet.com: https://podcasters.spotify.com/pod/show/premillshow/episodes/Remember-When-Walmart-Bought-Costco-e2kat7g If you enjoyed today's episode: Connect on LinkedIn: www.linkedin.com/in/david-dooley-aa919285 Leave a Review on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324 Consider Subscribing: https://podcasters.spotify.com/pod/show/premillshow Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
In rural America, there are only a few certain things, the town shuts down after 9 pm, you're going to be stuck behind a tractor at some point, and gas station pizza hits different. In today's episode, we analyze Hunt Brothers Pizza and learn about how they buck the trends of modern entrepreneurship. Check my episode on how Foot Locker Saved Malls If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
There was a point in time not too long ago when people bought things in-store instead of online. Jet.com was one of the pioneering companies for how we do business today. In today's episode, we cover the fundamental way of how to retail, and why Walmart spent billions on a team of people. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Today's episode jumps into some of the reasons why people are returning their Apple Vision Pro headsets. Meta seems to be engaged in an existential war with Apple for the headset market, and the early indicators are pointing to one company over the other. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
NVidia is almost worth $2T. Is their market cap justified? Everything NVidia seems to do seems to turn into a cash cow. In today's episode, we cover why Nvidia is so valuable, its relationship with AI, and what its competition looks like. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
AI has taken the world by storm. Every publication and podcast talks about how much it will change your life and how things will never be the same again. While I do think that will happen, I think there is another monumental shift that is coming down the road. In today's episode, I dive into why I think another company will topple Apple's valuation in the future. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Time to break out your old walkman, zip up the jacket with 20 zippers, and put on some leg warmers because we're jumping back to the 80s to learn about why Japan was so dominant. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Big Dating Apps are manipulating your love life in the name of making money. Tune in to hear why you might be single because you are using apps that don't care if you find love. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
In today's adventure, we cover why ghost kitchens are doomed. We look at why they are popular, and why people will ultimately stop caring for them if we continue down this path. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
How is the person who is responsible for making the Apple store cool, the same person who made JCPenney fail? In today's episode, we dive into how JCPenney made critical mistakes at the worst time that sent them heading into bankruptcy. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
At one point in time America was home to over 1500 malls. You couldn't get through a holiday season or a weekend without visiting a mall. Fast forward to the rise of online retailing and you realize that we have been talking about the end of malls for awhile now. Why do they still exist? Today's episode is a deep dive into why Malls haven't completely shut down just because you can buy everything in them online. If you enjoyed today's episode: Connect on LinkedIn Leave a Review on Apple Podcasts Consider Subscribing Leave a Rating on Spotify! Thanks for listening! --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
In today's episode we dive into a radical idea that we may not be where we want to be in life because we haven't bought enough toys and fancy things. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
Today's episode is all about if the FED has successfully guided us from a recession. In this episode I cover what a soft landing looks like, who's saying what, and what are some things for us to worry about down the line. Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://podcasters.spotify.com/pod/show/premillshow/support
In this episode of The Premature Millionaire Show, we're going to talk about four successful side hustles that grew into thriving businesses. We'll explore the journeys of entrepreneurs who started with a side hustle and turned it into a successful business. From companies like Life is Good to Spanx, we cover how the entrepreneurs didn't quit their day job to achieve their dreams. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
In today's episode we dive in on how some pretty obvious side hustles can become $100M businesses. Nothing in this list requires advanced degrees, and they all are pretty simple business models. Tune in to hear my thoughts. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode we jump into changing your life around. Today's episode is mostly motivational, but it hits on a few key points. Listen to this episode if you want to get out of debt, or turn your financial life around in a short period of time. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
In this episode, we'll be discussing the top skills that can help you succeed in your side hustle. Whether you're looking to earn some extra income or turn your passion project into a full-time business, having the right skills can make all the difference. Overall, this episode will provide valuable insights and practical advice for anyone looking to build a successful side hustle. Whether you're just starting out or looking to take your business to the next level, these skills will help you achieve your goals and thrive as a solopreneur. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
In this episode, we're going to dive into the world of investing and explore the differences between noobs and pros. We'll explore how the wealthy invest their money, and how ordinary people can follow their lead to make millions. We'll also talk about the common mistakes that noobs make when investing, and how to avoid them. Whether you're new to investing or a seasoned pro, this episode will provide valuable insights into how to invest to make millions. Join us for this exciting and informative episode that will teach you how to invest like a pro and achieve financial freedom. Whether you're looking to build wealth over time or make a quick buck, this episode will provide valuable insights and strategies to help you achieve your goals. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
In this episode, we dive into the world of artificial intelligence (AI) and explore the ways in which it can help you make more money and future proof your career. From finance to marketing, AI is revolutionizing the way we do business, and those who learn how to harness its power stand to gain a significant advantage. Today I explain why using AI for automation, self improvement, and not using it like a business or as a get rich quick tool are the best philosophies to use when interacting with AI. Join us for this eye-opening episode that will teach you how to leverage AI to your advantage and prepare for a future that is increasingly being shaped by technology. Whether you're a business owner or a career professional, this is a must-listen episode that will help you stay ahead of the curve. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode talks about drop servicing, DALL-E, Field Agent, and Moving. An extra $1000 a month can be the difference between retiring in 10 years or 30. With these 4 ideas, you'll be able to capitalize on the ability to retire early before robots take over. Check out DALL-E: https://openai.com/dall-e-2/ Check out Field Agent: https://www.fieldagent.net/ Check out Moving Helper: https://movinghelper.com/ Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is about how you should think about money to become wealthy. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is about how to cash in during a recession. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about what people question the most when it comes to personal finance. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about becoming a millionaire or billionaire. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about avoiding bad advice that doesn't fit you. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about reselling. Listen and Enjoy :) --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about focusing on practical financial advice. Audio Source: https://www.youtube.com/watch?v=aVmcJfvkC0g Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about what type of attitude you can have towards money. Audio Source: https://www.youtube.com/watch?v=Gg8_TA7U0Uw Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about using what you have to reach your goals. Audio Source: https://www.youtube.com/watch?v=T_41pIDlKc0 Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about focusing on your future. Audio Source: https://www.youtube.com/watch?v=URES59zcNyg Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is how to be prepared during a recession. Audio Source: https://www.youtube.com/watch?v=j9vL6K2Yop0&t=0s Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about avoiding money pitfalls. Audio Source: https://www.youtube.com/watch?v=wmkWMaGuTBQ Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is a list of personal finance lessons that could be exactly what you need to be successful. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is all about what helped Warren Buffet get rich in the stock market. Audio Source: https://www.youtube.com/watch?v=xvAOaKJ8Meo Listen and Learn :) --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is based on wisdom from Security Analysis by Ben Graham and David Dodd. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today we look at Zillow's earnings to see if their guidance tells us anything about the real estate market. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today we take a look at FAANG and determine if we should be worried about it. Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support
Today's episode is discussing some of the top goals a premature millionaire should achieve before turning 30. These are things that I have found valuable in my quest to become a millionaire. Don't forget to leave a review on Spotify if you like the episode! Listen and Enjoy :) Here is my Motivation Podcast Connect with me on LinkedIn Leave a Review --- Support this podcast: https://anchor.fm/premillshow/support