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Episode 707: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Ankur Nagpal ( https://x.com/ankurnagpal ) about IRS loopholes that can help you grow your net worth plus Ankur shares 6 business ideas. See Ankur in person at the OOO SUMMIT on Friday, May 16th - https://lu.ma/2025 — Show Notes: (0:00) Ankur's portfolio experiment (10:46) A case for direct indexing (16:29) Super backdoor roth conversions (20:59) Mega backdoor conversion (23:52) IDEA: Executive Clinic for Aesthetics (32:32) IDEA: Amish Farm Imports (36:18) IDEA: Credit Card Agent (43:01) IDEA: Homeownership app (47:35) IDEA: Padel club (56:31) IDEA: Buying a sports team — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/dvj • Teachable - https://teachable.com/ • Carry - https://carry.com/ • Frec - https://frec.com/ • Superpower - https://superpower.com/ • Flightfox - https://www.flightfox.com/ • Seats.aero - https://seats.aero/ • Home Depot Workshops - https://www.homedepot.com/c/kids-workshop • The OOO Summit - https://lu.ma/2025 — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. — 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 • Sam's List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
Paul Graham is a programmer, writer, investor, and co-founder of the influential startup accelerator and seed capital firm Y Combinator. In 1995, he and Robert Morris started Viaweb, the first software as a service company. Viaweb was acquired by Yahoo in 1998, where it became Yahoo Store.Y Combinator is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Stripe, Airbnb, Cruise, PagerDuty, DoorDash, Coinbase, Instacart, Dropbox, Twitch, Flightfox, and Reddit.Paul is the author of On Lisp, ANSI Common Lisp, and Hackers & Painters. He has an AB from Cornell and a Ph.D. in Computer Science from Harvard.
Have you wondered on how we plan and book our travel? Find amazing places to stay around the world? In this episode, we reveal our secrets on how we do this. In this episode we share 10+ years of their travel lifestyle and give you insights from their very best curated experiences. We all know that feeling of getting off a plane for the first time, arriving at our destination, being so hungry and tired, we literally blow a bunch of our trips budget in a tourist trap restaurant in the cities main square, just to fuel our desperation. The No.1 tip any traveller should hold to, is prior planning. Alex researches the heck out of every detail before he even book the flights. Infact, the flights aren't the first thing he looks for. It's essential to find the right place in the right location, that is at the heart of your interests. Are you looking for a beach holiday, a city break or something in nature. All of these options come with their own unique requirements, and planning is the only way to maximise your experience whatever your interests are. “Travel is the way to self discovery, each time you do it, you know more about what you like, what suits you and what your tastes are” - Alex Ikonn [11:00] Alex and Mimi share all the tools and secrets they use to make every trip like a dream experience. And you can do it too. You'll hear this and much more: How exploring your own city for new experiences that you didn't know were there, can be just as fun, rewarding and cheaper than travel Why you should set your expectations before you go? Be realistic. Budget Vs Luxury, when is it time to drop the lower quality option? From maps to flights, hotels and restaurants, Google should be your first choice tool for travel. Get a clear idea of the location before you choose by pinning your findings to Maps and Pinterest Visualise your surroundings in advance with street view. Prepackaged vacations are fine if you want a lazy, no pressure vacation, but they don't maximise your possibilities. How staying with a host can be much more rewarding than getting your own place It can be cheaper than an hotel if you split the cost and rent a villa Find the worst reviews, don't only read the good ones. Check if there is going to be issues you don't want to deal with Never trust Trip Advisor, find your own curated referrals. Blogs are your friend. Use a business account to collect fly points Price matching and cross check every option Check airlines directly, some of the cheapest flights aren't on comparison sites, same with hotels The last minute myth. Where to stay tools: Airbnb.com Onefinestay.com Plumguide.com Homeaway.com Booking.com Vrbo.com/ Homestay.com Couchsurfing.com Our top 3 Luxury curated stays: Tablethotels.com Mrandmrssmith.com Designhotels.com Flight finder tools: Google.com/flights Kayak.com Expedia.com Flightfox.com Hipmunk.com Skyscanner.net Azair.com
On today's episode, we learn about travel-hacking and building a fully remote company with the co-founders of FlightFox, as well as chat with former Stack Overflow mods turned current Stack Overflow developers to learn about moderator processes at SO.
On today's episode, we learn about travel-hacking and building a fully remote company with the co-founders of FlightFox, as well as chat with former Stack Overflow mods turned current Stack Overflow developers to learn about moderator processes at SO.
The Top Entrepreneurs in Money, Marketing, Business and Life
Lauren Sullivan. She’s the co-founder of Flightfox, a site which Nathan recently used to book multi-country travel. Flightfox helped him understand the best way to leverage his points from his Chase Credit Card for travel purposes. Flightfox helps you search flights, manage your trip, and leverage your loyalty points, to help ease your trip planning experience and it is growing fast. Famous Five: Favorite Book? – Good to Great What CEO do you follow? – John Mackey Favorite online tool? — PocketSmith Do you get 8 hours of sleep?— Yes, currently If you could let your 20-year old self, know one thing, what would it be? – Lauren wished she had stopped working for someone else and started building her own company earlier Time Stamped Show Notes: 01:25 – Nathan introduces Lauren to the show 02:02 – Flightfox is an online and real-time platform that manages travel for individuals, companies and organizations 02:15 – Flightfox’s revenue model is to charge per trip and they make money from commission 02:32 – Flightfox’s expert will help match and plan a trip and they will authorize the credit card you use 03:33 – Flightfox books for companies, too 03:50 – The more complex the trip, the more expensive it is 05:10 – If Flightfox can’t find you a trip, they won’t charge you 05:34 – Flightfox was launched in 2012 05:45 – Flightfox was originally launched as a contest based, cloud source system 06:10 – There were a small number of the majority winning the contest 06:21 – The model was switched to a one-on-one 07:04 – The experts are contactors 07:15 – The experts get a fee per trip 07:40 – Most of them are full-time 07:50 – Flights metrics 08:03 – Flightfox is focused on companies and organizations 08:14 – CAC is a bit high 09:20 – There are at least 50 companies who have booked with Flightfox 09:35 – 5-10 companies are booking at least 30 trips per month 09:50 – Companies usually have 80 people 10:20 – In 2012, Flightfox has raised $850K 10:50 – Four Team members 11:50 – Flightfox has pivoted a couple of times already 13:19 – Lauren has been through alot with her company thus far, and has chosen to carry on 14:14 – 2016 total revenue 14:40 – Flightfox is close to breaking even 14:53 – Average MRR 15:11 – Raising another round will depend on the things that will happen in the future 17:00 – The Famous Five 3 Key Points: Changing your business model isn’t easy – but, it’s very normal to have to do so. Going through the most difficult times will test not just your patience, but your ability to make the best decisions. If it’s what you really want, just keep going. Resources Mentioned: Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Drip – Nathan uses Drip’s email automation platform and visual campaign builder to build his sales funnel Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to the quality of Toptal Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible. Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books. The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences Jamf – Jamf helped Nathan keep his Macbook Air 11” secure even when he left it in the airplane’s back seat pocket Freshbooks – Nathan doesn’t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW Show Notes provided by Mallard Creatives
In mid-January we did our first retreat as a team. Since we’re completely remote, this was the first time most of our team had met and worked with each other face-to-face. I’ll take you through how we planned and budgeted for the trip, what we did, what worked and what didn’t. https://baremetrics.io/blog/startup-retreat Why do a retreat at all? Since growing our team from little ol' me to 6 people, with the exception of me meeting a couple of our team members, no one else had ever done more than video chats with each other. And while video chats work fine for quick conversations, they don’t give a great sense of everyone’s personalities. Doing a retreat let us spend a lot of time together and learn those things. Also, being in one place gave us the opportunity to really brainstorm and plan out the coming months as well as hash out some bigger design, development and marketing problems. Purpose: Figuring out the point of the trip We decided for this retreat that we’d primarily use it to work in the same place and tackle some projects that would just be easier in person. Some companies use retreats as a time to vacation together, others use it primarily to work. We opted to go the “work” route since we rarely get the opportunity to do that in the same location. Location: How to pick where to go After making the decision to do a retreat in January, we needed to pick a location. The general consensus was that everyone wanted a warm place, given it would be winter. That basically left two areas: Southern California and Southern Florida. Average temperatures in both of those places in January is mid-70’s which was as good as we were going to get without leaving the country. Given we were doing a work-focused retreat, having a great location was crucial since we’d be spending so much time there. The actual city was less important (in hindsight I should have put more emphasis on the city, but we’ll cover why shortly). I then headed to AirBnB and HomeAway and just started digging around until I found a handful of cool houses. We got super democratic and let everyone vote. Majority ruled and we ended up with a great house in Palm Springs, CA. The house set us back $4,200 for 7 nights. Lodging: Picking a place that works What makes for a great space to work for a week? How was that house in Palm Springs useful for us? Sleeping space Make sure you’ve got enough space for everyone to have their own bed, and if possible give everyone their own room. We weren’t able to quite do that in the house we choose. Everyone had their own bed, but a couple of people had to share a room. Fun Make sure there are things to do around the house to blow off steam and clear your head. This place had a pool, hot tub, pool table and putting green and everybody definitely made use of those things. Space to spread out Even if you’re doing a work-focused retreat, most people still like to have a place where they can sit down and knock stuff out by themselves. Our rental had a plethora of that. Kaegan even attempted a Darwin Award by working from the hot tub. The weather all week was perfect, so a lot of time was spent with our feet propped up outside working. Kitchen Cooking was a big part of the retreat and a great way to spend time together. We had both an indoor and outdoor kitchen and spent a lot of time (especially at breakfast and dinner) cooking. Make sure your team eats well…don’t skimp and buy cheap junk that leaves everyone feeling bad. Travel: Getting everyone there So after figuring out a location, the next step was getting everyone there. We’re spread out across the U.S. and Canada, so figuring out all the right flights to get everyone there at about the same time without spending a fortune could have been a huge stressor. But as luck would have it, there’s a great service called FlightFox that handles all of that for you. I gave Alex (my FlightFox “Expert”) everyone’s city and he figured out what airlines and which flights worked best. We were all scheduled to arrive within about an hour of each other, and minus a few flight delays, we all arrived pretty close together. Here’s a breakdown of what we spent on flights from where each team member flew out of: Birmingham, AL - $335 Lexington, KY - $664 Denver, CO - $491 Santa Fe, NM - $411 San Luis Obispo, CA - $327 Vancouver, Canada - $320 Yes, the Canadian’s plane ticket was the cheapest. Sigh. After we got to the airport, we thew down mom-style and rented a minivan. Side note: I love minivans.That set us back $418. As a team we spent an additional $300 on taxis and airport parking. Total for travel: $3,266. Eating: How to plan for a team’s food needs The topic of food was initially the biggest stressor for me. We had 20 meals to plan for, which is a nightmare when you start taking in to consideration food allergies, foods that people just downright hate, etc. I realized I was overthinking it, though, and went really lax with it. We paired everyone up for dinners each night and so if it was your night to cook, you chose the meal. Then we went out to eat 2 of the nights. Dinners: solved. That left breakfast and lunch. For those, we just went to the grocery store and loaded up on whatever anyone wanted. Eggs, cereal, bread, bacon, sausage, salad, fruit, vegetables, etc. We made a few grocery runs throughout the week to stock back up as needed. Ended up being really laid back and easy. So, don’t overthink it. Everyone will figure it out. In the end, between groceries and going out to eat, we spent $1,260, which averaged out to $30 per person per day. Itinerary: Making the most of your time We opted to do a 1-week retreat, specifically a Friday to Friday. Overall everyone seemed pretty happy with that length of time. Too much longer and I think we would have felt overworked, too much less and we would have lost some of the usefulness. But what does one do during a retreat? Have a rough idea head of time and giving some high-level structure goes a long way. I roughly planned out each day by “Morning,” “Afternoon” and “Evening,” but didn’t really get more granular than that, especially for the “Morning” section, since everyone has slightly different sleeping habits. Day-to-day Most of each day was just us, as a team, working together in the same place. Mixed in there I’d do 1-on-1’s, people would take breaks and go for a swim or go to the gym, we’d talk through programming and design problems…things like that. The kind of things you’d do in an office setting. Be careful not to over schedule your time. We did have a few times scheduled out for specific things though… Kickoff On the morning of our first full day, we had a retreat kickoff. I did a short presentation on all the things we accomplished in 2014 and then our goals for 2015 and how we’d reach them. Everyone jumped in with questions, suggestions and concerns and we hashed all that out. Doing that helped get everyone on the same page for the week. Discussions A couple of days in we had set aside one afternoon to talk out some bigger company-wide processes and issues. Things like figuring out a better way to handle bugs, ways to reduce distractions in Slack, how to better manage the product as a whole in Trello. We spent a couple of hours focused purely on this and got a lot of things nailed down that we’re now putting in to practice. Big project Initially I hadn’t intended to do a big project push, but early on we realized we were really close to having our new Forecast feature done, so we did a 1-day push and launched our Revenue Forecaster mid-week. I’d be careful doing a project that takes the entire week to pull off, though. I think it’d probably take away from the team as a whole spending time getting to know each other and just hanging out, given everyone would be so focused on getting the project done in time. Story time Each night, after dinner, someone from the team would tell their story. Generally a mix of your personal story but also how you ended up at Baremetrics. Super low pressure and lighthearted. Almost everyone mentioned to me afterwards that this was their favorite part of the retreat and that it helped a lot with getting to know each other. Getting out of the house We went out to dinner one of the evenings and a few people got out to go get massages or go to the gym, but I did a really bad job getting everyone out of the house. Turns out Palm Springs has a lot of 2 things: golf courses and retirement communities. Neither of which were very appealing and we had a really hard time finding fun things to go do. There was a lot of “hey, what do you guys want to do tonight?” when in hindsight I should have pre-planned some things to go do. Definitely will change that for next time. After the retreat Once the retreat was over and everyone was home, I surveyed everyone about what they liked/disliked and what they’d do differently next time. There were two big takeaways from everyone: Pick a location with more to do Get out and go do those things It wasn’t that I was forcing everyone to work, work, work, it’s that I didn’t do a good job forcing everyone to not work. So, next time we’ll pick a location with more to do and I’ll make sure we actually get out and go take advantage of that. This was our first retreat, but my hope is to do one every 6 months or so. Grand total for this retreat was $8,750, which is quite pricey, but we actually came in under what I had budgeted for ($10,000). Having a single house to rent instead of separate hotel rooms saved a lot of money. In the end, it was unquestionably worth the trip and the expense and we’ll start planning our next one soon. Have you done a retreat for your startup? What worked or didn’t work for you?
Lauren McLeod knows, and her and her partner have assembled a team of flight experts at Flightfox to help others find the best (and cheapest) flights that fit their needs. Today Lauren joins us to talk about the inception of Flightfox, her original site Globetroopers, and to share the ups and downs of creating your own business on the road.
Ben Krueger comes to us from his office in the jungles of Costa Rica. Ben is the founder and operator of Authority Engine, an avid entrepreneur, marketer, and adventurer. He started his company from his laptop as a hub for podcasting information services that redefine best practices. I met Ben at New Media Expo. We instantly connected on our mutual ecstatic love of travel, it’s importance in our lives, and the power of podcasting. Studying for a career never sat well with Ben, and the travel itch led him to concentrate on learning the skills needed to be able to travel more on his own terms. He absorbed everything about online marketing and honed these skills knowing it’d be his golden ticket. Eventually he earned the opportunity to go to the Philippines for a 6-month position that involved driving leads for a vacation resort in exchange for food and shelter at the resort. Ben pounced on the opportunity. Within a week, he met a collective of location independent entrepreneurs who run their businesses from their laptops and go wherever they want. Ben knew immediately he wanted in. And he continues to do what it takes to maintain control of his travel experiences. By the way, just wait for the end. Ben’s weird food selection takes the cake in my book. Words from an Explorer “Someday’s not a day of the week. If you wait for it, it’ll never happen.” Tweet this quote or say thanks to Ben for sharing his story. What we discuss: How marketing skills helped Ben get his start traveling by earning him a gig with Tropical MBA at a resort just south of Manila, in the Philippines. Why the people you care about might discourage you to travel, and why you shouldn’t listen, and how to overcome it Ben’s favorite destination: Chiang Mai Some of Ben’s can’t miss spots in Chiang Mai Is Thailand a good place for beginner travelers? Ben’s Best Travel Advice The First Step: Research the ideas you have. It’ll either inspire you to the point of uncontrollable excitement, or you’ll psych yourself out. Money Saving Tip: The longer you stay anywhere, you cheaper things will get. if you’re using Airbnb for longer stays, ask the owner for a better deal! Finding the Cheapest Airfare: Ben uses FlightFox to save time, otherwise sticks to sites like Kayak Packing Tip: Focus less on everything you normally need, and instead pay attention what you specifically need. Favorite Tool or Resource: TripIt app Favorite Travel Book: Sherlock Holmes! Each one of the cases leaves a lot of room for you, as the reader, to fill in the blanks. This inspires how Ben loves to explore the mystery and adventure of the places he visits. Favorite Travel Gear: GoPro Hero3 Weirdest Food: Beating Snake Heart, served in a shot glass of sake and snake blood. Mentioned on this Show: Ben on Twitter AuthorityEngine.com Airbnb.com Like the show? I’d love a rating and review! Take action and please share the show! All you have to do is click one of the social sharing buttons at the top of this post. Also please leave a rating or review on iTunes! It just takes a second and you can help the show increase its rankings on iTunes just by this simple and quick gesture. If you do, click here to let me know so I can personally thank you! Thank you so much for your support! See you next time! The post 16: How Ben Krueger Made Travel a Part of his Life appeared first on The Daily Travel Podcast.
Google en de NASA spelen met robots, de video game awards zijn uitgereikt en Cindy heeft Flightfox getest.