3 Genius Business Ideas We're 'Borrowing' From Syed Balkhi

Episode 553: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Syed Balkhi about the business ideas he would go after if he wasn’t already running WPBeginner.  Watch Syed's $0 To +$100M story here: https://www.youtube.com/watch?v=gzHdrQ5pDFo Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Intro (3:30) Offshore bookkeeping (6:00) Level it up with reseller and white label (8:30) Sourcing your outsourced talent (12:00) Barnacle on the Whale: Quickbooks plugins (19:00) The most powerful idea of our generation (22:30) X but open source (x= popular platform) (27:30) Creating disproportionate value (31:30) Flavors of capital funds (39:30) Is $10-50M the perfect amount in the bank? (45:30) First you own your things, then they own you (47:30) The true cost of luxury (52:30) Paid marketing vs. acquiring resellers (58:00) Compounding goodwill is the best form of compounding — Links: • Syed Balkhi Twitter - https://twitter.com/syedbalkhi • 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/woocommerce/ • CleanShot X - https://cleanshot.com/ • GitLab - https://about.gitlab.com/ • Guy Spier - https://www.guyspier.com/ — 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): https://bit.ly/SupportShepherd — 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 Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, B