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Podcast Summary: My First Million - Episode 742 Title: 7 People Making $5M-$10M From Weird Hobbies Hosts: Sam Parr & Shaan Puri Guest: Billy Parks Release Date: (Not specified in the transcript) Listen to it here: [My First Million](https://x.com/theSamParr)
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Episode Overview In this episode, Sam Parr and Shaan Puri discuss with Billy Parks, a partner at Slow Ventures, the concept of the creator middle class by highlighting several creators who have turned niche hobbies into successful businesses generating between $5 million and $10 million in revenue.
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Key Topics Discussed
The Creator Middle Class
- Definition: Refers to creators who have built sustainable businesses and loyal audiences without the massive scale seen in top creators like Mr. Beast.
- Essence of Lovability: Creators need to be relatable and build durable relationships with their audiences to be successful.
Featured Creators and Their Businesses
- Jonathan Katz-Moses
- Niche: Woodworking
- Business: KM Tools; sells tools developed from content shared on YouTube.
- Revenue: Approximately $6 million, with expectations to scale to $100-$200 million.
- Mary Heffernan
- Niche: Ranching and ethically sourced meats.
- Business: Five Marys; sells meat and offers ranch experiences.
- Reach: Built a strong brand with a focus on authenticity and family lifestyle.
- Jocko Willink
- Niche: Leadership and fitness.
- Business: Podcast and tactical apparel brand.
- Reach: Known for his military background and leadership teachings, he has successfully diversified into multiple business streams.
- Detail Geek
- Niche: Auto detailing.
- Business: YouTube channel focused on cleaning and detailing cars.
- Audience Engagement: Focuses on relatable, entertaining content while providing value.
- Tony Seno (Tonester)
- Niche: Paint and DIY.
- Business: Launched his own paint brand after gaining popularity on TikTok for blending paint.
- Audience Engagement: Utilizes humor and simplicity to engage a wide audience.
- Larry (Ammo NYC)
- Niche: Car detailing.
- Business: Details celebrity cars and has built a brand around high-quality cleaning products.
- Reach: Approximately 2.3 million subscribers on YouTube.
- T-Rex Arms
- Niche: Tactical gear and Second Amendment rights.
- Business: Aimed at the gun enthusiast market and produces a variety of tactical products.
- Reach: Built a community around firearm education and safety.
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Key Takeaways
Business Insights
- Investment Potential: Many niche businesses have the potential for substantial growth if they are backed by passionate creators who understand their audiences.
- Importance of Community: Successful creators maintain close connections with their audiences, which fosters brand loyalty and repeat sales.
- Relatability vs. Aspirational: The balance between being relatable and aspirational can influence a creator's success and audience connection.
Starting Your Own Business
- Initial Steps: Creators need to identify their niche, leverage their passion, and be ready to create content that engages an audience.
- Long-Term Mindset: Successful ventures often take time to develop trust and authority in their niche.
- Exploring Opportunities: Many creators find adjacent opportunities to their content, leading to diversified business streams.
Trends and Niches to Explore
- Everyday Carry (EDC): Products related to everyday essentials like wallets, knives, and tools.
- Hobbies with Passion: Niches like jiu-jitsu, chess, and DIY projects are ripe for creator-led businesses.
- Emerging Platforms: Video and audio form the backbone of many successful creator businesses today, suggesting that content creators should focus on these mediums for audience engagement.
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Additional Resources
- Jonathan Katz-Moses YouTube: [Katz Moses Tools](https://www.youtube.com/@katzmosestools/videos)
- Mary Heffernan’s Ranch: [Five Marys](https://fivemarys.com/marys-story)
- Jocko Willink Podcast: [Jocko Podcast](https://www.youtube.com/@JockoPodcastOfficial)
- Tonester’s Channel: [Tonester Paints](https://www.youtube.com/@tonesterpaints)
- T.Rex Arms: [T.Rex Arms](https://www.trex-arms.com/)
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Conclusion In this episode of "My First Million," Sam Parr and Shaan Puri, along with guest Billy Parks, explore the landscape of niche creator businesses that are thriving. Their discussions illuminate the potential pathways for aspiring entrepreneurs and the importance of community, relatability, and market understanding in building a successful business from a passion.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00I'm not saying like I'm above this. No one's above this. This is cool. These guys just sold$7 million in multi-tools in like a week.
0:16So in order for a creator business to work, the creator needs to be loved. What makes a creator lovable? Like what attributes do they have where you see it and you're like, that person has it and people will buy because of them? Finding creators that have like real love from their communities is the whole thing, right? Because those are the most durable audiences that will kind of go, it makes them not cancelable. People feel like they are their buddies, their friends. So I think like what makes them loved is you feel like you're watching a version of yourself doing it. You know, if you're a woodworker and you watch Jonathan Katz Moses, you're like oh this guy's just like me and he's teaching me i'm learning and it's like a buddy who's walking me into my favorite hobby my favorite niche so that to be relatable i think so relatable is a good way to put it i think you know it often feels like your big sister or your big brother too where you're like okay they're teaching me you know like you like motorcycles right like they're a pain in the ass to like maintain to deal with to find the right routes to find the right routes off-road.
1:28But I got three or four guys that I can call and say, hey, I'm going to the Pacific Northwest. Where do I go? What do I need to pack? What am I missing? Walk me through that trip you took. And they give me the tools that I need to kind of get where I want to go. And I feel like those creators are the most interesting that can build durable businesses. And now you're a partner at Slow. Is that right? Yeah, I'm a venture partner at Slow. I've been here for about a year. And before that, I was at the Churning Group. Man, Churning, I've hung out with those guys a bit. they um yes they're they're i saw your i saw your podcast with kevin which was great yeah we've had kevin on uh i'm friends with doug de moro doug i found that i found that that was you yeah yeah yeah your guys's insight back in like 14 15 and 16 which it seems so obvious now it was like we're going to take creators and we're going to make them into billion dollar companies and like obviously we know mr beast does that now but what a lot of people don't realize is that churn was early on this for one and number two they've had so many successes that are niche communities so for example there's the uh what's the meat guy meat eater that's steve vernella yeah meat eater and then there was like probably eight or nine or ten more we had kevin on from uh uh epic gardening and so like you've built these like really big businesses and that's what we're going to talk about today particularly the creator middle class because there's like yeah yeah there's like these the Mr.
2:51Beasts of the world, but there's so many people out there that are making 10, 20,$50 million a year. And they have like 800 or 400 ,000 followers in a very niche community, like meat smoking or something like that. Right. One of my favorite creators is Doug DeMauro. Doug DeMauro does these car reviews. He turned it into cars and bids, which I have no idea how big they are, but I think it's a quite a large business. I'll tell you since Doug started, he sold about$450 million worth of vehicles. And then he takes a take rate off that. Oh my God. So this guy, Doug, does these like reviews where he will review an SUV or like a$2 million Ferrari.
3:32Anything that's an enthusiast car. Yes. And what's interesting about Doug is I don't know how he did it, but I have a feeling it was just him, probably actually not even with an iPhone when he first started, literally like a camcorder, like a traditional one. That's right. and he looks schleppy like he has like a dirty t-shirt that that usually often two t-shirts that fit horribly together so like his undershirt is popping out from his and he's usually wearing cargo shorts without a belt so it like it's like falling down and he wears high white socks and like he's just kind of uh i don't know how i don't know like what what category is but like He's like a car nerd.
4:13He's a car nerd. Yeah, but even amongst car nerds, many of them are more like they dress affluent because they want to fit in. He does not care about that at all. And he gives these amazing reviews. And so one, that's the relatable thing. But then you have these on the other end, you have like the Emma Chamberlain where young women, I think, aspire to be her because she is cool and has character and all that stuff. Is there something in there about a creator of like wanting to be aspirational versus quirky? I think it depends on the audience, right? Like Doug's audience loves him because he has the best information about every car.
4:53Like his videos that are 10 minutes, eight minutes, 12 minutes long, top to front. Everything you want to know about that car, which is generally like a couple of things, like what do I want to drive? What do I think is cool? And sometimes it's purchase decision, right? So Doug gives you everything you need to kind of learn about that rig. And he's like totally unassuming and fun. I'm not as familiar with Emma. I know she's like very loved. But yeah, aspirational. You want to be here when you grow up. You think she's cool. You love her access. You like her take on things. I think for the enthusiast categories, I think those pop the hardest, which is to say, Doug is driving a two-sided marketplace that has real scale and can scale without having to put goo in the bottles or get distribution from stores or launch a physical location.
5:45He is like building a venture scale business. And a lot of people who come to Cars and Biz now didn't even know who Doug was. It's built the scale where they're just like, oh, this is a great place to transact. I don't even get here through the top of funnel from Doug. All right, so a lot of people will talk about how you need a million dollars and three years of experience to start a business. Nonsense. If you listen to at least one episode on this podcast, you know that is completely not true. My last company, The Hustle, we grew it to something like 17 or 18 million dollars in revenue. I started it with like$300.
6:22My current company, Hampton does over$10 million in revenue, started it with actually no money, maybe$29 or something like that, nothing. And so you don't actually need investors to start a company. You don't need a fancy business plan. But what you do need is systems that actually work. And so my old company, The Hustle, they put together five proven business models that you could start right now today with under$1 ,000. These are models that if you do it correctly, it can make money this week. You can get it right now. You can scan the QR code or click the link in the description. Now, back to the show.
6:56So can I ask you about some of these middle-class creators? Because this is pretty interesting. You mentioned one of them and I looked him up. This guy's insane. Who's Jonathan Katzmoses? Jonathan Katzmoses. So Jonathan Katzmoses is a woodworker. He started a website called KM Tools. It's tips and tricks on the right tool for the right job, essentially. And then he was like, oh, well, here's this tool you can use to work with this buzzsaw. And here's this tool you can use to work with that. And then sold out, sold out, sold out, and then kept developing his own tools. Let me tell you what I see when I go to his YouTube page, because it's pretty incredible.
7:32So he just looks like a just guy. He's just doing woodworking stuff. But what's crazy is the guy he only has. I mean, and this is like big, but this is like, you know, pretty girl next door, like attainable. He only has 600 ,000 subscribers. which I think almost anyone dedicates four years to virtually any niche and they spend 20 hours a week on it I think they can get to 600 ,000 subscribers so he only has 600 ,000 subscribers and each of and he only is outputting like one video a month like not even a lot of not even a lot of videos and they look great they look like really highly produced videos they're not like they're they're they're they're polished but his yeah his quantity is not through the roof and the views aren't even through the roof.
8:16No. Well, the cool thing about it is it's, first of all, it's evergreen content. So like what he did, like how often he publish is important to kind of continue to provide content for the community and build his audience and get to scale. And I think like taking investment, he will be able to do more of that. He raised money? Yeah, at Slow, we invested 2 million into Jonathan's business. And how big is it now? The investment is very recent. He's doing around$6 million in revenue now, strictly from his tool site. And he's grown substantially year over year. And when you made the investment, what was your upside?
8:59What do you expect in five years? How big of a business will this be? Yeah, I mean, we play a little longer than five years because we're early stage. Or 10 or whatever, I don't know. Yeah, yeah. I mean, we'd love to see Jonathan get to$100,$200 million in revenue in the next 10 years. That's crazy. Yeah. Is he going to enjoy his life while he's doing that? Because it looks like you had a pretty good life before taking your money. He loves, he wants to build a massive business. I mean, we're not reaching out to creators and saying, hey, you look like you have a really nice lifestyle business making$10 million a year.
9:31Do you want to go to$100? Like, he reached out to us. You know, he's like, I want to build a business of scale. You know, he needs more inventory. He needs more product designers. He sells out all the time. So he wants to get to scale. Like he loves what he's doing. This is a great one. And when you're doing research, like if you're this guy Jonathan or someone listening, and you have like woodworking is a niche, huge niche, but niche nonetheless. Is there like math between how you decide how big it can get? Or do you just look at like comparables? Are you like, well, there's this one woodworking e-com store that already does this much revenue.
10:11I think it can be that big. That's a good question. I mean, I think it's a little bit of both where we say team and theme, right? So it's like, can we invest in, is Jonathan backable? Does he have the hunger? Is he a founder or is he just a content creator? And then does he have the hunger to build something big? So it's early stage. We're betting on Jonathan, right? Now we can't bet on Jonathan if he wants to, it's funny. He said a funny quote. He goes, you know, they have no control. I could build ballet shoes if I wanted. Now, we have to look at the category that he's in and make sure we feel like it can get to scale.
10:44So, yeah, once we get deeper down and figure out that this guy's great, he's going to figure something out. He's going to take a lot of different shots on goal until he does, which we've seen with lots of great creators who they're like, okay, I tried this business and I tried that business and it didn't work and they're going to keep going. Jonathan feels like the kind of guy who's going to keep going no matter what. And then, yeah, we've looked at woodworking. Like, are there other businesses in his genre that are making tools that are at$50,$100,$200 million in revenue? And we look at that and we compare them and we say, hey, listen, this is a good signal.
11:16Can I actually walk through that? Because I am curious. Because like, if I have a passion or if I'm a listener and I have a passion for something and I'm like, does this have legs? Or maybe it doesn't quite have legs, but if I just change it a little bit, like the trajectory might be a lot different. But still within the passion of what I want to make content wise. Yeah. So like, all right, so if you're doing woodworking, where would I start to research to give me faith that this can be a$50 million a year company? Right. Okay, so that's a really good question. So the really interesting thing about backing creators that are in passion categories is they have real expertise in the area that they're in, which is to say, because Jonathan's creating content in woodworking, he knows all the other woodworkers.
11:59He knows all the tool companies. he knows everybody in that area and we kind of trust them to understand their own white space so these creators that we're backing and the creators that like i think have the best opportunity are the ones that are deep so deep in a niche that they've been working in for five ten years they're like oh they identify the white space it's not for us like we're we're here to say, hey, we want to match capital with creators who are founders who want to build something scaled, and we rely on them. You know, Doug DeMiro, right? Back to Doug. Like, Doug's been in the car game, both on the editorial side and creating content, meeting all the manufacturers.
12:45He knows when he, you know, there's four or five other auction platforms that are available to people who are buying cars. Doug's like, this is the one we need to build and this is why. But when you're when you're trying to justify that, surely you're thinking like, okay, I feel like with some degree of certainty, the best case scenario is it's going to be a billion dollar company in 10 years, something like that. And so what I'm curious about, though, is let's say that like, let's say that I'm interested in architecture, but also like art history. Let's say that I'm like, you know, a 28 year old person, I hate my job.
13:20I'm sort of interested in art history and architecture, but I want to build something sustainable and like potentially one, like the route that I pick when, with my content, I would imagine there's some type of equation where it's like, I guess it would be the size of the audience multiplied by the gross profit per item sold multiplied by the quantity that they will buy. Do you guys have anything like that? I think it's a little bit more creative than math, which is to say, we can't be experts in every niche category and say, hey, this is how this is going to pan out. I mean, you have a sense of like, hey, these are, I mean, like, look, Kevin's in the seed business.
14:02Like, seeds don't seem like they're very, you know, like, they're very inexpensive, but at scale, like, it's a massive business. I think we look for categories where they're high spend, where people are passionate about them and that the founder really understands the category and is telling us where they think the white space is more than us saying, oh, here's a math. Here's math to solve that problem. Yeah, that's funny. I mean, I, my, my last company was The Hustle and like Jesse or Churnin came to me and they're like, oh, maybe you can be one of these, like, I don't even think they had like a word for it, but they were recruiting me to become, uh, it was very, uh, light recruitment but it was like a let's see if there's a fit maybe we could invest in you and you'd be one of these creator-led businesses and i was like yeah i didn't even have faith that it could become that like i didn't know you know what i mean i definitely didn't believe it what yeah churn was really interesting because you know we at churn and it was it was different at kind of a growth stage because you at post investment you can spend some more so much more time with the businesses that you can early stage you know there's a willingness to roll up your sleeves and like help help build it out like there's a lot of work we put into those companies post-investment at churn in that earlier stage we kind of are betting on the founder to figure it out i think every man who's above like 35 years old has a dream to do what this next creator is doing which is owning a ranch and selling meat what is oh yeah yeah what is five marys well five marys is rad so it's it was started by a woman named mary hefferdon um and her her husband brian as well.
15:36But Mary's the big driver of it, and Brian would agree with that as well. She started as a restaurateur in the Bay and couldn't find ethically sourced meats in the way that she really wanted, at scale that she wanted for her restaurants. So she started looking at ranches, and she ended up buying a ranch. She's like super entrepreneurial, get-up-and-go badass. She found this ranch kind of in the Mount Shasta area, this area called Fort Jones, which is near the like California, Oregon border. And she bought a ranch and started raising her own cattle there. She now has 600 acres, 600 kett of cattle.
16:14She's got a butchery. She does shipping. She has a, you know, like a FDA approved slaughterhouse. And she's built a very large scale business from 400 ,000 followers on her Instagram channel. And what was her original content? Like what got the first 10 ,000 followers? It was all her moving to this ranch and building out this ranch life. So she tells stories about herself, her family. She's got four daughters that are all rad, that are all cowgirls. Obviously, they didn't start that way when they were little, but they're now kind of like 16, 14, 15, 13, like in that area. They're all ropers. They like compete.
16:53So they're always going around. But it's like ranch life, caring about the food, caring about the people who you work with, building out business. Also just a very strong female entrepreneur vibe. She like taught courses to other women who were building businesses. Actually, the Ballerina Farms woman took her course and then launched Ballerina Farms, which is a massive scale now. That's another, is similar? Yeah, Ballerina Farms has a little bit more controversy around it. But the woman's name, who I forget right now, lives in Utah. Her husband and her bought a ranch. And it's like very well shot.
17:30shot. It's very beautiful. And it's a little bit more composed than Mary's content. Mary's content is a little bit more like, if you look at Mary's content right now, you're like literally watching her build a house. Her and her husband and her kids are going out and like grabbing rocks and putting from the land and putting them on the hearth and she's building them out. She's feeding cows. So was she successful before she bought the ranch? No, she had like three or four restaurants in San Francisco. Yeah. She was like, she's been, she's a, I mean, as you know, with restaurants, They're not like, they can be doing great, but they're not, they're not like, you can't, it's hard to retire off them until you get to real scale.
18:05So she was a proprietor. I think of her as a proprietor. That's the category I would put her in. She had restaurants. She was serving great food. She had a good life, but it wasn't what she wanted. So she went out to the farm instead of, she saw an opportunity to like build a ranch that had ethically sourced meats and raise cattle and tell the story while she was doing it. It's like so deeply authentic. it's it's basically like um i think i saw um uh i forget the director's name guy something um guy richie guy richie and he was telling this story that always stuck with me i think i heard it when i was a little bit younger and um it always stuck with me but it was basically like when i try to live my life he's like i am a director and i want my life to be a movie and i'm the director of my own movie i'm the director of my own life and i hear like what she's doing or I see what Mary's doing.
18:54And to me, it's like social media makes it so much easier and attainable to say, I'm going to do something epic and I'm going to bring people along the way. And that is why it's going to be so epic because they're going to support me. And this is so awesome. So how big of a company does she have? And it's just selling beef? Well, she does a lot of things. So she sells subscription boxes of beef. She also sells these, she's done these courses, like I mentioned. She sells whiskey and cookbooks. She actually doubled down recently on a tallow product line. So she, you know, because she processes her own meat and has, she has like tons of tallow and has been making it, you know, sparingly.
19:36This lady's awesome. They do camps. They do a cowboy camp where you can like go and see. Yeah, yeah. I think it's a small part of her business, but it's definitely like she brings people on. It's a heavy lift. She does it like seasonally, but she brings people in and kind of teaches them with the idea that people can learn what it's like to live a ranch life and come out there kind of in a dude ranchy kind of way. But she'll make you roll up your sleeves and do stuff for sure. How big is this business? It's Five Marys Ranch. I mean, so as far as like all of these businesses that I'm talking about, like as an investor, I talk to all these folks.
20:06And like some of them, if it's publicly disclosed, I'd be happy to share that. But the way I would frame this business is that it is like it has the ability to achieve venture scale. And I would say the threshold of venture scale is probably 100 million in revenue, right? It can do it. Yeah. Yeah, it can do it. This is awesome. Also, the coolest thing about Mary is like, you know, the meat business is great. And I think she will always do it. But this tallow line that she launched is something that can scale even more. I don't know how much you've seen about what's going on with beef tallow and people using it for their skin.
20:43It's very popular. And she does it right there on her farm. She makes it. They built a place to process it, and they do it right there on the farm. And that's another line of business. And that brings me to another topic with all these guys is they have opportunity to take lots of shots on goal. It's like, okay, I built out this meat business. How much scale can it get to? Can I exit it? Do I want to exit it? and you get to a certain place there. And then you say, okay, well, what else can I offer my audience that is totally organic to who I am? They will totally buy because it's something that they want.
21:16And maybe that thing becomes the thing that is venture scale. Or maybe she tries something else that becomes venture scale. But the beautiful thing about all these creators and this kind of creator middle class that we're talking about is like, it's not just one business that they can start. But two things. I'm going to push back on two things that I want you to prove me wrong. Number one, focus. focus like nine out of ten times uh one of the reasons nine out of ten times a lack of focus is what kills a company like it's sure it's more often than not it's better to do one thing incredibly well than to do a bunch of things because it's just hard to pull off a bunch of things great the second thing is operations is very challenging particularly for a ranch i mean uh just like a software company is pretty easy you're just behind a screen and there's no capex for a ranch that's really hard.
22:02Who is operating her business and how on earth do you find all these wonderful operators and also balance creating content? Because I do this podcast two times a week and then I also have a company and it's quite challenging. And that's probably a lot easier than running a ranch. Great. Running a ranch is very hard and she will tell you and you can watch and you can see. So I agree with that. So when I think of focus, I think of my answer to your focus is prioritization, which is to say she's gotten the ranch to a place and now she decides if she wants to double down on another line of business.
22:38And then she needs to make sure that she has operators in place that she has enough time to try and build out that next line of business and or bring in another person or two to operate and help launch that next line of business. So she's got a ranch, then she's got to make sure she has enough time, energy, either with the people who are supporting her ranch, or somebody to help her with the towel line. So it's about prioritization and then building it out. I agree with you. But you look at somebody like, can I, like if you look at somebody like Jocko Willink, are you familiar with Jocko? What I know about him is he was a former SEAL, badass, looks like a SEAL, looks like a GI Joe, and has a podcast, but I don't know much about his products.
23:21Yeah, so that's another example of like how you get to scale where you're trying shots on goal, and thinking about prioritization. So Jocko, like you said, he's got a massive podcast. You agree he looks like a G.I. Joe, and you're right that he is an ex-SEAL. And he's also very like taking pictures of his watch at 4 a.m. when he's starting his workout, and he's a big jujitsu guy. He's also a very intentional father and talks about how to raise your kid, you know, kind of, you know, not glued to screens and, you know, with intentionality, things like that. So Jocko, like, speaks to a lot of people, And he has a great course called Echelon, which he teaches to Fortune 500 CEOs and people and the general public can can kind of apply and be part of those as well.
24:07And he did pretty well with that business and he continues to do well with that business. Echelon is like so he dropped. I'm looking at the website. It's corporate. So I imagine like if I had to guess it's six figures and he comes and talks and then like three of his team will drop in and help you with some leadership issues and within your business. That's right. That's right. I think it's at more scale than that. But yes, he does big conferences with multiple Fortune 500 CEOs, and he's very well respected in that world. Cool. In the leadership, he talks a lot in his podcast and in books about how to be a great leader and how to manage up and manage down.
24:44And he's pretty prolific in that sense. And then he launched a tactical apparel brand, starting with boots and moving into clothes, which are like your American-made kind of workout slash military guy clothes. Which I would have to imagine that would be one of the harder businesses actually to run. That's a very hard business. Because returns and, yeah, returns and sizes and that would be hard. Yeah, supply chain and, yeah, it's hard, right? And so he took those shots on goal, right? He saw a place where he thought he could move his audience. Really interesting. Then he launched Jocko Fuel. What's that, protein?
25:22Like, it's like a pre-workout, post-workout, during-workout, energy drink kind of grouping of drinks. Dude, that probably crushes it. Crushes. He probably makes$100 million a year in revenue off of that. crushes. You know, and then Chris Pratt joined in because, you know, Chris Pratt is very military friendly and likes Jocko and like all that kind of stuff. And that thing is like, you know, it's in Walmart, it's in GNCs. It's like, you know, and Walmart really likes to support those like military founders. And like, you know, it's a product that people like and people really trust him because he has, you know, like they would a Huberman because, you know, he's such a specimen and he talks about working out and training and people really do that.
26:02So these are all places that he totally has permission to be in. And so you can say, okay, well, the focus is why one of them is not working better. Or you like try something, you launch it, it does fine. But what do you do with the fine thing? Like as someone running his clothing company? Yeah, I mean, I think that's what you do with the fine thing is you say, okay, this thing is like doing fine. Let's make sure somebody's running it. And I'm sure somebody's running it. He's a prolific content creator. So I'm sure he has partners and operators that are running these things, you know, being a leadership guy and being in the military.
26:33I'm sure his network is vast when it comes to like getting great operators and knowing how to work with them and communicate with them. I mean, he's a proper entrepreneur. You know, what's funny is I, um, I guess I am a creator, which I don't have anything wrong with that, with that title, but I didn't seek out to become that. I previously started a business and I was mildly okay at running a company. I'm pretty good at hiring, but I was mildly okay at doing the work myself. And I would say I'm mildly okay at being a creator, but finding operators is still hard for me. And like working with them as a partner is quite challenging.
27:06How do you find a partner if like, let's say that you're listening to this and let's say that you have 20 or 30 ,000 followers and you're like, something is here, but I don't know when to get help. And how do you decide when and how? Yeah, I mean, I think entrepreneurs have to be able to, that is kind of one of the telltale signs if they're a founder, that they know how to hire and that they can attract people to hire, which is to say, if you're a creator who does general comedy or just general entertainment and you decide, okay, I want to start coffee or I want to start goo in a bottle, I think attracting a operator is going to be very hard because they're going to say, okay, well, is this possible?
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27:51person really going to put the time into it? Are they really behind it? Is their audience really going to believe it? Like, is their audience really going to move when they say move? And you have to have a real value proposition for an operator to want to come on board and work with you. So I think if you have sound principles and what you want to build and why, you can find a good operator. Like part of that is the test of at least what we invest in. We invest in a creator that is a founder that can attract talent to run their businesses. So where do you go to find them? I mean, first you got to decide what your special sauce is and where you need support.
28:27And I've heard you talk about many times, like where are places that you need support? And you need to be very clear about that. And you need to like make sure that you're attracting talent that's going to like cover the 180 degrees. Also, you don't have to, you can kind of date before you marry, which is to say, work on some projects with them. You know, work on like, say, hey, I want to build this out. I want to try this out. Make sure you're putting enough capital into it so you have money to pay an operator and that you have a plan for it. So I think it's really important to, we look for folks that can attract that kind of talent.
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29:42All right, back to the pod. Can I ask you about like maybe one or you tell me one or two more of these interesting folks because I love hearing about this. But then also after that, I'm going to ask you about if you're starting from scratch, like which niches or categories do you like? Well, I love. OK, so there's there's a couple of creators that are really interesting in the auto care space. There's this great guy named Larry. He has a company called Ammo NYC. And Larry does detailing of like celebrity cars. Wow. Larry has 2.3 million subscribers on YouTube. And all he's doing is cleaning cars and making videos about it.
30:21He details cars. Sorry. Yeah. That was the caveman version of that. I'm looking at his videos. And first of all, there's like a$4 million acid martin that he cleans. But then there's also going to be like a car that's been in a barn for 40 years. And that's going to take like a week. Right. Yeah, yeah. So he, yeah. So Larry has a robust business cleaning celebrity cars that either are going to auction or they just have a badass collection and they're going to be taking it to, you know, a car show or they're going to be, you know, going on going on a trip that's with all the like hot, hot shit car owners.
30:58and he really gets in there and like really understands the cars and has built products with his own mixtures and built his own brushes and towels and everything all d to c and he uses the top of funnel which is the car content of detailing these cars which is like kind of car porn for people. And any car enthusiast who has like a proper collection knows Larry and uses his products. Dude, I would watch these videos like on silent. Like this would be like just played the background of my living room on Apple TV for like, you know, eight hours while I'm just hanging out a day. Larry's awesome. Check out this other guy, Detail Geek.
31:45So this is the other side of Larry. Oh my God. This guy has almost four million subscribers. So what's he do? Like more low-end stuff? he just like he is somewhere in i want to say like the dakotas or the midwest i don't know i don't i can't remember exactly somewhere where they drive lots of pickup trucks that get dirty that's right it looks like the cars have been for like four weeks on a hunting trip in the mud where he's like getting out shotgun shells and he does these 20 minute long videos that get insane views And he too launched his own products called Detail Geek. Really, really interesting guy.
32:24I've tried to talk to him many times. I talked to him once. He's very happy with his lifestyle business. He does not want to engage with people who invest in these things and help scale these things. He's like, I like my family. I like my life. And I make good money. And Bob's your uncle. And he doesn't need it. And, you know, Larry's a little bit more in the sexy world, but the detail geek does not care. This guy's awesome. What's your, you probably can't say, it's a stupid question for me to even ask, but this company definitely does more than$10 million in revenue, I would think. Here's what I'll say.
33:04All of these middle-class creators, I think, have the ability to be venture-style businesses with the right founder and the right hires. So, which is to say, direct-to-consumer businesses who kind of somebody came up with an idea like Casper or glasses that you can buy over the internet or shoes that are different. Like, they were kind of built in a brand boardroom. And somebody said, okay, well, I have a new product, right, that I think the audience wants. And then I'm going to go build a brand, and then I'm going to go build an audience, and I'm going to go spend a bunch of money to build consumers.
33:40These kind of middle class brands have gotten to a place where they're like, I already have the audience. I know product market fit. I'm ready to go. And then it's the right fuel to the fire determines whether they're going to get to venture scale or not. When they're starting, is it just oftentimes them with an iPhone and them editing it either on their phone or on their computer? And how big have you seen them get it with just doing it in that sort of scrappy hustler way? Great. That's a great camera. So Mary, back to Mary, she just shoots everything on her iPhone. Like, that's it. You know, she's on Instagram.
34:20She shoots everything on her iPhone. It goes on her reels. Like, you know, it's just her making the content. So that's one version of it. So if the question is from your audience, can I get started without a big setup? The answer is yes. You know, like, yes. And obviously it depends on the genre you're in and the stories that you're telling. You know, Mary's telling a story about her life. She's relatable. Like you want to know where your meat comes from? It's Mary. It comes from there. It's not highly produced, beautiful, you know, it's just Mary doing her thing. And Mary's rad and her kids are rad and her husband's rad.
34:53And you can tell that right away. Larry started with a small setup and now he's got a four bay or a three bay garage in his spot in Connecticut. That's all lit. And he's got a guy who shoots it with him and he still does it all himself but it's just two guys two guys with two with almost three million subscribers basically yeah i mean he's got more people that work in the business but yeah it's like two or three guys but it's like a beautiful studio yeah slash detail spot it's all well lit he's very intentional about the look and feel and that makes sense for like these high-end cars right like it's like for high-end cars and people who are like very wealthy who have you know multi-million dollar car collections who are watching this kind of video Like you want to like, you don't want to just shoot it on an iPhone.
35:39You want it to look beautiful because Larry cares about what one side of the car looks like before and one side of the car looks like after. And you got to, you got to really show that. So you need equipment and you need light and you can't just shoot it, you know, in the front, you know, in the front driveway. There's one more really funny story that I think you would like. There's this guy named Tonester. Oh, I like him already. Who's Tonester? Yeah, yeah. Tony, I don't really know. I don't want to butcher his last name. He better be some Italian guy with the name of Tonester. So he was working at Sherman Williams, making like, you know, like it's like an entry level job making blends for paints.
36:15Oh, tone, like paint tone. I thought it was like Tony from the garage with like slick back hair. It's like a little bit. It's like a little bit of that. He's not like a slick old guy like that. He's like, he's an interesting cat and he's done a great job. So he starts making TikToks while he's working at Sherman Williams, while he's blending paint. just kind of like talking about paint blends and just kind of posting tiktoks casually and he starts to blow up and then he gets fired from sherman williams because he's using their office for tiktok oh they blew that one which is like duh right so he launched his own paint brand oh my god tonster paints and it's like running a clown card into a bank other than he's not a clown he's really smart and he's done a really great job and he if you look at his tiktok you know he's got north of a million followers and he's has like a no dude on tiktok he's got 2.3 and on youtube he's got a million and i'm almost positive that all the videos it's literally just a camera on a paint can and he sticks the drills in there and he mixes it that's all it is that's right and so that's where it's kind of like back to your story where you can just start and then if you hit the right audience you can you can you can really build it out but i think the the ones that are, and we'll see how he does.
37:31He's doing great now and he's a smart business guy and he's figuring it out. And is that a venture scale business? Like, is he going to have his own Sherman Williams? Is it going to get to a hundred million dollars in the year? He could. It depends on execution at that point. I think that the ones that I look at and the things that we want to invest in at Slow and the things that I think have a better shot to get to venture scale businesses are the ones that have been building audience trust for years that are known for that specific niche, and they have a really strong community, and they are creators that are entrepreneurs.
38:06How long are they typically creating content before they launch a product? They could do it on their first one, or they could do it after four or five years. You know, Jonathan Katz Moses, the woodworker, you know, he launched a product very soon after, and kind of his story was about launching the product, a lot of it. But he did a lot of videos about woodworking and tips and tricks and people were following around for a while so i don't think i think it just depends on your niche and your audience like i think like you really have to be a trusted voice of authority in your niche you know like you have to people really trust jaco you know people really trust atia people really trust huberman people really trust mary but i'll push back a little bit on that because because okay so jaco was a veteran so like he knows about being tough which is like kind of his thing peter atia is a doctor so he knows about health but yeah like this guy worked at sherman sherwin williams i agree that's why it's like who knows it's not like you need a phd you know i think like they're not to discredit them but like i bet you i could spend one year learning how to clean cars and i and i can like make at least interesting enough content and then maybe after a little while longer, like formulate a product.
39:21You know what I mean? It's not like I need to, I don't need to spend eight years of schooling to do this. Totally make, totally make, I agree with your point exactly, which is to say, Tonester is a we'll see because he hasn't spent, like for me, somebody who has spent years and years and is a trust. So back to your architecture, architecture idea or your art, your, your artist idea. Like somebody who has built five or six years of trust and authenticity with an audience and scaled it, they have more permission to launch paint. And then you think that you feel better about their understanding of both the industry and product market fit, feedback from their audience, what their lane is, what they can sell.
40:03Like you feel better about investing in somebody who's been in it for a long time versus somebody who is like, okay, for a couple of years, they've been creating content. So Tonester is like a big, we'll see. I think he's great and he's smart and he's going to do something, but somebody like Larry, yeah, I think you could start a detailed channel and like grow it. Um, but Larry's been doing this for 10 years. And when it comes to getting distribution in other, you know, it's like getting to scale, like the chemical guys did, which, you know, they took an$800 million check and they were, they had shops, they had locations, they scaled into all the different auto specialty shops and Home Depot and everywhere.
40:42Like that comes from years and years being involved in the industry and really understanding the white space and really understanding your audience that people who kind of just get started, like, you know, Mary's been at it for six, seven years and built that trust. So I think the ones that build the trust and understand the community, like they really have an opportunity to scale in a way that somebody who just getting started is like a let's see. So you can use a little bit of me as an example, but just the audience. anyone who's listening and has a passion but like i've sort of thought like oh it might be interesting to do youtube or instagram a little bit more it might be interesting to get into this creator space what's the lessons that i should learn from these people on the repeatable process like what's the best practices that i should uh take away like i know that this is part art where it's just like if you have an it factor it just kind of can work but surely there's some type of workout plan where if I lift this amount of weight and eat this amount of food, then I'm going to be at least in the 90th percentile, like do it for two years versus everyone else.
41:46So like what are the, what's like the, the lift weights and eat, and eat lots of protein, uh, kind of checklist. Version of this? Yeah. That's a good question. I mean, I, a couple of things that come to mind, um, and I'll, and I'll, we can decide together if it's a complete answer or not. I think for you personally and for, or, or, or to take you as an example, like, I think you double down on the stuff that's really interesting to you and stuff that you want to talk about and bring people and you can build an audience around your journey. Right. So you, you're doing a lot of that now, which is like business building.
42:19You're interested in entrepreneurs. You're interested in like what's going on in the business world. And that, that, that'll drive into, you can decide if that's going to work in the bottom of the funnel where you can go beyond being a creator every day. So So, for example, like you like motorcycles, you are sober, you have a family and you are interested in like intentionally raising your kids and being a husband. I would think through the things that are your passion hobbies and that bring you the most joy. And I would double down on creating for those things with keeping in mind, it doesn't have to be day one, but pretty soon that you have to be thinking about creating content, building an audience, establishing yourself as a voice of authority.
43:01in something that there is a bottom of the funnel. Bottom of the funnel meaning a product that I could eventually sell. Yes. Kevin sells raised farm beds and seeds. Doug sells cars. Jonathan, the woodworker, sells tools. The detailer sells chemicals. The tonester guy sells paint. Mary sells meat. You know, on and on and on. Do you think it's safe to say that any content niche can come up with a product or service that can sell? Or should you think first, like what could I sell? And then let me think of which content falls within that category of something I'd be willing to dedicate 10 years to creating that content around.
43:37Yeah, that's a good question. I mean, I think you don't want to, you know, like it's really hard to sell products if you're just funny. Right. You know, those people like I was telling you about my Mormon buddies. They like the L.A. and New York crowd might laugh at them like, oh, these like they might like, you know, be highbrow and laugh at these people. The funny New York-like or LA actor, comedian crew who I know who makes content, they're broke. They don't sell anything. That's right. I think you can build a big audience that doesn't transact and you should be careful about that. And I think if you're in a niche passion category that you like learn and love, you will eventually figure out what the white space is and you can build a product or a service that works there.
44:19And I can give you more examples of people who are doing that. But I think if you're building content, you have to be keeping in mind what's the bottom of the funnel. Like, what am I moving? What am I going to move people to? But I think you start by building a voice of authority in an area. Like, you can't, even if you have a large-scale audience in, you know, in an area, it doesn't mean that you can move product. Like, you have to learn how to do it. Like the people that we've been talking about today, like have learned how to move product and learn how to build product and learn supply chain and hiring and, you know, subscription and blogs and how to keep their audience from churning and how to, you know, keep things in stock.
44:58Like you're an entrepreneur. You got to, you got to know how to, you got to know how to build a business. And that is to say also, like, there are two kinds of business. I mean, there's lots of kinds of businesses, but two, there's like lifestyle business where it's like, hey, I can make a million dollars a year doing this, or I can make half a million dollars a year doing this, or I can make two million dollars a year doing this, and that's just fine with me. The problem with that is, is from varying deals and AdSense and like selling like merch and a couple little things here and there. The problem is, is once you stop, like your revenue goes away.
45:28You're just a freelancer. Yeah, exactly. You've built something that you can't exit. And for some people, that's okay. And it's not like what's better or what's worse. But if you're going to spend five years building your audience, build them into something that you can transact into. And you can add value to them by cool new tools or great ethically sourced meat or cool color tones for your bedroom or anything that adds value to your audience. Is there a medium or a platform that matters? So we've talked about TikTok, Instagram, and YouTube. Those are all video. One thing that I've predicted, I wrote this, or we did a podcast on this where I'm like, there hasn't been like a billion dollar Twitter creator, but I think there will be.
46:12And there might be actually some now. I said this like three or four years ago. Do you think that it has to be video and audio or video? And we know podcasting works too. So video and audio. I think video and audio are the examples that I've seen where people have been able to build kind of like lifestyle plus slash venture scale businesses. I think the audio is a great way to connect with your audience like consistently and you can really like own the relationship and build like a cadence of trust with them. It's a very intimate platform where if you love something, you listen to it weekly. I think video is the same way and building an ecosystem around the video first platforms is, for me, it has more signal.
47:24What's new? What's interesting? What should I pay attention to? And I had friends that had sold their newsletter companies. Like Sam had built The Hustle. Austin had built Morning Brew. And they had sold their newsletters for tens of millions of dollars. So I thought, how hard could it be? I launched a newsletter called The Milk Road. It was a daily crypto newsletter. And it grew like wildfire. We grew it from zero to over a quarter million subscribers in a year. Partly because the content was good. But partly because people were crazy about crypto. And that was a good time to be doing this. But the reality is that we wouldn't have been able to do that.
47:53and build that business that we ended up selling a year later for millions of dollars had we not had Beehive. Beehive was the reason we could do it in a year because if we didn't have that, we would have had to build all sorts of custom stuff or pay expensive consultants to do things or use five different tools and try to stitch them together. Beehive just did it all for us. It is the best way to start and grow a newsletter. An email newsletter is this little secret of the business world because they're free to send, they're free to grow, and you can build this incredible relationship between you and the readers.
48:20So check it out. Beehive is actually offering 30 % off your first three months if you use the code MFM30. So go to beehive.com and then use the code MFM30 to get the deal today. There's a link in the description. I was going to ask you what niches you think like someone should exploit. You said that was you gave me the energy that was hard to answer, but I'm going to so I'm going to like tease you up. Push me. Yeah, well, I'm definitely going to push you, but we're going to ease into it. Push me. Listen, so I'm sure that you have a list of like creators that have one to 5 ,000 people and you see them and you're like, oh, they got something here.
48:55And who is on that list? Is there anyone like that or a category like that? I'm going to preface this by saying a lot of the companies that we've talked about here are very dude-focused. And so I want to also say that there's lots of categories that I'm still learning and getting better at. But one is everyday carry, I think is a really interesting category. Everyday carry being handguns, or does that include like mace and knives and everything? I think like knives, I mean, obviously we've seen what's going on with Ridge Wallet, but like a creator that owns that, like what you keep in your pocket every day.
49:37So yeah, knives, wallet, watch, keychain, pens, writing tables. There's some creators out there that do it. There's a really cool scaled company that sells knives called Blade HQ. It's also a company that's in Utah. And they started creating content because they couldn't advertise because they were selling what is considered by the internet weapons. And I think the everyday carry creator, there are some of them that are really kind of popping up. Some of them haven't reached the scale. You know what? I completely agree with that. And if I was listening to this, So I think that there can be a Hodinkee.
50:19So Hodinkee was a watch blog that eventually. I was on the board of Hodinkee. We invested in it at Sherman. And I don't know. The outcome wasn't as expected, but that doesn't. That's right. But I don't think that meant the business itself was bad. I don't know anything about the company, but if I had to guess, maybe it was like they just grew too fast or something like that. And you can correct me if I'm wrong, but I think there should be a Hodinkee for fountain pens or a Hodinkee for fancy pens. I agree. I mean, I think those are the kind of things when we see those, we're like, whoa, you know, like chess creators.
50:50Really interesting. People who play chess, passionate, you know, that's interesting. Yeah, fountain pens, any of the everyday carry stuff is great. I also think 2A creators, like Second Amendment right creators who are teaching, who kind of do product reviews on different guns and different vinyl and different holsters and things like that, have a massive audience. Obviously, we've seen what happened with Black Rifle Coffee. Yeah. But the ones who are actually teaching about tactics and safety and different weapons and scopes and vinyl to kind of carry it, like those have massive audiences and some of them have built scale businesses.
51:28And I think that's an interesting category as well. There's a guy named, I actually, this is like the first time I ever said this word out loud. It's just one of those words that I read it and I know it, but I'm afraid. So I don't know if it's Hickcock or Hickok45. I thought maybe that meant like he's in Oklahoma and he's like a redneck and he was born in 1945. And he's this old man that you would only understand this if you live in the South or you live in the Midwest like I am from. And we all had grandfathers like this. They like wore like overalls or wrangler jeans and like a flannel shirt.
52:02And they're pretty nice and stoic. And you like being around them. Well, that's what this guy is. Except his passion is like every type of gun on earth. And so he'll do like a machine gun and he'll say like, oh, this is a cute little machine gun. Let's see what it's about. Or he'll be like a revolutionary. And I don't know anything about guns, but I just like watching it. But it'll be like a revolutionary war cannon or like the type of gun in the Civil War where they like, you know, put the thing down and then they load the blacks. I don't know anything about this shit. Or like a silencer on a gun.
52:34You're like, what's that sound like? And this guy, have you ever seen this guy? He's got 8 million subscribers on YouTube. No. I haven't seen it. Oh, my God. Look at T-Rex arms. He's the Bob Ross of guns is what he is. That's the best way to put it. That's awesome. Yeah, and there's some newer cats on the scene. Like, check out this T-Rex arms. It was started by a couple brothers. One of them's name was Lucas Botkin, and he's actually since broken off from T-Rex arms. But it's like tactical Second Amendment content creators, massive firearms accessory business. does some advertising, but there's a lot of restrictions on that.
53:11Sells their own tactical gear, has a total cult-like loyalty. And they're running a really scaled business. Now, what crazy thing is, is Lucas is part of Brothers. And Lucas and the brothers have split. And Lucas is now starting his own thing. So I'm actually interested to see what Lucas builds on his own. And if T-Rex continues to grow. But that's a properly scaled business. All right. So everyday carry. What else? I mentioned chess. Yes. I think that's interesting. People are really passionate about that. We've seen some really cool scale businesses come out of chess. What's a chess business that's scaled?
53:45Chess.com. I mean, that's a multi-billion dollar company. That's right. That's right. Jiu-jitsu? Yeah, we know that. That's a really great category. Have you seen Brazilian jiu-jitsu fanatics? I lived in Texas, man. I feel like everyone did that shit. Yeah, look up the Brazilian Jiu-Jitsu Fanatics website. This is a two-sided marketplace started by a Jiu-Jitsu champion and a guy who kind of did continuing education. Oh, of course I know who this guy is. This is the famous coach, right? Right. But it's a two-sided marketplace. So Jiu-Jitsu instructors can upload their videos, and then people can sort through, like, I want to learn how to do a rear naked choke, or I want to learn how to sprawl better or whatever.
54:36They can pick coaches that they like. The site can help kind of ID coaches that you might be interested in. It's TotalWeb 1.0. This is great. And I can't say how much they're doing, but it's a good business. What about you being the creator? No, man, this is like the hardest thing I do. And talking, like seeing myself on the internet is like my least favorite thing. I'm very excited to talk to you. I think that's what you want to talk about is great. But man, I will never watch this because I just cannot watch myself. I cannot be a creature. Dude, no one watches themselves. Like, I've never seen MFM in my life.
55:08And it's one of these things where you have to have tough skin. But, like, the Mormon family that I mentioned, they have a whole subreddit dedicated to mocking them. And I met them. And these people were the most loving. They're the nicest people in the world. It was the most loving family. They took us in. I felt like I barely knew them and I was their cousins. They were, like, the most loving family. And people mocked them like crazy. And then on our pod, someone will be like, you know, you look fatter or skinnier than I thought, or you look older or younger. And like, we get mocked constantly.
55:39Yeah, no, I think it's a very hard thing to do is like putting it out there and building their audience around things that they're really passionate about talking about. And yeah, I love the idea of getting involved in a creator-led business. But right now, I really love the thesis that we have at Slow, kind of like building out, supporting them and matching capital to creators who are entrepreneurs who are really wanting to build things at scale. Let's say someone said, all right, you got to quit Slow right now and you have to go and join. We'll give you like a draft. Like you get three. You get three picks of creators that you're like, I want to.
56:12Oh, actual creators? I want to join that company and I want like a little stake in it. Are there three that you think are going to the moon? We have this thing called Sarah's List. Sarah was my wife because she joined. We planned where she could join Airbnb at a time where she could still have a very comfy gig, like a$40. You're not totally grinding and you get a lot of salary, but your stock, it's still a 10x. If there was a billy list for you and traders that you like, what would the top three or four be? Oh, my God. I love what Kevin and Doug are doing at Epic Gardening and Cars and Bits. Like those are both humans that I like and would like to work with, which is kind of like my most important, which if you asked me if I hypothetically would go and work with a creator, like I would need to like love them as a human and love the category.
57:11And those are both categories I can really get behind. I just sold my car on Cars and Bits. Oh, you did? What car? 2020 AMG E63 station wagon. Nice. Were you happy with the price? Yeah, I got what I wanted. I hit my reserve. Oh, good. Yeah, I think that's awesome. I only own old cars. So now that Doug is selling old cars as well, I can sell my Scout if I'm ready to move on it. But I... That's great. Yeah, yeah. It's a good... It can be a really good buying experience for everybody. Okay, you should follow Sarah McAllister. Sarah McAllister has a company called Go Clean Go. Right now, Sarah is just like the queen of clean.
57:50And people have been following her since the pandemic. And she's been building. She's got a couple million subscribers on Instagram. I think 2.4. And I think she's got a real shot to build a really awesome business. So I think she's really cool. Wait, does she own housework.com? That's what it is. I don't remember exactly what it is, but yeah. So she has people that love her. They dress up for her as Halloween. What? And she is a badass, and she is really cool. So I really like that business. Does she sell anything yet? Or is it just, it looks like she doesn't even have her own product. So there is still, it looks like she's still prominently a media company.
58:29She mostly makes revenue through, yeah, affiliate links and brand deals and stuff like that at the moment. Oh, this lady's going to kill it. That's a good one. I think she's great. The queen of clean. That's a good one. I don't know if that's what anybody calls her, but I just said that. Dude, if this lady comes out with a laundry detergent, like that's going to be the greatest thing ever. Forget it. Yeah. I really like her. I also really like this creator named Gohar Khan. So when he was like 13, 14, or maybe even younger, he started making like Minecraft YouTube videos. Right. And he built this massive audience.
59:06And then he kind of like put it down, focused on school, got into MIT. and when he was in mit it was during covet so he started making videos about going at going to an ivy right like going to mit you know i think he has you you tell me i don't have it in front of me what does he have six million youtube subscribers yeah more oh my god i'm looking at his numbers uh how so is he in his teens so he launched this no no no he's post-college and he's launched this thing called next admit which helps students write college entrance exams just teaches them how to use chat gpt no it teaches them like teaches them how to not right so he has people that like read through them who have also been into ivs he reads through them and he basically like you know at 80 bucks a pop or something he helps you kind of like do that but he's also kind of gives you a lot of information about how to think about the big story you're going to tell when you want to get into college about the thing you did in high school and now he's starting like SAT prep courses.
1:00:08And he just knows his audience and he knows that young first generation kid who wants to get into that Ivy, not, not bums like you and I were in high school. And he really has an opportunity to build a really scaled, uh, service business that really understands what kids are thinking and kids want when they're trying to get into Ivy's and they're trying to get into colleges. So I like him a lot. Those are two good ones. I think he's really interesting. And I'll wrap up by reciprocating. I'll give you my two. Okay, good. Yeah, yeah, yeah, please. Do you have YouTube in front of you right now? I should have made you go first, bro.
1:00:43I should have made you go first. Well, I had a thing while you were talking. So the first one I mentioned, this guy's got a harder path to build a business because clothes are harder, but it's called the Iron Snail. All right, so the Iron Snail, I started following this guy a while ago. His background is that he went to film school. And Sean and I talked about this on a previous podcast that the creators nowadays, the younger folks, And when I was, well, still, but even when I was younger and YouTube was just getting started, it was all about being authentic, which meant like kind of scrappy and just thrown together.
1:01:15Now they're way more well produced. And so this guy tells you both the history of clothing, like why Jamaicans are obsessed with Clark shoes. Apparently there's like some history behind that. Oh, yeah. But then he'll also do like, here's the highest quality, lowest price clothing ranked. he'll say why are the jap why do japanese makes the best jeans on earth yeah right and so he'll like break down and do these really interesting stuff and you know what's funny is like the the reason why he's gonna win is because you can be a woman this is mostly men's clothes you could be a woman you could not give a shit about clothing you could not give a shit about history but you watch his videos because they're so well produced and because he's so funny he's hilarious that you're engaged and you're bought in.
1:02:00And he is currently in the process of launching his own clothing line. And so he's like, he's documenting it. Clothing is like the hardest thing ever. So it's going to be a hard business. But, and the second one is Project Air. So look up Project Air. It's this young guy named James, who's in the UK. And it originally started out with him building model airplanes so what started as just like a model plane turned into like an rc plane which then turned into i'm gonna build the world's fastest rc jet or i'm gonna build the world's largest rc jet or i'm gonna set the land speed record for an rc car and he's even done things like i'm gonna send a like a spacex i'm gonna send a rocket up and i'm gonna have it land right back down uh Just like SpaceX does, except I'm going to do it like in my garage.
1:02:53So it's like became like hacker engineering stuff to where the stuff that he does is actually incredibly challenging math problems. Like he's a proper engineer. He's got one video where he built an RC battleship and he was like, I'm going to have them fight and sink each other. And I see this guy and I see. What do you think his bottom of the funnel is? Selling RC kits. It's very similar to Mark. uh what's mark rober crunch labs yeah it's very similar where it's educational stuff and if i had to guess a large percentage of fathers like me who want my children to like i think it's cool but like i don't want to build an rc plane and take it somewhere i'm gonna look like a pedophile going and doing this shit i'm gonna be weird but if i get my kid into it i can still you know like have fun doing this shit you know what i mean like i don't want to go like buy an rc car take it to a school how old's your how old's your little one again we got a ways to go you got a ways to go but you're just gonna bring them along in the in the pram yeah i'll be like my kid's just a prop basically so i can go to a schoolyard with a really fast rc car awesome and so and so i think there's a bottom of the funnel for that to like build uh like model kits i will check him out yeah rober has done it right like that's i mean that business has exploded those guys have done a great job building out those that subscription kits and there's this entire there's this one guy his name's remi i think r e m i and this will be my last one type in remi rc plane so check this out this is so strange so it's r a m i rc he has a million followers tell me what the first video that you see can you can you tell me what that says remi rc plane world's biggest rc 20 million million views on this one building an airbus this guy is building a freaking airbus so he's building remote control airplanes that are the size of a of a olympic size pool like these it's basically a fucking plane is what he's building and there's a really weird part about this story so they never truly call this out i think maybe they do occasionally okay but you're gonna see them on like an air uh like an airstrip and you're gonna see them take take off from a house and you're like does this guy is remy just a rich guy with a with a where what is going on right it's tyler perry's house so tyler perry his hobby is he loves rc planes and so he is this guy's patron and so this guy remy i don't know if he lives there or if he just spends some time there but tyler he just puts him in a pram and takes him to the park he i don't know what he does but tyler Perry has this massive hanger at his house, except I bet you he has a hanger with real planes, to be honest.
1:05:37He's so wealthy. But he also has one dedicated to RC planes. And you'll see, it's so funny. Tyler makes cameos. Like, you'll see him, like, basically, I know that Tyler's paying for it because Tyler is always the one flying the plane. And so these guys, Remy, will, like, build the jets and just hand it to this, like, guy who they barely talk about or mention. and it's Tyler flying the jet because they like don't want to wreck, you know, it probably costs 100 grand for this jet. And this guy, it's such a, oh, I guess they do call it out. So flying planes with Tyler Perry. But that's like basically it.
1:06:10Like they barely talk about it. The fact that it's just this like guy, I think he's from Dubai. That's the internet, bro. It's so cool. And so this guy has a million followers and I think that's like another interesting thing. So those are my picks. Yeah, that's good. This isn't a pick that, like, anyway, you should check this one out. Have you seen Hacksmith? What's Hacksmith? Dude, these guys just dropped something called the Smith Blade. Oh, these guys are going to kill it. Dude, they just did$7 million on Kickstarter in, like, a week. Well, it says 13 days to go. I think they dropped it this time last week.
1:06:49That's what I want to say. $7 million. And it's just a box cutter? No, it's a multi-tool. A multi-school is like a Swiss Army knife, right? It's got like five different kinds of knives on it. And like, you know, a Swiss Army knife is going to have your toothpick and your tweezers and a couple of different kinds of knives that have different edges and blades on it. And this one is built with the kind of intention of everything that you would need. Like, these guys also sell lightsabers. Like, you got to check out their YouTube page. Oh, my God. And they have 15 million subscribers. yeah they they sell like lightsabers and and and uh all kinds of like what's a lightsaber is that just a flashlight a lightsaber have you seen star wars i will i know what it is but i don't know how i would make so you haven't seen like you just know about star wars you haven't seen star wars no i was like playing sports and stuff and going outside i also played sports and i know and i know what Star Wars is.
1:07:45I know what it is, but I don't know how, is it a flame? It's a little, it's a mini lightsaber, bro. Check it out. I mean, they call them sabers. What comes out of the metal part? A piece of plastic? Light. But that's just a flashlight, no? These are, yeah, they're badass flashlights. You could call it that. But they're, you know, they're$150 Canadian or they're$350 or they're$500. They're like badass. Dude, I just bought a$500 laser pointer the other day because apparently if I could shine it on a piece of paper, It's going to light it on fire. So I'm not saying like I'm above this. No, no, no, no one's above this.
1:08:19This is cool. I'm into it. I'll tell you, no one's above it. These guys just sold$7 million in multi-tools in like a week. So really interesting. I hope our wives are still willing to have sex with us by the end of this episode. Billy, man, you're cool. I'm really thankful that you came on and hopefully we'll stay friends. But you're the man. Yeah, man. Thanks for having me on. I love what you're doing. And, you know, happy hunting. Thank you. That's it. That's the pod.
1:08:58My friends, if you like MFM, then you're going to like the following podcast. It's called Billion Dollar Moves. And of course, it's brought to you by the HubSpot Podcast Network, the number one audio destination for business professionals. Billion Dollar Moves. It's hosted by Sarah Chen Spelling. Sarah is a venture capitalist and strategist. And with billion-dollar moves, she wants to look at unicorn founders and funders. And she looks for what she calls the unexpected leader. Many of them were underestimated long before they became huge and successful and iconic. She does it with unfiltered conversations about success, failure, fear, courage, and all that great stuff.
1:09:35So again, if you like My First Million, check out Billion Dollar Moves. It's brought to you by the HubSpot Podcast Network. Again, billion-dollar moves.
From the publisher
Want to start your own million dollar business with less than $1k? Get the guide: https://clickhubspot.com/wbk
Episode 742: Sam Parr ( https://x.com/theSamParr ) talks to Billy Parks ( https://x.com/billyfilm ) about 7 creators making $5M to $10M from niche content with small audiences. Billy is a partner at Slow Ventures where he invests in creator-built businesses.
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Show Notes:
(0:00) The creator middle class
(6:53) Jonathan Katz-Moses
(15:24) Mary Heffernan
(23:03) Jocko Willink
(29:01) Detail Geek
(35:10) Tony Seno
(46:15) Niches to go after
(58:17) Under the radar creators
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Links:
• Jonathan Katz-Moses - https://www.youtube.com/@katzmosestools/videos
• Mary Heffernan - https://fivemarys.com/marys-story
• Jocko Willink - https://www.youtube.com/@JockoPodcastOfficial
• Tonester - https://www.youtube.com/@tonesterpaints
• T.Rex Arms - https://www.trex-arms.com/
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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.
• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
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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
• 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
