1:06:00MFM #172 - Advice to Young Entrepreneurs, Indie Businesses Making Millions, & How to Grow a Podcast
From My First Million · Published Jul 5, 2021 · Watch on YouTube
TL;DR
The hosts discuss their podcast growth tactics (preparation, YouTube full episodes, email blasts via The Hustle) and set a goal of 100k downloads per episode. They analyze Coinbase’s public listing, comparing its seed round return (2200x) to Bitcoin’s (5000x) and emphasize that illiquidity forced holding.
Key insights
- The podcast’s recent growth (from ~15k to ~22k downloads per episode, 60% increase) came from better preparation and email blasts, not from YouTube clips (clips are not working).
- Coinbase’s seed round at $0.15/share is now ~$330/share (2200x), but Bitcoin from $12 to $62k over the same period would have returned 5000x, outperforming the startup.
- The illiquidity of early-stage investments (inability to sell until IPO) was a feature, not a bug — it forced holders to keep their stake.
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