How to Reverse Engineer Great Business Ideas (Sam Parr, The Hustle & Hampton)

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.8 • 1.1K Ratings

🗓️ 7 May 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 132: To kick off Founder's Journal's new episode format, I speak with Sam Parr (@thesamparr), founder of The Hustle and Hampton. Sam is an expert at reverse engineering business ideas, and we speak about the tools and frameworks he uses to find and vet the best businesses using examples from Sam's life. Send us an email and let us know what you think of the idea! [email protected] #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's up everyone? Welcome back to another episode of Founders Journal and the first episode of Founders Journal rebooted.
0:07.0	I'm your host Alex Lieberman, co-founder and executive chairman of Morning Brew.
0:11.0	And as I mentioned last episode, Founders Journal is back and better
0:14.8	than ever with a new format that I believe you are going to absolutely love.
0:18.9	Each week I am going to curate a world-class entrepreneur and interview them about their one thing, their
0:26.0	one superpower, that one thing that looks effortless to the world, the one thing that stacks
0:30.9	the deck in their favor as they build great businesses.
0:33.9	And today's first guest is none other than Sam Par.
0:37.2	Sam is a successful serial entrepreneur who's best known for The Hustle, Hampton,
0:42.3	and the popular business podcast, My First Million.
0:45.5	This episode we talk about Sam's One Thing, which is finding and vetting business ideas
0:50.8	by using a collection of tools and frameworks that he has picked up over the years.
0:56.1	And we explore these tools by using actual examples from Sam's life, how he came up with the
1:00.8	hustle, how he reverse engineered billion dollar businesses
1:03.8	to launch hustle trends,
1:05.2	how he put a new spin on the proven CEO network
1:08.0	business model with Hampton,
1:09.7	and a new business that he's in the middle of building right now and it's tBD
1:13.7	whether he can call it a success. Without further ado here's my convo with
1:17.6	Sampar. So you've been pretty prolific in launching businesses over the last 10 years.
1:33.8	I want to go in chronological order and finish with your current business, which is Hampton,
1:39.5	which is super exciting.
	...

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