#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future
01:05:00 Share

Shaan (@ShaanVP) and Sam (@TheSamParr) go in depth on how the Sweepstakes industry works, and Sam shares how they would use sweepstakes to grow the Hustle. The guys also discuss a business friendly take on deep fakes, a no-chicken chicken nugget, and how options contacts could work for startup founders. They end the episode with a long segment where Shaan predicts what the next version of today's big companies will look like.

• Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/

• Support the pod by spreading the word, become a referrer here: https://refer.fm/million

• Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.

Show notes:

• (1:20) Recap of episode 

• (6:36) Brick and mortar businesses

• (10:45) Losing millions with shipping delays

• (14:26) Oasis - a positive spin on deep fakes

• (23:23) Multi-million dollar sweepstakes businesses

• (36:39) How the Hustle thought about user acquisition

• (41:12) The chicken-free chicken nugget

• (44:09) Options contracts for startups

• (50:16) The Future: Shaan gazes into a crystal ball

• (51:13) The Future: Apple

• (51:56) The Future: Facebook

• (53:23) The Future: Amazon

• (54:31) The Future: 7/11

• (55:28) The Future: Netflix

• (56:55) The Future: Pornhub

• (57:53) The Future: Domino's

• (59:30) Episode close