TikTok has been all over the news lately. They've even briefly shut down US operations. While it's unclear what the future will look like for TikTok, one thing is for certain: They have changed the social media landscape forever.
New Episodes on Wednesdays!
Music: Novembers - Come Over
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Quibi was a flash in the pan. They raised a lot of money, took on industry giants, and fizzled out before their names were written in history books. In today's episode, we look at some errors that led to the quick demise of Quibi.
New Episodes on Tuesdays!
Music: Novembers - Come Over
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
The 2010s were arguably the peak of ecommerce. Amazon solidified itself as the greatest e-commerce company of all time, and many other people made themselves millionaires through social media ads. In today's episode, we look at how Wish.com went from dominating the 2010s through dropshipping to being a relic of the past.
New Episodes on Tuesdays!
Music: Novembers - Come Over
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Tariffs can have unpredictable everlasting consequences. Sometimes a tariff on chicken can make F150s the best-selling trucks, and sometimes a quota on Bananas can build the Luxury Market in Asia. Join me as I uncover the banana war, a political battle over a fruit.
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
AI has completely changed how AWS, Microsoft, and Google approach cloud computing. Cloud computing was once thought of as outsourcing IT infrastructure. Cloud computing is no longer how companies store data, it's now a competitive advantage for many companies depending on their chosen provider. In today's episode, we look at why not all companies are created equally.
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Starbucks recently announced a decrease in same-store sales. How can a company that sells things that people are literally addicted to be struggling? In today's episode, we look at why Starbucks might be struggling due to its success.
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Moats are naturally occurring in the business world. Whether you want to create a new life-saving medicine, build a plane, or sell cereal, you face an uphill battle because of a moat. In today's episode, we look at how Rivian was able to carve out its lane in an industry designed to keep new startups out.
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
The future looks like a mix of AI and Mixed reality. Meta's new development product, Orion, could be the future we've all seen coming. In today's episode, we discuss the implications of Meta's Connect event.
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Apple is worth trillions of dollars, so it would only stand to reason that the iPhone is worth at least a trillion as well, right? In today's episode, we explore the idea of the iPhone being the most important product in the world.
Sources:
Where is the iPhone made? From components to final assembly (androidauthority.com)
Charted: Apple's Product Revenue (2007-2023) (visualcapitalist.com)
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Dollar Stores are facing an existential threat from Temu. In today's episode, we learn about how a two-year-old company named Temu is threatening to put an entire company out of business.
Time Stamps:
00:00 Intro
1:58 History of Temu
3:16 Reason #1 - Value
4:19 Reason #2 - Selection
5:00 Reason #3 - Flexibility
5:53 Reason#4 - Marketing
6:48 What I think Dollar Stores Can Do
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Chewy is one of the few companies that compete with Amazon in a world where anyone can sell anything online. In today's episode, we explore why one of the best competitive advantages a company can have requires little to no technology. Listen to today's episode to learn how to build an e-commerce company that competes with Amazon.
Audio Source: https://www.youtube.com/watch?v=N5uhKKRcBD8
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
It seems like every day we are reading about a new company closing a funding round that is leading to a lofty valuation. Discover how the internet is revolutionizing the Consumer Packaged Goods (CPG) industry, creating billion-dollar startups that are disrupting traditional markets. In this episode of Business Adventures, we explore the success stories of Liquid Death, Magic Spoon, and Chomps – three innovative companies that have mastered the art of leveraging digital marketing, novel product ideas, and modern technology to achieve unicorn status.
Learn about the three-pillar strategy driving these CPG disruptors:
From canned water with attitude to adult-oriented cereals and clean-ingredient meat snacks, we'll uncover how these brands are changing how consumers choose products. Gain valuable insights into trend-spotting, building passionate fan bases, and cultivating a tech-company mindset in the CPG space.
Whether you're an aspiring entrepreneur, a marketing professional, or simply curious about the changing landscape of consumer goods, this episode offers a deep dive into the new era of CPG innovation. Join us to explore how the internet isn't just changing how we chew gum – it's transforming the entire consumer goods industry.
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
Side hustles are a good form of extra income. Often you can double, or even triple your income. In today's episode, we learn about, arguably the most successful side hustle of all time, CarMax.
Check out my Episode about Jet.com:
https://podcasters.spotify.com/pod/show/premillshow/episodes/Remember-When-Walmart-Bought-Costco-e2kat7g
If you enjoyed today's episode:
Connect on LinkedIn:
www.linkedin.com/in/david-dooley-aa919285
Leave a Review on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-premature-millionaire-show-the-show-about/id1367751324
Consider Subscribing:
https://podcasters.spotify.com/pod/show/premillshow
Leave a Rating on Spotify! Thanks for listening!
In rural America, there are only a few certain things, the town shuts down after 9 pm, you're going to be stuck behind a tractor at some point, and gas station pizza hits different. In today's episode, we analyze Hunt Brothers Pizza and learn about how they buck the trends of modern entrepreneurship.
Check my episode on how Foot Locker Saved Malls
If you enjoyed today's episode:
Connect on LinkedIn
Leave a Review on Apple Podcasts
Consider Subscribing
Leave a Rating on Spotify! Thanks for listening!
There was a point in time not too long ago when people bought things in-store instead of online. Jet.com was one of the pioneering companies for how we do business today. In today's episode, we cover the fundamental way of how to retail, and why Walmart spent billions on a team of people.
If you enjoyed today's episode:
Connect on LinkedIn
Leave a Review on Apple Podcasts
Consider Subscribing
Leave a Rating on Spotify! Thanks for listening!
Today's episode jumps into some of the reasons why people are returning their Apple Vision Pro headsets. Meta seems to be engaged in an existential war with Apple for the headset market, and the early indicators are pointing to one company over the other.
If you enjoyed today's episode:
Connect on LinkedIn
Leave a Review on Apple Podcasts
Consider Subscribing
Leave a Rating on Spotify! Thanks for listening!
NVidia is almost worth $2T. Is their market cap justified? Everything NVidia seems to do seems to turn into a cash cow. In today's episode, we cover why Nvidia is so valuable, its relationship with AI, and what its competition looks like.
If you enjoyed today's episode:
Leave a Review on Apple Podcasts
Consider Subscribing
Leave a Rating on Spotify! Thanks for listening!
AI has taken the world by storm. Every publication and podcast talks about how much it will change your life and how things will never be the same again. While I do think that will happen, I think there is another monumental shift that is coming down the road. In today's episode, I dive into why I think another company will topple Apple's valuation in the future.
If you enjoyed today's episode:
Leave a Review on Apple Podcasts
Leave a Rating on Spotify! Thanks for listening!
Time to break out your old walkman, zip up the jacket with 20 zippers, and put on some leg warmers because we're jumping back to the 80s to learn about why Japan was so dominant.
If you enjoyed today's episode:
Leave a Review on Apple Podcasts
Leave a Rating on Spotify! Thanks for listening!