My First Million #168 - How to Reverse Engineer Businesses, The Indonesian King of Coal & the Story of Adidas
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Apr 7, 2021 This podcast dives into fascinating stories behind successful businesses. Discover the intriguing journey of the Indonesian King of Coal and his lessons in cronyism. The hosts discuss 'business as the art of copying' and explore innovative business models like Turned Yellow. A surprising take on robo-pets sparks debate about the future of companionship. Finally, enjoy the captivating origins of Adidas and how its rivalry shaped the brand's legacy. It's a blend of humor, insight, and entrepreneurial wisdom!
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Turned Yellow Business
- Turned Yellow is a drop-servicing company that creates Simpsons-style illustrations.
- They use a clever marketing strategy, featuring Howie Mandel, and are exploring IP licensing.
Acquiring Family Guy Rights
- Sully, a mobile game developer, acquired Family Guy rights through persistence and leveraging connections.
- He offered a lucrative deal and involved Marc Andreessen's mentor.
Cronyism in Business
- Sam Parr is surprised cronyism isn't more rampant in business dealings.
- He questions why bribing for advantageous information or deals doesn't happen more often.
