#175 - Brainstorming Million Dollar Ideas with Elaine Zelby

**Sam Parr** (0:00)
All right, there's this amazing book called Getting Everything You Can Out of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm gonna tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How to Make Money with What You Already Have. It's an incredible episode. Talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said, you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's Podcast Network. You can check it out, Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.
You have to check it out. This guy's amazing. It's called Business Made Simple with Donald Miller.

**Shaan Puri** (1:03)
By the way, first unicorn officially today. One of my angel investments officially raised at over a billion dollars.

**Sam Parr** (1:10)
Yeah.
All right, everyone, we have a great episode. But first, before we get into it, I've got a huge favor.
There's this new feature in the iTunes store. So I want to show it to you. I want to be one of the first to use it. So go type in MyFirstMillion or hopefully you already are. If you're not... If you're on an Android, you can ignore this for now. Or you can... No, matter of fact, you can do this on Spotify. So go to your iTunes store right now, or your podcast app. My apologies. Podcast app. Type in MyFirstMillion and find our podcast. And then you're going to see a button.
It should be blue on podcast and it says, Subscribe. And I want you to tweet at me, the Sam Parr, with a picture of that. And you're going to see this brand new feature that Apple just relaunched. It's a really cool hack that we just discovered. So click that button and tell us what's happened.

**Shaan Puri** (2:10)
This is what they were talking about in the keynote yesterday, right?

**Sam Parr** (2:13)
Yeah, it's like a big deal. Only a few people got access to it. I knew a guy and I got access to it. So go ahead and click that Subscribe button. And if you're in Spotify, I talked to Daniel Elk. He actually... They're releasing something too. Click the button that says File Elk.

**Shaan Puri** (2:26)
The cousin of Daniel Elk, the actual founder of Spotify, right?

**Sam Parr** (2:29)
It's their cousin. It's a Norwegian thing or a Swedish thing, whatever he is. It's a Scandinavian thing.
Anyway, today we've got a great episode. Shaan, who do we have?

**Shaan Puri** (2:39)
We have Elaine Zelby on. She's a VC at Signal Fire. And more importantly, she is an idea woman. So she has a sub stack that's three new ideas every week.
Very much like what we do. She also does this thing called... I don't know what it's called, but it's a podcast about boring businesses like...

**Sam Parr** (2:56)
Unsexy. It's called Unsexy.

**Shaan Puri** (2:57)
Unsexy. It's about like, you know, oh, you run a chemical plant. Tell me about that. You know, so things like that. So very much in line with what we do. We had a bunch of... We brainstormed a bunch of ideas. So we talked about ideas. The adulting vault, we'll tell you what that is.
The SMU, sleep, sleep bed for adults.
TheraPunch was one of the ideas. A subscription shoe company idea. And then we also...

**Sam Parr** (3:21)
The best one was the startup Saas bundle. That was the best one.

**Shaan Puri** (3:23)
Startup Saas bundle. And also she kind of gave us a peek under the hood of it. Signal Fire has this thing that's like this data machine that spits out like, you know, great investments using all 27 different data signals.
And we kind of asked her like, hey, is that bullshit? Is that just marketing? Seems like it's just marketing. Is that bullshit?
And she gave a pretty good response. So we kind of talked about that as well.