• #53: 9-Figure CEO Talks Building The Next Berkshire Hathaway
    Aug 30 2024
    In #53, Michael and Simmy talk to Sieva Kozinsky, the founder and CEO of holding company Enduring Ventures. Sieva built two startups before reading a book about Warren Buffet and focusing his efforts on buying businesses to hold forever. In this episode, Sieva talks about his early ventures, why he doesn't believe in the venture capital model, the kinds of businesses he buys and looks to buy, competition, and learnings from Warren Buffet and more. #businesspodcast #podcast #entrepreneurship Learn more about your ad choices. Visit megaphone.fm/adchoices
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    56 mins
  • #52: $540M Founder Shares His Repeatable Software Playbook
    Aug 14 2024
    In this episode of Our Future Podcast, hosts Simran Sandhu and Michael Sikands interview special guest Stan Garber, the co-founder of ScoutRFP (Acquired by Workday) and Levelpath. Stan shares insights into his entrepreneurial journey, highlighting his past successes like selling ScoutRFP for $540M and building a stealthy but huge restaurant tech business, as well as his current AI + procurement venture, LevelPath. Stan emphasizes the importance of long-term partnerships in business, referencing his enduring collaboration with his high school friend and co-founder, Alex. Join the conversation to learn from Stan's experiences and gain valuable advice for aspiring young entrepreneurs. 01:23 Early ventures. 04:54] Scaling a Successful SaaS Company. 08:15] Painless RFPs. 10:15] Evolution of business scalability. 15:06] Building a sustainable company. 19:29] Scaling a successful business. 21:40] Maximizing existing customer value. 25:29] Fragmented supplier record data. 27:36] Delightful procurement vision. 31:12] Building expertise in different industries. 36:57] Building successful software companies. 39:47] MVPs and fully baked products. 43:22] Building a successful enterprise company. 45:23] Young entrepreneurs and inspiration. #podcast #startups #entrepreneurship Learn more about your ad choices. Visit megaphone.fm/adchoices
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    47 mins
  • #51: Whoop's Genius Business Model, Robotic Shoes, and Lucid Dream Wearables
    Aug 1 2024
    In #51, Michael and Simmy aggregate exciting business case studies in the world of consumer hardware. The boys analyze hot new products hitting the market like robotic shoes, VR desktops, and bio-hacking wearables. They also peel back the hardware-as-a-service business model that's made it easier to succeed with physical products and the marketing advantage hardware startups have on software. Tune in for a banger this week! Learn more about your ad choices. Visit megaphone.fm/adchoices
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    38 mins
  • #50: Cybersecurity riches, Wiz's $23B offer, and the "Apple Pay of Identity"
    Jul 24 2024
    In #50, Michael Sikand (@michaelsikand) and Simran Sandhu (@simmy) dive into the booming cybersecurity market, highlighting recent incidents and opportunities. They discuss the CrowdStrike internal error that impacted major companies and the potential $23 billion acquisition of Wiz by Google. The hosts emphasize the financial potential in cybersecurity, noting the industry's growth from $182 billion in 2023 to an expected $314 billion by 2028. They explore various business ideas, including incident response services, consumer-focused cyber products, and identity verification solutions like Footprint. The episode also touches on the rapid growth of companies like Drada and Vanta, and the potential for ClEAR to have an "Nvidia moment" in the future. The hosts conclude by encouraging listeners to consider opportunities in cybersecurity, a field they believe is as lucrative as AI. 05:30 - CrowdStrike Incident and Market Impact 10:00 - Rise in Cyber Attacks and Ransomware 15:00 - Potential in Cybersecurity Services and Insurance 20:00 - Ashley Madison Hack Documentary 25:00 - Identity Verification and Biometric Security 30:00 - Footprint: Apple Pay for Identity 35:00 - Wiz Acquisition by Google 40:00 - Clear's Potential in Identity Verification 45:00 - Consumer-Based Cybersecurity Products #Cybersecurity #TechTrends #StartupStories Learn more about your ad choices. Visit megaphone.fm/adchoices
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    36 mins
  • #49: This 20-year-old makes $650K/mo bootstrapping AI tools?!
    Jul 17 2024
    In this episode of Our Future Podcast, Michael and Simmy dive into the journeys of young entrepreneurs like Arib Khan and Dhruv Bindra discussing their unique distribution strategies that enable them to be bootstrapped. We explore the importance of founder-led marketing, the value of investing in distribution, and the evolving landscape of startup success. We also touch on the need for modern content strategies in startup accelerators like Y Combinator. Tune in for insights on building and scaling businesses. 00:00 - Introduction and Podcast Anniversary 00:29 - Convo with Denise Hazime and ProdoScore 02:21 - Private Equity and SaaS Companies 08:28 - Dhruv Bindra and Styl App 16:02 - Arib Khan and Crayo's Success 22:15 - Y Combinator and Startup Strategies 25:48 - Importance of Distribution and Marketing 32:45 - Challenges in Hiring for Marketing Roles 34:28 - Closing Remarks and Podcast Wrap-Up #business #startups #podcast Learn more about your ad choices. Visit megaphone.fm/adchoices
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    36 mins
  • #48: These Childhood Friends Are Sam Altman's Worst Nightmare
    Jun 26 2024
    In #48, Michael Sikand and Simran Sandhu discuss mid-twenties founders Edward Tian and Alex Cui, the co-founders of AI detection startup GPTZERO which has raised $13.5M and is already profitable. They explore the dynamics of shows like Shark Tank and the success of startups that didn't secure deals. The conversation shifts to the importance of distribution in the success of AI tools. They also touch on the potential of AI in education, citing examples like RapStudy and StudyBuddy. The episode concludes with a debate on the merits of building cashflow businesses versus pursuing big, impactful ventures, emphasizing the diverse paths to success in entrepreneurship. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    34 mins
  • #47: How We Sold Our Bootstrapped Startup In 2 Years
    Jun 19 2024
    After nearly 50 episodes, in #47 Michael Sikand and Simran Sandhu share their own entrepreneurial journey, from starting their media company Our Future to getting acquired by Morning Brew. They discuss the lessons they've learned, the strategies they employed, and challenges faced along the way. 0:00 Intro & Cold Open 2:07 Michael and Simmy's first idea: Jet Coffee 03:16 Being scrappy and lessons learned in scaling the business 5:13 Importance of starting a podcast and building a network 6:07 Strategy of leveraging podcasts for networking and opportunities 8:01 Discussion on the accessibility of media as a starting point for entrepreneurs 9:17 Importance of building relationships with potential co-founders 10:09 Emphasis on having a clear goal and being open to pivoting 12:37 Importance of being delusional and confident in pitching oneself 17:48 Transition to discussing the acquisition by Morning Brew 23:55 Importance of being cautious with potential acquirers and their agendas 26:02 Advice on handling acquisition discussions and maintaining focus on business growth Learn more about your ad choices. Visit megaphone.fm/adchoices
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    42 mins
  • #46: This 23-Year-Old Is Worth $100M From Police Drones
    Jun 12 2024
    Inn #46, Michael Sikand and Simran Sandhu delve into the stories of two young founders, Blake Resnick and Mohak Nahta. Blake Resnick, a 23-year-old entrepreneur, has built a police drone startup called Brinc. He's raised $80M from investors like Sam Altman and Peter Thiel and the company is now valued at over $300M. Next up is Mohak, the founder of Atlys, who has created a platform to expedite the visa application process, allowing users to complete the process in minutes by simply taking a selfie, scanning their passport, and answering a few questions. He's raised over $16M from investors like a16z. 00:00 - Introduction and Podcast Overview 00:11 - Episode Preview: Young Founders and Their Ventures 00:35 - Michael's Sales Pitch Anecdote 01:06 - Daily Office Rentals Business Idea 02:05 - Blake Resnick's $300M Police Drone Startup 05:31 - Public Perception and Privacy Concerns 08:01 - Surveillance Technology and Public Backlash 10:49 - Challenges in Selling to Public Service Departments 17:28 - Second Story: Atlys - Expediting Travel Visas 24:47 - Pay for Passport Programs and Government Revenue Strategies #business #podcast #startups Learn more about your ad choices. Visit megaphone.fm/adchoices
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    32 mins