Doug DeMuro: How A YouTube Car Reviewer Sold His Company For $40M
Episode 456: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk to Doug DeMuro (@DougDeMuro) founder and creator of the popular YouTube channel Cars and Bids, about selling the majority of his company for $40 Milllion, competitors, and more.
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Show Notes:
(00:18) - Intro to Doug
(03:28) - The key to building trust
(08:50) - When was the turning point for your channel?
(16:03) - Why did you think you could beat Bring A Trailer?
(16:55) - How creator business partnerships work
(31:25) - How does your brand change as you gain wealth?
(49:20) - How does it feel to be wealthy?
(54:30) - Doug's feud with Car Dealer Guy
(01:09:30) - Will Doug ever fly private?
(01:11:45) - Sam gets flustered by Doug
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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
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