Scott’s Nine Businesses | Prof G Markets

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This week on Prof G Markets, Scott tells the story of his career in entrepreneurship, from starting a video rental company before business school, to going public with Red Envelope, to founding Prof G Media. He shares what was most meaningful about those experiences, and what was most surprising.

Timestamps:
00:00 - This week's number
00:29 - Today's episode
01:49 - (1990) Stress Busters: VHS Delivery Business
06:34 - (1992) Prophet: Consulting Firm
12:22 - (1996) Aardvark: Online Pet Supply
14:13 - (1997) 911 Gifts / Red Envelope: Online Gift Delivery
20:36 - (1999) Brand Farm: E-commerce Incubator
24:14 - (2005) Firebrand Partners: Activist Investment Firm
27:25 - (2010) L2: Consulting Firm
41:12 - (2018) Section: Online Education
42:54 - (2020) Prof G Media: Media Company
47:47 - When you look back at your career, what has surprised you most?

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Damn, I gained a whole new level of respect for Scott. And that’s saying something, as I’ve been following his content since 2015 when I started as an illustrator at a midwestern agency. He’s an inspiration. Toward the end of the interview, Ed asked him what’s been surprising and Scott had a look of reflection on his face and his voice kinda broke as he answered. Sincere moment, great episode.

the_river_acheron
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I'm not big on writing YouTube comments, but I can't help expressing how remarkable this episode is. Absolutely outstanding. Hearing someone's failures is far more insightful than hearing of their successes. It's unlikely that we'll repeat anyone's unique path to success but we often _will_ share many of their failures. There's also catharsis in commiseration. It's refreshing to hear a genuine, relentlessly candid dialogue in contrast to the scripted and whitewashed hero narratives that are omnipresent in modern media. Thanks for sharing.

Dan-hwiu
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I really liked the L2 historical lessons. The best parts of this podcast are Scott's advice based on his esperience and Ed's questions. Please do more of these where you share life experiences and lessons. Thanks to everyone on the #ProfG podcast team for continually innovating

GregCurtin
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One of the best episodes yet, from one of the best podcasts ever. I still vividly remember that day when - after getting us all hooked on the dopamine rush of "Winners and Losers" week after week - you suddenly went "We won't see you next week". Painful. And now to hear that this is your last venture... let's just enjoy this incredible ride as long as we get the privilege of Scott's wisdom, wit and experience!

itspossible
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Damn. Scott getting emotional at the end was incredible. That level of thankfulness is wonderful. The jab at Ed to take the edge off was perfect 😂 Great show today!

LevelofClarity
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I’m just a 55 year old SAHM raising my grandkids here in TexAss and damn, Prof, you got me all inspired up in here. Thanks for the sincerity and emotion in all of your ‘casts, particularly around boys/men and emotional security and demonstrative intimacy.

dominamatrix
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Outstanding content. This is the Scott I was so amazed to see at L2. This is superhero Scott… egotistical and humble. Pensive and extroverted. Touché Scott… life’s been good!

VirmanaMarketing
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My only Mormon friend had me over when I was alone for Christmas, I witnessed his daughters baptism, worked on a desk beside him in a high stress job.

He worked so hard, had a great sense of humour, very intelligent, and never ever once tried to convert me. The family values and health conscious lifestyle was typical of the people I met at the church during the baptism. Great, loving, thoughtful and responsible, mature people. I loved every Mormon I've met, more than most anyone else except Sikhs. Sihks are effin awesome too.

-written by some random middle aged white guy in urban Canada.

paxdriver
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Love how personal Scott got in this pod. Been feeling down, but after this pod feel ready to take on the world

alanli
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Found this podcast 2 months ago, each episode is a highlight of my week

kingamplify
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9:21 "Nobody is really qualified to do anything they ever do, and that's what it means to be an entrepreneur." I couldn't agree more!

outofdarts
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One of the very best interviews / stories about the journey of being an entrepreneur. So real, so true, so raw. EVERY entrepreneur should watch. Kudos Prof G for sharing!

NickBraun
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Scott is always dropping truth, and is a 100% Sicario.. I'm very thankful that he shares deep and in an open way all his life transforming experiences.

Ed, has become top pick in the draft level interviewer, with unlimited upside. Ed's natural interviewing persona, the way he organically invites responses deems him worthy of a 100% interviewing great leaders show & panel leader at conferences/events etc..

aaronrey
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A lot of respect to the Prof, not only has he been highly successful, but he has the humility to recognise his advantages in life.

bigmoo
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i miss L2!!! it was such a great source of analysis and inspiration

Nahtanos
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This was an absolutely fantastic episode. You're right, we do connect with the podcast on an interest as well as on a deeper level - core social values and wry humour.

Scott would make for a great Buddhist

paxdriver
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Such an amazing show!! The personification of experience, intelligence, humour, humility and honesty that everyone should listen to…thank you!

rsquinlan
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Thanks Scott, Ed and team. Appreciate you.

thomas
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One of the most insightful episodes i have ever heard to Prof G.
I'm following his content since 2019, and he inspired me & my career a lot
Thank you Habibi Prof G

Almoussamusic
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Absolute favorite episode so far. Love learning about the markets and your perspectives but I glean so much value in these candid interviews about your successes and failures. My father is a 60+ hours a week architect and engineer that bleeds for his own company, you aren’t kidding about the sacrifices it takes to run a successful company. As an ex Mormon I laughed my ass at your intro, it is painfully accurate

mitchellwilliams