Ep 185 Shaan Puri, a co-founder of Blab, a media platform that lets you listen in on conversations between experts in just about any field. Listen as Nathan and Shaan talk about how the latter plans to monetize his growing business.
YOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you've done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it!
Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: bit.ly/1SynoAg
Top Entrepreneurs join Nathan Latka daily inspired by, Art of Charm, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, Lewis Howes, School of Greatness, HBR Podcast, the StartUp podcast, Mixergy, Andrew Warner, AskGaryVee, and the great hosts of BiggerPockets
Bio Shawn Puril is the co-founder of Blab – previously he opened a sushi restaurant, bio-tech startup, and ran an idea lab in San Francisco.
Time Stamped Show Notes:

01:00 – Nathan’s introduction to today’s show
01:21 – Sean joins the show.
02:53 – Blab is in beta. It’s like Skype, but it has a public forum feature that allows users to listen in on an interview or call-in.
03:45 – The average daily active user is watching for a little over an hour a day.
05:04 – People can tune into the conversation of CEO’s or other topics or people they care about.
06:28 – Blab covers a lot of niche audiences such as RV’s and old book collecting.
07:28 – Blab has a feature that allows more audience and broadcaster interaction.
08:22 – Anyone can use the platform – from at-home hobbyists to professionals from big name companies.
09:13 – Blab is privately funded – their business model is similar to that of TV, they plan to monetize with sponsors in the future.
10:30 – The Blab team is aiming to grow big enough so that users can make a living off of broadcasting on the site.
11:17 – Blab’s current goal is an increase of 7% of viewers every week.
12:13 – Blab’s team consists of 15 members.
14:31 – Famous Five

Famous 5

Favorite Book?- Rework by Fried and Hansson
What CEO do you follow?— Conor McGregor
What is your favorite online tool?— Slack
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be?— Forget the classes, forget the grades. Build about 5 really great connections that’ll last you a lifetime at University.

3 Key Points:

Blab is a media platform on which users can listen in on calls conducted by just about anyone (hobbyist to professional) on any variety of topics. There are also features that allow listener/broadcaster interaction.
Blab is privately funded – in the future once they have enough viewers, they plan on running ads to monetize traffic.
Blab is unlike Netflix and YouTube in that it’s a live stream and covers any variety of topics by any type of profession.

Resources Mentioned:

Edgar – Nathan uses Edgar instead of other scheduling tools for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over – time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn’t have to work or pay for.
@shaanvp – Shaan’s Twitter
Blab – Shaan’s business
Rework by Fried and Hansson– Shaan’s favorite business book
Conor McGregor– CEO Shaan follows
Slack – Shaan’s favorite online tool

Credits
Show Notes provided by Mallard Creatives
 
 
 
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING reve