Show notes
Episode 603: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Kevin Van Trump ( https://x.com/KevinVanTrump ) about his journey from rural farm kid, to commodities trader, to creator of a farm newsletter that’s making $20M/year. —Show Notes: (0:45) How Sam met Kevin, then got his mind blown(2:05) Shaan's reaction at his 1st Farmcon experience (Corn futures and options trading)(4:35) The farmer's theory of the old bear and the young bull(5:00) How Kevin's newsletter inspired Shaan to start Milk Road(6:25) Breaking down The Van Trump Report ($18M ARR run by 4 ppl)(8:05) Rural farm kid gets into trading(12:28) Farmers operating at the highest level(13:50) Ag Swag(16:18) The Van Trump Business Model "People buy value not price"(19:00) The customer continuum(20:43) Poker vs chess(23:57) The decision to do nothing is still a decision(25:04) Trader v investor(28:20) How most people should be building wealth(32:37) Why the wealthy are getting into agriculture(33:55) The succession plan for farms(36:00) The economics of professional bull riding(39:14) The come up of FarmersOnly(41:15) How to buy a farm(44:32) Wearables for livestock(45:18) Blockchaining farms(47:55) Kevin's take on lab-grown meat(50:00) Opportunity zones: air, shelter, food, water(52:35) New trend: trade schools(54:24) Roll ups for wealth creation(55:30) How to gain new perspectives (purposefully)(57:50) Windows vs doors—Links:• FARMCON - https://www.farmcon.com/• The Van Trump Report - https://www.vantrumpreport.com/• AgSwag - https://agswag.com/• Bid On Beef - https://www.bidonbeef.com/• AcreTrader - https://acretrader.com/• Zoetis - https://www.zoetisus.com/—Check Out Shaan's Stuff:Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd—Check Out Sam's Stuff:• Hampton - https://www.joinhampton.com/• Ideation Bootcamp - https://www.ideationbootcamp.co/• Copy That - https://copythat.com• Hampton Wealth Survey - https://joinhampton.com/wealth• Sam’s List - http://samslist.co/My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano