My First Million – Why Is Andrew Wilkinson Monetizing His Twitter Followers?

Intro

In this episode of the “My First Million” podcast, Andrew Wilkinson, the CEO of Tiny, a publicly traded holding company, joins the hosts to discuss various topics including his experience hanging out with billionaires, the success of his agency Metal Lab, and his Twitter monetization experiment. They also delve into discussions about fitness goals, books, social status, and interesting businesses. Wilkinson shares valuable insights and experiences throughout the episode.

Main Takeaways

Andrew Wilkinson’s Success and Twitter Monetization

• Andrew Wilkinson, CEO of Tiny, joins the podcast
• Wilkinson discusses his experience hanging out with billionaires and the success of his agency, Metal Lab, which makes $20 million in profit per year
• The podcast hosts ask Wilkinson about his Twitter monetization experiment, which makes $10-20k per month in sales
• Wilkinson is transparent about how he takes dividends from his company and invests them

Fitness Goals and Mindset

• The hosts also joke around with Wilkinson about his appearance and discuss their own fitness goals
• His weight loss goal is not solely for physical appearance but to conquer his mind
• He wants to look like Wolverine and plans to achieve his goal without shortcuts

Books and Interesting Projects

• The hosts discuss the book “Living with a Seal” by Jesse Itzler and Jesse Itzler’s successful career and passion projects
• Jesse Itzler’s passion projects include creating a running club and searching for the best pickle company to buy
• Building a life around doing what you love is important, but turning a hobby into a business can take the joy out of it

Twitter Subscription Feature and Deal Flow

• The hosts discuss the challenge of managing endless reachouts from people on social media
• Twitter’s subscription feature can be used as a filter to manage DMs and messages
• Using the subscription feature, the host has gained 550 paying subscribers and generates about $200K a year in pure profit
• By paying for the service, the host is able to filter out uninterested people and get deal flow, leading to hiring two or three people from the group

Social Status and Meeting Influential People

• The host’s use of the paid Twitter features has led to a conspiracy theory that he is using it to become friends with Elon Musk
• The host is invested in SpaceX and has friends who know Elon Musk, but doesn’t know what he would say to him if they were to meet
• The host is more interested in meeting Larry Ellison, who owns the entire island of Lennie
• Status matters in different social settings, such as clubs or business conferences

Business Success and Ethical Meat

• Metal Lab, a part of Tiny.com, is a profitable agency with healthy margins
• Agencies can be incredibly profitable with a niche and years of experience
• Maui Newi is a company that sells meat from Axis deer, an invasive species in Hawaii that destroys the ecosystem
• The meat is ethical and has high micro-nutrient content, making it a healthy alternative to other meats

Summary

Andrew Wilkinson’s Success and Twitter Monetization

Andrew Wilkinson, the CEO of Tiny, joins the podcast to share his experiences and insights. He discusses his agency, Metal Lab, which generates $20 million in profit per year. The hosts also inquire about his Twitter monetization experiment, which brings in $10-20k in monthly sales. Wilkinson emphasizes the importance of taking dividends from his company and investing them wisely.

Fitness Goals and Mindset

Wilkinson and the hosts engage in lighthearted banter about appearance and fitness goals. Wilkinson shares that his weight loss journey is not solely about physical appearance, but about conquering his mind. He aims to achieve his goal of looking like Wolverine through hard work and dedication, without taking shortcuts.

Books and Interesting Projects

The hosts discuss the book “Living with a Seal” by Jesse Itzler, which leads to conversations about Jesse Itzler’s successful career and passion projects. They explore the idea of building a life around doing what you love, but also highlight the potential downsides of turning a hobby into a business.

Twitter Subscription Feature and Deal Flow

The hosts delve into the challenges of managing social media reachouts and how Twitter’s subscription feature can serve as a filter. They share their own experiences, with one host gaining 550 paying subscribers and generating $200K per year in pure profit. Utilizing the subscription feature allows for filtering out uninterested individuals and obtaining deal flow, leading to successful hires.

Social Status and Meeting Influential People

The hosts discuss the host’s use of paid Twitter features, which has sparked a conspiracy theory about befriending Elon Musk. While the host is invested in SpaceX and has connections to Musk, they express more interest in meeting Larry Ellison, who owns the entire island of Lennie. The conversation touches on the importance of social status in various settings.

Business Success and Ethical Meat

Metal Lab, a part of Tiny.com, is highlighted as a profitable agency with healthy margins, showcasing the potential of agencies with a niche and years of experience. The discussion shifts to Maui Newi, a company that sells ethical meat from Axis deer, an invasive species in Hawaii. The meat is known for its high micro-nutrient content and ethical sourcing practices.

Conclusion

This episode of the “My First Million” podcast provides valuable insights from Andrew Wilkinson, the CEO of Tiny. From business success and Twitter monetization to fitness goals and meeting influential people, Wilkinson shares his experiences and perspectives. The conversation also touches on interesting books, social status, and ethical business practices. Listeners gain valuable knowledge and inspiration from Wilkinson’s journey and the engaging discussions with the hosts.