Cool Shit Budget

A strategy for maintaining creativity and brand authenticity by intentionally allocating budget for projects without immediate measurable returns.

Core Concept

  • Set aside 15% of total budget specifically for "cool shit"
  • Key rule: Projects cannot have measurable immediate payoff
  • Purpose: Keep business leaders engaged and maintain brand authenticity

Benefits

  • Keeps leadership engaged and excited about their own business
  • Builds brand equity through unique, memorable actions
  • Creates cultural moments that customers remember
  • Prevents cutting creative projects during tight budget times
  • Maintains company culture and innovation during growth

Examples of "Cool Shit" Projects

  • The Hustle's creative email campaigns
    • Writing entire email in Trump's voice
    • Johnny Cash middle finger productivity tip
    • Publishing internal Slack conversations about mistakes
  • Milk Road's mock Apple commercial
  • Black Rifle Coffee's approach
    • Sponsoring rally race cars
    • Creating content around extreme sports
    • Focusing on lifestyle brand over pure coffee sales

Implementation Tips

  • Separate budget completely from regular operating expenses
  • Don't try to justify ROI - that defeats the purpose
  • Focus on projects that show brand personality
  • Look for opportunities to be memorable, even if controversial
  • Choose projects that you personally find amusing or engaging
  • Consider it an investment in long-term brand building
  • Accept that some projects might "fail" or get negative feedback

Cultural Impact

  • Positions brand as authentic and willing to take risks
  • Shows customers you're not just focused on sales
  • Creates talking points and memorable moments
  • Builds "cool kid" status in industry
  • Differentiates from competitors who only focus on metrics
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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