Robot Factory Engineers
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Sam Parr tells a story about visiting Brett Adcock's robot company facility in Sunnyvale.
"I went to the robot factory in Sunnyvale. He's got 50,000 square feet and 60 folks who work there. I went and talked to each person and asked what they did. They're like 'Oh I helped build the Cybertruck, I helped build this part of Tesla, or I worked at Boston Dynamics' - he's got the smartest of the smart guys.
They're building these machines that look like Robocop. These machines can walk around and grab stuff off a shelf and pack things like a t-shirt into a box.
Brett financed it himself initially. He says 'I bought a house in Palo Alto and then I have like 6 months of savings and then the rest I put all into Figr.' He eventually raised a round of funding, but for a while he was just financing it himself.
The business model is interesting - these robots can work for 20 hours a day. He will build them out or give them to companies like Walmart, and they'll pay the robot 30% of what they're paying a worker, except the robot can work 20 hours a day and then charges for 4 hours."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.