George Barber's Dairy Empire
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A story about how George Barber built wealth through a dairy business and created a successful motorcycle museum.
"There's this guy named George Barber. In the early 1900s his father started a dairy farm and eventually George took it over. George is either dead or in his nineties, I can't remember. He sold his dairy farm based out of Arkansas or Alabama - Barbarella, I forget - for like 5 or 600 million dollars.
With a lot of that money, he opened the Barber Museum and created an F1 racetrack in Alabama. Now they do motorcycle races, F1 races, NASCAR, all types of stuff. People from all over the world go to watch races there. He now has the largest collection of motorcycles in the world.
The way that he set it up, which is how a lot of these places are set up, is as nonprofits. You can actually go and see their assets. It's usually just like a rich guy who sets it up, but they do it in a tax advantageous way by creating a museum."
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.