Logo
    Search

    Podcast Summary

    • The Downsides of Gambling and the Importance of Responsible SpendingGambling can be addictive and financially damaging, emphasizing the need to use time and money wisely and consider the consequences of impulsive actions.

      In short, one big takeaway from this conversation is the realization of the disadvantages of gambling and the importance of using time and money wisely. The speakers discuss their experiences with gambling in Las Vegas, with one admitting to being a degenerate gambler in the past. They highlight the thrill of winning money but also the agony of losing and the regret that follows. They express that gambling is not a productive use of time and can lead to financial loss. Additionally, they briefly touch on the concept of credit card roulette and the potential risks involved. This conversation serves as a reminder to prioritize responsible spending and to consider the consequences of impulsive actions.

    • Innovations and Interactive Experiences at CESCES showcased cutting-edge technologies, from realistic avatars to interactive displays, highlighting the potential of technology to create immersive experiences and personalized interactions.

      The CES conference showcased various interesting technologies and products. While Amazon's remote work setup lacked impressive features, the neon avatars on life-sized screens were incredibly realistic, sparking curiosity about their potential applications. The interactive display at the Cowboys stadium also stood out, allowing fans to take photos with virtual Cowboys players. Additionally, Delta Airlines presented a ticketing system that displayed personalized flight information based on the viewer's position, resembling the angle-changing books from our childhood. The most impressive aspect of the conference was the innovative use of technology to create immersive experiences and personalized interactions. The CES conference served as a reminder of the continuous advancement in technology and its potential to enhance various industries.

    • The Growth Potential of D2C BusinessesEffective marketing strategies and scalability make D2C businesses a profitable and attractive option for entrepreneurs, despite concerns about market saturation and potential bubbles.

      In short, one big takeaway from the conversation is the incredible growth potential of direct-to-consumer (D2C) businesses. The example of a company achieving $40 million in revenue in its first year and aiming for $150 million in its second year, all while being bootstrapped and selling an average product, highlights the power of effective marketing strategies. Additionally, the case of Mois' company achieving $800,000 in revenue per employee in a single month demonstrates the scalability and profitability of successful D2C ventures. Despite concerns about market saturation and the potential for a bubble, the low cost of entry and the opportunity to capitalize on online advertising platforms like Facebook make D2C businesses an attractive option for aspiring entrepreneurs.

    • Success and Failure in Company Culture, Lucrative Opportunities, and Personal GrowthLearning from successful companies' culture, seizing opportunities in trade shows, and embracing effective leadership traits can lead to entrepreneurial success and personal growth.

      The culture of some successful companies, like the Latin American "Amazon", can be both good and bad. While these companies promote operational excellence and demand their CEOs exceed expectations, they also burn through a lot of capital and have a reputation for a brutal work environment. Learning from their successes and failures can provide valuable insights for entrepreneurs. Additionally, trade shows and conferences present lucrative opportunities for businesses, with some events generating billions in revenue. This model can be applied to various industries, including remote work and construction. Even the world's biggest private equity firm recognizes the value of trade shows, acquiring them for high multiples due to their strong cash flow. Finally, in terms of personal growth, embracing traits like effective leadership and boldness can lead to greater success.

    • The Power of Boldness and ActionBoldness, risk-taking, and persistence are crucial for achieving success. Thinking outside the box and taking unconventional steps can lead to positive results.

      Boldness, coupled with action, can lead to great success. The conversation highlights the importance of taking risks and not being held back by fear or hesitation. The individuals discussed in the conversation, such as Sully and Ramon, demonstrate the power of boldness in their entrepreneurial endeavors. It is clear that thinking outside the box and being willing to take unconventional steps can yield positive results. Additionally, the conversation emphasizes the need for persistence and sticking with a goal, even when faced with initial challenges or setbacks. Overall, the key takeaway is that being bold, taking risks, and taking action are essential components of achieving success.

    • Evolving priorities and the importance of networking and goal setting.Aspirations change over time, so it's vital to reassess and adapt our goals. Networking and connecting with influential people can open doors.

      Goals and priorities can change over time. Shaan Puri shares his list of goals from the past decade and reflects on how some of them were not as important as he initially thought. He realizes that what he considered important back then doesn't align with his current priorities. Through his experience, he also highlights the significance of building connections and networking with influential people. By simply sending weekly emails to his executive team, he was able to engage and impress them. Lastly, he emphasizes the importance of revising and setting new goals for the next decade, considering factors like financial freedom. This story reminds us that our aspirations evolve as we grow, and it is crucial to adapt and reassess our goals accordingly.

    • Achieving Financial Security, Fulfillment, and Happiness: A Step-by-Step GuidePrioritize investing, finding fulfillment in work, maintaining a healthy lifestyle, and living close to loved ones to achieve financial stability, fulfillment, and a sense of community.

      Financial security doesn't necessarily require extravagant spending. By investing a significant sum of money and earning a reasonable return, one can live comfortably without the need for a high income. Additionally, the importance of finding fulfillment in one's work is highlighted through the fact that millions of people consider Shaan Puri one of their favorite teachers. This demonstrates the impact and value of sharing knowledge and expertise with others. Furthermore, prioritizing a healthy lifestyle that doesn't rely on willpower is essential. Finding enjoyable, healthy food and exercise can lead to a sustainable and fulfilling lifestyle. Lastly, living in close proximity to loved ones fosters happiness and a sense of community. Walkable neighborhoods provide opportunities for spontaneous gatherings and connections.

    • The importance of targeted discounts and strategic partnerships in attracting valuable customers.Offering upfront savings based on user's existing products and partnering with established companies can lead to higher returns and customer acquisition.

      Non-compelling discounts may not attract users who are valuable to partner with. These discounts are often offered by companies that lack traction and may not be as attractive. However, there are exceptions like Shopify, which offers discounts to acquire customers. One suggestion is to create a platform that guarantees upfront savings based on the products users already use, offering variable membership rates. The revenue can come from the companies who want customers. Additionally, it is important for companies like Casper to focus on owning the sleep category and optimizing their marketing spend to generate higher returns. Lastly, considering selling to established companies that understand the digital market, like Target, rather than going public can be a strategic move.

    • Importance of Storytelling and Financials for SuccessHaving a compelling story and strong financials are essential for success in business. It is important to consider alternative business models and focus on improving training and compliance curriculum to thrive in any industry.

      Having a compelling story or strong financials is crucial for success. This is evident from the example of Gumroad, a service that allows selling PDFs and electronic files. Despite being a great product, Gumroad struggles as a business with only $250,000 in profit. One possible solution could be shifting from a percentage-based fee to a monthly subscription model for creators, as suggested by the founder. Another key lesson is the importance of creating effective training and compliance content. Many companies and schools struggle with providing engaging and valuable content in these areas. Therefore, a company that focuses on improving training and compliance curriculum can thrive in an otherwise unsexy industry. HealthStream, a company in Nashville catering to nurses, serves as an example with a market cap of $852 million and a PE ratio of 57.

    • Training and Compliance Solutions for Companies: Challenges and OpportunitiesSuccess in the training and compliance market lies in finding opportunities that align with skills, enjoyment, and market demand.

      Companies across industries need training and compliance solutions for their employees. This includes everything from healthcare organizations to sales teams. The process itself is often simple, consisting of a series of videos or a learning management system. The challenge lies in the sale and establishing incumbents in the market. Additionally, there is a growing need for training related to new social norms and etiquette, such as gender neutrality and pronoun usage. Companies like Amazon and HealthStream are already providing these services, but the market is vast and there is room for new players. Ultimately, finding opportunities that align with one's skills, enjoyment, and market demand is the key to success in this space.

    • Learning from the Experts: A Path to Personal and Professional GrowthBy seeking out opportunities to shadow or observe successful individuals, as well as utilizing interactive online courses, individuals can acquire valuable skills and knowledge that traditional education alone cannot provide.

      Learning from experienced professionals or industry leaders can be a valuable opportunity for growth. By shadowing or observing successful individuals, we can gain insights and knowledge that cannot be taught in traditional educational settings. Taking the initiative to reach out and offer assistance or simply being present can provide invaluable learning experiences. Additionally, there is potential for transforming valuable books into actionable online courses, similar to platforms like MasterClass. By offering more interactive and practical learning materials, individuals can acquire useful skills and knowledge more efficiently. Embracing these opportunities for learning and seeking out real-world experiences can greatly contribute to personal and professional development.

    • Tapping into the Lucrative World of Niche CoursesFind your passion, create a course on a niche topic, and tap into the untapped potential of the course business to earn significant profits while sharing valuable knowledge with others.

      There is a demand for niche courses and skills that traditional education fails to teach. The conversation highlights the success of individuals who have created courses on specific topics, such as pickup artistry, comedy writing, and personal development. While some individuals earn low millions, others make eight figures through their course businesses. The key is to find a topic or skill that you are passionate about and that enough people are interested in learning. The conversation also emphasizes the value of investing in courses, even from friends or acquaintances, as they can provide valuable knowledge and inspiration. Ultimately, creating and selling courses can be a lucrative and underexploited opportunity for those with niche expertise.

    • The Importance of Investing in Your Education and Assessing Its ValueThe value gained from a course or workshop outweighs its initial cost. Investing in self-education can lead to long-term financial success, so it's crucial to focus on the value received rather than the price.

      The value you derive from a course or workshop is more important than its price. The conversation between Shaan Puri and Sam Parr highlights how some people are willing to invest heavily in their education because they believe they can make the money back in the long run. Shaan's uncle, for example, spent $180 on a real estate workshop and went on to build a $100,000,000+ portfolio. On the other hand, there are individuals who hesitate to invest in themselves because they see the price as too high. This mentality can hinder personal growth and success. The key is to focus on the value received and assess if it will have a positive return on investment.

    Recent Episodes from My First Million

    $100M Founder Reveals The Secret To Making Data Profitable

    $100M Founder Reveals The Secret To Making Data Profitable
    Episode 595: Anand Sanwal ( https://x.com/asanwal ) joins Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) to reveal his playbook for building an insanely profitable data business.  — Show Notes: (0:00) Anand’s data arbitrage playbook (9:51) Starting weird as Chubby Brain (12:03) Don't run 100mph in the wrong direction (14:53) Edge, Collection, and Opportunity (19:24) IDEA: High-end Glassdoor (27:00) IDEA: C-Suite Head Hunting Service (28:57) IDEA: HomeOptions for Founder Exits (32:17) Anand's School of Entrepreneuring (36:03) Learn how to think, not what to think (38:18) The Die-At-Your-Desk Life Philosophy (39:26) Competency-based curriculum (42:47) IDEA: Slime Museums (46:40) IDEA: Autonomous HOA Convenience Stores (51:32) IDEA: Online Addiction Centers (58:51) Leadership lessons from legendary coaches — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • CB Insights - https://www.cbinsights.com/ • Bloomberg article - https://tinyurl.com/32ns9beu • Blackbaud - https://www.blackbaud.com/solutions/total-fundraising-solutions • HomeOptions - https://www.homeoptions.com/ • IMG Academy - https://www.imgacademy.com/ • American Addiction Centers - https://americanaddictioncenters.org/ • Weapons of Mass Instruction - https://tinyurl.com/49s6xhpk • Chasing Perfection - https://tinyurl.com/46hc5zxj • The Score Takes Care of Itself - https://tinyurl.com/4v6k72h3 • The Talent Code - https://tinyurl.com/4h2z9yer • The Learner Lab - https://thelearnerlab.com/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — 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/ — 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 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
    My First Million
    enJune 11, 2024

    The GameStop Guy Has Returned… (And Has A New $210M Bet)

    The GameStop Guy Has Returned… (And Has A New $210M Bet)
    Episode 594:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) explain what’s happening with GameStop AGAIN and how Keith Gill turned $56k into $210M with memes.  — Show Notes: (0:00) Roaring Kitty's $200M GameStop holding (8:41) Is Keith Gill the most genius creator behind a brand? (14:53) Where did the $65M come from? (17:44) The 7 Stages of GameStop FOMO (20:00) Ryan Cohen's activist investments in GameStop, Bed Bath and Beyond  (26:34) Shaan's honest take on paternity leave (31:53) Painting the windows black (35:42) Zach Pogrob's The Year of Obsession (37:03) What's the deal with run clubs right now? (39:19) Sexy faces and sexy paces (42:04) Endurance event businesses (45:06) Opportunity: The suburban Iron Man (51:19) Scott Harrison gives Shaan unsolicited feedback — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • wallstreetbets - https://www.reddit.com/r/wallstreetbets/ • Unusual Whales - https://unusualwhales.com/ • WSJ on Ryan Cohen - https://tinyurl.com/4zue9xps • Wander - https://www.wander.com/ • The Lehman Trilogy - https://thelehmantrilogy.com/ • The Year of Obsession - https://tinyurl.com/4nsrh689 • Nick Bare - https://www.instagram.com/nickbarefitness • RAWDAWG - https://www.instagram.com/rawdawgrunclub • River - https://www.getriver.io/ • 29029 Everesting - https://29029everesting.com/ • Rock n Roll Running - https://www.runrocknroll.com/ • thespeedproject - https://www.instagram.com/thespeedproject • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — Enter to win a free trip at https://www.wander.com/mfm and use code MFM300 at checkout for $300 off your booking. — 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
    My First Million
    enJune 07, 2024

    25 Years Of Founder WISDOM In 55 Minutes (ft. Jason Fried)

    25 Years Of Founder WISDOM In 55 Minutes (ft. Jason Fried)
    Episode 593:  Sam Parr ( https://twitter.com/theSamParr ) and Jason Fried ( https://x.com/jasonfried ) open up about personal finances, raising kids around wealth and dealing with risk.  — Show Notes: (0:00) Sam and Jason play Would You Rather... (5:15) Loosening the grip on the stick (12:35) The pale blue dot (14:03) Why does the businessworld deserve our best lessons? (18:30) Early days vs. vs. middle days vs later days (24:47) "A founder's job is to inject risk" (29:36) “Cool wears off but useful never does” (31:07) Striking balance with a business partner (34:14) The value of talking about money (37:28) Navigating luxury with kids (40:08) Midwestern values on blast (43:39) The truth about luck (46:55) Staying up vs. staying off (49:45) New insights from old biographies — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • The Most Important Thing - https://tinyurl.com/9ym3xw5b • Peter Lynch books - https://tinyurl.com/2nf87pzb • The Pale Blue Dot - https://www.planetary.org/worlds/pale-blue-dot • The Messy Middle = https://tinyurl.com/2paw5jmk • Sam’s List - http://samslist.co/ • Newspapers.com - http://newpapers.com/ • Pessimists Archive - https://pessimistsarchive.org/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — 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 — 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 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
    My First Million
    enJune 05, 2024

    This $50M/Yr Side Hustle Is On Track To Make $1 Billion By 2030

    This $50M/Yr Side Hustle Is On Track To Make $1 Billion By 2030
    Episode 592:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) break down the economics of luxury hobby magazines, make a prediction about Ai cameras, and explain how to find the next tech wave.  Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Craig Fuller's field of dreams (5:12) $50M side hustle (9:16) We call to find out EXACTLY how he did it (19:02) The New York Times is a gaming company (23:27) Idea: Third party LinkedIn games developer (27:00) How rich people spend money (29:00) The myth of the second home (30:57) Ai cameras (36:31) Prediction: A camera on every field, every court (38:31) How to find the next wave: What's the next menus on the internet? (40:41) How to avoid product obsolescence (44:09) "Measure twice. Cut once" — Links: • FreighWaves - https://www.freightwaves.com/ • FLYING Magazine - https://www.flyingmag.com/ • Firecrown - https://firecrown.com/ • Veo - https://launch.veo.co/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow - https://clickhubspot.com/fmf — 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 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
    My First Million
    enJune 03, 2024

    He Turned $300/mo Into $3,750,000/mo From GARDENING

    He Turned $300/mo Into $3,750,000/mo From GARDENING
    Episode 591:  Sam Parr ( https://twitter.com/theSamParr ) talks to Kevin Espiritu ( https://x.com/KevinEspiritu ), AKA The Plant Daddy, about how he turned a side hustle into a $45M business in his backyard. — Show Notes: (0:00) Intro (3:41) $250k playing online poker (6:04) The influence of Pat Flynn (7:43) Cocoa butter cream review site (8:30) Printing on-demand shirts (12:26) From Scribe to $300/mo gardening blog (15:06) Inflection point: The metal raised bed (17:42) Billion-dollar blogs (19:20) Life-changing money (23:56) 5 Languages of the love of money (26:47) Lessons from Ramit Sethi (28:25) Path to $100M through acquisitions (29:19) Buying a seed tray business for less than $500K (33:22) Buying a competing gardening blog (37:00) Acquiring Botanical Interests (42:16) Red and green flags in acquisitions (46:12) The danger of being a celebrity on the internet (48:45) Idea: Branded hybrid plant species (52:38) Floyd Zaiger, the godfather of licenced plants (57:26) The lie behind Blue Zones (1:00:12) The Tesla of chicken coops (1:00:53) Beekeeping (1:04:46) Choosing your hobbies wisely — Links: • Kevin on Youtube - https://www.youtube.com/@kevinmespiritu • Epic Gardening on YouTube - https://www.youtube.com/@epicgardening • The Chernin Group - https://tcg.co/ • The Billion Dollar Creator - https://nathanbarry.com/billion/ • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 — 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 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
    My First Million
    enMay 31, 2024

    How This Ex-Navy SEAL Turned A Book Into A $1M+ Empire - Jack Carr

    How This Ex-Navy SEAL Turned A Book Into A $1M+ Empire - Jack Carr
    Episode 590:  Sam Parr ( https://twitter.com/theSamParr ) talks to #1 New York Times bestselling author Jack Carr ( https://twitter.com/JackCarrUSA ) about how he churns out hit after hit and what the SEALs has taught him about hardship, mission readiness, and hitting targets.  Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Intro (1:15) Launching a book how Red Bull launches a drink (7:30) 6 books in 6 years (9:41) Manifesting success from age 11 (11:36) Defining your own calculus (13:35) Lessons from Mr Ballen and other SEALs (15:23) Made-to-stick branding (19:44) How to build an audience today (24:10) The writing and launch process (26:11) Master the one-pager (28:43) Anti self-publishing (30:03) Modern masculinity in America (33:26) Creating a rite of passage (37:27) Voluntary hardship (39:36) Manifesting Chris Pratt (44:51) Hitting your mission (48:38) Jack's recommended reading list — Links: • Jack Carr - https://www.officialjackcarr.com/ • Made to Stick - https://tinyurl.com/2rumfmjw • The Comfort Crisis - https://tinyurl.com/y5wfjnfz • The Terminal List - https://tinyurl.com/2cvvmtfx • The Successful Novelist - https://tinyurl.com/4ba29jtn • The Hero with a Thousand Faces - https://tinyurl.com/2bnmxua4 • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 • Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch — 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 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
    My First Million
    enMay 29, 2024

    How To Master Storytelling

    How To Master Storytelling
    Episode 589:  Shaan Puri ( https://twitter.com/ShaanVP ) sits down with David Perell to reveal every framework he knows to become a better storyteller, a better writer, and a better creator of binge-worthy content. This episode was originally recorded for the podcast “How I Write,” hosted by David Perell. —> https://www.youtube.com/watch?v=Z2BnqYArwaw Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Intro (3:16) Binge bank (6:03) Storytelling (8:05) Intention & Obstacle (14:22) Hasan Minhaj (15:53) Writing vs Speaking (18:06) Pacing (19:01) Hooks vs Frames (22:30) Viral tweets (26:49) MrBeast (27:26) Storyworthy (29:10) 5-second moment of change (32:02) Origin Stories (42:07) Tony Robbins (43:25) Transformations (44:12) Steven Bartlett (46:17) Viral videos (49:09) Miss Excel (56:04) Change your state & focus (58:31) Paul Graham (1:03:43) Advice to writers (1:06:53) Writer's voice (1:11:48) Dave Chappelle vs Netflix (1:18:18) Distribution (1:21:40) Twitter / X (1:32:34) Writing with humor (1:45:02) Newsletters — Links: • Write of Passage - https://writeofpassage.com/ • David on Twitter - https://twitter.com/david_perell • David’s Website - https://perell.com/ • David Perell on YouTube - https://www.youtube.com/channel/UC0a_pO439rhcyHBZq3AKdrw • David’s Podcast - https://writeofpassage.com/how-i-write • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 • Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch 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
    My First Million
    enMay 27, 2024

    How Gary Vee Predicts The Next Facebook (Every Time)

    How Gary Vee Predicts The Next Facebook (Every Time)
    Episode 588:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) chop it up with Gary Vee about which of his investments paid off the most, how much cash he keeps as a safety net and what he’s noticed from hanging out with people like Logan Paul, Zuck, and MrBeast.  Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 Show Notes: (0:00) Intro (1:28) Good news for the “C” students out there (5:31) Break the Web (8:12) Attention is the only universal asset class (12:26) Perplexity.ai/podcast (14:30) Alex Schultz on growth and language translation (16:23) Adult camps better than conferences (20:06) Millionaires v billionaires (25:44) Planning for a post-iPhone world (28:43) Gary's safety net (31:41) Micro v macro gratitude (37:45) Gary's best investment (39:08) Gary's take of Zuck, Logan Paul (45:44) Who Gary admires — Links: • Gary Vaynerchuk - https://garyvaynerchuk.com/ • Gary on Twitter - https://twitter.com/garyvee • Day Trading Attention - https://tinyurl.com/yckc8erw • Break The Web - https://www.breaktheweb.co/ • Lecture 6 - Growth - https://www.youtube.com/watch?v=n_yHZ_vKjno • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 • Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch — 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 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
    My First Million
    enMay 22, 2024

    A Masterclass On Hiring A CEO To Run Your Company ft. Andrew Wilkinson

    A Masterclass On Hiring A CEO To Run Your Company ft. Andrew Wilkinson
    Episode 587:  Andrew Wilkinson ( https://twitter.com/awilkinson ) teaches the exact step-by-step process he uses to find, diligence, hire, and transition a great CEO.  Get Andrew’s CEO Hiring Guide and Checklist - https://tinyurl.com/ms8938kn — Show Notes: (0:00) Intro (1:36) Why you need a CEO (4:44) The third door: leave the business, keep the cash flow (8:48) Get back to your flow state (10:46) Step 1: Are you ready to hire a CEO? (15:16) Is this going to hurt my business? (16:46) Step 2: Find the RIGHT CEO (17:52) Hiring a recruiter (21:34) Look for a #2 with the right hammer (23:23) Be a collector of people (27:14) Step 3: Diligencing the candidate (28:48) Green flags, yellow flags, and red flags (32:21) 2x not 20x (34:41) Step 4: First 100 days (36:35) Don't poison the water (38:12) Flesh wounds not mortal wounds (40:06) Meet them in person (40:29) More on diligencing: Trust but verify (42:38) The DIY path (44:48) Step 5: Negotiating and structuring compensation (46:34) Uncapped bonuses vs equity (49:55) Myth: Is a founder-led business always better? — Links: • Burke and Associates - https://burkeandassociates.com/executive-search/ • Business Intelligence Advisors - https://www.biadvisors.com/ • Never Enough - https://neverenough.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 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
    My First Million
    enMay 20, 2024

    Turning $1M Into $1B+: A Masterclass From The Indian Warren Buffett

    Turning $1M Into $1B+: A Masterclass From The Indian Warren Buffett
    Episode 586: Shaan Puri sits down with Mohnish Pabrai for a rare interview about value investing. Mohnish is sometimes called the "Indian Warren Buffett" for having turned $1M into over $1B+ through stock investing. In this podcast they talk about how founders can become great investors, how to avoid big mistakes, and lessons learned from Buffett & Munger. Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Intro (1:41) Why entrepreneurs make the best investors (4:130) How Warren Buffett’s pre-paid for his college education (8:45) Becoming Ben Graham’s Protege (12:41) What Buffett learned about branding from See’s Candies (15:45) Buffett’s failed play to be a candy mogul (18:44) Identifying offering gaps (20:22) Getting an MBA at age 14 as the son of an entrepreneur (23:33) The 3 tells of a future millionaire (25:56) Mohnish builds his first product with maxed out credit cards at 24 (27:59) The 168 hour framework (31:13) “Entrepreneurs do not take risks” (32:38) How Richard Branson launches Virgin Atlantic with no money (35:31) How 0.1 percent of the population owns 70 percent of all the motels in America (38:31) The unfair advantage of being a low-cost producer (40:20) How Mohnish turned his first million into $13M in 5 years (43:39) Pabrai Funds grows to $600M in assets in less than 10 years (47:35) What Mohnish knows about fundraising that we don’t (50:26) Pivoting from tech investments in 1999 to value investments (53:13) $2M lunch with Warren Buffett (58:09) Be a harsh grader of people (1:01:53) The Givers, The Takers, and The Matchers (1:04:40) “Heads I win, tails I don’t lose much” (1:09:26) Private markets v public auctions (1:13:35) The #1 trait that makes a great investor (1:15:01) What people of Reddit think of Mohnish Pabrai (1:16:31) Starting capital, annual rate of return, length of runway (1:17:24) The Rule of 72 (1:21:50) Circle the Wagons Philosophy (1:23:35) Losing $3B in one unfortunate event (1:28:49) Be fearful when the world is greedy; Be greedy when the world is fearful (1:29:17) What a value investor thinks of bitcoin (1:30:26) Nick Sleep bets (1:42:30) The Best Of: Capital Allocators — Links: • The Intelligent Investor - https://tinyurl.com/3jmpjrmc • The Dhandho Investor - https://tinyurl.com/53p9bhfv • Mohnish on Twitter - https://twitter.com/MohnishPabrai • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 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
    My First Million
    enMay 17, 2024

    Related Episodes

    Stacey Abrams: How to harness risk

    Stacey Abrams: How to harness risk

    For some entrepreneurs, risk is just part of the game. But for the reluctant entrepreneur, whose endeavors come as a response to a need they've identified, risk can feel more like a necessary evil. That’s why you need to learn to harness risk. Stacey Abrams, an entrepreneur and scale leader both in and outside of politics, is a perfect example of how harnessing risk can be key to your success. Outside of politics, she’s started three companies with her business partner, Lara Hodgson. Their new book, Level Up: Rise Above the Hidden Forces Holding Your Business Back, dives into the lessons learned from those experiences. She also founded and scaled two voting rights organizations: the New Georgia Project and Fair Fight Action, as well as the census mobilization effort Fair Count and the Southern Economic Advancement Project.

    Read Level Up: Rise Above the Hidden Forces Holding Your Business Back, by Stacey Abrams and Lara Hodgson: https://amzn.to/36bw5Ay

    Read a transcript of this episode: https://mastersofscale.com

    Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    The Future of Entrepreneurship Part 1: What Makes a Good Entrepreneur? How Do I Raise Capital? Is Balance Ever Possible?

    The Future of Entrepreneurship Part 1: What Makes a Good Entrepreneur? How Do I Raise Capital? Is Balance Ever Possible?
    In today’s episode, we kick off our special 3-part series answering your questions surrounding The Future of Entrepreneurship.  Today is all about work-life balance, how to raise capital for your business, and what makes a good vs. bad entrepreneur. We first hear from a college student who is about to graduate and wondering whether he’s cut out for entrepreneurship. Then, Scott shares the trials and tribulations of getting funding for his businesses. Finally, we hear why Scott is so against the idea of balance. Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy "The Algebra of Wealth," out now. Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices

    #23 - Disney for Dogs

    #23 - Disney for Dogs
    Henrik Werdelin (@werdelin) is your dog's best friend. No really, he sends your dog gifts every month. Millions of dogs around the world love this guy, and that's why his dog treats & toys monthly subscription box business is booming. BarkBox is reported to have made $250 million last year. Damn, I wanna be his best friend too. Listen up as he talks about creating Disney experiences for dogs, meeting his co-founder on a cruise (and shared a heart-shaped bed), hijacking MTV at 2am, having 150+ doggy influencers on payroll, reverse engineering online dating to meet his wife and most importantly, how to set up systems in place to make better life choices. Read more about his 8 + 1 system here: https://bit.ly/2X17GVW.  See acast.com/privacy for privacy and opt-out information.

    The 6 Ways to Get More Clients | Ep 244

    The 6 Ways to Get More Clients | Ep 244

    Which way will you go for? Today, Alex (@AlexHormozi) talks about more ways you can start gaining more clients in your business, some pros and cons, and the importance of having more than one way. If something doesn't work on the first try or right away, is it the fault of the platform, or are we actually to blame?

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (1:07) - 1st-3rd ways: paid advertising, outbound, referrals

    (4:32) - 4th-6th ways: affiliates, earned media, owned media

    (5:52) - High-volume consistent action is crucial but not easy

    (8:15) - Alex discusses pros and cons, focuses on paid vs. outbound

    (11:56) - Keep current method, systemize it, add more ways to get clients

    Follow Alex Hormozi’s Socials:

    LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

    #1 - From making $76k at Microsoft to selling TinyCo for $100M+

    #1 - From making $76k at Microsoft to selling TinyCo for $100M+
    We talk with tech founder & investor Suleman "Suli" Ali (@sulemanali) about his journey from making $76k a year at Microsoft to selling multiple companies for $100,000,000+. Highlights: Meeting Naval (19:00) getting grilled by Keith Rabois (22:00), & risking his life savings on TinyCo (57:00)   See acast.com/privacy for privacy and opt-out information.