#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company

Episode 611: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) catch up and share 3 business ideas they came up with over the weekend.  — Show Notes:  (0:00) Shaan's no phone weekend (5:17) Control your inputs (10:20) Life hack: Play with your kid (15:38) Business Idea: Sketchy (25:15) Business Idea: Niche Fake News You Can Trust (34:41) Business Idea: Tampons that won't kill you (40:28) An unqualified brief history of presidential assassinations (46:09) The ceaseless action of Teddy Roosevelt (55:10) MFM Required Readling List — Links: • r/regretfulparents - https://www.reddit.com/r/regretfulparents/ • Sketchy - https://www.sketchy.com/ • Babylon Bee - https://babylonbee.com/ • Manhunt - https://tinyurl.com/bdepazn4 — 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

22 Heinä 20241h 3min

Episode 610: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the $1b dollar app idea for millennial moms, how Solidcore founder Anne Mahlum emptied her life savings into a pilates studio that she sold for $88M + Shaan writes a movie using ChatGPT.  — Show Notes:  (0:00) APP IDEA: Reddit For Moms (3:50) Capitalizing on a reverse craving (14:30) How we use our wives to predict trends (18:54) Shaan uses ChatGPT to make a movie (22:56) How to use ChatGPT as an on-demand creative collaborator (34:14) The mind-boggling story of Solidcore (37:21) The insane confidence of Anne Mahlum (41:40) There's no business that looks good on the inside (44:07) "They drove a clown car into a gold mine" (47:55) Who's your Elon? (50:34) Why Ben Franklin and Jesse Itzler are Shaan's entrepreneurial heroes (55:10) Bryan Johnson's aging leaderboard — Links: • Better Than Google - https://tinyurl.com/mskmpysd • Beehiiv - https://www.beehiiv.com/ • Solidcore - https://www.solidcore.co/ • Anne Mahlum - https://www.annemahlum.com/ • Jesse Itzler’s episode - https://www.youtube.com/watch?v=ff1z3GUcfO8 • I’m There For You, Baby - https://tinyurl.com/2m42ktk9 • TruDiagnostic - https://www.trudiagnostic.com/ — 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

19 Heinä 20241h 8min

Episode 609: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) break down the genius marketing tactics used by the brands you can’t get out of your brain–no matter how much you want to.  — Show Notes:  (0:00) The history of jingles (Bring them back!) (11:07) Prediction: Polymarket is going to be massive (21:25) The wisdom on the crowd phenomenon (26:36) How gaming apps hunt for whales (31:00) Corporate Slang That Doesn't Exist But Should — Links: • DatPiff - https://www.datpiff.com/ • Polymarket - https://polymarket.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 • 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

17 Heinä 202445min

Episode 608: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) react to the $22M "fake-work" app, mouse jigglers & Ryan Serhant’s Netflix show. — Show Notes:  (0:00) Devices helping the overemployed cheat on their bosses (6:50) $22M ARR side hustle catching mouse jigglers (8:36) Career polygamy support at r/overemployed (11:18) Is this a good strategy for financial freedom? (15:58) Big Desk Energy (20:22) Life hack: Intentional internet consumption (26:58) Indie hacking on steroids (32:44) Shaan tries a self-driving car, becomes evangelist (36:50) Secondary effects of autonomous vehicles (40:16) Ryan Serhant’s Netflix show (45:28) Don’t try to be noticed; try to be great.  — Links: • Hubstaff - http://hubstaff.com/ • Teramind - https://democompany.teramind.co/ • Mouse Mover - https://tech8usa.com/ • r/overemployed - https://www.reddit.com/r/overemployed/ • Overemployed - https://overemployed.com/ • Beehiiv - https://www.beehiiv.com/ • Big Desk Energy - http://bigdeskenergy.com/ • Brian Koppelman blog - https://briankoppelman.com/ • Photopea - https://www.photopea.com/ • Pikimov - https://pikimov.com/ • Waymo - https://waymo.com/ • Sellit.com - https://sellit.com/ — 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

12 Heinä 202455min

Episode 607: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Dan Porter ( https://x.com/tfadp ) about selling his app for $200M after just 6 weeks plus stories about Richard Branson, Ari Emmanuel & building cult brands. — Show Notes:  (0:00) Intro (1:29) Story behind OMGPop gaming company (5:23)Creating viral mobile game Draw My Thing (now Draw Something) (12:02) 25 million users a day, 1 million drawings every 5 seconds (24:10) Zynga bought the game for $200M 6 weeks after launch (32:30) The real power of money (38:32) Working with Richard Branson and Ari Emmanuel (47:44) Building Overtime (creating a brand that is part of culture) (52:28) The Travis Scott effect (1:06:45) Dan's life advice  — Links: • Overtime - https://overtimeelite.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 • 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

10 Heinä 20241h 17min

Episode 606: Shaan Puri ( https://twitter.com/ShaanVP ) brings you 24 minutes of raw motivation. Think of this as an angry love letter to kick off your week. — Show Notes: (0:00) Peter Thiel’s One Priority Philosophy (4:30) 3 lies you’re telling yourself (7:55) Zuck closes a $1B dollar deal in 48 hours (13:41) The Collison Installation (16:13) Lead bullets v Silver bullets (18:51) When to sprint (20:44) The 3 Big Questions — 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

8 Heinä 202426min

Episode 604: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Andrew Wilkinson ( https://x.com/awilkinson ) about how he went from a $6.50/hr barista to millionaire in just 4 years.  — Show Notes:  (1:00) From barista to billionaire (1:40) Andrew’s 1st level up: From day job to self employed (3:26) Shaan 1st money made as an entrepreneur (4:40) Sam’s 1st money as an entrepreneur (7:15) Andrew’s 2nd level up: From self employed to boss  (8:40) From selling your time to selling other people's time (9:30) Book: The E-Myth (Thinking of your business as a machine) (10:10) Andrew makes his first million dollars profit (12:00) Robert Kiyosaki’s cashflow quadrant (13:20) Andrew’s 3rd level up: Incubating Businesses - The decathlon of failed businesses (17:00) Andrew sells one of his businesses and creates a nest egg (18:45) Andrew discovers Warren Buffet’s teachings and starts learning to invest. (19:48) Andrew's 20% rule (20:33) Sam's pauper tendencies (22:58) Andrew starts angel investing (24:00) Andrew starts hiring CEOs and removes himself from his businesses (28:30) Poker v Roulette in investing (31:20) Andrew’s 4th level up: Taking his company public and reaching the end goal. However money didn’t buy happiness.  (33:46) What’s the actual amount that will make you happy? (34:37) Business is a good way to build relationships (35:35) Figuring out your annual burn rate (36:48) The goals every entrepreneur should have. Launchpad. Enough. Life’s Work (38:23) $10M = financial freedom (41:28) It doesn’t take a special skill set to get to financial independence (46:41) Shaan’s learns about the deferred life plan  — Links: • Never Enough - https://www.neverenough.com/ (⬅️ Andrew’s book!) • The E-Myth - https://shorturl.at/h7Q1J • Rich Dad Poor Dad - https://shorturl.at/S28Dd • How To Get Rich - https://shorturl.at/pGTSm — 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

5 Heinä 202458min

Episode 603: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Kevin Van Trump ( https://x.com/KevinVanTrump ) about his journey from rural farm kid, to commodities trader, to creator of a farm newsletter that’s making $20M/year.  — Show Notes:  (0:45) How Sam met Kevin, then got his mind blown (2:05) Shaan's reaction at his 1st Farmcon experience (Corn futures and options trading) (4:35) The farmer's theory of the old bear and the young bull (5:00) How Kevin's newsletter inspired Shaan to start Milk Road (6:25) Breaking down The Van Trump Report ($18M ARR run by 4 ppl) (8:05) Rural farm kid gets into trading (12:28) Farmers operating at the highest level (13:50) Ag Swag (16:18) The Van Trump Business Model "People buy value not price" (19:00) The customer continuum (20:43) Poker vs chess (23:57) The decision to do nothing is still a decision (25:04) Trader v investor (28:20) How most people should be building wealth (32:37) Why the wealthy are getting into agriculture (33:55) The succession plan for farms (36:00) The economics of professional bull riding (39:14) The come up of FarmersOnly (41:15) How to buy a farm (44:32) Wearables for livestock (45:18) Blockchaining farms (47:55) Kevin's take on lab-grown meat (50:00) Opportunity zones: air, shelter, food, water (52:35) New trend: trade schools (54:24) Roll ups for wealth creation (55:30) How to gain new perspectives (purposefully) (57:50) Windows vs doors — Links: • FARMCON - https://www.farmcon.com/ • The Van Trump Report - https://www.vantrumpreport.com/ • AgSwag - https://agswag.com/ • Bid On Beef - https://www.bidonbeef.com/ • AcreTrader - https://acretrader.com/ • Zoetis - https://www.zoetisus.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 • 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

1 Heinä 20241h 4min