#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks

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

Episode 602: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about how to 10x your odds of success.  — Show Notes: (0:00) Ed Thorp and the mathematics of gambling (7:51) World's first hedge fund (12:12) Sam and Shaan revisit “The Game” (16:06) The Feynman technique for learning (21:14) Shaan's one criteria for action (24:58) Why you don't need privilege to start (29:06) Playing "the game" of business (33:37) Switching to better games (36:15) How the Roger Bannister Effect crushes limiting beliefs (40:13) Step 0: Believe it can be done — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • Ed Thorp biography - https://tinyurl.com/yjcp4645 • Beat The Dealer - https://tinyurl.com/yc426fc5 • Ed Thorp website - https://www.edwardothorp.com/ • The Game - https://tinyurl.com/3kh3xfhn • Jack Smith’s episode - https://tinyurl.com/yc4zdnem • Kaggle - https://www.kaggle.com/ • Bringing Down The House - https://tinyurl.com/4txm492n • 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

28 Kesä 20241h 1min

Episode 601: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Calley Means ( https://x.com/calleymeans ) about the $50T drug that has Americans in a chokehold.  — Show Notes: (0:00) Intro  (1:54) The problem with Ozempic (4:25) America is a dirty fish tank (9:58) The Flexner Report (12:06) 90% of doctors never study nutrition or fitness (15:38) Cigarette companies invented processed food (17:16) A case for Ozempic (21:56) The macroeconomics of Ozempic (26:37) Why you shouldn't trust Stanford or Harvard (34:11) How one family got America hooked on drugs for life (36:51) Nothing is more profitable than a child who gets sick early (39:00) The 80/20 on nutrition and health (42:32) How the death of a parent radicalized Calley (46:46) Why Japanese children only have 3% obesity rate (49:07) The difference between European and American candy (52:33) HBS is a conformity factory (55:50)"Psilocybin is the single most thing we should be doing" (1:05:47) When the student is ready, the teacher appears — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • Truemed - https://www.truemed.com/ • The Flexner Report - https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3178858/ • Good Energy - https://tinyurl.com/39jzb6zs • 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

26 Kesä 20241h 15min

Episode 600: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Sabri Suby ( https://x.com/sabrisuby) about business ideas he would go after if he was starting from scratch.  — Show Notes: (0:00) Intro  (1:04) Idea: Done-For-You Channel Growth (7:28) Idea: Affiliate arbitrage for Chiropractors (13:02) Idea: Live Chat as a service (14:50) Look for customers with a bleeding neck (17:39) Idea: $100K/day opportunity with TikTok Shops (26:42) Get paid to learn the most valuable skills as a marketer (29:24) Kill the little bitch inside (32:18) Philosophy: Have more fun (44:31) How to be better at small talk  (45:44) Invest in building your year (47:53) Showmanship (51:42) The difference between good and great (53:26) Stop praying to the internet gods (54:45) How to get your target market to raise their hand (56:33) Sabri's 1M copy book funnel (59:47) The Yes, Yes, Yes, No Funnel — Links: • Sabri on YouTube - https://www.youtube.com/@SabriSubyOfficial • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • Sell Like Crazy - https://selllikecrazybook.com/ • King Kong - https://kingkong.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 • 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

25 Kesä 20241h 6min

Episode 599: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the best traits of a startup founder and lessons from how Dana White, Elon Musk, and Emmett Shear cut through the bullshit.  — Show Notes: (0:00) Top traits founders should take from Dana White (5:35) 1 - Brute force (10:21) 2 - Extreme bias for action (14:55) Quick audit of Dana White's gambling claims (18:00) 3 - Speed (19:00) Checklist for a perfect niche event business (22:56) IDEA: The Beer Mile (24:45) IDEA: Paddle Prison Break (25:47) IDEA: Skyline Scramble (30:17) Growth vs EBITDA vs cash flow (32:27) Shaan's Guide to Increase EBITDA (34:19) Step 1: create a EBITDA budget (37:08) Step 2: communicate the plan relentlessly (37:48) Step 3: Track and report (38:04) Step 4: Tie into incentives (38:30) Step 5: Repeat every 30 days (40:02) Next stage: Cash flow (41:28) The benefit of playing on Hard Mode (43:38) Is e-commerce dead? (44:54) Shaan's $30M dollar dream house (47:56) Shaan writes an essay (49:43) Sexier core principles (1:00:53) Culture: What people do when the boss isn't around — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • Shaan Puri essays - ​​https://www.shaanpuri.com/essays • Brunello Cucinelli - https://shop.brunellocucinelli.com/ • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf • Wander - https://www.wander.com/mfm (Enter to win a free trip 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

22 Kesä 20241h 9min