#112 - Why Buying Businesses Is Better Than Starting Them and The Mad Genius of Kanye West
My First Million18 Sep 2020

#112 - Why Buying Businesses Is Better Than Starting Them and The Mad Genius of Kanye West

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) shoot the wind on today’s pod. In today’s episode you’ll hear: Sam asks Shaan what he’s learned about working at a big company and what he can apply to a smaller company (0:30), Shaan asks Sam about a personnel shuffle at The Hustle (9:00), the guys talk about a Kanye West tweet where he wants to create Y-Combinator for music (11:30), Sam and Shaan debate if a great domain name can make you (22:15), Sam and Shaan talk about the Snowflake IPO (29:55), Shaan shares a crazy conversation with a 20-year old multi-millionaire (37:00), the guys share how they learn from beginners and why you should too (43:10), Shaan talks about Bubble Hotels (48:30). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.

Episoder(833)

ANNOUNCEMENT: A Special Series Drops Tomorrow

ANNOUNCEMENT: A Special Series Drops Tomorrow

We're excited to announce that tomorrow we are releasing a 3-part series from one of Sam's favorite history podcasts, How to Take Over the World. In this episode Sam (@theSamParr) and Shaan (@ShaanVP)...

17 Sep 202123min

#220 - 12 Startups That Can Make You a Millionaire (Sara's List)

#220 - 12 Startups That Can Make You a Millionaire (Sara's List)

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) update "Sara's List". This was a list of companies Sam and his wife created 5 years ago when she was looking for a job. What was the criteria? Th...

17 Sep 202147min

#219 - How to Make Billions with a Niche DTC Clothing Line

#219 - How to Make Billions with a Niche DTC Clothing Line

In this episode Shaan (@ShaanVP) reveals the creation of the first My First Million NFT. Sam (@theSamParr) and Shaan also talk about Laird Hamilton's Superfood company, whether people should lie more,...

15 Sep 202159min

#218 - Why You Should Take a Think Week Like Bill Gates

#218 - Why You Should Take a Think Week Like Bill Gates

[Updated] In this episode Sam (@theSamParr) and Shaan (@ShaanVP) talk about what Shaan has learned over the last week by taking a Bill Gates-inspired week off to dive deep into crypto. They also talk ...

10 Sep 20211h 24min

#217 - Why Direct-to-Consumer Companies Are Awesome to Own

#217 - Why Direct-to-Consumer Companies Are Awesome to Own

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) debate the merits of owning and operating a direct-to-consumer e-commerce business. Shaan breaks down some of the basic ins-and-outs you should l...

8 Sep 20211h 3min

#216 - Why Today Is the Day to Ask For a Raise

#216 - Why Today Is the Day to Ask For a Raise

In this episode Shaan (@ShaanVP) shares why you should ask for that raise and Sam (@theSamParr) pokes holes in the $75K happiness study. They also debate whether it is better to own the entirety of a ...

3 Sep 20211h 4min

#215 - What Venture Capital Will Look Like in the Future

#215 - What Venture Capital Will Look Like in the Future

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) predict what venture capital will look like in the future. Shaan breaks down the different ways someone can win as a VC and also explains how SPA...

1 Sep 20211h 16min

SPECIAL: The Tools in the Solo Creator Toolbox

SPECIAL: The Tools in the Solo Creator Toolbox

This special episode is a crosspost from the Indie Hackers Podcast with Courtland Allen. Sam and Shaan were interviewed by Courtland a few months ago and they gave a behind-the-scenes look at how they...

31 Aug 20211h 12min

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