#172 - Indie Businesses Making Millions, Advice to Young Entrepreneurs & How to Grow a Podcast

Episode 710: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about how to evaluate risk and upside of new ideas.  — Show Notes: (0:00) Bessemer's $140B misjudgment of Shopify (5:47) Shaan's Anti-portfolio (15:26) Goal: Avoid Ruin (21:30) Outlier personalities (24:51) Underestimating Uber (32:16) "You can't overinvest in AI" — Links: • Want Sam's Playbook to Uncover Business Opportunities? Get it here: https://clickhubspot.com/bzo • “How to miss by a mile” - https://tinyurl.com/2rxubfwa  • Leaked OpenAI emails - https://www.techemails.com/p/elon-musk-and-openai  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

23 Mai 202546min

Episode 709: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Logan Ury ( https://x.com/loganury ) about how young men can be more successful in dating.  — Show Notes: (0:00) Intro (6:28) The secretary problem (14:43) What's happening with men right now (21:07) How to do the apps right (27:32) Meeting someone IRL (30:03) The power of weak ties (36:56) How to be a better date (40:37) Date like a scientist (45:44) Fuck the spark (49:02) What's your tendency (51:00) AI partners (57:15) Pro tip: join a mens group (1:03:23) Mental Health vs Mental Fitness — Links: • Want Sam's Company Research Playbook? Get it here: https://clickhubspot.com/wve • Logan Ury - https://www.loganury.com/  • 3 Tendencies Quiz - https://www.loganury.com/quiz • The School of Life - https://www.youtube.com/@theschooloflifetv • Mating in Captivity - https://tinyurl.com/bddrnw9c  • How to Not Die Alone - https://tinyurl.com/mupe2ntc  • Seven Principles for Making a Marriage Work - https://tinyurl.com/jvz9hhu6  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

21 Mai 20251h 16min

Want Scott Galloway's Business Playbook? Get it here: https://clickhubspot.com/pfg Episode 708: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Scott Galloway ( https://x.com/profgalloway ) about his wildest investments, plus advice for men in their 20s and 30s.  — Show Notes: (0:00) FTX bankruptcy claims (Turning $2M into $15M with one trade) (6:56) NJOY (Turning $2.5M into $75M) (15:58) YellowPages (Turning $4M into $20M) (21:10) Prediction: The U.S market is about to have a 15-year downturn (27:55) The inverse galloway index (31:55) Who Scott admires (33:14) Advice for young men (37:19) Scott spots the next $1B trend: European markets (44:18) How does one ball? (46:00) Trump's meme coin and transnational oligarchs (53:25) More advice for young men — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

16 Mai 20251h 7min

Episode 707: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Ankur Nagpal ( https://x.com/ankurnagpal ) about IRS loopholes that can help you grow your net worth plus Ankur shares 6 business ideas.  See Ankur in person at the OOO SUMMIT on Friday, May 16th - https://lu.ma/2025  — Show Notes: (0:00) Ankur's portfolio experiment (10:46) A case for direct indexing (16:29) Super backdoor roth conversions (20:59) Mega backdoor conversion (23:52) IDEA: Executive Clinic for Aesthetics (32:32) IDEA: Amish Farm Imports (36:18) IDEA: Credit Card Agent (43:01) IDEA: Homeownership app (47:35) IDEA: Padel club (56:31) IDEA: Buying a sports team — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/dvj • Teachable - https://teachable.com/  • Carry - https://carry.com/  • Frec - https://frec.com/  • Superpower - https://superpower.com/  • Flightfox - https://www.flightfox.com/  • Seats.aero - https://seats.aero/  • Home Depot Workshops - https://www.homedepot.com/c/kids-workshop  • The OOO Summit - https://lu.ma/2025  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

14 Mai 20251h 10min

Episode 706: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about offline businesses that are crushing it.  — Show Notes: (0:00) Be a $1M dollar business spotter (4:56) Swim lessons franchise (6:34) AWS for the Amish (17:25) At home pet euthanasia service (25:37) Take out order call center (42:35) Cheat code: Coaches (52:13) Add a performance — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/ogh • Goldfish Swim School - https://goldfishswimschool.com/  • IbyFax - http://ibyfax.com/  • Lap of Love - https://www.lapoflove.com/  • Tarro - https://www.tarro.com/  • Owner - https://www.owner.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

12 Mai 20251h

Episode 705: Shaan Puri ( https://x.com/ShaanVP ) sits down with Mohnish Pabrai ( https://x.com/MohnishPabrai ) about how to turn $10K into $1M.   Show Notes: (0:00) Simple = Genius (28:00) Never over-leverage (30:30) Risk vs uncertainty (33:00) Too hard pile (35:30) Be 1 inch wide, 1 mile deep (39:00) Learn from losers (43:30) A case for napping (48:00) Having an owner’s manual (53:00) Dying with zero (1:10:00) India’s Greatest Investor — Links: • Want to invest like a Billionaire? Get Mohnish's investment playbook: https://clickhubspot.com/mnp • Value Investors Club - https://www.valueinvestorsclub.com/  • Japan Company Handbook - https://tinyurl.com/489czpkp  • Dakshana - https://www.dakshana.org/ • BJ21 - https://bj21.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

9 Mai 20251h 20min

Episode 704: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Blake Scholl ( https://x.com/bscholl ) about he went from high school dropout to Groupon to the founder of a supersonic jet startup.  — Show Notes: (0:00) Find your red line (4:29) Problems hidden in plain sight (13:00) The making of Boom Supersonic (23:00) No rules of thumb (29:13) Blake's favorite interview question (34:22) Demo Day at YC (38:13) Selling Richard Branson (47:46) Being a dark matter founder (52:14) What does the most ambition of yourself look like? (55:51) Progressively overturning of the skeptics (1:01:06) Working with Jeff Bezos at Amazon — Links: • Steal Shaan's $20M Pitch Deck: https://clickhubspot.com/wem • Boom - https://boomsupersonic.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

7 Mai 20251h 11min

Episode 703: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to George Mack ( https://x.com/george__mack ) about high agency.  — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/wec • High Agency - https://www.highagency.com/  • Nick Mowbray episode - https://www.youtube.com/watch?v=4pHcxoZ0j9A  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

5 Mai 202558min