One Question Friday: Hiring Your First Employee
My First Million13 Mai 2022

One Question Friday: Hiring Your First Employee

Shaan Puri (@ShaanVP) answers one listener's question. On this episode, a UK-based listener asks how to approach making their first hire at their startup. To submit your question and hear yourself on My First Million, go to MFMPod.com and click on the circle with the microphone in the lower right hand corner. ----- Links: * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter.

Episoder(790)

How Nick Saban’s Side Hustle Might Make Him a Billionaire

How Nick Saban’s Side Hustle Might Make Him a Billionaire

Episode 701: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about Nick Saban’s car dealership play, plus the most defensible ideas for AI startups.  — Show Notes:  (0:00) Car dealership billionaires (13:35) Local Maxima (17:07) Most defensible AI ideas right now 34:40) AI workflows for profitable newsletters (43:10) Spermracing  — Links: • Want to make $ with AI? Get the database here: https://clickhubspot.com/bfu • John Elway - https://www.elwaydealers.com/  • Lovable - https://lovable.dev/  • Replit - https://replit.com/ • Bolt - https://bolt.new/ — 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

28 Apr 54min

5 under-the-radar trends (+ our business ideas)

5 under-the-radar trends (+ our business ideas)

Want to spot trends before they explode? Get the guide here: https://clickhubspot.com/wdv Episode 700: Sam Parr ( https://x.com/theSamParr ) talks to Steph Smith ( https://x.com/stephsmithio ) about business trends that are currently untapped and ripe for opportunity to build businesses around.  Use code "MFM" to get access to Steph's Internet Pipes - http://internetpipes.com/ — Show Notes:  (0:00) Trend 1: Hearing Loss (11:33) Trend 2: eVTOL (17:42) Trend 3: Psychedelics (24:26) Trend 4: New Job Skills (42:50) Trend5: Nature technology — Links: https://www.faa.gov/newsroom/new-rule-faa-ready-air-travel-future https://psychedelicalpha.com/data/psychedelic-laws https://x.com/stephsmithio/status/1877418726485799283 https://www.amazon.com/Immense-World-Animal-Senses-Reveal/dp/0593133234 https://asknature.org/ https://internetpipes.com/ https://mischiefusa.com/ https://clickhubspot.com/wdv — 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

24 Apr 51min

The Board Game Billionaire: From a $10k Kickstarter to $100M/Year Business

The Board Game Billionaire: From a $10k Kickstarter to $100M/Year Business

Want your own $100M side project? Get our guide to win your first 100 customers: https://clickhubspot.com/wfp Episode 699: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Elan Lee ( https://x.com/elanlee ) about growing Exploding Kittens from a $10K Kickstarter campaign to $100M dollar company.  — Show Notes:  (0:00) Humble Success: Exploding Kittens Insights (8:07) The origin story - From 10k to $9M on kickstarter (16:17) Focus on the crowd, not the funding (20:41) Games should not be entertaining (23:52) The Kitty Test pilots (27:57) $0 marketing hacks (38:49) Pushing past the ‘no’ (41:07) Business as a game (45:32) Creativity loves constraints (54:28) Irritation is the source of innovation (59:13) Designing a game with Tim Ferriss (01:04:08) Do what never makes you bored — Links: • Exploding Kittens - https://www.explodingkittens.com/  • Paxsite - https://www.paxsite.com  • Elan on TikTok - https://www.tiktok.com/@mrelanlee  — 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 Apr 1h 16min

Anti-Business Billionaires: Lessons from Steve Jobs, James Dyson, and Yvon Chouinard

Anti-Business Billionaires: Lessons from Steve Jobs, James Dyson, and Yvon Chouinard

Episode 698: Sam Parr ( https://x.com/theSamParr ) talks to David Senra ( https://x.com/FoundersPodcast ) about what qualities make an anti-business billionaire.  — Show Notes:  (0:00) High Level of Disagreeableness (9:02) Extreme Self-Confidence (12:55) Product Quality Obsessed (18:37) Retention of Total Control (27:28) Exit Strategy is Death — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/wcv • Play Nice But Win - https://tinyurl.com/uuwumk8d  • Creative Selection - https://tinyurl.com/bdz8f9ae  • Founders Podcast - https://www.founderspodcast.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

17 Apr 42min

From making $6/week selling worms to making $110M+

From making $6/week selling worms to making $110M+

Episode 697: Shaan Puri ( https://x.com/ShaanVP ) sits down with James Currier ( https://x.com/JamesCurrier ) to talk about going from $0 to $110M through network effects.  — Show Notes:  (0:00) $0 to $1.6B (4:23) Your life on network effects (8:00) Savage founders (13:40) Speed (15:49) The art of unlearning (21:23) Technology window curves (30:29) Network Vampire attacks (37:37) Language first (43:15) Tickle (42:29) Finding a business bromance (58:47) James isolation mistake (1:01:27) Become an API (1:05:02) AI business ideas (1:16:07) What to do in your 20s (1:22:18) One world currency (1:32:16) Go to therapy — Links: • Steal Shaan's $20M Pitch Deck: https://clickhubspot.com/qrd • NFX - https://www.nfx.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

15 Apr 1h 38min

Are tariffs good or bad for founders?

Are tariffs good or bad for founders?

💰 Steal Shaan's [free] Episode 696: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about what they’re doing about the tariffs.  — Show Notes:  (0:00) Intro (3:13) Tariffs (22:00) Medieval Times (27:48) Shaan's process for finding edges — Links: • Shaan's $20M Pitch Deck: https://clickhubspot.com/uve • Medieval Times - https://www.medievaltimes.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

11 Apr 48min

The Happiest Man in Atlantis (A Short Story)

The Happiest Man in Atlantis (A Short Story)

💰 Steal Shaan's $20M Pitch Deck: Join Nick Huber and Shaan Puri for a free CEO Bootcamp on April 16th at 2pm EST: https://lu.ma/5kbwnk7v Episode 695: Shaan Puri ( https://x.com/ShaanVP ) tells the story of finding what is truly valuable.  — 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 Apr 14min

"Ocean is the new space" - 7 Wild Ideas for the $3 Trillion Dollar Frontier

"Ocean is the new space" - 7 Wild Ideas for the $3 Trillion Dollar Frontier

[free] Episode 694: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Will O’Brien ( https://x.com/willobri ) about how the ocean is the new hot girl.  — Show Notes:  (0:00) Ocean is the new space (8:50) Ocean surveying (10:25) Sea grass restoration (16:39) Defense drones (22:34) Underwater cable networks (31:51) Technology windows (38:16) Lab-grown seafood (41:03) Pirate treasure profit sharing (44:03) Marine geo-engineering (47:43) A new era for tech guys (57:52) Who Will admires (1:01:00) Underrated conspiracy theories (1:10:27) Becoming a monk — Links: • Ulysses - https://www.ulysses.eco/  • Saildrone - https://www.saildrone.com/  • Saronic - https://www.saronic.com/  • Wildtype Foods - https://www.wildtypefoods.com/  • Rainmaker - https://www.rainmaker.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 Apr 1h 16min

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