#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.

Avsnitt(788)

Y Combinator CEO Shares How They Pick Winners, Advice For Founders + Lessons From Paul Graham | Garry Tan Interview

Y Combinator CEO Shares How They Pick Winners, Advice For Founders + Lessons From Paul Graham | Garry Tan Interview

Episode 642: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Garry Tan ( https://x.com/garrytan ), CEO of Y Combinator, about the sauce that makes YC outperform the rest of Silicon Valley plus lessons from Paul Graham, Peter Thiel and Garry’s first million.  — Show Notes:  (0:00) Winning the game (3:16) Being the Harvard of startups (7:31) How YC outperforms most Silicon Valley investors (9:36) Spotting extreme winners (14:14) Capital-as-a-service (16:34) How Garry hustled at 14 to get his into financial security (23:04) Turning down Peter Thiel's offer to start Palantir (32:20) Garry's first million (44:57) Early days at YC (51:31) The edge of startups with a 2-pizza team (54:36) Advice for founders in AI (1:05:57) The spoon-bending story — Links: • YC - https://www.ycombinator.com/ • Founding Sales - https://www.foundingsales.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

28 Okt 20241h 11min

How Mike Posner built a music empire from his dorm room

How Mike Posner built a music empire from his dorm room

Episode 640: Shaan Puri ( https://x.com/ShaanVP )sits down with Mike Posner ( https://x.com/MikePosner ) about his insane hustle, fame, loss and reinvention. — Show Notes:  (0:00) iTunesU Story (14:41) Going back to school, famous (21:40) Getting on the radio (26:40) “I just do what's cool to me and sometimes the whole world agrees” (30:06) One true sentence / Writing Process (39:50) Money, fame and Survivor (46:52) Advice to my younger self (48:10) Missed flight story (58:00) The making of a hit song (1:04:31) Walking Across America (1:11:09) "How cheap is your happiness?" (1:14:17) Beautiful States v Suffering States — Links: • Mike Posner - https://mikeposner.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

25 Okt 20241h 19min

You Have 70 Days to Win the Year

You Have 70 Days to Win the Year

Episode 640: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about setting one priority–one sprint–to turn your entire year into a win. It’s time for life or death mode.  — Show Notes:  (0:00) 70 days left to win 2024 (10:27) The prestige hacking of Jamie Beaton (25:32) Billy of the Week: Ken Fisher (and his marketing playbook) (39:25)The shocking economics of public monuments (46:19) Pro tip for founders: Find a banker (54:28) The double standard of VCs — Links: • My Body Tutor - https://www.mybodytutor.com/ • Fisher Investments - https://www.fisherinvestments.com/ • Motley Fool Asset Management - https://fooletfs.com/ • American Colossus - https://americancolossus.org/ • Built To Sell - https://builttosell.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

23 Okt 20241h 1min

The $600M Protein Bar Founder is Back Again | Peter Rahal Interview

The $600M Protein Bar Founder is Back Again | Peter Rahal Interview

Episode 639: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Peter Rahal ( https://x.com/peterrahal ) about starting RXBAR with $10K and selling it for $600M, business ideas he would chase today, plus why he’s back with another bar.   — Show Notes:  (0:00) RX Bar's path to $600M (8:32) Branding to solve a problem (14:03) David Protein (16:22) Idea 1: Differentiated vasodilator (27:53) Idea 2: The coffee of sleep (32:28) Idea 3: Continuous Testosterone meter (36:58)Idea 4: New religion  (42:03) Why do this again? (45:28) How to survive the first year after exiting (53:03) How big is David going to get? (56:18) Remote v in-office — Links: • RXBAR - https://www.rxbar.com/ • SCOTT & VICTOR - https://scottandvictor.com/  • David’s Protein - https://davidprotein.com/ • Lucy - https://lucy.co/  • Moonbrew - https://moonbrew.co/  • Levels - https://www.levels.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

18 Okt 20241h

Meet the 14yo entrepreneur who's already launched 2 businesses

Meet the 14yo entrepreneur who's already launched 2 businesses

Episode 638: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to 14-year-old founder Isaac Katayev ( https://x.com/isaackatayev ) about the startup he launched out of his 7th grade computer class.  — Show Notes:  (0:00) Cookieduck  (4:18) Making $1,500 a day at age 12 (6:19) Price Satellite  (11:08) Being peerless — Links: • Cookieduck Games - http://cookieduck.com  • Price Satellite - http://pricesatellite.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

16 Okt 202418min

Did the creator of Bitcoin just get unmasked?

Did the creator of Bitcoin just get unmasked?

Episode 637: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the conspiracy theory behind Bitcoin’s biggest mystery.  — Show Notes:  (0:00) The making of Satoshi (14:02) Is Peter Todd the guy? (30:20) A "1 minute" case for Bitcoin (35:21) “It's political suicide to not be pro crypto" (43:42) Must watch crypto thriller movies (46:32) SBF and FTX update — Links: • Money Electric - https://tinyurl.com/yw5mktnn  • Bitcoin Forum - https://bitcointalk.org/  • Fidelity Crypto Funds - https://www.fidelity.com/etfs/crypto-funds  • Trust No One - https://tinyurl.com/32fxa9y3  • The Night Of - https://tinyurl.com/3wmm68cc  — 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

14 Okt 202457min

The Wild Story of Mike Lynch’s Rise From Janitor to Tech Billionaire

The Wild Story of Mike Lynch’s Rise From Janitor to Tech Billionaire

Episode 636: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the rise and fall of Mike Lynch aka The British Bill Gates and his mysterious death onboard his $30M dollar yacht.  — Show Notes:  (0:00) The British Bill Gates Dies in Freak Yacht accident (14:51) The Kennedy Curse, conspiracies and coincidences (20:49) Sam bombs his meeting with the mayor (33:50) Branding to attract equals (44:36) Work backwards from the customers (48:00) Knowing something in your head vs your hands — Links: • Philosophize This! - https://www.philosophizethis.org/  • Wait But Why - https://waitbutwhy.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 Okt 202452min

How Silicon Valley’s Most Prolific Investor Picks Unicorns | Elad Gil Interview

How Silicon Valley’s Most Prolific Investor Picks Unicorns | Elad Gil Interview

Episode 635: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Elad Gil ( https://x.com/eladgil ) about the three things he looks for when betting on startups, how he became an early investor in Anduril, plus 3 business ideas he thinks someone should go after.  — Show Notes:  (0:00) How to be successful in angel investing (3:00) How to create a bankroll  (5:00) Making the great works of history available to anyone anywhere (7:21) The 1 thing that matters in a business (10:21) How to master a new topic like defense tech (12:15) Investing in Anduril in the first round (15:47) $1b dollar 1 person companies (18:51) Missionary vs mercenary (22:12) Idea: new schools inspired by Ancient Greece (25:49) Idea: A drug that makes you live longer (34:56) Idea: Large scale monuments to flex (44:25) Gil's Guide to Intensive Travel — Links: • Elad’s blog - https://eladgil.com/  • Proof School - https://www.proofschool.org/ • BioAge Labs - https://bioagelabs.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

8 Okt 202451min

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