#178 with Balaji - Balaji on How to Fix the Media, Cloud Communities & Crypto

#178 with Balaji - Balaji on How to Fix the Media, Cloud Communities & Crypto

Shaan (@ShaanVP) and Sam (@TheSamParr) host Balaji (@balajis) this episode. This is an amazing dive into Balaji's mind. He talks about the current issues with the media and how he's hoping to fix it with crypto and the blockchain. We also get a look at how he views the world, what motivates him, what he's been wrong about as well as the massive shifts he sees happening. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:00) Intro * (2:30) Balaji's background * (7:33) Why Balaji started a newsletter: 1729 * (22:40) The media and its biases * (31:58) Balaji on memes and their importance * (37:45) What the future of media looks like and the role of crypto * (56:26) When did Balaji get into crypto? * (1:01:30) Sam asks Balaji what motivates him * (1:11:50) How the world is changing and becoming more Balaji-like * (1:19:39) What would 21 year-old Balaji work on? * (1:22:46) Why geographical proximity is no longer linked to cultural proximity * (1:26:25) How we can align incentives between tech and everyone else * (1:32:30) Balaji on crypto-social networks * (1:37:30) How Balaji operates day-to-day and "the idea maze" * (1:47:33) The importance of finding the right place to live * (1:57:30) What it's like to talk to Balaji * (2:02:08) What has Balaji been wrong about? * (2:11:00) Science vs. math: getting to the truth * (2:21:10) Balaji asks Sam for newsletter advice * (2:24:40) What are Balaji's guilty pleasures

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56 Minutes of Money Wisdom for High-Earning Couples

56 Minutes of Money Wisdom for High-Earning Couples

Get our Business Monetization Playbook: Episode 665: Sam Parr ( https://x.com/theSamParr ) talks to Ramit Sethi ( https://x.com/ramit ) about money rules for couples in their 30s and 40s.  — Show Notes:  (0:00) 5 rules for money in your relationship (5:25) the 4 money types: avoider, optimizer, worriers, dreamers (10:15) The Annual Review (23:00) Monthly money meetings (26:00) There is no "money person" (31:09) 4 benchmarks for high-earning couples (35:03) Learning to spend (41:01) Investments vs purchases (43:39) Troubleshooting partnership disagreements (49:00) Spending to solve problems (53:00) Fight for simplicity — Links: • Money for Couples - http://iwt.com/moneyforcouples • Ramit on YouTube - https://www.youtube.com/@ramitsethi — 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 The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

6 Jan 59min

No Small Boy Stuff, Investing Wisdom from Nassim Taleb, plus ChatGPT Prompts We're Using

No Small Boy Stuff, Investing Wisdom from Nassim Taleb, plus ChatGPT Prompts We're Using

Get our Business Monetization Playbook: Episode 664: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about investing wisdom from Nassim Taleb and how to use ChatGPT as a life coach.  — Show Notes:  (0:00) No small boy stuff (2:30) Squid Game for investors (13:00) Noise v. signal (20:36) Sam uses ChatGPT to plan his life (31:50) Shaan explains how LLMs work (39:50) How to write better prompts (52:56) How to build a billion dollar company (55:51) 13 Questions that will change your life — Links: • Nassim Taleb books - https://tinyurl.com/2vnvz36f  • Crystal Ball Trading Challenge - https://elmwealth.com/crystal-ball-challenge/  • Kubera - https://www.kubera.com/  • 3Blue1Brown - https://www.youtube.com/c/3blue1brown  • Leetcode Wizard - https://leetcodewizard.io/  • Fertilo - https://www.gametogen.com/fertilo  • “13 Questions That Will Change Your Life” - https://shaan.beehiiv.com/p/one-minute-blog-13-questions-that-will-change-your-life  — 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 The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

3 Jan 1h 9min

The 2024 Milly Awards

The 2024 Milly Awards

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 663: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) break down the best and worst of the year.  — Show Notes:  (0:00) Best Investment of The Year (7:51) Worst Investments of The Year (14:39) Biggest Personal L (20:26) Coolest Moment (24:50) Life Hack of the Year (30:55) Billy of the year (37:31) Frame Breaking Person (48:53) Favorite guest (57:30) Best Product (1:01:24) Biggest change for next year — Links: • Inverse Galloway Index - https://inversegallowayindex.com/  • Nick Gray - https://nickgray.net/  • “Do What Makes The Best Story” - https://amasad.me/story  • Brick - https://getbrick.app/  — 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

30 Dec 20241h 14min

$500M Founder: “This is the biggest opportunity in the US today”

$500M Founder: “This is the biggest opportunity in the US today”

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 662: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Justin Mares ( https://x.com/jwmares ) about the biggest trends and opportunities in health and wellness.  — Show Notes:  (0:00) The poisoning of America (7:17) IDEA: Home Health Services (25:26) IDEA: Modern butcher shop (38:58) IDEA: Calibrate for fertility (45:34) Choose one problem for your career (48:50) Building a 9-figure bone broth product (59:18) Zuck donates his gold chain — Links: • The Great American Poisoning - https://justinmares.substack.com/p/the-great-american-poisoning  • Lightwork - https://dolightwork.com/  • Blueprint - https://blueprint.bryanjohnson.com/  • Snake River Farms - https://snakeriverfarms.com/  • Calibrate - https://www.joincalibrate.com/  • Inflection Grant - https://www.inflectiongrants.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 Dec 20241h 5min

He Makes $1,000,000 in 30 Days Selling Christmas Trees

He Makes $1,000,000 in 30 Days Selling Christmas Trees

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 661: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the NY Christmas Tree mafia, 2 health startups with crazy traction, plus their predictions for big trends in 2025.  — Show Notes:  (0:00) Christmas Tree Mafia (6:45) Neko Health (11:57) Superpower (21:43) Shaan's 4x/wk training program (25:33) Prediction: Whole Foods is going down (27:40) Prediction: Natural fibers, local meat — Links: • Curbed article - https://tinyurl.com/3z6tzf3w  • Neko Health - https://www.nekohealth.com/  • Superpower - https://superpower.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

20 Dec 202435min

The #1 Most Underrated Quality in an Entrepreneur

The #1 Most Underrated Quality in an Entrepreneur

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 660: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about founders who have rage as an unfair advantage, Bill Ackman’s takedown of Harvard, and a ruthless PE rollup.  — Show Notes:  (0:00) Revenge businesses and other green flags (5:55) Chips on shoulders = chips in pockets (19:38) Bhutan's Gross National Happiness (34:48) Ruthless PE rollup: International schools (43:58) IDEA: $500M YouTube University (54:11) Bill Ackman Breaks down Harvard as a business — Links: • How To Lose Weight in 4 Easy Steps - https://tinyurl.com/2x67a7jc  • Nord Anglia Education - https://www.nordangliaeducation.com/  • Full Sail University - https://hello.fullsail.edu/ • University of Austin - https://www.uaustin.org/people/joe-lonsdale  • Veritas? - https://pershingsquarefoundation.org/wp-content/uploads/2024/10/Veritas.pdf  — 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 Dec 20241h 5min

How to plan an epic 2025, without setting goals | Jesse Itzler

How to plan an epic 2025, without setting goals | Jesse Itzler

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 659: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Jesse Itzler ( https://x.com/JesseItzler ) about how to live an epic life.  — Show Notes:  (0:00) Come into the new year light (7:56) Hand written letters (14:03) Identify your B minuses (20:15) Pick your Misogi (27:28) 6 mini adventures (37:38) Add a winning habit (39:55) Write it down (49:50) Don't f*cking waste 2025 — Links: • Jesse Itzler - https://jesseitzler.com/  • Jesse's on MFM episode - https://www.youtube.com/watch?v=ff1z3GUcfO8 — 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 Dec 202458min

I got rejected from YC (4x)…. now my side hustle is worth $1.16B

I got rejected from YC (4x)…. now my side hustle is worth $1.16B

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 658: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Replit founder Amjad Masad ( https://x.com/amasad ) about the massive opportunities with AI Agents.  — Show Notes:  (0:00) Replit origin story   (9:27) Replit's 10-year overnight success (12:27) Rejected 4x by YC (17:28) Personal essays from Paul Graham (20:17) "i hacked into my university to change my grades" (25:55) Rickrolling into YC (35:25) Shaan builds a food tracking app in 30 seconds (43:19) Magic School: An AI application for educators 4M users in 1 year (47:31) Amjad on Agents (49:53) Building moats in a goldrush (54:53) Replit is Shopify for software creators (1:05:11) The most gangster story in Silicon Valley — Links: • Amjad essays - https://amasad.me/  • Replit - https://replit.com/  • Codeacademy - https://www.codecademy.com/  • Do What Makes The Best Story - https://amasad.me/story  • Magic School AI - https://www.magicschool.ai/  • 11x AI - https://www.11x.ai/  • Synthesis Tutor - https://www.synthesis.com/tutor  • The Sovereign Individual - https://tinyurl.com/4w6ns7b2  • 7 Powers - https://tinyurl.com/382ch557  — 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

11 Dec 20241h 11min

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