#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

Avsnitt(787)

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

He built a $1M/MRR dinner club app in 2 weeks with 0 employees

He built a $1M/MRR dinner club app in 2 weeks with 0 employees

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 657: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the $10M ARR dinner club app, the history of Black Friday, and ChatGPT prompts that work like cheat codes.   — Show Notes:  (0:00) $10M ARR dinner club (26:19) The science of Black Friday and Cyber Monday (32:47) Reverse Black Friday positions (36:21) 7-day MFM Money Fast (40:57) Simple ChatGPT prompt hacks that work (45:55) Picking a rocket ship (50:53) Warren Buffett's $150B problem (58:17) The Elon Musk Learning Method — Links: • Timleft - https://timeleft.com/ • Bucket list - https://dailymax.fr/fr/bucket-list-fr/ • Your Life in Weeks - https://waitbutwhy.com/2014/05/life-weeks.html • Warren Buffett letter - https://www.berkshirehathaway.com/news/nov2524.pdf • Elon Musk Learning Method - https://www.youtube.com/watch?v=splkLcpBws8 — 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

9 Dec 20241h 3min

3 Stories of Crazy Geniuses: Fenn’s Treasure, Michael Saylor’s Infinite Money Glitch + Ralph Lauren’s Bold Bet

3 Stories of Crazy Geniuses: Fenn’s Treasure, Michael Saylor’s Infinite Money Glitch + Ralph Lauren’s Bold Bet

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 656: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) tell 3 stories of people who took insane risks that paid off.  — Show Notes:  (0:00) Bitcoin millionaire hides $2M in treasures across US (11:27) Building the Ralph Lauren fantasy (23:58) Michael Saylor's infinite money glitch — 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

5 Dec 202455min

A Billionaire's Guide To Going From $4/hour to $1 Billion Net Worth - Dharmesh Shah

A Billionaire's Guide To Going From $4/hour to $1 Billion Net Worth - Dharmesh Shah

Get our Business Monetization Playbook: https://clickhubspot.com/monetization Episode 655: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Dharmesh Shah ( https://x.com/dharmesh ) about how to increase the odds of hitting your first million and your next million.  — Show Notes:  (0:00) Intro (3:33) Lesson 1: Get leverage (9:26) Lesson 2: Be an asset, not a liability (13:40) Lesson 3: Get even closer to the value creation (19:42) Mini Masterclass on Power Negotiating (24:35) Dharmesh's little-known $2M failure (29:35) Lesson: Insight compression (34:08) Dharmesh sells Chat.com (41:06) Agents are the new apps (44:51) The future is hybrid teams (49:23) Agents Dharmesh uses today (53:20) Dharmesh's next big thing (1:02:58) Uncomfortable company values (1:05:33) Local maximum vs global maximum (1:06:57) RaaS: Results-as-a-Service (1:09:59) Being a first time billionaire — Links: • Agent AI - https://agent.ai/  • Harvey MacKay books - https://harveymackay.com/books/  • Getting To Yes - https://tinyurl.com/43ne6v97  • Connecting Dots - https://connectingdots.com/  • MFM Vault - https://frontend-production-f8b7.up.railway.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

3 Dec 20241h 17min

$100B Founder Breaks Down The Biggest AI Business Opportunities For 2025

$100B Founder Breaks Down The Biggest AI Business Opportunities For 2025

Episode 653: Shaan Puri ( https://x.com/ShaanVP ) talks to Furqan Rydhan ( https://x.com/FurqanR ) about the biggest opportunities in AI right now.  — Show Notes:  (0:00) Intro (4:42) Define the Job-to-be-done (8:20) How to build an AI Agent workflow (11:16) AI Tools break down (27:05) How Polymarket won (31:48) Why VR is a sleeping giant? (44:43) Be a lifelong player in tech (58:52) The unbeatable combination (1:02:27) Adam Foroughi’s A+ execution (1:18:35) Betting on -1 to 0 — Links: • Furqan’s site - https://furqan.sh/  • Founders, Inc - https://f.inc/  • Applovin - https://www.applovin.com/  • Claude - https://claude.ai/  • OpenAI - https://platform.openai.com/  • Langchain - https://www.langchain.com/  • AutoGen - https://autogenai.com/  • Crew - https://www.crewai.com/  • CloudSDK - https://cloud.google.com/sdk/  • Perplexity - https://www.perplexity.ai/  • “Attention is all you need” - https://typeset.io/papers/attention-is-all-you-need-1hodz0wcqb  • Anthropic - https://www.anthropic.com/  • Third Web - https://thirdweb.com/  • Luna’s AI Brain - https://terminal.virtuals.io/  • Oasis - https://oasis.decart.ai/welcome  • Polymarket - https://polymarket.com/  • Gorilla Tag - https://www.gorillatagvr.com/  • Yeeps - https://tinyurl.com/59z2yrdu  — 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

26 Nov 20241h 30min

5 TikTok products that could print money for you

5 TikTok products that could print money for you

Episode 652: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about 5 ways you can make millions off of TikTok.  — Show Notes:  (0:00) Intro (4:34) Idea 1: Creator Rewards Program (12:19) Idea 2: Botox Face Tape (16:57) Idea 3: Madison Reed dupe for TikTok (20:50) Idea 4: Self-help Journal (32:10) Idea 5: Candy Candles (34:42) Idea 6: 23andMe reboot — Links: • Goli - https://goli.com/ • The Natural Faces - http://thenaturalfaces.com/  • Madison Reed - https://www.madison-reed.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

21 Nov 202446min

3 Stories Of People Making Millions In Weird Ways

3 Stories Of People Making Millions In Weird Ways

Episode 651: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the Polymarket whale who made millions off the election, Ozempic for sleep and why Martha Stewart would have been our Billy of the Week in 1999.  — Show Notes:  (0:00) The rise and fall of Martha Stewart (19:04) Ozempic for sleep (33:10) The guts and brains of Polymarket's whale (44:55) Betting vs gambling — Links: • Isaak.net - https://isaak.net/sleepless/ • Polymarket - https://polymarket.com/  • Chainalysis - http://chainalysis.com • Vitalik blog - https://vitalik.eth.limo/general/2024/11/09/infofinance.html  — 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

19 Nov 20241h 4min

Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By 29

Leila Hormozi: From Minimum Wage Employee to $100M Net Worth By 29

Episode 650: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Leila Hormozi ( https://x.com/LeilaHormozi ) about being broke at 22 to making $1,200,000.month by 23.  — Show Notes:  (0:00) Broke, overweight, going no where (3:53) Wake up calls (11:25) The Dickens Method (13:29) Dating Alex Hormozi (18:49) Starting Gym Launch at 23 (20:39) Repeating $0 - $15M in 12 months (23:38) Life after selling gym launch (25:15) "Who you compete with is who you become" (34:28) $10M workshops (35:30) Impatience with actions, patience with results — Links: • Acquisition - https://www.acquisition.com/  • Alex Hormozi on MFM - https://youtu.be/4KfuQwB5rIs  — 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

15 Nov 202447min

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