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Hubspot Media
Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.
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#216 - Why Today Is the Day to Ask For a Raise

#216 - Why Today Is the Day to Ask For a Raise

In this episode Shaan (@ShaanVP) shares why you should ask for that raise and Sam (@theSamParr) pokes holes in the $75K happiness study. They also debate whether it is better to own the entirety of a smaller company or a piece of a bigger one. The two also talk about MMA fights and how you can package that appeal, the future of maps, and a fractional vacation home company. Sam also shares the story around Wayne Huizenga, this week's Billy of the Week. --------- * 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: * (1:48) Spending time in the Hamptons * (3:11) The Jake Paul fight * (6:59) The local MMA fight * (11:00) Chasing the sensation of feeling alive * (15:06) The $75K happiness study * (19:50) How Shaan got insights on his teams wellbeing * (24:08) The future of maps * (34:10) Billy of the Week: Wayne Huizenga * (44:48) Pacasso for your next vacation home * (49:48) To own all of a small company or a piece of a big one * (59:40) Ask for a raise today
01:04:2103/09/2021
#215 - What Venture Capital Will Look Like in the Future

#215 - What Venture Capital Will Look Like in the Future

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) predict what venture capital will look like in the future. Shaan breaks down the different ways someone can win as a VC and also explains how SPACs work. The guys also talk about a company providing dummy data, the allure of a recruiting agency, and we learn about Harold Alfond - this week's billy of the week. --------- * 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:  * (3:30) Sam's book of the week * (9:58) Tonic Fake Data * (17:18) Recruiting as a solopreneur * (21:10) Amazon liquidation  * (31:22) Sam's Costco return story * (34:24) Shaan's Halloween costume rule * (37:09) Billy of the week - Harold Alfond * (48:18) Charitable donations * (57:15) The future of venture capital * (63:03) How SPACs work * (70:22) The ways to win as a VC * (74:53) The $200 million dollar graffiti artist
01:16:5001/09/2021
SPECIAL: The Tools in the Solo Creator Toolbox

SPECIAL: The Tools in the Solo Creator Toolbox

This special episode is a crosspost from the Indie Hackers Podcast with Courtland Allen. Sam and Shaan were interviewed by Courtland a few months ago and they gave a behind-the-scenes look at how they think about building out different income streams as a solo creator. --------- * Follow Indie Hackers: https://www.indiehackers.com/podcasts * 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: * (1:05) On Courtland selling to Stripe * (4:30) What makes My First Million special * (12:05) How a founder can succeed after being acquired * (17:49) Shaan's path to solopreneur * (26:19) How you make money with a rolling fund * (32:52) Ideas around astrology and horoscopes * (41:14) The tools in the solo creator toolbox * (43:14) Who is having the most fun doing what they do * (53:35) What are Sam & Shaan's end game? * (1:01:41) How to have it all
01:12:1631/08/2021
#214 with Ramit Sethi - Why You Should Have a Diversified Investment Portfolio

#214 with Ramit Sethi - Why You Should Have a Diversified Investment Portfolio

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) are joined by Ramit Sethi (@ramit), the founder of I Will Teach You To Be Rich. They start off talking about course businesses and Ramit shares what he's learned running courses for over 15 years. Ramit shares a few ideas for businesses and then the trio talk about different strategies around investing. Shaan shares why his approach is so different from what Ramit recommends, and he breaks down his own asset allocation. At the end Sam & Ramit share their personal money rules. --------- * Follow Ramit on Twitter: https://twitter.com/ramit * Ramit's new podcast: https://iwt.com/podcast * 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: * (1:06) Ramit's new podcast * (5:02) An update on Shaan's Power Writing course * (7:07) Ramit's course business * (11:30) Who is Jay Abraham * (16:43) Should MFM get a new name? * (20:14) How long can Ramit run his empire * (24:11) Ramit on trolls * (27:31) The history of courses * (34:12) Ideas around pets * (37:35) Ideas around cosmetics * (39:54) How Ramit would differentiate a product * (43:47) Ramit's money hacks * (46:00) How Shaan approaches investing * (47:00) A little anecdote about camera issues * (47:58) Back to Shaan's investment approach * (50:47) What game are you playing and what risk can you tolerate? * (53:26) What Shaan's goals are with investing * (57:11) Ramit's 10 money rules * (59:35) Sam's money rules * (1:02:09) Taking out loans on your assets * (1:05:33) How Ramit thinks of risk versus rewards * (1:17:10) Ramit on Sam's engagement ring story * (1:21:04) It's not all about the metrics
01:24:3827/08/2021
#213 - How to Build a Community

#213 - How to Build a Community

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) break down community businesses and different ways you can build a community. They also talk about the law of reciprocity, the ad Sam wrote that competitors have stolen, and the importance of user generated content for digital ads. They end the episode talking about how technology will change construction sites and share a few Instagram accounts worth following. --------- * 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: * (1:00) The law of reciprocity * (6:51) What is Friends with Benefits * (12:56) Why communities can be great businesses * (14:58) How big can token backed communities be? * (17:33) Soho House went public * (19:45) Should MFM make a social token? * (22:46) Set your data free * (29:36) Communities of communities can be big businesses * (30:54) User generated content & Sam's great ad copy * (36:45) The hot girl side hustle * (46:33) The future of construction sites * (53:41) Remote arcade games * (57:02) Some accounts to spice up your Instagram feed * (1:00:01) The man behind Telegram
01:06:5625/08/2021
#212 - Why You Shouldn't Be A Slave to a 40 Hour Work Week

#212 - Why You Shouldn't Be A Slave to a 40 Hour Work Week

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) discuss alternatives to a 40 Hour Workweek. They start off with Tim Ferriss & his ideas around mini retirements followed by the work ethic & career drive of people outside the US. They then dive into Naval Ravikant and his origin story, his thoughts on work, and his vision for the future of work. They end the episode with a few stories about rattlesnakes and bees. --------- * 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: * (1:04) The 40 Hour Workweek * (3:56) The Science of Fear * (7:57) What Shaan learned from The Four Hour Workweek * (11:23) Mini retirements * (13:35) What it's like in other countries * (17:35) Living like a lion or cow * (20:04) Shaan on Naval * (27:05) How to get rich without getting lucky * (29:27) The future of work * (36:51) The history of writing * (41:17) Beware of the rattle snack * (48:05) Bert behind Bert's Bees
53:3023/08/2021
#211 with Julian Shapiro - The 3 Cheat Codes Startups Use to Print Cash

#211 with Julian Shapiro - The 3 Cheat Codes Startups Use to Print Cash

In this episode Shaan (@ShaanVP) is joined by startup growth expert Julian Shapiro (@julian). Julian shares the 3 growth trends he noticed successful startups were implementing to grow at astonishing rates. The pair also discuss different publishing schedule approaches and how to write an effective Twitter bio. They end the episode talking about what each of them would do if they were to do something different. --------- * Follow Julian on Twitter: https://twitter.com/julian * 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: * (1:03) Julian on Podcasting * (4:45) The 3 cheat codes * (5:44) #1 - Give your customer a no-brainer decision * (6:15) #1A - Give them money (in a sustainable way) * (13:02) #1B - Make it super low friction * (19:48) #2 - Billboarding & naturally encourage sharing * (30:13) #3 - Self-liquidating funnels * (40:58) Why publishing erratically works for some * (45:58) Julian on Twitter bios * (50:44) What Julian would do if he was doing something different * (54:20) What Shaan would do * (57:55) On stand up comedy and what makes a good joke * (1:02:13) What the best storytellers have in common * (1:04:27) Where to find Julian
01:05:4020/08/2021
#210 - How Celebrities Have Made Billions off Their Names

#210 - How Celebrities Have Made Billions off Their Names

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) dive into a few industries and talk about the players behind them. They start off talking about car dealerships and the handful of politicians who make major coin through them. They then transition to celebrities and how some have leveraged their name to make even more money. They finish the episode with a few anecdotes on how some people started to accumulate wealth and a snippet on anti-aging and scientific discovery. --------- * 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: * (0:59) Intro * (2:47) The Skip Barber racing school * (6:48) Digitizing the gun range * (10:57) The politicians making money with car dealerships * (23:06) The cool growth hack used by Spoonflower * (28:48) Celebrities making bank of their celebrity * (35:26) George Clooney hooking up his friends with $1M cash * (39:51) A feel good story about Shaan's trainer * (41:58) The Bar & Bat Mitzvah hack to wealth * (44:57) A unique twist on Universal Basic Income - the birth dividend * (47:35) Aubrey de Grey and how scientific breakthroughs work
01:01:4118/08/2021
#209 with Gary Vaynerchuk - Why NFTS Are the Future

#209 with Gary Vaynerchuk - Why NFTS Are the Future

In this episode Gary Vaynerchuk (@garyvee) joins Sam (@theSamParr) and Shaan (@ShaanVP) to give a master class on NFTs. Gary shares his predictions on the future of NFTs and how they'll be (eventually) used by everyone. He also talks about the growth of VaynerX, his love of garage sales, and the launch of VeeFriends & VeeCon. At the end, he shares the biggest lesson he learned from passing on investing in Uber (twice). --------- * 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: * (0:58) Intro * (5:14) The headcount growth of VaynerX * (11:44) On Shaan's Clubhouse prediction * (13:39) Gary's conviction to the game * (17:44) Shaan's first foray into NFTs * (19:53) Gary's prediction on the future of NFTs * (23:24) Revisiting the purchase of Michael Jordan's house * (28:03) The story of the Spirits of St. Louis * (29:21) The what, not the how, for NFTs * (32:53) VeeFriends and VeeCon * (39:24) On Gary's master plan to buy and grow existing brands * (43:28) How Gary thinks about creating content * (45:52) Putting wins on the board * (47:28) Missing on Uber
52:3613/08/2021
#208 with Steph Smith - Why You Need a Chief Automation Officer

#208 with Steph Smith - Why You Need a Chief Automation Officer

In this episode Shaan (@ShaanVP) is joined by Steph Smith (@stephsmithio) for an idea packed episode. They start off talking about opportunities around spending your FSA dollars and on swag packs. They transition to talk about the role of automation at companies and Steph shares how she would go about automating repetitive parts of her role. The end the episode talking about Steph's new course, approaches to building a company, and Fidelity allowing trading accounts for teenagers. --------- * Want Steph's course? You can find it at https://doingtimeright.com * 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: * (1:06) Intro * (2:20) Ideas around spending your FSA dollars * (15:58) Ideas around giving out awesome swag * (21:52) The role of chief automation officer * (27:37) Building a company around automation * (35:03) Giving away free alcohol as marketing * (41:22) How Steph invests her time & money * (43:50) Steph's new course - doingtimeright.com * (47:44) Approaches to building a company * (51:39) Fidelity allowing teenagers on the platform * (56:52) How to find Steph online
58:5511/08/2021
#207 - How to Make Millions by Unbundling Etsy

#207 - How to Make Millions by Unbundling Etsy

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) break down a multi-million dollar opportunity to unbundle Etsy ($24B market cap). Shaan also shares how he would approach it if he were doing it himself. The guys also talk about the multi-billion dollar elevator industry, a training program to become an MMA fighter, and whether tax incentives make Canada an attractive place to run a startup. --------- * 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: * (1:10) Intro * (3:30) The elevator industry * (11:08) Unbundling Etsy * (22:43) A crash course to become an MMA fighter * (28:02) Mental Fitness * (39:01) Moving to Canada + SRED credits * (45:53) Reese Witherspoon's massive exit * (51:45) Delta airlines meet Delta variant
55:4906/08/2021
#206 with Brianne Kimmel - How Venture Capitalists Make Money

#206 with Brianne Kimmel - How Venture Capitalists Make Money

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) are joined by solo capitalist Brianne Kimmel (@briannekimmel). They talk about how Bri got started in investing, the pros and cons of her busy schedule, and discuss some of the unicorns she's invested in. They also discuss a cool use of deepfakes, how VCs make money, and whether or not college is worth the price of admission. --------- * 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: * (1:00) Intro * (2:25) The Shake Up - a new podcast on the HubSpot Podcast Network * (6:52) GPT-3 and Anthony Bourdain * (11:40) A cool use of deepfakes * (13:31) Meet Brianne Kimmel * (16:14) Bri's crazy schedule * (21:39) How VCs make money * (37:33) Hot spaces Bri sees * (40:54) Is higher education worth it? * (50:31) Winners Bri sees in her portfolio
01:02:1404/08/2021
MFM Mini - 5 Hacks to Landing Your Dream Job

MFM Mini - 5 Hacks to Landing Your Dream Job

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
18:4501/08/2021
#205 - How to Stop Your Tech Addiction

#205 - How to Stop Your Tech Addiction

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) revisit the NCAA rule changes about college athletes making money and Shaan shares his prediction about who the next big sports agent will be. They also talk about buying lotto tickets via an app, the mugshot industry, & how to fight tech and porn addiction. They end the episode with Shaan sharing a Chrome extension idea. --------- * 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: * (:53) Intro * (2:24) Buying lottery tickets online * (8:46) Making money around NIL - name, image, likeness * (14:21) The college sports agent * (18:59) The origin story of Scooter Braun * (23:01) Shaan's one regret from college * (24:37) The AngelList scout program * (28:43) The mugshot posting & removal industry * (35:29) An app to fight tech & porn addiction * (39:02) Story sidebar - Earl Nightingale & who's serving who * (42:12) Back to fighting tech addiction * (46:32) An idea for a Chrome extension
55:2230/07/2021
#204 - Behind-the-Scenes of Shaan's Power Writing Course

#204 - Behind-the-Scenes of Shaan's Power Writing Course

In this episode Shaan (@ShaanVP) breaks down all the numbers behind his Power Writing course (course link --> https://hi.switchy.io/5Cir) and gives Sam (@theSamParr) a walkthrough on how short squeezes work. The two of them later discuss the unbundling of YC, on-demand rental companies, and the future of gas stations. --------- * 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: * (:47) Intro * (1:49) Sam's bullish on America * (5:52) A beginner's guide to short squeezes * (8:35) The programming language behind Ethereum smart contracts * (16:09) Meet Greg16676935420 * (19:27) The unbundling of YC * (22:37) A breakdown of Shaan's Power Writing course * (32:55) Swimply and other rent-on-demand companies * (43:17) The future of gas stations
55:0128/07/2021
SPECIAL: The Little Known World of FatFIRE

SPECIAL: The Little Known World of FatFIRE

In this episode Sam (@theSamParr) shares what he's learned from one of his favorite subreddits, FatFIRE. FatFIRE is about the pursuit of financial independence/early retirement with an upper-middle class lifestyle. Do you like these special episodes? Tweet your feedback to Sam (@theSamParr) & let him know what you think. --------- * 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: * (1:07) Meet FatFIRE * (6:53) What Sam has learned from FatFIRE * (7:15) 1 - The safety withdrawal rate * (8:36) 2 - Asset backed loans * (10:38) 3 - They keep working after they retire * (11:50) 4 - It's easy to spend a lot of money * (13:05) 5 - But you don't have to * (13:50) 6 - You have a number * (15:04) 7 - On wealth advisors * (16:05) 8 - You don't have to start a business * (18:25) 9 - Live your life * (20:23) A redditor on different levels of wealth --------- Links: https://www.reddit.com/r/fatFIRE/ https://fatfireindex.com/
28:5126/07/2021
MFM Mini - How Ben & Jerry’s Turned Misfortune Into Fortune

MFM Mini - How Ben & Jerry’s Turned Misfortune Into Fortune

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
11:4125/07/2021
#203 - Why Dunder Mifflin Should Be a Real Paper Company & An Inside Look Into MicroAcquire With Andrew Gazdecki

#203 - Why Dunder Mifflin Should Be a Real Paper Company & An Inside Look Into MicroAcquire With Andrew Gazdecki

In this two-part episode, Sam (@theSamParr) and Shaan (@ShaanVP) start off with ideas on building brands around pop culture, discuss the drama around the private space race, and talk about a few business-in-a-box concepts. In the second part they interview Andrew Gazdecki (@agazdecki) from MicroAcquire. They talk about how Andrew raised $3.5M this week, discuss MicroAcquire's role as a market network, and successful niches to build in. --------- * 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: * (:49) Intro * (2:41) Building brands around pop culture * (10:59) The private race into space * (21:48) Bill's lemonade stand * (24:57) Service based businesses-in-a-box * (30:34) Meet Andrew Gazdecki * (34:17) The buy & build MBA - Soldstock.io * (37:19) Market networks * (40:04) Andrew's first company * (47:30) What Andrew did after selling his first company * (59:05) Successful niches to build in
01:07:4323/07/2021
#202 - A Breakdown of Trendy New Businesses & Boring 9 Figure Businesses

#202 - A Breakdown of Trendy New Businesses & Boring 9 Figure Businesses

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) discuss upcoming trends they are seeing along with old school businesses making hundreds of millions of dollars. Sam also talks about how he wants to grow the podcast, and Shaan shares a new writing goal he has. They end the episode talking about businesses that set of their spidey sense and may be scams. --------- * 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: * (:55) Intro * (1:56) Sam's YouTube push * (5:11) Shaan's 30 day writing challenge * (15:33) Trendspotting - Stretching gyms * (25:52) Trendspotting - Semi-permanent tattoos * (32:24) The billion dollar class ring business * (45:49) The Pantone color book * (49:43) The trend makers - WGSN.com * (55:04) Scammy businesses - recovering items from TSA checkpoints
01:06:3521/07/2021
SPECIAL: The Key Question to Reframe an Argument

SPECIAL: The Key Question to Reframe an Argument

In this episode Sam (@theSamParr) highlights the key question he asked to change a Twitter argument for the better. He also breaks down some of the content he's been consuming recently and shares what he liked about each piece. Do you like these special episodes? Tweet your feedback to Sam (@theSamParr) & let him know what you think. --------- * 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: * (:52) Ben Mallah on negotiating * (6:10) Michael Franzese on the Mafia * (10:20) How to reframe an argument * (12:35) The ugly side of Steve McQueen * (15:05) Cities giving incentives to move --------- Links: https://bit.ly/ben-mallah-negotiating https://bit.ly/michael-franzese-mfm https://bit.ly/reframingquestion https://bit.ly/remote-workers-incentives-mfm
18:2819/07/2021
MFM Mini - The 5 Part Process to Networking Effectively

MFM Mini - The 5 Part Process to Networking Effectively

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
09:5218/07/2021
#201 - Why You Should Spend 5x Your Budget on an Engagement Ring

#201 - Why You Should Spend 5x Your Budget on an Engagement Ring

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) break down different Micro-SaaS and P2P marketplace companies. They also talk about changes we'll see in advertising, a non-profit that is an alternative to Substack/Wordpress, and IKEA Hacking. They end the episode talking about when it makes sense to have an unlimited budget for something. --------- * 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: * (:49) Intro * (2:00) What's going on with iOS privacy settings * (8:59) The future of advertising * (12:32) Ghost.org - Wordpress meets Substack * (17:10) IKEA Hacking * (28:39) The $400 million fitness influencer app * (32:01) Micro-SaaS tools that help you win * (37:25) BabyQuip.com - a P2P rental marketplace for parents on vacation * (41:37) Teachers paying teachers * (48:06) What regrets will you have at 90? * (57:58) The unlimited travel budget
01:01:4416/07/2021
#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been

#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been

In this episode Shaan (@ShaanVP) and Sam (@theSamParr) share when it makes sense to swing for the fences and go all in on an idea. The guys also talk about performance vs brand advertising, the sick house Shaan is staying in, and end the episode with a segment on teenage side hustles. --------- * 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: * (:49) Performance vs. brand advertising * (7:43) The $15 million dollar house * (16:01) The 8 figure crypto media biz * (21:56) The power of the Bitcoin community * (25:56) The crypto exchange that could have been * (31:34) When to go all in on something * (38:04) Making millions without an audience * (45:24) How to up your intensity * (48:49) Teenage side hustles
01:01:3514/07/2021
#199 - The Secret to Being Great

#199 - The Secret to Being Great

In this special episode Sam (@TheSamParr) and Shaan (@ShaanVP) talk about recent content they've consumed. They break down Naval's tweetstorm on How to Get Rich Without Getting Lucky and discuss their appreciation for greatness. There is a unique example at the end of the episode. --------- * 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: * (1:07) 1. How to Take Over the World (Podcast) * (9:17) 2. The Almanac of Naval Ravikant (book) * (17:59) Sam's friend and their big bet on Bitcoin * (20:32) On greatness * (27:19) 3. Nonviolent Communication (book) * (29:26) 4. The Courage to be Disliked (book) * (30:05) 5. Sam Altman’s Manifest Destiny (article) * (34:23) An example of greatness (NSFW)
40:4212/07/2021
MFM Mini - A Guide to Asking Better Questions

MFM Mini - A Guide to Asking Better Questions

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
16:3511/07/2021
#198 - How to Build a Unicorn Around the NCAA Reg Changes

#198 - How to Build a Unicorn Around the NCAA Reg Changes

Sam (@TheSamParr) and Shaan (@ShaanVP) break down opportunities created by the NCAA regulation changes. One of those ideas Sam said was the best he's heard in months. They also talk about Sam's road trip adventure to New York. The guys finish the episode brainstorming ideas ranging from an internal search engine for company documents to Zapier for sounds to referral programs. --------- * 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: * (:54) Intro * (1:47) Sam's Nightmare Trip to NYC * (7:19) Opportunities for healthy eating on the go * (11:17) The Roaring 2020's * (13:04) NCAA Athlete Opportunities * (20:29) Inflections * (25:27) Stanwith.me * (32:59) A company document search engine * (39:41) Zapier for sounds * (53:58) Loyalty and referral programs * (1:01:37) The benefits of not using custom software
01:05:3209/07/2021
#197 with Dharmesh Shah - Frameworks for Becoming a Billionaire (From a Billionaire's Perspective)

#197 with Dharmesh Shah - Frameworks for Becoming a Billionaire (From a Billionaire's Perspective)

Sam (@TheSamParr) and Shaan (@ShaanVP) are joined by HubSpot co-founder and CTO Dharmesh Shah (@Dharmesh). Dharmesh shares his thought process behind buying the Hustle, how he thinks about time & money, and how HubSpot came to be. They close the episode talking about ideas around a better version of LinkedIn and the future of software. --------- * 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: * (0:57) Intro * (9:10) The inside scoop on why HubSpot bought The Hustle * (14:00) What it's like to be a billionaire * (18:54) A framework on the relationship between time & money * (24:50) Rich guy questions * (28:24) Dharmesh on the beginnings of HubSpot * (37:10) Idea: A blockchain version of LinkedIn * (45:35) Dharmesh on BitClout * (50:22) Idea: NLP, the future of software * (53:20) Growth Bot & website graders * (59:25) Dharmesh on GPT-3 * (1:02:55) Idea: A community for remote work * (1:04:41) Deal trophies * (1:06:56) A framework to evaluate startup ideas * (1:13:55) Constructive podcast criticism * (1:18:36) Outro
01:23:1307/07/2021
Greatest Hits #7 - Revisiting The Idea Episode with Product Genius Scott Belsky

Greatest Hits #7 - Revisiting The Idea Episode with Product Genius Scott Belsky

On this episode, Sam (@theSamParr) gives an update on one of Shaan's favorite episodes, his interview with Scott Belsky. Sam revisits what Scott said a little over 18 months ago during episode #32, and shares his thoughts on Scott's ideas today. Grab another salad, this is a good one. #32: We've got a different flavor today for you. We sat down with Scott Belsky (@scottbelsky) join us today and instead of hearing his backstory, we bounced around a bunch of topics. Scott has done it all. He's been a founder (Behance), angel investor (Uber, Pinterest), VC (Benchmark), Tech Executive (CPO of Adobe currently), and Author (The Messy Middle). So sit back, grab a salad (cause we're healthy in 2020) and enjoy this conversation.  --------- * 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: * (0:27) Sam intro commentary * (5:51) Sam commentary 2 * (9:10) Sam commentary 3 * (17:16) Sam commentary 4 * (23:19) Sam commentary 5 * (27:06) Sam commentary 6 * (28:31) Sam commentary 7 * (32:01) Sam commentary 8 * (36:09) Sam commentary 9 * (36:27) Sam commentary 10 * (51:37) Sam commentary 11 * (53:52) Sam commentary 12 * (55:43) Sam final commentary
59:2905/07/2021
MFM Mini - Shaan's 15 Minutes with the CEO of Alibaba

MFM Mini - Shaan's 15 Minutes with the CEO of Alibaba

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
09:1304/07/2021
#196 with Dan Held - Who Really Created Bitcoin & Other Crypto Startup Ideas

#196 with Dan Held - Who Really Created Bitcoin & Other Crypto Startup Ideas

Shaan (@ShaanVP) and Sam (@theSamParr) are joined in this episode by serial Bitcoin entrepreneur Dan Held (@DanHeld). They talk about the Genesis block of Bitcoin, who Satoshi Nakamoto might really be, and the controversy around Tether. They end the episode talking about business ideas in the Crypto space and how to make money in the creator economy. --------- * 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: * (:47) Intro to Dan Held * (3:01) How Dan got his first Bitcoin * (4:17) Will the real Satoshi please stand up * (9:31) Dan's Early Bitcoin days * (15:00) Ideas for the Bitcoin & Crypto space * (21:35) A new kind of private wealth manager * (24:43) The controversy around Tether * (31:28) Bitcoin security and multi-signature wallets * (36:31) Growth hacks to build your audience * (40:41) Monetizing in the creator economy * (46:44) Laser eyes and memes
55:2002/07/2021
#195 - A Discussion on Sam & Shaan's Recent Investments

#195 - A Discussion on Sam & Shaan's Recent Investments

Sam (@TheSamParr) and Shaan (@ShaanVP) provide a sneak peak into their portfolio on this episode, breaking down recent investments they've both made. For each deal they discussed the company, why they invested, why it can be good, and why it might not work. If you like this episode, Tweet Sam or Shaan if you want to see more of them. --------- * 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: * (1:21) Intro * (2:40) AbstractOps (https://www.abstractops.com/) * (11:00) Jar (https://www.myjar.app/) * (21:01) Ruumr (https://www.ruumr.com/) * (30:50) 1Build (https://www.1build.com/) * (38:55) ConvertKit (https://convertkit.com/) * (45:00) World's Fair Co (https://worldsfairco.com/) * (52:35) Praxis (https://www.praxissociety.com/)
57:1830/06/2021
SPECIAL: A Breakdown On Why Most Startups Take Longer Than You Think To Build (with examples)

SPECIAL: A Breakdown On Why Most Startups Take Longer Than You Think To Build (with examples)

"Most people underestimate what you can do in 10 years". In this episode we give examples of great startups that took longer than you thought to build. Then, we give tactics on how to overcome this...how to keep going through years of hard work. This is a very special episode. Tweet Sam (@thesamparr) if you want to see more of them. --------- * 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: * (1:02) Intro to episode * (5:56) Tim Westergren on Pandora's origins * (7:56) Sam's commentary * (10:48) Vlad Magdalin on Webflow's struggles * (12:44) Sam's commentary * (13:45) Steve Jobs on Passion * (14:27) Sam's commentary * (18:46) Tim Westergren's speech * (19:54) Sam's commentary * (20:52) What drove Vlad to keep trying * (22:13) Sam's commentary * (24:04) Chris Sacca on Travis Kalanick's competitiveness * (25:09) Sam's commentary * (26:43) A story about Travis' first business * (27:13) Sam's commentary * (29:19) Marc Cuban on focusing * (29:53) Sam's commentary * (34:21) What drives Chamath * (36:12) Episode close
40:5828/06/2021
MFM Mini - The Burrito Trick: How I Got My First 20 Customers

MFM Mini - The Burrito Trick: How I Got My First 20 Customers

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
12:0527/06/2021
#194 with Justin Mares - The 4 Types of Side Hustles and how to launch a $100M DTC brand

#194 with Justin Mares - The 4 Types of Side Hustles and how to launch a $100M DTC brand

Justin Mares (@jwmares) joins Sam (@TheSamParr) and Shaan (@ShaanVP) on this episode. Justin breaks down his most popular blog post, the 4 types of side hustles, and brings all kinds of ideas for how you can start your own. They also talk about Justin's DTC businesses - Kettle & Fire, Perfect Keto, and Surely Wines. They end the episode with a few ideas around camping, a new dating app, and how to leverage VAs & no code tools. --------- * 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: * (1:23) How Sam & Justin know each other * (5:17) Justin's DTC bone broth company * (10:00) Frameworks for side hustles * (13:22) Side Hustle 1: Buying an asset * (17:51) Side Hustle 2: Launching on top of a marketplace with demand * (22:08) Side Hustle 3: Unique product that grows through paid acquisition * (25:31) How Justin balances all his projects * (30:38) The $30K/year CGM experiment * (39:09) The skinny on Duck Duck Go * (42:32) Ideas: Airbnb camping * (45:27) Idea: Non alcoholic wine * (51:10) How to naturally boost your T levels * (1:01:04) Idea: Dating app based on your credit card usage * (1:03:49) Idea: The no code automation officer * (1:07:28) How to follow Justin
01:10:4325/06/2021
#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future

#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future

Shaan (@ShaanVP) and Sam (@TheSamParr) go in depth on how the Sweepstakes industry works, and Sam shares how they would use sweepstakes to grow the Hustle. The guys also discuss a business friendly take on deep fakes, a no-chicken chicken nugget, and how options contacts could work for startup founders. They end the episode with a long segment where Shaan predicts what the next version of today's big companies will look like. --------- * 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: * (1:20) Recap of episode  * (6:36) Brick and mortar businesses * (10:45) Losing millions with shipping delays * (14:26) Oasis - a positive spin on deep fakes * (23:23) Multi-million dollar sweepstakes businesses * (36:39) How the Hustle thought about user acquisition * (41:12) The chicken-free chicken nugget * (44:09) Options contracts for startups * (50:16) The Future: Shaan gazes into a crystal ball * (51:13) The Future: Apple * (51:56) The Future: Facebook * (53:23) The Future: Amazon * (54:31) The Future: 7/11 * (55:28) The Future: Netflix * (56:55) The Future: Pornhub * (57:53) The Future: Domino's * (59:30) Episode close
01:05:0023/06/2021
Greatest Hits #6 - Sam Tells All, Again - Selling for 10s of Millions after Making Millions with an Email Newsletter

Greatest Hits #6 - Sam Tells All, Again - Selling for 10s of Millions after Making Millions with an Email Newsletter

On this episode, Sam (@theSamParr) gives an update on an earlier episode with one of our most popular guests, himself. Sam revisits what he said almost 2 years during Episode 3, and shares 18 updates on how he currently thinks about those same topics now. Sam Parr (@theSamParr) is the founder of The Hustle - a simple email newsletter that has surpassed 1M daily subscribers and will be north of 8 figures this year. Sam walks us through how he built The Hustle from scratch as well as his adventures starting a hot dog stand, selling booze on the internet, meeting celebrities on the street and convincing them to hire him and how he would get rich if he was 21 again! --------- * 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. --------- Sam's commentary: * (1:02) Sam intro commentary * (7:41) Sam commentary 2 * (13:56) Sam commentary 3 * (20:07) Sam commentary 4 * (25:14) Sam commentary 5 * (39:46) Sam commentary 6 * (42:52) Sam commentary 7 * (45:16) Sam commentary 8 * (47:33) Sam commentary 9 * (49:06) Sam commentary 10 * (53:18) Sam commentary 11 * (54:43) Sam commentary 12 * (58:07) Sam commentary 13 * (1:05:42) Sam commentary 14 * (1:06:06) Sam commentary 15 * (1:07:37) Sam commentary 16 * (1:09:29) Sam commentary 17 * (1:12:32) Sam final commentary
01:14:5821/06/2021
MFM Mini - Stop Living Hour-to-Hour

MFM Mini - Stop Living Hour-to-Hour

Do you like these mini episodes? Tweet your feedback to Shaan (@ShaanVP) & get more short stories like this on his newsletter www.shaanpuri.com. --------- * 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.
07:1420/06/2021
#192 - Making Billions with Greeting Cards, How the FBI Took Down Thousands of Criminals, & Rich People (not) Paying Taxes

#192 - Making Billions with Greeting Cards, How the FBI Took Down Thousands of Criminals, & Rich People (not) Paying Taxes

Shaan (@ShaanVP) and Sam (@TheSamParr) break down the greeting card industry. They talk about digital cards and the staying power of card subscriptions, a new way to send gifts over social, and Shaan shares a story about his roots as a business operator. They discuss a subscription business for expecting mothers and Shaan shares an interesting story about the FBI. The end of the episode they talk about a little known Billy of the week. --------- * 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: * (1:23) Recap of episode  * (2:54) Making billions with greeting cards * (5:46) Segue: how the podcast changed Shaan's brain * (8:51) Back to greeting cards * (9:56) Making millions for decades at birthdayalarm.com * (15:54) Givingli & Hooked  * (18:39) Thoughts on the Pro Republic article * (25:28) The subscription for expecting mothers * (34:20) Outpacing the S&P with the anti-Galloway Index * (37:33) The secret FBI crackdown on criminals * (40:51) The growth of privacy focused apps * (43:20) Recapping the genius of Mike Maples * (48:35) Technology at Chick-fil-a * (54:53) McKinsey for tech consulting * (56:55) Consensys * (59:27) The Gordon Bombay of crypto * (1:04:19) The hypothetical invisible medium that permeates the universe
01:07:5118/06/2021
#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks

#191 with Mike Maples - 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks

Shaan (@ShaanVP) and Sam (@TheSamParr) talk with seed VC Mike Maples (@m2jr). Mike is a co-founding Partner at Floodgate. He has been on the Forbes Midas List eight times in the last decade due to notable investments like Twitter, Twitch, Lyft, and Okta. In this episode he talks about the four big trends he is excited about, the types of companies he likes to invest in, and why a startup isn’t a company. He shares a few of the mental models he uses at Floodgate to evaluate startups and shares the thoughts behind some of his unique turns of phrase. --------- * 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: * (1:02) – Debrief of the episode * (6:37) - Intro to Mike Maples * (9:02) - How Mike thinks about the next big thing * (11:00) – The 4 inflections Mike is excited about * (13:51) – Cloud Offices * (19:33) – A brief history of centralization & decentralization * (22:48) – Examples of software defined companies * (26:14) – A practical way to prepare for the future * (30:23) – How Mike thinks about investing in startups * (33:07) – Startup investing mental models * (37:39) – Mike’s take on "1 to n" businesses * (42:36) – Mike on Balaji * (47:11) – Mike on media companies  * (49:49) – Force a choice, not a comparison * (54:46) – Mike’s information diet * (57:40) – Contact info & future topics
01:05:0716/06/2021
Greatest Hits #5 - The 1-800-GOT-JUNK Story

Greatest Hits #5 - The 1-800-GOT-JUNK Story

We're trying a new format. Sam (@theSamParr) adds his commentary throughout the episode this week. Let him know on Twitter what you think of the change. Brian Scudamore (@BrianScudamore) is North America’s Junk Man. He turned a $700 pickup truck into one of the world's most successful franchises. Hear how he got started, got on Oprah, stumbled and almost killed his business, and the philosophies he uses to run his multimillion dollar junk empire! --------- * 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: * (3:41) Intro by Shaan to original episode * (5:22) How Brian got his story out there * (8:42) The origin story of 1-800-Got-Junk * (19:28) How Brian got the 1-800-Got-Junk number * (24:18) The vision board and getting on Oprah * (34:07) How Brian tore everything down to rebuild even better * (38:56) What Brian focuses on when hiring * (47:07) Why business went down $40M and how Brian responded * (51:58) Q1: What does Brian see as their breakthrough moment? * (53:14) Q2: How does Brian get liquidity & think about money? * (56:44) Q3: What would Brian do if he was 21 again? * (57:58) Getting in touch with Brian Sam's commentary: * (1:02) Sam's intro commentary * (4:42) Sam commentary 2 * (10:41) Sam commentary 3 * (12:46) Sam commentary 4 * (14:45) Sam commentary 5 * (15:23) Sam commentary 6 * (20:45) Sam commentary 7 * (31:16) Sam commentary 8 * (39:46) Sam commentary 9 * (41:33) Sam commentary 10 * (54:44) Sam commentary 11 * (59:33) Sam final commentary
01:01:3314/06/2021
MFM Mini - The Way To Be Confident

MFM Mini - The Way To Be Confident

Shaan (@ShaanVP) used to be super shy. Now he is known for his confidence. Talking on stage in front of thousands or starting new business takes confidence. In this 10 minute mini episode he talks about what the turning point was for him, and his unusual hack for building confidence. Like Shaan’s stories? Subscribe to his newsletter to get 1-2 stories like this a week at www.shaanpuri.com --------- * 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.
11:0813/06/2021
#190 - Making Billions in Coworking, the Dark Side of Confidence, and the Future of Sports Recovery

#190 - Making Billions in Coworking, the Dark Side of Confidence, and the Future of Sports Recovery

WeWork isn’t the only game in coworking. In this episode, Shaan (@ShaanVP) and Sam (@theSamParr) break down the multi-billion dollar coworking industry and identify what you need to succeed. Shaan shares an awesome story about Steve Jobs and the guys talk about the future of sports recovery and where money is to be made with athletic endorsements. --------- * 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: * (1:24) - Episode Intro * (3:18) - Opportunities in coworking * (11:56) - The MFM co-working space? * (15:27) - The mystique of Adam Neumann * (19:34) - The duality of extreme confidence * (30:40) - You can't say no to Steve Jobs * (36:39) - Shaan's dream exercise for new hires * (38:47) - The Nike of sports recovery * (47:29) - Cryotherapy in a barrel * (51:13) - Saunas and sensory deprivation * (52:57) - Leveraging opportunities around pro athletes * (58:07) - Outro
59:2511/06/2021
#189 - Second-hand E-commerce, Door-to-door Sales, and Live Show Recaps

#189 - Second-hand E-commerce, Door-to-door Sales, and Live Show Recaps

Sam (@theSamParr) & Shaan (@ShaanVP) discuss second-hand e-commerce, door-to-door sales, and business poised to bounce back after COVID in this episode. They start off the episode recapping the live shows in Miami and Austin which leads them into personal travel and other slingshot business set to rebound after a COVID slump. The guys transition to the Mayweather Paul fight, the infamous Charizard necklace, and to some exciting things happening in the NFT space. They close it out with Shaan sharing ideas on litigation finance, second-hand e-commerce, and a fantastic story on door-to-door sales. --------- * 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: * (1:16) - Episode Overview * (2:31) - Intro * (5:44) - Recap of Live Shows * (6:55) - Personal travel is crazy right now * (10:10) - Sam & Shaan on slingshot startups * (20:26) - How sports are innovating * (23:09) - Floyd Mayweather vs. Logan Paul * (25:27) - The Charizard Necklace * (27:18) - LaMelo Ball’s NFT collection * (33:55) - What is Ether.Cards * (41:52) - Peter Thiel and litigation finance * (50:22) - Second-hand e-commerce * (1:00:42) - Mega-segment on door-to-door sales * (1:20:11) - Outro
01:21:1009/06/2021
#188 - What It's Like to Be Rich, How to Respond to Growth Plateaus, & the New Neighborhood 7/11

#188 - What It's Like to Be Rich, How to Respond to Growth Plateaus, & the New Neighborhood 7/11

Sam (@theSamParr) & Shaan (@ShaanVP) do a little Q&A in this episode. They talk about their financial goals, their romantic relationships, and what they would do if they were 21 again. They finish off the episode talking about the podcast growth, live events, and brainstorm a few ideas around community and sports you can do as you get older. --------- * 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: * (1:19) - Intro * (4:00) - The Twitter bio paradox * (6:15) - Intro to Q&A * (6:30) - Q1 - What's it like to be rich? * (11:51) - Q2 - What do you read/research outside business? * (14:03) - Q3 - How did success influence your romantic relationships? * (20:34) - Q4 - What pandemic behavior do you want to keep? * (22:00) - Q5 - If you were 21 again, what would you be doing? * (25:44) - Q6 - What's your best purchase over $2K & best under $100? * (27:52) - Podcast growth update * (29:55) - On growth plateaus * (32:47) - Live event update * (34:53) - Community around the "neighborhood 7/11" * (44:25) - The new golf * (53:53) - Outro
56:0004/06/2021
Why I Got Sober (for entrepreneurs)

Why I Got Sober (for entrepreneurs)

Sam (@theSamParr) gets real in this episode. He talks about his struggles with alcohol and the reasons why he is now sober. He shares 8 lessons he learned from his experiences. He ends the episode by answering questions he received on Twitter. --------- * 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 * (3:56) - How it started - Sam's background with alcohol * (11:24) - The first turning point [oasis] * (13:36) - Asking for help [university clinic] * (14:49) - Going to California * (17:41) - The second turning point [Joe Garvin] * (20:07) - Getting help [SF Clinic] * (23:13) - Coping while sober [eating sugar] * (24:39) - What Sam has learned * (25:46) - Lesson 1 - The inner game * (27:26) - Lesson 2 - Being open * (29:33) - Lesson 3 - Booze messes up your body * (31:16) - Lesson 4 - Sober Sam = Attractive Sam * (33:04) - Lesson 5 - Having fun while sober * (35:14) - Lesson 6 - Intense realism * (36:57) - Lesson 7 - Control your emotions, control your reality * (37:17) - Lesson 8 - Saving $$$ * (37:58) - Q&A
46:5002/06/2021
Greatest Hits #4 - How To Sell Your Company for $750M - Meet Vungle's Jack Smith

Greatest Hits #4 - How To Sell Your Company for $750M - Meet Vungle's Jack Smith

Jack Smith (@_jacksmith) is the most clever entrepreneur I know. He’s cofounded multiple startups: Vungle, Coin, Shyp. With Vungle recently selling for $750M, we talk about his early businesses as a kid, selling prank itching powder on the playground - all the way to his infamous “LinkedIn Hack” that got him his first $120k investment check. --------- * 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: * (1:05) Episode Intro by Sam * (4:10) Who is Jack Smith? * (9:30) How Jack hustled as a 12-year-old * (13:55) Jack on productivity and procrastination * (21:26) How Jack raised for Vungle * (31:13) How Shaan got his in at Monkey Inferno * (35:16) The early iterations of Vungle * (41:37) How Jack leveraged his beginner's mindset * (45:19) Jack on VC norms & selling his stock * (49:44) What Jack would do if he was 20 again
55:5001/06/2021
MFM Mini - How to Turn Any Bad Experience into a Good One

MFM Mini - How to Turn Any Bad Experience into a Good One

Shaan (@ShaanVP) talks about a powerful reframing technique that can be used to make any "2-star" experience a "5-star" experience. Shaan tells a story of how this technique was used perfectly. The truth is we can all choose the experience we want and manifest it. --------- * 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. ---------
08:2930/05/2021
#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts

#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts

There are entrepreneurs quietly generating six figures working part-time in the vending machine business. Others have been able to scale to multi-million and even multi-billion-dollar figures in the industry. Shaan (@ShaanVP) and Sam (@TheSamParr) break down the vending machine industry with tons of numbers and exactly how some are pulling it off. The guys transition from a "boring" business to high-tech ones as they break down how Vimeo went from a College Humor project to competing with YouTube and earning an $8b valuation. They also talk about a trendy new pod that generated 500k downloads on its first day and they brainstorm on a fun concept: ghost kitchens for gifts. --------- * 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: * (5:55) How Vimeo became an $8b company * (14:26) The next big social app? * (25:45) The millions to be made in vending machines * (41:35) Ghost kitchens for gifts * (53:00) Post-podcast free talk
01:01:4028/05/2021
Stanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades

Stanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades

Trung Phan (@TrungTPhan) -- lead writer for The Hustle -- interviewed hedge fund legend Stanley Druckenmiller on May 11. Widely regarded as one of the greatest investors ever, Druckenmiller famously made $1 billion in a single trade shorting the British Pound in 1992.  Sam (@theSamParr) has a brief intro chat with Trung before transitioning into the 40-minute Druckenmiller Q&A, which covers: 1) the parallels between now and the Dot-com bubble; 2) the appeal of Bitcoin; 3) the first Big Tech firm likely to reach a $5T valuation; 4) what makes a great investor; and 5) Druckenmiller’s investment in fintech startup Toggle AI (which set up the interview).  --------- * 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: * (8:25) Lessons from the Dot-com Bubble  * (17:40) What’s the first Big Tech company likely to reach a $5T valuation?  * (19:25) What’s the biggest risk to the equity markets?  * (21:55) What are the long-term effects of the Wall Street Bets saga?  * (24:20) How he uses Toggle AI in his investing process * (26:50) What makes a great investor?  * (35:20) What is the appeal of Bitcoin?  * (42:20) His thoughts on Dogecoin  * (44:20) Advice for 20-year olds 
51:2227/05/2021
#186 with Marc Lore - Brainstorming with Billionaire Marc Lore on What He Would Build Today and the Future of Ecommerce

#186 with Marc Lore - Brainstorming with Billionaire Marc Lore on What He Would Build Today and the Future of Ecommerce

Shaan (@ShaanVP) and Sam (@TheSamParr) talk with billionaire Marc Lore. Marc is an entrepreneur who started The Pitt, Diapers.com, and Jet.com. Collectively he has sold his companies for over $4B. Marc talks about his plans for his new NBA team, the Minnesota Timberwolves, which he bought alongside Alex Rodriguez. He talks about how he plans to run the team like he has always ran his companies. He talks about the importance of hiring the right people (and how to do it) and being well-capitalized. For the second half of the podcast, we jump straight into a brainstorm. Marc talks about the interesting companies he's investing in as well as the ones he would like to exist. He even breaks down how he would go about creating a $100m e-commerce related company within the next 3 years --------- * 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: * (6:00) How Marc came to own the Timberwolves * (15:28) How Marc Lore hires people * (28:30) These are the companies Marc is investing now * (37:40) How Marc decides which companies to start and how he goes about it * (44:47) Where Marc thinks the future of e-commerce is going * (55:17) How Marc would build a company to sell for $100m * (1:00:27) Shaan and Sam debrief
01:15:3626/05/2021