Episode
#167 - Answering Your Questions On Investments, Businesses and Life
54:54
Published: Mon Apr 05 2021
Description
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: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer your questions: (3:40) What are you both investing in? (16:16) Please update us on your rolling fund. Is it what you expected? Are you more or less bullish on it? (21:25) What do you not get a chance to talk about (either because it's off-topic/lower priority) that you wish you could? (23:08) You guys are awesome at coming up with incredible ideas and knowing how to execute them. What would it take for one to pull you out of Twitch and want to pursue in full force? (27:24) Shaan how do you balance side hustles while still outperforming at Twitch? (33:06) Who’s the worst person you admire? (39:29) Should you hire your friends? (44:19) Who can squat more weight? (44:40) What are the biggest insecurities, both of you struggle with? (48:30) Since covid is pretty much a thing of the past...when will the MFM meetup be? --------- --------- 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.
Chapters
HubSpot CRM is a one-stop shop for automating tedious tasks, keeping track of contact information and deals, and making sure the team has access to all the same data, all while being easy to use and free to get started.
00:00 - 00:53 (00:53)
Summary
HubSpot CRM is a one-stop shop for automating tedious tasks, keeping track of contact information and deals, and making sure the team has access to all the same data, all while being easy to use and free to get started.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
Trung admits to browsing the internet often and the hosts discuss their backlog of text questions.
00:53 - 05:03 (04:09)
Summary
Trung admits to browsing the internet often and the hosts discuss their backlog of text questions.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The podcast has been criticized as being mostly about rich individuals discussing ways to make even more money.
05:03 - 08:40 (03:37)
Summary
The podcast has been criticized as being mostly about rich individuals discussing ways to make even more money. While some enjoy learning about investing strategies, others feel that the information is closely guarded by the wealthy.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The taboo to talk about money, often correlated with class, can be unfortunate.
08:40 - 13:46 (05:06)
Summary
The taboo to talk about money, often correlated with class, can be unfortunate. The podcast explores the idea of discussing money openly, creating things that people want and the role of wealth in the process.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The speaker shares his experience of turning $25,000 into $10 million and then into a $4 million debt by investing confidently and without worrying about money.
13:46 - 19:00 (05:13)
Summary
The speaker shares his experience of turning $25,000 into $10 million and then into a $4 million debt by investing confidently and without worrying about money.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The story talks about a man who sold his company that built Facebook apps for a good sum of money and then invested all his profit in Facebook when he realized its potential.
19:00 - 21:54 (02:54)
Summary
The story talks about a man who sold his company that built Facebook apps for a good sum of money and then invested all his profit in Facebook when he realized its potential.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The speaker wishes to talk more about fitness, which takes up a significant portion of their life, but feels it is not on topic with the podcast.
21:54 - 25:48 (03:54)
Summary
The speaker wishes to talk more about fitness, which takes up a significant portion of their life, but feels it is not on topic with the podcast.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The speaker shares how his curiosity has led him to try new things and share his learnings through various platforms like podcasts, newsletters, courses, etc.
25:48 - 29:33 (03:44)
Summary
The speaker shares how his curiosity has led him to try new things and share his learnings through various platforms like podcasts, newsletters, courses, etc. He also talks about the importance of being open to learning and trying new things.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The host of the All-In podcast discusses how he balances his side projects with his full time job at Twitch, and the importance of being transparent about your goals with your employer.
29:33 - 33:54 (04:21)
Summary
The host of the All-In podcast discusses how he balances his side projects with his full time job at Twitch, and the importance of being transparent about your goals with your employer.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The speaker expresses fascination with the ability of historical figures like Che Guevara and Benito Mussolini to convince people to follow their leadership, despite their terrible actions.
33:54 - 38:26 (04:32)
Summary
The speaker expresses fascination with the ability of historical figures like Che Guevara and Benito Mussolini to convince people to follow their leadership, despite their terrible actions.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
In this podcast, the speaker talks about a warlord in Africa who committed heinous crimes and Louis C.K., who started as a comedian, but got canceled for inappropriate behaviour in front of multiple women.
38:26 - 41:02 (02:35)
Summary
In this podcast, the speaker talks about a warlord in Africa who committed heinous crimes and Louis C.K., who started as a comedian, but got canceled for inappropriate behaviour in front of multiple women.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
Starting a business may mean having to have difficult conversations with friends who may not be pulling their weight.
41:02 - 47:01 (05:58)
Summary
Starting a business may mean having to have difficult conversations with friends who may not be pulling their weight. Being clear and upfront about expectations can help ease tension in the long run.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The speaker reflects on the desire to be part of the "in crowd" when meeting professionals like Andrew Chen from Andreessen Horowitz, but also admires individuals like Scott Harrison who dedicate their life to making a positive impact.
47:01 - 50:13 (03:12)
Summary
The speaker reflects on the desire to be part of the "in crowd" when meeting professionals like Andrew Chen from Andreessen Horowitz, but also admires individuals like Scott Harrison who dedicate their life to making a positive impact.
Episode#167 - Answering Your Questions On Investments, Businesses and Life
PodcastMy First Million
The founders discuss their ability to come up with catchy themes for events and why they invest in meaningful conferences that provide value beyond surface-level networking.
50:14 - 54:52 (04:38)
Summary
The founders discuss their ability to come up with catchy themes for events and why they invest in meaningful conferences that provide value beyond surface-level networking.