Episode
Are the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
1:12:46
Published: Thu Feb 17 2022
Description
Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) discuss the Olympics and whether it is worth while to spend time trying to get a gold medal, companies that make billions solving small "paper cut" problems, why Sam thinks he needs a money therapist, and much more. ----- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Show Notes: (00:20) - The Paralympics and the Olympics (18:15) - Creating new docs and "paper cut companies" (28:05) - How to create great experiences (37:20) - Is Sam Ovens legit? (46:55) - The 0.01% Rule (52:50) - Money therapy (57:00) - The Tinder Swindler ----- Links: * https://www.golinks.io/ * https://coolors.co/ * https://www.boardroominsiders.com/ * https://pitchbook.com/ * The Tinder Swindler: https://www.netflix.com/title/81254340 ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Chapters
This podcast episode talks about the importance of caring about the little moments in between big events, and how it sets them apart from others in their field.
00:00 - 00:33 (00:33)
Summary
This podcast episode talks about the importance of caring about the little moments in between big events, and how it sets them apart from others in their field.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The Paralympics put a blindfold on all competitors for the blind running event even if they have some residual vision.
00:33 - 04:34 (04:00)
Summary
The Paralympics put a blindfold on all competitors for the blind running event even if they have some residual vision. This levels the playing field for all athletes.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The speaker discusses the failure of Superpoke, an app designed to get lots of impressions but ultimately losing money, the charmed life of the app's creator Nick, and their own personal investment in Project.
04:34 - 09:43 (05:09)
Summary
The speaker discusses the failure of Superpoke, an app designed to get lots of impressions but ultimately losing money, the charmed life of the app's creator Nick, and their own personal investment in Project.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
This podcast episode talks about Jesse Owens, who won the long jump in the 100-meter dash during a time when Hitler believed the Aryan race was superior.
09:43 - 14:07 (04:24)
Summary
This podcast episode talks about Jesse Owens, who won the long jump in the 100-meter dash during a time when Hitler believed the Aryan race was superior. It also mentions how he participated in a competition for stateless people going through war.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
GoLink is a tool that simplifies hyperlinking, allowing users to set up an easily accessible human-readable link that can be anchored to any document.
14:07 - 21:41 (07:33)
Summary
GoLink is a tool that simplifies hyperlinking, allowing users to set up an easily accessible human-readable link that can be anchored to any document. This tool is useful for those who want quick and easy access to frequently visited documents without the hassle of long search processes.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The speaker expresses frustration with using long and confusing Google Docs links, and proposes the potential for a standalone tool to fix the issue, instead of adopting a potentially risky new system like Nira.
21:41 - 25:12 (03:30)
Summary
The speaker expresses frustration with using long and confusing Google Docs links, and proposes the potential for a standalone tool to fix the issue, instead of adopting a potentially risky new system like Nira.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The hosts discuss the importance of detailed product design and highlight the success of products like Airtable and Notion.
25:12 - 30:27 (05:14)
Summary
The hosts discuss the importance of detailed product design and highlight the success of products like Airtable and Notion.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The use of spectacle in charitable events is discussed, as the founder aims to make these events more stylish and engaging than the marketing of toothpaste.
30:27 - 33:23 (02:56)
Summary
The use of spectacle in charitable events is discussed, as the founder aims to make these events more stylish and engaging than the marketing of toothpaste. The founder emphasizes the importance of improving these events each year to keep attendees engaged and promote charity with style.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
A hospitality advisor shares his experience of how an increase in demand for luxurious amenities has led to the inclusion of high-quality mattresses in hotels and other accommodations.
33:24 - 35:24 (01:59)
Summary
A hospitality advisor shares his experience of how an increase in demand for luxurious amenities has led to the inclusion of high-quality mattresses in hotels and other accommodations.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The team discusses the concept of the 12 star experience and how it involves going above and beyond for the customer by offering extravagant perks, such as flying them to the location.
35:24 - 38:05 (02:41)
Summary
The team discusses the concept of the 12 star experience and how it involves going above and beyond for the customer by offering extravagant perks, such as flying them to the location.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The exercise of taking your team through a one to twelve-star experience to make your service memorable and personal can work in any business.
38:05 - 41:09 (03:03)
Summary
The exercise of taking your team through a one to twelve-star experience to make your service memorable and personal can work in any business. It's like a community and a course on starting a company rather than just a corporate tour bus.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The speaker shares the story of a guy who made 30 million dollars selling a two to three thousand dollar course on how to start a consulting business.
41:10 - 44:21 (03:11)
Summary
The speaker shares the story of a guy who made 30 million dollars selling a two to three thousand dollar course on how to start a consulting business. The same person also launched a new company called School which is an alternative to Facebook groups.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The speaker admires the business of collecting and selling executive data, despite being neither fun nor beneficial for the world.
44:21 - 48:36 (04:14)
Summary
The speaker admires the business of collecting and selling executive data, despite being neither fun nor beneficial for the world. These companies curate their data through manual monitoring and web scraping, then sell to interested parties for tens of thousands of dollars.
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
In this episode, the speaker talks about the fluctuations in income as an entrepreneur and how to manage money during those times.
48:36 - 55:08 (06:32)
Summary
In this episode, the speaker talks about the fluctuations in income as an entrepreneur and how to manage money during those times. He also discusses taking withdrawals from businesses and changing one's mindset regarding money as they become wealthier.