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Episode

Big Fish In A Small Pond, LIV Golf, And Financial Freedom
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1:07:14
Published: Tue Aug 16 2022
Description

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about the value of being a big fish in a small pond, Saudi Arabia's version of the PGA that's luring players away, what financial freedom actually means, and Camp MFM. ----- Links: * LIV Golf * Pedal Tavern * The Peak * 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: (02:05) - Hitler on drugs (07:40) - FL math teacher creates winning team (14:25) - Big fish in a small pond (19:40) - Interesting companies (23:05) - LIV golf (31:15) - What's the price to make it big / Twitch story (44:40) - Altruistic jobs (53:15) - What is financial freedom ----- 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
In this podcast, the hosts discuss the idea of finding fulfillment by being the best in a smaller pond rather than striving to be just another big fish in a larger pond.
00:00 - 00:55 (00:55)
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Fulfillment
Summary

In this podcast, the hosts discuss the idea of finding fulfillment by being the best in a smaller pond rather than striving to be just another big fish in a larger pond.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
This is a transcript of a podcast with a group of people discussing a range of topics including family dynamics, food origins, and pronunciation of words.
00:55 - 05:28 (04:33)
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random
Summary

This is a transcript of a podcast with a group of people discussing a range of topics including family dynamics, food origins, and pronunciation of words.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The transcript discusses how a book highlights the addiction of morphine among around 60% of German doctors during World War Two.
05:28 - 07:53 (02:24)
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WWII
Summary

The transcript discusses how a book highlights the addiction of morphine among around 60% of German doctors during World War Two.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The speakers discuss their admiration for individuals who take seemingly small opportunities seriously and their experiences in highly competitive environments.
07:53 - 10:27 (02:34)
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Opportunities, Competition
Summary

The speakers discuss their admiration for individuals who take seemingly small opportunities seriously and their experiences in highly competitive environments.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
A program is developed where older students teach younger students in the same class, creating a blended of age system and providing a high-intensity learning experience.
10:27 - 13:33 (03:05)
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Education
Summary

A program is developed where older students teach younger students in the same class, creating a blended of age system and providing a high-intensity learning experience.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
A small and quiet individual makes a significant impact during a math contest, proving to others that being underestimated can be a major advantage.
13:33 - 17:31 (03:58)
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Underdog
Summary

A small and quiet individual makes a significant impact during a math contest, proving to others that being underestimated can be a major advantage.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The guest speaker discusses the success of pedal tavern businesses in cities like Denver, Austin, and Nashville and explains how his own community-building business model works.
17:31 - 21:08 (03:36)
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Business
Summary

The guest speaker discusses the success of pedal tavern businesses in cities like Denver, Austin, and Nashville and explains how his own community-building business model works.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The transcript discusses the difference in the number of events and earnings between NFL and PGA, highlighting Tiger Woods' total winnings of $121 million from the PGA over time.
21:08 - 24:10 (03:01)
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NFL, PGA, earnings
Summary

The transcript discusses the difference in the number of events and earnings between NFL and PGA, highlighting Tiger Woods' total winnings of $121 million from the PGA over time.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The UFC, compared to major league sports such as the NBA and NFL, is considered a fringe sport league, which poses an economic challenge for generating revenue in comparison to these major leagues.
24:10 - 26:43 (02:33)
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UFC
Summary

The UFC, compared to major league sports such as the NBA and NFL, is considered a fringe sport league, which poses an economic challenge for generating revenue in comparison to these major leagues.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
A casual conversation covering topics such as smartphones, sports, and billionaires' behavior in public places.
26:43 - 29:21 (02:38)
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Miscellaneous
Summary

A casual conversation covering topics such as smartphones, sports, and billionaires' behavior in public places.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The top one percent of creators on platforms like Twitch can make up a significant portion of viewership, which translates to a significant amount of value.
29:21 - 32:52 (03:30)
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Twitch
Summary

The top one percent of creators on platforms like Twitch can make up a significant portion of viewership, which translates to a significant amount of value. For example, 25 percent of traffic could be worth a quarter of what the top creators are worth, which translates to billions of dollars.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The concept of brand authenticity and loyalty is often overlooked when it comes to creating effective advertising.
32:52 - 35:55 (03:03)
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Advertising
Summary

The concept of brand authenticity and loyalty is often overlooked when it comes to creating effective advertising. Instead, companies often resort to using gimmicks like funny songs or a blonde hair kid in their ads.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
This episode features a behind-the-scenes story of Facebook's early days, including how the company formed a syndicate and the quiet confidence of Mark Zuckerberg.
35:55 - 40:19 (04:24)
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Facebook
Summary

This episode features a behind-the-scenes story of Facebook's early days, including how the company formed a syndicate and the quiet confidence of Mark Zuckerberg.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The speaker discusses the benefits of using off-cycle payments and contracts in business for a competitive edge against marketplaces, and shares the challenge of synchronizing the yellow line with the action on Monday Night Football.
40:19 - 44:12 (03:52)
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Business
Summary

The speaker discusses the benefits of using off-cycle payments and contracts in business for a competitive edge against marketplaces, and shares the challenge of synchronizing the yellow line with the action on Monday Night Football.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The discussion centers around the obsession of tech companies with metrics and numbers, such as increasing chat engagement by 0.2 percent or determining if adding a specific emoji increases return rates by 34 percent.
44:12 - 47:13 (03:00)
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Technology
Summary

The discussion centers around the obsession of tech companies with metrics and numbers, such as increasing chat engagement by 0.2 percent or determining if adding a specific emoji increases return rates by 34 percent.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The impact of working at a big tech company like Apple is reaching a billion people daily, making their life one percent better; contrasted with working at a startup where one could be a brilliant data scientist whose job is A-B testing the thumbnails of a new Garfield movie, and lower churn for Netflix and YouTube.
47:13 - 51:13 (04:00)
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Big Tech
Summary

The impact of working at a big tech company like Apple is reaching a billion people daily, making their life one percent better; contrasted with working at a startup where one could be a brilliant data scientist whose job is A-B testing the thumbnails of a new Garfield movie, and lower churn for Netflix and YouTube.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The podcast discusses the concept of lifestyle inflation, where people adjust their spending as their income increases, often resulting in a never-ending need for more money.
51:14 - 54:59 (03:44)
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Finance
Summary

The podcast discusses the concept of lifestyle inflation, where people adjust their spending as their income increases, often resulting in a never-ending need for more money.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
In this transcript snippet, the speaker shares their thoughts about saying "yes" when they feel obligated to, even when they don't necessarily want to.
55:00 - 59:16 (04:15)
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Saying Yes
Summary

In this transcript snippet, the speaker shares their thoughts about saying "yes" when they feel obligated to, even when they don't necessarily want to.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The speaker recalls past experiences where they were too cold or too honest, and how they had to find a balance in communicating effectively in professional settings.
59:17 - 1:01:31 (02:13)
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Communication
Summary

The speaker recalls past experiences where they were too cold or too honest, and how they had to find a balance in communicating effectively in professional settings.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million
The speaker talks about receiving Nike sneakers from a basketball event and the desire to attend events with custom swag, but is unsure of how they want the swag to be.
1:01:31 - 1:03:45 (02:14)
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Nike
Summary

The speaker talks about receiving Nike sneakers from a basketball event and the desire to attend events with custom swag, but is unsure of how they want the swag to be.

Episode
Big Fish In A Small Pond, LIV Golf, And Financial Freedom
Podcast
My First Million