Episode
Billion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
1:30:13
Published: Tue Jul 12 2022
Description
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk to Co-Founder & CTO of HubSpot, Dharmesh Shah (@dharmesh), about why a bad economy is a good time to start a business, creating an alternative to Wordle, and the trillion dollar Venn diagram of success. Also, want $5,000? Check out the My First Million Clips contest. ----- Links: * HubSpot * Why to Start a Startup in a Bad Economy article * WordPlay * Maven writing course * Shaan tweet about starting the next Pixar * 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: (02:10) - Why renting is better than owning (25:20) - Framework for three types of employees (35:05) - Why Dharmesh built WordPlay (01:07:55) - Driving value through an intersection of skills (Trillion dollar Venn diagram) (01:12:10) - Why Shaan is starting the next Pixar ----- 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
The salaries of high level executives in the tech industry are rising to extreme heights, causing concern for some about the affordability of entry level salaries.
00:00 - 10:32 (10:32)
Summary
The salaries of high level executives in the tech industry are rising to extreme heights, causing concern for some about the affordability of entry level salaries. Crypto's volatility may also impact this trend, but renting remains a popular option even among multi-billion dollar company founders.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The hosts discuss their past experiences with obsessive passion and how it has helped them succeed in their careers.
10:32 - 23:17 (12:44)
Summary
The hosts discuss their past experiences with obsessive passion and how it has helped them succeed in their careers.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The founder of Hubspot talks about his past side projects, including creating a word game called Wordplay, which drove substantial traffic for Hubspot early on and he continues to create things even now.
23:17 - 38:49 (15:32)
Summary
The founder of Hubspot talks about his past side projects, including creating a word game called Wordplay, which drove substantial traffic for Hubspot early on and he continues to create things even now.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The new crypto game Wordle allows users to win small amounts of cryptocurrency and compete for jackpots, with only winners eligible to win.
38:49 - 51:39 (12:49)
Summary
The new crypto game Wordle allows users to win small amounts of cryptocurrency and compete for jackpots, with only winners eligible to win. The game has sparked interest in the crypto community and raised questions about its potential impact on the market.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The hosts discuss the possibility of changing their day-to-day actions if the markets are not doing well, and the size of their customer base.
51:39 - 1:02:29 (10:50)
Summary
The hosts discuss the possibility of changing their day-to-day actions if the markets are not doing well, and the size of their customer base. They also touch on the topic of their podcast's content and its effect on their lives.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The idea of everything coming from something that already existed may seem unoriginal, however, it's important to recognize that even the most groundbreaking ideas are often built on the foundation of others.
1:02:29 - 1:04:43 (02:13)
Summary
The idea of everything coming from something that already existed may seem unoriginal, however, it's important to recognize that even the most groundbreaking ideas are often built on the foundation of others.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The podcast discusses the nostalgic feeling towards movies and the delusion of believing that one can do out of the ordinary things if they just try, all while referencing the success of popular products.
1:04:43 - 1:09:34 (04:50)
Summary
The podcast discusses the nostalgic feeling towards movies and the delusion of believing that one can do out of the ordinary things if they just try, all while referencing the success of popular products.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
Dave Dworski, founder of Aqua Hire, discusses his aspirations to create a new age Pixar and compares the rarity of talent at Pixar to that of Steve Jobs, John Lasseter, and Ed Catmull.
1:09:34 - 1:12:07 (02:32)
Summary
Dave Dworski, founder of Aqua Hire, discusses his aspirations to create a new age Pixar and compares the rarity of talent at Pixar to that of Steve Jobs, John Lasseter, and Ed Catmull.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The speaker shares his principle of not waiting for others to reinforce his ideas and how most things are skills, not talents, which can be developed from scratch.
1:12:08 - 1:15:07 (02:59)
Summary
The speaker shares his principle of not waiting for others to reinforce his ideas and how most things are skills, not talents, which can be developed from scratch. He emphasizes the importance of recognizing the difference between skill and talent in pursuing entrepreneurship or any profession.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The value of a business or personal goal is not measured by short-term gains.
1:15:07 - 1:20:41 (05:34)
Summary
The value of a business or personal goal is not measured by short-term gains. It takes time, effort, and consistent progress to create substantial value and reach long-term goals.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
A consultant's group created a team-building exercise called The Marshmallow Challenge that aims to teach engineers and designers the value of prototyping and how they should avoid being perfectionists.
1:20:41 - 1:24:27 (03:46)
Summary
A consultant's group created a team-building exercise called The Marshmallow Challenge that aims to teach engineers and designers the value of prototyping and how they should avoid being perfectionists. The challenge involves building a structure using marshmallows, sticks, tape, and a string, and the objective is to win the challenge by having the tallest structure that can hold the marshmallow without it falling.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
The use of the word "sometime" can create ambiguity and missed opportunities, while also highlighting the importance of considering multiple dimensions of value in an acquisition beyond just the price tag.
1:24:27 - 1:27:51 (03:24)
Summary
The use of the word "sometime" can create ambiguity and missed opportunities, while also highlighting the importance of considering multiple dimensions of value in an acquisition beyond just the price tag.
EpisodeBillion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
PodcastMy First Million
Summary
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