Episode
Greatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
1:12:16
Published: Tue Feb 28 2023
Description
Episode 424: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about the greatest business of all time, what psy-ops can do, the work smarter not harder hack with Parallel Live Simulator, and much more. Want to see more MFM? Subscribe to the MFM YouTube channel here. ----- Links: * SEC Filing for LDS Church * Team Jorge Wiki * Parallel - Live Simulator * James Currier Twitter * NFX * 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: (00:35) - The greatest business ever (17:40) - Psy-ops as a service (35:45) - The work smarter not harder hack (39:50) - Shaan meeting with James Currier (50:50) - The four things you need to know for a great business partnership ----- 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 host shares his thoughts on what he believes to be the greatest business of all time and walks through the criteria for such a business.
00:00 - 00:54 (00:54)
Summary
The host shares his thoughts on what he believes to be the greatest business of all time and walks through the criteria for such a business.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The speaker describes a business that has no liabilities, billions of dollars in assets, and insane product market fit for any type of product including hair products.
00:54 - 02:51 (01:57)
Summary
The speaker describes a business that has no liabilities, billions of dollars in assets, and insane product market fit for any type of product including hair products. Additionally, the business has a high LTV despite only being around for 18 months.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
Marketing Against the Grain featured a controversial product that guarantees a good life today and happiness in the afterlife, with users who believe and use the product for their whole lives, along with a whistleblower conversation in 2019, making it a must-listen for those interested in cutting-edge marketing.
02:51 - 06:07 (03:15)
Summary
Marketing Against the Grain featured a controversial product that guarantees a good life today and happiness in the afterlife, with users who believe and use the product for their whole lives, along with a whistleblower conversation in 2019, making it a must-listen for those interested in cutting-edge marketing.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
A hedge fund owned by the church of Jesus Christ of Latter-day Saints has grown from 40 billion to over 100 billion dollars from 2012 to 2019, due to its association with the church and tax-exempt status.
06:07 - 10:38 (04:31)
Summary
A hedge fund owned by the church of Jesus Christ of Latter-day Saints has grown from 40 billion to over 100 billion dollars from 2012 to 2019, due to its association with the church and tax-exempt status. The church's investment portfolio includes stocks in companies like Caesar's Entertainment and Starbucks, but does not hold stocks in companies like Apple or Microsoft.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The episode explores the shadiness around the gurus and leaders of the Buddhist temples in Japan, which receive tons of donations and are often compared to the Vatican, despite their questionable practices.
10:38 - 13:36 (02:58)
Summary
The episode explores the shadiness around the gurus and leaders of the Buddhist temples in Japan, which receive tons of donations and are often compared to the Vatican, despite their questionable practices.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
Some disaffected members of the Mormon church leaked the salaries of the leaders of the church, revealing a $100 billion hedge fund.
13:36 - 19:23 (05:47)
Summary
Some disaffected members of the Mormon church leaked the salaries of the leaders of the church, revealing a $100 billion hedge fund. Despite controversy outside of the church, many members are not concerned and feel that the fund could actually benefit the church and expand its reach.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
An exploration of a media company's tactics for constructing a narrative to harm someone's reputation, including sending fake packages to expose infidelity and using pet videos to manipulate public opinion.
19:23 - 21:48 (02:24)
Summary
An exploration of a media company's tactics for constructing a narrative to harm someone's reputation, including sending fake packages to expose infidelity and using pet videos to manipulate public opinion.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
In this podcast episode, the discussion revolves around PsyOps and the implications of phone hacking, its impact on influencing people's beliefs, and how advertisers can leverage the concept to their advantage.
21:48 - 25:43 (03:54)
Summary
In this podcast episode, the discussion revolves around PsyOps and the implications of phone hacking, its impact on influencing people's beliefs, and how advertisers can leverage the concept to their advantage. The guest speaker also shares insights on why negative publicity may be seen as a positive for some companies.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
In this conversation, the speaker reflects on the lack of critical thinking in modern journalism, highlighting how easy it is to manipulate search engines and how journalists often do not read beyond titles.
25:43 - 31:26 (05:43)
Summary
In this conversation, the speaker reflects on the lack of critical thinking in modern journalism, highlighting how easy it is to manipulate search engines and how journalists often do not read beyond titles.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The given text is unintelligible and contains no cohesive information or context.
31:26 - 35:31 (04:05)
Summary
The given text is unintelligible and contains no cohesive information or context.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The best way to sell a product is to cater to what people already want to do.
35:31 - 38:29 (02:57)
Summary
The best way to sell a product is to cater to what people already want to do. From wearing costumes to productivity apps, it all comes down to meeting people where they're at.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The founder of a social network that grew to 300,000 users and introduced features that we take for granted today, now manages a billion-dollar empire.
38:29 - 41:36 (03:07)
Summary
The founder of a social network that grew to 300,000 users and introduced features that we take for granted today, now manages a billion-dollar empire.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The speaker describes meeting a quirky Silicon Valley investor who prioritizes network density in startups over mass appeal, and acknowledges that this investor may not hold as much influence as larger firms like Sequoia or Benchmark.
41:36 - 46:03 (04:26)
Summary
The speaker describes meeting a quirky Silicon Valley investor who prioritizes network density in startups over mass appeal, and acknowledges that this investor may not hold as much influence as larger firms like Sequoia or Benchmark.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The speaker discusses how some podcasts focus on the entrepreneurial market and how they help small business owners and aspiring entrepreneurs through keeping it real and providing advice.
46:03 - 48:51 (02:48)
Summary
The speaker discusses how some podcasts focus on the entrepreneurial market and how they help small business owners and aspiring entrepreneurs through keeping it real and providing advice.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The speaker shares a lesson they learned from Stan about resolving deadlocks and doing what is actually right.
48:51 - 53:42 (04:50)
Summary
The speaker shares a lesson they learned from Stan about resolving deadlocks and doing what is actually right.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
In this podcast, the host expresses a desire to have a conversation with an OG Silicon Valley founder who was around during the early days of big tech companies such as Twitter, Facebook, and Google.
53:42 - 59:42 (06:00)
Summary
In this podcast, the host expresses a desire to have a conversation with an OG Silicon Valley founder who was around during the early days of big tech companies such as Twitter, Facebook, and Google.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The speaker creates a hypothetical story of a meet cute scenario in the cafeteria of Sequoia or Benchmark, two companies at the center of Silicon Valley.
59:42 - 1:03:24 (03:42)
Summary
The speaker creates a hypothetical story of a meet cute scenario in the cafeteria of Sequoia or Benchmark, two companies at the center of Silicon Valley.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The advantage of being in the center of Silicon Valley's network is incredible, as seen through the difference in outcomes for a founder who utilized the network compared to one who did not.
1:03:24 - 1:06:20 (02:56)
Summary
The advantage of being in the center of Silicon Valley's network is incredible, as seen through the difference in outcomes for a founder who utilized the network compared to one who did not. Startups that use Silicon Valley's established network have a better chance of high expected value and success compared to those who try to create their own network elsewhere.
EpisodeGreatest Business Of All Time, Psy-Ops As A Service, Work Harder Not Smarter Hack
PodcastMy First Million
The closer you are to the people you admire, the better.
1:06:20 - 1:08:56 (02:35)
Summary
The closer you are to the people you admire, the better. This extends to the online world as well, as knowing what someone is interested in can lead to opportunities.