Episode

Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
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55:12
Published: Tue Feb 21 2023
Description

Episode 422: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about their Canadian MFM event and the success stories they met there, the answer to what is a tax haven, the story of Kim Dotcom, and more. Want to see more MFM? Subscribe to the MFM YouTube channel here. ----- Links: * Rootd App * Vessi * Nike * Kim Dotcom * Megaupload * Prime * Congo Brands * 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) - Recap of MFM Event (18:25) - Rootd (22:50) - Vessi (26:35) - Tax Havens (37:00) - Kim Dotcom (46:00) - Prime Energy Drink and Logan Paul Freakout ----- 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 speaker and another person had a moment of panic when they wondered if the audience was coming to see them, and discuss how a lack of crowd can affect their performance style.
00:00 - 02:27 (02:27)
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Performance
Summary

The speaker and another person had a moment of panic when they wondered if the audience was coming to see them, and discuss how a lack of crowd can affect their performance style.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
Entrepreneurs are looking for events that go beyond the usual startup grinds which is why moments of levity can be so valuable.
02:27 - 08:33 (06:06)
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Entrepreneurship
Summary

Entrepreneurs are looking for events that go beyond the usual startup grinds which is why moments of levity can be so valuable. StartUp Standup Comedy, a Vancouver-based event, turns the tables by giving startups the chance to pitch to comedians instead of the other way around.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The hosts discuss a lunch meeting with a successful businessman who made a big impression by ordering an extravagant meal and arriving late via helicopter.
08:33 - 10:56 (02:22)
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Business
Summary

The hosts discuss a lunch meeting with a successful businessman who made a big impression by ordering an extravagant meal and arriving late via helicopter.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The speaker suggests going on multiple dates in a short period of time.
10:56 - 14:03 (03:07)
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Dating
Summary

The speaker suggests going on multiple dates in a short period of time. He talks about his physical mannerisms that sometimes draw criticism from others.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The speaker highlights how their podcast celebrates people's journeys, regardless of where they are in life.
14:03 - 17:55 (03:51)
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Hustle Culture
Summary

The speaker highlights how their podcast celebrates people's journeys, regardless of where they are in life. They also emphasize that the podcast is filtered, and hustlers from all industries and backgrounds are celebrated.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
She dominated it her way when anybody else would have.
17:55 - 21:50 (03:54)
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Sports
The CEO of Hugging Face, a conversational AI company providing state-of-the-art algorithms for natural language understanding and generation, shares insights on their technology and growth plans for the future.
21:50 - 25:34 (03:44)
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Conversational AI
Summary

The CEO of Hugging Face, a conversational AI company providing state-of-the-art algorithms for natural language understanding and generation, shares insights on their technology and growth plans for the future.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
Giants companies like Nike resort to tax avoidance techniques by establishing headquarters on tax-friendly countries like the Netherlands, allowing them to pay minimal taxes on billions of dollars of revenue, partly because of certain rules that allow royalty income to be exempted from taxes.
25:34 - 29:02 (03:28)
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Tax Avoidance
Summary

Giants companies like Nike resort to tax avoidance techniques by establishing headquarters on tax-friendly countries like the Netherlands, allowing them to pay minimal taxes on billions of dollars of revenue, partly because of certain rules that allow royalty income to be exempted from taxes.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The language used in discussions on labor exploitation often involves words that are not inherently negative or harmful but are instead used to obfuscate or downplay the negative effects of labor exploitation, such as exploitation, efficiency or optimization.
29:02 - 33:38 (04:36)
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Labor Exploitation
Summary

The language used in discussions on labor exploitation often involves words that are not inherently negative or harmful but are instead used to obfuscate or downplay the negative effects of labor exploitation, such as exploitation, efficiency or optimization.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
Trump allowed companies with huge sums of money overseas to avoid high taxes by not taxing the money when it was brought back into America.
33:38 - 36:32 (02:53)
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Trump Administration
Summary

Trump allowed companies with huge sums of money overseas to avoid high taxes by not taxing the money when it was brought back into America. This incentivized companies to return their profits to the US.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
This podcast discusses the rise of Kim Dotcom, starting with his file-sharing website and expanding to his other software programs, along with details about his personal life and marriages.
36:32 - 39:11 (02:38)
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Kim Dotcom
Summary

This podcast discusses the rise of Kim Dotcom, starting with his file-sharing website and expanding to his other software programs, along with details about his personal life and marriages.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The founder of an internet-connected car company had high ideals but ultimately failed to succeed in the market.
39:11 - 42:13 (03:01)
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Internet-connected cars
Summary

The founder of an internet-connected car company had high ideals but ultimately failed to succeed in the market. Despite having the nicest cars, like Mercedes, AMGs and Bugattis, the founder was unable to turn his ideas into a successful venture.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
In this conversation, the speaker discusses his preference for a giant check if he ever won a prize or cash in small bills if involved in a ransom situation, and goes on to speculate about the hobby of a securities seller who may have been banned.
42:13 - 45:21 (03:07)
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Humor
Summary

In this conversation, the speaker discusses his preference for a giant check if he ever won a prize or cash in small bills if involved in a ransom situation, and goes on to speculate about the hobby of a securities seller who may have been banned.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The hosts talk about their level of expertise in business versus content creation and share a story about meeting someone involved in a successful business.
45:21 - 48:20 (02:58)
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Business, Content Creation, Stocks
Summary

The hosts talk about their level of expertise in business versus content creation and share a story about meeting someone involved in a successful business. They also mention asking Mr. Wonderful about stock options.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
Despite the criticism they receive, the Paul brothers have made some great moves that can be used as inspiration instead of being constantly disparaged and hated on.
48:20 - 50:59 (02:39)
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Inspiration
Summary

Despite the criticism they receive, the Paul brothers have made some great moves that can be used as inspiration instead of being constantly disparaged and hated on.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million
The transcript features a conversation about the usage of social media platforms for different purposes, its impact on the creator audience, and the evolving state of monetization in the creator economy.
50:59 - 52:17 (01:18)
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Social Media
Summary

The transcript features a conversation about the usage of social media platforms for different purposes, its impact on the creator audience, and the evolving state of monetization in the creator economy.

Episode
Kim Dotcom's Millions From Megaupload, Million $ Panic Attack App, and Million $ Waterproof Shoes
Podcast
My First Million