Episode

Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
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1:02:52
Published: Tue Dec 13 2022
Description

Episode 395: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about Shaan's interview with entrepreneur, investor, author, podcaster, and lifestyle guru, Tim Ferriss (@tferriss). They review his money and life advice, as well as his new NFT project. Plus, real estate insights and one business idea... plugins and SaaS tools for Only Fans. ----- Links: * Homestead Heritage * Tim Ferriss * Milk Road / Tim Ferriss interview * Cockpunch * Bhad Bhabie * 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: (05:05) - Isaac French (09:50) - What Shaan learned from Tim Ferriss (17:35) - Tim Ferriss money advice (37:05) - Real estate insights (51:05) - Only Fans ----- 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 incorporates the phrase 'nighttime sister playtime' into her work conversations and finds it hilarious when colleagues ask about it.
00:00 - 02:39 (02:39)
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Sister
Summary

The speaker incorporates the phrase 'nighttime sister playtime' into her work conversations and finds it hilarious when colleagues ask about it.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The speaker shares their opinion on different life optimization tactics and how they believe in balancing them for an overall improved lifestyle.
02:39 - 05:36 (02:57)
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Life Optimization
Summary

The speaker shares their opinion on different life optimization tactics and how they believe in balancing them for an overall improved lifestyle.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
A religious community in Texas, who believe it's their duty to create high quality craftsmanship and farm sustainably, own a 500-acre piece of land near Waco where they make their own food and share it with one another.
05:36 - 08:56 (03:19)
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Religious community
Summary

A religious community in Texas, who believe it's their duty to create high quality craftsmanship and farm sustainably, own a 500-acre piece of land near Waco where they make their own food and share it with one another. The leader of the community also turned a 5-acre plot of land into an Airbnb which makes millions of dollars in sales.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The speaker discusses the process of community gardens in Brooklyn and notes the prevalence of Yiddish language and culture in certain neighborhoods.
08:56 - 12:34 (03:38)
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Brooklyn, Community Gardens, Yiddish language
Summary

The speaker discusses the process of community gardens in Brooklyn and notes the prevalence of Yiddish language and culture in certain neighborhoods.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
Walking through the Farmers Market, the speaker shares thoughts on different people, including Conor McGregor and Tim Ferriss, and how meeting them in person gives a different perception compared to the rumors and allegations about them.
12:34 - 16:33 (03:59)
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Perception
Summary

Walking through the Farmers Market, the speaker shares thoughts on different people, including Conor McGregor and Tim Ferriss, and how meeting them in person gives a different perception compared to the rumors and allegations about them.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
In this podcast, the speaker shares his experience of making financial mistakes and how he learned the best time for selling investments.
16:33 - 21:40 (05:06)
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Finance
Summary

In this podcast, the speaker shares his experience of making financial mistakes and how he learned the best time for selling investments.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
An NFT is being sold as a piece of art and a ticket to watch an artist build out a world.
21:41 - 24:26 (02:45)
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NFT
Summary

An NFT is being sold as a piece of art and a ticket to watch an artist build out a world. The creator sees it as an interesting experiment and encourages people to buy in as it is risk-free.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
In order to have a successful project, it is important to establish strong pillars or tenants.
24:26 - 26:58 (02:32)
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Success
Summary

In order to have a successful project, it is important to establish strong pillars or tenants. This includes understanding what skills, knowledge, and networks are needed for success, allowing less emphasis on the popularity of financial income.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
Joseph Goldstein talks about how powerful, traditionally rich and famous people reach out to him and gain insights from Buddhist practices to show them the way.
26:58 - 31:41 (04:42)
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Buddhism
Summary

Joseph Goldstein talks about how powerful, traditionally rich and famous people reach out to him and gain insights from Buddhist practices to show them the way. He also mentions donating the proceeds of his work to research on psychedelics to treat PTSD.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The speaker discusses the challenge of giving testimonials and the importance of being honest and specific, citing an example of someone who refused to endorse a product.
31:41 - 35:16 (03:34)
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Testimonials
Summary

The speaker discusses the challenge of giving testimonials and the importance of being honest and specific, citing an example of someone who refused to endorse a product.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The speaker talks about a conversation where someone explained the unique material of their dog leash or collar, while they reflect on how the tech world has shifted everything online in the past 7 years.
35:16 - 38:13 (02:56)
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Technology
Summary

The speaker talks about a conversation where someone explained the unique material of their dog leash or collar, while they reflect on how the tech world has shifted everything online in the past 7 years.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The owners of small shopping centers often rely on their stores as a part of their lifestyle and enjoy going to stores and hanging out.
38:13 - 44:32 (06:19)
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Small Businesses
Summary

The owners of small shopping centers often rely on their stores as a part of their lifestyle and enjoy going to stores and hanging out. This is different from larger stores like Burlington Co. Factory where shoppers may just make purchases and leave.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The podcast features a conversation about real estate investing and generation standards, specifically in relation to how long people devote their time to a particular career.
44:32 - 48:35 (04:03)
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Real Estate Investing
Summary

The podcast features a conversation about real estate investing and generation standards, specifically in relation to how long people devote their time to a particular career.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The owner of a successful business reveals his unconventional method of making calls and faxing orders while spending his winters in Florida.
48:35 - 50:18 (01:42)
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Fax Machine
Summary

The owner of a successful business reveals his unconventional method of making calls and faxing orders while spending his winters in Florida.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
"Bad Barbie," also known as Bhad Bhabie, is receiving criticism for her change in appearance, with some calling it modern-day blackface.
50:18 - 51:55 (01:37)
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Bhad Bhabie
Summary

"Bad Barbie," also known as Bhad Bhabie, is receiving criticism for her change in appearance, with some calling it modern-day blackface.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
SaaS tools are available for creators to send direct messages to their followers on OnlyFans, prompting them to purchase specific content.
51:55 - 55:26 (03:31)
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OnlyFans
Summary

SaaS tools are available for creators to send direct messages to their followers on OnlyFans, prompting them to purchase specific content. These tools can help ensure a loyal following and consistent income.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The success of OnlyFans has brought attention to the growing trend of people creating and promoting their own adult content.
55:26 - 58:58 (03:32)
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OnlyFans
Summary

The success of OnlyFans has brought attention to the growing trend of people creating and promoting their own adult content. This marks a shift in the porn industry and how content is created and consumed.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
A conversation about potential investments in digital platforms Twitch and OnlyFans, with discussion of their current popularity and potential for growth.
58:58 - 1:01:44 (02:45)
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Digital Investments
Summary

A conversation about potential investments in digital platforms Twitch and OnlyFans, with discussion of their current popularity and potential for growth.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million
The WeCommerce business is currently undervalued but has a good business model.
1:01:44 - 1:02:22 (00:38)
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Investment
Summary

The WeCommerce business is currently undervalued but has a good business model. OnlyFans, although controversial, could also be a potential investment opportunity.

Episode
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Podcast
My First Million