Episode
#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
1:07:38
Published: Tue Apr 28 2020
Description
Sam (@thesamparr) and Shaan (@shaanvp) discuss today Kanye West's billion-dollar shoe empire (3:59), /r/FatFIRE: Retire living a lavish life (10:36), Ways to generate passive income in 48 hours (23:03), Best interview questions they've been asked (33:01), Stupid D2C gimmicks making millions a week (39:37), Engaging with haters/trolls - someone owes their friend $2m (47:17) and Xprize.org but for enterprise (57:58) See acast.com/privacy for privacy and opt-out information.
Chapters
Companies are turning to HubSpot CRM for a one-stop-shop with all the necessary tools to help them grow their business.
00:00 - 01:08 (01:08)
Summary
Companies are turning to HubSpot CRM for a one-stop-shop with all the necessary tools to help them grow their business. Jordan Harbinger shares his expertise on podcasting, which he has been doing for over 13 years.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
Tony Hawk talks to Tim Ferriss about being recognized in a remote village in Ethiopia, and appreciates Tim's deep dive into thought-provoking questions.
01:08 - 04:12 (03:03)
Summary
Tony Hawk talks to Tim Ferriss about being recognized in a remote village in Ethiopia, and appreciates Tim's deep dive into thought-provoking questions.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
Michael Jordan's net worth is estimated to be around $1 billion, which is significantly lower than what was previously speculated.
04:12 - 12:56 (08:44)
Summary
Michael Jordan's net worth is estimated to be around $1 billion, which is significantly lower than what was previously speculated. The majority of his net worth comes from his assets in cash, stocks, buildings, and land.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The 4% rule suggests that if you have 25 years worth of expenses, you're able to withdraw money for living every year without depleting your assets.
12:56 - 15:59 (03:02)
Summary
The 4% rule suggests that if you have 25 years worth of expenses, you're able to withdraw money for living every year without depleting your assets. This concept is often utilized by individuals who have built up their net worth over decades of hard work.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
Creating a passive income stream takes a considerable amount of time and effort.
15:59 - 23:45 (07:46)
Summary
Creating a passive income stream takes a considerable amount of time and effort. It's much more interesting and fulfilling than scrolling through meaningless social media updates.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
An interview question that asks how to get rich quick on the internet has been criticized as irrelevant for a product manager’s role.
23:45 - 27:02 (03:17)
Summary
An interview question that asks how to get rich quick on the internet has been criticized as irrelevant for a product manager’s role. However, the question aims to identify candidates who understand internet distribution and monetization, according to Brian Norgard, Chief Product Officer of Tinder.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The podcast discusses two methods to make quick money online which include copycatting ads/products and offering freelance services with a money-back guarantee.
27:02 - 30:21 (03:18)
Summary
The podcast discusses two methods to make quick money online which include copycatting ads/products and offering freelance services with a money-back guarantee.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The speaker shares two of their quick and easy money-making ideas, one involving fundraising for a good cause and the other involving selling domain names and offering website services.
30:21 - 33:27 (03:06)
Summary
The speaker shares two of their quick and easy money-making ideas, one involving fundraising for a good cause and the other involving selling domain names and offering website services.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
A marketing philosophy that starts with the audience is explained, including the tactics used during job interviews to gauge the interviewee's fit within the philosophy.
33:27 - 38:51 (05:23)
Summary
A marketing philosophy that starts with the audience is explained, including the tactics used during job interviews to gauge the interviewee's fit within the philosophy.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The speaker shares a persuasion technique that was originally meant for picking up girls, but can also be applied in sales.
38:51 - 40:49 (01:57)
Summary
The speaker shares a persuasion technique that was originally meant for picking up girls, but can also be applied in sales. The technique was effective and helped the speaker to sell products.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
Two individuals discuss the marketing strategy of a company selling a horse bit and evaluate whether the level of marketing spend indicates legitimacy.
40:49 - 45:17 (04:27)
Summary
Two individuals discuss the marketing strategy of a company selling a horse bit and evaluate whether the level of marketing spend indicates legitimacy.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
A discussion on teeth whitening gadgets which include a jaw device and a UV mouthpiece that could make your teeth whiter in a short amount of time.
45:17 - 47:17 (02:00)
Summary
A discussion on teeth whitening gadgets which include a jaw device and a UV mouthpiece that could make your teeth whiter in a short amount of time.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The speaker shares personal anecdotes of dealing with passionate fans and hostile audiences, particularly in the context of collecting outstanding debts from customers.
47:17 - 50:56 (03:39)
Summary
The speaker shares personal anecdotes of dealing with passionate fans and hostile audiences, particularly in the context of collecting outstanding debts from customers.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The speaker discusses the challenge of controlling one's temper in situations where one might feel threatened or wronged, and reflects on the importance of staying level-headed and avoiding confrontation.
50:56 - 53:58 (03:01)
Summary
The speaker discusses the challenge of controlling one's temper in situations where one might feel threatened or wronged, and reflects on the importance of staying level-headed and avoiding confrontation.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The speaker emphasizes the significance of meeting people in-person rather than relying solely on digital communication, citing therapy and coaching as examples.
53:58 - 56:26 (02:27)
Summary
The speaker emphasizes the significance of meeting people in-person rather than relying solely on digital communication, citing therapy and coaching as examples.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The speaker emphasizes the importance of keeping promises and shares his thoughts on how he deals with people who violate them.
56:26 - 59:49 (03:23)
Summary
The speaker emphasizes the importance of keeping promises and shares his thoughts on how he deals with people who violate them.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The X prize offered a 30 million dollar reward to the first team that could build a rocket satisfying certain requirements, unlike a startup that needs to rely on various rounds of funding.
59:49 - 1:03:37 (03:47)
Summary
The X prize offered a 30 million dollar reward to the first team that could build a rocket satisfying certain requirements, unlike a startup that needs to rely on various rounds of funding. The speaker uses the example of how Twitch offered $10 million for a live streaming app to explain the difference.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
Elon Musk proposes high-speed transport and encourages companies to tap into the wisdom of the crowds instead of getting stuck in bureaucracy.
1:03:37 - 1:06:56 (03:19)
Summary
Elon Musk proposes high-speed transport and encourages companies to tap into the wisdom of the crowds instead of getting stuck in bureaucracy.
Episode#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M
PodcastMy First Million
The founder of 1-800-Flowers contacted a podcast host via email asking a seemingly obvious question.
1:06:56 - 1:07:47 (00:51)
Summary
The founder of 1-800-Flowers contacted a podcast host via email asking a seemingly obvious question. The host responded with a quick, somewhat rude email before realizing who the sender was and inviting him onto the podcast.