Episode
MFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
50:51
Published: Tue Jan 10 2023
Description
Episode 405: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about what happens when Shaan leaves the house and meets up with other founders, the power of storytelling, the things you learn when you sell a company and how to hire a researcher. Want to see more MFM? Subscribe to the MFM YouTube channel here. ----- Links: * Alpha Paw * Genius Litter * 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: (04:20) - Shaan leaves the house and meets cool people (13:15) - When Ramon pretended to be an electrician (18:30) - Power of storytelling (21:25) - Age and perception (28:25) - Frame break (30:10) - Things you learn when you sell a company (46:05) - How to hire a researcher ----- 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 discusses the benefits of yearly founders' getaways, where like-minded individuals can come together and think about life in a different way.
00:00 - 03:13 (03:13)
Summary
The speaker discusses the benefits of yearly founders' getaways, where like-minded individuals can come together and think about life in a different way. They give an example of a successful property set in Scottsdale, Arizona where they have their yearly retreat, and also mention going for an over-the-top destination experience like a party-type house.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
Facebook pretended to purchase a company for $100 million to obtain the design files, CAD files, and specifications of their gel pellet gun product.
03:13 - 08:27 (05:14)
Summary
Facebook pretended to purchase a company for $100 million to obtain the design files, CAD files, and specifications of their gel pellet gun product. However, the founder quickly realized their intentions and declined the offer.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The speaker discusses a conversation they had with someone where the other person mentioned building rapport for two years, but the speaker cannot remember the specific interaction that would have led to that rapport being built.
08:27 - 11:15 (02:48)
Summary
The speaker discusses a conversation they had with someone where the other person mentioned building rapport for two years, but the speaker cannot remember the specific interaction that would have led to that rapport being built.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
Ex-intelligence agents like CIA, NSA, and SEALs form a community and start businesses, often with the security of a pension and some financial stability, leading to unique social gatherings and ice breakers.
11:15 - 13:37 (02:21)
Summary
Ex-intelligence agents like CIA, NSA, and SEALs form a community and start businesses, often with the security of a pension and some financial stability, leading to unique social gatherings and ice breakers.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
Ramon has an exceptional storytelling ability with a plethora of unexplored tales to tell even after knowing him for over a decade, as evidenced by his experience in starting a painting business after being inspired by a Home Depot store visit.
13:37 - 17:13 (03:35)
Summary
Ramon has an exceptional storytelling ability with a plethora of unexplored tales to tell even after knowing him for over a decade, as evidenced by his experience in starting a painting business after being inspired by a Home Depot store visit.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The podcast features a guest who runs Alpha Paw, a company that specializes in selling dog products.
17:13 - 20:55 (03:42)
Summary
The podcast features a guest who runs Alpha Paw, a company that specializes in selling dog products. The conversation also covers how hearing entrepreneurial stories can inspire growth hacks and provide helpful insights to listeners.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The speaker discusses an interaction where they observed a younger generation's interest in learning and compares it to the older generation's attitude.
20:55 - 24:04 (03:08)
Summary
The speaker discusses an interaction where they observed a younger generation's interest in learning and compares it to the older generation's attitude. They also mention a story about a young bull and an old bull to illustrate the difference in perspectives.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The speaker seems to be rambling and expressing confusion about different things including high blood pressure and not feeling like they need to know certain information.
24:04 - 27:33 (03:29)
Summary
The speaker seems to be rambling and expressing confusion about different things including high blood pressure and not feeling like they need to know certain information.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The experience of networking with like-minded individuals, who have a different approach to life, can be eye-opening, making it a great idea to build and exit businesses every now and then to expand your horizons.
27:33 - 33:45 (06:11)
Summary
The experience of networking with like-minded individuals, who have a different approach to life, can be eye-opening, making it a great idea to build and exit businesses every now and then to expand your horizons. And sometimes surrounding yourself with good operators can also make you a better operator in return.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The best ideas often don't look like the best upfront and sometimes they even sound like bad ideas but may actually be good ones.
33:45 - 38:10 (04:25)
Summary
The best ideas often don't look like the best upfront and sometimes they even sound like bad ideas but may actually be good ones. This can lead to others thinking that the idea is stupid and not worth pursuing.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The speaker discusses the importance of planning and breaking down tasks into manageable steps when growing a new business, in the context of newsletters and similar entrepreneurial endeavors.
38:10 - 41:19 (03:08)
Summary
The speaker discusses the importance of planning and breaking down tasks into manageable steps when growing a new business, in the context of newsletters and similar entrepreneurial endeavors.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
A discussion on the difference between a man and a boy, and how emotional control plays into masculinity.
41:19 - 45:22 (04:02)
Summary
A discussion on the difference between a man and a boy, and how emotional control plays into masculinity.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
The speaker shares a successful tactic he has used in the business world amidst tough times, which involves giving employees different assignments and tasks to work on, instead of immediately cutting staff or implementing drastic measures.
45:22 - 49:14 (03:52)
Summary
The speaker shares a successful tactic he has used in the business world amidst tough times, which involves giving employees different assignments and tasks to work on, instead of immediately cutting staff or implementing drastic measures.
EpisodeMFM Mini-Camp, Lessons from Selling a Company, and Storytelling Wins
PodcastMy First Million
A man recalls a memory from seventh grade about a technique to make your voice sound better on audio tracks and a humorous comment from a TV show character.
49:14 - 50:41 (01:27)
Summary
A man recalls a memory from seventh grade about a technique to make your voice sound better on audio tracks and a humorous comment from a TV show character.