Episode

Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
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1:11:08
Published: Thu Dec 01 2022
Description

Episode 391: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about their new favorite AI tool, how to make money from arbitrage, goal setting for 2023, and more. ----- Links: * Character.AI * Adept * State of AI Report * Vintage Wall Graphics - Etsy * Pipe * 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: (03:15) - State of AI (20:00) - Sam & Shaan's 2023 goals (46:55) - Arbitrage (01:03:11) - Clapping back on Twitter ----- 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 speakers express their dislike for turkey and recall a time when a friend, Ethan, brought a turkey over.
00:00 - 03:08 (03:08)
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Food
Summary

The speakers express their dislike for turkey and recall a time when a friend, Ethan, brought a turkey over.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
A Chad-looking guy argues that marriage was created to ensure family property remains within the family, while the other person disagrees stating that marriage is essential for peace, happiness, relationships, love and many other things that make life worth living.
03:08 - 07:14 (04:06)
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Marriage
Summary

A Chad-looking guy argues that marriage was created to ensure family property remains within the family, while the other person disagrees stating that marriage is essential for peace, happiness, relationships, love and many other things that make life worth living.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
This podcast discusses the benefits of automating business processes, specifically the tracking of customers and monthly updates, as well as hitting team targets.
07:14 - 09:47 (02:33)
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Business Process Automation
Summary

This podcast discusses the benefits of automating business processes, specifically the tracking of customers and monthly updates, as well as hitting team targets. It also touches on the societal perception of male confidence.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The podcast host discusses his experience of coming across a company that is teaching AI to use internet browsers and the difficulty he faces in comprehending their work.
09:46 - 13:11 (03:25)
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AI, Internet Browsers
Summary

The podcast host discusses his experience of coming across a company that is teaching AI to use internet browsers and the difficulty he faces in comprehending their work.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker discusses the potential to make millions by implementing the strategies used in the milk industry in other spaces.
13:11 - 17:02 (03:50)
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Milk Industry
Summary

The speaker discusses the potential to make millions by implementing the strategies used in the milk industry in other spaces. While acknowledging the appeal of joining early, the speaker is hesitant to invest their own resources in the endeavor.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker discusses how learning from viral TikTok videos has helped them improve their transcription tool, and touches on the importance of fact-checking.
17:02 - 20:11 (03:08)
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Technology
Summary

The speaker discusses how learning from viral TikTok videos has helped them improve their transcription tool, and touches on the importance of fact-checking. An advertisement break interrupts the conversation.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker discusses how he finds couples therapy helpful in accepting his physical appearance to his wife, who sees physical attraction akin to fitness.
20:11 - 22:02 (01:51)
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Relationships
Summary

The speaker discusses how he finds couples therapy helpful in accepting his physical appearance to his wife, who sees physical attraction akin to fitness.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
In this podcast episode, the speaker talks about how her truest gauge is her own self-esteem, and how personal goals can help her have more fun and be less uptight.
22:02 - 25:45 (03:42)
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Self-esteem
Summary

In this podcast episode, the speaker talks about how her truest gauge is her own self-esteem, and how personal goals can help her have more fun and be less uptight. She mentions wanting to take a driving car class as a goal for the year.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker proposes a group challenge for the new year, which involves joining a group chat for 10-21 days to level up for a small fee.
25:45 - 29:25 (03:40)
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Personal development
Summary

The speaker proposes a group challenge for the new year, which involves joining a group chat for 10-21 days to level up for a small fee.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
Host and guest discuss the importance of creative thinking in building a brand, including the tactic of planning for success before even starting the race.
29:25 - 34:11 (04:45)
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Branding
Summary

Host and guest discuss the importance of creative thinking in building a brand, including the tactic of planning for success before even starting the race.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker shares how to differentiate between fear and self-judgment when making decisions, and how being slow to make money helps assess long-term commitments, gleaned from their personal experience of being a poker player.
34:11 - 39:13 (05:02)
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Decision-Making
Summary

The speaker shares how to differentiate between fear and self-judgment when making decisions, and how being slow to make money helps assess long-term commitments, gleaned from their personal experience of being a poker player.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker discusses the difference between simple savings and investing and how the wealthy manage and invest their money for better returns over time.
39:13 - 44:04 (04:51)
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Managing Money
Summary

The speaker discusses the difference between simple savings and investing and how the wealthy manage and invest their money for better returns over time.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
Jason Calacanis talks about his belief in his own abilities to perform financially better than the average 7.5% return of a startup portfolio and why he prefers to invest in startups.
44:04 - 49:53 (05:48)
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Startup Portfolio
Summary

Jason Calacanis talks about his belief in his own abilities to perform financially better than the average 7.5% return of a startup portfolio and why he prefers to invest in startups.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
This episode discusses the story of an individual who sets up an operation to buy as much as he can in the IPO and immediately flip it afterwards - holding 50 liters as opposed to 48 liters due to his resourcefulness, buying 10 to 20 versions of anything he wants to buy, from smaller items like razors to carry-on luggage, suitcases, chocolate and keto products.
49:53 - 54:36 (04:43)
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Business
Summary

This episode discusses the story of an individual who sets up an operation to buy as much as he can in the IPO and immediately flip it afterwards - holding 50 liters as opposed to 48 liters due to his resourcefulness, buying 10 to 20 versions of anything he wants to buy, from smaller items like razors to carry-on luggage, suitcases, chocolate and keto products.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The speaker mentions a Zapier integration used by a company for placing orders, and also talks about a company that sells Mona Lisa photo prints which seems to be the number one search result for it.
54:36 - 58:06 (03:29)
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E-commerce
Summary

The speaker mentions a Zapier integration used by a company for placing orders, and also talks about a company that sells Mona Lisa photo prints which seems to be the number one search result for it.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
Pipe was a startup that allowed companies to turn their recurring revenue into upfront cash.
58:06 - 1:06:38 (08:32)
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Startup
Summary

Pipe was a startup that allowed companies to turn their recurring revenue into upfront cash. Despite its initial success, the company faced controversy and scrutiny before its eventual collapse.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million
The host and guest discuss if there is a point where mocking or making fun of public figures becomes inappropriate, especially when they are clearly struggling with personal issues.
1:06:38 - 1:10:00 (03:21)
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Public figures
Summary

The host and guest discuss if there is a point where mocking or making fun of public figures becomes inappropriate, especially when they are clearly struggling with personal issues.

Episode
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Podcast
My First Million