Episode
My First Million's Origin Story, How to Find Winners, and More
1:01:48
Published: Tue Apr 26 2022
Description
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about the roadmap for new start-ups, how the podcast came to be and much, much more. ----- Links: * CyberLeads * @alexwestco * Indie Hackers * DeadEyes podcast * Losers Exist, Don't Hire Them - blog post * 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: (01:50) - Cyberleads.com (11:50) - Question: What would you do if you found a brick of cocaine? (20:35) - DeadEyes podcast (44:30) - How My First Million podcast came to be (51:50) - Winners exist, here's how to attract them ----- 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
This podcast discusses a monthly subscription service that provides handpicked companies that recently raised a lot of money and are looking to outsource.
00:00 - 03:14 (03:14)
Summary
This podcast discusses a monthly subscription service that provides handpicked companies that recently raised a lot of money and are looking to outsource. The list includes CEO contact information, location, and how much money they raised.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The act of showing raw planning can have an emotional impact on people, generating a feeling of support, even for those with other priorities.
03:14 - 07:39 (04:25)
Summary
The act of showing raw planning can have an emotional impact on people, generating a feeling of support, even for those with other priorities. When hiring, it's important to consider if the job will immediately provide value and pay for itself in the next six to 12 months.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker suggests that by following the works of solopreneurs and creators, individuals can build an audience of 50 to 100,000 people and create a newsletter out of their work.
07:39 - 10:47 (03:07)
Summary
The speaker suggests that by following the works of solopreneurs and creators, individuals can build an audience of 50 to 100,000 people and create a newsletter out of their work. The speaker also mentions the need to create a definitive list of these individuals to further support the community.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker talks about an opportunity to buy something very cheap and flip it for a huge profit, but they didn't go through with it in the end.
10:47 - 14:59 (04:12)
Summary
The speaker talks about an opportunity to buy something very cheap and flip it for a huge profit, but they didn't go through with it in the end.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker discusses his thoughts on game theory and how opening a scroll could put him in a sticky spot.
14:59 - 19:35 (04:36)
Summary
The speaker discusses his thoughts on game theory and how opening a scroll could put him in a sticky spot. This episode contains an advertisement for the Side Hustle Pro Podcast.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
This podcast explores the dilemma of choosing to take a high-paying, prestigious job versus pursuing your own business endeavors.
19:35 - 22:32 (02:56)
Summary
This podcast explores the dilemma of choosing to take a high-paying, prestigious job versus pursuing your own business endeavors. It delves into the tradeoffs and potential pitfalls of either option.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The hosts discuss the phenomenon of people telling stories with no clear point, often to brag or show off, and the frustration it causes for listeners.
22:32 - 25:56 (03:23)
Summary
The hosts discuss the phenomenon of people telling stories with no clear point, often to brag or show off, and the frustration it causes for listeners.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The guest on the podcast describes their unconventional method of ensuring IRS compliance for their trades, by submitting paper documentation for each trade rather than letting the agency automate it.
25:56 - 28:59 (03:03)
Summary
The guest on the podcast describes their unconventional method of ensuring IRS compliance for their trades, by submitting paper documentation for each trade rather than letting the agency automate it.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
In this podcast, the speaker discusses the dangers of building a bootleg company and the pitfalls that come along with it.
28:59 - 31:57 (02:57)
Summary
In this podcast, the speaker discusses the dangers of building a bootleg company and the pitfalls that come along with it. He and his counterpart both acknowledge the risks of their actions, but continue to exhibit brash behavior.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker shares advice from their tax and lawyer advisors on the best tax structure for selling a company, recommending a C Corp if the goal is to sell and not pay oneself a lot or only receive payment as a W-2.
31:57 - 35:34 (03:37)
Summary
The speaker shares advice from their tax and lawyer advisors on the best tax structure for selling a company, recommending a C Corp if the goal is to sell and not pay oneself a lot or only receive payment as a W-2.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker discusses considerations for building a business, including the number and type of employees needed and how to attract qualified candidates for job positions.
35:34 - 40:24 (04:49)
Summary
The speaker discusses considerations for building a business, including the number and type of employees needed and how to attract qualified candidates for job positions.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
Furcon invests in developers' projects if they spend more than a day on local host, and has successfully invested in several incubator companies.
40:24 - 43:37 (03:12)
Summary
Furcon invests in developers' projects if they spend more than a day on local host, and has successfully invested in several incubator companies. However, only 10-20% of these projects are completed.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
A founder shares how they grew their marketplace through sustaining constant user growth while facing obstacles such as a stagnant supply-side.
43:37 - 49:49 (06:11)
Summary
A founder shares how they grew their marketplace through sustaining constant user growth while facing obstacles such as a stagnant supply-side.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker discusses how some people may be considered as "losers" if they are unable to speak passionately about something they have studied, and how he himself tries to avoid such people.
49:49 - 52:53 (03:03)
Summary
The speaker discusses how some people may be considered as "losers" if they are unable to speak passionately about something they have studied, and how he himself tries to avoid such people.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
In this episode, the host talks about the culture of extreme success exemplified by Peter Thiel and how it attracts people with a drive to build things, achieve greatness, and make shit happen.
52:53 - 55:49 (02:55)
Summary
In this episode, the host talks about the culture of extreme success exemplified by Peter Thiel and how it attracts people with a drive to build things, achieve greatness, and make shit happen.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker talks about the process of picking the finalists for a batch of grants and how the main filter is determining if applicants will actually do something with the grant, rather than just talking about it or having their day job or student status getting in the way.
55:49 - 1:00:07 (04:17)
Summary
The speaker talks about the process of picking the finalists for a batch of grants and how the main filter is determining if applicants will actually do something with the grant, rather than just talking about it or having their day job or student status getting in the way.
EpisodeMy First Million's Origin Story, How to Find Winners, and More
PodcastMy First Million
The speaker suggests the idea of creating a milk road tab in 10 different cities to help people locate each other and attend events.
1:00:08 - 1:00:32 (00:23)
Summary
The speaker suggests the idea of creating a milk road tab in 10 different cities to help people locate each other and attend events.