Episode
One Question Friday: How Will You Teach Your Kids To Be Entrepreneurial?
25:24
Published: Fri Aug 05 2022
Description
Shaan Puri (@ShaanVP) answers one listener's question: I know that your kids are still pretty young, but I wanted to know how are you going teach them to be entrepreneurial? And when are you going to start? To submit your question and hear yourself on My First Million, go to MFMPod.com and click on the circle with the microphone in the lower right hand corner. ----- Links: * 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. ----- 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 hosts realized 9 months into their startup that they were going through the motions and not focusing on the business part of selling their product to customers.
00:00 - 02:34 (02:34)
Summary
The hosts realized 9 months into their startup that they were going through the motions and not focusing on the business part of selling their product to customers.
EpisodeOne Question Friday: How Will You Teach Your Kids To Be Entrepreneurial?
PodcastMy First Million
The podcast host aims to tell inspiring stories of people who have achieved their goals by simply wanting it badly and working towards it.
02:34 - 06:44 (04:09)
Summary
The podcast host aims to tell inspiring stories of people who have achieved their goals by simply wanting it badly and working towards it. Steve Jobs' quote on realizing the importance of one's goals is a guiding philosophy.
EpisodeOne Question Friday: How Will You Teach Your Kids To Be Entrepreneurial?
PodcastMy First Million
Door-to-Door sales can provide an entrepreneur with skills such as repetition, handling rejection, persuasion, building rapport, and the ability to build things from scratch.
06:44 - 12:14 (05:29)
Summary
Door-to-Door sales can provide an entrepreneur with skills such as repetition, handling rejection, persuasion, building rapport, and the ability to build things from scratch.
EpisodeOne Question Friday: How Will You Teach Your Kids To Be Entrepreneurial?
PodcastMy First Million
The speaker states that it is important for children to have diverse experiences and meet interesting people to develop the ambition to succeed.
12:14 - 20:31 (08:17)
Summary
The speaker states that it is important for children to have diverse experiences and meet interesting people to develop the ambition to succeed. He also discusses the importance of teaching children how to negotiate and know the value of things, using an example of how people can take advantage of those who do not know this knowledge.
EpisodeOne Question Friday: How Will You Teach Your Kids To Be Entrepreneurial?
PodcastMy First Million
The speaker discusses exercises that teach the value of rapid prototyping, facing rejection, and risk assessment, such as lemonade stands, door-to-door sales, and the marshmallow test.
20:31 - 24:32 (04:01)
Summary
The speaker discusses exercises that teach the value of rapid prototyping, facing rejection, and risk assessment, such as lemonade stands, door-to-door sales, and the marshmallow test.