Episode
Sam Reveals The Company He's Worked On For The Last 8 Month
1:03:41
Published: Tue Mar 28 2023
Description
Episode 437: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about Sam's new startup, Hampton, which Shaan predicts will be worth more than $1 billion. Sam talks about how it started, why he started it, and the future of the business. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com ----- Links: * Hampton * Martin Shrkreli's YT episode * HARO * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Show Notes: (00:25) - Sam Introduces Hampton (22:35) - The Sam Parr method for finding opportunities and creating businesses (46:50) - Martin Shkreli's Best Advice (57:02) - HARO ----- 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 is excited to finally talk about his idea which he believes will generate over a hundred million dollars a year.
00:00 - 01:33 (01:33)
Summary
The speaker is excited to finally talk about his idea which he believes will generate over a hundred million dollars a year. He has been working on this business since July and has kept it a secret for a while.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
This podcast episode talks about a support group for CEOs who are running companies with at least 10 million dollars in revenue or a million in revenue and three million in funding.
01:33 - 04:43 (03:10)
Summary
This podcast episode talks about a support group for CEOs who are running companies with at least 10 million dollars in revenue or a million in revenue and three million in funding. The group offers a place for CEOs to exchange perspectives and advice.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
Jack Smith, who sold his business for almost a billion dollars, shares how being a CEO is not just about getting an idea off the ground, but the day-to-day challenges of running a business with unexpected issues popping up.
04:43 - 09:23 (04:39)
Summary
Jack Smith, who sold his business for almost a billion dollars, shares how being a CEO is not just about getting an idea off the ground, but the day-to-day challenges of running a business with unexpected issues popping up.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The speaker shares their personal experience with a mastermind group, discussing how the connections made in such a group can lead to valuable investments, as well as personal and professional growth.
09:23 - 13:41 (04:18)
Summary
The speaker shares their personal experience with a mastermind group, discussing how the connections made in such a group can lead to valuable investments, as well as personal and professional growth.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The age range in YPO is older, and it includes various non-tech companies as well.
13:41 - 19:18 (05:36)
Summary
The age range in YPO is older, and it includes various non-tech companies as well. The speaker talks about his career and how it has been focused on taking old ideas and reinventing them.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The biggest challenge faced by entrepreneurs is managing their team effectively, maintaining growth, revenue, and profits.
19:18 - 22:09 (02:51)
Summary
The biggest challenge faced by entrepreneurs is managing their team effectively, maintaining growth, revenue, and profits. Furthermore, they have to handle various issues like acquisition offers, layoffs, and bad investments with their companies.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The speaker recounts a conversation with someone who had purchased a company in private equity and gained insight into the process and potential opportunities for similar investments.
22:10 - 25:28 (03:18)
Summary
The speaker recounts a conversation with someone who had purchased a company in private equity and gained insight into the process and potential opportunities for similar investments.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The difference between someone who is fully committed to their business and someone who is doing it as one of 10 things they are doing, is turning up the intensity.
25:29 - 30:34 (05:04)
Summary
The difference between someone who is fully committed to their business and someone who is doing it as one of 10 things they are doing, is turning up the intensity. The fundamental platform of this podcast is a launch pad for business ideas.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The founder of the Hustle newsletter, Sam Parr, discusses the process of finding a strategic partner and how it took 2.5 years to finally connect with the Chief Growth Officer of Motley Fool.
30:34 - 35:01 (04:26)
Summary
The founder of the Hustle newsletter, Sam Parr, discusses the process of finding a strategic partner and how it took 2.5 years to finally connect with the Chief Growth Officer of Motley Fool.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The speaker discusses his reaction to rejection and how he remains positive in the face of it.
35:01 - 39:11 (04:09)
Summary
The speaker discusses his reaction to rejection and how he remains positive in the face of it. He also reflects on the strength of his working relationships despite rejection.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
In this podcast, the speaker emphasizes the importance of experience and learning from mistakes in entrepreneurship.
39:11 - 47:02 (07:50)
Summary
In this podcast, the speaker emphasizes the importance of experience and learning from mistakes in entrepreneurship. He draws from his own experience and talks about the success of a business founder who tried something against the grain.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The conversation revolves around the misconception that IQ is the sole determinant factor for being successful.
47:02 - 50:25 (03:22)
Summary
The conversation revolves around the misconception that IQ is the sole determinant factor for being successful. The midwit meme is brought up as a way to showcase that success comes in different forms and does not necessarily depend on high intelligence.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The pressure of building one's career in public often leads to self-doubt and a constant need for validation, especially when it comes to accepting job offers.
50:25 - 55:48 (05:22)
Summary
The pressure of building one's career in public often leads to self-doubt and a constant need for validation, especially when it comes to accepting job offers. Peer pressure and fear of missing out (FOMO) can also contribute to this issue, making it hard to find the right career path.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The HARO (Help A Reporter Out) platform could use an update as many startups are inundated with requests for backlinks and PR from reporters, and it can be challenging to maintain quality.
55:48 - 58:59 (03:11)
Summary
The HARO (Help A Reporter Out) platform could use an update as many startups are inundated with requests for backlinks and PR from reporters, and it can be challenging to maintain quality. Despite this, the platform still has over 1.5 million subscribers paying for access.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
The speaker shares his experience in launching a new business, Hampton, and the potential he sees in it to become a multimillion-dollar company.
58:59 - 1:03:07 (04:07)
Summary
The speaker shares his experience in launching a new business, Hampton, and the potential he sees in it to become a multimillion-dollar company. He emphasizes that he has built a successful company before and has confidence in Hampton's revenue and growth potential.
EpisodeSam Reveals The Company He's Worked On For The Last 8 Month
PodcastMy First Million
JoinHampton.com is introduced as a prestigious community to apply for and be turned down by.
1:03:07 - 1:04:18 (01:11)
Summary
JoinHampton.com is introduced as a prestigious community to apply for and be turned down by. The Hustle Daily Show, The Hustle's daily podcast, is recommended as a source for business and tech news.