Episode
Shaan's Story: How I Made My First $1,000,000 By Age 31
1:33:37
Published: Thu Oct 20 2022
Description
Episode 377: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about Shaan's business life story... while eating hot wings. ----- 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. ------ Show Notes: (01:40) - Seinfeld interview (11:38) - Shaan's story (14:20) - First job in Indonesia (25:40) - Stripe interview (31:20) - Monkey Inferno (49:10) - Selling (53:10) - Podcast (56:30) - What to do with the rest of my life * Production Credit: Caspian Studios ----- 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 an article describing an interview with Seinfeld and acknowledges his talent, despite finding him to be a difficult person.
00:00 - 02:23 (02:23)
Summary
The speaker discusses an article describing an interview with Seinfeld and acknowledges his talent, despite finding him to be a difficult person. They question the article's headline and wonder what the main points were.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
Comparing the qualities of self-awareness and creativity in a CEO to the power-driven perspective of Elon Musk.
02:23 - 05:01 (02:38)
Summary
Comparing the qualities of self-awareness and creativity in a CEO to the power-driven perspective of Elon Musk.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The importance of hiring great engineers and why product reviews and other non-engineering related skills are not a priority.
05:01 - 08:03 (03:01)
Summary
The importance of hiring great engineers and why product reviews and other non-engineering related skills are not a priority.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker seems to be sharing a personal anecdote about playing frisbee with a friend after drinking a powder mix, while also mentioning a company that owns multiple buildings in Oakland.
08:03 - 12:09 (04:06)
Summary
The speaker seems to be sharing a personal anecdote about playing frisbee with a friend after drinking a powder mix, while also mentioning a company that owns multiple buildings in Oakland.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
A man shares his experience working for a mafia guy who dropped out of second grade and did shady business deals with junk bonds.
12:09 - 14:21 (02:11)
Summary
A man shares his experience working for a mafia guy who dropped out of second grade and did shady business deals with junk bonds.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker recalls his conversation with his father who claimed to be a top five expert in one coal technology in the world and rewarded employees with luxury cars for a job well done.
14:21 - 18:13 (03:51)
Summary
The speaker recalls his conversation with his father who claimed to be a top five expert in one coal technology in the world and rewarded employees with luxury cars for a job well done.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker discusses how someone was able to close deals during the day by utilizing a "workflow".
18:13 - 22:35 (04:21)
Summary
The speaker discusses how someone was able to close deals during the day by utilizing a "workflow". He alludes to the presence of cute girls in karaoke rooms and suggests there may be a connection.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker shares how he missed out on millions of dollars by leaving a tech startup in 2012, shortly before a major deal was signed.
22:35 - 25:19 (02:44)
Summary
The speaker shares how he missed out on millions of dollars by leaving a tech startup in 2012, shortly before a major deal was signed. Despite some criticism, he believes he could have stayed and thrived in the company if he had stayed on.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker shares a personal experience of getting caught up in their own bias while trying to sell a product and provides advice on how to avoid this pitfall by focusing on customer preferences instead of personal preferences.
25:19 - 27:44 (02:24)
Summary
The speaker shares a personal experience of getting caught up in their own bias while trying to sell a product and provides advice on how to avoid this pitfall by focusing on customer preferences instead of personal preferences.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The founders of Bebo, a social media website sold for $850 million, have started a new business selling hot wings with sticky sauces.
27:45 - 30:56 (03:11)
Summary
The founders of Bebo, a social media website sold for $850 million, have started a new business selling hot wings with sticky sauces. Their success in building tech companies and writing engaging content has contributed to the popularity of their new venture.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The early days of Facebook involved spam bot problems, a reality TV show, and making money through Eminem takeovers of the homepage.
30:56 - 34:30 (03:33)
Summary
The early days of Facebook involved spam bot problems, a reality TV show, and making money through Eminem takeovers of the homepage. The focus was on growth and engagement without ads.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The CEO of a company that was declining due to only focusing on bug fixes decided to turn the business around by expanding into B2B and real-world products such as T-shirts and Uber.
34:30 - 36:45 (02:15)
Summary
The CEO of a company that was declining due to only focusing on bug fixes decided to turn the business around by expanding into B2B and real-world products such as T-shirts and Uber.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker discusses their impressions of a billionaire's man cave, which included old Mac computers as art and decorations.
36:45 - 40:05 (03:19)
Summary
The speaker discusses their impressions of a billionaire's man cave, which included old Mac computers as art and decorations. The billionaire was also surprised and humbled to receive recognition from other successful individuals such as the founders of Stripe and the CEO of Uber.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
There are examples of people in Silicon Valley who have bad reputations but made millions.
40:05 - 43:47 (03:42)
Summary
There are examples of people in Silicon Valley who have bad reputations but made millions. There is a high expectation for success that can be difficult to attain and have value without intrinsic motivation or impact.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The founder of a local soccer league talks about pivoting multiple times before finally landing on creating an eSports app that high schoolers could use to play.
43:47 - 46:32 (02:44)
Summary
The founder of a local soccer league talks about pivoting multiple times before finally landing on creating an eSports app that high schoolers could use to play.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
In this excerpt, a mother talks about the struggle to balance parenting and work, reflecting on her decision to not take enough time off after having children.
46:32 - 49:28 (02:55)
Summary
In this excerpt, a mother talks about the struggle to balance parenting and work, reflecting on her decision to not take enough time off after having children.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker talks about her desire to be in a million people's ears every morning and choosing wisely when it comes to podcasting.
49:28 - 52:08 (02:40)
Summary
The speaker talks about her desire to be in a million people's ears every morning and choosing wisely when it comes to podcasting.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The podcast discusses the idea of SMS for E-commerce, which could potentially bring in 100 brands that matter.
52:08 - 54:21 (02:12)
Summary
The podcast discusses the idea of SMS for E-commerce, which could potentially bring in 100 brands that matter. It is said to work like email but has a better opening rate.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The key to finding what you truly want is to turn down opportunities that don't align with your goals.
54:21 - 58:44 (04:23)
Summary
The key to finding what you truly want is to turn down opportunities that don't align with your goals. It is important to keep going until you find the right fit for you.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
In this episode, the hosts discuss making decisions based on intuition rather than feeling guilty about not having all the information beforehand, and the importance of staying true to one's own convictions.
58:44 - 1:03:02 (04:17)
Summary
In this episode, the hosts discuss making decisions based on intuition rather than feeling guilty about not having all the information beforehand, and the importance of staying true to one's own convictions.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The text does not contain a clear topic or theme and seems to be a collection of unrelated phrases and sentences.
1:03:02 - 1:06:53 (03:50)
Summary
The text does not contain a clear topic or theme and seems to be a collection of unrelated phrases and sentences.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The idea of investing in boring businesses is a common one, but the value of quick experimentation versus long-term investment in rental properties is debated.
1:06:54 - 1:08:54 (02:00)
Summary
The idea of investing in boring businesses is a common one, but the value of quick experimentation versus long-term investment in rental properties is debated.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
In this episode, tough choices with funny and ironic situations are discussed.
1:08:54 - 1:10:52 (01:57)
Summary
In this episode, tough choices with funny and ironic situations are discussed. Questions like whether you'd rather be twice as funny or twice as ripped are presented to the listeners.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speakers discuss a high-stakes bidding war and the intense pressure of making a million dollar deal with only minutes to decide.
1:10:52 - 1:15:04 (04:12)
Summary
The speakers discuss a high-stakes bidding war and the intense pressure of making a million dollar deal with only minutes to decide.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The hosts discuss an auction strategy of pretending to have an unlimited budget to psychologically intimidate other bidders, leading them to drop out earlier in the auction.
1:15:04 - 1:17:01 (01:56)
Summary
The hosts discuss an auction strategy of pretending to have an unlimited budget to psychologically intimidate other bidders, leading them to drop out earlier in the auction.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The founder describes how he built a startup company despite initial criticism and skepticism, and how his company differs from other similar products in the market.
1:17:01 - 1:20:55 (03:54)
Summary
The founder describes how he built a startup company despite initial criticism and skepticism, and how his company differs from other similar products in the market.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The speaker reflects on the concept of time and how it relates to our experiences and connections with other people, including a mention of a friend measuring time in a unique way.
1:20:55 - 1:25:21 (04:25)
Summary
The speaker reflects on the concept of time and how it relates to our experiences and connections with other people, including a mention of a friend measuring time in a unique way.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
A young man with lots of money in LA speculates that the app's origin may be from China, and he believes it's going to get taken down because it started right when a lot of Chinese people signed up for the app.
1:25:21 - 1:29:49 (04:28)
Summary
A young man with lots of money in LA speculates that the app's origin may be from China, and he believes it's going to get taken down because it started right when a lot of Chinese people signed up for the app.
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The podcast discusses the trend of grand scale events being manipulated into reality through social media rumors, leading to potential financial gains of millions of dollars.
1:29:49 - 1:31:18 (01:28)
Summary
The podcast discusses the trend of grand scale events being manipulated into reality through social media rumors, leading to potential financial gains of millions of dollars.