Episode
The Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
1:49:54
Published: Thu Dec 29 2022
Description
Episode 401: Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Andrew Wilkinson (@awilkinson) present the annual Milly Awards. The most notable Billy of the Year will be named... as well as best and worst investments, favorite breakout company of the year, coolest moment of the year, best content, and so much more. And one side note, if you want to sell your boring business email [email protected]. ----- Links: * Cultural Tour Twitter * Blitzed book * Founders podcast * The Operator book * Think On These Things book * Richer, Wiser, Happier book * 10k Diver Twitter * clay.earth * My Body Tutor * Kick * Gelt * 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: (04:10) - Billy of the Year (10:30) - Biggest Loss of the Year (24:50) - Breakout Company of the Year (32:00) - Unsexy Business of the Year (42:15) - Best Investment of the Year (49:40) - Worst Investment of the Year (55:15) - Content of the Year (01:01:25) - Wild Predictions for Next Year (01:07:50) - Coolest Moment of the Year (01:12:15) - Craziest Most Delusional Person of the Year (01:22:40) - Relationship Hack (01:36:50) - Biggest Change in 2023 (01:42:10) - Best Business Idea for Someone Else ----- 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 podcast hosts discuss their different categories, including "Billy of the Year" and "Our Own Worst Investments," while also poking fun at each other's appearances.
00:00 - 02:22 (02:22)
Summary
The podcast hosts discuss their different categories, including "Billy of the Year" and "Our Own Worst Investments," while also poking fun at each other's appearances.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The podcast has had a significant increase of 20 million downloads this year compared to last year.
02:22 - 05:23 (03:01)
Summary
The podcast has had a significant increase of 20 million downloads this year compared to last year. It includes a segment called "Billy of the week" where they feature individuals who have the billionaire persona.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The transcript discusses the popularity of WordPress, being responsible for 30-40% of all internet websites, and a preference for under the radar billionaires who live like they should be billionaires.
05:23 - 10:41 (05:18)
Summary
The transcript discusses the popularity of WordPress, being responsible for 30-40% of all internet websites, and a preference for under the radar billionaires who live like they should be billionaires.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
A conversation between two individuals discussing the significance of small differences in percentages which can cause large monetary amounts to change hands, and also the impact of the seemingly slight shift in interest rates causing considerable financial differences.
10:41 - 14:41 (03:59)
Summary
A conversation between two individuals discussing the significance of small differences in percentages which can cause large monetary amounts to change hands, and also the impact of the seemingly slight shift in interest rates causing considerable financial differences.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker shares how growing up not having much money made them value every dollar, and how having a lot of money in the bank doesn't necessarily mean one should stop putting effort into their work.
14:41 - 17:37 (02:56)
Summary
The speaker shares how growing up not having much money made them value every dollar, and how having a lot of money in the bank doesn't necessarily mean one should stop putting effort into their work.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
A friend asked a founder if they would take their own job if it were offered as a traditional job posting, and the answer made the founder realize the value in following their passions.
17:37 - 20:01 (02:23)
Summary
A friend asked a founder if they would take their own job if it were offered as a traditional job posting, and the answer made the founder realize the value in following their passions.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker shares his experience of receiving a huge bill including extra charges for a move-out, where he was asked to pay for scratches and damages that he didn't cause.
20:01 - 23:34 (03:32)
Summary
The speaker shares his experience of receiving a huge bill including extra charges for a move-out, where he was asked to pay for scratches and damages that he didn't cause.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
Two people are discussing what they expected the breakout project of the year to be in 1945 and how their expectations compare to what actually happened.
23:34 - 26:36 (03:01)
Summary
Two people are discussing what they expected the breakout project of the year to be in 1945 and how their expectations compare to what actually happened. They note that their expectations are the same as most people's and that one person is overly enthusiastic like a bull in a china shop.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
In this episode, the founder of OpenAI and his incredible journey of creating one of the most magical technologies, Dali and GPT-3, is discussed.
26:36 - 31:36 (05:00)
Summary
In this episode, the founder of OpenAI and his incredible journey of creating one of the most magical technologies, Dali and GPT-3, is discussed.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
Bob and Rick's dispensers are gaining a lot of traction in the market, with big contracts such as being the official dispenser for all Apple stores, causing some concern about hygiene and safety precautions with opening the dispensers.
31:36 - 35:06 (03:29)
Summary
Bob and Rick's dispensers are gaining a lot of traction in the market, with big contracts such as being the official dispenser for all Apple stores, causing some concern about hygiene and safety precautions with opening the dispensers.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The usage of refillable dispensers in hotels, such as for shampoo and soap, could save a lot of money for larger chains like Marriott or Hilton, in terms of brick and mortar development of real estate.
35:06 - 38:01 (02:55)
Summary
The usage of refillable dispensers in hotels, such as for shampoo and soap, could save a lot of money for larger chains like Marriott or Hilton, in terms of brick and mortar development of real estate. The dispensers will not work in high-end places like Four Seasons, though.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
A former sushi restaurant owner and biotech worker shares how they got brainwashed by the Silicon Valley ethos and why they are hesitant to restart the learning curve in a new direction.
38:01 - 40:30 (02:28)
Summary
A former sushi restaurant owner and biotech worker shares how they got brainwashed by the Silicon Valley ethos and why they are hesitant to restart the learning curve in a new direction.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker talks about how he has never seen anyone build a brand so quickly and effectively as this person, who generated over $100 million in revenue in just seven months.
40:30 - 45:43 (05:13)
Summary
The speaker talks about how he has never seen anyone build a brand so quickly and effectively as this person, who generated over $100 million in revenue in just seven months. He also discusses the challenges of having to put on a happy face in public despite having serious conversations or arguments in private.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
Amanda Goetz, the founder at House of Wise talks about how their acquisition of a social network for female entrepreneurs was unexpected but definitely helped turn a previously failed business into something that will sustain for at least five or ten years.
45:43 - 49:29 (03:46)
Summary
Amanda Goetz, the founder at House of Wise talks about how their acquisition of a social network for female entrepreneurs was unexpected but definitely helped turn a previously failed business into something that will sustain for at least five or ten years.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker calculated that Bitcoin would have needed to reach $2 million a coin for the Winklevoss twins and Facebook to have kept their value.
49:29 - 55:26 (05:56)
Summary
The speaker calculated that Bitcoin would have needed to reach $2 million a coin for the Winklevoss twins and Facebook to have kept their value. Additionally, some business investments have proven to be a headache this year, despite relatively stable returns.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
Brian Portnoy talks about Joe Kennedy's fascinating experiences in multiple industries, including music and movies, and shares his insights on Kennedy's investing and capital allocation skills.
55:26 - 59:17 (03:50)
Summary
Brian Portnoy talks about Joe Kennedy's fascinating experiences in multiple industries, including music and movies, and shares his insights on Kennedy's investing and capital allocation skills.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The podcasters discuss their experiences with online courses, including a Maven course that one of them only attended half of, and a potential breakout company being promoted by YouTuber Meet Kevin.
59:17 - 1:02:02 (02:45)
Summary
The podcasters discuss their experiences with online courses, including a Maven course that one of them only attended half of, and a potential breakout company being promoted by YouTuber Meet Kevin. They also differentiate between junk content on Twitter and more valuable resources, such as 10 K Diver.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker believes that with the current tech layoffs taking place, there will be global repercussions and cancellations of previously agreed upon deals in the industry.
1:02:02 - 1:06:03 (04:01)
Summary
The speaker believes that with the current tech layoffs taking place, there will be global repercussions and cancellations of previously agreed upon deals in the industry. However, they also express a lack of interest in making macro predictions.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
A conversation about building a legacy and the satisfaction of achieving success with a team.
1:06:03 - 1:09:29 (03:25)
Summary
A conversation about building a legacy and the satisfaction of achieving success with a team.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
A man describes his experience of betting Mr.
1:09:29 - 1:12:16 (02:46)
Summary
A man describes his experience of betting Mr. Beast $10,000 that he could hit a half-court shot and the excitement that he felt after finally making the shot.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The importance of holding guests accountable during podcast interviews and not just allowing them to skate by with lies or BS, especially when dealing with psychopaths who can appear charming and believable.
1:12:16 - 1:16:23 (04:07)
Summary
The importance of holding guests accountable during podcast interviews and not just allowing them to skate by with lies or BS, especially when dealing with psychopaths who can appear charming and believable.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
'Legitimate' withheld information about a potential crisis and used the opportunity to make money off a short position, which could be considered fraudulent.
1:16:23 - 1:18:32 (02:08)
Summary
'Legitimate' withheld information about a potential crisis and used the opportunity to make money off a short position, which could be considered fraudulent.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speakers have a conversation about a person who is compared to Elon Musk, but likes to stay behind the scenes.
1:18:32 - 1:23:39 (05:06)
Summary
The speakers have a conversation about a person who is compared to Elon Musk, but likes to stay behind the scenes. They also talk about how peak experiences and positive associations can create bonds between people.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
This episode includes tips for hosting an enjoyable gathering including how to handle adversity, being a good host, and using creativity to make it fun and memorable.
1:23:39 - 1:28:03 (04:24)
Summary
This episode includes tips for hosting an enjoyable gathering including how to handle adversity, being a good host, and using creativity to make it fun and memorable.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker shares their experience of investing in two companies after realizing they did not understand the difference between revenue and cash flow, and the importance of properly managing expenses in a startup.
1:28:03 - 1:32:11 (04:07)
Summary
The speaker shares their experience of investing in two companies after realizing they did not understand the difference between revenue and cash flow, and the importance of properly managing expenses in a startup.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The tax filing process can be daunting for creators and small business owners, but utilizing services such as LLCs and S corps can help ease the process.
1:32:11 - 1:36:23 (04:12)
Summary
The tax filing process can be daunting for creators and small business owners, but utilizing services such as LLCs and S corps can help ease the process. One entrepreneur shares his experience with overcoming his personal struggles with taxes and finding solutions to make it easier for himself and other creators.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker shares their experience of focusing on energy and vibe in their approach to business, rather than strictly following by-the-book projections and metrics.
1:36:23 - 1:39:23 (02:59)
Summary
The speaker shares their experience of focusing on energy and vibe in their approach to business, rather than strictly following by-the-book projections and metrics.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The decision to sell a business depends on the willingness of the owner to work on it for the next few years, and if the project is something the owner is passionate about working on long-term.
1:39:23 - 1:42:43 (03:20)
Summary
The decision to sell a business depends on the willingness of the owner to work on it for the next few years, and if the project is something the owner is passionate about working on long-term.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The idea of creating a school for starving artists is proposed to help those who want to pursue arts without struggling financially.
1:42:43 - 1:47:45 (05:01)
Summary
The idea of creating a school for starving artists is proposed to help those who want to pursue arts without struggling financially. This school would cater to willing artists who are willing to sell out 25% and is aimed towards preventing them from struggling financially.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker discusses the issue of tanning unevenly and offers advice on how to achieve a better tan.
1:47:45 - 1:49:38 (01:53)
Summary
The speaker discusses the issue of tanning unevenly and offers advice on how to achieve a better tan.
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
Sam and Andrew are planning a meetup in Vancouver in mid-February, which 600 people have already signed up for.
1:49:38 - 1:50:25 (00:47)
Summary
Sam and Andrew are planning a meetup in Vancouver in mid-February, which 600 people have already signed up for. They still need to pick a venue and date, but interested individuals can sign up through a form provided by Andrew.