Episode
The 2021 Milly Awards
1:47:42
Published: Thu Dec 30 2021
Description
Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Andrew Wilkinson (@awilkinson) to go through their 2021 Milly Awards. They hand out awards like "billionaire of the year," "best investment of the year," "best podcast guest," and more. _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want more insights like MFM? Check out Shaan's newsletter. _____ Show Notes: (03:00) - Billionaire of the year (15:00) - Company of the year (23:00) - Unsexy simple business of the year (29:40) - Best investment (41:30) - Worst investment (51:15) - Favorite digital tool, favorite physical tool, under $100 and over $1,000 (1:02:25) - Best thing you learned about yourself and best relationship hack (1:17:00) - Book of the year and best new follow or subscription (1:21:00) - Shaan's story of meeting Rupert Murdoch (1:28:00) - Best podcast guest and best hang (1:39:15) - Favorite company, industry, and predictions ----- 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
Automating tedious tasks and incorporating exercise into your routine can have numerous benefits.
00:00 - 02:05 (02:05)
Summary
Automating tedious tasks and incorporating exercise into your routine can have numerous benefits. According to a recent study, if the benefits of exercise could be put into pill form, it would be the most successful medicine ever.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
HubSpot's CMO reviews last year's predictions with a favorite episode, referencing a document with answers from the previous year and the worth of HubSpot's stock.
02:05 - 05:44 (03:39)
Summary
HubSpot's CMO reviews last year's predictions with a favorite episode, referencing a document with answers from the previous year and the worth of HubSpot's stock.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
Anthony Von Mandel started a wine importing business to make enough money to buy a winery called Mission Hill, which led to owning a beverage-focused holding company and a net worth of $8 billion.
05:44 - 09:58 (04:13)
Summary
Anthony Von Mandel started a wine importing business to make enough money to buy a winery called Mission Hill, which led to owning a beverage-focused holding company and a net worth of $8 billion.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
Vitalik Buterin, co-creator of Ethereum and billionaire, is interested in the Shiba Inu coin, a dog-themed cryptocurrency.
09:58 - 13:55 (03:57)
Summary
Vitalik Buterin, co-creator of Ethereum and billionaire, is interested in the Shiba Inu coin, a dog-themed cryptocurrency. Buterin is known for his philanthropic work and has expressed interest in using the Shiba Inu coin for charitable causes.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The episode discusses the rapid growth of a certain company that went from 24 million to 15 billion in just one year, making it a breakout company.
13:55 - 17:02 (03:06)
Summary
The episode discusses the rapid growth of a certain company that went from 24 million to 15 billion in just one year, making it a breakout company. The guest also shares his thoughts on why this company is successful and his personal connection to it.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
Chris Heard's company helps manage remote work setups around laptops, desks and more.
17:02 - 19:57 (02:55)
Summary
Chris Heard's company helps manage remote work setups around laptops, desks and more.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
OpenSea, a venture-backed crypto marketplace, has experienced significant success with bookings and revenue.
19:57 - 23:23 (03:25)
Summary
OpenSea, a venture-backed crypto marketplace, has experienced significant success with bookings and revenue. Despite its strong performance, its founder may lead the most lavish lifestyle out of his peers.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
A business that specializes in painting lines for roads, lanes and parking spots is thriving and capturing the attention of social media users due to the unexpected and unique service they offer.
23:23 - 28:21 (04:57)
Summary
A business that specializes in painting lines for roads, lanes and parking spots is thriving and capturing the attention of social media users due to the unexpected and unique service they offer.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker discusses his experience buying an apartment building and converting it to a group of Airbnb properties, as well as his thoughts on hedge funds and the investors who back them.
28:21 - 32:22 (04:01)
Summary
The speaker discusses his experience buying an apartment building and converting it to a group of Airbnb properties, as well as his thoughts on hedge funds and the investors who back them.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker recounts asking a potential investor if they would like to add a confidentiality clause to their startup pitch.
32:22 - 35:27 (03:05)
Summary
The speaker recounts asking a potential investor if they would like to add a confidentiality clause to their startup pitch.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
A discussion on the valuation of a startup and its traction, and how they relate.
35:28 - 37:43 (02:15)
Summary
A discussion on the valuation of a startup and its traction, and how they relate.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
An investor shares his experience with Zillow, discussing how he got interested and how the stock performed over time.
37:43 - 39:49 (02:05)
Summary
An investor shares his experience with Zillow, discussing how he got interested and how the stock performed over time.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker discusses the value of brand recognition and its influence on a company's success by providing examples such as Zoom, Fastly, and Agora.
39:49 - 45:11 (05:21)
Summary
The speaker discusses the value of brand recognition and its influence on a company's success by providing examples such as Zoom, Fastly, and Agora.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
Felix Salmon discusses the usage and efficacy of Augur, a decentralized prediction market platform.
45:11 - 47:26 (02:15)
Summary
Felix Salmon discusses the usage and efficacy of Augur, a decentralized prediction market platform.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The chef on the podcast shares his favorite digital and physical tools, as well as his favorite products that are both affordable and expensive.
47:26 - 50:57 (03:30)
Summary
The chef on the podcast shares his favorite digital and physical tools, as well as his favorite products that are both affordable and expensive.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker grew out their hair as a means of sparking change and self-exploration.
50:57 - 53:02 (02:05)
Summary
The speaker grew out their hair as a means of sparking change and self-exploration. They describe feeling a sense of electric energy after coming out of the experience.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
A discussion about hair care tips and tricks, including the use of a silk pillowcase and curling cream.
53:03 - 55:52 (02:49)
Summary
A discussion about hair care tips and tricks, including the use of a silk pillowcase and curling cream.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker shares the benefits of having a personal chef, including saving time and mental energy.
55:52 - 58:27 (02:34)
Summary
The speaker shares the benefits of having a personal chef, including saving time and mental energy. They suggest that investing in a chef should take priority over buying a luxury car.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The guest suggests weekly board meetings with your partner to discuss your relationship and the need for an operating system for marriage and family.
58:27 - 1:00:43 (02:15)
Summary
The guest suggests weekly board meetings with your partner to discuss your relationship and the need for an operating system for marriage and family.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker feels left out of business deals after their engagement with a client ended, despite thinking that they had a good relationship.
1:00:43 - 1:04:05 (03:21)
Summary
The speaker feels left out of business deals after their engagement with a client ended, despite thinking that they had a good relationship. This highlights the potential for misunderstandings in business relationships.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker discusses missed opportunities due to lack of communication and explores the concept of stack ranking different aspects of life.
1:04:06 - 1:10:37 (06:31)
Summary
The speaker discusses missed opportunities due to lack of communication and explores the concept of stack ranking different aspects of life.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker explains their belief that wealth equates to freedom of time but also acknowledges the societal pressure of not having enough time as a sign of poverty.
1:10:37 - 1:14:25 (03:48)
Summary
The speaker explains their belief that wealth equates to freedom of time but also acknowledges the societal pressure of not having enough time as a sign of poverty.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker talks about a conference that has multiple startups and talks from CEOs like Stuart Butterfield from Slack that lasted from 8 a.m to like 6 p.m.
1:14:25 - 1:18:12 (03:46)
Summary
The speaker talks about a conference that has multiple startups and talks from CEOs like Stuart Butterfield from Slack that lasted from 8 a.m to like 6 p.m.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker talks about how they used to buy a lot of books but never read them until they stumbled upon a book that contained a powerful principle that changed their life after internalizing it.
1:18:12 - 1:20:24 (02:12)
Summary
The speaker talks about how they used to buy a lot of books but never read them until they stumbled upon a book that contained a powerful principle that changed their life after internalizing it.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
In this snippet, one of the speakers praises David Freeberg for being a balanced and fair speaker on science and interesting things.
1:20:24 - 1:24:33 (04:08)
Summary
In this snippet, one of the speakers praises David Freeberg for being a balanced and fair speaker on science and interesting things. They also share their opinion on fellow podcast member Jason.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
David Rabie talks about his experience with negotiating in entrepreneurship, including how he started a business that he later sold for single digit millions, and his idea for negotiation as a service.
1:24:33 - 1:28:45 (04:12)
Summary
David Rabie talks about his experience with negotiating in entrepreneurship, including how he started a business that he later sold for single digit millions, and his idea for negotiation as a service.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
A discussion about an individual's talent in building meaningful relationships and networks within Hollywood's Brown community and the power of conversation to connect people.
1:28:45 - 1:32:54 (04:09)
Summary
A discussion about an individual's talent in building meaningful relationships and networks within Hollywood's Brown community and the power of conversation to connect people.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
Andrew makes predictions about what will happen in 2022 including the bounce back of COVID and the continued dominance of San Francisco as the center of tech.
1:32:54 - 1:34:44 (01:49)
Summary
Andrew makes predictions about what will happen in 2022 including the bounce back of COVID and the continued dominance of San Francisco as the center of tech.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker discusses the potential democratization and standardization of digital businesses, using a hypothetical scenario of a singular API being utilized by every app and metaverse as a potential solution.
1:34:44 - 1:38:27 (03:43)
Summary
The speaker discusses the potential democratization and standardization of digital businesses, using a hypothetical scenario of a singular API being utilized by every app and metaverse as a potential solution.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The rise of stable coins like Luna's token and their potential, as well as the surprising success of Oculus outselling Xbox this year.
1:38:27 - 1:41:21 (02:53)
Summary
The rise of stable coins like Luna's token and their potential, as well as the surprising success of Oculus outselling Xbox this year.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The SPAC trend has seen an exponential increase in the past decade, with Chamath being a major contributor.
1:41:21 - 1:43:57 (02:36)
Summary
The SPAC trend has seen an exponential increase in the past decade, with Chamath being a major contributor. However, Chamath's SPACs have taken a hit, with an average of 30% down year to date. Additionally, the speaker mentions the success of Apple's gaming platform.
EpisodeThe 2021 Milly Awards
PodcastMy First Million
The speaker thinks that Special Purpose Acquisition Companies (SPACs) are overrated and merely a bandwagon.
1:43:57 - 1:46:26 (02:29)
Summary
The speaker thinks that Special Purpose Acquisition Companies (SPACs) are overrated and merely a bandwagon. They explain that instead of having a sponsor get 20%, they are now getting 0%.