Episode

The New WeWork, How to Make $10M In 3 Months, and More
listen on SpotifyListen on Youtube
1:00:31
Published: Thu Aug 18 2022
Description

Episode 349: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about WeWork founder - Adam Neumann's - next big project, how to make $10 million in three months, and more. ----- Links: * Alan Wong * Scott Painter * Bitpipe * Braden Wallake * 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: (04:50) - How much money it costs to ball out in New York (19:55) - Making $10M in a year (28:00) - Scott Painter (38:35) - Adam Nuemann. (46:55) - Worst thing I've seen: TechTarget (56:10) - Worst thing I've seen: The Crying CEO and why we need bullies ----- 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 of "My First Million" podcast discuss a range of ideas, from success tips to getting a hand tattoo instead of a wedding ring.
00:00 - 01:30 (01:30)
listen on SpotifyListen on Youtube
Success Tips
Summary

The hosts of "My First Million" podcast discuss a range of ideas, from success tips to getting a hand tattoo instead of a wedding ring.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The speaker discusses the power of motivation through fear of loss and the use of threats in both business and personal relationships.
01:30 - 03:29 (01:59)
listen on SpotifyListen on Youtube
Motivation
Summary

The speaker discusses the power of motivation through fear of loss and the use of threats in both business and personal relationships.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The speaker realizes that the average citizen of Hawaii, such as teachers or artists, cannot afford to buy the luxurious furniture sold in stores in Hawaii even though they live in expensive homes.
03:29 - 09:57 (06:27)
listen on SpotifyListen on Youtube
Hawaii
Summary

The speaker realizes that the average citizen of Hawaii, such as teachers or artists, cannot afford to buy the luxurious furniture sold in stores in Hawaii even though they live in expensive homes. Additionally, furnishing a home in Hawaii can cost anywhere from $50,000 to $150,000.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
Earning a million or two a year is typically reserved for bankers, consultants, self-employed doctors, and lawyers.
09:57 - 13:57 (04:00)
listen on SpotifyListen on Youtube
Wealth
Summary

Earning a million or two a year is typically reserved for bankers, consultants, self-employed doctors, and lawyers. Accumulating 10 to 20 million dollars without selling an asset is almost impossible, and it could take around 15 years to save 10 million dollars if one is spending 25 thousand dollars a month on living expenses.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The speaker reflects on their understanding of wealth and the realization that traditional forms of farming may not lead to financial success.
13:57 - 18:19 (04:21)
listen on SpotifyListen on Youtube
Wealth
Summary

The speaker reflects on their understanding of wealth and the realization that traditional forms of farming may not lead to financial success.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The podcast speaker discussed the mindset of someone who has worked for a decade to build skills and is now looking to earn five to ten million dollars in potential profits by launching a new product.
18:19 - 21:30 (03:11)
listen on SpotifyListen on Youtube
Entrepreneurship
Summary

The podcast speaker discussed the mindset of someone who has worked for a decade to build skills and is now looking to earn five to ten million dollars in potential profits by launching a new product. They also mention being introduced to someone who has a similar mindset and shared ten examples with them.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
An individual has developed three apps simultaneously in the top 10 overall in both paid and free categories resulting in over a hundred million dollars in revenue, and earning over 10 million dollars per year.
21:30 - 25:09 (03:38)
listen on SpotifyListen on Youtube
App Development
Summary

An individual has developed three apps simultaneously in the top 10 overall in both paid and free categories resulting in over a hundred million dollars in revenue, and earning over 10 million dollars per year.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The guest discusses how he helped transform the car-buying industry by publishing price information online to combat price discrimination and highlights the importance of e-commerce in the current market.
25:09 - 29:41 (04:31)
listen on SpotifyListen on Youtube
Car Dealership
Summary

The guest discusses how he helped transform the car-buying industry by publishing price information online to combat price discrimination and highlights the importance of e-commerce in the current market.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
Softbank's involvement in the tech market, particularly through investments in companies like Uber and Fair, has led to a decline in profits.
29:41 - 32:37 (02:56)
listen on SpotifyListen on Youtube
Softbank
Summary

Softbank's involvement in the tech market, particularly through investments in companies like Uber and Fair, has led to a decline in profits. However, Softbank has expressed interest in the electric vehicle market by envisioning the purchasing process to resemble that of a subscription service.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The production of cars is a challenge that greatly affects an individual's net worth, as cars function as avatars when people move around in the world.
32:37 - 36:04 (03:27)
listen on SpotifyListen on Youtube
Cars
Summary

The production of cars is a challenge that greatly affects an individual's net worth, as cars function as avatars when people move around in the world.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The podcast discusses the rise and fall of a tech CEO who made mistakes, creating controversy and hate.
36:04 - 39:12 (03:08)
listen on SpotifyListen on Youtube
Entrepreneurship
Summary

The podcast discusses the rise and fall of a tech CEO who made mistakes, creating controversy and hate. The discussion explains why people enjoy hating on successful individuals and how taking risks is appreciated despite failure.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
A discussion about the self-confidence of entrepreneurs and a mention of the cost of FSD full self-driving for autopilot technology.
39:12 - 42:56 (03:44)
listen on SpotifyListen on Youtube
Entrepreneurship
Summary

A discussion about the self-confidence of entrepreneurs and a mention of the cost of FSD full self-driving for autopilot technology.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
Bitpipe is a company that owns around 10-20 publications that discuss buying software for large companies.
42:56 - 49:11 (06:14)
listen on SpotifyListen on Youtube
Business
Summary

Bitpipe is a company that owns around 10-20 publications that discuss buying software for large companies. While some may see this business model as pessimistic, being optimistic and following successful entrepreneurs is more enjoyable and could lead to potential success.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The speaker discusses how trade magazines can provide information on vendors and events for HR software, specifically mentioning a 100-person trade show in Vegas that discusses how to choose HR software.
49:12 - 51:48 (02:36)
listen on SpotifyListen on Youtube
HR software
Summary

The speaker discusses how trade magazines can provide information on vendors and events for HR software, specifically mentioning a 100-person trade show in Vegas that discusses how to choose HR software.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
This episode explores the world of B2B sales and how companies like Workday use subtle tactics to market their products to other businesses.
51:48 - 54:26 (02:37)
listen on SpotifyListen on Youtube
Business-to-Business Sales
Summary

This episode explores the world of B2B sales and how companies like Workday use subtle tactics to market their products to other businesses.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The speaker talks about a person who wrote a long and market-style essay, discussing the unnecessary nature of certain elements in an ecosystem and justifying bullying nerds.
54:26 - 57:26 (03:00)
listen on SpotifyListen on Youtube
Podcast Transcript
Summary

The speaker talks about a person who wrote a long and market-style essay, discussing the unnecessary nature of certain elements in an ecosystem and justifying bullying nerds. However, the speaker expresses disagreement towards the idea of condoning bullying but feels that faking intellect should not be accepted.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million
The speaker discusses a letter written by Henry Ward from Carta reflecting on their mistakes as a company, causing them to lose some customers.
57:26 - 59:09 (01:43)
listen on SpotifyListen on Youtube
Business
Summary

The speaker discusses a letter written by Henry Ward from Carta reflecting on their mistakes as a company, causing them to lose some customers. The speaker compares their tooth sensitivity to the feeling one may experience reading the letter as a Carta customer.

Episode
The New WeWork, How to Make $10M In 3 Months, and More
Podcast
My First Million