Episode
The World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
53:05
Published: Thu Mar 02 2023
Description
Episode 425: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about the richest man in the world - not Elon or Bezos, working with people you've never met, and Shaan's latest D2C business idea. Interested in working with Shaan as the CMO for Guts? Email [email protected]. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com ----- Links: * LVMH * Chris Sparling Twitter * Tiny * Olipop * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Show Notes: (02:05) - Working with people you've never met (08:05) - Billy of the week: Bernard Arnault (18:05) - Chris Sparling (30:35) - Are you learning the right lesson from this? (40:35) - Who generates more ideas? Sam or Shaan? (42:50) - Shaan's DTC idea ----- 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
A story about a high school student in Hong Kong who built an amazing project and caught the attention of the speaker, who expressed admiration and desire to work with him.
00:00 - 01:02 (01:02)
Summary
A story about a high school student in Hong Kong who built an amazing project and caught the attention of the speaker, who expressed admiration and desire to work with him.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The speaker shares their personal experience of building strong relationships with colleagues and friends online before meeting them in person, highlighting the importance of trust in the digital world.
01:02 - 04:28 (03:25)
Summary
The speaker shares their personal experience of building strong relationships with colleagues and friends online before meeting them in person, highlighting the importance of trust in the digital world.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The speaker explains that even if it seems creepy, building relationships with people online can be a successful way to do business and turn little projects into meaningful ventures.
04:28 - 08:41 (04:13)
Summary
The speaker explains that even if it seems creepy, building relationships with people online can be a successful way to do business and turn little projects into meaningful ventures.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The fashion industry is not just about creativity but also requires business acumen, as demonstrated by Christian Dior's success as a luxury brand.
08:41 - 12:07 (03:25)
Summary
The fashion industry is not just about creativity but also requires business acumen, as demonstrated by Christian Dior's success as a luxury brand. However, family businesses in the industry can struggle with balancing style and commerce.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The speaker discusses how he is more interested in individuals like Chris, who have made their own paths and taken risks with their businesses, compared to individuals who are just VP at companies like Google.
12:07 - 17:10 (05:02)
Summary
The speaker discusses how he is more interested in individuals like Chris, who have made their own paths and taken risks with their businesses, compared to individuals who are just VP at companies like Google.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
Two individuals discuss the life of an accountant and how it can be mundane and quiet compared to other professions.
17:10 - 20:50 (03:40)
Summary
Two individuals discuss the life of an accountant and how it can be mundane and quiet compared to other professions.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
In this podcast, the speaker discusses how innovative analogies are used in business conversations to explain complex concepts or ideas, drawing from anecdotes of a charismatic businessman.
20:50 - 24:02 (03:12)
Summary
In this podcast, the speaker discusses how innovative analogies are used in business conversations to explain complex concepts or ideas, drawing from anecdotes of a charismatic businessman.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
A conversation about sharing fun and crazy stories from your drunken days, with no particular meaning or substance.
24:04 - 29:38 (05:34)
Summary
A conversation about sharing fun and crazy stories from your drunken days, with no particular meaning or substance.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The host suggests that families spend an average of three to five hours a day on meal preparation, which can be unhealthy and not tasty.
29:38 - 35:26 (05:48)
Summary
The host suggests that families spend an average of three to five hours a day on meal preparation, which can be unhealthy and not tasty. The conversation turns to reflecting on learning the wrong lessons in life.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The hosts discuss the importance of clear communication and avoiding language habits such as overuse of the word "like".
35:26 - 39:41 (04:15)
Summary
The hosts discuss the importance of clear communication and avoiding language habits such as overuse of the word "like".
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
A discussion about the struggles of owning and operating a business, including incubation and CEO hire.
39:41 - 42:38 (02:56)
Summary
A discussion about the struggles of owning and operating a business, including incubation and CEO hire.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The speaker compares the appearance of probiotic juice to cleaning solution but emphasizes that it's marketed as a healthy drink for gut health similar to LaCroix.
42:38 - 46:43 (04:05)
Summary
The speaker compares the appearance of probiotic juice to cleaning solution but emphasizes that it's marketed as a healthy drink for gut health similar to LaCroix.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The podcast hosts discuss creating a dating site where guests can be matched with potential partners based on questions they answer on the show, as well as an assistant who manages their emails by triaging them into categories for easy navigation.
46:44 - 50:26 (03:42)
Summary
The podcast hosts discuss creating a dating site where guests can be matched with potential partners based on questions they answer on the show, as well as an assistant who manages their emails by triaging them into categories for easy navigation.
EpisodeThe World's Richest Fashion Billionaire, A New D2C Biz Idea, And Working With People You've Never Met
PodcastMy First Million
The hosts of the podcast consider creating merchandise, discussing potential ideas and placing emphasis on fun over financial gain.
50:22 - 51:41 (01:19)
Summary
The hosts of the podcast consider creating merchandise, discussing potential ideas and placing emphasis on fun over financial gain. They also express a distaste for Patreon and those who use it.