Episode
Why "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
1:15:32
Published: Wed Feb 23 2022
Description
Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) bring you the second edition of the Player Hater's Ball. They discuss the things they think don't work: bad business ideas, bad investing advice, bad life advice, and more. ----- * 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: (00:25) - Silent retreat in Portugal (04:10) - The raw meat experiment (14:30) - Desperation-Induced Focus (23:30) - Specialty License Plates (30:00) - Sam's pickup line to his wife (33:45) - Dharmesh's Wordle copycat and people who make things (44:35) - Start of listener questions: What do you hold in your portfolio? (47:30) - How to negotiate value of company you're selling (58:15) - How many Twitter notifications do you get per day? (01:08:05) - What would you invest in for the other person? ----- Links: * https://wordplay.com/firstword * https://rkg.blog/desperation-induced-focus.php * https://www.instagram.com/rawmeatexperiment/?hl=en ----- 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
Discover how a CRM system can automate tasks, centralize data, and streamline customer interactions to help reach business goals.
00:00 - 01:38 (01:38)
Summary
Discover how a CRM system can automate tasks, centralize data, and streamline customer interactions to help reach business goals. In addition, businesses are reevaluating old school CRM platform bills and seeking cost-effective solutions.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
Discussion about a retreat in Portugal and its impact on interest in Portuguese culture and music.
01:38 - 05:11 (03:33)
Summary
Discussion about a retreat in Portugal and its impact on interest in Portuguese culture and music.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The speaker talks about a friend who eats giant raw pieces of salmon like a burrito and how he slightly hopes the friend will die from bacteria due to the risky behavior.
05:11 - 07:09 (01:57)
Summary
The speaker talks about a friend who eats giant raw pieces of salmon like a burrito and how he slightly hopes the friend will die from bacteria due to the risky behavior.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
A discussion about the high salaries offered to engineers, including equity grants and cash, by tech companies like Brex, and how the competition between companies can lead to engineers being poached for work.
07:09 - 11:18 (04:09)
Summary
A discussion about the high salaries offered to engineers, including equity grants and cash, by tech companies like Brex, and how the competition between companies can lead to engineers being poached for work.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The true value of employee compensation is not just in the number of dollars being paid, but in the amount of value the company is getting from each employee.
11:18 - 16:37 (05:19)
Summary
The true value of employee compensation is not just in the number of dollars being paid, but in the amount of value the company is getting from each employee. While some may feel that they are overpaid, the company is actually getting more value than what they are giving out in compensation.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The speaker emphasizes the importance of burning bridges to achieve success, mentioning that once the main mission of making a profit is accomplished, attention can be shifted to other aspects such as planning process, performance reviews, among others.
16:37 - 22:39 (06:02)
Summary
The speaker emphasizes the importance of burning bridges to achieve success, mentioning that once the main mission of making a profit is accomplished, attention can be shifted to other aspects such as planning process, performance reviews, among others. Additionally, the speaker advises people to commit themselves entirely to their goal and not waste time on other things.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
A story is shared about a man wearing an army t-shirt and being saluted in public, highlighting the significance of symbolism and respect.
22:39 - 25:12 (02:33)
Summary
A story is shared about a man wearing an army t-shirt and being saluted in public, highlighting the significance of symbolism and respect.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
Learn about how websites like Texas vanity plates and Disney licensing deals work to guarantee revenue for governments and companies alike.
25:13 - 28:09 (02:56)
Summary
Learn about how websites like Texas vanity plates and Disney licensing deals work to guarantee revenue for governments and companies alike.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The strategy of merchandising can be applied not only to sports teams or movie franchises as we see in popular culture but also to individuals, influencers or creators.
28:09 - 31:42 (03:32)
Summary
The strategy of merchandising can be applied not only to sports teams or movie franchises as we see in popular culture but also to individuals, influencers or creators. It can help build an emotional connection with fans and to kickstart a brand, as exemplified by Vine star Logan Paul's collaboration on merchandising with guest Rian Bosak.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The tone of voice and emphasis on certain words can make a huge difference in how a message is received, particularly when it comes to flirting.
31:42 - 35:03 (03:20)
Summary
The tone of voice and emphasis on certain words can make a huge difference in how a message is received, particularly when it comes to flirting. Understanding what makes someone smile or feel uncomfortable is key to successful communication.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The podcast episode includes a discussion about a neurosidy device and using YouTube as a learning tool for children's homework.
35:03 - 40:21 (05:17)
Summary
The podcast episode includes a discussion about a neurosidy device and using YouTube as a learning tool for children's homework.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
A growth hacker's success story shows how individuals who are scrappy and experiment with different ideas have a higher likelihood of making a trajectory-changing impact within a company rather than someone with years of experience who never tinkers.
40:21 - 43:39 (03:18)
Summary
A growth hacker's success story shows how individuals who are scrappy and experiment with different ideas have a higher likelihood of making a trajectory-changing impact within a company rather than someone with years of experience who never tinkers.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
Knowing the numbers of your competitors is crucial in business, and those who lack numerical competence can be a red flag.
43:39 - 50:20 (06:40)
Summary
Knowing the numbers of your competitors is crucial in business, and those who lack numerical competence can be a red flag. Excel and SQL are important tools to use for data analysis.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The speaker describes their experience pitching their product to companies, using a confident approach and sometimes resorting to desperation when met with silence.
50:21 - 56:15 (05:54)
Summary
The speaker describes their experience pitching their product to companies, using a confident approach and sometimes resorting to desperation when met with silence.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The speaker talks about his stoner roommate who may have been using his mom's credit card and the importance of landing the plane as a CEO.
56:15 - 1:02:00 (05:45)
Summary
The speaker talks about his stoner roommate who may have been using his mom's credit card and the importance of landing the plane as a CEO.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
Summary
No summary possible due to unintelligible speech.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
The speaker shares tips on teaching, writing and how to get the most out of it.
1:05:21 - 1:08:25 (03:04)
Summary
The speaker shares tips on teaching, writing and how to get the most out of it. They suggest aiming to learn at least one new thing per hour and to not feel overwhelmed by the amount of information out there.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
This podcast discusses the challenges of maintaining audience interest and reach when offering courses multiple times a year, and the struggle to balance personal interests with audience demand.
1:08:25 - 1:11:28 (03:02)
Summary
This podcast discusses the challenges of maintaining audience interest and reach when offering courses multiple times a year, and the struggle to balance personal interests with audience demand.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
Weight lifting can help build confidence, provide a sense of accomplishment, and you don't need to spend a ton of money on equipment.
1:11:28 - 1:15:41 (04:12)
Summary
Weight lifting can help build confidence, provide a sense of accomplishment, and you don't need to spend a ton of money on equipment. Additionally, it can be a great way to pursue other interests or goals outside of the gym.
EpisodeWhy "Desperation Induced Focus" Is the Key to Success, Plus Listener Questions
PodcastMy First Million
Sean and his co-host play a word game and eventually guess the word “rugby”.
1:15:41 - 1:16:15 (00:34)
Summary
Sean and his co-host play a word game and eventually guess the word “rugby”.