My First Million
Get our Resource Vault – a curated collection of pro-level business resources: https://clickhubspot.com/ebh
Episode 785: Shaan Puri (https://x.com/ShaanVP ) talks to Nick Huber ( https://x.com/sweatystartup ) about the biggest bet he ever made and the mistakes he learned the hard way.
Email Nick@SweatyStartup.com to get hooked up with a pre-vetted salesperson, finance person or executive assistant.
Show Notes:
(0:00) Intro
(3:24) Breaking down Nick’s portfolio
(8:49) The deal structure and terms
(11:20) Fail: Buying a domain for $400K, killing out traffic
(12:24) Fail Elon bought twitter + I invited competition
(16:49) new owner syndrome
(18:43) How to hire overseas talent (10-min masterclass)
(27:18) Pieter Thiel’s Stanford class
(30:17) Suli’s brutal advice
(34:23) Holdcos is overrated
(36:04) The tortoise always wins
(38:52) one big thing
(47:25) Roofing
(51:07) Self-storage
—
Links:
• Somewhere – https://somewhere.com/
—
Check Out Shaan’s Stuff:
• Shaan’s weekly email – https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury – Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
—
Check Out Sam’s Stuff:
• Hampton – https://www.joinhampton.com/
• Ideation Bootcamp – https://www.ideationbootcamp.co/
• Copy That – https://copythat.com
• Hampton Wealth Survey – https://joinhampton.com/wealth
• Sam’s List – http://samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /
TikTokers Making TV Shows For $5,000 With Millions Of Views, and Other Ways To Make $ Online
Episode 400: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about TikTokers making shows with millions of views, the success of Coffeezilla debunking internet myths, the power of Click Funnels for making money online and…
Fyre Festival’s Billy McFarland Tells Us His Next Move, Lessons Learned In Jail, and More
Episode 399: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk to Billy McFarland talks about the failures of Fyre Festival, lessons learned, and his latest business venture, PYRT. —– Links: * PYRT * Bounty Hunter…
Austin Rief: Building Morning Brew, The Ultimate Guide to Building Newsletter Businesses, Side Hustle Ideas, & More
Episode 398: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk to Morning Brew Founder & CEO Austin Rief (@austin_rief) about building, growing and selling a newsletter valued at $75M in 5 years, whether newsletter businesses…
BREAKING: Shaan Sells the Milk Road – A Conversation With the Buyers
Episode 397: Shaan Puri (@ShaanVP) talks with Kendall Saville and Michael Wittmeyer about their decision to buy Milk Road, their background in gambling affiliates, gold, and crypto, and much more. —– Links: * JM Bullion…
University of Michigan Students Pitch Us Their Startups For $5000 Prize Money
Episode 396: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) judge the My First Million pitch competition with students at the University of Michigan for a prize of $5,000. Some impressive ideas… find out who wins.…
Lessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
Episode 395: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about Shaan’s interview with entrepreneur, investor, author, podcaster, and lifestyle guru, Tim Ferriss (@tferriss). They review his money and life advice, as well as his…
Paul English: How He Built And Sold 6 Companies And Why He Believes Irritation Becomes Inspiration
Episode 394: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk with entrepreneur and Kayak co-founder, Paul English (@englishpaulm) about his latest business ideas, his famous missed investments, how to become a strong recruiter, and why…
Unpopular Truths From The Pod, Gourmet Gifts, and 4 Side Hustles
Episode 393: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about the unpopular – yet valuable – lessons they have learned on My First Million, $1,000/day side hustles, and gourmet gift ideas. —– Links: *…
Controversies, Disrupting High End Real Estate, And The Best Way To Use Twitter
Episode 392: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about all the controversies… FTX drug use, Liver King admits to steroid use, and the curious case of Katie Haun. Plus, disrupting the multi-million real…
Mind-Blowing AI Tools, 2023 Goals, & Money Making Arbitrage Schemes
Episode 391: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about their new favorite AI tool, how to make money from arbitrage, goal setting for 2023, and more. —– Links: * Character.AI * Adept *…