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 /
One Question Friday: Someone Stole My NFTs
Shaan Puri (@ShaanVP) and Ben Levy (@Benmlevy) answer one listener’s question. On this episode, Collin asks how to deal with defeat after his NFTs were stolen. To submit your question and hear yourself on My…
How Content Creators Make Millions
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about how easy it is for content creators to make millions, the women of Elon Musk, trademark scams, and more. —– Links: * Naked and Afraid *…
Billion Dollar Ad Arbitrage: Opportunities Hidden in Plain Sight
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about surprising ad arbitrage opportunities, getting vaccinated against cancellation, new media properties, and more. —– Links: * Outcome Health (acquired by Patient Point) * Cheddar News *…
One Question Friday: How Do You Scale A Ghost Kitchen Business?
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) answer one listener question. On this episode, Brian asks how he should grow his successful ghost kitchen business. To submit your question and hear yourself on My First…
Elon Musk, Mobile Minorities, and How to Overcome Fear
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) react to Elon Musk’s purchase of Twitter and much more. —– Links: * Aceable * Vitalchek * Relx * Do you love MFM and want to see Sam…
My First Million’s Origin Story, How to Find Winners, and More
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about the roadmap for new start-ups, how the podcast came to be and much, much more. —– Links: * CyberLeads * @alexwestco * Indie Hackers * DeadEyes…
One Question Friday: To Raise or Not To Raise?
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer one listener question. On this episode, Matt from North Carolina asks whether he should raise money to grow his business. To submit your question and hear yourself…
How to Interact with Famous People, The In-Person Event Playbook, and More
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about their interactions with famous people and how to leave a good impression, how in-person events make money (and why they’re only getting bigger), and much more.…
How to Get Famous on Twitter and Other Listener Questions
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer your Twitter questions about how they found success. —– Links: * Do you love MFM and want to see Sam and Shaan’s smiling faces? Subscribe to our…
EMERGENCY POD: ELON BUYING TWITTER – Our Reaction and Explanation (Hilarious)
Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) react to Elon Musk’s attempted hostile takeover of Twitter. They analyze why he’s doing it, whether they think he’ll be successful, and more. —– Links: * Elon’s letter:…