My First Million

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Episode 802: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to 19-year-old Zach Yadegari ( https://x.com/zach_yadegari ) about selling his $50M/yr app to MyFitnessPal. 

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Show Notes: 

(0:00) How much?

(1:57) getting rejected from Stanford

(5:45) 60-second origin story

(7:27) “your biggest skill is your audacity”

(12:50) the truth about selling a company

(23:24) dos and don’ts

(27:04) Zach’s douchebag arc

(29:44) first dumb purchase

(33:08) decisions that made the app worth $100M

(43:51) Idea 1: Semantic search on IG

(45:10) Idea: apps 

(48:00) filter for good ideas

(54:27) Dinner w/ Steve Cohen

(1:03:39) Where Zach is putting his money

(1:05:58) What Zach sucks at

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Links:

• Cal AI – https://www.calai.app/ 

• MyFitnessPal – https://www.myfitnesspal.com/ 

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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

• I run all my newsletters on Beehiiv and you should too + we’re giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

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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 /