My First Million
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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
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Links:
• Somewhere – https://somewhere.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
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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 /
#97 with Andrew Wilkinson – The Warren Buffett of the Internet Returns
Today’s episode is brought to you by Lemon.io. They are offering an exclusive 15% discount for the first 6 weeks of work for all the MFM fans. Go to Lemon.io/mfm to claim your offer today.…
#96 – The Entrepreneur Betting Billions On American Passenger Trains
Today’s episode is brought to you by Lemon.io. They are offering an exclusive 15% discount for the first 6 weeks of work for all the MFM fans. Go to Lemon.io/mfm to claim your offer today.…
#95 with Craig Clemens of Golden Hippo – The 9-Figure Business You’ve Never Heard Of
Shaan and Sam are joined by the founder of Golden Hippo, Craig Clemens this episode. Craig talks about Golden Hippo’s brands, how he got his start, how to launch a new product, and a bunch…
#94 – Is GPT-3 the Next Big Thing?
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: GPT-3, a business referral network, better…
#93 – Why Tai Lopez Bought Pier One
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: on being a wartime CEO, Bonsai…
#92 – A Three Month Old Company Profiting $90,000 A Day
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: Ford’s small raise, a mask business…
#91 with Ben Askren – The UFC Star Turned Crypto Investor
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan, Sam and Ben talk: Ben’s growing wrestling empire, embracing…
#90 – How a Newsletter Generates $2m With Only 5,000 Subscribers
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: leadership in turbulent times, the business…
#89 – The Man Who Gamed Uber
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. This episode includes: Abhishek Kumar Maurya, the founder of UberPro.In; the companies…
#88 with Greg Isenberg (part 2) – Why Plugins Are Big Business
Joined our private FB group yet? It’s a page where people share each others million dollar ideas or what they’re already working on: https://www.facebook.com/groups/ourfirstmillion. The guys discuss: Andrew Wilkinson Hey.com replacer, VidIQ for influencers, why Grammarly…