614 episodes

Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.

My First Million HubSpot Podcast Network

    • Business
    • 4.8 • 2.3K Ratings

Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.

    We Turned $5M Into $419M Buying Cashflow Businesses ft. Jeremy Giffon

    We Turned $5M Into $419M Buying Cashflow Businesses ft. Jeremy Giffon

    Episode 573: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Jeremy Giffon about how Tiny Capital turned $5M in equity into 30 profitable companies. 

    Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5



    Show Notes:
    (0:00) Humble beginnings at Tiny Capital
    (4:40) Tiny’s first acquisition
    (8:17) 50X return on Dribbble
    (10:14) Skip the cash flow statements
    (11:57) How to spot the opportunity
    (14:00) Chris’s superpower
    (16:20) Stomaching aggressively low offers
    (17:46) Make an offer and stop talking
    (19:36) It’s not you vs. them
    (22:06) "What would need to be true to make this deal?"
    (23:03) How to crush the cold email
    (25:15) Worst deal -- ignored red flags, lost everything
    (27:00) Best deal: Mealime (25X return)
    (29:16) Weirdest deal ($36.00 acquisition)



    Links:
    • Tiny Capital - https://www.tiny.com/
    • Dribbble - https://dribbble.com/
    • Metalab - https://www.metalab.com/
    • Mealime - https://www.mealime.com/



    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


    Check Out Shaan's Stuff:
    Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd


    My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano





    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.

    Other 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

    • 35 min
    I Spent 7 Days With The Richest Men In Texas | 10 Things I Learned

    I Spent 7 Days With The Richest Men In Texas | 10 Things I Learned

    Episode 572: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the 10 revelations learned from spending a week with Texas billionaires. 
    Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5

    Show Notes:
    (0:00) Tim Ferriss asks Shaan a hard question (panic ensues)
    (2:46) The Indian Warren Buffett
    (7:25) "Investing is not a team sport"
    (8:31) Mohnish Pabrai’s Nap Room
    (10:28) Required reading list of a billionaire
    (11:47) He built 5 billion-dollar companies by 41
    (15:39) 5 Revelations from a day with Joe Lonsdale
    (19:50) The final level of the money game: private chefs, full size basketball court, etc
    (20:52) Nick Gray, cocktail party legend
    (23:45) Hanging out with smarter people
    (27:17) Nerd sports that make the best entrepreneurs
    (31:17) Pay attention to what other people pay attention to
    (33:47) Ben Levy's superpower as a superconnector



    Links:
    • The Dhando Investor - https://tinyurl.com/53p9bhfv
    • PeachyBbies - https://peachybbies.com/


    Check Out Shaan's Stuff:
    Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd


    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


    My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano





    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.

    Other 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

    • 44 min
    How I Reverse Engineered A $100 Million Exit - Jason Lemkin

    How I Reverse Engineered A $100 Million Exit - Jason Lemkin

    Episode 571: Sam Parr (https://twitter.com/theSamParr) talks to Jason Lemkin (https://twitter.com/jasonlk ) talk about the 7 rules of building a $100M business.

    Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5

    Show Notes:
    (0:00) Jason Lemkin’s first million
    (4:19) The rules of getting to a 9-figure exit
    (5:32) Rule 1: New minimum is $400K per employee
    (7:58) Rule 2: Go multi-product
    (9:40) Rule 3: Your second product must be bigger than your first product
    (11:05) Cheat code: Double your prices
    (13:48) Rule 4: 30% of your revenue is international
    (15:43) Rule 5: Localize your product
    (19:05) Cheat code: Remove friction
    (22:42) Rule 6: 100% net revenue retention
    (29:01) Business models that won’t get you there
    (33:38) $100M conferences
    (39:35) Rule 7: Don’t raise double digit millions


    Links:
    • Saastr - https://www.saastr.com/
    • HLTH - https://www.hlth.com/


    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


    Check Out Shaan's Stuff:
    Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd




    My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

    • 48 min
    My Step-By-Step Process To Building a $1M+ Business

    My Step-By-Step Process To Building a $1M+ Business

    Episode 570: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) go through Sam’s journey of launching his company Hampton. It’s a step by step walkthrough of what went right and what went wrong. 
    Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5


    Show Notes:
    (00:00) Intro - A radically transparent look inside Hampton launch.
    (2:22) The beginning of the idea just after Sam sells The Hustle, starts tinkering with buying AirBnBs.
    (3:00) Fail #1: Short-term rental crew. Fail #2: Community of truckers.
    (4:30) The Hampton idea and what the business is. 
    (5:45) Fail #3: V1, V2, V3 of Hampton - no one wanted it
    (8:00) Accepted where the demand was and found the hook for Hampton. Research begins.
    (10:08) Where the name came from.
    (12:05) Hired a branding agency (This was a hack that helped build the brand)
    (14:12) Things Sam said no to 
    (17:00) Leverage the founder story
    (20:18) Shaan's branding agency experience
    (21:40) Shaan’s $25K Mistake: Hiring a naming agency
    (26:00) Takeaways


    Links:

    https://www.joinhampton.com/


    Hampton Brand Inspiration doc: https://tinyurl.com/4uw5a9sv



    Check Out Shaan's Stuff:
    Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd


    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


    My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

    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.

    Other 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

    • 30 min
    How To Get Sh*t Done Without Being Busy

    How To Get Sh*t Done Without Being Busy

    Episode 569: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) get into being productive without being a slave to your calendar. How to disable distractions, being effective vs being efficient, and living the unscheduled life.
    Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5


    Show Notes:
    (0:00) The joy of an unscheduled life
    (01:56) Maker vs manager schedule
    (02:32) Working in intentional spaces
    (04:59) Living without a to-do list
    (05:27) Reverse engineer your ideal day
    (8:26) "Show me your calendar and I'll show you your priorities"
    (09:19) Name your top 3 (quarterly)
    (12:56) Disable distractions
    (13:33) Be effective, not efficient
    (14:55) Do the big thing first
    (16:30) No loser works out at 7:00 am
    (17:47) The barbell strategy for building relationships
    (20:17) No as a default mode
    (21:04) Accepting the trade-offs


    Check Out Shaan's Stuff:
    Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd


    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


    My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano



    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.

    Other 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

    • 29 min
    3 Anti-Comfort Businesses That Are Making Millions

    3 Anti-Comfort Businesses That Are Making Millions

    Episode 568: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) challenge each other to the Japanese practice of misogi, plus they’re breaking down the new economy of suffering. 
    Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5


    Show Notes:
    (0:00) Intro
    (2:20) Sam challenges Shaan to a Misogi
    (5:13) The rules of Misogi
    (11:42) Shaan challenges Sam to not be bothered
    (14:04) The Speed Project
    (15:08) The Monkey Run
    (16:00) Barkley Marathon
    (18:38) Iconic branding
    (20:02) "The definition of luxury is dominating your customer"
    (21:48) Shaan's favorite luxury brand: Harvard
    (27:16) How to put a 10% remix on an idea
    (29:09) Remixing corporate merch
    (30:50) Greg Isenberg gets a free jacket, starts a movement
    (32:58) Marissa Mayer's hilarious launch
    (37:01) Management Time: Who’s Got the Monkey?
    (47:55) $14K Specialty beds



    Links:
    • Jesse Itzler’s Big A## Calendar - https://jesseitzler.com/products/calendar-2024
    • The Comfort Crisis - https://eastermichael.com/book/
    • Monkey Run - https://www.theadventurists.com/monkey-run/
    • The Speed Project - https://www.instagram.com/thespeedproject
    • Exporting American prestige - https://tinyurl.com/2k76ssdz
    • Marissa Mayer’s hard launch - https://twitter.com/marissamayer/status/1772664475331473680
    • “Management Time: Who’s Got The Monkey” - https://hbr.org/1999/11/management-time-whos-got-the-monkey
    • Cubby Beds - https://cubbybeds.com/



    Check Out Shaan's Stuff:
    Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd


    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


    My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano





    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.

    Other 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

    • 57 min

Customer Reviews

4.8 out of 5
2.3K Ratings

2.3K Ratings

girlpower5678 ,

Amazing

This podcast rocks ! You learn so much from every episode! I absolutely love it

Radpops ,

Great Show!

I love listening to MFM. Lots a great actionable insights!

Bigabe2002 ,

Entertaining Informative & Inspirational

"My First Million" is an engaging podcast blending entertainment, insightful advice, and motivational stories. It makes complex business concepts accessible and inspiring for aspiring entrepreneurs or anyone interested in success stories. A must-listen for a dose of inspiration and practical guidance in the entrepreneurial journey. Highly recommended!

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