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Do you like free stuff?
Do you like following the greatest podcast ever?

Announcing to My First Million's My First Million Challenge.

It's simple. We're doing a fitness challenge:

100 push ups

100 burpees (nipples to the ground)

100 air squats


Done as fast as you can. 

Here's how to qualify:

Film yourself doing the challenge

Speed up the clip

Make it fun

Post your video on Twitter and tag @thesamparr and @shaanvp


We're giving away prizes!

1 Cold Plunge to the fastest man (+$5,000 value)

1 Cold Plunge to the fastest woman (+$5,000 value)

NIKE Strength equipment to the most entertaining video

NIKE Strength equipment to the hardest effort

NIKE Strength equipment to the best costume


The fine print: You must be subscribed to the My First Million YouTube Channel and subscribed to the podcast to win. Honor the Gentleman's Agreement. We won't check but we make content for you so please pay us back by supporting our channels. 

Contest lasts from May 10th to 12th

The Announcement You've Been Waiting For...

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.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Entrepreneurship

Episode 587:  Andrew Wilkinson ( https://twitter.com/awilkinson ) teaches the exact step-by-step process he uses to find, diligence, hire, and transition a great CEO. 
Get Andrew’s CEO Hiring Guide and Checklist - https://tinyurl.com/ms8938kn
—
Show Notes:
(0:00) Intro
(1:36) Why you need a CEO
(4:44) The third door: leave the business, keep the cash flow
(8:48) Get back to your flow state
(10:46) Step 1: Are you ready to hire a CEO?
(15:16) Is this going to hurt my business?
(16:46) Step 2: Find the RIGHT CEO
(17:52) Hiring a recruiter
(21:34) Look for a #2 with the right hammer
(23:23) Be a collector of people
(27:14) Step 3: Diligencing the candidate
(28:48) Green flags, yellow flags, and red flags
(32:21) 2x not 20x
(34:41) Step 4: First 100 days
(36:35) Don't poison the water
(38:12) Flesh wounds not mortal wounds
(40:06) Meet them in person
(40:29) More on diligencing: Trust but verify
(42:38) The DIY path
(44:48) Step 5: Negotiating and structuring compensation
(46:34) Uncapped bonuses vs equity
(49:55) Myth: Is a founder-led business always better?



—
Links:
• Burke and Associates - https://burkeandassociates.com/executive-search/
• Business Intelligence Advisors - https://www.biadvisors.com/
﻿• Never Enough - https://neverenough.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

A Masterclass On Hiring A CEO To Run Your Company ft. Andrew Wilkinson

Episode 586: Shaan Puri sits down with Mohnish Pabrai for a rare interview about value investing. 

Mohnish is sometimes called the "Indian Warren Buffett" for having turned $1M into over $1B+ through stock investing. In this podcast they talk about how founders can become great investors, how to avoid big mistakes, and lessons learned from Buffett & Munger. 

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
(1:41) Why entrepreneurs make the best investors
(4:130) How Warren Buffett’s pre-paid for his college education
(8:45) Becoming Ben Graham’s Protege
(12:41) What Buffett learned about branding from See’s Candies
(15:45) Buffett’s failed play to be a candy mogul
(18:44) Identifying offering gaps
(20:22) Getting an MBA at age 14 as the son of an entrepreneur
(23:33) The 3 tells of a future millionaire
(25:56) Mohnish builds his first product with maxed out credit cards at 24
(27:59) The 168 hour framework
(31:13) “Entrepreneurs do not take risks”
(32:38) How Richard Branson launches Virgin Atlantic with no money
(35:31) How 0.1 percent of the population owns 70 percent of all the motels in America
(38:31) The unfair advantage of being a low-cost producer
(40:20) How Mohnish turned his first million into $13M in 5 years
(43:39) Pabrai Funds grows to $600M in assets in less than 10 years
(47:35) What Mohnish knows about fundraising that we don’t
(50:26) Pivoting from tech investments in 1999 to value investments
(53:13) $2M lunch with Warren Buffett
(58:09) Be a harsh grader of people
(1:01:53) The Givers, The Takers, and The Matchers
(1:04:40) “Heads I win, tails I don’t lose much”
(1:09:26) Private markets v public auctions
(1:13:35) The #1 trait that makes a great investor
(1:15:01) What people of Reddit think of Mohnish Pabrai
(1:16:31) Starting capital, annual rate of return, length of runway
(1:17:24) The Rule of 72
(1:21:50) Circle the Wagons Philosophy
(1:23:35) Losing $3B in one unfortunate event
(1:28:49) Be fearful when the world is greedy; Be greedy when the world is fearful
(1:29:17) What a value investor thinks of bitcoin
(1:30:26) Nick Sleep bets
(1:42:30) The Best Of: Capital Allocators


—
Links:
• The Intelligent Investor - https://tinyurl.com/3jmpjrmc
• The Dhandho Investor - https://tinyurl.com/53p9bhfv
• Mohnish on Twitter - https://twitter.com/MohnishPabrai
• Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym

—
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

Turning $1M Into $1B+: A Masterclass From The Indian Warren Buffett

Episode 585:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the 5 most outrageous, eccentric, and mysterious businessmen alive right now.  

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) 5 - James Bond with Wifi, Pavel Durov
(12:16) 4 - The Russian Richard Brandon, Oleg Tinkov
(22:08) 3 - The Walking Middle Finger, Sean Parker
(38:06) 2 - The Guy Who Won The Game And Walked, Tom Anderson
(45:40) 1 - The Israeli Great Gatsby, Aviv Nevo


—
Links:
• Pavel Durov on Twitter - https://twitter.com/durov
• VK - https://vk.com/vk
• Pavel Durov on Instagram - https://www.instagram.com/durov/
• Telegram - https://telegram.org/
• Napster - https://www.napster.com/us
• David Choe on Howard Stern - https://www.youtube.com/watch?v=XS6awjpIimw
• Opportunity zones - https://eig.org/opportunity-zones/about-ozs/
• Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym


—
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

The 5 Most Interesting Businessmen Alive...

Episode 584:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about using the massive upside of investing in your P&L, the ballsy-ness of Nick Huber and how to turn your annual income intro your monthly income. 

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) Shepherd gets acquired for $50M
(5:44) Invest in your P&L
(7:57) The ballsiness of Nick Huber
(13:42) The evolution of celebrity partnerships
(17:04) A large, trusted audience
(20:30) 2. Product-audience fit
(21:42) 3. That Viral Touch
(22:12) Creators who are the best at this
(29:29) $280 millions dollar tumblers
(31:10) Giving as you go: Do it early, make it uncomfortable
(37:11) The curse of familiar riches
(39:57) How to 10x your annual income
(48:32) For the same inputs, can you get more outputs
(50:08) Acting As If


—
Links:
• Shepherd - https://www.supportshepherd.com/
• The Sweaty Startup - https://sweatystartup.com/
• Dr DisRespect - https://www.youtube.com/user/drdisrespect
• Truemed - https://www.truemed.com/
• SimpleModern - https://www.simplemodern.com/
• Empower - https://www.empower.com/
• Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym


—
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

Shaan Tells All: Shepherd Sells For $52M, Paper Gains, Plus Why B2B Influencers Are Coming

Episode 583:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the genius business model of Hunt Brothers Pizza, and bring you three totally different inspirational stories of people doing cool shit. 

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) Shaan gets triggered
(3:16) $540M ARR Pizza Business
(14:02) This silly game is making $22M a year
(22:11) Shaan's white collar side hustle of the week
(26:48) "The house always has an edge"
(33:08) Nick Gray's unconventional dating experiment
(37:22) Real life Rom Com plays out on Twitter
(45:23) Scott Galloway: "I can get down but I won't stay down"
(50:11) How To Lose Weight In 4 Easy Steps


—
Links:
• Jambys - https://www.jambys.com/
• Hunt Brothers Pizza - https://www.huntbrotherspizza.com/
• Geoguessr - https://www.geoguessr.com/
• The New Yorker article - https://tinyurl.com/yh95wcm8
• Nick Gray on Twitter - https://tinyurl.com/pjctk56b
• “How To Lose Weight In $ Ebay Steps” - https://tinyurl.com/yw7u4xbp
• Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym
—
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

The Announcement You've Been Waiting For...

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