Logo

    You Don’t Need A Mentor -> Focus On THIS Instead

    enAugust 12, 2024
    Who can be a game-changer in your career?
    What role do Scott Belsky and Tim Ferriss play?
    How can mentorship influence entrepreneurial success?
    Why is a high bias for action important for entrepreneurs?
    What is the value of authentic and constructive criticism?

    Podcast Summary

    • Believer in lifeA believer in your life can provide crucial encouragement and belief during pivotal moments in your career, fueling your own self-belief and helping you overcome initial doubts.

      Having a believer in your life, someone who believes in you more than you believe in yourself, can be a game-changer in your career. This person doesn't necessarily need to be an investor or advisor, but rather someone who sees potential in you when you may not see it in yourself. Their belief in you can serve as a catalyst, pushing you forward when you're facing hesitation or doubts. This belief can come in various forms, such as time, effort, or even just a few encouraging words. The specific individuals mentioned in the discussion, such as Scott Belsky and Tim Ferriss, served this role for the speaker, providing crucial encouragement and belief during pivotal moments in their careers. This belief can be a powerful force, fueling your own self-belief and helping you overcome initial doubts, much like jump-starting a car.

    • Validation from othersMeeting with successful entrepreneurs and receiving their validation can significantly boost self-confidence and belief in one's ideas, leading to personal growth and potential business success.

      Believing in yourself and the validation from others can have a profound impact on your confidence and motivation. The speaker shared a personal story about meeting with successful entrepreneurs and feeling validated by their belief in his ideas. This experience gave him a significant boost in self-confidence and a sense of being "the man." Additionally, the speakers on the podcast have collectively helped to boost the confidence of others by recognizing their potential and energy. The creation of a business idea database by HubSpot is a testament to the impact of the podcast and the potential for turning ideas into successful businesses. The validation and belief from others can serve as fuel for personal growth and success.

    • Power of belief and encouragementBelief and encouragement from others, even if based on false assumptions, can significantly impact one's success and provide the necessary motivation and confidence to overcome challenges and pursue ambitious goals.

      The power of belief and encouragement from others can significantly impact one's success, even if it's based on a false assumption or a seemingly insignificant conversation. The professor's belief in the speakers' ability to start a sushi restaurant chain, despite having no experience, fueled their determination and ultimately contributed to their success. This illustrates the importance of having believers and supporters in one's life, as their faith can provide the necessary motivation and confidence to overcome challenges and pursue ambitious goals. Additionally, the professor's genuine enthusiasm and excitement for the speakers' idea was contagious and played a crucial role in their decision to move forward with the business.

    • Mentorship and feedbackAuthentic and constructive criticism from experienced mentors can significantly impact a business's success. Being open-minded and responsive can lead to valuable lessons and progress towards goals.

      Seeking honest feedback and advice from experienced mentors can significantly impact the success of a business. In the discussed episode, the importance of authentic and constructive criticism was emphasized, as well as the value of being open-minded and willing to take action based on that advice. The second takeaway comes from the experience of encountering a mentor who genuinely cared and helped in a meaningful way. This mentor challenged the founders to question their assumptions and strategies, and the founders responded by taking immediate action and following up with their mentor. This dynamic is rare, but it highlights the importance of building a genuine and productive relationship with a mentor. By being humble, open-minded, and responsive, founders can learn valuable lessons and make significant progress towards their goals.

    • High bias for actionEncountering a successful entrepreneur and being promoted to CEO reinforced the importance of having a high bias for action in entrepreneurship. Staying informed about technological changes is also crucial.

      Having a high bias for action is a valuable trait for entrepreneurs. This was emphasized by an encounter the speaker had with a successful entrepreneur who labeled him as such, inspiring him to take decisive action even when unsure. Another influential figure, Michael Birch, promoted the speaker to CEO and gave a speech that solidified this mindset. The importance of staying informed about technological changes and their potential impact was also highlighted through the A16Z podcast. Overall, these experiences and lessons underscore the importance of being proactive and adaptable in entrepreneurship.

    • Belief and PotentialExpressing faith in someone's abilities, even without concrete evidence, can be a powerful motivator. An unconventional resume can also make a lasting impression on potential employers by showcasing unique qualities and skills.

      Believing in someone's potential, even without concrete evidence, can be a powerful motivator. This was exemplified in a conversation where one person expressed faith in another's abilities, fueling their drive to succeed despite initial setbacks. Additionally, an unconventional resume, showcasing unique qualities and skills, can make a lasting impression on potential employers. Sean Perry, a founder, did just that by listing his height, weight, and skills in an NBA draft-style format. This bold approach not only showcased his confidence but also highlighted his strengths, ultimately leading to a successful interview.

    • Belief and SuccessBelieving in yourself, having believers in your corner, and believing in others are essential for achieving success and making a positive impact in the world.

      Believing in yourself and your abilities, even if it seems cheesy or "cringe" at the time, can lead to great things. The speaker in this conversation discovered a quote on a motivational poster that resonated with him and helped him keep going, despite feeling like an underdog. He realized that even the things he once thought were embarrassing or insignificant had played a role in his success. Another important lesson from this conversation is the value of having believers in your corner. When someone believes in you and your abilities, it can give you the confidence and motivation you need to keep going, even when things get tough. And it's important to remember to thank and appreciate those people who have believed in you. Additionally, the conversation touched on the idea of being a believer for someone else. By believing in and supporting others, we can help them reach their full potential and achieve great things. So, in summary, believing in yourself, having believers in your corner, and believing in others are all key to achieving success and making a positive impact in the world.

    Recent Episodes from My First Million

    10 Startups w/ Stock Grants That’ll Make You A Millionaire | Sara’s List 2024

    10 Startups w/ Stock Grants That’ll Make You A Millionaire | Sara’s List 2024
    Episode 629: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) bring you the third installment of Sara’s List. A path to wealth that doesn’t involve insane amounts of risk, luck, or burnout. Just get a job at the right company. The criteria? Growth-stage startups that have the potential to 5-10x over the next 5 years. — Show Notes:  (0:00) Auditing Cohort 1 (9:56) OpenAI (12:07) Retool (17:04) Mercury (23:04) Cursor (27:28) Epirus (33:30) Wiz (42:52) Neuralink (46:00) Perplexity AI (49:43) Traba (54:54) Replit — Links: • OpenAI - https://openai.com/ • Retool - https://retool.com/ • Mercury - https://mercury.com/ • Cursor - https://www.cursor.com/ • Epirus - https://www.epirusinc.com/ • Wiz - https://www.wiz.io/ • Neuralink - https://neuralink.com/ • Perplexity - https://www.perplexity.ai/ • Traba - https://traba.work/ • Replit - https://replit.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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enSeptember 13, 2024

    The $70M/yr Sports Bar + Sleepy Industries Worth $100M

    The $70M/yr Sports Bar + Sleepy Industries Worth $100M
    Episode 628: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) break down the business behind the sports bar Cosm and the massive trend coming to out-of-home entertainment.  — Show Notes:  (0:00) Cosm’s playground virality (10:38) The Tesla of home appliances (18:13) $100M sleepy industries (23:11) The rise and fall (and rise?) of Weight Watchers (40:42) "What story is the data telling me?" (48:54) What certainty level is needed to make a decision (53:49) Confidence vs certainty (57:22) Shaan's monthly impact grid — Links: • Cosm - https://www.cosm.com/ • Impulse Labs - https://www.impulselabs.com/ • Rivian - https://rivian.com/ • Brick - https://getbrick.app/ • June Oven - https://juneoven.com/ • Shark Ninja - https://sharkninja.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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enSeptember 11, 2024

    Life Hacks From The King of Introverts + 7 Business Ideas | ft. Nick Gray

    Life Hacks From The King of Introverts + 7 Business Ideas | ft. Nick Gray
    Episode 627: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to the socially rich, “Friends Billionaire”, Nick Gray ( https://x.com/nickgraynews ) about how to be a master networker, throw the perfect cocktail party, plus 7 simple business ideas. — Show Notes:  (0:00) Intro (4:12) If you had $10M, how would you live? (10:11) Find who your heroes follow (13:29) Speedrun of Nick Gray's career (22:15) Idea: White label enterprise sales (26:08) Idea: Millionaire Matchmaker (37:22) Idea: web-hosting services (45:00) Idea: Airbnb experiences (48:55) Idea: Geek Squad as a service (55:00) Idea: VHS to digital conversion as a service (58:58) Idea: Bring blogging back (1:04:05) The persuasion of liking (1:09:14) How to throw a Nick Gray party  — Links: • Get our business idea database here https://clickhubspot.com/mfm • Museum Hack - https://museumhack.com/ • “If I Had $10M” - https://nickgray.net/if-i-had-10m/ • vs3 Web Services - https://vs3.net/ • Airbnb Experiences - https://www.airbnb.com/s/experiences • Elemind - https://x.com/elemindtech • Nick’s blog - https://nickgray.net • The 2-Hour Cocktail Party - https://tinyurl.com/4p6h4xnu — 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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enSeptember 06, 2024

    The Guy Who Studied Buffett for 25 Years

    The Guy Who Studied Buffett for 25 Years
    Episode 626: Shaan Puri ( https://x.com/ShaanVP ) talks to Guy Spier ( https://x.com/GSpier ) about everything he’s learned from studying the greatest value investors of all time.  — Show Notes:  (0:00) The Posse (5:41) Farmer Mac (17:30) Lessons from going to 9 Tony Robbins seminars (28:57) Handwritten notes from Warren Buffett (42:00) Don’t study lottery winners (59:22) Berkshire vs Index (1:05:13) Finite vs infinite games (1:13:26) Be a promiscuous reader — Links: • VALUEx - https://www.valuex.ch/ • Aquamarine - https://www.aquamarinefund.com/ • Guy’s book - https://tinyurl.com/47zvxatr • Power vs Force - https://tinyurl.com/2fn9peya • Influence - https://tinyurl.com/3z2vyfdt • Shareholder Letters - https://www.berkshirehathaway.com/letters/letters.html • Poor Charlie’s Almanack - https://tinyurl.com/bdf6pcww — 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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enSeptember 04, 2024

    The Top 0.1% Of Ideas I've Stumbled Upon On The Internet

    The Top 0.1% Of Ideas I've Stumbled Upon On The Internet
    Episode 625: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) are back with George Mack ( https://x.com/george__mack) to talk about the best ideas he’s come across.  — Show Notes:  (0:00) Spotting high agency people (26:12) The Kale phone vs the Cocaine phone (31:37) The obsessiveness of Lee Kuan Yew (37:34) Life as a Midwit meme (43:22) Work like a lion, not like a cow (51:52)The Buffett Coin — Links: • Relentlessly Resourceful - https://paulgraham.com/relres.html • 3:1 Work Structure - https://science.drinklmnt.com/lmnt-at-work/lmnt-3-1-work-structure/ — 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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enAugust 31, 2024

    5 Dead Simple Business Ideas You Can Start With A FB Ad | ft. George Mack

    5 Dead Simple Business Ideas You Can Start With A FB Ad | ft. George Mack
    Episode 624: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) brainstorm cash-printing business ideas with George Mack ( https://x.com/george__mack).  — Show Notes:  (0:00) Intro (2:49) Idea: Self Awareness Test (16:35) Idea: Designer babies (26:30) Idea: Selling eyes as art (30:40) Idea: Personal color analysis (34:45) Idea: Mold removal as a service (40:11) Idea: CMO of the UK (46:43) George's favorite ad campaigns — Links: • Get our business idea database here https://clickhubspot.com/mfm • Cities and Ambition - https://paulgraham.com/cities.html • Jack Skeen - https://jackskeen.com/ • Thinking Fast and Slow - https://tinyurl.com/345d9fsb • Iris Galerie - https://en.irisgalerie.com/ • Ad Professor on Twitter -  https://x.com/The_AdProfessor • r/adporn - https://www.reddit.com/r/AdPorn/ • Ad Professor - https://www.adprofessor.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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enAugust 30, 2024

    Building A 100+ Year Legacy + Peter Thiel’s Fellowship + Bomb Hiring Questions

    Building A 100+ Year Legacy + Peter Thiel’s Fellowship + Bomb Hiring Questions
    Episode 623: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the underrated philanthropy style of Peter Thiel, Elon Musk, and Alfred Nobel. MFM Scholarship: Apply for $10K to start The Onion For College - https://www.shaanpuri.com/collegepaper — Show Notes:  (0:00) Alfred Nobel's $266M Legacy (6:06) Competitions vs. Trusts (15:28) Idea: XPRIZE but for companies (19:15) Shaan’s Prize: Win $10K to start a college paper (23:07) How Barstool Sports started (26:47) Peter Thiel’s contrarian philanthropy (32:30) Elon Musks sexy indifference (37:22) Interview questions designed to repel and attract (44:25) Be a harsh grader of people (47:49) Great people are great in the first 2 weeks — Links: • Get our business idea database here https://clickhubspot.com/mfm • Nobel Peace Prize - https://www.nobelpeaceprize.org/ • XPRIZE - https://www.xprize.org/ • Darpa - https://www.darpa.mil/ • Vesuvius Challenge - https://scrollprize.org/ • Kaggle - https://www.kaggle.com/competitions/ • Thiel Foundation - https://www.thielfoundation.org/ • Musk Foundation - https://www.muskfoundation.org/ — 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 • Sam’s List - http://samslist.co/ 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
    My First Million
    enAugust 28, 2024

    Bootstrapping a +$1B Business + Selling To The Ultra Rich | Jesse Pujji

    Bootstrapping a +$1B Business + Selling To The Ultra Rich | Jesse Pujji
    Episode 622: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Jesse Pujji ( https://x.com/jspujji  ) about bootstrapping Ampush and the four levers of digital marketing.  — Show Notes:  (0:00) Unique insight + unfair advantage (3:05) How Jesse bootstrapped Ampush using GLG (14:00) Digital marketing in masterclass in 3 minutes (20:30) How to sell to the ultra rich (27:38) Red Ventures' Playbook (32:40) The Four Big Levers (41:00) Calling Zuck's cell (46:30) Noah Kagan's $100M mistake at facebook (58:45) What's the thing you can't not do? (1:01:00) Nelly performs at Jesse's birthday party — Links: • Gateway X - https://www.gateway.xyz/ • Aux Insights - https://www.auxinsights.com/ • Accordion - https://www.accordion.com/ • GrowthAssistant - https://growthassistant.com/ • GLG Insights - https://glginsights.com/ • Triple Whale - https://www.triplewhale.com/ • Ampush Lead Gen Overview - https://tinyurl.com/mw3f7cbk • Bootstrapped Giants Newsletter - https://tinyurl.com/3pyrnz27 — 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/ — 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
    My First Million
    enAugust 26, 2024

    Jack Smith On Biohacking, 2 Easy Business Ideas, PLUS Why Procrastination Is Good

    Jack Smith On Biohacking, 2 Easy Business Ideas, PLUS Why Procrastination Is Good
    Episode 621: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Jack Smith ( https://x.com/_jacksmith ) about his under-the-radar biohacking experiments plus 2 $1M dollar business ideas. — Show Notes: (0:00) Is reverse-aging a scam (3:23) The 1% of biohacking (12:28) Business idea: Mobile Dexa Scan (25:30) Business idea: Medical tourism brokers (32:06) Anti-beast mode (39:10) Why smart people have bad ideas (45:40) Hunt for the starving crowd (49:27) AppLovin origin story (54:20) Finding demand that feels like a landmine (56:03) Jack's book recommendation — Links: • Get our business idea database here https://clickhubspot.com/mfm • BodySpec - https://www.bodyspec.com/ • Prenuvo - https://www.prenuvo.com/ • Q Bio - https://www.q.bio/ • Aiwo - https://aiwo.com/ • “Why Smart People Have Bad Ideas” - https://paulgraham.com/bronze.html • Vungle - https://vungle.com/privacy/ • The Seven Spiritual Laws of Success - https://tinyurl.com/mwyf6spw • Jack on MFM - https://www.youtube.com/watch?v=SVwLEocqK0E — 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/ — 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
    My First Million
    enAugust 23, 2024

    How To Grow An Audience If You Have 0 Followers

    How To Grow An Audience If You Have 0 Followers
    Episode 620: Shaan Puri ( https://x.com/ShaanVP ) breaks down the 9 lessons he’s learned while building an audience.  — Show Notes:  (0:00) Intro (2:17) Forget the numbers (6:11) Find your inner nerd (9:57)Build a magnet (10:40) First, Last, Best, Worst, Weirdest (12:40) The thing I wish I knew earlier (15:53) No such thing as too long (16:18) A+ content with C- delivery (17:58) Create a binge bank (18:32) People don’t want information (19:55) Be so good they can’t ignore you — Get our business idea database here https://clickhubspot.com/mfm 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
    My First Million
    enAugust 21, 2024