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My First Million

#188 - What It's Like to Be Rich, How to Respond to Growth Plateaus, & the New Neighborhood 7/11

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 4 June 2021

⏱️ 54 minutes

🧾️ Download transcript

Summary

Sam (@theSamParr) & Shaan (@ShaanVP) do a little Q&A in this episode. They talk about their financial goals, their romantic relationships, and what they would do if they were 21 again. They finish off the episode talking about the podcast growth, live events, and brainstorm a few ideas around community and sports you can do as you get older. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:19) - Intro * (4:00) - The Twitter bio paradox * (6:15) - Intro to Q&A * (6:30) - Q1 - What's it like to be rich? * (11:51) - Q2 - What do you read/research outside business? * (14:03) - Q3 - How did success influence your romantic relationships? * (20:34) - Q4 - What pandemic behavior do you want to keep? * (22:00) - Q5 - If you were 21 again, what would you be doing? * (25:44) - Q6 - What's your best purchase over $2K & best under $100? * (27:52) - Podcast growth update * (29:55) - On growth plateaus * (32:47) - Live event update * (34:53) - Community around the "neighborhood 7/11" * (44:25) - The new golf * (53:53) - Outro

Transcript

Click on a timestamp to play from that location

0:00.0

It's really effing hard to start a two-sided marketplace and when you do the prize is a billion dollars in your pocket

0:17.8

All right, what's up? I was thinking about the beginning of these because

0:23.1

If you watch like Joe Rogan Joe just sort of rolls into the conversation

0:26.6

It's actually starts like mid-sentence of what they're already talking about

0:31.1

And I think that's kind of cool. It's pretty casual and then you have other people that really try to like brand their

0:38.3

Brand their beginning so I'll give you a couple examples and you tell me which one you think is a good idea

0:43.6

so

0:45.1

The all-in podcast which I like is hosted by Jason Calcannis and then he what he does is they have the

0:51.5

What they call the cold open which we do sometimes too which is you pull the kind of like the most interesting or funny one liner from the middle of the episode you put it at the beginning and

1:00.8

Then you roll into like the intro song where it introduced you kind of it's like a custom song that introduces the four people

1:07.3

It's like Chimath the back king, you know

1:11.0

David Friedberg the king the queen of Kenwa or whatever. So that's like one version

1:15.7

Then there's you know Scott Adams the guy who started Dilbert or writes the Dilbert comic

1:21.3

He does this thing every time he does alive and he used to do live streams like every day or something like that and he would always say let's start with a

1:29.5

ceremonial sip and he would like hold up his drink to the camera

1:33.0

He would have you do it too even though you're not even on camera. You're just at home. He's like everybody's let's do this and

1:38.2

Cheers all right here we go and he's like he talked about it

1:41.3

He's like he's big on neural linguistic programming and LP and and so he's like there

1:47.0

He's like a trained hypnotist or something like that and so he's like

1:50.7

You want to like associate the same sort of like he's like doing this with my tea is brilliant or your coffee because

1:57.8

It has emotion. It has a taste. It has a smell and it has a war

2:02.5

Auditorium thing. I'm saying every single time the same exact thing and so I'm basically programming you for a certain feeling or emotion of the live

...

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