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My First Million

#197 with Dharmesh Shah - Frameworks for Becoming a Billionaire (From a Billionaire's Perspective)

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 7 July 2021

⏱️ 82 minutes

🧾️ Download transcript

Summary

Sam (@TheSamParr) and Shaan (@ShaanVP) are joined by HubSpot co-founder and CTO Dharmesh Shah (@Dharmesh). Dharmesh shares his thought process behind buying the Hustle, how he thinks about time & money, and how HubSpot came to be. They close the episode talking about ideas around a better version of LinkedIn and the future of software. --------- * 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: * (0:57) Intro * (9:10) The inside scoop on why HubSpot bought The Hustle * (14:00) What it's like to be a billionaire * (18:54) A framework on the relationship between time & money * (24:50) Rich guy questions * (28:24) Dharmesh on the beginnings of HubSpot * (37:10) Idea: A blockchain version of LinkedIn * (45:35) Dharmesh on BitClout * (50:22) Idea: NLP, the future of software * (53:20) Growth Bot & website graders * (59:25) Dharmesh on GPT-3 * (1:02:55) Idea: A community for remote work * (1:04:41) Deal trophies * (1:06:56) A framework to evaluate startup ideas * (1:13:55) Constructive podcast criticism * (1:18:36) Outro

Transcript

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0:00.0

Here's what I say.

0:01.0

Here's what I...

0:02.0

I even have a seven figure domain name picked up for you.

0:05.1

I will write the $5 million check for you to go do it as far as a seed round.

0:09.2

Or up to $5 million if you want to let other people in.

0:11.0

That's amazing.

0:12.0

This just got spicy, okay.

0:13.0

Oh my God.

0:14.0

What's the dope A-day?

0:15.0

Do you have?

0:16.0

I am dead serious.

0:17.0

Yeah.

0:18.0

I feel like I could rule the world.

0:21.0

I know I could be what I want to.

0:24.0

I put my all in it like no days old.

0:26.0

I'm on a road.

0:27.0

Let's travel never looking back.

0:29.0

All right.

0:30.0

We just got done like 30 seconds ago talking to the guy who we're going to introduce

0:34.2

you to now.

0:35.2

That was amazing.

0:36.2

He's a...

...

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