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My First Million

#218 - Why You Should Take a Think Week Like Bill Gates

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 10 September 2021

⏱️ 83 minutes

🧾️ Download transcript

Summary

[Updated] In this episode Sam (@theSamParr) and Shaan (@ShaanVP) talk about what Shaan has learned over the last week by taking a Bill Gates-inspired week off to dive deep into crypto. They also talk about Wilbur Wright, identifying stories from your work experiences, and who they follow in real estate Twitter. They close it out talking about a Twitter thread with a different take on levels of wealth and then potential solutions to Sam's occasional panic attack. --------- * 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: * (1:53) The backstory of Wilbur Wright * (9:26) First, last, best, worst, weirdest * (12:44) Sell the story * (17:02) Real estate Twitter * (29:17) Opportunities for niche content creators * (33:42) Shaan's think week is crypto week * (37:53) Meet Andre * (40:19) Observations from crypto week * (43:46) #1 - crypto dev tools * (45:23) #2 - NFT research tools * (48:42) Shaan's take on NFTs * (59:09) Levels of wealth thread * (1:07:16) Parallels to Naval and financial freedom * (1:15:39) Panic attacks

Transcript

Click on a timestamp to play from that location

0:00.0

All right, QuickBag to tell you about another podcast that we're interested in right now.

0:04.4

Hosepot just launched a Shark Tank rewatch podcast called Another Bite.

0:08.9

Every week, the host relived the latest and greatest pitches from Shark Tank, from Squatty

0:13.1

Potty, to the Mention a Bench, to Ring Doorbell, and they break down why these pitches were

0:18.6

winners or losers, and each company's go-to-market strategy, branding, pricing, valuation, everything.

0:24.2

Basically, all the things you want to know about how to survive the tank and scale your

0:28.4

company on your own.

0:29.6

If you want to give it a listen, you can find another bite on whatever podcast that you

0:32.9

listen to, like Apple or Spotify, or whatever you're using right now.

0:36.2

All right, back to the show.

0:38.2

What's the most annoying thing in the world?

0:40.0

An unhappy billionaire.

0:41.8

And I think he said something like that, and I was like, wow, that's so true, actually.

0:44.6

Like, if he came to me about being dumb and whatever, it would be hard for me and my initial

0:48.9

reaction to be like, dude, you have it all.

0:50.8

All right, let's get into it.

1:04.8

You ready?

1:05.8

Yeah.

1:06.8

All right.

1:07.8

What's going on?

1:08.8

Not too much.

1:09.8

Can I tell you a quick story that I just read?

...

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