5 Genius Business Tactics Turning Broke Authors Into Millionaires

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 4 March 2024

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 558: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) break down the 5 genius business tactics that have turned broke authors into millionaires. 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 (3:00) James Patterson's hit-making formula (11:30) Jack Carr's shameless product placement (17:00) Steve Rinella's $100M content to commerce play (22:30) Other $20M - $50M authors (26:00) The genius of the Navalmanack (29:00) How Hugh Howey became self-publishing's unlikely hero (38:30) James Clear's new habit app (43:00) The super networking tactics of Andrew Wilkinson — Links: • Daily Stoic - https://dailystoic.com/ • Stratemeyer Syndicate - https://stratemeyer.org/ • Jack Carr - https://www.officialjackcarr.com/books/ • Meateater - http://meateater.com/ • Navalmanack - https://www.navalmanack.com/ • Wool - https://hughhowey.com/books/wool/ • Goodreads - http://goodreads.com/ — 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 Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. — Other episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Transcript

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0:00.0	All right?
0:01.0	We're live.
0:02.0	I've got a little bit, a few actually stories, but it starts with a person I hung out
0:06.3	without the other day.
0:07.3	You know Ryan Holiday, right?
0:08.3	The author Ryan Holiday.
0:09.3	Of course, he came on the pod.
0:10.8	He's awesome.
0:11.8	I was hanging out with him the other day and he said
0:13.6	something actually to me in person but he previously said this on the
0:16.7	podcast that we had I think he's been on twice. He said something about how
0:21.0	he actually made a funny comment he's like most
0:23.6	authors say they make more money through speaking than they do actually selling their
0:28.4	books those people they just didn't sell a lot of books we know that for sure but he also mentioned to me that
0:48.0	for sure but he also mentioned to me that his other things like the Daily Stoic which is his daily
0:55.3	newsletter so Ryan holiday wrote a book on Stoicism he's written six or seven now
0:59.2	at this point but he has his other property it's a daily newsletter called the Daily Stoic where they sell coins and merch and
1:06.4	Advertisements he has told me that that has made more money for him than selling books
1:11.8	Like which is crazy because that's what he's known as as an author.
1:14.7	And so what I wanted to talk to you about today was I went down this huge rabbit hole where I found
1:19.2	ways that authors are making money other than just like writing a book.
1:22.4	Well, you got you got to tell the coin thing because the coin thing is the perfect simple example of this.
	...

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