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

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 28 August 2024

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

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

Transcript

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0:00.0	All right, I'm going to tell you something. So I have a family now, and do you have a will?
0:04.8	Weird flex, all right? Yes, I do have a will.
0:07.0	Okay, so once I have a family, like you start getting into the will stuff, right?
0:11.6	And it's kind of been screwing with me. And I read a story last
0:15.9	week that has maybe changed my life. And I think that if only a couple of listeners actually buy into what I'm buying into,
0:25.1	this could be like the most life-changing thing that we've ever done on this podcast.
0:28.6	I feel like I can rule the world. I know I could be what I want to
0:36.8	So in the 1800s in Sweden there is this guy named Alfred and
0:40.9	Alfred was an inventor and he had a little bit of success where he started
0:45.4	inventing a bunch of small stuff but then when he was like 30 or 40 he had something that
0:50.3	changed his life so we basically found out that nitro glycerin,
0:53.8	if you mess with it in a certain way,
0:55.2	you can make it explosive and thus was the creation of dynamite.
0:58.9	And so it made him incredibly rich.
1:00.8	So we got super rich.
1:01.8	He was worth something like the equivalent of two or
1:04.1	three hundred million dollars in today's money. And towards the end of his life, his
1:07.9	brother Ludwig died. And when his brother died, someone ran an obituary for Alfred on accident.
1:15.1	They used the wrong brother.
1:16.8	And the obituary started with, the merchant of death is no longer.
1:21.3	And they go on to explain how Alfred created dynamite
1:24.6	and how it was revolutionized the way people were murdered.
	...

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