He Bought a Local Newspaper… Now He Makes $600K/YR

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 27 June 2025

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Want to scale your business? Get the Side Hustler's AI Prompt Database: https://clickhubspot.com/kvw Episode 721: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about a billionaire’s recipe for happiness, Shaan’s stock picks, plus the new mayor of NY. — Show Notes: (0:00) Billionaire recipe for happiness (5:12) Shaan gives a talk at Berkeley (12:01) Steve Ballmer on Acquired (17:02) Gary V is bullish on everything (26:28) The new mayor of NY (35:45) Multilingual politicians (38:43) Vibe voting (41:20) Idea: "The President" (45:58) Businesses w/ 50X potential (49:07) Shaan's first 6 stocks — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Transcript

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0:00.0	So the article tells a story of multiple 80-something-year-old guys who own publications that are making, that are fine businesses.
0:09.2	Maybe they make six figures a year in profit, but they can't find anyone to take it over.
0:12.8	So they're literally just shutting it down.
0:14.2	I feel like I can rule the world.
0:16.7	I know I could be what I want to.
0:19.6	I put my all in it like no days off.
0:22.0	On a road,
0:22.7	let's travel, never looking back.
0:24.6	Should we start with this?
0:24.9	This tweet.
0:25.7	It's media gayser, which I guess some media publication,
0:29.0	commentary on media companies.
0:30.2	It says small town newspapers are shutting down
0:32.0	due to lack of a succession plan,
0:33.9	not financial issues.
0:35.7	In nearly a dozen U.S. states,
0:37.1	this is a growing problem. Okay.
0:39.0	And so the article tells a story of multiple 80-something-year-old guys who own publications
0:45.5	that are making, that are fine businesses. Maybe they make six figures a year in profit,
0:50.3	but they can't find anyone to take it over. So they're literally just shutting it down.
0:53.7	And here we have a tweet from Matthew Prince, I think is the same as Matthew is worth, I think,
0:59.1	something like four or five billion dollars. He's the CEO of Cloudflare. Do you want to just
	...

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