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My First Million

How to Get Rich (without luck, talent or a trust fund)

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 24 September 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

Want the 4 money rules that changed my life? Get it here: https://clickhubspot.com/fmd Episode 749: Shaan Puri ( https://x.com/ShaanVP ) teaches the 4 simple rules that made him a millionaire by 30. — Show Notes: (0:00) Rule #1: Master a Money-Making Skill (5:00) Rule #2: Don’t Rent Your Time, Own Equity (8:19) Rule #3: Wait (9:44) Rule #4: Proximity is Power (12:08) Putting it all together — 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

This little black book right here is very important to be. It has all of the rules of money. And they're very simple, not that complicated to learn, but once you do, you can actually start to stack cash. I was in my 20s and I really didn't understand how to make money. I was trying hard. I was working hard, but I really wasn't getting anywhere. And once I learned the rules of money, I started to understand, oh, that's what I'm supposed to be doing.

1:06.5

So the next 15 minutes, I'm going to tell you exactly what these four rules of money are. What I did to go from broke to ended up making my first million at age 30 and then being worth $30 million a few years later. And I was an idiot. I was running around with a fork and I was sticking into different outlets. I was learning my lessons the hard way. And I want to save you a lot of years and a lot of pain by just telling you what I did and what actually works. So if you're somebody who today, you don't love where you're at financially, maybe you're not financially free, and you want to get to that magic number. You want to get a million dollars liquid in your bank account. Well, this is the video for for you i'm going to tell you the four money rules rule number one you need one money making skill a money making skill is a very specific term here so when it comes to building wealth there's really only four money making

1:10.6

skills you need to pick one of these the first first one is selling. So this is persuading people,

1:14.4

marketing, closing deals. The second one is making, which is products, apps, websites, videos,

1:19.0

books. The next one is designing. So having really great taste, understanding form and function

1:23.7

like a Steve Jobs type. And the fourth is hunting. So selling, making, designing,

1:28.3

hunting. Hunting is spotting opportunities. It's finding great real estate deals or angel investing

1:33.1

or figuring out the right stock to buy. You need to pick one of these skills and master it. Pick

1:38.2

the one that's of most interest to you. Now mastering it is the hard part. So you're going to need

1:42.6

to do it every day. And the way to do that is let's say you want to learn sales, right? Selling is the master skill, the money-making skill you're trying to learn. You need to go to a place where selling is what they do. It is how they make their money. And when you get there, you're going to get a job and you might start at the bottom of the totem pole. And what you're going to do is you're going to look around and you're going to ask who's the number one producer?

2:02.2

Who is the number one salesperson here?

2:04.4

Your job is to go sit next to them and then double their input. So if they're making 100 calls a day, you're going to make 200. You're not going to be as good at the calls as they are, but you're going to double the input. If they knock on 50 doors, you do 100.

2:14.9

You get the idea.

2:15.9

And you're going to sit next to them and you're going to study what they do.

2:18.3

You're going to observe the difference between what they're doing and what you're doing.

2:21.2

And then. If they knock on 50 doors, you do 100. You get the idea. And you're going to sit next to them and you're going to study what they do.

2:18.3

You're going to observe the difference between what they're doing and what you're doing.

2:21.2

And then you're going to double it every single time. That's what you're doing by day. And at night, you're reading books, you're watching videos. You're obsessing over the art of selling. So your nine to five is where you get your practice reps.

2:31.0

And then you're five to nine, five p.m. to nine p.m.

2:33.5

That's where you get ideals on how to improve.

2:35.6

I got to be friends with Mr. Bisa of the last few years.

2:38.0

And he. practice reps and then you're 5 to 9 p.m. to 9 p.m. That's where you get ideas on how to improve.

...

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