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My First Million

I Spent 7 Days With The Richest Men In Texas | 10 Things I Learned

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 12 April 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

Episode 572: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the 10 revelations learned from spending a week with Texas billionaires. 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) Tim Ferriss asks Shaan a hard question (panic ensues) (2:46) The Indian Warren Buffett (7:25) "Investing is not a team sport" (8:31) Mohnish Pabrai’s Nap Room (10:28) Required reading list of a billionaire (11:47) He built 5 billion-dollar companies by 41 (15:39) 5 Revelations from a day with Joe Lonsdale (19:50) The final level of the money game: private chefs, full size basketball court, etc (20:52) Nick Gray, cocktail party legend (23:45) Hanging out with smarter people (27:17) Nerd sports that make the best entrepreneurs (31:17) Pay attention to what other people pay attention to (33:47) Ben Levy's superpower as a superconnector — Links: • The Dhando Investor - https://tinyurl.com/53p9bhfv • PeachyBbies - https://peachybbies.com/ — 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 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 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

He was showing us around his house. He was like, that's my nap room.

0:02.6

And I was like, you're a nap guy, I'm a nap guy.

0:04.6

And he's like, oh yeah, nap, I take a nap every day for last three years.

0:08.2

Do you want a nap together? I feel like I can rude the world I know I could be what I want to.

0:20.5

All right you're back from Austin you were were there for seven days. How was it?

0:23.6

It was great dude. I had one conversation. I got to ask you this. I got put on the spot.

0:27.6

So I was talking to I did an episode with Tim Ferris and he said something in the middle

0:30.9

of the interview. He goes, he goes, He goes, I wanted to ask you this.

0:34.2

What do you say, what do you think is the brand of your podcast?

0:38.8

He goes, what I mean is, if you're not in the room

0:41.8

and someone was just telling their friend about it, how would they describe it?

0:45.0

Ideally to you, how would they describe it?

0:47.0

You actually did this before and I actually thought it was great.

0:50.0

You said, hey look, we're doing these meetups and if you are the type of person who goes to a restaurant and you wonder,

0:54.8

how could they make this a little bit more efficient or how much money do they make per meal or how much profit do they make and how can they expand this and you also like to joke around you're perfect for MFM and that's

1:04.7

sort of the person who I would describe is into it I would say that we're this weird combination of

1:09.4

making silly dumb jokes and deconstructing interesting companies and pointing out different trends.

1:14.3

Okay, that's pretty good.

1:16.7

Yeah, I like the restaurant thing where it's like if you went to a restaurant with four friends

1:20.5

and three of them would be looking at the menu trying to figure out what to order and you'd be

1:23.8

looking around counting the tabletops and trying to figure out how much money this place makes,

1:27.2

that's us. We are that friend.

...

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