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My First Million

My $0 to $1 Million Guide - How I Would Start Over in 2024

My First Million

Hubspot

Business, Entrepreneurship, Investing

4.72.9K Ratings

🗓️ 30 October 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Episode 513: Shaan Puri (https://twitter.com/ShaanVP) answers the question he gets most often: If he was starting from scratch—and had no money in the bank—how would he make $1,000,000? Want to see more MFM? Subscribe to our YouTube channel here. Want MFM Merch? Check out our store here. Want to see the best clips from MFM? Subscribe to our clips channel here. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com/ Check Out Shaan's Stuff: • Try Shepherd Out - https://www.supportshepherd.com/ • Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant • Power Writing Course - https://maven.com/generalist/writing • Small Boy Newsletter - https://smallboy.co/ • Daily Newsletter - https://www.shaanpuri.com/ — Show Notes: (0:00) Intro (2:00) Optimize for your current phase (6:00) Identify your edge (12:00) Join a company or start a company? (15:00) Work on an A+ problem (19:00) Create luck (22:00) Service agency blueprint (28:00) Invest in yourself (31:00) Leaving a legacy 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, today I'm going to answer the question that I get the most often, which is that if I was starting over again from scratch, and I had no money in my bank account, I didn't have any special skills or network or people that are audience to use, how would I do it?

0:13.0

How would I make myself successful?

0:15.0

How would I make my first million if I was starting over from scratch again? I'm 25 years old, and it's 2024. What would I do today?

0:23.0

And I'm going to answer this question. I will give you an answer to this question. I'm worked up, as you can see, because I got an answer to this question.

0:30.0

I feel like I could rule the world. I know I could be what I want to. I put my all in it like a day's all.

0:38.0

I want to give you an observation about this question, because the question is actually, I think we would all agree. It's a money question. It's a success question. How would you make it? That's really what people want to know.

0:46.0

But they always add this, if you were 21 years old again, if you were 25 years old again, they add this age component to it, which is sort of funny, because I don't care if you're 21, you're 31, you're 41, you're broke, you're broke.

0:59.0

If you're not successful, it doesn't matter what age you are. It is your day one. You can't go back in time, so really it doesn't matter what, how old you are.

1:08.0

The reason I think people say if you were 21 again or 25 again is because they're like, if all the possibilities were on the table, if you had all the hope in the world again at that age, and the reality is, one thing you should take away from this is, you should always have that 21 year old mindset.

1:24.0

You should always have the belief that my whole world is in front of me, that my best days are ahead of me, that anything is possible, and that I can reinvent myself right now.

1:34.0

I could, today, on the spot reinvent myself and decide, I'm a different guy now, I do a different thing, I do things a different way. That old guy, he's gone, he's the old me.

1:42.0

And so I think the first thing to do is to free yourself of the time constraint, the age constraint, which only adds pressure and doubt and anxiety to the equation, which none of that helps you be successful.

1:55.0

I remember when I was 29 years old, and I had this like existential crisis, because I was like, I thought I was going to be 430 into 30, and I thought I'd be, you know, I have a million dollars in my bank account right now, and I didn't have any of those things.

2:06.0

And then I was like, all right, well, yes, that didn't happen. Moving on, and I just continued on, and by 30, all of a sudden, my soul, my company, and I had a whole bunch of breakthroughs.

2:15.0

And a big part of that was just getting the weight off my shoulders of feeling like I'm behind or playing catch up, instead I wanted to be like offense.

2:21.0

And so my question, my answer to this question is comes from a place of offense.

2:25.0

So let's take the age out. Let's think of it like it's karate. We're white belts again. If we started as a white belt, and we want to make our way up to a black belt in the game of success, what would we do?

2:35.0

All right, before we get back to this episode, I got to tell you about our sugar daddy, the ones who make this whole episode possible HubSpot.

2:41.0

You know, it's Q4, and this is where the deals are trying to get closed. This is where the champions are made inside your company.

2:47.0

If you are closing deals in Q4, you're the star. You're the one who's doing it. And if you're going to try to do that, you should be using HubSpot's sales hub.

2:53.0

They have an easy to use platform that makes it easy to find track and close all your deals. They got an AI assistant. It works in with your CRM.

3:01.0

They have a prospecting workspace. The sales hub is the easiest way for somebody who's trying to close deals this quarter to get it done. It's even better if you pair it with other things like HubSpot smart CRM.

...

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