One Question Friday: What’s The Fastest Way You've Had Your Life Changed By Money?

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 29 July 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer one listener's question: What’s the fastest way you’ve had your life changed by money or what’s the fastest way you’ve seen someone else’s life get changed by money? To submit your question and hear yourself on My First Million, go to MFMPod.com and click on the circle with the microphone in the lower right hand corner. ----- Links: * The Million Dollar Homepage * Calm.com * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- 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. ----- Additional 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	Hey guys, it's Ezra from Grand Rapids. I was listening to the podcast the other day and I remember you guys saying that getting rich quick is the best way to get rich
0:09.1	So I'm just wondering what's the fastest way you've had your life changed by money or what's the fastest way you've seen someone else's life get changed by money. Thanks
0:17.7	I feel like I could rule the world and know I could be what I want to
0:23.2	I put my all in it like a day's old on a road. Let's travel never looking back
0:28.4	All right, we were asked what's the this is a one question Friday. We were asked what's the fastest that either of us Sean and Sam have jumped in
0:37.9	wealth and how it felt and or
0:40.9	The same question, but for some of the people we know you want to go first?
0:43.9	No, you go. I think you you might have a good story here. I'll talk about a friend first so I was with a
0:51.1	Friend that sold his company for close to a billion dollars and I was with him. I was with him when
0:57.7	The money hit the bank. We are at their apartment and
1:01.8	Immediately like he's like all right. I think it I think it happened. We went to the ATM
1:06.6	He previously had like
1:08.6	$300,000 in his bank, which is not a little amount. So he wasn't like destitute at all
1:14.3	But he was 28 and we went to the ATM and there was $90 million in the bank account and immediately afterwards
1:23.4	We went to McDonald's and we got a number one each we each got a big Mac and
1:28.7	We went back to his apartment and watched TV and like we're like that's pretty cool, isn't it and
1:33.1	And it was really cool like it was pretty crazy the crazy part is not just the 90 million
1:38.4	But if you do the math of 90 million
1:41.5	conservatively if you look at historical average 90 million at let's just run up to 100 100 million at 30 becomes
1:48.6	240 which becomes
1:50.8	450 which becomes
1:52.8	860 which becomes 1.1 at 70 1.1 billion so you can see this it's not just that they have 90 million dollars
	...

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