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My First Million

Q&A: Gut punches, favorite guests, plus advice for life

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 30 October 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Episode 643: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) answer juicy questions from the audience.  — Show Notes:  (0:00) Where should I put my money? (9:35) Best thing you've read lately? (15:28) Who’s on MFM’s Mt. Rushmore? (26:18) When was your biggest gut punch? (31:31) Who would you spend 24 hours with? (40:24) What’s your best advice for new dads? — Links: • Alex Karp article - https://www.nytimes.com/2024/08/17/style/alex-karp-palantir.html • Casa Bonita - https://www.casabonitadenver.com/ • Leave us a voicemail - https://www.mfmpod.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 • Sam’s List - http://samslist.co/ 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

Transcript

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0:00.0

All right, Sam, I was going through the mailbag, people email us questions, and there was one that I had to, had to bring up.

0:07.4

We got to start with this.

0:08.8

So here's the, here's the email.

0:10.8

I feel like I can rule the world.

0:12.8

I know I could be what I want to.

0:15.7

I put my all in it like no day's on the road.

0:18.7

Let's travel never.

0:19.8

Dear Sam, last month I sold by E.com Biz and recently a startup that I invested went public I'm in my 30s I own very little house cars nothing I have 53 million in cash sitting in my bank account but I'm not sure what to do.

0:33.0

If I do something it needs to be big, I'm torn between a few options.

0:36.0

Just put it in the SP 500 and move on, get into real estate, trying private equity, chasing a billion dollar idea.

0:41.0

I've hit three major wins in a row. I exited my company, I invested

0:45.0

a winning startup and I got really lucky on a real estate deal. But I'm not entirely confident I can

0:49.4

rebuild it from scratch if I lose it all. My life goals are pretty simple.

0:53.5

Have five kids, a wife, and become a billionaire.

0:56.5

I'm currently with someone I'm planning to marry.

0:58.8

What do you got for me?

1:00.0

Okay, so let's start,

1:02.0

let's answer this question,

1:02.8

and then there's some of good other mailbag questions

1:05.0

that we have here.

1:05.7

All right, so let me tell you what I told the guy.

1:07.1

I basically said, if you make $50 million at the age of 35,

...

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