Scott Galloway Tells All - $100M Net Worth, $4 Trillion Business Opp & Career Advice

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 24 October 2023

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 511: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) are talking to Scott Galloway a.k.a Prof G (https://twitter.com/profgalloway). In this episode Scott opens up about his scarcity mindset despite a $100M net worth and the best way for young people to get rich slowly. 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 (3:00) Surviving rejection (5:00) Scott Galloway’s net worth (9:00) How Sam made $20M in 6 months (12:00) Scott gives Sam financial advice (16:00) Get Rich Slow Strategy: Seller-financed boomer businesses (19:00) Get Rich Slow Strategy: Go work for a big company (20:00) Trillion-dollar carcass: AI for Healthcare (22:00) Prediction: GLP - 1 will be bigger than GPT-4 (28:00) Second order effects of Ozempic (31:00) The economics of obesity (33:00) The drug that changed Scott's life (35:00) Inverse Galloway Index (40:00) Is Putin cyber-bullying Scott Galloway? (44:00) $5M/year to speak — Links: • No Mercy / No Malice - https://www.profgalloway.com/ • Inverse Galloway Index - https://inversegallowayindex.com/ • Adrift - https://tinyurl.com/5ajwcy35 • The Prof G Pod - https://tinyurl.com/5dfdbywx • Prof G Media - https://profgmedia.com/ 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	I look at this category and how much money is in this category and it's going to happen.
0:06.9	It's just there's never been a business there's never been a carcass so tempting, so bloated bloated swimming so slowly.
0:14.0	I feel like I can rule the world I know I could be what I want to.
0:19.0	I put my all in it like no days off on the road let's travel never. We just asked Scott Galloway if he was 25 years old again. What
0:26.4	businesses would he start? Because this guy started I think nine businesses
0:29.6	sold one for over a hundred million dollars and we said if you were 25
0:32.1	what would you do what are the
0:33.5	ideas the opportunities the trends that you would take advantage of and he gave us two answers he said
0:38.4	if you had no degree no college degree no fancy education he would do this and he said no the small opportunities and the big one what he called the the multi trillion dollar
0:54.8	carcass that he can't believe nobody has has disrupted yet and on top of that we
0:59.7	asked him about his finances we talked about when he sold his companies and made his first few million
1:04.1	bucks and then tens of millions of dollars all the way up to how he got over a hundred million dollars,
1:08.8	how he'd lost it along the way and what were the key moments that allowed him to reach those heights with his
1:14.6	with this on finances you know I've seen probably a hundred interviews with Scott
1:17.6	Galloway and I never heard him reveal these numbers or talk about this so openly in
1:21.3	fact at one point he goes, I'm naked here,
1:23.7	I'm naked here guys, you got to tell me something. And so very, very good interview with
1:27.8	Scott Galloway enjoy. But you know, we're not Scott Galloway.
1:31.0	We don't have a100 million in the bank.
1:32.5	So first, a message from our sponsor.
1:34.8	All right, before we get back to this episode,
1:37.0	I gotta tell you about our Sugar Daddy,
	...

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