Shaan Loses $700k In Crypto Crash And The Mentality of A Downturn

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 16 June 2022

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about losing more than $700k in the crypto crash, the mentality of a downturn, and the crazy success of conferences. Also, want $5,000? Check out the My First Million Clips contest. ----- Links: * Truebill * Money 20/20 * ShopTalk * Hlth * 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. ----- Show Notes: (02:10) - Crypto crash (04:05) - Downturn mentality (23:30) - What Sam and Shaan are doing now (31:05) - Truebill (38:25) - Success of conferences (01:00:10) - Shaan is writing a book ----- 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	I am trying to be intentionally out of touch in the same way that I intentionally avoid
0:04.4	the news.
0:07.0	All right, we're live.
0:18.4	What's going on?
0:20.4	Well, yeah.
0:22.2	Well Sam.
0:23.6	Yeah.
0:24.6	Yeah.
0:25.6	My first million has become my first hundred thousand.
0:31.6	Yeah, your first.
0:33.8	My last million.
0:35.2	Yeah, on a good day.
0:37.3	What you took something out of the milk road, I texted you this, but you didn't reply.
0:42.7	So in the milk road, my favorite part was you had, what was the starting amount, a million
0:47.3	or 500 or what was it?
0:50.8	You had your portfolio.
0:51.8	It was actually less.
0:52.8	It was 950,000.
0:53.9	So 950,000 dollar portfolio.
0:56.9	In every day, you would say what it's at compared to what it was.
1:01.0	You took it out.
1:02.0	What's it at now?
	...

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