Shaan Tells All: Shepherd Sells For $52M, Paper Gains, Plus Why B2B Influencers Are Coming

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 13 May 2024

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 584: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about using the massive upside of investing in your P&L, the ballsy-ness of Nick Huber and how to turn your annual income intro your monthly income. Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 — Show Notes: (0:00) Shepherd gets acquired for $50M (5:44) Invest in your P&L (7:57) The ballsiness of Nick Huber (13:42) The evolution of celebrity partnerships (17:04) A large, trusted audience (20:30) 2. Product-audience fit (21:42) 3. That Viral Touch (22:12) Creators who are the best at this (29:29) $280 millions dollar tumblers (31:10) Giving as you go: Do it early, make it uncomfortable (37:11) The curse of familiar riches (39:57) How to 10x your annual income (48:32) For the same inputs, can you get more outputs (50:08) Acting As If — Links: • Shepherd - https://www.supportshepherd.com/ • The Sweaty Startup - https://sweatystartup.com/ • Dr DisRespect - https://www.youtube.com/user/drdisrespect • Truemed - https://www.truemed.com/ • SimpleModern - https://www.simplemodern.com/ • Empower - https://www.empower.com/ • Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym — 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 — 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 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	Okay, so the news is this, if you've been listening to this podcast, you know that
0:04.6	Shepard is a business that I'm a part owner in, I've been talking about it on the
0:07.4	podcast, and it's great business, and last week, news broke that there was a
0:12.2	private buyout of majority stake in the company for $52 million
0:17.0	at a $52 million valuation.
0:18.9	It was done by Nick Huber.
0:20.5	I had the opportunity to sell my shares in that. I not to not a single share I'm holding every single share so today we're going to talk about I guess we'll tell the story of you know how Shepard even grew in four years to be a 52 million dollar company, how I ended up getting involved with
0:34.6	it becoming an owner in the business and why one of the owners in the business did this buy out,
0:39.0	how they took 29 million dollars and bought the majority controlling stake in the company.
0:43.2	So that's the news.
0:44.2	Now here's the back story.
0:45.9	I feel like I can rude the world.
0:47.8	I know I could be what I want to.
0:50.8	I put my all in it like no days off.
0:54.0	All right Sean, last week you guys had a big announcement,
0:57.3	so you and Nick bought Shepard and that's amazing.
1:01.2	And I didn't do it.
1:02.4	Nick did it, not me.
1:03.3	Yeah, but you're a part of it. You're a part of it. You're one of the partners.
1:07.2	And I guess maybe I'm going to interview you at least for this first segment because I want to learn all about it. I think it's amazing what Nick has done. So let's start with the beginning.
1:16.9	Explain what Shepard is and then I guess we'll start it in like 20 when it started and explaining like how it grew and what happened last week.
1:25.0	Yeah, so there's a guy named Marshall Haas who was entrepreneur,
	...

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