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My First Million

The 3 Surprising Businesses That Make Kid Rock $30M+/yr

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 19 April 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Episode 575: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the weirdest things they’ve seen this week in business. 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) Kid Rock, our honorary Billy of the Week (8:13) Shaan's *new* rules for content (Partial list) (9:05) Rule 1: Older is better (13:07) Rule 5: Early. Arbitrage. Exploit (17:58) Rule 4: Pay for learning (19:45) Sam's cheat code for better alpha (23:57) How Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History (29:48) Three rules of wealth. Compounding rate, length of runway, and… (34:11) Must Listen: Business Untitled (36:28) LeBron James is now a podcaster? — Links: • Kid Rock on Theo Von - https://www.youtube.com/watch?v=nReTPXtTDDc • Kid Rock’s Rodeo - https://kidrock.com/blogs/news/kid-rocks-rock-roll-rodeo • Kid Rock’s Honky Tonk - https://www.kidrockshonkytonkandsteakhouse.com/ • Nick Sleep Letters - https://tinyurl.com/2thhv6cy • AirChat - https://www.air.chat/ • GLG Insights - https://glginsights.com/ • The Gambler - https://tinyurl.com/4d4e62m2 • Business Untitled - https://tinyurl.com/26zkw9pr • LeBron’s new podcast - https://tinyurl.com/2kuvsv5v — 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 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 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

Sean, I want to show you three things, things that I've read in the past week or two that have inspired me.

0:05.6

You want me to start with the, I'm going to start with the strang I know I could be what I want to

0:17.7

put my all in it like no days off on the road let's travel never looking back you listen to Theo Vaughn's

0:24.5

podcast not the fool I listen to clips do you listen to the full thing I listen to the

0:29.7

full thing sometimes and there was one that what happened the other day that I sat and

0:34.0

watched the entire thing I think it was two hours long you're gonna laugh when I

0:38.8

tell you who it is but his episode with Kid Rock was awesome.

0:44.6

So do you know anything about Kid Rock?

0:46.8

I'm gonna say I don't know anywhere near as much as you know

0:50.0

that Kid Rock.

0:51.0

I could safely assume that. Hands down bet my life savings on that. I have been a

0:56.2

fan of kid rocks forever I've been a kid rock fan for a very long time and

1:01.0

kid rock is a very fascinating guy so he's like born in Detroit had this

1:05.1

whole like rap thing it's kind of rap whatever it was whatever he would call that genre

1:09.7

but the reason he's fascinating is the guys who sold a lot of records in the late 90s are some of the richest musicians out there because CDs were like $22. How much how much were cities when we were kids 20 bucks, right? Yeah, CDs were like really expensive. Really expensive and they cost like a dollar. They cost like a dollar to make. And so Kid Rock has sold something like 40 million albums,

1:33.5

which is a shit load of albums.

1:35.8

And he went on Theo's, Theo Vaughn's podcast

1:38.7

and about halfway through,

1:40.6

he starts talking all about business and he's done some amazing things. So let me tell you a few amazing things that Kid Rock has done.

1:48.0

Kid Rock at this point, he's kind of like Nickelback where people make fun of him or they make fun of you for even kind of liking him and it's kind of a joke.

1:55.0

Dude, he's a super savvy guy.

1:57.0

So listen to a few things that he's done.

...

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