The 50 richest families in America are betting on this trend

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 27 May 2026

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Get our Wealth Guide (35+ insights from top investors): https://clickhubspot.com/fvif Episode 828: Shaan Puri ( https://x.com/ShaanVP ) and Sam Parr ( https://x.com/theSamParr ) talk to billionaire Joe Liemandt ( https://x.com/jliemandt ) about the experiment he’s put $1,000,000,000 of his own money into. — Show Notes: (0:00) Joe, the total man? (08:09) fighting bill gates for talent (13:14) intensity (16:18) choosing hard over easy (19:00) how to be a magnet (21:34) high standards (23:29) being persuasive (29:23) simplicity: 3 ines, 3 words (34:41) is 2x faster really better? (36:23) making kids run a 5k (38:45) why be public now (41:01) why put $1b into the lowest roi thing? (50:03) buying SaaS companies (51:06) cloning Warren Buffett's brain (53:00) changing your brain lift (57:19) is AI going to make everyone dumb? — Links: • Alpha School - https://alpha.school/ • 10 to 25: The Science of Motivating Young People - https://a.co/d/048Cfexh — Check Out Sam's Stuff: • Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Transcript

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0:00.0	I'm going to read you the most alpha sentence possible here.
0:03.3	Kindergarteners must climb a 40-foot rock wall and pass a, receive critical feedback without crying test.
0:09.5	Right. This is the best time in history to be a five-year-old.
0:13.4	There we go.
0:15.4	I feel like I can rule the world. I know I could be what I want to.
0:20.4	I put my all in it like no days off.
0:23.1	On a road, let's travel. Never look at you for a second. So the easiest one is I wish there was an alpha school near me so I could send my kids to it. I actually have a kindergartner. So that would be perfect. But you have this really amazing story. It's kind of the story that me and Sam like to tell on this podcast because it sounds like a movie.
0:39.0	Here you've got this sort of secret of billionaire, right?
0:41.8	This guy who in his 20s drops out of college, figures things out. You're on the cover of Forbes
0:47.0	magazine when you're 27 years old. And you built multiple huge companies, multi-billion dollar companies, and then you disappear for like 20 years.
0:58.5	Nobody hears about you.
0:59.4	You stay out of the public limelight.
1:00.8	You're not out there like us talking on podcasts and saying how great you are.
1:04.8	And then you take a billion dollars of your own money and you use it to try to reinvent education.
1:09.3	Now you're back.
1:10.0	Yeah.
1:10.4	So in 2005,
1:11.9	I got married, which was also the first year of podcasting. I did a podcast, actually at Stanford.
1:17.6	That was my last one. And then I went to sign for 20 years. And then now my youngest daughter is
1:23.7	about to go to college. And so now I'm back on the road, right?
1:44.9	I'm back in the limelight. And I hopefully, at BALFA, we'll be doing it for the next 20 years to fix education. Why don't we start at the start there? So you have this idea for trilogy and you drop out of college. Actually, in high school, I wrote a paper about AI. And so literally in high school, I was writing a paper on AI. one of the paragraphs said, Neuroneps are decades away.
1:46.9	I then went to Stanford. paper about AI. And so Lillian High School is writing a paper on AI. One of the paragraph said,
	...

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