From Quirkiest Biz Ideas to Favorite "Creatorpreneurs" - MFM Q&A

Date
Duration
74 min
i went to school at belmont university and it was like a southern kris christian university that had low standards yeah that's amazing on their website too this is it like a home of mediocrity mediocre people exceptional prices like yeah i feel like i could rule world i know i could be what i want to from at all in it like a days off on a car we're i would never look we're doing a q and a session we decided to kinda last minute it's like when a substitute teacher comes in and they roll out the tv on the trolley and they're like hey guys today you know what i decided i wanna day off no sorry i've wanted you guys to watch this movie no it works out because frankly i think people like this and we like the movie too it works it's a win win and so yeah we we have to do very little work and people like it let's just get right into it we're gonna keep each question at around three minutes which is not you don't have to worry about me going over it's sean let's do it ben what do you got let's do a little q and so basically the background is we've both tweeted out what questions do you have and we got a bunch of them in the on the tweets and we'll see where we go we had we i think we have like a hundred hundreds of them and we selected maybe ten ish of each or of from each of our twitter's twitter and we'll see which ones are interesting and alright go okay from someone named new bet a pretty basic one what is your opinion on sweaty startups alright here's my opinion i think it's cool i think anyway you can get your nut you get it that said that sounds the philosophy you've had up since you're were a teenager or what yeah get that nut i think if you can get it it it doesn't matter which way you get it get it and there's lots of examples of everyone succeeding in all different types of industry personally i think making money digitally is significantly better because it requires close to no capital in some cases you can work from anywhere there's been times i've sent an email from my phone and it's made a whole bunch of money and i think that it's way hard way harder to make a million dollars a year from a brick and mortar business than it does digitally i also think that the lab laptop class i saw elon musk call tesla headquartered employs the lab laptop class i think those types of people of which most of you are including myself we wanna do stuff with our hands and i think it's significantly better just to make money on the internet and then all your free time go get a hobby because if you go and talk to a blue collar worker they sure hell don't wanna be there okay so i'd rather be in the situation of like being able to choose this spend my time doing the other way versus so what in this question the guy said sweaty startup up makes great this nick our buddy the hub so nick makes great points about not wanting to compete with stanford grads generating real cash flow and getting risk of slow away i agree this might be the best video what do you guys think so i think this whole nick is great and nick and and i think you're totally right that however you wanna win win and there are many many ways to win if anything if this podcast needs to do one thing it's how many different ways there are to win but given that given that there are many ways to win you better choose the one you really want and for me i'm like i'm as well choose the one that is most ideal the most intuitive of the lifestyle i want i don't wanna go worry about the roof damage at my self storage facility or that the you know the the fifteen dollar an hour employee call it out sick and there's nobody at the front door now to take customers today like i don't want those issues i want i'm happy bearing a different set of issues and so that you know i think you gotta choose how you wanna win and i also think this whole idea of like you don't wanna compete against stanford kids this is like a great sound bite but it doesn't matter it's one of these true but not important i used to say this all the time and to piss everybody off in the office i'd say that's so true and it doesn't matter yeah which it's like dude i just wanna win like my high school conference championship i don't need to worry about you saying exactly you know what i mean like if i get there i'll who's doing digital comp like a internet company is like god these w stanford kids keep won't keep beating me it's like dude i haven't seen a stanford and even if i did see stanford could you seen those do that's not a problem like yeah give wed and and and push them out the way nerd like you don't have to worry about these guys and moe still work no are very effective just disturb but like it's not the stanford is of a problem if you fail in the internet it's because it's a noisy place and you couldn't get anyone's attention right you die of starvation not murder when it comes to startups internet startups and so if you're if you're failing is not because the stanford kids beat you it's because the market didn't want what you what you had to offer and i don't know i i like sitting behind my laptop i haven't worn pants in you know four hundred and fifty days this is the way to live and by the way you have or had you know you could talk about it whatever you want but you've had an e commerce business which is have twenty percent brick and mortar as in you have like people you gotta go see we have physical product we warehouse we have things like that more than twenty percent yeah whatever it is and then you also did milk road which one was better the newsletter that the news newsletter that someone else wrote that we pushed one button to send to you know three hundred thousand people and just printed profits from month one yeah that's the one that i think that was the one i liked the best the one that after a year we were able to sell just like that because there was no none of that sweat right they call it what he startups for a reason so i've done both the one thing i will say though real estate has some amazing tax perks so that that he does have that going for it and we'll wrap it up by saying and this sounds like i'm making fun of nick and cody both of whom are my great friends cody sanchez so i'm not but ask them which one's making more money the digital stuff right or the brick and mortar stuff right i don't actually know the truth at least when start up guys you guys pretty active on twitter and you selling them courses and these online courses hey cool which i digital revenue versus that laundromat revenue right so i would i would ask them which one they think is better but who knows alright what do we got alright next up i'll take it from the top someone named a block me asks what's the most interesting business you've seen that didn't take off and why do you think that was go for it so there was this app back in the day that i saw and when i saw it i was like this is this is gonna hit it was made by these russian dudes and it's called po and what po used to do was every other social network was like i post photos so facebook was like i go to party i post an album of photos then instagram was like y i'm on the go i'm had a cafe i'll take a photo of my cappuccino and it all had this kinda like look at me i'm kinda bragging about my life thing and i've always said that social networks when a social network it's it's not because of a feature it's because of a change in the the the privacy policy right so like facebook was the first time you used your real name on the internet because you would do it with other college kids who went to your same school that's why facebook got your real name your real relationship status your real courses put you get you had put it online twitter was like hey you don't have to be my friend you could just follow me i can't even i don't even have to approve you you just follow me that's a change in privacy policy snapchat change in privacy policy i like y this is a disappearing photo that's private so every great social network has a change in the privacy policy and po had a genius one which was you would request a photo from someone else so i would ping you and it would open up your phone and it would go three two one and it would take a picture of where whatever you're doing or wherever you're at and so you could kind of be like yeah it's a way of saying what's up but the person would default reply with a photo and i was like this is genius they're getting people they're giving people even more excuses to take random useless pictures this shit's gonna fly and sure enough on the first college campus it started to work and it was growing and then it's just kind faded away it never really made it and i i still believe in this mechanic of if somebody made this app where you would you would basically be you're basically saying what's up and they're replying with a photo and you're basically pulling the photo from them rather than pushing it online i think that's kind of a game changer but i was wrong and never it never worked i'm looking at their app description and their app page in itunes and it says that it only has like five reviews so it never took off but the funny part is is that you know how there's like screenshots of the app it's a very clearly it looks like a kid on the stanford campus taking a picture and the wait stanford and palo alto this says santa clara yeah i don't know what i don't know what's there but like you don't gotta worry about those stanford kids c it's so big deal it doesn't work but mine is do so it didn't work out it's door the word door than s ey but i've always wanted i've been looking to invest in companies that have a good chance of making buying a home online possible i'm i like i'm a firm believer that people will end up buying close to everything online and there's only a few categories where that's it's not the case it's like hardware so like like home depot still crush it because like you you don't buy a screw on the internet and then homes it's another things that people don't buy online no one's figured it out yet this company has not worked yet and i still think there's an opportunity for a company to work in the space where you can buy like you'll make hundreds of thousands of dollars or millions of dollar purchase on the internet i think that's gonna be a thing if you remember when mark cuban bought a jet on ebay and it was like all the rage like all freaked out i didn't even know this yeah so when he sold his company broadcast dot com he you know became a billionaire and he bought a fifty million dollar gulf stream jet on ebay and people were freaking out which it's not even that like that's not even that interesting if you asked me what's it's only interesting that it's a big purchase but like you know a jet like if it's the same model you kinda know what you're gonna get right and like the condition is like fair excellent know i mean i just asked google's ai i think i said what percentage of home depot sales are online and it said twenty one two sixty percent of its sales were online so even home depot is selling the majority of products online versus well if it's if it's if it's revenue then yeah i believe that because people order grill but like when you want like a five dollar like bolt you usually just go there and you'll buy of like ten of all different sizes you know what i like which one's actually fit but yeah i'm into like things that can't be sold or aren't being sold online yet that should be and i think that homes are one of them what else you got in alright here we go this something we've talked a lot about recently but what does enough look like for you you've got a much better answer than i do and just just for reference i put a bullet point in it and i i wrote out what what my answer be like a a a blurb it mine's this like long thoughtful thing and then sam like sam's i'll just answer yours for you just says i don't think there's ever enough maybe you explained your photo of view that i'll here's why might i thought that there was like there's been multiple times in my life it was like a hundred thousand dollars five hundred thousand dollars where i thought i won't worry and i've hit a lot of different of these targets and i still worry right there's times where i worry less for a little while but it like have you ever heard the idea of like have you ever seen you probably haven't but there's like stories and studies of people who lose a lose a limb and they're pretty bummed like six yeah they're bummed for like six or twelve months and then they go right back to being and they're like okay i'm back at it i feel fine i i think it's the same with like a lot of money stuff where it's like you make it the amount that you thought and then you go back to like where you were and i believe that to be true that's why i said never enough a couple of other other ways i think about this so yeah come on indian and google yeah let me just i mean do you got your wisdom cups out everybody because i'm feel you yeah are you gonna you need to sit like a indian style to tell the story yeah exactly let's just take a deep breath in for before i do this alright so vip pos so so paul graham did this thing where he created y comb which is basically the most successful company in silicon valley besides like google and facebook and did he just retired he just left and he moved to like the woods in england and he just writes code in his cabin with his kids and writes the poultry paints and well goes for walks and i was like this my mother this mother motherfucker thinks he's got enough and i was like you know dare he leave the rat race all of the rats we were shaking our fist being like you get your ass back in here and and i got inspired by that and i was like okay so what is they're like what's the enough states not money but like what would i what is my version so so instead of thinking what number would i feel like is enough because i i think that's a trap i just thought about like if i felt like i what i wanna go and then i thought maybe i could just go do that thing so here's what i came up with two things i said i i heard this naval quote which was retirement is when you stop sacrificing today for an imagine tomorrow and that hit home and he was like you know what that means is that the the moment you do things in your day that the active doing them is the reward not like you're doing them today sacrificing for some future payoffs that are gonna come at that moment you are free and and i was like okay that's the goal the goal is to be free meaning the goal is to on a daily basis do things that the act of doing them is the reward i'm not doing them for some future rewards and i said if i did that what what what types of things would i wanna do what types of things is the act of doing them the world itself and here's what i came up with i said i think that having a big podcast is actually the best job in the world and i'm obviously biased here but i've also tried a bunch of things and this is the best if you have a big podcast that means you're famous but you're only famous amongst nerds which is kind of the not annoying way to be famous it's talking all the good parts of being famous without the bad you also get rich but you didn't have to chase money you get to create content but you're not like the annoying twenty four seven vlogger who's got their phone out and ruins like their actual life trying to create content for some audience because with the podcast like we sit here for like two hours a week and record three hours a week and record and that's it the other hundred sixty five hours in a week we get to do whatever we want we don't have to think about creating content and we don't have to get hurt while we're doing it like do you want don't honestly one up myself in like like they dumbass youtuber who crashed a plane on purpose for views and that was going to jail you're not competing on an algorithm like tiktok where you get this hit of fame and then you're forever chasing it you bet podcast great you just talk you're un scripted you're une unlimited you're talking to a friend or somebody you admire like if it's a guest that seems like the best job in the world and then for fun i would basically coach a basketball team like my duck style and i would wanna just shit like chill out and just shoot the shit in a writers room for like a tv show or a comedian or teach at stand for twice a week i think those are the things that i would just do for the pure joy of doing them not for some future rewards and to me i'll have enough when my day is mostly shit like that why haven't you try to get a teaching job or a coaching job i haven't put enough attention on it like if this question made me think about it and made me think oh why don't i just go do that now and often life is that simple like it's not that there's actually any barrier in the way it's just i didn't put my attention on what do i actually want oh yeah okay i can probably just go get that eye like one good excuses you have young kids so it's like once they go to school maybe that would be yeah i was not a believer in that i think it's really just a matter of like i didn't put my focus on that's what i really want okay then go get it by the way there was a good paul thing so this guy tweeted out there are very few second times founders because anyone's smart enough to succeed the first time isn't dumb enough to do it all over again paul replied he goes anyone smart enough to succeed the first time is still running that company and then our friend nikita go yeah wonder what happened with that washed up via a web founder what he's doing these days so that was paul graham first thing and he goes touch shape paul so like you know even even the smart guy like paul can can get things wrong once in a while so he says he's got enough but who knows i actually do believe that he does but i think your answers is better than mine it is about enjoying the experience more and whenever i was like running my old company the hustle i look back at it and i'm like i wish i would have enjoyed that more during the process but it's a very challenging thing to do well i'll just ask you one thing are you okay with knowing that you'll never have enough before you answer that let me just put it the other way which is if you feel like you'll never have enough that sort of is to me that means you're never really free like the most fun interactions you know this is like when you meet with somebody you want nothing from them and you need nothing from them like those are the best interactions with people if there's no for freeing feeling that just literally i don't need you and i don't want anything from you i can just be here and just have have whatever experience i'm gonna have versus the opposite when you want someone's approval or you need them to like you or you need them to hire you those are the most stressful interactions and so to me i think if you wanna be free you gotta believe that there is such a thing as enough i think we're you're thinking about it differently than i am so let's say that you're an athlete let's say that you're a weight lift or let's say that you're a comedian your assignment how your your buddy if he ever gonna be like i'm funny enough i don't need to improve my craft anymore i don't think so i think he could find a a bit of contentment of be being like i'm on top of my game i'm doing awesome and i can always get better and that's kind of when i say it's never enough that's what i mean if my craft is building if my craft is building companies that means that there's always more that i can do to be better but that doesn't mean that i'm unhappy or not satisfied with where i am fair enough fair enough alright man let's go our one if you could go back to your college days what is the one thing you would have done differently knowing what you know now that's from sam faber so i was a huge idiot in college and not even like the cool idiot i was like oh man i was i was just be dumb just going to parties having fun with my friends late nights you know it's like wait did you love it or are you saying it was bad it's like for me i was just i was just doing nothing i was a dude nothing idiot and that's the worst kind and to me now that i look back i'm like wow college is a gold mine you can make lifelong friends you can meet future business partners even just you know i'm a business junkie now i wish that when i in college i had been launching business i got a captive market of students who i understand who i can reach that are just live literally living in this bubble waiting to be sold products and i could've have been working on my skills then versus i started working on my skills after college you know there's a alumni that like i didn't realize how powerful it is just to be like hey i'm i'm also i also go to duke you went to duke thirty five years ago i go there now and they're like cool you wanna hang out and it's it like it's that easy to connect and so now i look back and i would say i would mine that gold mine i was just sitting there eating chick f a on top of a gold mine i didn't even really look down and realize what i was sitting on the only smart thing i did was i studied abroad which is kind of a thing you really wanna do with that wear in time i went to australia what when you you didn't go to sydney did did yeah yeah man studying i think sydney australia is it's the greatest city it is greatest city be it's the best place to be like a nineteen year old the greatest place on earth my biggest regret is that i didn't take high school seriously enough to get into some of these amazing schools so i went to school at belmont university and it was like a southern christian university that had low standards yeah that's amazing what it says on their website too says it like a home of mediocrity like mediocre people exceptional prices like back then it was very expensive it was very expensive and it was like a such a mediocre thing i like when you say you went to duke like i i i envy you so much because at least you got like even the bat the basketball guys were like the best and then a lot of your peers were very very smart and i bet you met like a lot of people from even though it was in the south i bet you still met like tons of different like foreigners people from new york city people from california i didn't get to meet of those people so i regret that the first like jewish person i met was when i moved to san francisco at the age of like twenty two like i didn't know like it was just like pretty much just white people and so i wish i was like around more of a like a global group of people and so that was one of my big regrets i also wish that i took seriously the idea that the things that you do in college aren't that important they don't have to be like the thing that you do but if you take your hobbies seriously it's a really fun time to try on different personalities and things like that so i wish had a little i took i i wish i took that more seriously i agree with that the cost part which was i thought in college the thing is your classes and the result is your grades but actually that's completely backwards like the thing is the people in the environment that's the one thing you're never gonna get back and then if you really wanted a result you wanted to like you know take it seriously the way to take it seriously wasn't to get a pluses or like you know be an amazing chemistry major it was actually be like hey this is four years and after this i'm supposed to figure out i was supposed to be like doing a job and a pick a career i should dabble i should go and like sample like it's costco and it's noon and i should go sample a bunch of different way things that you could do meet a bunch of people who do that thing and i should do take this time to figure out what do i actually like to do and i wish colleges were oriented like that because colleges are oriented around the opposite assumption it's like pick what you want that means you must know and then put your head down and focus and it's like that's the wrong time to focus you should be dabbling at that stage do you have good credit okay credit i've like i have good enough credit dude i wish i would have so i didn't like get a credit card until i was like twenty four and then i started my company and i would max it out constantly and then i and i would always like pay paid it off like before i had to so my credit card utilization was always like a hundred percent and i didn't have a long credit history and so i wish i this is very practical thing i wish i had a credit card at the age of eighteen and i used it for everything and always paid it off so like a build credit history i don't have like the most the best credit because of that what did that come back to bite you where where why do you need your credit so that you're trying to get loans or something what do what you trying to do what when i try to buy the house that i'm living in now i couldn't buy it my wife had to buy it one because my credit history wasn't long enough which is crazy and it wasn't like fantastic i think like everyone once a while the six hundreds and then b because you're a business owner buying a a house and getting a mortgage just really really challenging so i can i couldn't buy fair enough alright what do we got alright this next one is have you had a deal not go through when close to finishing it if so what did you learn to do better how did your mentality regroup to start the process over not for sure but i feel like the sellers are trying to take this business acquisition which supposed to close on may thirty that's from mackenzie reed this is a great question and the i inter accidentally interrupted you but he said i feel like sellers are trying to tank this biz acquisition which is supposed to close on five thirty one i wanna address that but first i had a deal go through i think my nda is up but there was a recent media company that went bankrupt that tried to buy the hustle and we got to a term sheet and it completely fell through or we got to an lo and it completely fell through and there was like three others that i'd lined up and it also fell through and i was devastated so i changed my opinion to this like any deal that i have it's going to happen to it will not happen but i will act as if it's going to but just assume it's not going through and then if it does i will be happening because most fall through but to address that last question of i think the seller to try to tank this biz acquisition i have that exact same attitude when i sold the hubspot and i and then one day i just told them him i got to know the woman who is was i was working with at hubspot and she was like look you don't understand we're worth twenty billion dollars this deal is really not a big deal to us like this ain't gonna do anything for us i mean it'll do a little something but just so you know we already got like board approval to do it which means i told my boss and that boss told their boss and then that boss reported it to twelve people who are like a billionaires since shit and so if this deal doesn't go through all that means all twelve of those people have to like change something and and then more so i'm gonna look stupid and my boss is gonna look stupid and this other boss is gonna look stupid so because we're a big public traded company if we say we're gonna do something we're gonna do it not necessarily because of it's it's a logical good deal but because i don't wanna look dumb in front of all my bosses so we're going to do this versus when you sell to a smaller company or like an individual who's got money i do feel they will always try or not always a lot of times they will nickel and dime you or they will try to dock you but i don't necessarily think a lot of times they're trying to ruin something but i do think they will have motives which is like i'm trying to learn a little bit of information about this company so i could start up my own owner or do all these other things but when you sell to a big publicly traded company i think nine out of ten times it's not in their best interest to screw you that's a great answer i'm the same way go into every single deal assuming the deal is not gonna go through because as emmett said to me birds fly fish swim and deals fall through that's what they do deals fall through it is not a isn't it not a you know outlier or exception or like disaster when that happened oh a deal did what it does you'll fall through that's what they do baby like what what you're worried about stitch ass down why you crying but that's how that's my that's how i talked to myself when i when i get like emotionally attached your deal so the emotional detachment is key alright well how do you do that part of it you gotta get you needed to be having bullet bulletproof mindset before you get into an m and a transaction it's too late when you're in the m and a transaction to be like alright guys tough up this here brain to be able to like operate in a very like tricky circumstance where i might get life changing money or it might all fall through like you know that's a that's hard to do then you gotta train before that you you know that's the first thing second thing is i not only do they fall through that's also not fatal when they do in fact every deal i've done has had a fall through moment if not two and so that is my my rule of thumb which is that every deal that does close both there's gonna be two walkways away along the way you're gonna walk away or they're gonna walk away that's gonna probably happen twice you're gonna hit a wall twice before this deal actually happens where it feels like this deal is dead or it's simply not happening or there's just a very very low chance that we get over this this hurdle have you announced or have you said have you ever mentioned i don't not sure it's is nda the other two people you almost sold to instead of twitch i think i said before like we got pretty far down the road with facebook and that we also had a couple others that were facebook we had that we're at we're like out one hour away from accepting the deal in finishing it and one of the good things that they did tell me was same thing you just said about hubspot twitch is own by amazon and the corp dev guy was like look i'm sorry we've been so slow and i'm sorry we're not the like we can't just give you everything you want in terms of price but here's the good news we will not re retrain this deal which is what's it's called when you come back you trying to get that that's what they told me to negotiation once everybody's fully emotionally invested and you're like but actually now i wanna change this but then you think like oh you're just a doctor do you tell everyone that their kids are like doing great or like they look the cute like you know what i mean like you're just you're bullshit i had my deal through who's helping me helping me get through it and he confirmed i always was an investment banker he'd done a hundred plus transaction he's like yeah these guys are the the both of them facebook and amazon if they give you an offer they're solid on that that will be the deal that goes through there will be if they doesn't go close because you didn't disclose something that you then come out later with or you change your mind it's not gonna be because of them that's the good news of these big companies the bad news is deals get hung up or delayed for all kinds of terrible reasons so so you know i i just sort of expect a deal is always gonna go slower than you want is most likely you're gonna fall through and even when a deal happens it's gonna break up twice before it happens that is the rule of thumb and so i i gotta do i got some great advice from biology when i was doing the milk road sale we had a couple offers and one offer was higher on the money and the other offer was a little lower on the like you know i would say well was like twenty five percent lower on money or something like that let's say and he goes okay well you're saying you're you know you wanna take the higher deal that makes sense but let me ask you one question and he goes are both of these deals at the same point meaning have they both been have you been talking about the same amount of time have they done the same amount of diligence so far have you gone back and forth the same amount of times with them said no the the lower deal we've gone all the way through and this higher deal where it he just came on super you know they came on super fast and and they're were really eager and and we got the deal done fast i was kinda excited like these guys seem really committed because they're they're they're they're moving really quickly here and he goes okay so you need to apply a discount then he goes the offer is not twenty five percent higher in fact it's probably half as high once you apply the discount of this deal doesn't doesn't close or falls through you're gonna turn down an offer that's solid for an offer that might be a slightly higher but hasn't done the two fall throughs yet and so he's like you need to apply discount he's like if i if i'm honest this if i'm discounting this it's at least fifty percent based off of just the normal way that m and a deals work this deal will not be the exact deal that closes if it closes at all and that was very sage advice and it ended up ended up playing exactly out we tried to go with the hire offer and then sure enough more stuff came out of the what work work that gave us hesitation and then we were like look this is not as solid as we initially thought or like you know we can't just take them the headline numbers we have to take into consideration the ability to close and the credibility to close and that changed the calculus and the way you get around that is you say the bad things up upfront i think as best as you can you say anything that will ruin it as early in the process versus as late in the process this was great advice you gave me you gave me this advice when or go through the mill credit process you go here's what you're gonna do because i was going to dinner with them and i said you said here's what you're gonna do you're gonna go there and you're gonna say the following you're gonna say awesome sounds like we're all excited now i'm gonna tell you every reason you should not buy this company i'm gonna show you every skeleton in the closet now save ourselves some pain later and if anything here scares you you i'm happy to either explain it or if it just doesn't work then you know you we can know now and i was like well that's the opposite of how i would have naturally approached it so so tell me more and then i did exactly that and after the deal went so we we did that and then after the deal went through we did a post mortem and like hey and that's how you know these buyers are smart they're like what could we have done differently in our buy and i said saying what could we have done differently in the sale and they were like one of the best things you did was at that dinner when you just told us anything that was bad about the company and you just proactively said here's all the skeletons in our closet or anything that might look ugly to you he goes that built so much trust it for us that and he's like from there we we weren't even like we weren't worried about those things because it builds so much trust and it's a very selfish thing you gotta do it in a not it way you can't actually do that and then leave out the real skeleton that that's it it's like the opposite no trust so so that definitely worked and got confirmed on the it's it's it's a it's a win win scenario which is you get the deal done hopefully faster than than slower and also it makes them trust you which or option which is you find out earlier that this shit's not gonna work and you move on you don't waste three months of time you know dragging it out when you would you could've have known that up upfront if if boats has been more honest i agree alright ben what do you say alright next question is do you have any updates to sarah's list or any new additions so sarah's list is this list it's dated for my my wife because it's at this point it's just its own name but basically we made a list of companies where you could join and have a safe job meaning you're hopefully not gonna get laid off like you would at a ten percent startup or go out of business you can still get paid a lot in salary and then still have like maternity pate maternity leave and have a lot of these perks and benefits and also your stock i think our requirement is good ten is it so basically five five basically the it's based off your real real story sarah joined facebook she joined airbnb and she joined them not like super early when they were just still in their you know their apartment trying to figure it out it was like it was it was working this is a business that was already valued at you know let's say a billion dollars or more and so a multi it was a multi billion dollar company already you get the fat salary you get the oat milk unlimited oat milk on tap in the in in the break room you get the maternity leave you get everything you would want but also you get a stock package that even if you're not even like a ai engineer like let's say you're getting seventy k a year of stock if that thing five x is you could become a millionaire without ever having done the the the startup route just in a four year vest cycle and so and that was your your wife's story it was inspiring to me and to you is like i feel like nobody talks about this but you have to correctly identify the companies that can four or five x in the next four years and so we have this list so anyways they want an update on that list about there's a youtube video of the last time we did sarah list and we i think we've done it twice so we actually updated that hey a bunch of the companies we said the first time sure enough i think the average multiple was like you know in in exactly the range that we had talked about so now i actually think it's the opposite i'm calling it ser exodus basically there's a whole bunch of companies that raised money in twenty twenty twenty twenty one that we're at valuations that worked when the economy was different the stock america was different inflation was different interest rates were different and now those companies it'll take years to get back to that same valuation if that and said now i think it's ci exodus which is what are the companies where you just have zombie equity you are so far underwater on the value of your shares that not only will it not four or five x it's not even go to 1x x you won't even get what you think it's worth today you're gonna sit there for four years earning that useless stock and so i actually think you have to make the opposite list what companies raised too much at the wrong time at the wrong valuation that are basically upside down and and you basically will go to tech crunch and you put your what when did the bulb basically twenty twenty and twenty twenty one as peak maybe even a little twenty nineteen and go through tech crunch and do sort by like ear search any unicorn yeah yeah and anything that became a unicorn in that era assume that the likelihood is is proven otherwise right go to go to your ceo and say hey what is the fair amount market valid is their actual fair market value of this company right now what's lot what is the last money we raised that how much total money have we raised well we've raised six hundred million dollars okay so we'd have to sell the first six hundred million if we sold would just go back to the investors it goes nothing to to employees and figured how much secondary did you take and what type of g wack do you have what color that your g yeah yeah you figure out those did ever tell you the create so you're talking about like doing one of these big companies and you can get like all you can eat food and shit like that did i tell you about the craziest thing at airbnb if you go to their they like a cafeteria their whole s was that every single thing from the ketchup up in mayonnaise to the coca cola to the all the condiments the trail mix everything was made in house on premises what when there was an office all the food was made right there in the spot and it was amazing there was a that that's amazing i remember the same thing happened at what's it called z i went to z i met the head chef at z he ran the chef was a manager of like forty people that was the culinary team the internal culinary team was forty people at z you show up at z first of all there's like ninety four dogs running around insane amount of dogs there their logos a dog and every there's two dogs for everyone employee there secondly forty person shit like a dog feeding pit in the middle like people like when times yelling other facebook made the out change yeah there was a little dog fighting ring that that brew up and and the second floor and i went into the kitchen and i was walking around he's like yeah we do our own butchering and he opens this like fridge that was like a forty foot but you know like fridge and there's was just like one of the there was cows hanging upside down i was like you're gonna break that down he's like yeah i break that down every morning oh what's this on top there's no labels he's like that's my homemade kombucha like we make our own we brew our own drinks we make our own food the veggies that you see that mushroom it grows on the roof here and then i during the tour i got a little hungry reaching in the pocket had some cheese i opened up the bag dude they heard the cri of a of a packaged good in that kitchen the the whole kitchen are back it they're like it was like i said bomb on a plane dude i was like i'm so sorry i don't know how this got here i don't know what this is put this in my pocket did do they still have you think of course they don't know but no though they we have the building here the whole building got sold i think the building sold for more than the company was worth the time i think if you google z building they owned this building in san francisco and i think they sold it for two hundred fifty million dollars at the time when the market cap of the company was two hundred million dollars yeah that was either that or or more profit than they ever generated the was one of those two and yeah now it's owned by take two who who makes grand theft auto and nba k they own z now yeah i like those those chef companies so like sarah's list i i think you gotta go get get yourself we're not nice dating somebody who works at a company with all you can eat food what are you doing what's the point no barracks bro what are the perks needs to yeah what are the attributes of this relationship you know what need the you need to bring some attributes you better be you know the like starving artist extra hot or you have a company have all seen how many cli bars i was like a like i was the pablo es escobar of smuggling cliff bars out of tech companies for like a three year period i had free prosciutto for a year i used to like i used to i used to call it i didn't even know what it was i was like yeah i i find this in all the land dude i used to senator to work with tu wear containers that thought a break make sure you stay till suck but i was a dinner there you're laptop why are you home so early i know that that facebook dinner didn't start until five thirty it takes you an hour already to get home where's my per pursuit ben what do you say what do we got do you have any frameworks for maintaining healthy friendships especially when you're separated by distance mind simple i'm in the face of life right now i have got one simple phrase when comes to friends no new friends if you're in you're in it's a mental for you yeah there's your same note and everything if you win you in if you ate you what's yours yeah i'm i'm the same my second this i apologize to my friends i i'm a shitty friend to them they know it i i do feel bad about it but you could only try to be great at at so many things at once and okay i got kids so but what are you still picking which thing you're gonna be great at which which one you gonna be try to be a great dad try to make a bunch of money and then try to to to incredible shape those are the things i've prioritized right now and so you know friends had to take a little bit of a hit there alright you loser what do you say ben and what do we got if you were to start a business based on the quirk or most ridiculous idea that you've ever had what would it be and why yours is actually good sean yeah did you have an answer for this no because i'm not like that quirky of a person say yours the iq test is actually a good idea alright so i so i remember i met a guy who would sell stars like literally like a star in the solar system for twenty five dollars he would name it after you and i think he would just name it in his own database and then there then i saw this there's this guy just like crushing on tiktok i don't know if you seen these tiktok ads where you he will they own a small piece of land in like dublin or something or something like that and you will officially be knight as a sir like you'll get official title as sir and you will own a piece like a plant on this land got one foot by one foot you know like plot of land so when i saw things like that you know there's really two reactions there's most people who i roll and say this is what's wrong with the world and then there's me who's like man what's wrong with me why haven't i done this and that's kind of where i'm at so i would love to just take time to do some of these stupid things like i wanna be the pet rock guy or like the million dollar home homepage guy you know i think that would just be a lot of fun as a challenge i have an idea which is i wanna create a new iq test because like who doesn't wanna seem like they have high leader like a high iq i so i think you could build like a iq test that people would pay to see how what how they score or just go all in on something super woo like horoscope crystals something like that i actually launched a d crystal brand like an e commerce brand for a month and now that i look back now that i know what actually how e commerce works that brand was actually working i was just too big of a n to even understand like is this why bad like why is it good because people can't return it no no i just mean like it was working like i was acquiring customers at a good rate like the i mean all e commerce is basically c versus lt tv it's just what's the lifetime value of a customer the lt tv compared to the c the cost of acquiring that customer and and actually my my lt tv the c was actually good i just didn't really understand it enough at the time and didn't ent it enough at the time but my first e comm biz before the one i made was a crystal one like in my garage right now i have like four thousand rose quartz coasters still just because i didn't sell again i didn't move though that inventory i shut it down how much of it cost for you to buy and to sell oh dude these are very cheap to buy like you know the gross margins is like seventy five eighty percent so you know you buy it for two bucks you sell for ten it's just like round math right but like in reality you're selling it for twenty four and you're buying it for whatever that math turns out to dude that's wild but like also you don't wanna be a fraud which hey if you're selling crystals i mean fraud is in the eye of the believer as i say and there are a lot of people who believe that crystals are good and help them like the reason i had this one of them was but i'll tell it to i went and i read i opened up a magazine like you know cosmo or one of these magazines i like okay i'm gonna go look outside of my normal box for new ideas so i went opened up like cosmo and there's like this two two page spread about crystals and it was basically like adele will not go on stage until she like uses her rose quartz crystal thing it's kim kardashian after she got mug for her four million dollar diamond ring on if you remember this she claims that crystals are one of the like only things that kept her anxiety down and soothe her she keeps one in her bag at all times gwyneth pal from goo i mean obviously huge into crystals the do even need to explain so there was like this huge number of like celebrity email influencers well and there's the adam sandler movie with kevin ga where he like buys that you know million dollar black chris that's yeah that's right that came out late after i'd done that but but yeah i basically i solves was like oh if if kardashian adele and like whatever jennifer aniston or whoever these people are like if they're all into crystals like trust me the you know the perfect e commerce customer a woman in the midwest is going to buy this stuff and it was actually more some trick named kin yeah so can't you know ken in idaho she wants buy the shit out of your rocks yeah like if you have if you have like a sign that says simplify or i love us you're you're gonna be one of my customers alright ben what do you say where are we at alright that one was mostly for sean this one is mostly for sam which is what were the first five big boy moves you made at hampton the first thing i did by the way you song you guys names so peep people who ask these questions just joe watkins yeah joe joe watkins and ces asked about hampton i don't know about the first five but i didn't buy domain name it was just hampton at hampton dot squarespace dot com and i sent the link to a bunch of friends and then they sent to a a handful of other friends and then i just reached out to tons of people people would sign up on that page which is was just a type form and then i called every single person and i interviewed them and and me and joe joe did like the back end stuff but i did the front end stuff of like calling all the potential customers and i must have interviewed a hundred to two hundred people and i was the one that sold and got us the first million dollars of of sales and so i called it i told i would joe can tell sean my calendar looked like a zebra it was just like constant stripes of like these thirty minute meetings with a ten minute break thirty minute meetings ten minute a break and i did hundreds of them and i got us to a million sales a break that's a good question probably just late on the couch and think i hate this and i'm so excited when it'll be over one day like i mean it's it's really hard work it's very challenging and then another big thing i did was i hired a ceo because very early on i thought this is gonna be bigger than i'm the the this thing will be exceed my personal capabilities and skill sets very soon so i should hire a ceo but getting the first million dollars in sales is what i did for like two months i would say the other thing that you did is you you nailed the brand and the name which is just art that's talent but i think that you know a a name won't break you but it can make you i think hampton is a perfect name because you borrowed the prestige of the actual hampton and you hired a agency to do like a nice job with the branding or whatever so i think that was also that agency i hired was fifteen thousand dollars and basically what i did was i sent them a whole bunch of really old real rolex ads and i also said my favorite color is british racing green because because that's like my i i love that color it's like a little whole british also no it's british racing grade i love like i i've had motorcycles in that color i i have all types of like toys in that color i like that color i go make it look like an old rolex ad and make it and use british racing green and that's kinda how it came to be and fifteen thousand dollars for you to spend fifteen thousand dollars like give to you give a sense of like is that just nothing for you or are you just like let's just say this you sweat that last saturday i drove twenty minutes to return a spatula to target for seven dollars so yeah i'm i'm a tight one i was a kind of guy that lick his finger before we you know gets what it gives out of one to the make sure there's not a second one second on there it's hilarious alright what do we got alright next up is this is from josh red who wants to know what are the three most common small boy boobs that you see alright so we have this phrase no no small boy stuff okay what what is small boy stuff right the first rule obviously is if you think it might be small of more stuff it is but besides that i would say there's the the three big ones the three big buckets are the three w waiting worrying and wanting anytime you find yourself waiting to do something that you actually wanna do that's a small boy move that's a small boy mentality you're focused on the wrong things worrying same way worrying has done anyone a lot a lot of good you gotta know how to do worry i think sam's worry time is a fantastic framework for that so go go look up sam worry time and wanting wanting meaning like wanting what other people have and really like you people are their happiest when they're grateful meaning they want what they have versus versus you know wanting what they don't have and so i think that if you find yourself in a state of mind you don't wanna be in in that small voice data of mine it's because you're probably waiting to do the thing you actually wanna do you're worrying about something that might might happen that might be bad or you're wanting something that you don't have that other people have you're being bitter you're being jealous or or or or on and so forth so to me the three w kinda capture most of the things that are small boy activities have you ever heard of this phrase this is we're gonna get a little sig freud on your ass external locust of control do you know what that means i've have heard this phrase many times and i never have any idea what this means locust is a bug that's where i started and you tell me where to go from there yeah you're totally wrong but so in internal lo of control means that well let's say an external of control meaning it is means the way that you feel and the position that you are in your life it's because of everyone else so if you have an external lo of control you think i am in a bad mood because the traffic is bad and it's their fault or i am i'm poor because the the government won't help me or everyone's out to get me internal is the opposite which is i control how i feel and what i do and where i am in life and so i think that there's a direct correlation between like like what i consider like a small boy thing of that internal versus external lo of control so anything that is when you say i am the way i am because i choose to be or i i put myself in this position i think oftentimes that's when you're more on that spectrum i think it's better than when you're are when you're focused on external so anything where it's like i have to wait until this is ready or or i have to please these types of people or whatever that's typically i think a loser mentality yeah hundred i i use i was actually telling somebody this yesterday and i was like where where do you think the power lives in this scenario let's say there's a plant that's not growing where where where's the problem and you know where where do you suspect the problem is they're like well i mean it could be the soil alright so soil so it's the environment that's the reason that that's a plant no no maybe it was just a bad seed oh it was kinda like the genetics of of the seed that that you would blame for for the outcome no no it's just not getting enough sunlight because there's other plants blocking it oh so it's others it's competitors that are taking the finite resource that you you can't have what what is it what is it that where is where is the problem and and the answer is really there is no problem you are the plant just fucking grow like don't don't blame anything don't don't feel lack in any one of those areas like you wanna be ultimately you wanna be the plant that can grow in any any one of those any under any conditions from any seed in any soil for with any any sunlight in any competition and so what i find is that i get along least with people who really like over index on they always blame the soil it's always the it's always this the city's fall to toe us the schools fall it's always is the environments fault or people who oh it's genetics i'm fixed it is the way it is alright or oh it's the competition they're always taking my things right it's like those are the people that get along with the least and even in myself when i find myself thinking that way i get along with myself the least i hate myself the most when i think that way see you you didn't know what it meant but you you came to the same conclusion that you know hundreds and of of years worth of psychologists it took them to figure out me the time thousands of years of wisdom i just sort of on an afternoon that just come up with a better version myself and then i then i find the words to describing it and you used a better analogy alright ben what do you say where are we at alright we got an emotional one ladies gentlemen grab your tissues sam what is in your opinion the greatest quality that sean has sean same question what what is the greatest quality that sam has that's a question from griffin humphrey griffin good question sean's greatest quality if it is i feel like i don't wanna look in the eye right now i'm just close his eyes when i close my eyes too it's like it's like with there's a ton of ways that i could take this analogy i'm not you're shooting up table and somebody puts their palms out like this and then you're supposed to put your hands and there yeah yeah that's weird you don't like people to be i way to do that just like compliment each other and go to the bathroom i contacted it it doesn't exist yeah we need to shed side my side i don't but there we go yeah yeah it just the conversation when you have your notice when to go to the bathroom but someone even if you're walking you through the bathroom together as soon as the fly goes down the conversation stops yeah the fly or zipper like the off button and then you shaking and you go back and the fly goes up yeah you're just despite back to the conversation conversation that's where this is like sean best attribute is that his attitude is always positive so i don't think i've ever been able to not that i've done in the purpose but i've he's i've never gotten them rattled and he's very very very pleasant i think almost one hundred percent of the time i've never seen them get upset about stuff and that is actually frustrating about him is that he doesn't get frustrated sometimes but at the same time i would rather have that because i'm fairly emotional and i get frustrated easily it never gets frustrated and so i would say that's his best characters internal focus of control baby yeah you you control your inter mindset yeah yeah the locusts is inside of you all the time it never goes outside of you you you you you it's in you so i would say that's easily your best attribute is the ability to stay calm and happy no matter what mind for you would be intensity i think you do a great job cranking the knob up whenever you are into something i admire that and when i look at all the things that i admire about you like the way you're self actual in terms of fitness or the way you built the hustle or the way you're building hampton right now the common denominator is the level of intensity you bring to it so i don't think there's really anything else like i it's not like i'm like oh you know the reason saying again it's internal lo of control it's not like i'm like sam sam got lucky because of this he's got people helping him and that's why he's winning or he's just born with some talents that others don't have it's like i think you just have a better job at crank at the intensity to twelve when it's time to if you're like i'm gonna get in shape you're like great inject my butt with t build a home gym hire hire personal trainer hire a coach by the best equipment do the wake out every day do the program when i'm doing the workout i'm pushing myself to my actual max and then i'm doing this i'm measuring everything i'm posting publicly so i'm ashamed if i don't do it you go the full way and it's like the same thing with hampton i told you this like i ended at a very similar idea for a peer group thing years ago i kinda dabble with it tried it created one it was actually going pretty well but i was like i signed the object over here got kinda bored decided didn't really think it was the right thing i didn't really see the big picture to see you take that at same idea and do it at level twelve intensity is such a gift for me because it's like i get to see a without intensity approach to the same idea and with intensity approach the same idea and it just shows what the difference is and then like that is the difference and so to me that and i also wrote sam's got a code and he lives by it i think you're a lot more honorable than than most and that definitely than me and so i kind of admire that to too what what code i i don't i don't view myself as having a code necessarily do you feel like when you give someone your word that it's done yeah it's for limelight life i do you feel like that if someone's your friend they should fight for you and die for you and any small slight is a like like a a a loyal stab to the heart i feel like if we're in public and you get a fight with someone and you throw a punch even though it's your fault got the fight yeah and the the the the the person's it is over and then afterwards i'll be like you're an idiot that was really appropriate but yeah yeah yeah i feel i i disagree privately publicly like we we die together yeah i we'll say showing up on time like i feel you have a code i don't even agree with your whole code i think you're crazy with something when you go chase down people that broke in because you're like no you broke in now we fight we do but i'm like that's stupid it's sam you should not do that or you're like this guy's trying to charge me an extra hundred dollars because of whatever no we we're taking him to pet court and i'm like sam it's not worth it man let it go so i disagree with your code but i love that you have a code because i don't think i really have a code to live by alright what do we got alright really quick let me just tell you guys the last questions and you say what what you wanna do what you don't so we got clear you're paying attention to we got pros and cons of building in public let let's do creative one really quick yeah who are the creative creator that's kind of a weird one of creator you are paying attention to and why i like isaac french because that was awesome name creator someone who's like creating content they're also an entrepreneur they're building a business around their podcast or their youtube or their twitter or whatever that's what it is i like isaac french i hung out with them and i was like why are you so purposeful with everything you do he goes that's just part of our religion but we feel that like we just have to be excellent and that's how we show that god's great and i was like oh okay so like you're i'm not gonna better against that yeah the yeah i like jasmine star there's just a woman who has us she's got a a software company i've met her through hampton and i've whenever i hang out with her i feel like i'm gonna cry like she's it's so intense and she's like she just drives herself as like a latino woman from like i think east la and she's like so like i'm gonna like crush all these tech nerds and i love that attitude and i like jason yan and austin reef jason yan runs black works a crypto company that just raised some money i would never bet against them and then austin as i've got no austin reef the founder of morning brew do you agree with me that guy a straight stone cold killer i would never bet against austin i would never really impressive and actually my opinion of morning brew because i was friends with you so same you know the loyalty test i was friends with you therefore your enemies are my enemies and when you were doing the hustle i was like okay so who are the other newsletters those are my enemies someone go look up their founders and they're on my shit and no austin is a friend and i actually really think that guy's awesome and he's super clever and there's a bunch of people that are like successful but stupid he's not one of them he's smart he is not he's he's he's real so you see i give him my my he's young i always forget this i think he's only twenty seventh still i think he'll have north of a hundred million dollars before he's thirty years old is my guy and he's got a mean left he hook shot alright so my creator i'm looking at so i try to look at people that are in different bubbles because i think if i just look at other business content creator entrepreneur people i'll become the the lame the lame twitter thread boy copycat wanna be bitch boy that's you know the when i saw myself my head so where do i go look instead i look at creators in other categories so i'll you a quick example we had danny austin on the pod recently and actually a bunch of people who were listening to it i saw a bunch of like feedback that was like oh this episode wasn't for me instagram influencer who cares and i was like you guys are missing the point like yeah she's way more sophisticated yeah i was like the goal there was a good there was golden nuggets there so first i subscribed to her content because when you look at what mommy influencers on instagram do it's a whole different style of content that you can kinda steal ideas from and get inspiration that's the first thing the second thing was every other mom influencers created like my fashion brand is here buy my dresses for the summer buy my swimsuit suits whatever same same same same same merch and fashion apparel she picked an incredible business which is this scalp care thing that was perfectly aligned with her story of why she's famous in the first place so why people connect with her but it's this high margin thing with a only a couple of skews doesn't have any of the headaches of fashion it's a beautiful business and it's crushing doesn't you know forty million dollars last year in revenue without even you know pretty significant and without even like a a lot of ad spend and so to me there was a nugget gold which is what happens when you align the perfect project selection like that's an example of perfect project selection paired with awesome content creator what what could that business sell for that should be a multi hundred million dollar business like that should be a two hundred fifty million dollar business if they just carry on that that is a it's perfect project selection i like i couldn't admire it more perfectly aligned with her and it's beautiful business on its own alright others that are more in our niche so pump i'm inspired by his level of output the guy's a machine i'm super weak and consistent with output and he is super regiment like i think he's ex military too so like he is super like regiment with with output and i'm also interested in how he's like redefining himself he's rebranding himself outside bitcoin right now and that's something cool to watch so i wanna see what he does and what works and what doesn't there tim ferris also very different than me he's ultra thoughtful about his brand which is the opposite of me like he's measured he's thoughtful he cites his sources he is like he does not say yes to a lot of things he's very picky and choo he's the opposite to me every way so i like to see what he does because i wanna like you know i wanna learn through learn from people with different play styles and then steve bartlett same thing he's high style so everything steve bartlett does is cool i buy a hat he buys a hat mine looks shitty his looks awesome you know he well he's also like a six one like pretty ripped looking black guy mean of course he looks off everything he does style the way he talks is in style the way his his british trailers are done in style his live podcast show he's got a gospel choir singing as he's talking or some shit like that i even know i don't understand it but i just know that what this guy does he does in style i think there's very few people just like i think there's very few people in business who are funny i think there's very few people are in business that have style and so i kind of am looking and watching what they're doing and picking little pieces from their game dude i always look at steve mcqueen you know steve mcqueen is he's like this actor that he's dead now but he called him like the king cool and i like look at clothes that of he wore and then everyone wants to dress like him and then you see like on reddit someone's like oh i i bought the steve queen outfit and you look at them and you're like oh you look like you look like store brands steve queen like you know like that i good sometimes people just look like i look at brad pitt and i look at his clothes and then i like see people try to dress like him i'm like dude you just don't got it you know what i mean like no matter what i do i will never you're just better looking than me you just you're got you got the pod that's sometimes that's how i still feel about some of these guys and i guess we'll puts steve in the category when you're when you got that pod and you got that face you're that talk you know you're you're gonna look it no matter what fair enough here's a really quick one someone said they asked a different question but i'm gonna phrase it they asked one question i'm gonna phrase differently which is who do you wanna live with face gary maynard vaynerchuk elon musk and mister beast and i wanted say something i think they all would be horrible to live with those all three of those guys would be the worst roommates yeah totally oh only elon because he's he'll just never be there actually that's the best for me the guy who's just guy empty room you actually got a you're you're you're living in a double but it's all yours it's like that that's that's actually a pretty good good deal i've lived with a a a handful of highly successful people and i like hung out with them i hate going to their house their homes are usually a wreck i hate it i would find with heard these guys hammer around in this office right now like like people would unsubscribe the gentleman agreement would be over people would be like i never wanna hear from this guy again if somebody lives like this like think of your worst episode of hoard that's currently what my office looks like it's it's an absolute mess that's disgusting in how do you live that with i just do bro i just do i don't know i i i don't know how i live with myself like this this is crazy i don't wanna be my own room you're your room's like a mall man it looks great like from this angle but you got all this party nonsense to well after i re record this i just leave this room and so i never come back and clean it i can't stand that that's filth to me i would not i cannot be around that is that it are we done do we ask one more i wanna ask one more alright because why not kevin newman asks who are the three folks b seven three but who are the people that are having the most fun i love this question i think about it all the time because you could ask like who's the most successful who's the smartest who's the most popular i'm interested in having a lot of fun with my life i only have so much time on this little planet i wanna have fun with i wanna enjoy it and so i think this is a great question to ask i got a couple but i i would be really curious to hear yours and i think yours would be very different than than mine do does amy may come to mind off top of your head rob d and say a few more words about that rob die what i think of what i want my life to be it's basically to have a fantasy factory so rob die by the way he talked a lot about his wife not only she see does she seem awesome former play mate model i does she see awesome she looks awesome yeah no rob d he i think he has a ton of fun and i think that he i think he views i like people who view business a little bit like an art instead of like a mckinsey like spreadsheet do and i think that this is his art is this is how he expresses himself and i think he has a shit load of fund and the way that he's broke all he had an episode on fantasy factory where you like broke nine world records or something like that just because i love people who do just dumb stuff just because it seems fun so i think rob diet is up there you have joe rogan he seems like he's living his life by his you take joe like alright what are the five things you're you most enjoy doing he's like i love comedy love e c i love talking to smart people and learning new shit i love hunting i you know and then he's just like cool that's my life it built he integrated his his career his life and his friends to be the same thing like his friends are other comedian and and then he's like and and and and people the u usc his career is like oh i'll be the top broadcaster the u the top podcast and then i'll be one of the top touring comedian like that sounds great like they'll make a bunch of money and i'll get to do my art like that sounds fun and then any a drew boundaries he's like yeah i love the but i'm not traveling to like senegal a for this pay like i only do the one when i go to like within a two hour flight of me or that's it like that's my rule and i'm just gonna do that and i'm okay with not doing the rest and i love that you you said he's yeah he's not divorced but seems like he's got his head on straight like i really think he's having a lot of fun admire that bill simmons is kind the same way he's basically that for sports and then my uncle vin i got a uncle vin who's literally his nickname that was given given to him was smiley so he signs all his signatures vin quote smiley and he's just or he'll just sign it smiley and and like this was we just in the banks like sir i don't think you could do that if he's i don't know seventy something years old and if you hear him he's like i'm getting younger every day he's like i'm so excited he wakes up before in the morning would no long because he's so excited about the day and like even even though the things he would he's doing like he's i'm so excited i'm doing this webinar about multi family real estate right now it's like it's not what i would enjoy doing and it's not even something that to the outside sounds super glamorous but the point is he he is excited about it he is having the most fun in his life like he he wears what he wants he dresses what he the way he wants he talks the way he wants he does what he wants with his time he travels away he wants and i just feel like that guy his joy meter is like you know permanently stuck on on like max and so i kind of admire that because with joe rogan it's easy to say man yeah if i if i also had the best podcast and u seen and all these hobbies and great friends like yeah i i would be having a lot of fun too and my hope of is a great example because he doesn't have anything that like is the he doesn't have a lifestyle that's like you know some celebrity or something like that and he's having all the fun like now and i think that's great because he's not waiting to achieve all this shit to have fun he's having it now what type of indian guy has the name of vin is that a was real name vin like vin and then he went vin to like make it more like acceptable in america when he moved here and then they just were like bro this guy never stops smiling so his the whole company just called him smiley and then you know that was like that was the whole thing we we named one time in austin we had this really bad office that had rats and we nick and we had and we nicknamed vin and vin was an italian guy like and they would come in at night like oh hey the fact guy i left us some cheese and that was the name of our office rat was vid any video bitty from new york and that's what i think it was haven't named an office rat mouse okay you haven't it grind have you lived you're not on that right alright q and a this is the easiest stuff ever to talk about so maybe we just do this every time now i know like gary van vaynerchuk did that the whole show was ask gary v right all you have to do is just like answer dumb questions yeah this is fun we should do more alright that's a pod yeah i feel like i could rule world i know i could be what i want to put at all in it like a days off on a goal travel never looking back

Episode Notes

Episode 457: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) put out a request for your questions and they answer more than a dozen of them... from the quirkiest business ideas to what would you do differently in college.

Want to see more MFM? Subscribe to the MFM YouTube channel here.


Check Out Sam's Stuff:

* Hampton

* Ideation Bootcamp

* Copy That


Check Out Shaan's Stuff:

* Power Writing Course

* Daily Newsletter

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Links:

* Sweaty Startup

* Dani Austin

* Isaac French

* Jasmine Star

* Jason Yanowitz

* Austin Rief

* Pomp

* Tim Ferriss

* Steve Bartlett

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

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Show Notes:

(01:40) - Sweaty Startup

(07:35) - Most interesting startup that never took off

(12:00) - What does enough look like?

(20:30) - How would you do college differently?

(25:35) - How to handle a deal not closing

(34:50) - Updates to Sara's List

(42:00) - Maintaining Friendships

(43:00) - Quirkiest Business Idea

(47:40) - First 5 Big Boy Moves at Hampton

(50:40) - 3 Most Common Small Boy Moves

(55:35) - Sam and Shaan's Greatest Quality

(01:01:00) - Favorite Creatorpreneuers

(01:07:20) - Who would you live with?

(01:08:40) - Who is having the most fun?

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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.

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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

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