The Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson

Date
Duration
117 min
alright so this is the third time we're doing this it's the best part of the year the season finale it is called mill awards it's our annual award show we did it the first time i think improv or like pretty pretty close to it we did it just like kind of on a whim people loved it so we brought it back and now we're bringing it back again and it's basically it's our awards so we do categories like billy of the year breakout company or person our favorite un sexy business our own best investments and our own worst investments things like that so i'm excited i already got the sort of season finale vibes and i'm i'm excited for this you wanna say anything look you you look like you drive a white g wagon right now i can't believe how fast you've gone from indian to persian i look like my mistress drives a white g wagon you went from dirty to alpha persian was just one jacket and that's kind of amazing how that's happened i have never sold a rug but i feel like i could right now yeah and dude you guys you guys let's see you sam you didn't get the memo about dressing up andrew are you your mic is blazer you're yeah you're blazer up did you guys bring hard again bro or you always wear a kart you always have like you know modern grandma style but i'm i'm i'm i'm at a a guest place you know i'm i'm on a airbnb i gotta do i gotta do i didn't bring break i didn't bring in my person apparel i'm sorry alright well guys cheers to a great year a crazy year i have i don't know what what what's in everybody's cup here so sam you're you're a classic midwestern cola kinda guy you probably say cola don't you no but i am drinking a coke the there's a great map where it's like some people say pop some people say cola some people say you know little soda or something like that i feel like you might be a pop guy andrew what you got in the cup i've got a aero pressed coffee in a tiny mug bro you just brought to you by you just sponsored this whole box just now that was slick i have a very f cold water with fresh lemon juice inside maybe i'm starting to cleanse i saw a great way goes i don't cleanse i clog and i thought that's pretty my true you're on the juice plans i'm on a cheese clog alright so it cheers to you guys twenty million downloads this year for the podcast which is i think six times bigger than last year my or maybe four five five i might might have my math on there but i think youtube's is up 6x x and the pod is up four or something like that big gear big year for us which is which is fun and andrew you are the most frequent guest you're the most favorite guest and so it is only right to have you here alright so without further ado should we jump in to the categories we're gonna go i'll announce the category i think and there we go kinda round robin last year we did it where we kinda picked who at the best answer after each one i don't know if you guys wanna do that or any any adjustments to the to the format here well i think by the way i your order was a little off so for example if we're gonna start with billy of the air then that has the next person because it's also a the the next category should be craziest person of the year as well okay yeah well let's do it this way we'll take turns you mean and you sam of just picking categories and then you can go whatever order you want so okay let's start let's start with billy of the year so for those who don't know we do the segment called billy the week where we typically will feature a billionaire or somebody who maybe not actually technically a billionaire but they carry themselves with that billionaire energy and somebody who's just doing life in an interesting way so sam who is your billy of the year mine's so boring so i my boarding answer is z because he's proven that like he's actually pretty good all these everyone else this year that's been in his category has gone fucking insane bezos has got a divorce elon crazy all z does is box that's like his version of crazy like he's turned out to be okay so i would say he's probably like the year emotionally stable yeah he's done alright but if i had to pick another one it would be this guy named brett ad hoc brett ad hoc is this guy i met about six months ago he basically is only thirty four to thirty six years old he's a young guy he made a lot of money when he sold his company called vet for a hundred million dollars then he created v like a recruiting company not sexy but then he created a flying drone company that he took public called archer it was worth two or three billion at its peak now he told me that he's took roughly two hundred million dollars of his own money which i think was like the majority of his liquid net worth other than the house he owns and he's piled all of it into boot bootstrapping a new robotic company called where they make humanoid and that guy pretty fucking in insane and i love crazy people like that that's a great one andrew who you got billy of the year so mine mine is actually a m guest palmer lucky good i feel like you know it's a little obvious but i feel like you you see so many of these billionaires who they make all this money and then they get very focused on p r and they're very safe and they won't put their money where their mouth is and what i loved about him is that a he's actually taking his own capital and investing it in andrea and doing thing that is actually important in the world or what he deem important and he actually just like calls people out like he's honest he's not a politician and i think most of these billionaires you talked to they are very political they have a p team he obviously does not i thought that was so awesome when he went to the what is that the all in conference and just roasted cal for like an hour so yeah mad respect i think he's awesome and i thought that was one of the best interviews of the year that's a great one i love love that one i thought i consider palmer lucky as well they decided to go with somebody a little more under the radar not a billy not a billionaire but somebody who lives like i think a billionaire should so is this guy who came to camp m which was our kinda like private retreat of twenty or thirty bad ass people that we did hu a no say sa sa so sa is a guy i didn't know much about you had mentioned him before i didn't i never met him he might be a billionaire there he might be but but it doesn't matter he lives like one so when we met him at the camp i was like so what do you do he first of all he just had the most chill energy he was not stressed he was not worried he was not seeking attention he was he had none of those small boy traits and instead he was relaxed he was having fun he was asked people for questions and i asked him i said so what do you what do you doing he's like well you know i and he he started to explain and somebody else cut him off and was like let me brag for you for a second here so what say owns is basically the largest collection of wordpress websites and tools so if you search for wordpress like you know wordpress powers like thirty or forty percent of all internet websites and so people are often searching how do i do this on my wordpress site you'll land typically on one of his websites like wp p beginner or wp engine or whatever and from there it'll say well if you wanna capture emails of people who come in using wordpress like email capture pop up use opt in monster owned by also saved and so he basically has the landing spot where people come he's got the number one search rankings then he owns the tools that he refers and so he turned his random curious traffic into saas subscribers he basically built an empire he's telling us about the gas stations he owns and although the crazy stuff he does with his money and his work style was was one that i envy he's like well here's my month the last week of the month i do all my meetings with the operators of my business is i was like what do the other three weeks and he's like one like one to one and a half weeks we travel so we just go to costa rica that we go to egypt to the big go wherever like me my family we just love to travel and then i read and i just chill out i think the other the week can half i played with my son a lot weekly play basketball and i was like wow this guy is dominating his business niche but he's also checking the box on family he's checking the box on travel he's got it going on so i was really impressed by s she also very very giving too he he gives away a lot of money too yeah amazing guy so so he's mine that's alright so those are the billy of the year i i'll just put it out there i think palmer was the right answer what do you think sam i agree palmer was the right answer you're if you haven't seen the clip of him going to jason cali conference then go into someone's with birthday party and roasting him that was epic andrew did you hear on our pod when we asked palmer if you could kick jason's ass yeah when he was talking about his scare is like how tall he was he goes yeah he was like well you know if you look at the physics of this i i i forget exactly how he explained it but he was i like a very engineer he goes like bare one yeah he said something like that like it it it it was pretty funny alright let's go to next category sam you could pick one let's say talk about the biggest l we each took this year okay andrew you go first adrian by the way this category the biggest l is it's the biggest loss you took but it can be it can it doesn't have to be like a big serious thing it it's just it's just a loss that you put in the in the lost column however big or small it was in your life yeah so i read this book about fifteen years ago by this guy ram seth he's got a website i will teach you to be rich and he's got a book called i will teach you to be rich and at the time i knew absolutely nothing about personal finance or finance at all and he had this really great section where he says people think they need to save money on latte what they actually need save money on is percentages and so he's talking about interest rates on credit cards interest rates on mortgage fees in real estate transactions like the difference between two percent and two point five percent is like twenty thousand dollars and people don't think about that he says he goes don't worry about three dollar problems worried about worry about thirty thousand dollar problems exactly so i had one of those so you know maybe like two episodes of you know a couple interviews ago i talked about you know interest rates and the risks there and this was very top of mind because we had a piece of debt in the company that i wanted to lock in the interest rate on and so we were gonna buy all these hedges and in order to do that i had to sign all these documents and i'm kind of lazy i hate signing documents and so these documents were sitting in our office and i was like i'll do it tomorrow i'll do it tomorrow i kept putting it off and then finally i signed it and i realized that between the time that i it was sitting there for a week and in that week the interest rate went up by like one percent and that represented like five hundred thousand dollars or something insane and so just me being lazy and not signing that document and not thinking in percentages cost me like five hundred grand that'll do it sam you that's a great one this year i met a guy who had a app called intro it's a great app and i agree to do it because he was like hey come try this and i did and it was one of the big bigger mistakes of the year that i made so basically i'm on this app called intro where a little while people because you you were bragging about how you were crushing on intro how is this the l that's such a week move on my part to do it so this app i got on there because i was like oh you know and honestly it's fun it is quite fun to use it's fun to like meet new people but people pay me for my time and it's quite addict because it's real you can make a substantial amount of money doing that but if i'm supposed to be such a big swing in dick if i'm supposed to be a hot hotshot shot like i wanna be i shouldn't be selling my time or at least i shouldn't be selling my time and keeping the money i should just give it away and it was that was a big that was a weak move on my part to be selling my time and i regret doing that that's a that's a great one i was making fun of you for that and and then i was also kinda like wait i be doing that that is a lot of money we don't be don't sell your time don't sell your time it's such short term thinking and you know who really changed my opinion on it who actually could be billy the year what's the guy brian johnson brian johnson from brain treat he like kinda like didn't mean to do it but he was ras me on using it and i was like you're right what did what say that was wasn't he was telling us well he told the story he didn't he wasn't directing it towards me but he told a story about how he was like instead of like getting this job like i should just put more effort into my company so then in three years this won't even be a problem instead of right now i could just make this money that could temporary fix this no i should go for the long term fix and make it so like i don't even have to budget ever again yep yep i see a lot of so i think like all three of us kinda probably grew up not having a ton of money and really really valuing like every dollar right so like i remember you know a thousand dollars was like a crazy amount of money to me because i could buy an imac and if i bought an imac then i could have one of my staff do all this work and i could make like twenty thousand dollars from it and so i feel like i still if i i'm not careful i think in those terms and when someone comes along and offers you a thousand dollars an hour it's like completely insane as an opportunity or like three grand an hour or four grand hour it is crazy it's amazing but you get and i know all these people that are like i know guys that are worth fifty million dollars and they still manage their own airbnb b bookings and they'll be like oh sweet i tweaked this i made extra three hundred dollars in cleaning fees or whatever and i always think like you know you guys used a quote before but it's like you're playing you're playing a pennies or sorry you're you're saving pennies in a dollars game like it's just ridiculous yeah that's yeah but some people enjoy that like nathan barry nathan barry owns convertkit he's probably worth two hundred plus million dollars based off evaluation convertkit and he's still i'll be with him and applaud his phone and he's like messaging airbnb guests i'm like why are you doing this he goes i love it and so in that case i'm like alright cool i don't like taking intro calls necessarily sometimes i do but yeah yeah there's a there's a good test i remember i talked to this guy when we got acquired by twitch i talked to a guy who had been acquired by twitch three years ago and i was like yeah a quit one so we go out for lunch and i'm like you know he's he's like yeah you're gonna love it you know you but watch out for this he's not giving me a bunch of tips i'm like okay great let me give you a tip real quick yeah i just got here but let me give you a tip i was like why are you still here and he's like oh dude i really like my job you know i didn't think i would stay here but i really like it you know it's it's fun i just oh blah it tell you tell me how great it is but i had kinda seen him in a couple meetings at this point and i was like these meetings aren't fun so like you know i i don't what you're doing in the other hours a day but i saw you for like half a day last week and that didn't seem fun at all i said okay well make maybe this but let me just ask you something you made you know he probably made like ten twenty million dollars on the sale i said i said you don't need this job but but but you're not at the point where for you you're just gonna stop working altogether blah blah blah and i said i said if you had a hundred million dollars in the bank like literally like if i open up your bank account right now it was a hundred million dollars just sitting there would you come to work tomorrow like would you would you would you do this just for fun because at that point you know what you're making here every year is is a rounding or it's a you you just make that in in an in interest if you were if you had a hundred million dollars sitting in there he's like well no then i would go do x y z and i was like okay cool so just as long as we're just being honest like i'm not saying you're miserable here i agree but the stories we tell ourselves in order to justify doing something that we're actually doing for the money we don't wanna say we're doing it for the money we wanna say we're doing it for all these other reasons there's a very simple test imagine you had all the money would you still do this thing and like the other the other the dangerous thing about that logic so ryan holiday has this great daily so podcast and re recently he had a excerpt from steven pre book he's got all these books about kind of discovering your thing and your mastery and art and all this kind of stuff and he talks about how people get addicted to patterns so people can be addicted to love they can be addicted to money they could be addicted to you know any almost anything and the question i always ask myself is i might love designing the website or i might love going to the shopify stats and seeing the sales or doing the airbnb management but is that just me addicted to those dopamine hits distracting myself for my greater purpose right from doing something where i have mastery that's new am i just going back to the same thing right like you guys know the joy there's this amazing confirmation bias joy of reading a book and hearing something you already know confirmed over and over and over again i'll do this with like value investing books right and i'll go oh i know that i do that i feel good right that's actually a waste of time and so that's the flip side of it the the other one is my buddy told me this one i when i've been working on my startup up for six or seven years and he was like he's like he told me he's like you i just don't get what you're doing i was what would he mean it's i can explain it and he's like now not the logic of it he's like i just feel like let me ask you a question if this all went away is this what you would sign up to go do like would basically like like take the example of the guy i was talking to if you got if you weren't doing this job is it would you just apply for this job here no you would go do something completely different like you're here because you got acquired and they're you're here and now fast forward three or four years later you're still here doing the same job but if i took this job away you would never go to a job posting and apply for this job and he's and so he was explaining that he's like inertia is just a bitch he's like whatever you're an object in motion will stay in motion whatever you're doing you're probably most likely you're doing it because you were already doing it not because you think it's the thing you actually should do in most cases and so you gotta be really aware of that alright so what's yours okay so what wait what is the category even what are we in your biggest l my biggest l okay i have one that's so sort of like yours i was chasing pennies in a dollar game so i recently moved and your boy rents i'm a renter and so i moved from one rental to another new house and i was like oh love this i could just like move whenever whatever i want don't have to worry about anything i just called the movers i broke my lease i just moved but my landlord came in and first you know did a walk through of the place when i was there you know we talked about his is you know his his family his history in this house shook hands in the garage and you know it's been nice have idea alright see you later you know don't worry about all the stuff everything looks fine three weeks later he hits me with like a twenty or thirty thousand dollar bill and at least twenty thousand he gives me with the extra twenty thousand dollar bill on the move out for like you know scratches and like you know stop like with right no he was not right it was and he had he's a lawyer so he had baked into the lease that like hey anything that's aren't associated with the move out is your cost like for example if i fly to california to observe the move out you have to pay for my flights my hotels my food my this my like there's a shit in there that was like not like i didn't damage the property it was just like extra stuff but he had put it in the lease i had signed the lease because like you know like andrew i don't really i i don't really read it or if i read i'm not gonna run word yeah and it's like you know i'm optimistic at the beginning of i'm like this is gonna go great he's gonna be a chill dude just like i would be well he's never gonna hold me to any of these things and like sure enough he held me to the letter of law on every single thing and so so i decide to do something that we talked about on this on this podcast i decide to take him to petty court and so a lawyer a guy who lives to the pod who's a lawyer reaches out he's like y i about the landlord thing i'm ready to fight to the death on this for free and was like let's do this and so in my head i was like i'm gonna fight this twenty grand got this lawyer now it's got troy you know he's a great dude got to know him a little bit through this process but we try fighting back and the problem is i'm going against an eighty seven year old retired lawyer who's got nothing not but time on his hands he this is probably the biggest thrill he's had in thirty seven years to fight and be and you know like look up every california statue and he sends me these packets of like forty seven documents he sends me cd rom full of photos of the property i'm i'm like dude i don't have a cd player to put this in what do i i supposed to see these photos and he's just sending me a letter after letter and he's i took a guy to peggy court who is like the king of petty court and in the end i end up paying the full amount just by saying f and i'm like because i'm like dude i'm wasting my time i'm wasting this lawyer's time i'm wasting this old guy's time but he's got infinite time and he is built for this whereas i should've just wrote this when he get check and i just moved on with my life five weeks ago and i knew it because at night when before i was going to sleep i was i was like oh shit i didn't respond to that fucking subpoena he sent me basically this is like giant packets of letters i was like okay i'm gonna call them i'm gonna say this that he's gonna say that and i was like imagining this whole debate in my head i was like dude what a waste of mental space and once i finally had that realization that i was playing a small boy game by losing my mental like my mental space in my head that could be done used on productive things in order to be in petty court i wrote the check and i moved all of my life dude i think it's worth fighting those things by the way no no it's one harder dude you that's what i going to war for the war is worth it i had the sam on my shoulder and i had the andrea on my shoulder and i listened to the sam i should i never listened to the sam i wasted four weeks of my life that's like you're you're like a bowl in a china shop and there's this tiny little fly buzzing on you and you just have to ignore it there's a great quote on this that someone said to me once when i was going through something similar and the guy said never wrestle a pig you'll both get dirty but the pig will enjoy it yeah that's no exactly there's yeah but i'm the pig here i'm the pig here what i i had sean i have the you you know my situation i i had something like this going on this year too and i texted what do i do and he said the same thing he goes don't wrestle with pigs or whatever this fucking biblical shit and i bought into it and it eats me it eats me every night that someone that someone got someone i got got you there's what's the charlie mu calls it the rats in the gran right if you own a gran you have a big warehouse full of grain there's gonna be rats you can keep killing them over and over again but they're gonna always come back and it's better to just accept that there's rats out there fabulous got to your gran bro yeah alright let's do this let's just a duplicate a bit let's go to the next one okay cool alright let's go to the next category let's do we're gonna do breakout company which is sort of the sexy one and then let's do the un sexy business of the year so we'll do we'll do both first let's do the the breakout company of the year andrew you wanna go first yeah i mean this is so obvious but i and i i came up with a few others but i just feel like we're the one say same obvious thing where everyone's gonna say the display open ai open ai gp three is shocking i think this is like a waters shed moment and i there's nothing else i've i haven't seen anything like this in probably ten years oh i have two words for you guys that that will change your opinion yeah liver king this guy called his shot man that's a true you're gonna tell me that that wait dude when you have elon musk and say a alt man in ten billion dollars that's not a breakout company but that's not a breakout that's just that's a company that they they are who we thought they were they did exactly what we thought they were gonna do that that doesn't count as a break you're saying you expected you expected like when i i remember a friend of mine called me about a month before they released the chat and was like oh my god it's amazing and i kinda rolled my eyes you know i didn't wasn't super excited about it but i have not seen anything this crazy in a very long time i mean obviously dolly and stuff isn't insane too but the chat it's just nuts i've actually stopped using google a lot of the time and started using the chat do well look they you took the nerd of nerds the smartest guys on earth and you gave him them ten billion dollars and you locked him in a room for six years yep but like if you knew their friends was like if it was if it was nineteen forty five and you're like what's the breakout project of the year and i'm like it's the manhattan project and you're like oh well they got billions of dollars and whatever it's still fucking crazy they made a nuclear bomb it's crazy this is like a nuclear bomb moment it's just like my expectations they met my expectations like if this were if this were like if this was like a second grade report report report card it would definitely be like met expectations there would not be they would not be like yeah this this is not an exceed they they they met my felt i kinda felt like it was a goofy project that was like oh you know google apple all these other the people they're gonna do this for you know they have a huge incentive profit incentive these guys are going like non profit when they first started and it's kind of like all about openness and whatever it's morph into something that i didn't didn't expect and i certainly didn't expect it to do as well as it did given all the star power i think often think about like super groups super groups are usually not that good it was like a super group yeah i mean the avengers worked out but yeah i feel you i i feel even like music the sam you're it you're you're breakout person or company is liver king not call this shot not ai i mean yeah or andrew tate but yeah one of those guys i wanna know how they call this shot we did an episode where we detailed the the leaked emails from the liver king where he's like y i'm gonna take a bunch of i'm gonna build this brand and then i'm gonna sell like hundred million dollars worth of products that's what i'm gonna do and then he did it so dude that's so much more dope alright let me merge the two so sam you like the call your shot andrew you're like wow open at sam alt you guys have done something magical i'm gonna give you a cold shot that i think is kind of unbelievable to be honest with you okay so paul graham is gonna win my award here for calling the the the call your shot moment so back in two thousand and nine paul graham wrote a blog post so this is now what like thirteen years ago or something like that paul writes a blog post it's called if you go to program dot com slash five founders the number five in the founders he he says inc dot com recently asked me well yeah most interesting founders are in the last thirty years he goes do you decide who's interesting i i think it's influence you know who are the five have influence me the most who do i use as examples when i'm talking to companies that i'm funding who do i find myself quoting a lot and it's everybody you would expect it's steve jobs is number one he's got larry and sergey from google he's got like his buddy but paul who invented gmail and also wrote the first prototype for adsense and gave google the mantra of don't be evil okay everything's expected so far and number five he says sam alt hey goes i was told i shouldn't mention who that's who at the time by the way was twenty two i think right yeah it's exactly at the time he's probably twenty one or twenty two years old and he was wearing he was wearing double pop neon collars the steve jobs exactly put barry embarrassed a photo of of him doing this announcement at the at the apple conference where he's wearing a double polo neon popped collar it's it's really incredible you wouldn't think that that guy guy's gonna rule the world but but but paul graham knew that he would so he's here's what he wrote about sam au back in two thousand and nine he goes i shouldn't mention a yc founder but sam alt cannot be stopped by flimsy rules if he wants to be on this list he is going to be honestly sam is along with steve jobs the founder i refer to most when i'm advising startups on question of design i ask what would steve do but on a question of strategy or ambition i ask what would sam do what when when i learn meeting sam is that the doctrine applies the doctrine of the elect applies a startup it applies in a way that that it applies way less than most people think start up investing is not about picking winners you think might win a horse race because there are a few people with such force of will that they are going to get whatever they want and now you fast forward to create thirteen years yeah the guy you know basically creates this you know what's gonna be a multi probably a multi hundred billion dollar company open ai and brings you know one of the most magical technical like magical you know technology experiences which is if you're if you're using dolly or or gp three he created and he wasn't even that successful back then by the way i don't think he had i think he i think he had sold a company but he sold it he less and they raised i don't think he sold it even at that point so let me see when it was called loot yeah his loop and i think they may they sold it for about forty three million dollars he sold it three years later so there's was he was at the beginning of loot he's sold it for forty three million and and i and i i remember reading about the sale there's there's some interesting stuff about how he like they sold it for less than it than it it was funded for right which is like you know considered an l but he but he sold it in a way that he was able to pocket in a few million bucks he then invested in airbnb right away and was the first seat investor in airbnb he's got like you know he went on kind of an epic run post that yeah he's a crazy guy i think that's a the that's gotta be the breakout is i agree maybe sam alt this time can beat the liver king but it's close we could all agree you tomato a tomato the most impressive thing about liver king is he's not a good looking dude like some of these guys you see in their influencers and they're like super jacked handsome he's not a good look he's my example when i say i i i told s bloom because i bloom is like the good looking version of me i was like hey if i can't be good looking i'm gonna be interesting looking and that's what the liver king did he's not good looking but he decided to be really fucking an interesting looking and that works just as well i then we'll have to go with sam alt at this time alright let's do un sexy business oh i didn't even know what you meant by that well you go first and un sexy business is like when we do our our blue collie blue collar billy when we call this shit the blue collar side hustle it's like a a business that's not artificial intelligence or flying cars or whatever it's just like a boring un sexy business how are you confused by this this is like the premise of our podcast but i know alright well to what podcast and so what yours alright i'm gonna go with i could go with egg cartons but i think i've kinda beat that one to death the egg cartons dot com if you haven't heard me rant about that go go look up that episode that is honestly that is the most remarkable one this woman sarah moore but if not that i'm gonna go with one we haven't talked about that much on here it's called aunt flow if you if you heard of this business no so what are you saying the word an aunt like like aunt i saying word flow yeah flow okay alright you could say your sorry i just wanted to make sure that this the it's the word that we're using okay yeah so flow so flow is a business that is basically it's period products i don't know how i'm supposed to say this but for it's period products so basically you go to a public restroom inside of any university a stadium whatever in the women's restroom they should have and now in many states they are man dating that you have to have you know tampon pads products for women and so normally these were coming in a dusty rag container with like really poor hygiene you gotta like open the thing and everyone's like trying to use toilet paper to touch the thing to open it and it's like really gross i mean this is like you there's like literally like blood on these products so it's it's not not like a very it's not not something that you wanna touch it's not a sexy experience and what she did was she brought a sexy experience to every very un sexy industry so if you go look at their dispensers they basically made like the tesla of of dispensers and they installed it on the wall it's got this great brand she's this great founder and they are just cleaning up so they are getting contact with universities with and these are multi year contracts it's installed on the wall this thing is never gonna get changed it's is gonna be no churn as my prediction and it's sort of like they install the dispenser and then they you have to buy the products as they as they use or as they run out and and she calls herself the ceo the chief estrogen officer she's just gone all in on like building this company as a woman led company that's like making this one kind of crappy experience better and i asked i was like did you invest in this yeah i was like i've never been in a woman's restroom restaurant before what's the current like who's the incumbent who who are you competing it and she's like literally it's a guy named like a brand called bob and rick and like bob and rick's dispensers are like the thing and you know it's this terrible experience that we're making it better and so they're at like you know they're definitely you know sort of like high seven figures run rate where they have all these great contracts and they you know they're they're the official dispenser for all the apple stores and for like you know the whole state of you know i don't know utah or whatever some state that's like mandated this gonna happen i think once one state does it all these states are gonna do it so i think they're very well positioned to take a very boring niche and build a pretty bad business and she's a teal fellow only twenty five years old yeah claire code i think her name is that's right that's a good one do you have one andrew andrew yeah okay so hotels are constantly trying to save money especially chains and i don't know if you ever gone to like a hotel chain you'll notice that on the wall if it's like a cheaper one they'll have like dispensers for shampoo and soap open and it's all refill right so the idea is like you used to go to a hotel and there'd be a bar of soap in a box and you open the bar of soap and you use it to clean your ass and then they have to throw it away right so it's a huge waste they're constantly throwing money away and so hotels have moved to these refill things but one thing that they can't do is toilet paper so when you go and there's a full roll of toilet paper and you use some of it you know no one wants to go into a hotel and be like oh what the heck there's like a little bit of toilet paper left there's obviously someone just here who used it and so there's someone i just heard about this business it hasn't launched yet but i thought i was fascinating basically it's a dispenser for toilet paper so it's on it actually embed in the wall and you basically pull out almost like you would clean x perfectly portion toilet paper and i don't think this would necessarily work at like a four seasons or a high end place but certainly for like a marriott or a hilton i think they could save tons of money so i thought that was just incredibly boring and quite interesting that's a great one that's good one there there was one that got big doing that with with the shampoo bottles back in the day they would take the once used shampoo bottle and they would recycle it basically and they they were just like hey hotel will pay you nothing for it but we'll come collect for you we'll just take it off your hands because you're just this is just trash for you and they create a views out that so if you guys invested in any boring businesses like i you know i give nick hub a little bit of money i think you did done what else what other boring stuff have you guys done i'm mean dirty so they buy you know a lot say kind of burnt boring businesses well that's kind of tech i mean like i mean like brick and mortar development of real estate like town halls feel like we it's weird because i feel like half of what we talk about on this podcast is like these boring brick and mortar businesses and yet we like and we like fetish them we don't own that many of them like do you look yeah i own a an air air ambulance business i you know i own a deli and bakery bunch of kind of restaurants and that kind of stuff we what but i wanna get ambulance like helicopter air ambulance so if you're like in mexico and you need to be brought home and you've you've had a surgery or something we facilitate that it's a very good business but i would really want more of those things so if you guys ever thought about like starting like a fund around that or something because i feel like super a lot of work you he has made money like casserole countries you i like to visit i don't want to live there like we don't have to operate you don't have to operate us just to invest in all these cash flowing boring businesses whenever people talk about that i'm like where do you find that like like to go ebay like where do you like where do you find this era ambulance thing you know what i mean yeah it was like we had to we met someone through a friend of a friend it's always like someone's dad right it's like oh you know his his dad wants to retire and the kids don't want the business or something like that or these things happen at the golf course yeah i don't know yeah i should should be doing that i i i think i got like really tech brain because i basically i started a sushi restaurant and i moved to australia and did like a biotech but then moved to silicon valley when i twenty four and that was like basically i just got like really deep in the silicon valley kind of ethos and game and that was my that's my network and that's my my skills were around internet companies and so i think it was kind of the right move to go deep there and try to like win in that world because i think you don't have to win in all games so like you know i have a fun to do start investing i if i do good if i do great with start investing i'll do great i don't really need to also do great with a very different style of investing so i i think i'm curious about it but you know do i wanna like sort of restart the learning curve in a new way but one you know you guys have this crazy advantage of you know i think you're you're rolling fund as well because of the podcast right so if you guys go on and you say hey who has a grand dad or a father or a mother who owns this family business that wants to sell i feel like you'd get mob there's there's nothing let's see alright sean at sean p doctor all those leads can go to me then if you guys don't want let's see what comes in i'll share all the interesting i'll filter all the interesting ones for you andrew so sean at sean dot com email me your your dad your grand dad your uncle uncles business that we could either take like a minority stake or maybe he's looking to retire itself let's see let's see what we got okay so those are the wait i gotta get your business dude you know i i did a but i i was reading about coffee z going deep on andrew tate thing do you guys know how andrew tate makes money i do but go ahead basically he has this well okay fine you got that smuggle look on your face you're gonna the it's like a cam girls business right like it's a definition of a sexy no no the real way of funny is yeah he's got this fucking discord that's fifty dollars a month in order to like join and there's like channels on like copywriting running it's basically just the same shit that you and i sean have done like screwing around except do you know how big it is it's like like tons of hundred fifty million no no no no like a million members oh wow like we're talking nine figures in revenue and coffee z like did it he's like look here's all the members if you multiply that by fifty and then you could even add a discount to it it's like we're talking about north of a hundred million in revenue and it's just a discord with volunteer with volunteer community like chairs like community leads freaking crazy and i considered saying wow a breakout person but i you know he's obviously pretty version so i didn't wanna like the i'm the breakout is i've have never seen somebody go from nobody to everywhere all the time in your face the way this guy has like he built a crazy in like seven months or something like that like have you ever heard this word before tate last year like no no i think he was the most googled person on earth this year that's crazy to me is that crazy and he says it and when he and he does his interviews he goes he goes mister beast has to spend five million dollars and blow up blow up a bus in order to get ten million views i said that i just talk yeah and it's true it's true that guys way of speaking and the the things he says are so compelling and then he built this viral engine where his all hustle university is is basically y post cut cut up clips of tape everywhere and then go comment and basically in the comments revere me and that's how you know and then everybody who signs up for the trusted university you're gonna make buddy doing that like that's basically the core job is like go promote me it's crazy thing it is crazy it's a multi marketing scheme just promoting him he is the product it's wild alright so what's don't do we vote on that one move to a different topic yeah vote i forget the never remember let's just move on andrew's toilet other paper let's say okay let's do best investment so the best investment you made and and then we're gonna do worst investment also so let's start with let's start with best investment let's go sam what was the best investment you made twenty went to financially fucking none this year was in terms of money this was horrible the two best investments i made were getting fitness coaches so nutrition and a and a and like a lifting coach of fitness coach and then also this pod this is like the first time sean this year were like and this is actually one of my most proud moments where i've been walking around and i get noticed maybe one to three times a day and this is the first time that i'm like oh wow sean the work that you and i have done over four or five hundred episodes it's like properly paid off yeah so that's this popped is this this year it felt different has it ever has ever been annoying or yeah one time like it's there's been multiple times for sarah and i are having like a serious conversation or we're arguing or we're having like a a contentious conversation and someone pops up and like you gotta like like oh hey yeah hi hi you gotta turn it on and that kinda sucks it's like you know like you and your wife getting a fight but then you gotta get in the car to get little to go to like dig your friend's house for dinner and he gotta put on like the performance of the century that's kinda like how it feels sometimes there's a there's a what's her name from the hunger games jennifer lauren's name lawrence she talked about how she can be nice to a thousand people but if one time she's fighting with her boyfriend and she's kind of a bitch to somebody they'll go on reddit it and post about it and she feels like you basically always have to be that person and it's only a matter of time until you snap knowing you it's only a matter of time one time we are at you know we're we're exploring the pregnancy thing this year and one time we were at the baby baby doctors and someone in the waiting room said something to me and i was i was i didn't i was rude i'll i'll take your i accept your apology there oh alright i'll do quick one okay so best financial investment invest in this company called triple well that's basically like a it's a tool for shopify store odor so it helps you like see your dashboard and make sure your ads are working well and they have like a bunch of different features i invested in this thing because i i was like oh i i like this i wanna use this from my eco com store maybe i should just invest in it really didn't think this was a good i thought if i if and i did this by the way i took my portfolio and i ranked like what do i think are gonna be the breakouts and what do i think are at least likely to be the breakouts because i i suspected i might be surprised i was very surprised so us i think our seventy five thousand dollar investment in triple well is currently worth three point three million and so that's been the the biggest breakout from the fund so far and it's would have been one of the five that i did not guess would be this explosive rocket ship because like that's just not how i thought about it back then like when i saw it it looked like this cool analytics tool for e comm you know shopify stores i don't know how big that is and all fast it will grow it's been insane so that's my financial one and then i'll also say we did camp m m and that was an amazing investment i'll tell you a little little story about it so we did this camp twenty thirty people we go to north carolina and we fly this nba trainer so we pay for his kind of ham and his buddy like their their flights in hotels or whatever we rent these airbnb b's would do the camp it's great everybody chipped in i think like thousand bucks or fifteen hundred bucks two grand or something i thought i thought that would cover the cost in quite cover it i think we're in the whole like fifteen grand or something like that no problem amazing experience just for the basketball the fun meeting people all that good stuff but something kinda crazy happened we tweeted out that we were hanging with mister beast or something like that or that that maybe the pod we have we recorded with mister beast and a guy saw that and started following ben levy ben levy then checks out this guy's profile oh this guy's is in the crypto space d let's talk you know maybe they'll advertise with us we end up getting an acquisition offer from this person that's not the the deal we ended up going with but it gave us the leverage in the deal we did end up going with and like opened this door into acquisition and it's all like if we had to tweeted out that thing that we were doing with mister beast i don't think this person would have followed and then i don't think that conversation would happened so the world works in these really funny ways where this like kind of amazing acquisition we had this year i don't know they could've have just as easily not happened or been for a lot less had we not like just done this totally unrelated thing that's good good things happen to gets great well alright andrew what you got best investment so mine mine's actually an investment i made a couple years ago but it's taken a while to play out and it's very small but i really like this one so you guys know sofia amr so i think she's been on the podcast before i'm at sofia like five or six years ago and she just had the experience with nasty gal and she's like i'm trying to figure out what to do next i've written this book called girl boss and i've kinda built this community around it the social following i wanna turn it into a business and i said like look you know i think you should bootstrap this but she got mob with vcs and so it was easy money great valuation raised like ten million bucks or something and because she took vc money she had this really wonderful business but she had to turn into a billion dollar thing and this is girl suddenly this is girl boss and so she you know raised all this money and she's like i'm gonna build basically like linkedin slash like a social network for female entrepreneurs to connect them which we all know is like the world's biggest lift it's like almost impossible to start a social network and so she ended up running out of cash getting exhausted she sold it to attention capital and they basically were just like fuck we don't know what to do about this like we we shouldn't have bought this and so they reached out to us and we were able to buy it for really really cheap just because the business was totally distressed and so you know we looked it and we're like okay like let's just go back to basics this business has almost two million social followers and email subscribers and we just did basic stuff we built a daily email newsletter we sold ads we did social ads we did affiliate we've rebooted the podcast brought on a great ceo and it's just been this phenomenal base hit and i just got an update from our ceo lulu who's like freaking amazing and basically now the business is i won't say numbers but it's making as much as we paid for it every year in profit and i think it's probably five or ten x more valuable than what we paid for it at least so i i just love that kind of stuff where we're able to take a business that shouldn't have raised venture or you know kind of failed in venture land and actually make it a sustainable business that'll be going for five or ten years at least that's crazy yeah that's really cool i like that those and i think there's gonna be a bunch of those venture businesses that fail that's another one if you're a venture business and you're not gonna be able to raise the next round because the whole market is turned or whatever it's not over and there's like a way to structure these deals i think most founders just throw in the towel i don't know what to do with that asset but again show there's a lot there's a lot of these businesses where you let's say business gets to five or ten million dollars of revenue and they're burning you know a million two million a month because they're like venture or backed or whatever to the founder you know they're just like okay well this is worth nothing you know let's go sell to facebook and we'll take an aqua hire and they actually will throw out their existing business that business has value and people like us and enduring we'll buy it and turn it around and make you know make it into something that'll actually make them proud so yeah i mean it's it all is not like during did that with up counsel if that's what that was the example i did totally can we we gotta do worse commitment my worst one is a personal real estate like i bought real estate over the last two years and i'm in i'm i'm made money on on all of it so far and like technically speaking like it's all like gonna be the stock market well that's easy because the stock market sucks but like some of my investments like my airbnb it's still like a eight percent return or something like that but it's just a fucking headache dude i regret buying real estate i wish i didn't own any real estate and i wish i just invested in other people's funds yeah that's my worst investment it just it's caused me a dis proportional amount of headache yeah that's a good one alright mine is mine's really hard to choose so many losers to choose from this year so so people know my my portfolio is essentially tech stocks and crypto tech stocks down somewhere between forty and eighty five percent this year crypto down seventy five percent this year or sometimes a hundred percent in certain cases i think luna has to be my pick because it went to zero and so that was just like you know a what a one hundred percent loss that happened in like three days so last year this episode last year here's here's sean's company to watch tara slash luna that was his answer said company to watch watch and did give me some entertainment yeah you you watched it go down and then his prediction was that the wink vi twins the the wink v twins are gonna be richer than zuckerberg so not mind like that that's that is a long term prediction but you you bet luna so so you're gonna double down this is the question are you gonna double down on your wink vibe prediction and what's the timeline and what's the punishment if you lose no no that these are why been punished supposed be crazy predictions these are not supposed to be things i think are going to happen they're sort of like far fetched predictions no i don't i don't wanna double down on that i would say that's looking way less likely now than it did then but you know it's basically like i facebook stock guy crushed a little bit this year too i i am calculated that i think forgot what it is now but i think bitcoin would have needed to be at if bitcoin got to two million dollars a coin then the wink and facebook had like you know you know kept his value or something like that based on how much bitcoin they own i thought okay at that point they'll have surpassed a z a suit but the hedge was always if z owns any bitcoin then they can really never pass him you know if he if you put a minority stake in but i don't think not cares if the wake via or rich or not i i don't i don't think that's a concern of his so what's what's yours andrew so mine is really just venture in general so we i've been doing angel investing for ten plus years and i think i've done well on a cash basis i've got a lot of money back but i haven't actually like if i think about it even if i've made fifteen to thirty percent a year i haven't had access to that cash the entire time whereas in my main business when i buy a business and i make you know make twenty or thirty percent return i'm actually getting that cash and i'm compounding it and then i'm investing it and doing more and more and more and i think psychologically there's a big difference between owning a whole bunch of businesses and doing fifty million dollars in eb versus owning a bunch of steaks that are a liquid in a bunch of venture businesses where maybe you'll get your money in ten to fifteen years and so i don't think that it's necessarily saying i don't wanna invest in venture go forward but it's just been i think it's been a bad if i think of it as if my goal is to maximize my capital and feel rich it's not the best way to do that i think that i'm much better off inc businesses and buying businesses because it's a very steady fifteen to thirty percent cash return and i feel it i feel the win in a much bigger way and i think that like anyone over the last two years there's some businesses where i look at the valuation i invested and i i knew that at the time i sucked it up and was like fuck you know this is just the world we're in but there's some businesses with like now maybe like four million dollars of revenue and they raised it like a hundred million dollar valuation and i'm just like okay that's just gone yeah well that sucks yeah i don't know if it's we we all said horrible things that we did this year i don't know either bread hard to roast just ba in the in in the in in the aisle look at you know you get it let you can't you can't have a a non error rate you know like you can't be an investor and not have a portfolio of bad investments of bad decisions alright like that is there's not really a thing if you're gonna do this and you're gonna take you know the appropriate amount of risk that would get a reward you can't have a zero percent error rate and so i i don't think it's anything to be shy i'm also you know i think a lot of people you know or have portfolios that are down this year just by the nature of like what's going on the the market there's that there's that logic brand coming to save you yeah i no i mean that but that's like a that's where the logic brain is actually like useful alright like i learned this in poker too like you oh i i had pocket asus and i i i literally know people that will fold pocket in queens or something like that in poker why because they're traumatized from the bad beat they got one time and they're all jack i hate jacks like what you be you hate pocket jacks why like why don't you you know just because you got your money in good but it turned out not the way you wanted like you know being able to assess the decision and not the result is so key what i when i'm making fun of myself for for pho into investments it's because i think my decision was bad sure the result was bad but my decision was bad i have many investments where i think the the decision is good and the result might be bad for a period of time that's okay but being able to separate the two's is super important i can find this client in full have you heard a hubspot hubspot is a crm platform so it shares its data across every application every team can stay aligned no out of sync spreadsheets are doing databases hubspot grow better sam what topic do you wanna go to which category dude i wanna combine book of the year and favorite podcast podcasts or news newsletter or person you subscribe to so i wanna like we'll we'll do a few actionable things like best things that we yeah like best bit bits of content mind for a favorite person i started favorite person is it's too you already named one of them paul graham dude paul graham is such a beautiful writer i started reading all of his work again this year he's such an awesome writer talking talks about money living happiness raising a family he's a really good writer i love reading him the other one is cultural tutor do you guys know who cultural tutor is on twitter never heard so it's this person who the i don't think they're crazy popular but i'm gonna give you an example of a thing that they tweeted so it's called it's called the the cultural tutor a beautiful education that's their thing and so they'll do like post about like i'll i'll let me find a good one but it's it's all about culture so basically right now minimalism is a thing so if you look at like a lot of new building minimalism is a thing and the cultural tutor will do this thread saying this is actually pretty lame about this architecture it's pretty boring here's the ornate stuff that we used to do and here's why we used to do it and here's why we do minimalism now and it makes you like question certain things that we're doing or another one could be here's like a famous piece of art and it was actually revolutionary and here's or here's why mona lisa here's why it looks like her eyes are following you and this doesn't seem interesting now but it was interesting because back then here's how they used to do things and here's what was actually revolutionary about that painting things like that i love the cultural tutor this it's a really good follow that's a good one you said you were gonna combine that with book of the year book of the year blitz have you ever read blitz andrew it's about the story of drug use during world war two frame breaking book read it but it's i mean you you got meth and you've got hitler i mean what could wrong it's a frame breaking book basically the whole hypothesis was that during world war two you know how like they gave soldiers like pieces of chocolate and cigarettes to keep them happy well in in nazi germany era they gave the meth and one of the one of the reasons that says hitler was being crazy and making a lot of the decisions that he did not only was he like a a hateful whole crazy person but they're saying it was also because he was on meth the whole time and he was going nutty and one of the reasons why he killed himself was he basically ran out of drugs in the last two weeks in his bunker what do you got there sean is that bullets blitz right but no this stop i was looking at at look i think i'm gonna choose but andrew go go next so my favorite podcast i'm absolutely obsessed with founders which is by david sen and what he basically does is he reads business biographies and then he summarizes them really really well so there's a lot of i've read a lot of business biographies i really enjoy them but there's a lot of them where i'm like i just i'm not gonna spend fifteen hours of my life learning about jfk dad right there's this there's there's always books on my books off that taught me and so i read that patriarch it's so it's fat it's i read about a quarter of it it was great but but he he'll do like the one one and a half hour summary and so a it's a great way to remind yourself like i i read titan a couple years ago about john d rockefeller fell and i re listen to it it reminded me of a lot of the lessons and then b it'll actually tell me do i wanna read this book is this person actually interesting or just give me a cursor understanding of that person so i absolutely love that one in terms of books the one that i loved over the last year is the operator which is about david ge the guy is a absolute luna it's fascinating like the picture of him you know why is he the way he is dive on his david david yep and started yep yep he started and record records i mean this guy this guy was like he's touched so many industries you know huge musicians but he's something guy too at this point like yeah i mean yeah fascinating career but also an incredible investor and capital all and stuff but what a fascinating book and it's one of those ones where it's very un but it's incredible okay that's he's worth like five or ten billion dollars at this point i mean he's like a big deal alright i'll do book i'm gonna have i got two two picks that i thought were good i only read probably three or four books this year but this one so think on these things by krishna mu that's like a life philosophy book that bro i love you said that was your favorite book one time and i asked you how far into the book you've read and you said you're on the first three pages yeah actually i'm only about thirty pages in now so i've gone from three to thirty in a year i think this might been my pick last year too this but it's so heavy man it's got like let me see how far dude it's not okay it's like two fifty pages and ten pages in so so i'm otter pages in and it's it's a it's an amazing book the second one is andrew you probably read this richer wiser happier it's a it's a great book for anybody who likes investing and basically yeah it's a great quick for anybody who likes investing i think it's a it's a it's a fun read so those are my two favorite books that i read this year and then podcast newsletter or person i'm gonna give two kinda shout outs a person one that's a little under the radar is called ten k diver you follow this guy on twitter so yeah the k k diver the bio is it's the literally it's the number ten then k diver it says help people understand the fundamentals of finance and investing and i think it's it's called ten k diver because it's like the form ten k like the the the that's like the the name of the form or whatever so he just gives really great threads about like very basic fundamentals of finance and i find myself reading these and thinking oh surely i know you know about whatever topic it is surely i know about stock based compensation surely i know you know whatever cash flow and then you read it and you're like i always learned something from it and i think he's a great writer he's very clear he's very helpful i just think it's a great great one to follow it's like you know there's a lot of junk food on twitter and i would say that ten k diver is not junk food i even took his like m course but did you really i only attended like half of the sessions just because like you know it's hard to make that much time super interesting dude and and you know i i don't know the course wasn't like mind breaking for me but i don't know it's it's all good stuff it's all good stuff and so i really i really liked i really liked the way this kinda of thinks okay so that's the the person one and okay so i did book alright we're good we're good on those we we all all three did ours yeah alright cool yeah what what topic you wanna do next wild predictions okay what you got mine's easy i think you want me to read your wild prediction from last year should i read our predictions yeah alright our predictions from last year sam's was san francisco is gonna be cool again yeah san francisco will be cool again you think you hit that or no no but i don't think i'm i i i i'm i early not off by prediction but i'm but yeah i'm i'm a little early it it's gonna come back man because san i went back there it is awesome san francisco was awesome yeah you said something about the youtuber meet kevin and that he will be like you know his company's gonna break out or something like that i don't know what that prediction was oh yeah i totally was wrong totally home diagnostics you said was the industry to watch yeah nothing happened there and then you said overrated the creator economy slash web three nailed it yeah you nailed that one andrew your predictions were that high high salary inflation is not here to stay companies are gonna outsource an offshore talent what do you think about that one i still think it's right i think that it just took i think we're just seeing it now basically as these tech layoffs happen i think they're gonna go global right and then you said overrated you said n t's i think we i think we structured this differently last time did like companies watch overrated thing to watch i said overrated with specs i think that was right i said a company to watch her luna that was way wrong and my crazy prediction was that the book i will end up richard than suck which is know early like we already talked about okay so this year what do you got for a prediction or predictions for twenty twenty three so we structured it differently but let me say my mine too because they're fast one elon musk either dies or he or he gets canceled or he gets canceled in an incredibly like serious way and tesla stock completely tanks the second thing is so open eye open ai something involving regulations is gonna happen because like there's already been little bits of pieces like if you google or if you use open ai and you asked them about coal they say like you know we think that climate change is wrong yada yada yada or if you ask them about race they say something like you know race is a social and cultural construct and the you we don't we don't wanna give an our opinion on this like they kinda like but they actually do insert their opinion and i think that there's gonna be some weird shit going on where like right now like like for example like say like hey we'll give you a hundred thousand dollars or ten percent of your company if you build on top of our platform and there's should be all these new tools and but it's all gonna be underlined with this like potential massive bias that open ai has and i think there's gotta be some type of regulation around it you what i mean yeah andrew what you got predictions and by the way supposed to be when we said we said wild prediction so we're again we're not saying we're sure these are gonna happen these are like sort of interesting predictions yes so remember like five years ago everyone was saying apple doesn't innovate anymore they can't do ai and what was happening is that google at least historically has innovated in public so they're cons constantly releasing new features and showing off these kind of half baked ideas that are in their r and d labs whereas apple has always been very opaque they'll work on something for seven years they won't share it and then all of a sudden they'll release it and i think that same thing is happening with gp three and ai i do believe that while right now i can say i'm using gp three instead of google i think google has probably been working on something similar for years and years and years and it's probably very far ahead maybe not ahead of gp three necessarily but that they have their own offering and so i just think it's those there there's gonna be a lot of a lot of other players in that space coming out over the next probably three to six months and that it will be there's gonna be an ecosystem of offering similar to aws and azure and google cloud i think it'll be the same thing with gp three google maybe microsoft i don't know who else cool sam i agree with your elon one that's one my predictions i think he he gets canceled in a big way or one of his companies goes broke i think that is a a a good wild prediction but i'm actually not gonna predict i think they're yeah he he he's gonna to get me too i think yeah i feel he already has and somehow in he already i mean he already did i mean he yeah kinda i think he's un kind of given all the stuff i think people think that and then it's gonna get the number of things doing gonna happen i think he's gonna they're gonna cancel the un cancel but i'm not really gonna predict anything that's like the macro because a who the hell knows and b who the hell cares i'm actually gonna take a page out of out of the book of of something we respect highly here on m m calling your own shot so my predictions are about myself so here's my my prediction is about about myself i predict that this is the year that i get ripped i predict that i turned the corner and in and then not like oh i get back in shape no you've always never been in this kinda shape so i make it i gonna get rid for the first time and i also believe that i'm gonna start a company that is special i don't want i don't wanna put a dollar amount because it these special things take time so it's not gonna happen in one year but i'm gonna do i'm gonna start the thing that will be my kind of like the thing i'm known for for a very long time the legacy thing or the thing that you know builds the the the big the big wealth the big empire i think it's gonna happen this year so those are my predictions for myself for twenty twenty three well i'm happy you called your shot i actually agree with you i think you're gonna do that too i i think you're you're more than likely gonna create that company than you are get ripped but who's giving me that fuel thank you for the fuel are you willing to take drugs to get ripped no i'm on that you're unwilling to take drugs like liver king okay well then yeah then i think that you're well dude getting a rip ripped just hard man i'm i'm pretty ripped right now and everyone keeps asking me what i did and you know what i did i just didn't need and it's really really a pain in the butt i don't really like doing it and so i don't know like i don't think you need to be that ripped what's your definition of ripped i guess visible abs yeah you gotta get to what is it twelve percent body fat twelve percent not it you can be you can live a good life and be at twelve percent but below ten where i am i'm trying to get it it it sucks i'm just hungry and cold yeah i'm not gonna do that but it'll be it'll be visible alright let's do another one coolest moment of the year for you what was the coolest moment of the year personally that you had dude mind is like it kinda felt like we crossed the chasm for like kinda like this podcast being well known and like that's a little i didn't wanna do a selfish one honestly i almost selling yeah i almost i wanted to say you selling the milk road i actually do think that was cool the the you seeing you do that i got a lot of joy out of and a lot of like even though i wasn't involved it was like i felt a sense of pride of like we came like a the adviser so you know you were involved yeah so feel free to send me some money but no i think like us getting popular this year like it really felt like this is the first time it happened i agree it's something has changed andrew what about you coolest moment of the year for you so i've talked about this before but i feel like what i actually if i really am honest what i like about business aside from making money and that making my life easier is meeting interesting people and you know i got i got to know andrew hub this year and we ended up partnering so basically like i've got a foundation i've been giving a bunch of money way to science and so i'm at hub maybe is that who you wrote the number or two ago you wrote the check to science yeah yeah exactly just sign but i'm at he in like a year or two ago and basically we did this thing where when people subscribe to his premium podcast a bunch of the money goes to basically funding science and research that he wants to fund i basically he said look double i'll double every single dollar that you donate and so we've got this partnership and i just love that kind of stuff where would you can work with some of your respect benefit do thing that i think is that that's a cool moment but you're you've become a ben factor what's what's what do you mean like a page ten x you get to use one of these words that's like from the eighteen hundreds what you do things like that yeah it feels good this fun dude and and plus you have an excuse now to hang out with the dream guy on earth andrew hub yeah totally sam i'm jealous anytime you want for sure alright my coolest moment of the year was you were there for the sam when we were at camp m m and we got to go do a tour of of duke basketball stadium and we're in there and then we were sitting down gave they gave us the talk it was an it was a good experience at that point but we we had a there's was a moment that made it a good experience to a a a a keystone memory which was when i bet mister beast ten thousand dollars that i could hit shot from half court and i hit it and the whole thing a number a number five or something yeah like the third part attempt hit i was like i'll again hit this before you at the third attempt i hit it doug camera it was it was an amazing fun moment it made that that trip a little bit more more special and memorable he ever pay you this is where it comes to this is where it gets interesting it's also actually my biggest l of the year because he didn't pay me and then i had to follow up and i followed up two times three times and now i'm basically begging for the money for the third time you go from like first time you kinda crack it you you busting balls a little bit like hey bitch baby and then the second time you're like okay man didn't pay by the type of the third one now this awesome dope moment has turned into an l because now one having to go i think i think i think you need to take him to stop things exactly that's how i've i'm doing that via i message and i was like we haven't made this is we have the bet up we we dude we have the bed i've video i know it so this this this baller moment of confidence being like hey bets ten grand i can hit this shot and then actually hitting it with you know everybody there in the center of you know camera cameron stadium cameron indoor stadium turned into a bit of a a small boy moment of being like hey hey did you have a chance to hey they just i know you're busy just to you think you can i i'll send the details again maybe maybe it's on my end dude is he lying about every other donations don't know copies are like get on it are are there thousands of victims like me that's crazy i can't believe you did pay you he doesn't seem like someone who blamed his assistant he's like oh fuck sorry my assistant to know i'm gonna i'm gonna have to yell a lot him yeah right okay let's do let's do the craziest most delusional person of the year that we met this one's for for us it's probably easy it's billy mc did you hear that did you hear that interview sean or andrew i did i didn't hear i don't like when you guys interview people like that because i i know know it's like interesting and stuff but i feel like if you if even if only five percent of people hear that and go hey he actually sounds like a good guy i just think like he's gonna go and fuck more people over i don't know what do you guys think i i didn't and i will do those bad things he goes and listens to all in instead he don't listen to the episode he goes on strike sean h wholeheartedly disagrees with you i think yeah i totally disagree i think you know this podcast is our vehicle to have conversations interesting people and everybody's an adult they should judge for themselves whether they think this person's full shit or deserves the second chance or whatever on the pod itself he told us what he was doing and literally with the one pause i just go it's a horrible idea and i i actually felt bad that i was that brutal about it but it really was i thought a horrible idea and i felt the deed to just like say it so i think it's one thing if you invite them on and they just like like i see this sometimes people just like suck up to people and the other is to be like dude what the hell were you thinking or then they're like oh know i just thought this like are you serious like really you like are you gonna look at me with a straight face and say this was all just an honest mistake like you had to have known right so i think as long as you are real with your questions then it's all good but that's my you know it's my opinion i just think i just think it's like it's giving time to people that are bad right like i would say billy mc is probably a psycho pad broke right but the bernie made obviously documentary on netflix coming out in three days are you gonna watch that bernie made his dead that's the has been done if i if you had if you had bernie made off on your podcast and you were like hey so like what happened tell us your story and even if you kinda call him out if he's like a like a a real psycho path is like pretty charming ming and like believable and you listen to them and there's gonna be a percentage of people that hear that and the difference with made office he's in jail right the then like billy mc i don't i have no idea you know he he served his time sure but like he's probably gonna go on and do more sketchy shit or i don't know any of these people who have a pattern of behavior of doing psychopathic fraudulent stuff i just don't think they should get any time frame yeah okay fair enough i think there's a lot of people who would agree with you i don't personally but most most probably do but i actually i'm i'm partially on sean's side i am mostly on sean's side but i i do feel guilt sometimes like there's another person who sean wants to have on that i think there's not a chance we should but so imagine here's here's how i would tell you to think about this like imagine that you so you know sam you've told me stories of guys who remember you told me there was some advertiser who was fucking you over and not paying you and you felt very cheated and sean i mean that guy that you sued who you felt like was chi you the landlord or whatever now let's say i have a podcast and i say well there's two sides to every story and he's fascinating i'm gonna go have that guy on my podcast as the victim you'd be like what the fuck i would to ask that question i would say ask that question as long as you actually ask the questions and you you're not just giving them like a chance to lie or say bs in a way that's like it's obviously bs but you let them skate on it like that's what happened with like the sand but freedom you but look at look at ty lopez look at ty lopez ty lopez got legit by being on m a lot of people heard him and went you know what he's not a bad guy and you know sam kinda likes something and whatever and like what has he been doing over the last wait wait what what do i do i didn't do it but what you said you're you're like yeah met him i met him in a hotel and he actually a really nice guy right and it's like of course he is he's a charming i like everyone i like affect the audience and meaning i believe that it you should have the opportunity to hear it and make your own decision i don't pretend that i'm your parent and i'm legit them or i'm telling you they're good or bad or whatever i'm just letting you see them and if you see them and you decide that they're great great if you decide that we didn't ask tough questions and you can't make a decision but andrew you promote the you promote bill ac sure like i absolutely do he's my business partner and i'm not saying i actually don't know all the details you put them in the same category well a a lot i'm not saying i do but a lot of people do don't they answer like that's objective you could you can at least say that a like a lot of people do think that he's what did the do this on on a considered controversy contribution controversial yeah what did he do exactly that would be like fraudulent or something like that i mean bill he the made some investments that have turned out badly but he's never don't think he's predatory in any way i think bill is created seen person you know legitimate when he went on what's and he was like i the mark whole markets he basically was like hell is coming bubba blah blah but didn't disclose it he yet basically a giant short position yeah maybe he caused a panic maybe didn't heat no but he he'd had already if you actually look he he wrote a letter about this he'd already sold almost his entire position he had like one or two percent left and i spoke to bill two weeks before that and he was freaking the fuck out like similarly that he that he was he was freaking benefit greatly if people started selling right he but he but he had a giant no no he made a bunch of money he wasn't no no no no that i think it's a big misunderstanding if you actually looked at the time he'd already sold out of that position when he was on with cnbc what about herbal life he was he was better outside of the life he was calling her life in herbal life i mean herb or herbal life he went out and he said this is a multi level marketing scheme and what ended up happening is the ftc investigated it and they gave them a two hundred million dollar fine and they got up to the point of saying hey is this an ml they settled with them for like two hundred million it was the largest ftc fine ever and herbal life the ftc commissioner was asked is herbal life a multi level marketing pyramid scheme and she said it's not not one right because she was legally bound by not calling at that so basically bill was right and that was an instance where he lost a shit load of money trying to fight a bad guy did that really happen i look i gotta find the way i i'm not saying bill act sucks i think i'm i'm i like bill but you're not i not no that's that's out what when i'm implying i'm i'm saying that some people maybe think that he's full of it right i i think yes absolutely there's people that are critical i think there's a great quote on this i'm not saying he is the tallest the tallest blade of grass is the first to get cut and i think bill is very loud and he is always confident and he's usually right but not always and so someone like that i think when they're not right everyone loves to shit over them yeah yeah i'm not saying that i don't think he's in the category where he's got like you know the i don't know of any accusations about stuff like that i think some people are just like he's not as good he loses money he's not as good of an investor as he says or his his fame would lead you to believe that's a criticism but that's like and that's like merit that's like criticizing someone skit lebron james is not as good to michael jordan or whatever right like that's different than saying somebody is you know i think it's like it's like fix fixated on warren buffett buying dexter shoe and it not working out and then saying or you know warren buffett did some deals in his israeli career where he bought a business and he ended up having to lay a lot of people off right now you could build a narrative that well warren about everyone says warren buffett so great but what about this and what about this but if you look at it and there's a hundred investments and ten of them didn't go well you know you can fix it on the ten but you can look at the long term performance bill's compounded at twenty plus percent i think twenty five percent or something crazy maybe not quite that but something exceptional so again like he's my business partner obviously i'll defend him i'm not by the way yeah i wanna be i think he's anywhere near those guys i'm not saying i'm not saying i think he sucks i actually like him a lot of from what i read about them i i'm just saying my point being is a lot of people a lot of awesome people have haters and just because you have a lot of haters does it necessarily mean i don't think you should we shouldn't have you on that's my whole point but imagine okay you guys have a newspaper right effectively you guys own the new york times of tech start up bros right like that that's what that's what m is you guys have this huge audience you on that would it be ethical for the editor editor of the new york times to put an op ed from bernie made off on the front cover right it's not an op ed it's an interview it's it's a big big difference again i hear i totally i totally agree i hear you guys i know you wanna like stir the pot and it's good good listening i just for me like i just hate when these we get air okay let's get back but yeah listen let's move on alright andrew who's the most delusional person you managed this year so okay so it's a delusional person who i think is amazing you guys probably will say the same person it's brian johnson yeah i'm met brian almost a year ago and i remember sitting down with him and looking just looking at him he's like a translucent glowing twilight vampire like he just looks if you cut his arm off there's circuits under there i i and he's so incredibly well spoken and like like you sam i think you said he's like the the elon but like behind the scenes and quiet right special so i think he's amazing i think he's like he's like dedicating his life to basically being a test you know a test case for the rest of us so i really admire him and i think he's really look at the person did he look on our pod he almost looked she almost looked a little ill like he was so skinny yeah he was so pale that there was no pigment in his in like literally like literally looked like both that movie with the fuck what is it the robot guy alien alien with the robot guy like just totally pale humanoid that's a that's my pick too brian johnson for the for the exact same reason so we'll we'll we'll we'll move to the next one he was he was you're right crazy and delusional in the best way possible yeah as a comp i meant mean that as a compliment okay did you guys have another category that you really like your answer for does anybody like think they got something good because we can just go to those the the relationship hacks and the relationship hack what you got so they always say like the best first date is an adrenaline kind of event right so like you wanna go on a hike you wanna get your heart pounding maybe you go and do like a rope you know those what are they called the like rope swings through the forest whatever like something that gets your heart pounding because when someone associates you with a peak experience like a physical feeling of peak experience that's very positive and it bonds you and the same thing is true with alcohol so i i kinda stopped drinking maybe like seven or eight years ago and i've kinda mourn the ability to go and you know down a pint with someone because they always end up telling you everything they tell you about their business and the problems they're having and you know what's going on with their wife it's like hang out once drunk is like hang out ten times sober and so what i've been doing is i've bring been inviting people that i would otherwise have like a meeting with over to my house and we'll do a really long sauna and a cold plunge and i've been finding like i just feel so incredibly bonded to people because i'm having like my my body is pumped full of all these endogenous drugs and it's been really good it's been kinda like drinking with someone dude can i tell you what mine was here's i'm gonna read let me word re read it word for word invite people have them come over for dinner and cook for them and we take ice baths together after dinner before dinner what are you doing before do you show like burn some trucks or how how do you prepare you just spring on or or sometimes sometimes that just spraying on them and i have a towel already and i have shorts on it and it's so funny that that's exactly what mine is another relationship hack that i have is i bring my wife to almost everything so so it feels like a family a gathering and also she's like like hot and like well like well read and like can have a discussion so it automatically makes me seem better you're guy with the hospital part wife of yeah and then yeah so andrew we had the same thing another thing that i that i typically don't do and i and i think this is the worst way to hang out is while exercising i hate when people say let's go get a workout together i'm like i don't want to i never wanna do that ever i will never do a workout and hang out yeah i want silence same the opposite i love love a workout together that's a great that's a great idea i've had multiple listeners from the pod be like hey i'm in town winter workout like i'll just come swing by and we'll just do it together and i was like oh that's perfect i don't wanna separately beat you and i'll learn so much about you just seeing how you work out that this is like how you deal with like you know adversity like you know how you're how are you as a hey you know do you work out like all these things it's a it's a great tell alright i got two little hacks the first is a principle that i've had for a long time it's called don't attend the party host the party this is my i have a rule i don't attend other people's events typically unless it's a real good friend it really wants me to but i will host so i think hosting is it is let's say five times the work but i think it's five hundred times the payoff when you actually host the the the event so we camp m mfa is a perfect example of this and when you host it the other the other hack in this is make it epic because it's going to be more fun for you to it's like all the logistical work is kinda the same but if you just use your creativity to make it a more interesting people will come and they'll have like a whole memory to you know a whole experience with you so with camp m the way we did it where we flew to this place we had the basketball trainer mister beast and hassan oz there like interesting people were there we all stayed in you know an airbnb a giant house together like that was a instead of just doing a networking event we made it fun and we made it different and i think and know you get a bunch of benefits of being the one who hosted it so that's the first one the second one i would say the actual relationship hack with with my wife is so i'm a pretty chill dude but i do i do have one achilles heel which is i'm very very very impatient and what that means is like you my wife is like i slow to leave the house trying to go somewhere i like dude why it just take so i feel like i've wasted half my life waiting to leave the house you you know just with kids it gets i really slow so i've always had this imp thing and i've tried to be like alright i'm gonna be more patient i'm gonna be more patient and i realized that that was actually a fool errand that the way to be more patient for me is to get in a fight in the morning and what i started doing was i hired the of my trainer and i would wake up early i do my workout in the morning and i would spa and what i found is that if i spa in the morning i've gotten a really hard strenuous like endo kick you know done the rest of the day i'm just sorta like yeah it's whatever like i i can wait yeah oh you're can take take an extra ten minutes you wanna change your shirt because maybe this one's a little maybe it's a little too how does go ahead go change your shirt and no problem i'll be here at the front door chilling and i have become such a more patient person just by doing spa session in the morning it's a pretty extreme step to take but it is so far the only thing that has gotten me to change this like really terrible personality trait after so long nothing like getting punched in the face i was i i think i told you that you did tell me that and right the other experience i highlight like this was i even been skydiving once in the morning and the rest of the day you could stress me out if you tried i was in i was completely immune to stress and so i think there's something to this like having a very exhilarating or adrenaline kick in the morning it just makes the rest of the day completely non stressful doesn't mean you don't do anything it just means you don't see do it we were talking about the cold plunge and i was just listening to a hub in lab and he was talking about this exact thing so when you're in cold it obviously stresses your body you get a huge dopamine spike and you get a adrenaline norepinephrine epinephrine all that kind of stuff and he was saying that if you do stressful things while you're in the cold plunge it adapts you to dealing with stress better so you definitely get a cold plunge and then argue with your wife while you're in it or something sounds smart so that's best pack what's the what was the other one you said oh favorite tool or product under what it's favorite tool or product under a thousand dollars what you guys got so i always have this problem i'll travel to a city and i'll try and think of you know i'll be like okay i'm going to new york on this day who do i know in new york and it'll be whoever's top of mind whoever i've just been texting with or something and i'll go and i'll have a couple meetings and then i'll leave and then i'll remember you know it's like when you leave the grocery store and you realize there's like three or four important things you forgot i always realized oh shit i've forgot to meet all these people i really wanted to see and so i've tried a couple different tools for this but i found when i really liked is this one called clay it's a personal crm which we all hate i know it's like a horrible business but they do a really good job of basically tapping into your twitter your linkedin your imessage all the your email all the places where you contact the and this is i'm building dot earth clay dot earth yeah and so basically it's a huge database of all the people you know and so what i do now is i go in clay and i'll just be like i'll type in new york and it'll show me everyone in new york and then i don't miss people and that's been huge this is a beautiful website yeah the i turned right away because i was just like same problem with all crm for me where like you get out what you put in and i was just not willing to put it put in enough but there's no i don't use it like i don't you i don't update it it's just when i go traveling it's just a database of people i know and where they live can i mind is my body tutor and i don't know if sean that if that's yours as well but have you heard about my body tutor andrew no very simple alright here's what it is i spent six hundred dollars a month and every day my coach her name's heather calls me and says what are you gonna eat today and i tell her and she those yesterday according to your my fitness pal you ate this this and this this thing was bad how'd did that make you feel and i say i feel horrible i'm not gonna do what to get today and she just shamed me or educate me on why i made a good or bad decision and we like work backwards from whichever goal i want it's it's a five minute phone call that's been the bit the best tool i've ever used that's a good one that's all it is i so i'm a pretty disorganized guy so my favorite tools of products that have been the one that helped me get organized and i got two that kind of saved my ass this year i don't know sam did you when you were at the hustle did you ever have like a bookkeeper yes and do you remember life before a bookkeeper and a life after bookkeeper before it's stressful and like now i know that like i didn't know what the difference between revenue and cash flow was and i didn't like understand like that like you take expenses and you like am amortized them i didn't understand all of that stuff it was as if i was driving at nighttime without headlights on perfect way to describe it that's how i've been my whole life and i would always wonder man how does the other people have their shit together how is it you know taxis season comes around i'm just like scrambling and it's like the worst version of cram for a test and so this year i basically totally revamp my financial like hygiene game with a bookkeeper and a tax person that i love and i'm gonna shout them both that because they're amazing they were they were so amazing i did invest in both of the companies because i was like i have to like you know that i i believe in this you know because they saved my ass so one is called kick so i think it's kicked dot c is the url and it's basically if you go the website i like their tag it says self driving bookkeeping so basically what they do is they just say connect your bank your credit cards and it's like everything's it's like your amazon you just click connect connect connect connect connect boom it's all your books and then they have bookkeeper and she calls me and she's like here's how you're doing like here's how you're pacing here's what you know here's some things you should be thinking about here's how we can save you money you know blah blah and not like not like spend less but more like tax wise i hear some things that you could do and so bookkeeping was the first one and that how much is this all my books are together is super cheap it's like i don't know it's like ninety nine dollars or a hundred dollar a hundred ninety nine dollars a month or something like that it's like if anybody if you're a create like the one big thing is they they do this for like kind of like small small businesses like sort of like llc types s corp or creators so like if you're a youtuber or twitch creator or podcast most of them have don't treat their creator business like a business and you totally should in is business and i think also the law has now changed so starting next year i think they have to do like the quarterly estimated taxes and things like that like dude ninety nine percent of creators have no idea what this stuff is or how to do it and so so i love this thing this has been like kind of a game changer it for me on of i'm having my my p and l my cash flow my balance sheet all of just like very clean and then then that gets handed to the other service guilt and so but guilt does is kind of amazing i don't know how much of this time i'm i'm supposed to say or allowed to say i don't even think they want me be shouting it out because it's like dude i just signed list i just signed up i just signed up with guilt are you on the waitlist list or you you have actually start using it i dm him and i have a call set up a the guy tal is this incredible guy he's an entrepreneur so but for the best thing so i've i've met many i've had many like kind of accountants and tax strategy people and i literally walked in and i felt like i was walking into a meeting like you know with cia or something like that with irs it's like and and nick cooper said this right he goes yeah dude ninety five percent of accountants and tax strategy people they're like they act like government agents and he's like you can't even not he's like you're just asking questions like how should i structure this differently in order to they can't answer yeah it's like they they won't depends they're like un they're not creative first of all so they're not even giving you ideas it's like if you have the idea they can say yes or no but like dude where am i supposed to come up with all these ideas from so like they don't give you ideas first of all and secondly they're like well did you spend more than twenty two hours doing this like dude i don't know i don't i was keeping track of that but like if i say yes what happens if i say know what happens i need to understand like could you just disarm this it's not even like help me cheat it's like literally just don't make this stressful it's been my my a big problem with this and so gil is kind of amazing because tells he's a founder he's an entrepreneurial sold his last company and he's like dude i just like he's like personally i just hated taxes and so i decided to create the tax firm i wish existed and they're amazing so the same thing they take your books and then what they do is they're more like y have you thought about structuring your corporations in this way because then you can get the advantage of q sbs while still maintaining this advantage and like they they do everything clean they do everything by the book but they are they feel more like your friend helping you do this than the other way and so these guys probably save me i don't know i don't know how much to save me but it's i wouldn't be surprised if it was seven figures of what i've saved using this thing and it's the first time i've been not stressed on the subject of finding like bookkeeping and taxes and so like that has been like a a very nice feeling for me to have versus like this scramble and always feeling like there was some adult class that i missed i slept through and now here's the test like that's how that's how taxes always felt for me was i slept through the class and everybody else took it everybody else is prepared and i don't know what the fuck doing and now finally i feel like okay i i have my notes to take this test dude i joe feel like it's one of the one of those things that's shocking how many business people just don't know how to read a balance sheet in a p and l and cash flow statement and it's if you wanna learn khan academy has an amazing introductory course takes about an hour and you'll learn everything you need to you guys hear this the the irs hired like some like some absurd number of new like was it like eighteen thousand either like eighty thousand or or more i don't know like irs hiring new ages i think they hired eighty thousand eighty seven thousand new hires and so i think there's gonna be a shit audience which is why i wanted to be like super buttoned up with everything just because oh man that's another time suck if you get audited of like dealing with all that crap so you know i don't think they hire these people to do nothing it's a eighty billion eighty billion in new funding and eighty seven thousand tax agents is that insane that's fucking crazy they're gonna have a lot of work to cut up for them i think we should almost wrap up well we have wanna do one one or two one or two more what are your favorite one yeah let's do let's do one what's a really good one what of the biggest change adjustment you're making yeah i think twenty three i have one good go sam so for i have a new thing that i'll launch that it's live but i'll announce it later i'm hiring a ceo for it i've already like done that and i've never done that early on i also am i'm doing close to like i'm being less of a dictator and i'm also being less metrics driven this sounds like the freaking douche thing ever but i'll say it but more like vibe and energy driven basically with the hustle and like my last company i was like by the book where it was like alright i wanna see projections we're gonna nail it we're gonna like the the metrics say this therefore like can see you putting a metric on the vibe too back we're in eighty seven on five just week guys well like on my lap like for all my companies i'm like look you've gotta do this many outbound calls like we're gonna at like whatever the a b metric is this is what it is like we're going with a that a one and i just filed the data and i was like i don't care and then it was very much a dictatorship where i said my rule or my way or the highway and i'm trying to be a little bit calmer for my next thing and i think i will make way more money that way that's a great one great adjustment andrew what you got biggest change or adjustment you're making in your business life twenty twenty three so last year i don't know if i said this but my big goal was conquering email like i just i was overwhelmed by it i was stressing me out and so now i've built a system i've fully delegated it i've got someone dedicated to managing my email and so i really only get ten or fifteen emails that i have to respond to and everything else is triage and responded to dealt with so i've conquered email the problem is now i get a lot of imessage like text and stuff and i'm going i don't know how to conquer that other than changing my number which seems fucked up i'm trying to figure that out if anyone has any ideas please tweet at me because there's it seems like there's no way if someone has your number they're gonna get to you and i have a really hard time now aspiring to text i feel kinda guilty so i'd love to hear and you're just getting cold text from strangers is that the problem dude i get so many of those no not that it's just there's i mean i get cold text for sure but it's more just like there's so many people i've given my number out two and if someone doesn't get an email response to me sometimes they'll try and go there i think like some people have found my number on online yeah i'm like it's just it's just becoming too much and i'll be like with email you can kinda turn it off i'll be putting my kids down for bed and like reading a kindle book on my phone and i'll be getting hit up with text and it's just the ability to break into your consciousness would you just get a new number sucks yeah i was thinking about it but i've had my number since i was like fifteen it feels messed up to do i know but i thought about doing that as well sam okay so you did yours andrew you did yours my biggest adjustment you knowing when to use my impulsive ness so i'm an extremely impulsive person and that works in like eight out of ten situations one of the situations it doesn't work in is i'm very impulsive with picking businesses to start and yeah i will just like start a business like instantaneously and i will go and i'll start making it happen and it's really fun and that wave and that thrill is so addictive and then eleven months later i'm like okay now i have this business was this the business that i wanted to have was because like i can't do that many of these at the same time so is this the right are you happy you started your e comm thing no if i could go back and just pick a different project i would same thing with the mill road part of the reason i sold it was i was like i don't think this was the project that i wanna work on every year you know for the next three years and so if i don't wanna work on it for the next three years i should just sell it now and like you know if i have a good offer like take it but that's kind of a shitty feeling like there's a celebration in selling but there's also a bit of a failure it's like i've been saying this for a while i wanna work on a project that i don't wanna sell like this podcast time is flown by where this is the third year we're doing the million awards that means this spot has at least three years old i can keep going i would do this for free i was doing this for free i i was gonna do this at a loss so this is the right type of project for me to do it's one that i would literally do if there was no money involved i don't count the days of the hours i'm not stressed about the metrics i know it's gonna keep going up because we'll just keep trying to do better and better job i have fun doing it and it's not a not a drag on my lifestyle right like perfect project this has been the only project i've selected correctly on i would argue every single business i've started since the age of twenty one was the wrong pick and it was always just the impulsive pick it was someone should do this dude i bet i could do that dude i just do this this alright let me just do it and i would just do it and then you know sure enough i'm look looking for the exit later because it wasn't really the right project so i'm trying to find the big changes i'm gonna find the project that's in my zone of genius that is the perfect project for me it's what i enjoy doing and i'm not building it for some future payoff i'm building it i'm doing it because i like doing it that it is the the project that's you know i'm most interested in and if that changes later okay that's fine i'm not i have to do it till i'm ninety nine years old but i'm not doing it just kind of like on a whim so i'm gonna be patient and select the project properly that's good it's about time i've been telling that for ten years the best lessons of the one that you have to relearn ten ten times over k so the other one was best business idea you wish someone to end yeah do you guys wanna do yeah let's end tell me why your washer and your dry are two different machines this is the craziest thing ever why do i have to get out of bed and remember to put my wet clothes into the dryer it's ridiculous this needs to be one that's honestly that is one of the parts a really good point it's as crazy to be it's crazy to me that that it's two different things that that actually exists in you're one washer driver i'm just looking kinda no it's in it's in best buy home depot they're not that great thing not that great yeah like i use them in europe and they're only okay but they need to be the norm mh this needs to be the norm yeah yeah if you're working on ai or crypto or a self driving cars quit and figure this on out like we gotta put we gotta have our priorities in order you know how many people are wasting time look at dude that like it's like look at james jason look at james jason he's worth eighteen billion dollars and he just was like that games are terrible i'm gonna rethink those imagine you could've have been working on ai but no you chose something dryer machine next to our dishwasher machine thank you i agree dude like some of the or like or like have you ever noticed how the inside of a refrigerator no matter how rich you are it always looks like shit like we need like a better organizer or something for like so some these like day to day problems i think need to be improved particularly it we'll start with the washer and dryer it needs to be one machine okay like that one andrew what you that so mine i tweeted about this so there's always private jets out there flying around all over the world and tell me about it people people will people will fly somewhere and they don't need a return flight or they're gonna go there for two weeks or three weeks or whatever and so the plane actually flies back empty just with the pilots on it right and i think this is truly insane this is like billions of dollars getting lit on fire every month of just jet fuel and empty planes and stuff i don't know what this solution is i know there's people that have tried this but it seems like a incredibly inefficient dis disoriented world and someone needs to crack this and create a central database of basically every plane that's available because let's think about who owns private jets it's very very rich people very rich people are usually business people and our logical do they care about having someone else fly back if it pays for all the fuel and stuff probably not maybe i'm but it's like gucci where it's like well i don't wanna like sell my un sold gucci clothes i'd rather just burn them to keep the value up sure yeah i don't know maybe but anyway i do think there's a lot of people who would certainly wanna get compensated for that if it was easy and i think someone needs to crack this yeah that's a that's a good one okay i'm gonna go with the school for the starving artist okay so i've met a lot of people in life who like to do different arts things you know photography film you know met somebody who was like you know they like they're like oh yeah i fell in love with the photography because i would hang up the freaking prints and like let them dry like whatever you know whatever that shit is of cult you know coloring you know blah blah blah drawing there's all these aren't art are artistic things and i would say most people give up on those passions or things because it's really really hard to make a living doing it or is it that's what i wanna answer because now that i'm doing this e comm thing i now pay a lot of money to photographers it's just that they had to be branded as photographers who understand how to do product photography or commercial photo shoots my wife when she was in business school was just doo on her paper board and somebody walked by and luckily they saw that and they go did you draw that and she was like oh yeah sorry i i've i'm paying attention i promise hey he's was like no no i don't care like but if you can draw that i have a job for you it's called graphic facilitation you can make a thousand dollars a day just by going to these meetings and conferences for these businesses and you draw on a giant whiteboard what they're talking about so they have a visual takeaway at the end of it and she made more money than me for a long time doing this thing she would have never known how to turn her art into money and so i think somebody should create art school for people who have artistic talents but wanna be rich for have art discounts but they wanna make a living doing it and not just be a starving artist for their whole life i think you should create a specific school for this and all the courses are things where you take an artistic trait but you teach some to do it in the commercial way and they can make money even while they're in school doing this like you know how big of a shortage there is a video editors now that youtube and tiktok are so huge or you know again commercial photography or drawing or all these different different artistic things so i think somebody should create the school for the starving artist where they're not they're not gonna starve anymore and get the get the artists that are willing to sell out like twenty five percent and just like do this you see this girl on tiktok she does these she'll take like a like doctor pepper will pay her like a million dollars it is tiktok where she does these like crazy slow mo zoom in water dripping on the side and she makes this epic like like video trailer of a doctor pepper she makes a doctor pepper look like it's the unveiling of a new you know rocket by spacex and she's just really talented at that and brands are willing to pay her for that type of marketing you know there's a lot of people out there who could do that they just didn't connect the dots well what are you call it you gotta have some cute ass essays don't have you yet that's the only hold that's the only hold i'm i'm not gonna i'm not gonna start like the perfect name have you know me do we andrea you look like you just got your first comm you just like you you have you have an an an angelic face and an angelic look it doesn't matter how rich and successful you become you you still look like this little perfect comedian boy oh thank you i'm working on becoming a twilight empire like brian that that's my other goal this year you're i got it what what's the thing heats every morning the sticky putting or what it's like not putting it on that whole thing yeah nutty pudding that's your face looks more trim oh thank you i feel like you say that every time i come on i have on just like a crazy tan have you just ever come back look at puerto rican my my problem is i i tan really really well in my arms and face but i'm like i cannot tan on my body so i have a had done a you tried taking up your shirt no this yeah sure i should do that i want it didn't come i can i want you to look like you know ricky barton so yeah know just like you need to come back at least like a third colombian in your tan next year next time k here's here's the deal here's the deal okay you and then i'm serious you get to eight percent body fat i will go to a tan salon i will go in one of those stand up tanner and i will i will get really tan and come on you guys get thirty twelve percent you got a deal okay well then eighty twelve crazy twelve twelve is like twelve is like soft tabs i want like crazy shredder hey well he'll looks shred it because he's dark yeah he'll will charles like go to the falling like twelve minutes i'm gonna have to like sacrifice my life to do this i think twelve is a more than fair deal okay this is a deal what's the what's the timeline is the year in the year when is whenever i do it and there's a lifelong bet if i ever get there if i ever said you oh culture sure you sam we should we gotta talk about that meetup we're doing in vancouver i will we'll do a shout out next time at the beginning but we'll also do it now so we're doing a meetup s sean obviously you're invited it but i ever i doubt you ever you guys know me so well that you didn't even invite me that's i appreciate that you know me that well yeah we're doing a meetup up we have to pick a date but it's gonna be mid february in vancouver right how many keep how many people signed up or like gave interest i think it's we already have we already have six hundred people so it's gonna be a big event we gotta figure that out yeah we have to pick a venue you we just put a andrew put a tight form he didn't even ask me you put a tight form him and he said sam and i are doing a meet sometime in february tb on all the details sign up here that's pretty cool i'll go i'll i'll do it we got people there's people on it you wanna come yeah come it'd be awesome i think saw hills said he would come to and i just followed up with him on twitter i don't know if he's responded but we gotta get saw hill out we i've got some doctor's appointments in february i gotta work around so let me figure out what when those are and then we'll pick a date alright guys another successful familiar awards of the books thank you and we will see you next year

Episode Notes

Episode 401: Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Andrew Wilkinson (@awilkinson) present the annual Milly Awards. The most notable Billy of the Year will be named... as well as best and worst investments, favorite breakout company of the year, coolest moment of the year, best content, and so much more. And one side note, if you want to sell your boring business email [email protected].

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Links:

* Cultural Tour Twitter

* Blitzed book

* Founders podcast

* The Operator book

* Think On These Things book

* Richer, Wiser, Happier book

* 10k Diver Twitter

* clay.earth

* My Body Tutor

* Kick

* Gelt

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

* Want more insights like MFM? Check out Shaan's newsletter.

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Show Notes:

(04:10) - Billy of the Year

(10:30) - Biggest Loss of the Year

(24:50) - Breakout Company of the Year

(32:00) - Unsexy Business of the Year

(42:15) - Best Investment of the Year

(49:40) - Worst Investment of the Year

(55:15) - Content of the Year

(01:01:25) - Wild Predictions for Next Year

(01:07:50) - Coolest Moment of the Year

(01:12:15) - Craziest Most Delusional Person of the Year

(01:22:40) - Relationship Hack

(01:36:50) - Biggest Change in 2023

(01:42:10) - Best Business Idea for Someone Else

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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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