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#255September 10, 20211:24:19

#218 - Why You Should Take a Think Week Like Bill Gates

About This Episode

Sam and Shaan discuss the power of storytelling through the history of the Wright brothers and the mechanics of the book Storyworthy. They explore the 'boring business' real estate trend on Twitter and Shaan's experience taking a 'Think Week' to immerse himself in the world of crypto and NFTs.

Episode Description

[Updated] In this episode Sam (@theSamParr) and Shaan (@ShaanVP) talk about what Shaan has learned over the last week by taking a Bill Gates-inspired week off to dive deep into crypto. They also talk about Wilbur Wright, identifying stories from your work experiences, and who they follow in real estate Twitter. They close it out talking about a Twitter thread with a different take on levels of wealth and then potential solutions to Sam's occasional panic attack. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------

Show Notes

  • * (1:53) The backstory of Wilbur Wright
  • * (9:26) First, last, best, worst, weirdest
  • * (12:44) Sell the story
  • * (17:02) Real estate Twitter
  • * (29:17) Opportunities for niche content creators
  • * (33:42) Shaan's think week is crypto week
  • * (37:53) Meet Andre
  • * (40:19) Observations from crypto week
  • * (43:46) #1 - crypto dev tools
  • * (45:23) #2 - NFT research tools
  • * (48:42) Shaan's take on NFTs
  • * (59:09) Levels of wealth thread
  • * (1:07:16) Parallels to Naval and financial freedom
  • * (1:15:39) Panic attacks

Key Takeaways

1

Practice 'Progressive Ambition' by building small, profitable businesses that fund and provide the mechanical skills needed for larger, more complex ventures.

2

Leverage personal branding on social media to build trust and raise millions in investment capital for niche, high-cash-flow real estate like strip malls.

3

Schedule periodic 'Think Weeks' of total immersion to bypass FOMO and gain deep expertise in rapidly evolving fields like Web3 or crypto infrastructure.

Business Ideas Mentioned

Boring Business Car Wash Flipping

Boring Business

High Net Worth Tax Strategy Content

Content & Media

Modernized Patients Like Me Reboot

Marketplace

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Featuring

Hosts

SP

Sam Parr

Host

SP

Shaan Puri

Host

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Quick Stats

Duration1:24:19
Guests0
Ideas Discussed3
Topics0