A Harvard Grad Bought A $50M Biz For $0 And How Much Obama And O…
About This Episode
Sam and Shaan explore the lucrative world of high-end speaking fees, detailing the massive checks earned by figures like Barack Obama and Oprah Winfrey. They also provide a deep dive into the story of Sarah Moore, a Harvard graduate who acquired a $20M+ egg carton business using 100% debt financing and creative persistence.
Episode Description
Show Notes
- 08:50- Is MFM the top entrepreneurship podcast in the world?
- 12:35- Obama makes $1M+ per speech
- 23:00- Idea: Speaker management for Twitter boys and podcasters
- 29:45- Update on EggCarton.com
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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
Links
- * Washington Speakers Bureau
- * EggCartons.com
- * 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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Key Takeaways
Structure business acquisitions using 75% bank debt and 25% seller notes to achieve zero-down ownership of cash-flowing 'boring' companies.
Use a published book as a strategic lead-generation tool for high-ticket speaking engagements rather than focusing on direct book royalties.
Employ unconventional outreach methods like physical faxes or photos to break through to unresponsive business owners during an acquisition search.