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#455January 19, 20231:00:26

Creators who have made $50M+, Multi-Million Car Businesses, and …

About This Episode

Sam Parr and Shaan Puri discuss how creators can build $50 million-plus businesses by transitioning from ad revenue to high-alignment physical products like hair care or supplements. They analyze the success of curated auction marketplaces like Bring a Trailer and brainstorm new niches such as golf and livestock that could benefit from similar editorialized sales. The episode also features a deep dive into Sam Altman's early investment success, his survivalist prepper habits, and his philosophy on aggressive business scaling.

Episode Description

Episode 408: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about multi-million dollar car businesses, Shaan's business offer for a female listener, creators who have made $50M plus, and Billy of the Week Sam Altman. Want to see more MFM? Subscribe to the MFM YouTube channel here. -----

Show Notes

  • 03:00- Bring a trailer
  • 13:50- Creators who have made more than $50M
  • 31:10- Billy of the Week: Sam Altman
  • 49:50- Suli quotes
  • ----
  • 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.
  • ----
  • 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

  • * Bring a Trailer
  • * Shaan's tweet
  • * More Plates More Dates
  • * Gorilla Mind
  • * Marek Health
  • * Kayla Itsines
  • * Mark Rober
  • * Ben Shapiro
  • * Jeremy's Razors
  • * Chamberlain Coffee
  • * Pat McAfee Show
  • * Dani Austin
  • * Divi
  • * Mindy McKnight
  • * Christian Guzman
  • * Sam Altman
  • * Suli quotes
  • * 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.
  • -----

Key Takeaways

1

Build high-alignment products that solve personal problems discussed in your content to achieve massive business scale beyond traditional sponsorships.

2

Curated auction platforms succeed by editorializing high-ticket items with professional photography and community engagement to create a premium experience compared to generic marketplaces.

3

Adopt the 'non-obvious but correct' investment mentality by backing high-potential ideas that the majority of the market initially views as bad or risky.

Business Ideas Mentioned

Curated Auction Platform for Golf Equipment

Marketplace

High-Value Livestock Digital Auction Marketplace

Marketplace

Identity-Based Consumer Goods Clones

E-commerce

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Quick Stats

Duration1:00:26
Guests0
Ideas Discussed3
Topics0