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#471February 28, 20231:16:11

Greatest Business Of All Time, Psy-Ops As A Service, Work Harder…

About This Episode

Shaan and Sam examine religion as the ultimate business model, focusing on the Mormon Church’s $100 billion hedge fund and its operational advantages. They also discuss 'Psy-Ops as a Service' and the use of fake live-stream apps for social status, while relaying partnership and network strategy advice from internet veteran James Currier.

Episode Description

Episode 424: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about the greatest business of all time, what psy-ops can do, the work smarter not harder hack with Parallel Live Simulator, and much more. Want to see more MFM? Subscribe to the MFM YouTube channel here. -----

Show Notes

  • 00:35- The greatest business ever
  • 17:40- Psy-ops as a service
  • 35:45- The work smarter not harder hack
  • 39:50- Shaan meeting with James Currier
  • 50:50- The four things you need to know for a great business partnership
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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.
  • ----
  • 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

  • * SEC Filing for LDS Church
  • * Team Jorge Wiki
  • * Parallel - Live Simulator
  • * James Currier Twitter
  • * NFX
  • * 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

Treat business partnerships as a 'giving contest' where both sides strive to provide more effort and sacrifice than the other to ensure long-term stability and fairness.

2

To resolve a business deadlock, apply the 'sleep test' by deferring the final decision to the partner who is more emotionally invested in the outcome.

3

Position yourself at the physical and professional center of your industry's network (e.g., Silicon Valley) to maximize serendipity and capture higher-quality deal flow compared to building on an isolated 'island'.

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Quick Stats

Duration1:16:11
Guests1
Ideas Discussed0
Topics4