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#668August 7, 202445:23

He Sold His Company For $15M, Then Got A Job At McDonald’s

About This Episode

Sam and Shaan discuss Scott Heiferman, the founder of Meetup, who famously worked at McDonald's and Amazon warehouses after multi-million dollar exits to stay grounded. They explore the 're-industrialization' of America and break down Elon Musk's five-step engineering protocol for simplifying and automating complex systems.

Episode Description

Episode 615: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) tell the story of Scott Heiferman, the reindustrialization of America, plus Elon’s Problem Solving Method.

Show Notes

  • 0:00Millionaire working at McDonalds
  • 11:40Scott Heiferman’s path to $15M
  • 17:32Building Meetup.com to $156M exit
  • 24:20Rosie the Riveter 3.0
  • 34:32Elon's Problem Solving Method

Key Takeaways

1

Escape your professional bubble by intentionally seeking 'real-world' experiences or entry-level service jobs to gain first-hand marketing and management insights.

2

Prioritize 'deleting' parts or processes before trying to simplify or automate them; the biggest mistake is optimizing something that shouldn't exist in the first place.

3

Practice management gratitude because feeling underappreciated in a low-wage job teaches that pride in work alone isn't a substitute for a leader's verbal recognition.

Business Ideas Mentioned

Modern Trade Job Recruitment Agency

Agency

Private Driver Brokerage Service

Marketplace

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Guest Graveyard Mentions

SH

Scott Heiferman

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Quick Stats

Duration45:23
Guests0
Ideas Discussed2
Topics0