How fortnite made me a millionaire
About This Episode
Shaan Puri recounts his ten-year entrepreneurial journey, detailing a series of failed ventures ranging from a sushi restaurant to viral messaging apps before finding success with a Fortnite e-sports league. The discussion explores the evolution of his business philosophy, emphasizing the shift from chasing high-risk moonshots to prioritizing creative fulfillment and high-probability projects.
Episode Description
Show Notes
- 0:00#1 Chipotle of Sushi
- 5:00#2 Selling Wristbands Online
- 9:34#3 Biotech with a billionaire
- 12:54#4 Making the next billion dollar app
- 17:30#5 Ride a wave
- 22:37Shaan applies to Stripe
- 25:29Going from 0/12 to 5/5
- 26:35Project selection
- 40:00Your last dollar
- 46:00Uncle Shaan's advice for 20 year olds
- 52:12New segment: Life happens
Check Out Shaan's Stuff
- Shaan's weekly email
- Visit
- Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
- Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
Check Out Sam's Stuff
Key Takeaways
Use a tight box constraint, such as a 48-hour deadline to generate a single dollar of revenue, to force immediate action and prevent the trap of excessive planning during the initial stages of a startup.
Validate a business concept in a low-cost testing environment, such as a delivery-only model for a restaurant, to gain real customer data before committing to expensive long-term leases or personal guarantees.
Determine your last dollar number by calculating when passive investment earnings exceed your annual burn rate, allowing you to shift focus from wealth-seeking to high-fulfillment creative projects where you have a unique advantage.