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#469February 21, 202357:42

Kim Dotcom's Millions From Megaupload, Million $ Panic Attack Ap…

About This Episode

Sam and Shaan recap their sold-out live event in Vancouver, reflecting on the energy of the entrepreneurship community and the unique founders they met there. They also dive into the financials of Logan Paul's Prime energy drink, the mechanics of corporate tax havens, and the wild history of Megaupload founder Kim Dotcom.

Episode Description

Episode 422: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about their Canadian MFM event and the success stories they met there, the answer to what is a tax haven, the story of Kim Dotcom, and more. Want to see more MFM? Subscribe to the MFM YouTube channel here. -----

Show Notes

  • 00:35- Recap of MFM Event
  • 18:25- Rootd
  • 22:50- Vessi
  • 26:35- Tax Havens
  • 37:00- Kim Dotcom
  • 46:00- Prime Energy Drink and Logan Paul Freakout
  • ----
  • 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

  • * Rootd App
  • * Vessi
  • * Nike
  • * Kim Dotcom
  • * Megaupload
  • * Prime
  • * Congo Brands
  • * 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

ASO over SEO: You can build a million-dollar solo business by dominating a narrow, high-intent App Store keyword (like 'panic attack') rather than competing in broad categories like 'wellness.'

2

The Negative Cash Cycle: Physical product businesses like Vessi can bootstrap to massive scale by using Kickstarter and favorable manufacturing terms to get paid by customers before paying for inventory.

3

Platform Agnosticism: Longevity for creators comes from treatng platforms as waves to be ridden (Vine to YouTube to Boxing to WWE) rather than permanent homes, staying relevant through constant evolution.

Guest Graveyard Mentions

LP

Logan Paul

KD

Kim Dotcom

View guest graveyard

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Quick Stats

Duration57:42
Guests0
Ideas Discussed0
Topics0