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#410September 20, 20221:09:22

Lunch With A Billionaire, Fierce Nerds, And D2C IQ Tests

About This Episode

The hosts explore the 'Fierce Nerd' archetype and share insights from their interactions with HubSpot founder Dharmesh Shah, specifically his obsessive optimization of public speaking and poker. They brainstorm high-potential business concepts including a D2C IQ testing platform and high-end bathroom technology, while introducing the 'Deal Doula' framework for navigating company acquisitions.

Episode Description

Episode 364: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about lessons from lunch with billionaire, Dharmesh Shah, the power of fierce nerds, and the latest D2C business idea from Shaan... a D2C IQ test company. -----

Show Notes

  • 06:10- Lessons from lunch with Dharmesh
  • 13:50- Finding the medium where you're most comfortable
  • 24:50- Six random domains that Shaan owns
  • 32:05- Idea: D2C IQ Test Company
  • 39:00- Idea: Apple for the bathroom
  • 48:25- Concept: A Deal Doula
  • ----
  • 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

  • * Fierce Nerds
  • * Ben's IQ Test
  • * CliftonStrengths
  • * Block Renovation
  • * Made Renovation
  • * 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

Fierce nerds succeed not just through intelligence, but through extreme competitiveness and an impatience to solve hard problems that others find socially awkward or tedious.

2

Founders should hire a 'Deal Doula' during M&A—an experienced advisor who provides emotional coaching and strategic judgment that goes beyond technical legal or financial advice.

3

In business negotiations, building trust by proactively disclosing all 'skeletons in the closet' is more effective for closing deals than hoping the buyer won't find them during due diligence.

Business Ideas Mentioned

D2C IQ and Personality Testing

SaaS

Apple for the Bathroom

E-commerce

Excel Monkeys Financial Templates

SaaS

Professional Deal Doula Agency

Agency

View all ideas

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Quick Stats

Duration1:09:22
Guests0
Ideas Discussed4
Topics0