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#478March 16, 20231:05:17

Nick Huber: Powerful Sales Trick, Traits Of An Entrepreneur, & …

About This Episode

Sam Parr and guest Nick Huber explore the psychological traits that define '10X' entrepreneurs, focusing on emotional stability, speed, and follow-through. They discuss Nick's 'collection of people' business model and a counter-intuitive sales strategy that involves leading with downsides to build trust.

Episode Description

Episode 431: Sam Parr (@TheSamParr) and entrepreneur, Nick Huber (@sweatystartup), talk about traits of successful entrepreneurs, a new powerful sales trick, how to run multiple businesses at a time, and more. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com -----

Show Notes

  • 02:50- Nick Intro & How MFM Blew Up His Life
  • 08:35- Successful entrepreneur traits
  • 31:00- A powerful sales trick
  • 39:00- Nick's tweet about SJWs
  • 47:00- Running multiple businesses at the same time
  • 50:55- Selling vs Cash-Flowing
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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

  • * The 50th Law by 50 Cent & Robert Greene
  • * CopyThat
  • * Sweaty Startup tweet
  • *  Sweaty Startup Newsletter
  • * Nick Huber Show podcast
  • * Recruit Jet
  • * Titan Risk
  • * RE Cost Seg
  • * bluekeycapital.com
  • * Shepherd
  • * Bolt Storage Investor Portal
  • * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
  • -----

Key Takeaways

1

Identify '10Xers' by testing for follow-through with small, immediate tasks during the hiring process rather than relying on standard interviews.

2

Use 'negative selling' with investors and high-level talent by highlighting all potential risks and downsides first, which forces the other party to argue why they still want to proceed.

3

Master the art of 'copy work'—manually writing out successful sales copy—to internalize the patterns of clear, concise communication necessary for effective delegation.

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Quick Stats

Duration1:05:17
Guests1
Ideas Discussed0
Topics4