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#485March 28, 20231:08:54

Sam Reveals The Company He's Worked On For The Last 8 Month

About This Episode

Sam Parr officially reveals his newest venture, Hampton, a highly vetted peer network for entrepreneurs with revenue ranging from $1 million to tens of millions. The hosts discuss the strategy behind building the business in stealth, the importance of hiring an operator early, and why courage is often a more significant factor in success than high IQ.

Episode Description

Episode 437: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about Sam's new startup, Hampton, which Shaan predicts will be worth more than $1 billion. Sam talks about how it started, why he started it, and the future of the business. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com -----

Show Notes

  • 00:25- Sam Introduces Hampton
  • 22:35- The Sam Parr method for finding opportunities and creating businesses
  • 46:50- Martin Shkreli's Best Advice
  • 57:02- HARO
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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

  • * Hampton
  • * Martin Shrkreli's YT episode
  • * HARO
  • * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
  • -----

Key Takeaways

1

Peer groups are more effective than mentors because they provide tactical transparency and a safe space to discuss the psychological burdens of leadership with those currently in the same journey.

2

The most critical trait for an entrepreneur is courage and the guts to make decisions, which often matters more than pure intelligence or charisma when navigating business growth.

3

Recruiting world-class operators is a long-game effort; Sam spent over two years building a relationship with his current CEO before the timing was right for them to work together.

Business Ideas Mentioned

Modernized Help A Reporter Out Platform

SaaS

Vetted Niche Business Vendor Directories

Marketplace

Subscription Based Vetted Writers List

Creator Tools

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Quick Stats

Duration1:08:54
Guests0
Ideas Discussed3
Topics0