Shaan Interviewed Tim Ferriss: Money Advice, His NFT Project, A…
About This Episode
Shaan Puri recounts his recent interview with Tim Ferriss, detailing Ferriss's insights on long-term investing, his creative process, and his new NFT project. The hosts also discuss a billion-dollar real estate model focused on e-commerce-resistant retail and brainstorm the massive untapped potential for business services in the OnlyFans ecosystem.
Episode Description
Show Notes
- 05:05- Isaac French
- 09:50- What Shaan learned from Tim Ferriss
- 17:35- Tim Ferriss money advice
- 37:05- Real estate insights
- 51:05- Only Fans
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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.
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- 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
- * Homestead Heritage
- * Tim Ferriss
- * Milk Road / Tim Ferriss interview
- * Cockpunch
- * Bhad Bhabie
- * 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.
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Key Takeaways
Adopt a 'sell only on information' rule: Only exit an investment when your initial hypothesis is proven wrong by new data, rather than reacting to price volatility or market fear.
Prioritize 'energy over endurance': Great work requires long-term endurance, which is only possible if you spend the majority of your time on tasks that give you energy rather than draining it.
Identify 'anti-trend' retail: Focus real estate or business efforts on categories that Amazon cannot easily kill, such as 'treasure hunt' experiences (HomeGoods), high-inventory DIY stores, and community-centric shopping hubs.
Business Ideas Mentioned
SaaS Suite for OnlyFans Creators
SaaS
OnlyFans Talent Management Agency
Agency
OnlyFans Analytics and Discovery Platform
Marketplace