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#298December 30, 20211:49:48

The 2021 Milly Awards

About This Episode

In the 2021 Milly Awards, hosts Sam Parr and Shaan Puri are joined by Andrew Wilkinson to review the year's standout businesses, billionaires, and personal investments. The trio discusses successful 'unsexy' businesses like parking lot striping and shares intimate life lessons on relationships, personal habits, and lifestyle design.

Episode Description

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Andrew Wilkinson (@awilkinson) to go through their 2021 Milly Awards. They hand out awards like "billionaire of the year," "best investment of the year," "best podcast guest," and more.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want more insights like MFM? Check out Shaan's newsletter. _____

Show Notes

  • 03:00- Billionaire of the year
  • 15:00- Company of the year
  • 23:00- Unsexy simple business of the year
  • 29:40- Best investment
  • 41:30- Worst investment
  • 51:15- Favorite digital tool, favorite physical tool, under $100 and over $1,000
  • 1:02:25- Best thing you learned about yourself and best relationship hack
  • 1:17:00- Book of the year and best new follow or subscription
  • 1:21:00- Shaan's story of meeting Rupert Murdoch
  • 1:28:00- Best podcast guest and best hang
  • 1:39:15- Favorite company, industry, and predictions
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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

Key Takeaways

1

The 'bet on yourself' compensation model, as demonstrated by Elon Musk's Tesla plan, aligns massive personal upside with specific, high-stakes company performance milestones.

2

Ultra-simple, high-margin businesses like parking lot striping or renting fake private jet interiors for influencer photo shoots can outperform complex tech startups in terms of profitability.

3

One-person internet businesses can scale to millions in revenue while maintaining a 'dream' lifestyle that avoids the stress of managing large teams and overhead.

Business Ideas Mentioned

Private Jet Interior Photo Studio

Boring Business

Marriage and Relationship Operating System

SaaS

Professional Big Ticket Item Negotiation

Agency

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Guest Graveyard Mentions

AH

Andrew Huberman

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Quick Stats

Duration1:49:48
Guests1
Ideas Discussed3
Topics4