The Annual Milly Awards: The Winners, The Losers And Everything…
About This Episode
Sam Parr, Shaan Puri, and guest Andrew Wilkinson host the annual 'Milly Awards' to review the biggest winners and losers of 2022. They share personal financial 'Ls,' discuss the massive impact of OpenAI, and deep dive into 'unsexy' businesses and investment strategies that build long-term wealth.
Episode Description
Show Notes
- 04:10- Billy of the Year
- 10:30- Biggest Loss of the Year
- 24:50- Breakout Company of the Year
- 32:00- Unsexy Business of the Year
- 42:15- Best Investment of the Year
- 49:40- Worst Investment of the Year
- 55:15- Content of the Year
- 01:01:25- Wild Predictions for Next Year
- 01:07:50- Coolest Moment of the Year
- 01:12:15- Craziest Most Delusional Person of the Year
- 01:22:40- Relationship Hack
- 01:36:50- Biggest Change in 2023
- 01:42:10- Best Business Idea for Someone Else
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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
- * Cultural Tour Twitter
- * Blitzed book
- * Founders podcast
- * The Operator book
- * Think On These Things book
- * Richer, Wiser, Happier book
- * 10k Diver Twitter
- * clay.earth
- * My Body Tutor
- * Kick
- * Gelt
- * 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
Focus on '$30,000 problems' rather than '$3 problems' by prioritizing high-impact financial decisions like interest rates and mortgage fees over small daily expenses.
Adopt the 'don't wrestle with pigs' philosophy by avoiding petty legal or personal disputes that drain mental energy, even if you are technically in the right.
The 'host the party' principle provides significantly more networking leverage and social capital than merely attending events, despite the higher upfront effort.
Business Ideas Mentioned
Wall-Embedded Hotel Toilet Paper Dispenser
Boring Business
Audience-Sourced Small Business Acquisition Fund
Acquisitions