In short
My First Million Podcast - Episode 539 Summary
Podcast Title: My First Million Episode Title: Everything I Learned From 48 Hours With MrBeast (The +$1B Mindset) Hosts: Sam Parr and Shaan Puri Episode Description: In this episode, Sam and Shaan reflect on their experiences from spending a weekend with ten billionaires including MrBeast, Andrew Wilkinson, and Joe Gebbia. They share insights on mindset, business strategies, and the importance of building relationships.
Key Takeaways
- Evil Genius Affiliate Play
- Discussion of a clever marketing tactic involving 23andMe for sperm donation.
- Highlighted the potential for affiliate revenue through viral social media posts.
- MrBeast's Evolution
- MrBeast, a.k.a. Jimmy, is recognized as an outlier among billionaires for his unique mindset, ambition, and work ethic.
- Growth metrics:
- Lost 30 pounds and improved physical health.
- Doubled his YouTube channel's subscriber count and increased revenue from his chocolate brand, Feastables.
- Mindset & Culture
- Jimmy's focus on creating a unique company culture:
- "Cloning" his working style by having team members shadow him closely to understand his vision.
- Hiring people who are equally passionate and committed to his mission.
- Focus on Opportunities
- Discussion on how successful individuals like MrBeast strategically say "no" to opportunities that do not align with their primary goals.
- Importance of maintaining focus to achieve high levels of success.
- Billion-Dollar Companies
- Breakdown of successful ventures like Prime, a beverage brand co-founded by Logan Paul and KSI, which achieved over $1 billion in sales within its first year.
- Insights into how the founders leveraged their backgrounds in sneaker flipping to build a successful brand.
- Tiny Talks Highlights
- Attendees presented brief talks on their fields of expertise, sharing valuable insights that ranged from VC strategies to personal anecdotes.
- Topics included:
- The importance of "unfair advantages" in business.
- Strategies for identifying lucrative business opportunities during times of distress.
Personal Reflections from Hosts
- Shaan's Learning: The influence of top-tier entrepreneurs' mindset has inspired Shaan to refine his focus in content creation to build a brand around entrepreneurship.
- Sam's Experience: Discusses the challenges and rewards of hosting high-profile events and how they foster networking and learning opportunities.
Lowlights
- The difficulty of selecting attendees for exclusive events, resulting in a sense of FOMO for those not invited.
- Balancing the social aspects of hosting with personal comfort levels, revealing an introverted nature in a high-energy environment.
Conclusion
- The episode encapsulates the transformative power of surrounding oneself with successful individuals and the resulting insights that can propel personal and professional growth. The recurring themes are intense focus, learning from mistakes, and the importance of strategic networking.
Related Links
- [MrBeast on YouTube](http://tinyurl.com/bdfp7waz)
- [Feastables](https://feastables.com/)
- [Prime Energy Drink](https://drinkprime.com/)
- [Alani Nu](https://www.alaninu.com/)
Notes on Future Directions
- Sam and Shaan plan to continue exploring these themes and invite listeners to share their thoughts on the complexities of entrepreneurship and networking.
This summary provides a detailed insight into the podcast episode, highlighting key concepts and reflections shared by the hosts while emphasizing the mindset and practices of successful entrepreneurs like MrBeast.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Amongst this group of very successful people, it was very clear that Jimmy is an outlier. He's an outlier because of his mindset, because of his ambition, because of his level of obsession, because of his work ethic, because of his absolute disregard for social norms. So let me just tell you some things that stood out.
0:25What's up, Sam? I'm back. I'm back from Camp MFM. You know, is it even called Camp MFM? If only one of us went. I don't know. We have to debate that. But I'm back. I have so much good stuff to share. I have... It's a crazy event. Honestly, it's kind of a batshit crazy event. I'll give it batshit crazy. It is so interesting what happened here. I have so many notes I'm going to share with you. But first, I saw something completely unrelated that I got to tell you about. By the way, before we even get to all of that, we have to explain that you hosted this big event. Now you're going to tell me some amazing thing that you just saw.
1:03we do all of this for free and all we are asking for our dear viewer here if you're on YouTube hit that subscribe button for us that's all we ask for and people say that all the time but you want to know Sean what I want to make sure that our listeners our viewers know it takes them literally a second but it means so much to us and actually changes our lives if everyone does it so hopefully people will see the dedication that we have in this content and pay us back by just giving us a subscribe so that's all I want to say change a life just change a life today with one simple tap. All right, so before I tell you all about Camp FM, I got to tell you about this amazing evil genius affiliate marketing play that I saw somebody share on Twitter.
1:45So I don't know if you saw this. It involves 23andMe. So, okay, so basically this guy points this out. He goes, check this out. This is the most evil genius thing I've ever seen. And he points out this tweet that a user, her name is Stella, posted. And she says, hey, my friend Elizabeth is looking for an unvaxxed sperm donor. Sam, you're halfway there. She said, I'm looking for somebody who's blue-eyed, white, five - Wait, which half? Like, I'm vaccinated, but now you need to convince me to get my sperm? Exactly. You're half eligible. All right, so blue-eyed, white, 5 '11 or taller, blah, blah, blah.
2:26So it has this set of requirements. Bingo. Yeah, bingo. But then, there's some things in here that are like a little bit interesting. It makes you raise one eyebrow. So the first one, she says, follows a healthy meat-focused diet. Specific, but okay. Second, no Jewish or African ancestry. Slightly racist, but okay. Then it says, must be natural insemination. She will not do IVF. DM me. Okay, so she doesn't want to do the normal sperm donation process. She wants natural insemination. So a 5 '10 white guy who's unvaxxed. So basically anyone who lives in Missouri, she wants to have sex with. Yeah.
3:06Got it. So you see that first thing. Then she tweets again, says, hey, that last tweet got so much inbound. I just want to add some detail. So she retweets it again, reiterates the criteria, but then she adds some photos of the girl too. She says, as you can see, she is beautiful, pure-blooded European. Okay, code word. intelligent, has a child-bearing body, which I've always dreamed of having myself. And you're offering what we're going to do as well. And they post a bunch of pictures of her, and it's like this kind of hot model-looking girl. So this guy points out, he's like, this tweet got like almost 3 million views.
3:48And if you do it, if you DM the person, then they send you a link and they're like, hey, cool, you're interested, awesome. You know, she would love to have, you know, naturally conceived with you, random 5 '11 white guy who's unvaxxed. You just got to make sure you have the, you satisfy all the criteria. Take this 23andMe and submit your results and then that'll say that you're eligible. But it's like an affiliate code for 23andMe. It's this girl's so probably, I say this girl, there's probably no girl. What actually is this fat guy in his basement is tricking tons of guys who are like, maybe I'll impregnate this hot European model.
4:31I just got to take this 23andMe. And basically, even if you get paid, the normal 23andMe referral bonus is 20 bucks per person who does it. So if you just do the math on this funnel, 3 million people see this tweet. Let's say that one-tenth of 1 % are going to actually go do this. That's 3 ,000 people that went and did this. at minimum. That's 60K in revenue off this tweet. Affiliate revenue. Isn't this crazy? That next week, 23 of me is sitting down. They're in their marketing meeting and they're like, let's look at the data and see who our target demographic is. Wow. Apparently this marketing company just told us they did some research.
5:17Our new users love jorts. Should we have a bunch of white guys named Todd, who wear jean shorts in our commercials. Is that our new target demographic? Everything's skewed now, where they're just all this one type of person. Totally. They're like, oh, I guess Twitter's our best channel, and Stella appears to be our best retailer. Who's Stella? Should we be advertising on Twitch? Is this evil, or is it evil genius? Because it's a fine line between evil and evil genius. I think it's evil genius. So, let's go on to the next part. Camp MFM. All right, so let's start with the following. Was it good?
5:56Was it great? Was it life-changing? I'm going to go with life-changing. I'm going to go with life-changing. That's how it was. Everyone I spoke with who went, it ranged between the worst was great. The highest was life-changing. So you had a good, that's a good high MPS. So let me just explain what we did. So we basically took 20 people to Greenville, North Carolina, which is middle of nowhere. We basically stayed at Mr. Beast's house there. So last year, we did this thing once, and we realized, oh, this is really cool. If we bring a bunch of interesting people that we know in the business world, and then a few entertainers and some people that Mr.
6:37Beast knows in his world, this can become a very interesting event. We did it again this year. We had 20 people. And I got some highlights. I got some lowlights. But where do you want to start? How should I do this? What I actually wanted to ask you about was the evolution of Jimmy, a.k.a. Mr. Beast, because my perception of him last year. So I went and hung out. I went to the one last year. I couldn't go this year. But last year, how old is he? Was he 24 last year? Yeah, he's 25 now. Yeah. Okay, so he's super young. And so here's my perception of him when I met him last year. He clearly had this factor of like, I hadn't met anyone like him.
7:14But when we talk about like a Steve Jobs or an Elon Musk, these conquerors, like he had that it factor. It was very clear that this guy was crazy focused and he was insane in mostly all the right ways. but he still had some aspects of a normal 24 year old. He felt a little impatient about certain things. He felt like he was still trying to like, he had, he had great conversations, but then there's other times where it's like, oh, you're just a normal 24 year old where you maybe are, are you said something rude or something like that. And then this year I heard from someone who went from the year before they go, dude, Jimmy has evolved so much.
7:54He's still only 25, but which is insane he's only 25 but he now has like is morphing into this proper visionary where i believe that he's going to take over the world was that true a lot of that is true you could definitely see the evolution which is kind of crazy so he um so for people who don't know jimmy is basically one of the most famous people on planet earth it's kind of like bizarre when you look at the numbers. He is the biggest creator on the biggest app in the world. He's the number one most followed creator on YouTube. He's almost the number one channel on YouTube. There's only one channel that's bigger, which is this Indian music channel.
8:39He's the fastest growing. He's the biggest. He's the biggest on YouTube. He's the biggest on TikTok. So the two biggest entertainment apps in the world, YouTube and TikTok, he's basically the number one creator on both. Where did the stats, like one out of five, what was it? Was it maybe like one out of ten people on earth see his videos once a month? Or something like some stupid stat like that? Dude, you can look at this a hundred ways and it's insane. It's like more people watch his content than watch the Super Bowl every month. It's like, okay, well, what are we doing here? What is this? What does this even mean?
9:10I think like his average video gets 80 million views. It's hard to even like fathom that. And then you go outside with him and, you know, wherever you are, it's like a Michael Jackson level of fame. Was it really? I mean, we didn't go anywhere last year, but you guys went out in the public. We basically didn't go anywhere this year, but you can still see it. It still happens. So kind of insane. So that's the first thing. It's just hard to even wrap your head around that level of fame and success at this age. He's running a billion dollar company, so his company is worth well over a billion dollars, which is the combination of his channel.
9:44Is he running it? Yeah, it's him. The whole ship is him, right? But does he have a CEO, or is he also the CEO? He has a CEO, but like the CEO reports to him. He's the owner. Right. So like the owner is number one. Okay. So he's got basically what changed from last year. Let's start with that. First, the guy lost 30 pounds. So after last year's camp, he watched the video of himself playing basketball. He was like, oh my God, I'm so slow and out of shape. F this. And you could see that like, you know, the type of person who can become the number one creator on YouTube, you know, by obsessing and focusing for 10 years, guess what that guy can transform his body in a year or two right so he's like on an extreme like bodybuilder workout uh program he's got like his bodybuilder meals he's got his trainer who follows him around and they built a gym right outside of his studio that we went and hung out in it's like this is where he works out he's big he's like i only have three goals this year grow the channel get big and sell chocolate those are the three things he's doing and like that's another interesting thing last year when we talked to him i don't know you didn't go to his studio last year but we did and um he had like 10 things he was doing it was like oh i want to you know do this mobile gaming thing and then i'm doing this over here i'm doing this this and uh because why not he could do any of those things right like you and me find it hard to say no to opportunities he has texted ben 100 times more ben was so every night me and ben ben so ben levy he is my business partner.
11:16He helped organize the whole event. But during the event, we're basically not talking because we're just working different parts of the room. And me and Ben talk 24-7 anyway, so we don't need to talk at this event. But at the end of the night, he would text me like, yo, all right, brain dump. We would just text random words. We don't even explain them to each other. It's like, we'll talk about this later. Here's some takeaways. Here's some insights. Here's some learnings. Here's some ways we could help somebody in this room, whatever. And one of the things I texted him, I go, it's embarrassing, man.
11:40Jimmy has literally at least 1 ,000 times more opportunities than us. This podcast creates a a lot of opportunities and, you know, where we are in the tech world, create some opportunities. But he literally has at least a thousand X more opportunities. And he does less. He says yes to less stuff than we did. We have. Like we're doing four things he's doing too. And like, that's insane. Like that's, that just shows like how poorly we are, are, are, are staying focused and committed to what actually matters and being smart about saying yes and no to things. I said, if this guy could say no to literally a thousand or maybe 10 ,000 better opportunities than what we're saying no to, that's something to learn from.
12:20So, okay, what changed? He lost a bunch of weight. His channel has basically doubled in the last year that we've talked to him. He's added, I don't know, 100 million more subscribers. His chocolate business has taken off. So I really underestimated this chocolate business, Feastables, when I had a chance to invest in this thing at the earlier rounds. And I was like, chocolate company like that's I don't know why why chocolate like I get it your audience is young but like chocolate's kind of like low priced it's like you know yeah I mean how often do people how often do people rebuy this thing like shouldn't he be building like you know a mobile game or something like that that's kind of what I was thinking and last year when we were with him I think the results were like it's okay or it's it might it might be okay like it was kind of like number three he was like oh I got Beast Burger it's a Burger Chain, virtual restaurant, that's doing, I think it was doing like 100 million gross or something at the time.
13:18They just shut that down. And then, or he like doesn't work on that anymore. They had like a couple of things in the pipe. They had this like translation service thing for like YouTubers, whatever. They had all this stuff. Chocolate was like number three, maybe last year. And now it's like every day I wake up and think, how do I sell more chocolate, right? It's like that level of like hyper obsession and, you know, going to do hundreds of millions in chocolate sales this year. with a clear path to how this could become... Basically, there's five chocolate companies that matter. They're valued in the billions up to$30 billion.
13:53We are eating share like crazy. These guys can't touch us when it comes to marketing. And so we are just blowing through the retail doors, basically. It's like, yeah, get into Walmart. Walmart is the main thing. And guess what? I can drive more people to Walmart than these guys can. And so he has just really blown that business up, which is pretty impressive. Now it's pretty obvious that that's going to be a billion-dollar-plus business. I would bet that he's going to sell that chocolate brand for$6 billion. That's my guess. I think if we fast-forward the news three years from now, Mr. Beast sells the majority stake in the chocolate business at a$6 billion valuation.
14:36That's insane. And what about his mindset? So you said he focused more. What else changed? Well, so Joe Rogan has this thing he says about David Goggins where he goes, he's uncommon amongst uncommon men. So this room was really interesting because, I don't know, the average network, even take out Joe who's worth$7 to$10 billion or something. When we were doing the intros, I was like, between me and Joe, we're worth almost$10 billion. It's just all Joe. So basically, even if you take him out of it, this is a room of very, very successful people. Average was probably like, I don't know,$100 million net worth or something like that.
15:21Amongst this group of very successful people, it was very clear that Jimmy is an outlier. He's an outlier because of his mindset, because of his ambition, because of his level of obsession, because of his work ethic, because of his absolute disregard for social norms. So let me just tell you some things that stood out. so basically he's he was very humble he was like you know he's like i he's like i've made every mistake you can make trying to run this business he's like i've hired and fired like six ceos i thought we hired the disney guy surely he'll know things no he doesn't know shit about youtube that's not gonna work uh we hire this person over here and then they build the whole thing out and i realized oh my god they built this round we gotta get rid of all that he's like so i've made all these mistakes he's like so i want to learn from you guys because i've i'm only 25 i've only been doing this for a couple years now you guys might have been doing this for 20 more years than me right like there's people in the room were 50 years old right so it's like it's a different um different like level of experience he's like he's like i'm just making things up i'm sitting here in north carolina just making things up i don't even have access to people like you on most days to even ask questions so he'd be like i'll tell you some examples so he's like uh we were like so what worked for you how have you scaled this thing up he goes oh i just create clones and we're like what he's like yeah i just wanted to clone myself because i was like god I know I could do this, but I don't have the time.
16:37So I need to clone somebody. He's like, what do you mean? What do you do? He's like, so I literally have somebody essentially move in with me and I just duct tape them to my hip. He's like, you're going to follow me everywhere to everything. And for this first six months, all you're going to do is just shadow me and just learn exactly how I think and what I want and what I do and why I do it. And then in six months, you start getting your, you start doing those things. And he's like, I basically now cloned myself several times and now I have and then they clone themselves. He's like, that's what we do.
17:07And we're like, so you literally have the guy live with you? He's like, yeah. That would be better than if he didn't, right? And we're like, yeah. But like, what about his family and stuff? He's like, yeah, I mean, I just do you want to do this or not? And so like one of the guys one of the guys who's like his right hand man now, last year when we went, he was a guy just like you know, he does his challenge like live in this circle for a hundred days and you get like half a million dollars. This was the guy living in the circle. He was just like a random contestant, but he had a background in video production and he had some experience.
17:41And so they actually recruited him after that experiment to work with him. And now he's like his right-hand man that does everything with him. He was with him 24 seven. I was like, dude, you got like kids. This is like a Saturday. Are you supposed to be working? He's like, yeah, I work every day. I work all day, every day. And he's like, I made a deal with my family. I was like, look, look, I'm coming out here. It's a once-in-a-lifetime experience. You're not going to see me for the next nine months. Hopefully, after nine months, I will have set up a system where I'll be back home a little bit more.
18:09But this is an adventure and I want to go on it. This is the pinnacle of my career. It's a once-in-a-lifetime opportunity to work with this guy on this type of stuff. So I'm going to go all in. And this all-in mentality was just so pervasive. I'll give you another simple example. The guy who's currently his assistant, we were like, how'd you get the job as assistant? And he's like, oh, we're like, did you interview for this? How did he pick you? He's like, no, I had an interview. He's like, they really wanted to play this board game, but Amazon Prime was going to take two days. And so one of his guys hit me up because he knew I had the game.
18:45And he's like, fly here right now. And we want this game now. We want to play now. We don't want to wait two days for Amazon Prime. We want to play this game tonight. He's like, so I just got on a flight and I came and I handed them the board game. And they were like, cool. if you're willing to do that, you can make it here. Do you want a job? You're extreme enough. And he's like, he's described. So I was asking this guy, I was like, how do you filter for this? Because they were trying to pick up, like, how do we keep this culture as we scale of people who are just all in? And he's like, now when I interview people, we do like these psychographic tests to figure out your personality profile.
19:20But he's like, then I'm going to talk to you. He's like, I'm going to spend an hour convincing you how hard this is going to be and how much you're going to have to sacrifice to be here. And I can just see in that, do they flinch? Do they start asking me about vacation policies? Or do they get excited about going on this mission, like this mission to Mars and their version of the mission to Mars? I thought that was fascinating that he's basically breeding this insane work culture. The team has leveled up so much. The quality of people he has around him from last year to this year has leveled up so much.
19:51And he just breaks all the social norms, like just being like, yeah he's like one guy he's like I talked to his main like one of his like main content guys is like editor thumbnail guy like this guy's job title is like master of thumbnails basically he just does thumbnails and I was like how did this work he's like well I had my own channel that was doing well how do you convince you to do this he's like well his channel was taken off he's like we were always talking about like strategies and ideas every day and like our little mastermind and we would just sit in discord all day and talk about what's working what's not studying the platform and he's like I just knew this guy's like hyper obsessed he's gonna make it and he offered me the he's like first I started helping him and he wasn't paying me or whatever I was just helping him out whenever I could he's like then he told me like hey I need uh you know I need a thumbnail for this like tonight he's like oh dude sorry I'm at a wedding and like by the way I don't work for you so you know it's not gonna work he's like so he wired me 10 grand and he's like uh he's like can you make this thumbnail please he's like so I told my girlfriend he's like I left the wedding and I made the thumbnail and I've never looked back since and since my role has grown and you know he's made it all worth my while to be here to shut down my own channel to go all in.
20:54And I just thought it was fascinating the level of disregard for convention. Partly because he doesn't know it and partly because he's like, well, we need this, so what's the best way? Theoretically, couldn't we just find a guy with the game and tell him to book a flight and he'll be here in a few hours? Cool. We're not limited by Amazon's shipping. 99 people out of 100 would not try to bypass test Amazon's fastest shipping as like the way to get something. I remember years ago, 10 plus years ago, my wife worked at Facebook and she was telling her father about working at Facebook. And I think my wife worked there starting when there was six or 9 ,000 people, I forget.
21:40And my father-in-law was like, why do you need 9 ,000 people to run a website? Like, why do you need 9 ,000 people for like a webpage? What do you what all those people do? And that's what I someone had said that Jimmy has Mr. Beast has hundreds of employees working for him. And at first, I was like, how do you need hundreds of employees? And then I had to read I had to rethink it. I'm like, Well, no, he's actually he's a movie studio. It just instead of theaters, it's on it's on your phone or on your TV. I was like, this guy is he's just built like the new the new Paramount or whatever the studios are the Warner Brothers.
22:16And that's exactly what he's doing. And it's crazy fascinating because I did this a little bit with newsletters, but not with nearly that intensity, where it was like, let's just take a small thing or something people think is small and try to blow it up. And at the time, it was email. People thought it was just something you disregard. I'm like, no, we can get like 5 million subscribers and turn it into a business. And of course, it was only a fraction of what he did. But that's basically what he has done with YouTube, but with a much better result where he's like, what's this one small thing that people are dismissing?
22:47And he's built a whole studio around it. It's pretty amazing. And the other thing, if you talk to him, he's like, it's impossible to do what I'm doing better than me. He's like, because I'm going to spend 10 times more than anyone. I use every waking hour of my day to think about this. I hire all the best people in the world. I reinvest all of my profits back into this and I'm going to do this and I think in decades not years so how could you beat that and if you just abstract this away forget about the fact that he's doing that for YouTube channels there's something to be inspired by and learn from that if you are willing to work and think in decades not years work every hour every thought in your brain is consumed by how do I do this better you reinvest all your money and say, I will spend as much as I can to make the best product possible to get this into as many people's hands as possible.
23:44Can you lose? What is there to fear? How could you possibly lose with that equation? And I think that that is just a very fascinating mindset to see in practice. A lot of people could say that shit. Very few people can actually do it. And I know that he says he invests everything. And we had Reed on the pod and he had kind of insinuated that sometimes what they do is it's a mess because they move so fast. So we just miss some stuff, but that's okay. Do you think that Jimmy is cash poor then? Is he just like everything is tied up into his business? I don't know. I don't want to speculate too much on that.
24:15But I think the reality is he is a venture-backed startup. He raised venture capital and he is doing what an Airbnb did or what a Facebook did, which is like, I'm going to lose a ton of money now every year building up all of this market share so that then I can make back, you know, I could become a 10 billion or a hundred billion dollar company. That's literally what he's doing. He raised like 50 million plus and invest all of that into content to build this enormous following of being the most followed creator on TikTok and YouTube and hundreds of millions of fans. And then he used that to launch a chocolate business that's going to be worth billions of dollars.
24:58Plus his back catalog is worth a lot of money. plus his sponsorships and ad revenue will make a lot of money plus any other business he launches will make a lot of money, right? So he just did the... He is a movie production studio in terms of his operations, but he's more like a venture-backed startup than he is a creator. Can you talk... So when I hear about the way that he lives, I'm definitely inspired, but I'm only inspired because I'm not going to change the way I do things so much like him because that's just not my personality and I don't think that's what I enjoy is to be that all in of like, I'm more well-balanced, which means I'm going to be less successful and I'm okay with that.
25:37But there are... You had other guys there. So Joe Gebbia. I don't know what his intensity level is like. I've only spent three minutes with him and I've read about him. That's about it. But then you also had Syed. So Syed's 32. Syed has businesses. He was on our podcast. He's got businesses that no one will talk about because it's not really that popular. But I imagine he's in the realm of being a billionaire. And then you had Joe Gebbia, who is multi-billionaire, and his company is one of the biggest and best in the world. How did you learn different perspectives on how to crush it based off of being around those three examples, Jimmy, Syed, and Joe?
26:15Yeah, 100%. I'll give you a couple of quick observations. So one observation is, by the way, there was probably two or three more people that were billionaires at this event. So you get to see like a range of like, oh, how do people act? How do people think? How do people operate? And it's like, yeah, Saeed's like small team, simple business, unsexy, not going to be famous. Don't want to be famous. Don't want people knowing my name. I want to be able to walk around. He travels the world with his son, you know, for two weeks out of every month. That's what he wants in his lifestyle. You talk to Mr.
26:49Beast about kids and he's like, it's a shame people have kids, man. They go soft. Right. He's just like, he's like, damn. I mean, he literally like, I don't, I won't put words in his mouth, but the general feeling is like, it sucks that people start off really ambitious trying to do big, cool, awesome shit. And then like, just get tired or they either get tired or worn out or disillusioned or they just shift their focus to family. And like, he's just like, that's not going to be me. And so you have totally different perspectives on these things and, you know, no judgment. There's many ways to win.
Read the full transcript
27:22Each person should choose the game they want to play. but I will share a couple of observations. Number one, this is probably just a good observation for me in general in life. The smartest and most successful people in that room were the quietest. They were the ones doing the most listening, the least bragging, the least kind of like, you know, word vomit of storytelling or trying to interject themselves. Oh, you did that? I did something similar too. Let me tell you about me, me, me, me. and it was the people who were the least successful and the least sharp in terms of had the most wisdom or intelligence on a topic that were talking the most.
28:05And I'm guilty of that. I'm in the talk the most camp. So I was like, damn, that's a real takeaway for me from this was watch how those people operate. You want to be them, you have to watch how they operate. And they definitely do that, sort of the ratio of two ears for every one mouth, right? Like double the amount of listening as talking, if not more. And that was just so obvious to me at this event. They had the least, and it was also the people who were actually the most successful had the least kind of like, I would say the whole group was pretty good about like not trying to brag or one-upsmanship, you know, or try to like assert themselves.
28:42But the people who were the most successful had that in the least quantity, which I thought was very, very interesting. The second thing I thought that was interesting thing was um uh just back into there was like always these the people who were very very successful in one area more often than not if i asked them about some random side quest hobby they were also like world class at that thing like we were talking about you know joe was super successful at rbb he's also like you know extremely fit not let's like kind of fit he's extremely fit Jimmy, Mr. Beast, the day after our event, he's like, what are you doing tomorrow?
29:21He's like, I'm flying in all of... He's like, I play this one board game that's super niche called Dune. There's no tournament for Dune, so I created it and I'm flying in the French champion, the British champion, the German champion, the best players in the world to come compete with me at this game. He's like, I did this last year and I won. He's like, these guys play 10 ,000 hours a year or whatever, 100 ,000 hours a year or something crazy. I don't have that time, but when I do play, I binge this thing. That's my way of unwinding is to become world class at this random niche strategy board game.
29:56And we've heard these stories about how Peter Thiel is also a Grandmaster Chess champion. Or Travis Kalanick was ranked number three in Wii Tennis. Wii Tennis globally, right? And it's like yeah, Jimmy literally won the competition against the other best champions in the world at this board game. And they were so bad, they were like, we got to run this back. He's like, great, let's run it back. Let's do it again this year. And he put up a 20 grand prize pool. There's no prize pool for this thing because it's such a niche game. And I thought that's also interesting, which is once you develop this laser beam that can come out of your eyes and you hone that laser beam on your main thing, if you ever shift your focus to something else, you're like Homelander and you can just burn a laser through whatever that next thing is because you have practiced the art of obsession, focus, excellence, breaking something down into its core parts and building it back up again.
30:47That was the other thing. I was like, dude, how do you describe yourself? Are you an entertainer? Are you like a chocolate guy now? Are you a businessman? Because you're in a room with business people. Are you a YouTuber? What do you call yourself? You know what he said? Take a guess what he said. I don't know, a business builder. He's like, I'm a data junkie. No way. He's like, yeah, I basically just studied the algorithm. I studied the platform and I figured out what's going to work. And I decided I'm going to study this more than anyone studies anything. And he's like, then I basically figured out what type of content is going to work.
31:20And then through my experimentation, I figured out what's going to work. When we put up a thumbnail for our YouTube channel, we put up one thumbnail. And sometimes we're like, you know what? I don't know if that's a good one. And then we're like, screw it. We'll A-B test. Our YouTube team is going to hear this. I'm going to be freaking out. I think they put up a lot more than that. No, no, they don't. they a b test there's a and b that's it you know what he does he'll put up like they will test like hundreds of thumbnails like rap in rapid succession during the when they first release a video they will cycle through hundreds of thumbnails programmatically to try to find the winning one during that and then they're also like well our loyal fans our hardcore viewers come first they're going to want to see jimmy's face but after that after you know basically the 24-hour period it's going to be more fans that are from the platform, just people browsing YouTube.
32:11They don't know Jimmy. They don't want to see his face. So let's just put this, you know, this bathtub full of snakes or whatever the challenge is. Let's make that the thumbnail. Jack told me about that. And I go, Jack, is he doing that because he's so big or is he so big because he did that? And he said the second one. He's so big because he did that. Yes. Yeah, yeah, yeah. I'm like, he's successful because of that. He doesn't do that now because he's successful. another random nerdy takeaway I had actually I'll just leave it as this last one so the random nerdy takeaway he is making the biggest he is attacking the biggest Tam on YouTube so like Tam is this idea of total addressable market and I could think of a viral idea maybe an idea that's kind of juicy but like his ideas are like you know an eight-year-old in the Philippines or a 25-year-old in the United States or a 40-year-old woman in the UK would all be interested in his video.
33:12Why? Because his video is a like, it's a video you don't even need words to explain. You could literally just with the thumbnail or like a hieroglyphic explain this. It's like, man trapped in room 100 days. All right, I'm interesting. What is that? Right. Or like, you know, um, you know, two people, uh, you know, first to leave the circle loses. It's like, okay, I get it. And a million dollars first to leave the circle loses, or he'll do a video. That's like, um, million dollars. If this, if this like, you know, FBI agent can catch me, right. It's just like very, very simple premises that appeal to a really, really broad amount of people.
33:54And I just, that was something I hadn't really appreciated before. I thought he was making kind of like viral clickbaity type of stuff. What I didn't factor in was he will only pick ideas that can literally appeal to like 1 billion people. And that's just different than what most people do on the platform. Most people don't like our channel, for example, the stuff we talk about, it's not meant to do that. It's meant to appeal to a narrow niche of people in a deep way. He plays a different game. Appeal to the entire world in a small way. What did you think of hanging out with guys like Jack Smith and Val?
34:27So we had Val, or I had, one day you weren't here, so I had Val on the pod. Val's a guy who has like four different companies with like three or two of them in the$100 million a year range. What did you think of hanging out with a guy like Val? He's cool, right? Everybody had interesting things to share. Can I tell you the lowlights? Because I don't want to just say all the good things. Can I tell you the bad things? Yeah. The worst thing was not getting to invite everyone. So we only invited 20 people this year. We invited less people than last year because last year was kind of a lot to manage.
34:54Like we had 30 people last year. This year we targeted 15. So we tried to cut it in half. It ended up being 20 at the end. But that was the worst part because, you know, it's really, really hard to say no to people or like not invite people who you're friends with. You just didn't want, you know, you're trying to create an event where there's new people there. And so therefore you just can't do it. That was shitty. Also, another thing, I hate hosting these things. I know it's good, meaning there's so much value in hosting this. People feel so... It's a lot of work. It's a lot of work. And it's...
35:27Honestly, I'm okay with work. It's just socially like... I feel drained. You know, sometimes you say this about the podcast. You're like, dude, I feel drained after these. And I'm like, dude, I could go all day. At the end of the night, every one of these, I'm like, I am so over socialed out. I am... I'm an introvert, actually. It turns out. You're performing as well. And I want everybody to have a good time. And it's like, dude, you can't control if people are having a good time. Yeah, you're working basically. And so it was socially, I felt so exhausted. Socially exhausted is the right word.
35:58Well, guys, when it comes to banking, the only time I feel truly happy is when I'm using Mercury. And that's today's sponsor for the show. That is the banking product I use for not one, not two, but actually eight of my businesses. I have eight Mercury accounts. I just went and counted. I use it for every one of my companies. It's an absolute no-brainer. over 200 ,000 other fast-growing, ambitious companies use Mercury. It's one place you can go where not only you can, of course, have your money there, but you can send invoices, you can pay bills, you can create reimbursements for your team. Pretty much all of your financial needs can be housed under Mercury.
36:30And the product is beautiful to use. And the reason why is because it's a product that was not made by finance people. It was made by a founder, Imad. He's been on this podcast before. And he used tons of products as a startup founder. And this is the one that he wished he had. And I actually reached out to them to become a sponsor for this show because I'm such a big fan of it. So if you need a banking product for your startup, use Mercury. You will not regret it. It's amazing. For more information, check out Mercury.com. Mercury is a financial technology company, not a bank. Check show notes for details.
37:00The last one, or a couple other ones. Basketball, kind of mediocre. It was pretty sloppy because the overlap of people who are super successful and interesting that also are good pickup basketball players? Surprisingly low. Also, people lie. We're like, yo, do you play? They're like, yeah, love to. They show up. I'm like, you don't play. Next year, do fighting. Do fight camp. So we agreed to do a fight camp. I talked to Michael Bisping before. Michael Bisping, UFC guy and YouTuber. He would be interesting because everyone would want to meet Jimmy or Joe Gebbia. Michael Bisping would be cool. I bet, I mean, you know, some UFC guys have listened to us and DM'd us.
37:43That would be fun. I want to, this is what I want to do. I want to take any of like the kind of the hobbies and then mix, basically integrate them. So, right. Rather than like work-life balance where it's like, there's the things I like to do and then there's work and then they're separate. They're always trading off time against each other. No, no, no. Integrate them. And so take something I love to do, which would be like, you know, like boxing or sparring in some way or basketball and integrate it with like, you know, a networking event basically. And you lost 10. You lost. So last year, last year was crazy because this is when I saw that Jimmy was insane.
38:15We are all just hanging out in this basketball court and he like didn't even make an ordeal of it. He was like, Hey Sean, if you can make this half court shot, I'll give you$10 ,000. And he didn't even say like, if you don't make it, I get this. Or you only have three shots to make it. Like there was no, I was like, what the fuck with Jimmy? Why would you make this bet? And he was just insane. And he did it and you did it in like number five or three or something. And he gave you 10 grand. And I heard this year, you lost$10 ,000 doing the same thing with someone. Another low light. I lost the half-court shot this year.
38:44I lost$10 ,000 to Joe. And it's one thing to lose$10 ,000. It's another thing to lose$10 ,000 to a multi-billionaire. Because I was like, oh, damn. It has a little extra kick to it. Yeah, you paid for 15 minutes fly time on his jet. Exactly. exactly and actually we because we lost the game we had to go and do the like ice plunge in the like freezing cold lake thing so that was also you know part of the penalty of losing the final championship game so that kind of sucked yeah so those are some of the lowlights someone who went mentioned to me they didn't say that you guys discussed this but I assumed because he kept bringing it up about Prime and so this is pretty mind-boggling.
39:36So the Mr. Beast stuff is mind-boggling that he has a chocolate company that makes hundreds of millions of dollars. I looked up Prime. So Prime was started by Logan Paul and KSI. Publicly, they said that the business in the second year of business did$1.2 billion in revenue. And I imagine that Prime must have come up in your conversations. And someone said that the two guys who founded it alongside Logan and KSI were like young kids, almost like they implied that they are nobodies, like they had no business in getting into this industry and it has just crushed it. And I guess my mind is like a billion dollars in sales.
40:11That's worth your prime. That's worth like a really high multiple because of how fast it's growing. That's worth billions of dollars. So you basically have created billions and billions of dollars in value off of a creator. It's mind boggling. Did you learn anything interesting about prime? Yeah. So I think some of that's accurate and some of it's not. So they did do over a billion dollars by 1.3, 1.5 billion. And what's kind of like its first full year, you know, it launched in 2022. So the 2023 numbers are the first full year of, you know, full calendar year of business. So that's bonkers, right?
40:44Obviously that's bonkers. What business does over a billion dollars in revenue in its first year? That's pretty crazy. They're not kids. So I think they're in their 20s, but they're not kids. They are also not like never done this before. Remember we talked about those like status signals of like the green flags of when you're young, right? Video game player, hacker of popular thing. Another one, you know, running your own Minecraft servers. That's another one. One other one is sneaker flipper. So these guys were sneaker flippers. That's how they kind of like, that was their road into business was selling, you know, sneakers.
41:19Then they created this kind of like, did a couple of things, but then they ended up creating something called Alani Nu, which I don't know if you heard about this, but it's like kind of this like posh drink that like it was started with this Instagram creator. She's not anywhere near the level of like a Logan Paul or whatever. But they started this thing. They've done partnerships with Kim Kardashian and others like they made Kim Aid, like the Kim Kardashian flavor thing. Alani knew they did before Prime. Like an energy drink and a pre-workout supplement, right? Yeah, but it's like for women and it's like high end.
41:50It's like the Equinox or whatever. Got it. And it's Alani knew does over $100 million of profit. per year. So that itself is a almost billion dollar revenue generating things. That itself is probably a multi-billion dollar company that they built before Prime per year. So these guys did that. They have this hold code called Congo Brands. They don't want people to know about them. You go to LinkedIn, great picture. You go to Congo Brands, not much story. If anybody asks who owns Prime, they say Logan Paul and KSI. In reality, these guys own 60 % of that company. Logan and KSI I own, you know, sort of like 30 to 40 % of that company.
42:29And so that brand, Prime, is going to be, my guess is that that ends up being like a$20 billion brand. It's crazy. That's insane. And, you know, that is going to make Logan Paul a multi-billionaire off of Prime. So, you know, Celsius, you know that energy drink? Yeah. Celsius just sold 8 % to Pepsi for$550 million. So Celsius is valued at 6 billion. Prime is bigger than Celsius. It's going to be bigger than Celsius or it already is bigger than Celsius. And so what an insane story. And that guy, Trey, Mr. Beast, Jimmy, he was like, I call him. He's like, I call that guy every day. He's like, that guy is so helpful to me with Feastables.
43:13He's like, I'm calling that guy all the time. He is so smart. He's like, he is so smart, so much smarter than everybody else in this space. It's insane. And he's like, I am just getting so much learning from that guy. And he's like, that's why I like to meet people that I can learn from because I've seen how much fat, you know, he's like, same thing for me. He's like, if I wanted to, if you took my channel away, I could rebuild right back to where I am in three years. He's like, that's how Trey is with CPG. And he's like, I'm just trying to find who that person is for all the different fields.
43:43He's like, I want to meet them. Yeah. What's crazy is if you Google Trey, like his name, like you barely get anything. There's no interviews. I've tried hard to find, you know, some of him on YouTube or an interview with him. Nothing. That's insane. Last question. All right. So you did this thing. You know what we call that? Lasagna. I know it. Tell them why we call this lasagna, Sam. What is it? You move in silence. Real jeans move in silence like lasagna. All right. So you did this thing. At worst, it was fun. At best, it was life-changing. If it is life-changing, how are you going to change?
44:21Laser focus, my friend. In fact, during the thing... You should have just listened to me four years ago. Should have listened to you then, but the thing is, you don't really have the same level of inspiration and motivation that Mr. Beast has. This is true, and I'm not nearly as successful as them. If I had a few zeros behind my bank account or my Instagram account, maybe you would have listened. But it just sucks you couldn't have listened then. It's laser-focused on content specifically. Because one realization, you've got to know who you are and you've got to know what you're into. too. For me, I think I'm probably like a B plus entrepreneur, but I think I could be A plus in the content game.
44:59I think it would be impossible really for me to be A plus as an entrepreneur. I don't think I'm, it's not where I'm naturally as talented. Plus, I don't enjoy it enough to go that hard, as hard as you would want to, to be at that top tier. But I do feel that way about making content. And so that's what I'm going to do. I'm going to try to build the largest content brand or audience around entrepreneurship. So around people who are into the same shit we're into. MFM has been awesome and it's kind of shown that that can be true, but it's never been something I'm laser focused on. And I also don't think podcast is the right vehicle to do that.
45:36So I'm going to do it off of podcasting because podcasting is not viral, which is like what you want is to be able to spread your gospel to as many people as possible. The problem with podcasting is podcasting is like bottom of funnel. It's like where people form a deep relationship. It's not where they meet you. Do you get envy? So like when I thought about, I've thought about that as well. I'm not into content creation as much as you are. So that's not gonna be the path for me. But I have used it as a miniature Logan Paul prime thing. Very miniature compared to them. Do you think that, so for entrepreneurship, that sort of means that you're going to be a B2B, like, you know, Sean, you're going to sell something that businesses might buy or something that like, we'll call it like the prosumer.
46:25So like, not like a drink, but maybe someone who buys something for their job. Do you think that there's as many opportunities in that space as there is creating a drink or a makeup kit or whatever other consumer rules? And also, I'm not even worried about that. Like, that will exist and it'll be what it'll be. It doesn't really matter. But yeah, it does. Like, you know, I don't think Tim Ferriss, when he started, you know, for our work week or even his podcast would have been like, yeah, and then what I'm going to do is invest in Uber and make a hundred million dollars. Like, that's what happened.
47:01But it's not what you would have predicted. But of course, how does he get into that deal? Because he's Tim Ferriss, because that's who people want to rope into things. And so, you know, getting into Shopify and Uber early on is how he made all the money. you couldn't really connect those dots at the beginning. It's only something that later after the fact you can see how that all connected together. And are you prepared to be a 38-year-old YouTuber hanging out with a bunch of 22-year-olds all the time while you're wearing hoodies? I didn't say I was going to do YouTube. I didn't say I was going to do YouTube.
47:35My good friend Noah Kagan, he runs a really successful business that's worth hundreds of millions of dollars. So he's successful. But he has a YouTube channel. And I always make fun of him. I'm like, dude, you're a 42-year-old YouTuber, you fucking dork. You're hanging out with all 22-year-olds who are like yo-yo still. What are you? Grow up, Peter Pan. That's what I'll be making fun of you about. So you can go and do all those. Dude, you and I had to do a photo shoot recently because MFM, they wanted to upload the title or the picture. And in that photo shoot, we had to stand there and do like 10 emotions.
48:12They're like, all right. Thumbnail faces. Yeah, thumbnail faces. Act like someone just said something stupid and you think they're full of it. And inevitably, every picture is just this. You're shocked. And we had to do these things. First of all, I hated that. I hated that. It was horrible. Dude, there was one where you had your hand like this, like you're going to smack someone. Yeah, they were like, you're angry. And then I did a bitch slap hand thing. And I was like, is that good? I was like, what are you doing? Yeah. And then they had to like, I just had to hold up five four three so they can like use my hands for different numbers i hated that i hated doing that um so we're gonna be seeing that but i can't like that's just not my dna but that um that's gonna be you now it's hard for me to be a little bitch but i hope you enjoy it yeah no it was just like oh you know like you know a lot of the youtubers um and this is a good thing they're they're actors they're they're performers they're entertainers we sort of started this just like thing hanging out when we go to places and people are like oh my gosh i need your autograph oh i take a picture i'll be like this is sam and i'll introduce you to okay so don't worry well it was just great well you have a little bit more than acting dna but they they like you like performing a little bit but they um these guys are like hard they're they're youtube i mean youtubers are actors and so it's it's yeah but you keep saying youtube i didn't say i'm gonna do YouTube necessarily.
49:38I know you didn't say that, but I'm still going to make fun of you for doing that. Don't let reality get in the way of what I'm going to mock you for. Can I tell you? Okay. So one of the things we did at this camp, by the way, is I'm not going to tell you what was in it, but I'll tell you what we did. So last year I was too afraid to like structure it. Meaning last year I was like, yeah, we're just going to hang. It's going to be cool. It's going to be casual. It's going to be great. It's going to be awesome. Just hanging. No problem. Just super cool. Cause I was like, I don't want to be the second grade teacher.
50:04Be like, all right, everybody sit down you know give me your like your bunny ears and like let's dude in reality you need that you need we needed that and we needed that and and one of the best things last year was when somebody finally impromptu was like hey so do you guys want to do like some intros or like an icebreaker like who are you guys and what do you do can we learn something from each other so this year i arranged it where i was like all right we're gonna do these things called tiny talks that i was like at night we're gonna have people do kind of like a flash you know five to 10 minute talk on their thing.
50:33Because everybody in this room is world class at something. Otherwise, you wouldn't be in this room. So tell us what your world class at and how you do it so that we can kind of learn from it. So it was like, you know, Mr. Beast does his YouTube masterclass. He's like, here's my channel. Here's the analytics. He's like, you know, just logs in. He's screen sharing. He's like, so here's how we think about this. Here's what I did. Here's what worked. Here's what didn't work. Here's this trick we do on our thumbnails that makes this work better. I mean, you couldn't pay for this, right? So he did that.
50:59Joe Gebbia did one on his first startup before Airbnb and the lessons he learned there. Read the title and only give a one-sentence summary of the takeaway that you had. How I went from zero to 1.3 billion in real estate in 10 years. The one-sentence summary is this guy has an unfair advantage that lets him play the game differently and I should just give him my money to invest. That's what I'm doing. Okay. Like, yeah. Unfair advantages do exist. And when you have them, press, push your chips into the tape. Alright, next one. Why I bought 23 gas stations and was it a good idea? So last year at the camp, somebody shared about how they owned 10 gas stations or something.
51:44So one of the guys went and bought 23 gas stations after that. And funny story. And actually, it probably was a good idea for him because he had sold his business and he needed something that would give him a lot of depreciation in year one, a lot of bonus depreciation, and gas stations do do that. So in that sense, it was a smart move. But now, he holds all these assets that it's going to have to figure out if they were the right thing in the long term. I think there's a different thing. Another guy did a presentation on why venture capital mostly sucks and why people play the game totally wrong.
52:15And he is a VC. So I thought that was a great talk. At the end of it, he did this thing called the Mount Rushmore of Death that I thought was interesting. He's like, we were like, dude, how did you even think of investing in this one company that took off? It sold for like$3 billion. And he goes, well, he's like, I first was taking like a thousand meetings a year, like most VCs do. And they're just like, it's so inundated with data that they actually like lose the way to think. So then I stepped back and I was like, okay, I'm not going to do just like constant inbound meetings, just worried about missing the next big thing.
52:46instead I'm going to figure out where would the next big thing live and I'm going to go find it so he did this thing called the Mount Rushmore of death which is like these four things cause death more than anything else combined these make up 80 % of all the reasons for death Peter Atiyah calls these the four horsemen but this guy did Mount Rushmore and it's like heart disease diabetes, cancer and dementia like dementia, Alzheimer's neurocognitive degeneration and he's like so then I just went and looked for what's the best company in biotech that attacks one of those four in a way that I think is plausible to work and then he ended up finding a big winner in that space I thought that was kind of interesting another guy he goes my talks about the three D's of buying businesses death divorce and distressed he's like you know the best opportunities come if you can buy a business from somebody who died and the kids don't want to inherit the business from somebody who's going through a divorce and they have to sell their business or distressed.
53:46Somebody took on too much risk and you can basically go buy it for less than the intrinsic value of the business. And so one guy there, he had bought a business. He was looking at buying this business. He would have had to pay like$15,$20 million for it on top of the inventory that they had. And instead, he ended up owning... Now he owns the business for the cost of the inventory that they own. He's like, literally, I just paid for the inventory and I now own the whole business. And he's like, you know, that was one of my suppliers. So it cut my cogs in half. So it's just like these great, you know, what does a great deal look like?
54:20And you really start to learn what does a great deal look like? So those talks I thought were badass. All right, let's wrap up. And let me make one suggestion. Don't turn this into a business. This is perfect as it is. Don't fuck this up. Turn what into a business? Camp MFM. This is awesome. Of course not. This is perfect. Don't fuck this up. Number two, do it again. And number three, keep it at whatever size, 20. I would be bad at picking because I would want everyone to come. That is so stressful. But hopefully you don't ruin this because this is definitely a gem. When we made the list of people we would want to come, the list was 142.
54:57So you had to go from 142 to inviting 15. That was terrible. I don't regret my decision. I had to put family time in but I had immense amount of FOMO. After all of that, you didn't regret your decision? No, I don't regret it I don't regret it but I have massive FOMO. I wish I was in a position that it would have been that I could have made it but I had a huge amount of FOMOs because Ramon and Jack were giving me updates and Val and Ben and Nick and I would just text people like, how's it going? Is it fun? And they would send me pictures. So I sort of got like 1 % of, you know, ongoing updates.
55:39It sounded awesome. Everybody at the thing was just, they were just calling it Sean's bachelor party. They're like, I'm so happy to be at Sean's bachelor party. It was just hilarious because I didn't have a bachelor party, but if I did, this is exactly what I would have wanted to do. It's basically a group of guys who are all a lot of fun, tons of jokes, play basketball, play poker, talk business. That's like the ideal bachelor party. So I think maybe we should just rebrand it to that my annual bachelor party well no keep it camp fm so i by default always get an invite no dude you blew us off this year hey you know how it is you would have done the same thing um and if it's an awesome people were like where's sam and i was like oh you know he just had a baby they're like wasn't that like three months ago and i was like yeah and they're like it was then it was two and a half months ago it was two and a half months ago and i made the commitment that the first three i'm i'm at home um i gotta do what i gotta do laser focus on that baby i like it i appreciate that we you know i was i actually got i was getting um i was laying with her and i was like shirtless and she was just in her diaper and i was changing her diaper and she shit all over me somehow as i was getting a text from uh like ramon being like yeah dude now we're lifting weights and doing all this stuff i was like oh cool like uh let me wipe this poop off of me real quick because The poop just ran down my belly.
56:57Any tips how to get diarrhea out of a computer? Is there a tiny talk about that? She literally puked on my face this week because I was holding her up by shoulder and she threw up and I got puke all over my face and I was reading these texts and seeing Nick Buber do a DEXA scan and Joe Gabby had jumped in a lake and I'm like, oh, that's cool. He has a DEXA in his gym and we put Nick on it and then we played a game where everybody had to guess his body fat percentage and then I was like, yeah, this would get everybody canceled nowadays. This is like, you know, fat shaming. I'm pretty sure this is the definition of fat shaming, but he loved it.
57:33It was great. Yeah, that's baller. I definitely wish I could have been there. All right. That was a good episode. That was a good recap. All right. That's fun.
57:58Hey, let's take a quick break because there's a quote that I love I want to read you. It's that we shape our tools and thereafter they shape us. And as an entrepreneur, if you're using a bank that was built in the 90s, you're operating like you're in the 90s. And trust me, I've been there. Clunky portals, random holds on your money,$50 wire fees, and then being told, please visit your local branch. Well, that's why I switched to a different type of banking solution, Mercury. It turns your financial chores into a smooth workflow. You can do wires, invoices, cards, reimbursements, two clicks, and I'm done.
58:28If you're already using Mercury, respect. If you're still using one of the old big banks, I got questions for you. So go visit Mercury.com and give it a test drive. Mercury is a financial technology company, not a bank. Banking services are provided through Choice Financial Group, Column 8, and Evolve Bank & Trust members, FDIC.
From the publisher
Episode 539: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) recap the biggest takeaways from spending the weekend with 10 billionaires including MrBeast, Andrew Wilkinson, Joe Gebbia and more.
No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd
—
Show Notes:
(0:00) Intro
(1:30) An evil genius affiliate play
(6:30) MrBeast's glow up
(14:30) Being uncommon among uncommon people
(34:30) The lowlights
(38:00) Breaking down billion-dollar energy drinks
(48:30) Big takeaways from Tiny Talks
—
Links:
• The sperm donor tweet - http://tinyurl.com/5ervvtav
• MrBeast on YouTube - http://tinyurl.com/bdfp7waz
• Feastables - https://feastables.com/
• MrBeast’s Clone - http://tinyurl.com/3dj635ee
• Prime - https://drinkprime.com/
• Alani Nu - https://www.alaninu.com/
—
Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth
Check Out Shaan's Stuff:
• Try Shepherd Out - https://www.supportshepherd.com/
• Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant
• Power Writing Course - https://maven.com/generalist/writing
• Small Boy Newsletter - https://smallboy.co/
• Daily Newsletter - https://www.shaanpuri.com/
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.
—
Other 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
