My First Million - Q&A: Gut punches, favorite guests, plus advice for life

Episode Date: October 30, 2024

Episode 643: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) answer juicy questions from the audience.  — Show Notes:  (0:00) Where should I put my money? (9:35) Bes...t thing you've read lately? (15:28) Who’s on MFM’s Mt. Rushmore? (26:18) When was your biggest gut punch? (31:31) Who would you spend 24 hours with? (40:24) What’s your best advice for new dads? — Links: • Alex Karp article - https://www.nytimes.com/2024/08/17/style/alex-karp-palantir.html • Casa Bonita - https://www.casabonitadenver.com/ • Leave us a voicemail - https://www.mfmpod.com/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — 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 • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Transcript
Discussion (0)
Starting point is 00:00:00 All right, Sam, I was going through the mailbag. People email us questions, and there was one that I had to bring up. We got to start with this. So here's the email. I feel like I can rule the world. I know I could be what I want to. I put my all in it like no days off. On the road, let's travel, never look at that.
Starting point is 00:00:20 Last month I sold my ecom biz and recently a startup that I invested went public. I'm in my 30s. I own very little, house, cars, nothing. I have 53 million in cash sitting in my bank account, but I'm not sure what to do. If I do something, it needs to be big, I'm torn between a few options. Just put it in the SP 500 and move on, get into real estate, trying private equity, chasing a billion-dollar idea. I've hit three major wins in a row.
Starting point is 00:00:43 I exited my company, I invested a winning startup, and I got really lucky on a real estate deal. But I'm not entirely confident I can rebuild it from scratch if I lose at all. My life goals are pretty simple. Have five kids, a wife, and become a billionaire. I'm currently with someone I'm planning to marry. What are you got for me? Okay, so let's answer this question. And then there's some good other mailbag questions that we have here.
Starting point is 00:01:05 All right. So let me tell you what I told the guy. I basically said if you make $50 million at the age of 35, that basically becomes a billion eventually. But that's kind of irrelevant. But I think that's a dumb goal to become a billionaire or want to become a billionaire. I think you should do what you love after you have that much money. But if you want to become a billionaire, you will.
Starting point is 00:01:25 But what I told him was basically, I think he should put most of it actually into a high yield savings account or just like some type of short term treasury note or something like that and just sit for six to 12 months and do nothing except read and have conversations with interesting people. And that actually six to 12 months, that may take 36 months. That might actually take five or 10 years. But whatever you want to do, my opinion is you should plot and read and talk and only do something. if you're obsessed with it. And oftentimes, when you make a lot of money, you get bored. And because of that, you start kind of,
Starting point is 00:02:03 it's like, it's like falling in love with someone when you're like really horny. It's like, dude, you don't actually love that person. You know what I mean? Like,
Starting point is 00:02:09 don't actually do it. And so I think, but you have to be really intentional about what next project that you do and you don't give yourself a timeline, but you sit and you read and you wait for it to happen. So with the money,
Starting point is 00:02:19 I would do some type of high yield savings account for like six months. And then eventually I would do 80, S&P bonds. I would try to live off 3% of that money and then I would just plot and wait until that one thing I find. And then I would take a percentage of the money, like, for example, let's say that you're comfortable living off of a $1.5 million a year. You take how much you need in the S&P to live off that. And the rest, you are willing to allocate towards your big dream and new adventure. All right. I like the advice. Here's an analogy. Here's what I would tell
Starting point is 00:02:52 this person. Do we have a name for this person? They don't want their name out there. Let's call Derek. Derek. Chuck. Okay, Derek. All right. Chuck, here's the deal. Here's an analogy for you. You've got a beautiful big screen TV. Beautiful, 96 inches. It's an enormous, beautiful plasma, retina, whatever the display is. But it seems to me like behind the TV, you have what a lot of us have.
Starting point is 00:03:16 You got the cables all tangled up. And the reason I say this is because you asked one question that's actually five questions, probably in one. So let's separate out. Let's start to pull the tangles on these cables that are stuck behind the TV. One cable is, what do I do with this cash? Meaning, I've got cash sitting account. Should I just leave it there?
Starting point is 00:03:34 Or do I do something with this money? There's another one, which is, what do I do with my time? And those are two separate questions. Because when you get rich, the point of getting rich in a way is to separate the questions of what do I do with my money, what do I do with my time? Those are now separate questions for you. But before, when you have no money, they're the same. You work.
Starting point is 00:03:52 You put your time in. That's how you get the money out. Then you have a third question, which is, what are my actual goals? So he said, my goals are to have five kids, have a wife, and have a billion dollars. And have, have, have, I don't know very many happy people who got happy because they acquired things. They have things. They have caused. The kid thing might be different.
Starting point is 00:04:14 I think you could acquire a kid to be happy, actually. I don't think so. I think life is a lot more about figuring out what you love to do, where you feel most useful and who you want to become, more importantly, than the things. that you end up doing. So I think I would ask a question, which is, what are my actual goals? And I use the word actual as a loaded word word because usually we have these goals
Starting point is 00:04:39 that we just borrowed from others, either from our parents, from society, from the movies, from newspapers, these goals that are theirs, and we make them ours. It's a goal you had 10 years ago, but you're not the same person you were 10 years ago.
Starting point is 00:04:52 When I did this episode, Mike Posner, he's like, dude, I was in my 20s, all I wanted to do was get rich, get famous, be successful, be respected. He's like, and then I was in my 30s and I was doing things that would get me those things, but that's not what I wanted anymore. I was living the dreams of 21-year-old me rather than 31-year-old me
Starting point is 00:05:09 who actually had new dreams. And I needed to update that. I needed to update the sort of motivational thing on the poster. There's another great question, which is, he says something like, if I'm doing something, it's got to be huge. And anytime I hear that, there's usually like a chip on your shoulder you probably want to work on.
Starting point is 00:05:25 A great question here is, Are you being driven or are you being dragged? So it's like, what's the reason? Why do I feel the need to do that? Is it to prove something to other people? I talked to a guy who had dinner with a guy who's created a $50 billion plus company. He's doing a new one. I was like, why are you doing another company?
Starting point is 00:05:42 Like stressful, hard. You just have kids. Why are you doing this? He goes, I just want to prove, you know, I need to prove that like it wasn't just a fluke the first time. Really? And in my head, I'm laughing because I'm like, proof to who? You know, nobody doubts that you could do this.
Starting point is 00:05:55 Like, we all actually respected it. admire you. We think you're amazing. Who are you proving this to? Is it proven it to yourself? Why do you doubt it? You did it. Then doing it to prove something wrong or prove something right is sort of a silly way, a silly reason to do something. So anyways, my final advice would be I would do nothing financially. You know, like you said, just put in a savings account for a year. I would get a coach to help untangle some of these mental wires that are tangled up. I would get in shape because when you're in shape, all things start to look a little different. and I would spend a year with people that you really love, helping people and hanging out with them. So I would find people who need help.
Starting point is 00:06:29 I'd go help them. I'd find people who are free. I'd go hang out with them. And I would start to hang out with people who maybe have gone through this season of life. And I'd think of it like, oh, I had this season of achievement. And now I got a season of wandering, but I've got to figure out what I'm doing next. Call it that. So you don't feel uncomfortable when you're like, oh, man, I'm so unproductive now.
Starting point is 00:06:46 Call the season what it is and go hang out with people and make no decisions until, you know, the clarity will show up. The worst thing this person can do, well, one of the bad things this person could do is go and buy a bunch of stuff or get himself into situations that can't easily be untied. So, for example, I mostly followed my own advice when I kind of had an acquisition. I did one dumb thing, which is I bought some real estate that I was like going to turn into a business. And I did it like right away. And a few months in. to it. I'm like, I don't know what the hell I'm doing, and I don't like this. And it took, it took like a year to like unwind all of that. It consumed my brain and it really messed with me. And so I regret doing that. And I think a lot of people make the same mistakes. It's a very common mistake is to go and like acquire a whole bunch of stuff, which weighs you down. And it
Starting point is 00:07:41 ruins the whole seeking process. The only alternative version of that is when you go and you do something for your parents. So like, there's a great clip. We should play this clip of, you know, who's Stephen A. Smith is, the ESPN anchor, he talks about when he first got money, and he drives to his mom's where his mom worked. And he's like, I went into her office. And I said, mom, get up. Get your bag. We're leaving. And I told her boss, she ain't ever coming back. And he talks about how he retired his mom on the spot. And I was like, that's a cool thing to do. Pay off your parents, mortgage or dad or something like that. If you're going to do anything, do that. It's a sort of a philanthropy in your own economy first. That's, I think,
Starting point is 00:08:21 That's what I did, by the way. I flew my parents' first class to Europe, and it was awesome. It was awesome. And I have this video of them. My father stood up and, like, you know how old people hold their phone with two hands? And he, like, is holding his phone, like, doing a circle of, like, and I, like, taking a picture of, like, his seat. And I have a video of him doing that, and that brought me so much. I feel happy that I got that video.
Starting point is 00:08:47 That made me happy. Now, the way, I got a little hack on that. When we sold the Milk Road, my mom. mom was on vacation with all of her siblings. She has like eight or nine siblings. And so I got them all like a like, I was like, hey, have the hotel call and be like, you're, you know, your massages ready and call all of the rooms at once. And then they all went down and basically I got them all kind of like a day past at the spa in Vegas. And it wasn't even that expensive, probably a couple thousand dollars. But for my mom, it was like having a mortgage paid off in that she felt like, oh, my son treated me to
Starting point is 00:09:18 something, but also she felt so good. Yeah, I got to brag. My kid is so good. She felt good that it was good for everybody. It wasn't just good for her. And that, you know, doing something nice for her siblings made her feel so amazing. Yeah, and she could brag that. Her kid has this shit together and maybe the other ones don't. Someone asked us this question, and it's related to a topic that we're talking to. What's the number one thing that you've read or seen recently that's wowed you? I read this book called Replay. It's a novel. Do you ever read novels? Yeah. I'm like big into novels now. I thought like growing up, I was like tough guy. That's such a flex question. Do you read novels?
Starting point is 00:09:56 Dude, I didn't read any of them. Like I was scarred by like grade school or middle school of like having to read novels I don't like. And then I got into the business world and like, oh, we only read like Peter Thiel books. We don't read this nonsense. And then now I've fallen in love with them. So I love novels. I read this great book called Replay by Ken Grimwood. It's about this man who basically he dies at the age of 35 and he consistently relives his life over and over and over again. And it's like, he does everything that you would do if you could replay your life, which is like, what would you do? You would like get rich by buying stocks. You'd probably like try to get a ton of
Starting point is 00:10:30 girls, whatever. But he is able to talk to his parents again when they were alive. And I read that book recently right when I got to that part where he talks to his parents who had died. Now he's reliving his life again. He's able to see his parents. It made me very emotional. And I call my parents. I go, hey, November 4th, what are you doing? Cool, clear schedule. And so we're taking a big, lavish trip together. And so this book made a really big impact on me because it gave me this idea of like, in 30 or 40 years, however long it's going to be, my parents are no longer alive or whatever the situation is of like, you cannot do in 20 years what you can do today. Well, I have regretted, you know, not taking advantage of that period. And so I'm trying to, I hadn't made a list.
Starting point is 00:11:14 I'm like, here's all the things that in 20 years I'm going to regret. And I'm going to go and just get it done now. And so that book had a big impact on me. Oh, that's great. I'll give you a couple. Chris Williamson put a little screenshot essay up that I really liked. And he called it, I forgot how exactly what he called it, but he goes, type A people have type B problems. And type B people have type A problems.
Starting point is 00:11:38 And what is he describing? So type A is like the achiever, the obsessor, the kind of like high functioning 80s. or high functioning, high anxiety person, which is a lot of people who we know, probably a lot of people who listen to this podcast. It serves you really well. You get great grades or you'll be successful in your career because you're so like type A about it. But you suck at just relaxing, chilling, enjoying, slowing down, being grateful, being in the moment and not thinking constantly about planning for the future or assessing the past and just being there. And he goes, then there you have the type B person who we all characterize as like the guy.
Starting point is 00:12:14 who's just, they're just walking around, wandering through life, sniffing flowers. Like, dude, you're not getting ahead. Where's your savings account? What's your plan? How are you going to get ahead? You don't have all your ducks in a row. What you're missing out? And, you know, society basically, we reward the type A's who, even if you're high type A and
Starting point is 00:12:33 you suck at type B, it's like, okay. It feels like you could always catch up, even though in reality you can't. And the type B person, we sort of look down, they almost seem lazy in a way. it's like, why aren't you getting your act together? You know, what are you? Okay, you're prioritizing your happiness too much almost. You should be productive right now. And I thought it was so true that people fall into these buckets as a cliche, as an oversimplification.
Starting point is 00:12:59 And it really highlighted to me how undervalued type B people are. And I have a few type B people in my life where if you look at their resume or you look at their series of accomplishments or how they spend their day. and it just feels like, wow, you're behind. And then when you hang out with them, you're like, wow, you're ahead. You're the one who's got this thing figured out. And I think that one of the big mispriced assets is,
Starting point is 00:13:24 do you know how to chill? Dude, that's such a type of a thing of you to say. Did you just call it calmness a mispriced asset? I sure did. I sure did. You need to listen to your own advice, brother. Good call. You know, I call him.
Starting point is 00:13:43 Pludge people and hot tub people, right? Cold Pludge is like, you're trying to optimize everything. You're trying to shock your nervous system and get your adrenaline pumping in the morning. And hot tub people are trying to hang out, have a beer and, you know, kick it with friends and they're happier than the cold plunge people.
Starting point is 00:13:57 And I think one of the things to really do is to take pride in being able to do both well. Like instead of trying to be a higher, high achiever, you know, working on being able to shift gears and be able to have both gears and be able to do both well. When did you see this post?
Starting point is 00:14:13 Because a lot of times people ask us these questions. It's just the most recent thing. It's always the most recent thing. Yeah, this was last night. Wait, really? Yeah, yeah. That's the question. I said, one that you've read recently that wowed you recently last night.
Starting point is 00:14:28 Which is because I try, like, you do something interesting. So whenever you go to some conference or anything, you're always like, I took these notes on like lessons I learned. Yeah. And I suck at that. And so I was curious if this is something that you like saved from a year ago and you're still contemplating. Dude, I have a Slack channel called Golden Nuggets that is like, it's a conversation with me, myself, and Irene, dude, it is the longest conversation.
Starting point is 00:14:55 It is all just little tiny nuggets that I pick up from people. When Gary Tamm was on the podcast, for example, I go here and I write, he had this great line. He goes, at some point you realize it's all made up, but you get to make it up. I was like, man, that's just such a powerful, simple way of explaining a lot of life. It's all made up. These are all stories we tell ourselves. The rules are made up. But you get to make it up. You get to make up your story you tell yourself about yourself and about the world about how your life's going to go. I think Gary Tan was a top 10, maybe top five person we've ever talked to. Yeah. Well, that's a good question because one of these in here. Let me find it. Here we go. Jason from Detroit wants to know a similar thing. He says, fellas, I was looking at the numbers recently. You've hit 600 plus episodes, 100 plus guests. I have to have to. ask you, who is on the Mount Rushmore for MFM, the number one thing you learned from them. And P.S. I don't want to hear.
Starting point is 00:15:47 I love them all. I can't pick favorites. I need you to Dion Sanders hit. PPS. Did you know that Dion Sanders publicly ranks his kids? Check it out. And he linked us to a article where Dion Sanders is ranking his kids. Shiloh has moved up.
Starting point is 00:16:03 Dude, Dion Sanders Jr. is number one. Yeah. As he should be. That's insane. Poor Deandre Sanders. number five. Shador Sanders, who's the quarterback of his team, number four out of five, not doing so hot. What a weirdo.
Starting point is 00:16:21 Okay, well, I garretan's up there, but that's like a recent one, so I try actually to stay away. I'll go, let me tell you mine really quick. Dude, they're all brown dudes, I just realized. Darmesh, Monash, and Syed. I guess Syed's not Indian, but two out of the three are Indian, which is pretty funny. Darmesh is amazing to me.
Starting point is 00:16:40 proves that you can be aggressive while still being calm and nice. Darmesh is like shockingly aggressive towards life. Do you know that about him? Darmesh, he's the co-founder of HubSpot. Cut to the ad. We're back. Darmesh is a billionaire, maybe a multi-billioner. I don't know.
Starting point is 00:17:01 He started HubSpot, which is like a $30 billion company. And he's been on two to three times. I think he's coming on next week or in a few weeks. He's super aggressive about life, but he comes off like a really nice guy and calm and easygoing. And like he is. calm and easygoing, but he's very aggressive about life. And I love that. What do you mean aggressive about life? That's a phrase. Tell me what that means. So if you ask him about his background, he grew up poor in India, and he was like, I wanted to be the best because I wanted to prove that I was
Starting point is 00:17:32 capable of achieving. And I also didn't want to have nothing, which is what I originally had. So he's like, I wanted to be great at ping pong. And so I studied ping pong and I was the best at the school I went to. Or he was like, someone told me that when I moved to America, that apparently what these people do is they go play golf in order to meet clients and take care of clients. And he's like, I'm a 23-year-old guy who moved here from India. I don't know, even know what golf is. But then someone else said, well, if you can't do that, just buy everyone's dinner as much as possible. And so he has paid for 100% of the dinners that he's ever gone out to for everyone. Did I tell you that story? No. Dude, I go on dinner. He paid. Sure enough. I went out to
Starting point is 00:18:11 dinner with him and it was me, Nick Ray, Neville, and Darmesh. Darmesh walks to the bathroom at the end. Nick Ray goes, watch this. He runs and he pays for it. Darmesh sits down and Nick goes, my treat. Darmesh stands up. He goes, this is unacceptable. I'm sorry.
Starting point is 00:18:25 I can't, hold on. I'll tell you in a minute. And he runs to the back of the kitchen. He makes him refund Nick Ray's credit card and he gives his credit card. And he comes back here. Let me tell you a story. You know, when I came here from India, I didn't want to play golf. Someone told me to buy dinners.
Starting point is 00:18:39 So I committed at that age of 22 to 100% of the time pay for everyone's dinner. And I have done this. Maybe he's 55 now. He goes, I've done it for 25 plus years. And so by you paying for dinner, I will not allow you to break that. And I go, have you really done it? He goes, dude, I've done it so much that one time we went out to, I went out to eat with just like me and Brian of HubSpot.
Starting point is 00:19:01 And like, apparently there was a company there at a company outing who saw us and bought our dinner as like a thank you because we used HubSpot, whatever. And so Darmesh was like, I didn't have a lot that much money, but we were kind of new. But we paid their 15 next morning. He goes, dude, he goes, we paid their $15,000 dinner bill because I refuse to have that streak broken. And so Darmesh is very aggressive about life. He started, he wanted to teach his kid how to program. So they made a online video game that, you know, makes a million dollars a year or something
Starting point is 00:19:30 crazy. Like it's like hugely popular. He's very aggressive about life. But if you don't hang out with him, he's gentle. He's soft. He'll let you do all the talking. And so I would say Darmesh is one of my biggest inspirations.
Starting point is 00:19:41 What about yours? Classic gentle giant. Hard to pick. It's funny, though, my Mount Rushmore of guess has really nothing to do with their episode. And it's just what impression they left on me or what I took away from them
Starting point is 00:19:53 that may not have even been a remarkable episode. Maybe they didn't tell the best stories or have the best ideas right off the bat. So here's a couple of mine. Mine all fall into the bucket of people who are playing their own game. So I really, really admire probably more than anything else, somebody who takes the time to define how they want to play the game of life,
Starting point is 00:20:17 what their rules are, what their goals are, what their code is that they live by. And then, of course, succeed in doing it. And the result is that they are both happy and successful because, you know, one without the other is sort of the ultimate failure. Ryan Holiday comes to mind. I couldn't tell you one thing he said when he was on the podcast. Dude, Ryan's cool shit. Since then I followed Ryan,
Starting point is 00:20:36 I was like, man, I really appreciate this dude. He seems, he was, I think the only thing I remember on the podcast, I told him, I go, you are one of the, uh, I think called the like mentally well or something else. I was like, you seem like one of the most well-balanced, like grounded people that's ever come on this podcast. You just seem like genuinely happy and content. And it just comes through in his vibe. You know, for example, instead of getting money and being like, now, how do I, like,
Starting point is 00:21:02 the question we had earlier, how do I parlay this into a private equity thing, make more money off of it. He did the thing that he really wanted. He bought his own bookstore and made an awesome bookstore. And he's like, a bookstore is a terrible investment. But like, he bought a bookstore. At the top, he built his office. At the bottom, he's got a bookstore. Why? Because he absolutely loves books. He loves the vibe of a bookstore. So every day, he gets to bask in the glory, the vibe of his investment. Whereas I put something in the stock market, it's just a number on a screen somewhere. And there's these clips of every time he has somebody come on the podcast, they record upstairs. and on the way out, he just starts handing them books.
Starting point is 00:21:36 He's like, have you read this? They're like, no, he's like, oh my God, you got to read this. Here, let me earmark the page where you're going to love. This book, okay, this is their famous book, but actually this book is better. And he just leaves them. They walk out like it's a library and they got like six books. And I just love Ryan Holiday's approach. He did that with me.
Starting point is 00:21:53 And I think it was literally a thousand dollars of books. Right. Like it was like a year's worth of reading, but he's the man. I don't know too well, but he's got his ranch. He's got his family. He spends his days. doing what he loves, which is reading and writing and exploring ideas. He's tremendous, you know, everybody I know who's met him respects him. And it just seems like he's living life on his own terms.
Starting point is 00:22:13 He's not playing somebody else's game. Do you know how many books he's written, by the way? How many books he's published? I guess like seven or eight. Fifteen. Yeah, he's prolific. And he writes a daily email. I don't know how he's like this prolific. He's the man. And my buddy Billy works for him. And you can get a good sense of how somebody is when you talk to somebody who works under them. It has for years, and he's got nothing but good things to say. So anyways, Ryan Holiday's up there. Jesse Yitzler was kind of like that. I really admire the dude's variety. So doing, you know, from rapper to starting a jingle company and selling that, to starting a private jet share company and selling that to Warren Buffett, to creating a
Starting point is 00:22:50 coconut water brand, to creating now a Pickles brand, creating a running brand. But he just takes the things he loves. His business is him pushed out. He loves running. He creates the running club. He creates the Everest thing where you run up and down this mountain until you've ran as many miles as Everest. He just seems to have taken his passion. Instead of wearing his heart on a sleeve, he just like manifested it through the world of business. I think that's really cool. Creative dude seems like a lot of fun. And I like some of his other things, like having a Masogi for the year or how he, his little three Cs thing that I stole where he's like, yeah, every day I take 10 minutes. And it's a compliment, a congratulations or a, what's it called when you're like,
Starting point is 00:23:31 soul consolation for somebody when they've gone through something. Yeah. He just thinks of who in my life deserves one of those right now? Who deserves some congratulations, a compliment or being consoled? And he text that out. It's a very easy way to build amazing relationships in life. I'm doing his 20. It's called 29029.
Starting point is 00:23:50 It's the Everest. You're doing it? Yeah, I was invited to his partner, I became friends with. And he was like, pick which one you would to go? and so I got Sarah signed up for it and we have to pick the date. But yeah, it sounds awesome. Dude, it's really popular, by the way.
Starting point is 00:24:07 It's also really expensive and they're all always sold out. As it should be. The last one I had is Mike Posner on my little Mount Rushmore, which I don't think that episode's come out yet, but he said a couple of things that stood out to me. But the biggest one is just an operating philosophy for any creator. You know, his first song was a hit, whatever, five times, five X platinum.
Starting point is 00:24:28 his second song was a little disappointing, only three times platinum. His third song, only one X platinum. It felt like total failures. And every time he went to the studio trying to make a hit, he goes,
Starting point is 00:24:39 I only succeeded in making something that I hated and nobody else loved. When I went in trying to make a hit that everybody would love, all I made was something that everybody else hated, or something that I hated. And also, because I hated it,
Starting point is 00:24:50 everybody else hated it too. And he goes, now my philosophy is very simple. I just do what's cool to me. And every once in a while, the whole world agrees. And I just thought that is a wonderful banner cry for a creator, an artist, is to say, I just make what's cool to me.
Starting point is 00:25:06 And sometimes the whole world agrees. Yeah, he, that documentary he has where he walks across the country, or it's like a music video actually. Is it a music video? It's like a 10-minute video. So good. He's very inspiring. Yeah, you watch the music video for Move On.
Starting point is 00:25:21 Is that, what is that the, it feels like a documentary because like there's so much talking in it, or a 10-minute one. That's a pretty badass. All right, which one should we do? Let's go to this one. Isaac from Maryland says, I just started training boxing. Thanks for the inspiration. And I took my first liver shot. Wow, son of a gun.
Starting point is 00:25:39 It feels like somebody hit the off button on my body. And I thought about it later and I started thinking, what's the equivalent of a liver shot in business? We all know that a punch to the jaw is the thing that's supposed to knock you out, but sometimes it's the sneaky liver shot that gets you. I told my wife about this idea and she says, that sounds like something stupid that you have friends on that stupid podcast would talk about. So, let's have it, boys.
Starting point is 00:25:59 What's the liver shot of business? Tell me if you felt this before. You're having a problem in your company and you think, I have found this one person that's going to change everything. Everything's going to be better because I've hired this one person. I think, have I ever had a situation?
Starting point is 00:26:16 Okay, so maybe that could happen. I don't think I've ever had a situation where my expectations have been lived up to. And Wait, what did you just say you've never had a situation where your expectations you've been living up to?
Starting point is 00:26:29 When my, no, when my expectation is that this person is going to be the silver bullet. Oh, yeah, yeah. They're never lived up to.
Starting point is 00:26:38 And it's not their fault. They could be fantastic. But like, whenever I'll buy into someone so much and they'll do like one thing that like kind of is a bummer to me. And then I'm like, what else is there
Starting point is 00:26:52 that you're going to do? And then like, oh shit, this is homeopathic medicine? Yeah. There's nothing. You get, yeah, it's like, I have to try. It's so, yeah, I have felt that so many times that I've always made, I make that mistake consistently, where I buy into someone. You know, like, when you're, like, in high school and you're, like, seeing a girl, like, a girl, you got to crush on so much. And, like, she finally gives you the, like, the chance.
Starting point is 00:27:16 And you're like, life is perfect. I have crossed the threshold. And, like, it never ends. Yeah. Or like her ring toe is like bigger than like her big toe. You know what I mean? Like, I hate that for a rule.
Starting point is 00:27:32 I know it's out of their control and I think like 30% of the population has that thing where one toe's longer than the other. But it's disgusting to me. Have you seen shallow hell where like he, it's like this ugly dude dates like the 10 out of 10 model. But her toe is like that so he breaks up with her. No. Only on this podcast will you get a Warren Buffett quote and a shallow howl quote.
Starting point is 00:27:57 It's the same within five minutes. Do you know who makes an appearance in shallow howl is Tony Robbins? Tony Robbins. He's like the whole point in the movie. Like he convinces Jack Black to only see people's inner beauty. So now he only sees people. It's pretty funny. I love that movie.
Starting point is 00:28:11 I think it's a great movie. Getting my gut punch is like being let down by people, which is frankly, I'm 100% to blame for that. Right, right. Mine is actually just having a health issue, either you or someone really close to you when you're running a startup. Because the day before, everything felt level 10 important. And this was the most important thing in the world. We're on a mission. We're at war.
Starting point is 00:28:35 This is everything. And then as soon as you have a real health issue, there's that phrase, a man has a thousand problems until he has a health problem. Then he only has one problem. And it's so true. Like the liver punch in business is when you have a real. life scare and you're like, wow, I feel so stupid for having just spent, like, caring so much about these stupid KPIs and metrics and dialing the knobs and optimizing this funnel. It's like, dude, honestly, who gives a shit? So it is the one thing that really just shook me out of the
Starting point is 00:29:06 delusion of like business felt like everything to me until that happened. That was my liver punch. I always feel that way whenever I have a nurse treat me. Like, you know, like nurses, nurses are like a real job? Dude, they're like the tugboats of World War, you know, like, tugboats like have, like, helped us win World War II. Like the tugboats work their asses off to get these ships out there, but they're the unsung heroes. You know, no one like gave tugboats love. What is the tugboats do? I don't know this. So, uh, during World War II, we were like building ships like crazy, or I'll give you a better analogy, uh, 9-11. During 9-11, uh, you know what tugboat is? Like, uh, a tugboat is like a tiny boat that pulls boats? So when you, let's say,
Starting point is 00:29:47 you have a cruise ship. When a cruise ship comes into a relatively small place, like, for example, when a cruise ship is going to dock in San Francisco, you need a tugboat to go out and get it and drag it and place it perfectly where it goes. But they've been the unsug heroes for many occasions. So, for example, during World War II, we were building ships like crazy and getting them out there. These fucking tugboats were working their asses off. And they like, and like the tugboat operators were like performing miracles. Same with on 9-11. A 9-11, it was like the tugboats that were getting people off the island of Manhattan to like Brooklyn or whatever. and nurses are like tugboats.
Starting point is 00:30:20 Like you forget about a nurse. Like, or you think you kind of dismiss a nurse is like, you go to the hospital for the doctor. It's the doctor who's the most important. And then you like, a nurse will come and like give you Advil or like give you a popsicle and like soothe you.
Starting point is 00:30:31 And you're like you're so much more important. A, you're more important than the doctor maybe. And B, you're more important than my fucking job. Like it's not even close. 100%. All right.
Starting point is 00:30:43 Let's do another one. You pick one off here. If you could shadow anyone for a week to learn how they operate. Who would it be and why? All right. I would split it between either somebody who's hyperproductive, which might as well go for Elon, because there's all these myths about Elon, and I just want to see it for myself. I want to see what's the real deal? How is this guy running four companies and playing Diablo at night and got 11 kids? And like, I want to actually follow this guy and see what's going on. What's Diablo?
Starting point is 00:31:14 What is Diablo? It's a game, video game. Oh, okay. He's like streaming on X at night. Like the same night, you know, they catch the starship, right? They catch the heaviest rocket ever with like these chopsticks. Then the same night he's playing Diablo for like four hours on stream and he's like doing like a high level rain. It's pretty wild. In the same way that do you know this, LeBron James recently screenshot of this thing out that he was a top 100 ranked badden player or like he reached rank 100, which is like the top rank.
Starting point is 00:31:44 No way. And that's going to be one of the most played games. in the world, right? Yeah, it doesn't mean he's a top 100 player, but it means he still reached the top rank of the people who are playing competitively at that moment. That's still impressive. It doesn't matter.
Starting point is 00:31:56 Still impressive. Or like, you know, we've told the story about Travis Kalanick being the number two or three we tennis player in the world. Luca Donchich, who's like one of the best basketball players in the world, he's a top 100 Overwatch player. I've played a lot of Overwatch.
Starting point is 00:32:10 This is insane. It's insane that this guy is like... What's an Overwatch? Is that a war game? It's a first-person shooter. Or I don't know what you'd call. It's like a team first-person shooter or whatever. And he's the best or one of?
Starting point is 00:32:20 He's a grandmaster player. And he reached top, I think it was top 500, which is the, they don't do top 100. They do top 500. And Luca was in the top 500. It's insane.
Starting point is 00:32:31 Like, I can't believe it. And people are like, oh, well, these guys are their athletes. They have a lot of time to play video games. A lot of downtime when their body's just remember it. I don't give a shit.
Starting point is 00:32:38 Dude, I was playing Overwatch, you know, three hours a day for like, you know, two years. I couldn't even break, you know,
Starting point is 00:32:43 bronze. This is incredible how he did that. I think I want to do all right so did you read that New York Times article on Alex Karp? I didn't read it actually but a bunch of people recommended it. What did it say? So he's the CEO Palantir. What did it say? Alex Karp is the CEO of Palantir. Palantir is like almost a $100 billion company and they're kind of controversial because they typically have a libertarian to Republican lean culture in Silicon Valley. That's like not common. And he's also like a freak. And so he's a freak because he grew up like in Germany, I believe. And, uh,
Starting point is 00:33:16 he says, and he says ridiculous stuff. So he's like, I've got some, I think he said, I got a Jewish mom and a black dad. I can get away with anything. Like he says like silly things like that. Or he'll be like, the only time I'm not, he said this on like a quarterly earnings call. He's like, the only time I'm not thinking about Palantir is when I'm out, cross country skiing or having sex. Like he just like kind of like says like ridiculous stuff like that.
Starting point is 00:33:41 But he's just like a weirdo. And I really like this. He was raised in German. He went to school as a philosophy major. Peter Thiel and him used to argue all the time and debate. Peter Thiel's right of center. Alex Carp is left of center. And so they had opposite politics.
Starting point is 00:33:56 And he said in the article that they would argue like ravenous animals. And because of that, they fell in love with each other. And Peter Thiel and Joe Lonsdale came to carp with this idea for Palantir. And he was the perfect person to lead and run the company. And so he just tells like 25 years of stories in the New York Times article because this is his moment. The company, 25 years old, but they are finally like the top dog. And he tells all these crazy stories. And he's just quirky and weird. And I love that. The article starts, Alex Carp never learned to drive. His quote, I was too poor and then I was too rich. The picture is him wearing
Starting point is 00:34:33 pink socks at his new New Hampshire home, just like sort of sitting in his... Everything about him is weird. Everything you're just said about that is like different and strange. Keep going. I'm Jewish, racially ambiguous, dyslexic. So I can say anything. Yes. Okay, wow. He's just quirky, man. He's really funky. So you want to follow this guy because you think he's a genius or you just think this guy's a weird,
Starting point is 00:34:59 a weirdo and you just want to see it up close? All the above. Annie is living in his own world. I have friends who report to him at Palantir and they love him. This is one of those stories where you said similarly to Ryan Holiday where he talked to people who work for him. They all love them. They have jokes.
Starting point is 00:35:15 And I think they reference it in the article. They call him Papa Carp or Daddy Carp. Like they like revere him like this wise like sage guy. Yeah, okay. This guy is pretty fascinating. Okay, so Alex Carp would be your pick? Easy. Nice.
Starting point is 00:35:34 I would either do someone super productive like Elon or somebody super creative like the creators of South Park. That documentary Six Days to Air is one of my favorite things to watch. How hard is that life? I don't want to be either of them. Both of them play the game on absolute heart. mode. But if you're good, you know, if I want to break my frame, I'm not going to hang out with people who have exactly kind of like what I feel comfortable with. It's, I want to hang out with
Starting point is 00:35:57 people who play the game at level 12 so I know what the hell level 12 is. And then I'll dial it back to eight or nine, which is where I like to, I like to stay in that range. But I don't, you don't even know what an eight or nine is, unless you've seen what the extreme is. I want to see the extreme of productivity in the extreme of creativity. Yeah, man, that documentary is amazing. Basically, for those who haven't seen it, I think it's on YouTube for free. South Park, which has been around for 25 years. It's basically two guys, Matt and Trey. They come up with an entire 30-minute episode in six days.
Starting point is 00:36:26 So from idea to it being live is six days, and they do that every single season, and they've done for 25 years. Which is unheard of. That timeline is unheard of. Most animated shows would be like, you know, sort of like a... Family guy is nine months.
Starting point is 00:36:41 Six to nine months, 12 months. That's like normal. Six days just breaks your brain of how do you do that. And the way they do that is they're like, They're, you know, it's like Monday. We're pitching ideas. And then we grab the idea. The animators start drawing.
Starting point is 00:36:55 We go into the studio. We start doing the voices so that the animators have the dialogue. We're working out the jokes as we go. It's crazy. They also do that with SNL. By the way, I saw this interview with him recently. So you won't, I don't know if you will know this, but I lived in Denver and that's where they're from.
Starting point is 00:37:11 And there's this restaurant that's famous there called Casa Bonita. Do you know about this Casabonita story? Dude, they bought it. And it's amazing. Do you know what it is first? Was it like, I know it's in this TV show. I watch it at the show all the time. It was a joke in the show where it was like,
Starting point is 00:37:25 Cartman wanted to go there and there's like, it's like, is it Mexican, I guess? And there's people jumping off like cliffs into pools and there's like, oh, you can eat Mexican food. Imagine you walk in to the biggest rainforest cafe you've ever seen. So you walk in and it feels like you're in a cave or some kind of like treasure hunt sort of situation. But you're, it says part rainforest cafe on steroids,
Starting point is 00:37:45 part school lunch because you just grab a tray. and you walk down this, it's like IKEA, you walk down this path, and then there's like, these lunch ladies just putting slop on your tray. And the slop is the worst Mexican food you've ever had in your life. And then you get out until you finally exit the maze
Starting point is 00:38:01 where you got your slop on your tray. You sit down. And now you're at like this table, and there's this, it's this huge restaurant that has these, like a giant indoor waterfall. And then there's a whole show that happens with cliff divers, and they're diving into the water.
Starting point is 00:38:17 And there's like a, it's like a, like a little play that's happening. So then you get Broadway. So you get Broadway, the Rainforest Cafe, and like the craziest prison lunch you've ever had. It's like an experience. It was dying. And I guess, you know, it's like a staple for anybody who lives in that area. It's like, it's like a thing. And you knew if it ever died, it would never come back because the whole idea didn't even make sense in the first place. So they bought it for like, I think a couple million bucks. And the guy said, they go, he goes, so you've since had to invest in like
Starting point is 00:38:44 kind of turning it around. I saw this. And he's like, yeah, I invest in a lot. lot of money. He goes, how much you invest? He goes, we put in about $40 million to rescue this restaurant, which is just insane. And they, along the way, they filmed it as they were trying to rescue this thing. That turned into its own documentary. And so just a crazy, crazy story. Is the food better? The reviews on it are like still not good. I don't know. I don't want to hear any bad things about it. I love those guys. I love Casa Benita. I have a lot of memories from there as a kid. and I love that these guys tried to basically the same thing that the Fertitas did with the UFC
Starting point is 00:39:20 where they bought it for $2 million and then lost $40 million trying to like, it's like I build the brand. They did that, but just with Casabonitas. Dude, but yeah, I don't know if the outcome is going to be the same.
Starting point is 00:39:31 But that's pretty wild. I mean, they're like epically rich those guys. Rich guys and restaurants. Name a better combo. Shit. All right. One do one more or is that it?
Starting point is 00:39:42 Let's do this fatherhood one. So Jeremy from Austin. that's maybe somebody you know. He says, I'm a soon-to-be-dad. I've read all the books. I've listened to the podcast, but I got to hear from the boys, what advice was actually useful,
Starting point is 00:39:54 underlined, for when you became a dad. So we all get advice, what was actually useful? Dude, mine's so much easier. Yours is going to be, like, insightful and philosophical. Here's, mine was, like, so easy. So it was called, like, the five S's,
Starting point is 00:40:10 but it really could just be, like, two. So when a baby's crying, zero to three, months, you swaddle them super tight. I was shocked at how tight you need to be. Yeah. You turn them tighter than you think you're supposed to be doing. Yeah, like you're putting this thing in a straight jacket. Like, like, child protective services need to be called. Like, that's how, like, tight it feels like when you swallow these kids. And then you hold them on their side when they're crying and you lift them up in your ear and you shush them. But when you shush, it's super loud. Like,
Starting point is 00:40:38 when they taught me how to do it, I'm like, that's going to hurt the baby's ear. And they're like, no, I don't know, however it works. This is what they're used to hearing. You shush really loud in their ear and they quit crying after like 20 seconds. So it was like the swaddle, sideways, shush. That was very productive. All right, that's good.
Starting point is 00:40:56 I'll tell you what doesn't help first. So when we got pregnant for the first time, it was like, oh, better get some sleep now. That's not how sleep works. And that doesn't do anything. Don't tell me that. Well, you can't build it up with a bank. If they wanted to say,
Starting point is 00:41:09 what could you actually do before the kid comes, which is not much, it'd be like, hey, just take this. this 15 pound dumbbell and curl it, just hold it in the curl, and then try to do the rest of your life. So now operate, you know, do your computer and like make food and do everything while curling this thing because that's actually the only prep that would have actually helped.
Starting point is 00:41:30 I think the biggest prep is mental for, at least for the dad. Here's what I think are the three phases of fatherhood. This is my bit. I'm working on it. I'm working on a bit here. All right. The three phases of fatherhood are, I want kids. That's phase one. I want kids. Yeah. I want kids. hell yeah and then phase two which is when you're pregnant and the baby's coming i want kids dot dot right yeah it's scary now and that's phase two and then phase three which comes a pro you think it's supposed to come when the baby's born but it will not for most people it comes like 12 to 18 months later is i can't live without kids and then that's where that's where you will get to that's the third phase it does come have faith and so totally normal to have the
Starting point is 00:42:15 The initial, I want this, then the questioning and the doubt and the panic, the freak out. Then the initial anticlimatic thing where the baby's an inanimate object and you're kind of useless as a dad, you're kind of just helping the mom. You don't feel too much. That was at least my experience. And that's, you're kind of concerned. You're like, wait, do I not have a soul? Why don't I feel what I'm supposed to feel about this kid?
Starting point is 00:42:37 And then at sort of 12 to 18 months, once they start to like smile and laugh or, you know, crawl, like do things like that. Then you're able to, then it turns around. you're like, I can't imagine life without kids. I probably spoke to 30 guys before I had my kid, and I was like, what should I expect? And I asked all of them a very, like, blunt question, but they all understood what I met, which was, did you love her right away, or did you love the baby right away? And of probably 70% of them said, no, I had love, but I wasn't, didn't love.
Starting point is 00:43:08 I cared about the well-being, sure. I cared, but, like, I wasn't, didn't love. until let's say eight or ten months something like that I personally was into it because I had animals like it kind of replaced like a dog for me
Starting point is 00:43:23 if I'm being honest where like I love dogs and I was I like that I like that type of shit so I was into it but I was preparing not to be into it right away lowered expectations
Starting point is 00:43:34 the key to life I think most men aren't into their kids for you know what I mean when I say into in love for like eight months Eight months. I had a hilarious dinner with this guy, and he was like, yeah, I am, you know, if I'm honest, it's hard. I, I can't, same, same description.
Starting point is 00:43:50 I care, but I guess I wouldn't say I'm like totally like head over heels. Like, you know, can't live without them type of thing. It's like a roommate that you enjoy. I was like, oh, totally, totally normal. Turns around, you know, 12, 18 months. They're like, yeah, they're three. I was like, oh, you're broken. Dude, you know what?
Starting point is 00:44:14 Also shocked me, like, every, all of my friends after they have kids, they all, most of them have said similar things, which is I wish I started sooner. And that shocked me. I was always the opposite, I thought. I always thought it was the opposite. But I don't wish that. I'm like, I'm glad I got in all the stuff that you can only do when you're, you know, young, wild and free. I'm glad I got that in because it's a one-way door. Once you do it, you can't, there is no, there's no breaks.
Starting point is 00:44:41 there's no mulligans, at least for me. So it just seems like it's, I'm glad I took the time. All right, that's this episode. We're going to call this mailbag. Mailbags are fun. If you have questions again, like this, go to MFMPPod.com,
Starting point is 00:44:58 and we're going to add a contact button, and you could ask questions there. We'll add a mailbag button, drop them in there. Make them entertaining. Make them fun. We like them. All right, that's it. That's the pod.
Starting point is 00:45:11 I could be what I want to I put my all in it like no days off On the road, let's travel, never looking back

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