Sam Parr
Entrepreneur and co-host of My First Million podcast, formerly founder of The Hustle.
- Decoding Tony Hawk’s mindset in 72 minutes
- How to naturally monetize what you love
- 7 things MrBeast, Bezos & Thiel do that you don’t
- 3 millionaires reveal their super niche businesses
- Asking 3 young millionaires how they make $1.8M, $5M, & $12M_year
- $39B founder says his company could 100x in 5 years
- 9 drunk ideas that sound stupid (but are secretly genius)
- I spent 24hrs with a blue collar millionaire
- 5 ruthless business lessons from one week in NYC
- The $30M app that lets you invest like a politician
- We decoded the business behind this influencer’s perfect life
- The most simplified breakdown of the SpaceX IPO on the internet
“I've now invested in his new company, Passage, which is doing some amazing things.”
Source→“a 13-year-old scout identified the company, Parr committed $25K and got cold feet”
Source→“You've seen the rise of those like Woobles, wobbles... Those guys doing like hundreds of millions a year in revenue. There's a reason why.”
Source→“When I thought it was money, I thought I'd have to replace their job. Actually, if I could get somebody even like a $10 payout. They felt validated for what they were doing and it kept them going for way longer. So it goes, money, fame, love, and inspiration.”
Source→“The product is very like fungible. You could swap the product out... You work backwards from like what type of sale process do I want to do every day”
Source→“"I like WhisperFlow has like pretty meaningfully changed how I communicate... that's been my big standout the last six months."”
Source→“I think that business is doing north of 100 million in revenue.”
Source→“This one guy — I think he changed his name, it's like Abu — he went to prison, he got into calisthenics, and he got out, and he decided to turn it into a competition.”
Source→“He has lobbied the government and is an American hero if you ask me.”
Source→“Our friend Alex Daniels has a company where he sends like hundreds of thousands of magazines out which are basically just advertorials for a particular brand. And I know his revenue and profit numbers — they're pretty amazing.”
Source→“We sent a gift that was super customized and directly related to that person... it was one of our best marketing channels where we made these super customized gifts... the ROI on this marketing campaign was amazing.”
Source→“There's this whole community of people and they're obsessed with calisthenics. This one guy basically — I think he changed his name, it's like Abu — he went to prison, he got into calisthenics, and he got out, and he decided to turn it into a competition.”
Source→“Benihana's annual revenue — 300 to 500 million a year.”
Source→“World 50 is a community for Fortune 500 executives. It does hundreds of millions a year in revenue. The way that they get a large percentage of their customers is sending mail — like really cool letters to executives.”
Source→“There's another company called Claw-E. They're big. I think they do like 30 or 40 million in revenue according to the Financial Times and they have like 400,000 reviews on the app store.”
Source→“The tagline is like, finally something to train for. And I'm actually training for one of them.”
Source→“We use Postpilot for our econ brand and we would do re-engagement campaigns... the ROI was like 5 to 8x return on your investment. So it's kind of a no-brainer to do it.”
Source→“If you're a founder that does at least 3 million in revenue and you make it through our incredibly thorough vetting process, we then match you and put you in a group with nine other entrepreneurs.”
Source→“Mark's 94 Bank Street project has been in permit hell for two and a half years before a single nail is driven.”
Source→“If you're a founder that does at least 3 million in revenue and you make it through our incredibly thorough vetting process, we then match you and put you in a group with nine other entrepreneurs.”
Source→“Everyone has that fear and you don't talk about it out loud, but you fear, like I should do this other thing... Hampton helps by giving you a room of peers who could help you make big 50 million dollar decisions, not by yourself.”
Source→“Every probably 40 minutes, I quit what I'm doing and I just walk around... it's called managing by wandering where it's like the CEO would walk around the factory floor with zero intention other than just to learn and see what's going on and occasionally find a problem and help solve it.”
Source→“Victor by the way is like an AI thing that Sam put me onto that I am now hooked. I ended up investing in it.”
Source→“He tiered out our key clients as tier one, tier two, tier three... When you look at your top hundred and you realize, shit, we have no tier ones — then it's like a wake up call.”
Source→“If any employee you ever have becomes a general manager, even if you don't longer work at Chipotle, you get 10 grand in the mail.”
Source→“I use Mercury for all of my businesses. I think I have like maybe seven or eight businesses. We use Mercury as our business banking across all of them.”
Source→“The point I want to make is that I think that that is super underrated and not enough people do it. And brands could benefit from doing it a lot more than they currently are.”
Source→“I told it to explain it, to be like I'm Charlie Munger trying to understand the business.”
Source→“You're not buying SpaceX. You're buying three different companies that are stapled together. You have the space launch business, the internet connectivity business, and the AI business.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.