My First Million: #218 - Why You Should Take a Think Week Like Bill Gates

Hubspot Podcast Network Hubspot Podcast Network 9/10/21 - 4m - PDF Transcript

All right.

Quick break to tell you about another podcast that we're interested in right now, HubSpot

just launched a Shark Tank rewatch podcast called Another Bite.

Every week, the hosts relive the latest and greatest pitches from Shark Tank, from Squatty

Potty to the Mench on a Bench to Ring Doorbell, and they break down why these pitches were

winners or losers, and each company's go-to-market strategy, branding, pricing, valuation, everything.

Basically all the things you want to know about how to survive the tank and scale your

company on your own.

If you want to give it a listen, you can find Another Bite on whatever podcast that

you listen to, like Apple or Spotify or whatever you're using right now.

All right.

Back to the show.

What's the most annoying thing in the world?

An unhappy billionaire.

And I think he said something like that, and I was like, wow, that's so true, actually.

Like if he came to me about being glum and whatever, it would be hard for me in my initial

reaction to be like, dude, you have it all.

All right.

Let's get into it.

You ready?

Yeah.

All right.

What's going on?

Not too much.

Can I tell you a quick story that I just read?

I love when we start with the story.

The last story got rave reviews.

The only reaction for the S.I.K.

Story.

Which story?

Oh, did it?

Yeah.

Great.

All right.

Let me tell you a quick one.

This isn't about me, though, and I'm actually reading the book called Storyworthy because

you told me it was a good book, but so I haven't read it enough that I'm going to implement

what I've learned, so don't have your high expectations, but I'm reading the biography

of the Wright brothers.

Do you know who they are?

Of course.

You didn't know who Dolly Parton was.

First people to have a flying plane.

Yeah.

That's great.

They created like insulin, right?

So Wilbur Wright was like the smart brother, or he was like the lead brother.

And when he was in high school, he was very smart.

He was going to go to Yale.

He was going to be a big deal.

And he was an athlete, and he was out one night playing hockey in the neighborhood.

He lived in Ohio, Dayton, Ohio, where it was really cold in the winter, and you could play

ice hockey on the lakes.

And he was playing, and this kid comes from behind him and smacks him in the face with

a stick, and he knocks out most of his teeth, he breaks his jaw, and he has digestive problems

for years.

And he's basically like not in a coma, but he doesn't leave his house for four years.

The guy who hit him, his name is like Howard Hawth or something like that.

And this guy, this kid who hit him, one of the reasons why it's hypothesized why he

hit him is this kid had been suffering from a cold or some type of flu for a really long

time.

And at the time, they gave him this medicine that was cocaine-based.

And so basically, he was like a drug addict at a young age.

And he was a bully.

He was known to be a bully, and he smacked Wilbur Wright in the face really bad.

No one knows if it was on accident, if it was on purpose.

Turns out years later, this guy who hit him turns out to be one of the first serial killers

based out of Ohio, and he's put to death because he kills like 20 people.

So he was like a bad guy since the beginning, and he hits Wilbur Wright in the face.

And so Wilbur Wright was going to go to Yale that year, and he ends up not going to Yale.

He was like a good student, but he wasn't like a homebody like he had since now become.

And he was like that for four or seven years.

And so he basically locked himself in his room because he was having digestive problems.

He was embarrassed because his teeth was all fucked up.

Machine-generated transcript that may contain inaccuracies.

[Updated] In this episode Sam (@theSamParr) and Shaan (@ShaanVP) talk about what Shaan has learned over the last week by taking a Bill Gates-inspired week off to dive deep into crypto. They also talk about Wilbur Wright, identifying stories from your work experiences, and who they follow in real estate Twitter. They close it out talking about a Twitter thread with a different take on levels of wealth and then potential solutions to Sam's occasional panic attack.
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Show notes:
* (1:53) The backstory of Wilbur Wright
* (9:26) First, last, best, worst, weirdest
* (12:44) Sell the story
* (17:02) Real estate Twitter
* (29:17) Opportunities for niche content creators
* (33:42) Shaan's think week is crypto week
* (37:53) Meet Andre
* (40:19) Observations from crypto week
* (43:46) #1 - crypto dev tools
* (45:23) #2 - NFT research tools
* (48:42) Shaan's take on NFTs
* (59:09) Levels of wealth thread
* (1:07:16) Parallels to Naval and financial freedom
* (1:15:39) Panic attacks