Brainstorm your own business ideas with this trend-spotting guide 👉 https://clickhubspot.com/pht
Episode 623: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the underrated philanthropy style of Peter Thiel, Elon Musk, and Alfred Nobel.
MFM Scholarship: Apply for $10K to start The Onion For College – https://www.shaanpuri.com/collegepaper
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Show Notes:
(0:00) Alfred Nobel’s $266M Legacy
(6:06) Competitions vs. Trusts
(15:28) Idea: XPRIZE but for companies
(19:15) Shaan’s Prize: Win $10K to start a college paper
(23:07) How Barstool Sports started
(26:47) Peter Thiel’s contrarian fellowship
(32:30) Elon Musks sexy indifference
(37:22) Interview questions designed to repel and attract
(44:25) Be a harsh grader of people
(47:49) Great people are great in the first 2 weeks
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Links:
• Nobel Peace Prize – https://www.nobelpeaceprize.org/
• XPRIZE – https://www.xprize.org/
• Darpa – https://www.darpa.mil/
• Vesuvius Challenge – https://scrollprize.org/
• Kaggle – https://www.kaggle.com/competitions/
• Thiel Foundation – https://www.thielfoundation.org/
• Musk Foundation – https://www.muskfoundation.org/
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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
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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