Show notes
Episode 599: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the best traits of a startup founder and lessons from how Dana White, Elon Musk, and Emmett Shear cut through the bullshit. —Show Notes:(0:00) Top traits founders should take from Dana White(5:35) 1 - Brute force(10:21) 2 - Extreme bias for action(14:55) Quick audit of Dana White's gambling claims(18:00) 3 - Speed(19:00) Checklist for a perfect niche event business(22:56) IDEA: The Beer Mile(24:45) IDEA: Paddle Prison Break(25:47) IDEA: Skyline Scramble(30:17) Growth vs EBITDA vs cash flow(32:27) Shaan's Guide to Increase EBITDA(34:19) Step 1: create a EBITDA budget(37:08) Step 2: communicate the plan relentlessly(37:48) Step 3: Track and report(38:04) Step 4: Tie into incentives(38:30) Step 5: Repeat every 30 days(40:02) Next stage: Cash flow(41:28) The benefit of playing on Hard Mode(43:38) Is e-commerce dead?(44:54) Shaan's $30M dollar dream house(47:56) Shaan writes an essay(49:43) Sexier core principles(1:00:53) Culture: What people do when the boss isn't around—Links:• [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy• Shaan Puri essays - https://www.shaanpuri.com/essays• Brunello Cucinelli - https://shop.brunellocucinelli.com/• Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf• Wander - https://www.wander.com/mfm (Enter to win a free trip and use code MFM300 at checkout for $300 off your booking)—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