How to Build a Successful Startup

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We built messaging apps and social networking apps and all this stuff. And it just was really, really hard to get it to work. What we should have done was build either tools for startups or tools for developers. I think we burned about 3 to 4 million a year in funding. We also revamped one of his early businesses. It had been declining year over year for five years straight.

Episode 453: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about the rebranding of disgraced Theranos co-Founder Elizabeth Holmes, startup ideas for developers, the essential elements of leadership, and Billy of the Week.

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Check Out Sam's Stuff:

* Hampton

* Ideation Bootcamp

* Copy That

Check Out Shaan's Stuff:

* Power Writing Course

* Daily Newsletter

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Links:

* Elizabeth Holmes NYTimes interview

* Sam's Theranos article

* Living With A Seal: 31 Days Training with the Toughest Man on the Planet

* @hoyayayapickles (Instagram)

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

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Show Notes:

(01:22) - Sam's combine results

(08:20) - The Elizabeth Holmes Comeback

(17:15) - Billy of the week: Jesse Itzler

(34:55) - Mickey Mikitani (founder of Rakuten)

(48:00) - The essential elements of leadership

(49:50) - The power of momentum

(58:20) - Startup ideas for developers and startups

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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

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