4min chapter

The Nick Bare Podcast cover image

019: How Sam Parr Retired With Over $20 Million by Age 31

The Nick Bare Podcast

CHAPTER

How to Overpay for Your Business

With Hampton we're small our whole thesis is let's try to overpay like let's pay a lot of insality and things like that in create a place where someone would want to work there for five or ten years versus the average tenure at Facebook. I was very defensive at times when I should have been offensive so one of my best friends now is named Austin Reeve he runs a company called Morning Brew which was our competitors. They went from like 20 like 40 and then to 70 and now this year they'll do 85 million and they're probably worth 250, 300 million dollars. He says having more money to invest in stuff makes him more successful actually but be earlier on in that lif

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