My First Million

#70 - Making Money In 48 Hours, Fat FIRE & How To Collect $2M

8 snips
Apr 28, 2020
Explore the wild world of Kanye West’s billion-dollar shoe empire and the intricacies of celebrity branding. Discover the luxurious approach of 'Fat FIRE' and unconventional methods for generating passive income in just 48 hours. Dive into the viral success of unique products like Jawzrsize and the ethics behind health marketing. The conversation takes a turn into debt collection ethics, with humor mixed in as they discuss engagement with trolls and strategies for innovative problem-solving. It's a rollercoaster of ideas!
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ANECDOTE

Kanye's Billionaire Status

  • Kanye West became a billionaire, primarily due to his Yeezy brand.
  • He was upset Forbes valued him at $1B, not $3B, as he claimed.
INSIGHT

FatFIRE Subreddit Overview

  • The FatFIRE subreddit discusses achieving financial independence while maintaining a lavish lifestyle.
  • It offers diverse perspectives, but be mindful of potential pessimism and varying risk tolerance.
ANECDOTE

Shaan's Passive Income

  • Shaan Puri maintains several passive income streams, including affiliate revenue from old blog posts and an ebook.
  • He also receives irregular income from angel investments.
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