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My First Million

The 2023 Milly Awards: Part 1

Dec 18, 2023

53:51

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Shaan Puri and Sam Parr host The 2023 Milly Awards discussing favorite guests, biggest changes for 2024, who to bet on, and the best business ideas for others. They also touch on Sarah Moore's inspiring journey, Warren Buffett's succession plan, minimizing distractions, shutting down profitable ventures, challenges of fundraising, investing in personal monopoly, and opportunities in guns and ammo space and TikTok shops.

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Quick takeaways

The Milly Awards aims to recognize and celebrate the achievements of business people, filling the gap that Oscars and Grammy's fill for actors and musicians.

The potential for lucrative business ventures lies in creating a focus on TikTok shops due to their current underutilized and highly convertible nature.

Investing in struggling companies and building businesses focused on privacy and AI can prove fruitful, highlighting the value of loyalty and commitment in business ventures.

Deep dives

Privacy-focused services and AI disruption

The summary highlights the increasing importance of privacy and the potential for AI disruption. It mentions the rise of privacy-focused services and the opportunities in the AI space. It also discusses the potential for an AI-driven Tinder-like platform. The summary emphasizes the importance of focus and seriousness in business ventures.

Creating Space for Great Things

The Opportunity of TikTok Shops and Early Adoption

The Evolution of Marketing Tactics Through Social Media

The Underrated Trait of Seriousness

1.

Introduction

2min

2.

The Milly Awards and Favorite Podcast Guests

4min

3.

Sarah Moore's Inspiring Journey

9min

4.

Buffett's Succession Plan, Palmer Lucky, and 'Billy of the Year'

5min

5.

Minimizing Distractions and Managing Emails

8min

6.

Making Space for Great Things and Shutting Down Profitable Streams

6min

7.

Challenges of Fundraising and Investing in Personal Monopoly

13min

8.

Opportunities in the Guns and Ammo Space and the Rise of TikTok Shops

5min

Episode 531: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) bring you…..The 2023 Milly Awards. Actors have the Oscars, musicians have the Grammy’s and what do business people have? They have The Milly Awards.

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd

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Show Notes:

(0:00) Intro

(2:30) Favorite MFM Guests of the Year

(10:30) Billies of the Year

(18:00) Biggest Change for 2024

(34:00) Person You'd Bet It All On

(40:30) Best Business for Someone Else to Do

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Links:

• Kevin Ryan’s episode - https://www.youtube.com/watch?v=0cLWUCE02KE

• Sarah Moore’s episode - https://www.youtube.com/watch?v=dF6zvTXimxY

• Connor Price’s episode - https://www.youtube.com/watch?v=h4KFqL3z2fg

• Palmer Luckey’s episode - https://www.youtube.com/watch?v=dBeosjr7PyY

• Jesse Itzler episode - https://www.youtube.com/watch?v=ff1z3GUcfO8

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Check Out Shaan's Stuff:

• Try Shepherd Out - https://www.supportshepherd.com/

• Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant

• Power Writing Course - https://maven.com/generalist/writing

• Small Boy Newsletter - https://smallboy.co/

• Daily Newsletter - https://www.shaanpuri.com/

Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

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.

—

Other episodes you might enjoy:

• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits

• #209 Gary Vaynerchuk - Why NFTS Are the Future

• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto

• #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett

• #218 - Why You Should Take a Think Week Like Bill Gates

• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More

• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

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