The #1 Personality Trait That Made These Business Moguls +$450M
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Feb 26, 2024
Discover the ruthless mindsets shared by the elite 1% of business moguls. From the game-changing strategies of private equity giants to the rise of the UFC led by Dana White, insights abound. Dive into the contrasting yet complementary dynamics of the Emanuel brothers, emphasizing resilience and intelligence. Loyalty emerges as a critical theme, with anecdotes that showcase its profound impact on success. Plus, learn how emotions like rage can fuel motivation and achievement. Prepare for a thought-provoking journey into the minds of the successful!
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Egon Durban's Rise
Egon Durban, managing director of Silver Lake, aggressively pursued success in private equity.
He rapidly rose to power by taking on challenges like expanding Silver Lake into Europe.
question_answer ANECDOTE
Skype Turnaround
Durban made a risky investment in Skype, turning the struggling company around in 18 months.
He sold it to Microsoft for $8.5 billion, tripling Silver Lake's $1.9 billion investment.
insights INSIGHT
Concentrated Betting
Durban focuses on a few high-conviction bets per year.
He prefers concentrated investments, looking for significant returns on each opportunity.
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This memoir by Ezekiel J. Emanuel tells the story of how his family, despite modest means, produced three highly successful brothers. Zeke, a leading oncologist and bioethicist; Rahm, the Mayor of Chicago and former White House Chief of Staff; and Ari, a Hollywood superagent, all achieved remarkable success. The book explores their upbringing in 1960s and 1970s Chicago, their parents' social consciousness and political activism, and the competitive yet loving environment that shaped their lives. It delves into the family's Jewish heritage, their involvement in protests and social causes, and the moral lessons they learned growing up[1][3][4].
Episode 555: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) break down the ruthless mindsets the top 1% of business moguls have in common.
Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5
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Show Notes:
(0:00) Intro
(1:00) Egon Durban of Silver Lake
(15:00) The methods of Ari Emanuel
(20:00) The making of Dana White and UFC
(37:00) Insane habits of the Fertittas brothers
(40:00) Sam's loyalty complex
(44:00) Other f*ck you qualities
(46:00) Knowing your pucker number
(48:30) How cheap is your happiness?
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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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