Startup Stories - Mixergy #2269 How the “My First Million” Guy Made his Money
38 snips
Nov 15, 2024 
Shaan Puri, co-host of the My First Million podcast and creator of The Milk Road newsletter, shares his entrepreneurial journey. He reveals how The Milk Road became his fastest money-making venture, growing to 250k readers in under a year. Shaan discusses his experience with Bebo, from its billion-dollar sale to revitalizing it for a fraction of the price. He highlights the importance of humor, storytelling, and audience feedback in achieving growth in the crypto space and navigates the emotional challenges of business exits, emphasizing a balanced approach to wealth and well-being.
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Bebo Acquisition
- Shaan Puri recounts the Bebo acquisition, starting from its initial sale for $850 million to AOL and subsequent decline.
- He joined the team that bought Bebo back for $1 million and experimented with various product iterations before selling to Twitch.
Prioritize Excitement
- Prioritize exciting projects regardless of immediate monetary gain, especially after achieving financial freedom.
- Focus on intrinsic motivation and explore new interests.
My First Million Podcast Origin
- Shaan Puri pitched the My First Million podcast idea to Sam Parr, offering content for distribution and a 50-50 split.
- This leveraged Sam's audience without requiring additional work or cost.
