You Have 70 Days to Win the Year

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Oct 23, 2024

Explore the urgency of the last 70 days in the year to prioritize goals for meaningful results. Discover the surprising effectiveness of straightforward marketing in finance versus flashiness. Delve into the ethical dilemmas of college admissions and the cultural obsession with prestigious schools. Learn about the financial dynamics of iconic monuments and the vital role of branding in investment success. Gain insights on navigating college admissions while uncovering the unique marketing strategies of key financial players.

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ADVICE

70-Day Sprint

Focus on one priority during the last 70 days of the year to make it a win.
Eliminate all other distractions and commit to a single sprint.

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ADVICE

Habit Rewiring

Plan your health routine first thing in the morning to avoid impulsive decisions.
Identify potential disruptions and plan around them in advance.

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ANECDOTE

Firing Evening Brian

Brian Johnson, before his fame, emphasized the importance of controlling evening impulses.
He personified his different selves and "fired" the one that sabotaged his goals.

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Strategies for Healthy Living and Success

05:14 • 10min

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Navigating the Competitive College Admission Landscape

15:28 • 2min

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Ethics of College Admissions Manipulation

17:34 • 2min

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The Value of Education: Prestigious Schools vs. Personal Passion

19:41 • 3min

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Navigating College Admissions and Marketing Strategies

22:18 • 12min

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The Power of Marketing Over Performance in Finance

34:20 • 3min

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Exploring Branding and Financial Advisory Perspectives

36:56 • 2min

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Monuments and Market Strategies

38:36 • 5min

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Monuments, Mindsets, and Market Strategies

44:02 • 16min

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Common Stocks and Uncommon Profits and Other Writings

Kenneth L. Fisher

Philip A. Fisher

This book is a collection of Philip A. Fisher's writings, including 'Common Stocks and Uncommon Profits,' 'Conservative Investors Sleep Well,' and 'Developing an Investment Philosophy. ' It provides insights into Fisher's investment philosophy, which emphasizes thorough research, the use of 'scuttlebutt' techniques, and a focus on companies with strong growth prospects. The book also includes his 15 points for stock selection and discusses various aspects of investment strategy, including the importance of understanding a business's fundamentals and the role of dividends. Warren Buffett has credited Fisher's work as an influence on his own investment approach.

Super Stocks

Kenneth L. Fisher

In 'Super Stocks,' Kenneth L. Fisher provides a comprehensive strategy for identifying and investing in high-growth companies. The book introduces the concept of 'Super Stocks,' which are stocks of companies that can increase 3 to 10 times in value over three to five years. Fisher sets up specific criteria for identifying these companies, including at least 15% annual top-line growth over the last five years, strong financials, and the ability to generate good profit margins. He emphasizes the use of Price to Sales (P/S) ratios, a pioneering approach at the time of publication. The book also covers the importance of market share, competitive advantages, and financial controls in evaluating potential investments. Fisher's approach combines elements of growth and value investing, offering practical advice and historical perspectives on successful investment strategies.

Built to sell

Creating a Business That Can Thrive Without You

John Warrillow

In 'Built to Sell', John Warrillow provides practical advice on creating a business that can operate independently of its owner. The book is structured around a story where a business owner, Alex, is guided by his mentor Ted to transform his marketing agency into a sellable business. Key lessons include running the company as if it will last forever but being ready to sell at any moment, focusing on a specific, non-customizable product or service, creating a positive cash flow cycle, and hiring a sales team to remove the owner from the sales process. The book emphasizes the importance of making the business repeatable, valuable, and teachable to attract potential buyers.

Amp It Up

Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity

Frank Slootman

In 'Amp It Up,' Frank Slootman shares his leadership approach for achieving hypergrowth. The book emphasizes the importance of raising standards, aligning teams, sharpening focus, picking up the pace, and transforming strategy. Slootman argues that most leaders can significantly improve their organization's performance without expensive changes to talent, structure, or the business model. He stresses the need for execution, a strong team culture, and a relentless focus on the mission. The book provides practical advice on making conflicted choices, promoting collaboration, and maintaining high standards to avoid mediocrity.

The 48 laws of power

Robert Greene

In 'The 48 Laws of Power', Robert Greene and Joost Elffers synthesize three thousand years of the history of power into 48 laws. These laws are derived from the philosophies of Machiavelli, Sun Tzu, and Carl Von Clausewitz, as well as the lives of influential figures such as Henry Kissinger and P.T. Barnum. The book provides tactics, concepts, and lessons on how to achieve and maintain power, emphasizing prudence, confidence, and self-preservation. Each law is illustrated with historical examples and is designed to help readers understand and navigate the dynamics of power in various aspects of life, including work, social hierarchies, and politics.

Episode 640: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about setting one priority–one sprint–to turn your entire year into a win. It’s time for life or death mode.

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Show Notes:

(0:00) 70 days left to win 2024

(10:27) The prestige hacking of Jamie Beaton

(25:32) Billy of the Week: Ken Fisher (and his marketing playbook)

(39:25)The shocking economics of public monuments

(46:19) Pro tip for founders: Find a banker

(54:28) The double standard of VCs

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Links:

• My Body Tutor - https://www.mybodytutor.com/

• Fisher Investments - https://www.fisherinvestments.com/

• Motley Fool Asset Management - https://fooletfs.com/

• American Colossus - https://americancolossus.org/

• Built To Sell - https://builttosell.com/

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Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd

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Check Out Sam's Stuff:

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

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

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

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