My First Million #197 with Dharmesh Shah - Frameworks for Becoming a Billionaire (From a Billionaire's Perspective)
26 snips
Jul 7, 2021 
Dharmesh Shah, co-founder and CTO of HubSpot, shares his journey in building a billion-dollar company. He discusses the strategic insights behind acquiring The Hustle and his unique perspective on wealth, freedom, and meaningful work. Dharmesh introduces innovative ideas like a blockchain-powered LinkedIn and explores the future of software through natural language processing. He emphasizes the importance of evaluating business ideas and shares frameworks for balancing time and money, making the conversation both insightful and enlightening.
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Wealth and Freedom
Wealth provides a level of freedom, allowing individuals to configure their lives without traditional job constraints. However, once basic needs are met, additional wealth offers diminishing returns in freedom.
Community Building
Create a community for remote culture professionals to connect and share best practices. Focus on people operations in the new world of remote work.
Evaluating Ideas
Use a framework to assess ideas based on profit potential, passion, and probability of success. Score each aspect from zero to ten, square the scores, and multiply to find overall potential.