My First Million

#197 with Dharmesh Shah - Frameworks for Becoming a Billionaire (From a Billionaire's Perspective)

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.

01:23:13

Episode guests

Dharmesh Shah

Highlights

AI Chapters

Episode notes

Is This Your Last Swing At Bat?

03:58

The Pivotal Moment in My Career: From $10 to $125 an Hour

01:27

The Analogy of Running a Startup: Playing at a Gaming Table

01:21

I Was Focused On Money, Or I'm Not Dedicated To It

02:43

Intro

2min

Wealth Creation and Entrepreneurial Mindset

6min

Insights from an Entrepreneurial Venture

6min

Reflections on Business Valuation and Transparency

2min

Wealth, Freedom, and Meaning

31min

Navigating the Complexities of BitClout and Decentralized Governance

3min

Revolutionizing Interaction with NLP and AI

29min

Navigating Networking and Guest Introductions

2min

Dynamic Insights and Entrepreneurial Innovations

3min

Sam (@TheSamParr) and Shaan (@ShaanVP) are joined by HubSpot co-founder and CTO Dharmesh Shah (@Dharmesh). Dharmesh shares his thought process behind buying the Hustle, how he thinks about time & money, and how HubSpot came to be. They close the episode talking about ideas around a better version of LinkedIn and the future of software.

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Show notes:

* (0:57) Intro

* (9:10) The inside scoop on why HubSpot bought The Hustle

* (14:00) What it's like to be a billionaire

* (18:54) A framework on the relationship between time & money

* (24:50) Rich guy questions

* (28:24) Dharmesh on the beginnings of HubSpot

* (37:10) Idea: A blockchain version of LinkedIn

* (45:35) Dharmesh on BitClout

* (50:22) Idea: NLP, the future of software

* (53:20) Growth Bot & website graders

* (59:25) Dharmesh on GPT-3

* (1:02:55) Idea: A community for remote work

* (1:04:41) Deal trophies

* (1:06:56) A framework to evaluate startup ideas

* (1:13:55) Constructive podcast criticism

* (1:18:36) Outro

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