My First Million #214 with Ramit Sethi - Why You Should Have a Diversified Investment Portfolio
22 snips
Aug 27, 2021 
Ramit Sethi, founder of I Will Teach You To Be Rich and personal finance expert, joins the conversation to share insights from his 15 years in course creation. He discusses unique ideas for businesses and showcases contrasting investment strategies with Shaan. The duo emphasizes the importance of a diversified investment portfolio while highlighting their own personal money rules. They also dive into innovative concepts in the cosmetics and pet industries, blending humor with valuable entrepreneurial advice.
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Ramit's New Podcast
- Ramit Sethi discusses his new podcast featuring anonymous couples discussing their finances.
- He aims to explore the psychology of money beyond just the math.
Podcast Growth Challenges
- Growing a podcast is challenging due to limited data on listener demographics and sources.
- Unlike email marketing, podcast growth requires more experimentation and patience.
Shaan's Course Success
- Shaan Puri launched a successful writing course, doubling his revenue in the second cohort.
- Despite its success, he plans to move on due to his tendency to get bored easily.
