Episode 473: Shaan Puri (@ShaanVP) (Threads @shaanvpuri) and Sam Parr (@TheSamParr) (Threads @thesamparr) talk about Threads... the latest competitor to Twitter. And an interview with entrepreneur Sam Ovens (@samovensnz) - who made millions off of courses - his latest project and why he's not into A.I.Want to see more MFM? Subscribe to the MFM YouTube channel here.-----Check Out Shaan's Stuff:* Try Shepherd* Shaan's Personal Assistant System* Power Writing Course* Daily NewsletterCheck Out Sam's Stuff:* Hampton* Ideation Bootcamp* Copy That-----Show Notes:(02:10) - Threads vs Twitter(04:15) - Zuck vs Elon(13:30) - Threads Bull case(14:40) - Threads Bear case(21:05) - Predictions(34:30) - L of the Week(40:40) - Intro Sam Ovens(45:05) - Why sell courses?(59:50) - Getting traffic on Skool(01:03:20) - How large will Skool become?(01:04:50) - Are you weird in other areas of your life?(01:17:20) - Why Sam's not into A.I.------Links:* Skool* Mixergy* SnapInspect* Consulting.com* Rebecca Zamolo* Jasper ai* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.------Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.-----Additional episodes you might enjoy:• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits• #209 Gary Vaynerchuk - Why NFTS Are the Future• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto* #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett• ​​​​#218 - Why You Should Take a Think Week Like Bill Gates• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

“People are burned out of courses and no one really enjoys them. So like notice what people like, people like masterminds - they like hanging out with other people and interacting. It's more about the people. It's less about the content.” — Sam Ovens This week Sachit (@sachitgupta) chats with Sam Ovens (@samovens), CEO and Founder of Skool — a community platform for creators. Follow our host, Sachit Gupta on Twitter and sign up for the Creators Collective Newsletter. Do you want to learn how to make a living as a creator? Check out the CreatorsMBA. (02:37) - Balancing family and business (03:28) - How his mental models about business changed since having a child (04:51) - The process he went through to find his tech co-founder (11:11) - His approach to building a great team, so he can get his time back (14:25) - When Sam was working 15-20 hours a day - Would he do it again? (15:51) - When they downsized the company to make ensure it’s fun end enjoyable (17:55) - Example of how he turned non-fun tasks into fun tasks (20:28)- Tasks that he got rid of during the process of downsizing (25:09) - Lessons learned on building great products/courses in the online education world (29:01) - How the product evolved over time (30:08) - Thoughts on cohort-based courses and their future (33:44) - Non-intuitive lessons he has learned over the last decade (39:44) - The switch from trying to pull things from the market, to listening to what the market wants (41:27) - Importance of communities in courses and education (43:17) - How to create more engaging communities (46:41) - Transitioning from a creator with an audience, to a seven-figure zen style business (50:26) - Sam’s unique approach to launches and selling (53:37)- How Sam sells using Loom videos (54:54) - Core mechanics of an offer (56:24) - How to create rush and scarcity at the launch of a course (58:55) - How he goes from beta testing a course to the next step (59:57) - Getting good at pre-empting things in business (01:01:42) - Why he decided to go fully-in on Skool (01:07:17) - The convergence of info marketing, creators, and tech (01:11:01) - The pseudo-abundance of content on the internet (01:17:44) - The gamification of communities  (01:20:27) - Creative trade-off decisions they made in Skool (01:21:53) - How he thinks about the community's success and KPIs (01:23:34) - How he keeps the quality of the community high since it’s gotten big (01:29:59) - The importance of mindset as a creator (01:32:36) - How a community can create unsaid rules based on members personalities and how to deal with that (01:35:54)- Personal ideas that he changed his mind about after learning about them from a community (01:36:53) - Books that have been most impactful to him (01:37:16) - One piece of wisdom that changed the game for him (01:37:44) - One person he is grateful to (01:38:11) - What it means to be a conscious creator (01:38:47) - Things he is most excited for in the next 5-10 years

Entrepreneur and business coach Sam Ovens discusses the closure of his $36,000 mastermind and AJ and Smart's leaked business model. They describe how AJ&Smart transformed their business model with a product ladder, targeting individuals through ads on social media. The podcast also covers selling strategies through live streams and free trainings.

Sam Ovens, Founder of Skool, shares advice on synergy between cash flow and assets, comfort with debt, and building a company without investors. He also discusses changing products while keeping brand consistent, the success of masterminds, and standing out with detailed courses and events.

Sam Ovens, Co-founder and CEO of Skool and Consulting.com, discusses his Mastermind program and the importance of alignment. He shares why Mastermind is a great cashflow machine and his take on Info vs SaaS. They also talk about the value of the agency business, building a platform for course creators, and investing in assets like real estate.