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Creator Lab - interviews with entrepreneurs and startup founders cover image

Shaan Puri, My First Million // Creating a Life Vision, Solopreneurship + Selling Your Company

Creator Lab - interviews with entrepreneurs and startup founders

NOTE

Building Trust through Investment

Investing in someone usually stems from being convinced by their public information that they are onto something valuable, and the investment is a way to act in one's best interest to make more money. This approach of investing signifies a high level of interest and trust in the individual or company.

00:00
Speaker 2
And i' put my hand up. I'm sure i've done this plenty of times in the past as well, but i think i've got a lot better at it over the years through sales that used to do, and and even the podcast. Because the difference when you're doing sails, you have a brand behind you, whether that was goog or chity water, what it did later. M, and there's you can o lean on that. And the good thing were gog as, you could kind of send a message to a lot of people wand they'd normally at least know, o disguiseing a complete idiot. And they might maybe changed nowif there's a lot of people at work google. But just e that really did help. But when you go from doing that to haan billow, you've never heard of my name before, it's very different feeling. And is, you know, it kind of hits your ego a little bit too. So, but now, i love that. Man. Actually, since we're on that topic, like specifically, are there a few examples of what people have said to you that has got your attention? And, you know, cause i know you've, you've invested in people, i think, from dms and stuff like that.
Speaker 1
Ye, like, no. Ok. So, so there's like a pyramid of of a, how how how much you can you can get somebody interested, right? So, you knowh the absolute best thing you can do is you're your holding pocket aces. Ou have the winning hand, right? So when i invest in somebody, it's usually through a cold. B m, it's usually me begging them, how can't i invest in your company? Because i have become convinced through the information that they've put out publicly, that im that they're on to something. And again, i'm acting my own best interest. I want to make more money, so i will dam somebody.

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