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The Importance of Financial Security
Buying the whole haystack with enough capital, setting a price target, the importance of financial security, the pressure of giving money away, and the lingering insecurity from childhood. Thinking about money a lot is essential to be good at it, just like Roger Federer's dedication to tennis.
Episode 511: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) are talking to Scott Galloway a.k.a Prof G (https://twitter.com/profgalloway). In this episode Scott opens up about his scarcity mindset despite a $100M net worth and the best way for young people to get rich slowly.
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Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com/
Check Out Shaan's Stuff:
• Try Shepherd Out - https://www.supportshepherd.com/
• Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant
• Power Writing Course - https://maven.com/generalist/writing
• Small Boy Newsletter - https://smallboy.co/
• Daily Newsletter - https://www.shaanpuri.com/
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Show Notes:
(0:00) Intro
(3:00) Surviving rejection
(5:00) Scott Galloway’s net worth
(9:00) How Sam made $20M in 6 months
(12:00) Scott gives Sam financial advice
(16:00) Get Rich Slow Strategy: Seller-financed boomer businesses
(19:00) Get Rich Slow Strategy: Go work for a big company
(20:00) Trillion-dollar carcass: AI for Healthcare
(22:00) Prediction: GLP - 1 will be bigger than GPT-4
(28:00) Second order effects of Ozempic
(31:00) The economics of obesity
(33:00) The drug that changed Scott's life
(35:00) Inverse Galloway Index
(40:00) Is Putin cyber-bullying Scott Galloway?
(44:00) $5M/year to speak
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Links:
• No Mercy / No Malice - https://www.profgalloway.com/
• Inverse Galloway Index - https://inversegallowayindex.com/
• Adrift - https://tinyurl.com/5ajwcy35
• The Prof G Pod - https://tinyurl.com/5dfdbywx
• Prof G Media - https://profgmedia.com/
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