Sam Parr

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Sam Parr

Sam Parr

@thesamparr

Started/sold some startups. Founder + president of Hampton @hamptonfounders. Host My First Million podcast on the side.

NYC Katılım Temmuz 2012
133 Takip Edilen372.5K Takipçiler
Sam Parr
Sam Parr@thesamparr·
@chrishume_ The first 1 is a great option for a normal man.
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Chris Hume
Chris Hume@chrishume_·
Bro thinks these are actual fit options for normal men
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Sam Parr
Sam Parr@thesamparr·
TDLR: you guys suck and I will do nothing you and only do things for myself.
My First Million@myfirstmilpod

the best way to serve your audience is to ignore them completely. @thesamparr calls it the virtue of selfishness. the test: what drains you vs. what lights you up. the draining work: the stuff you reverse-engineer from data, optimize for clicks, and build because it should perform. your audience can feel that, and they share it less. the energizing work: the thing you woke up excited to tell someone about, the idea you couldn't stop thinking about, and what feels like play but looks like work to everyone else. Sam's honest test: if he gets the Sunday scaries the night before recording, it's the wrong episode. tomorrow: we release the full strategy session with Sam, Shaan, producer Arie, and the newest member of the MFM team. big rocks, what's not working, and what winning actually looks like. stay tuned.

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Sam Parr
Sam Parr@thesamparr·
@IndexAndForget @2147mill And most all of my rich friend were poor and rented, then got rich and still rented and didn't buy until much later. And if you ask them...many still prefer renting. I think buying/renting should be what makes you happier, not what makes financial sense.
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Sam Parr
Sam Parr@thesamparr·
Coming to SF first week of Aug. Need a 3 bedroom for rent. Airbnb has been sparse. Holler if you have a place for rent!
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Chris Hume
Chris Hume@chrishume_·
I'd love to see a country of origin flag to every product that isn't Made in America. Currently we don't care where a product is made, just that it gets to our house in an hour. This can help shift culture to assume that our products are made in America while stigmatizing products made overseas.
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joshua steinman (🇺🇸,🇺🇸)@JoshuaSteinman

All I want for @America250 is an “American Made Products” filter on Amazon dot com

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Sam Parr
Sam Parr@thesamparr·
@JBMason and also got the linen buck ones
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Sam Parr
Sam Parr@thesamparr·
@JBMason Both are winners. I picked up some vintage og107's as well as TCB ones. Tried oslow - too skinny!
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JB
JB@JBMason·
trying something new never worn fatigue pants before. which look is better?
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Sam Parr
Sam Parr@thesamparr·
@AviSniffmann @existentializzm When debating over what something means (good taste), I think asking for each person's definition is good and not over intellectualizing. but...perhaps you thinking that that is over intellectualizing is why i am where i am, and you are where you are! good day!
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Lizzz
Lizzz@existentializzm·
Damn he kinda read y’all to filth tho
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Daniel Berk 🐝
Daniel Berk 🐝@danielcberk·
I'm in Manhattan on May 12 and need to interview a rich old person that no one has ever heard of. Connect me.
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Sam Parr
Sam Parr@thesamparr·
Martin Shkreli came on MFM a while back and told Shaan and I something interesting: PubMed has 40M+ biomedical papers. It's the government database of every medical innovation ever logged. And it's 100% free. He told us if you sit there and read long enough you can become a billionaire. In his case: - Bristol-Myers had spent tens of millions developing a hypertension drug and quit on it. - Shkreli's company eventually picked up the asset. - Then he spent hours on PubMed and figured out the same compound could treat a rare kidney disease nobody was working on. That drug is now FDA approved and the company (Travere Therapeutics) is worth ~$4B. His takeaway was there are billion dollar opportunities hiding in plain sight, but they're hiding in "boring" stuff nobody wants to do.
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Sam Parr
Sam Parr@thesamparr·
On this day in 1886 the inventor of Coca Cola sold his first glass of the cocaine infused “brain tonic” meant to cure headaches and addiction at a pharmacy in Atlanta. His name was Dr. John Pemberton. - He sold a glass for 5 cents. - Only sold about 9 glasses a day in year one for ~$165 in revenue. - Passed away 2 years later, but just before he died he sold the rights to a guy named Asa Candler for ~$2,300. - Candler is the one who turned Coca Cola into a national company. - Today Coca-Cola does over $40 billion a year in revenue.
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Bilal
Bilal@ReallyBillu·
@thesamparr what’s the coolest way to carry a laptop around the streets of nyc. A backpack seems too youngster coded and a briefcase is whack
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Sam Parr
Sam Parr@thesamparr·
Chad Janis just sold his gummy company Gruns to Unilever for $1.2B. His thesis is taking a tried and true concept, and packaging it in a new format. Example: Greens powder works, but it's a frothy mess on your countertop. So Chad turned the “greens powder” concept into a gummy. That’s Gruns, his gummy supplement brand. Look around you and you’ll notice it’s not the first time: - Nicotine brands turned cigs into energy pouches. - Liquid IV turned vitamins into a drinkable liquid format. A lot of founders try to make a better version of the existing thing. Chad's approach is to take the proven thing, then just change the format. Here’s how things have panned out: - $300M ARR by month 24 - 1M+ customers and 95,000+ five-star reviews - Number one greens supplement on Amazon - A $1.2B offer to sell from Unilever We had him on MFM recently. Pretty awesome.
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Sean Frank
Sean Frank@Seanfrank·
I spent $294,000 dollars on my wedding. I booked a boutique hotel in Mexico that is only 34 rooms- so I could book the whole thing. I paid for all accommodations- food, alcohol, etc, for 3 nights for all the guests. It was cheaper than doing it in LA. Here are the details: 1- me and my wife have been together for ten years. We got married 5+ years ago at the courthouse. But we knew we wanted to have kids soon, so we decided to finally do the wedding party. We live in Los Angeles, but have friends and family from all over. I’m from Washington state, we lived in Texas, her brother is in Utah. If we picked LA- at least half the people would be flying in. 2- asking people to travel for weddings is a lot. I am also from a poor area, and frankly my friends and family wouldn’t have $2,000+ to drop on travel and hotels. Everyone has kids and shit, so having people fly in just gets expensive fast. 3- LA venues are crazy. We looked at hummingbird nest ranch, and they wanted $100,000 for the day. We looked at some party hall rentals and they wanted $25,000 minimum, plus you had to use their food and bring in bathrooms. The best one we looked at was the Greek, the music venue. It’s owned by the city and because of that you don’t pay the wedding tax. You could get the whole venue for $25,000 and use whatever vendors you wanted. But by the time we started specking everything out, it seemed like you couldn’t do a big wedding party in LA for under $100,000 4- we hired a wedding planner, Chloe Skelly (very good and cool), and she is the one who floated Cabo to us. If people were already flying in, why not have them fly to Mexico? We did a tour of a few places and hotel San Cristobal really stood out. Very remote. An hour up the coast from Cabo. Small venue, so you can have the whole hotel. Great food, fish caught right there, gardens growing vegetables. So then we ran the math. 5- there are lots of ways to get married in LA for cheap But when you start adding in venues, vendors, rentals, hotels and travel for the guests. The total economic burden was easily 300k. So we said fuck it. We can afford it, let’s give our friends a great vacation. We ended up giving 60+ people an all expense paid vacation for the same cost of what LA would be. My tips: - don’t do this unless you can afford it. Me and my wife were happily married for free at the courthouse. - never go into debt to do this. This was something we could do once and not think about. - if you are doing this, a wedding planner is key. They will have local vendors and know prices. - the photographer and video people were so expensive because they had to be flown in. You could save 20k going with local talent. We loved working with May Iosotaluno- she did our engagement pics, so we went with her. - you could do this WITHOUT paying for everyone and still have a great time lol Why am I sharing this? Just so other people can know what’s possible and the cost of stuff. Not enough people share real costs. So hope this helps some future married couple!
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Sean Frank@Seanfrank

@big_duca Ive been married for years. Finally did the wedding last year. Doing it at a venue in La would have been that or more. So I booked an entire hotel in Mexico for 3 days and paid for the whole thing for the guests. Basically the same price, except they got a vacation

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