Andrew Wilkinson's $20,000 to $260,000,000 story (

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Episode 521: Shaan Puri ( / shaanvp ) and Sam Parr ( / thesamparr ) talk to Andrew Wilkinson about the “Profit First” strategy, how to be a master networker, and his Barnacle On The Whale Strategy for growing 10x with zero marketing.
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Show Notes:
(0:00) Intro
(2:00) Business on hard mode vs. easy mode
(12:00) Cliffs Notes for “Profit First”
(19:30) Leveraging incentives
(24:00) Breakdown: Holdco acquisition funnels
(28:00) Andrew sends Sam a private jet
(32:30) Shooting your shot with your heroes
(38:00) Crashing the Oscars afterparty
(43:00) Buying vs earning your way into the room
(47:00) POV: Peter Attia is your doctor
(50:00) Barnacle on the Whale Strategy
(57:00) People always suffer in silence
(1:00:00)Hitting rock bottom
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Check Out Sam's Stuff:
• Hampton - www.joinhampto...
• Ideation Bootcamp - www.ideationbo...
• Copy That - copythat.com/
Check Out Shaan's Stuff:
• Try Shepherd Out - www.supportshe...
• Shaan's Personal Assistant System - shaanpuri.com/r...
• Power Writing Course - maven.com/gene...
• Small Boy Newsletter - smallboy.co/
• Daily Newsletter - www.shaanpuri....
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[@patricksimoneau7647]

Love Andrew. He needs to be a monthly recurring guest.

[@westunit777]

or MRG

[@gustavbrinkel5489]

@@westunit777 Or BMRG

[@megalomedia]

At this point it almost feels like Andrew is a MFM host since he's appearing in every second episode... And I love it!

[@PeterNooteboom]

What? There have been 30+ episodes since he was last on.

[@Blackholyempire]

@@PeterNooteboom do u know who u talk to megalomedia is the next don of business watch what u say 😅

[@fullstackmarketing247]

Right, but at least Andrew Wilkinson isn't boring. Monotone yes, but not boring. That one ex-NSA guest guy bores me. Nothing personal, just not my jive.

[@yvetteowo5318]

He gets the MFM audience without the responsibility of building a podcast!

[@AlaskaJiuJitsu]

Definitely one of my favorite guests.

[@Brigh578]

I began investing at the age of 34, primarily utilizing my hard work and dedication. Now at the age of 42, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly, but rather about building wealth consistently and persistently.

[@ericmax978]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields

[@Brigh578]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi

[@SophiaMichael-ww4qd]

I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?

[@user-mc4hy7cj1i]

Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?

[@Brigh578]

The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.

[@ScottGabdullin]

Andrew is one of the few entrepreneurs who can speak about large business philosophies and strategies while still being able to provide practical, based-on-the-experience advice on building a business from scratch. Koodos to him.

[@osborn-rj4qg]

i validate and agree with your opinion

[@andyatmosphere]

Andrew is always so chill and on point. He must have the discipline of a marine.

[@SophiaMichael-ww4qd]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly

[@SophiaMichael-ww4qd]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi

[@user-im7qe6ve4t]

that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?

[@ericmax978]

Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?

[@SophiaMichael-ww4qd]

The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.

[@user-im7qe6ve4t]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@Emantalks]

Andrew is the 🐐. We need more life and business insights from him

[@alexander_ci]

Andrew podcasts are always some of the best podcasts

[@Ajay_Cheema]

Andrew episodes are the only ones I watch all the way through. Proper owner and investor all around.

[@chefbrian26]

I love the Andrew episodes! Such a dope guy.

[@siddg8505]

Andrew is like the cousin who's the favourite and every time he comes home it just feels like awesome !

[@mrdev5281]

Awesome work gentlemen you are killing it, the Premium content you serve is like the caviar of the podcast world.

[@DinelleJeff]

You should have Mike Michalowicz on your pod, the author of profit first. He is great!

[@IAmDiegoMilan]

Love it when Andrew comes on, excited for this one 🙏

[@That_Guy_You_Know]

Every time Andrew is on the show I end up downloading the episode and taking tons of notes. I've been working on a cyber security niched job board for a little while now and recently I was started to question that choice. Hearing about weworkremotely has me pumped now. Thank you!

[@gregduncan_]

What an incredible pod. Tons of value and great conversation. Thanks gentlemen

[@ericmartinson3502]

100% agree about incentives, that can be extended into anything humans do

[@herogebrial]

Andrew's great! We need him back on the pod.

[@crbradbury8282]

"Profit First".. the vibe of this genius podcast 🧐

[@brightcloud4847]

Yeah that's sus

[@hsarp1990]

Loved this ep. Some nuggets that i took away like “be the barnacle in the whale”. On the “people don’t change” I guess I’m with Shaan on the optimism front and would rephrase to “people don’t change other people” (meaning change comes only from within)

[@SuperKillaki]

Really like this guy. Most guests I can’t imagine being. I can with Andrew, and that’s nice. (That’s a compliment btw)

[@UppiliVentures]

that profit first thing is what I do already with all my accounts, can re-negotiate deals also, don't be tied into them - also its black friday now so use this period to sign-up to the yearly deals and then when they go back up you can use the next year's black friday and so on - save like 50%+ on software this way

[@phambiliS]

This episode was amazing, Andrew is very insightful and wise. Thoroughly enjoyed it!

[@mrpaulsadams]

Profit First changed my life. Such a lightbulb moment for me as someone bootstrapping my way forward with my micro business. 100% can recommend.

[@mrpaulsadams]

@@SamParrr Thanks so much Fake Shaan. Appreciate the response!

[@alexjoh13]

This is so valuable. It´s crazy that this is free.

[@jasonlauf1975]

Great 'Interview', Andrew is remarkable!

[@vkuse0]

Andrew is cool! also bring Sarah back for an episode 2

[@pro4v]

first time viewer, I feel I missed a lot by not knowing about this podcast. Love it ❤

[@choixmelchoir4325]

Amazing interview guys. Thanks for sharing, Andrew!

[@Fraunzi]

Andrew might just be the most down to earth rich guy ever

[@richardchan]

How can you buy Tiny stocks in the US?

[@garyli1793]

mfm releases right before i'm about to go to bed >:(

[@amonifinau4048]

Thank you!

[@moneymakingsim4314]

Love love love when Drewski, is on the Pod! 😂😂 (sorry for the nick name, that’s what my wife calls em).. So many gems and motivational points. Respect and love from East Baltimore.💯🙏🏽

[@Chris.Ceraldi]

Is the book, Profit first by Mike Michalowicz ? Great show!

[@MichaelTimmons1991]

Andrew is my #1 MFM guest that I would want to meet.

[@jonjones8827]

Shaan was definitely struggling with the cold this pod 😆. But great pod!

[@shaanpuri5111]

I was dying

[@JasonValasek37]

Hello gentlemen! If we have a business that we would like you to consider purchasing a minority stake, how do we get that information to you?

[@triingtimes5267]

Amazing interview toady with Andrew Wilkinson! Sorry, but I have what's probably a really dumb question as I'm discovering your videos in the 500 series. Is there a book or several any of you would recommend to pick up the acronyms you use (e.g. EBITA (Earnings Before Interest, Taxes, and Amortization, etc?). I just find myself pausing the video to look these up and would enjoy it more having the knowledge as I start a small venture. Thank you.

[@andrewxzvxcud2]

warren buffett and the interpretation of financial statements, one of the authors was married to his son so u know its the real deal, edit: and if u ever get stuck just tell chatgpt to ELI5

[@PankajDoharey]

The link between effort and result is asymmetric, 20% of things pay for 80% of revenues, and 80% of things pay for 20% of revenues.

[@yannikin]

Sam bro let Andrew talk! Love you all.

[@hellojeezai]

Great episode, thank you!

[@rajbarai98]

Great pod guys!! I started listening to MFM since Sept this year and feel so inspired listening to you guys. Thank you. BTW which Warren Buffer book was Andrew referring to? Does anyone know?

[@drum707]

Great interview, been following Andrew since the MetaLab days and web 2.0 days haha Does anyone know what type of camera Andrew is using?

[@Wisagapi]

Andrew is brilliant

[@CryptoGrit]

I deifnitly need top prioritize better, doing this instead of watching podcasts ^^ but I love it

[@andrewxzvxcud2]

this is the type of andrew i aspire to be

[@JohnMcclaned]

19:50 - someone get the man some water

[@theamazingmg6947]

So amazing interesting information about Andrew my dear friend ❤

[@oliverpage9035]

Who wrote profit first?

[@aarontamaddon9417]

Thank you.

[@jonnycwilson]

Total Banger!!!

[@JimStew28]

Andrew da GOAT

[@microdosingcoach]

What's the name of his bakery in Victoria?

[@j.nickellingsworth5686]

Wouldn't it become owners draw and be taxable at the full rate?

[@PankajDoharey]

You gotta get DHH and Jason of Basecamp here.

[@digitalsamurai42]

This guys is great

[@AlaskaJiuJitsu]

51:47 Barnacle on a whale, roger. Alaska Jiu-Jitsu coming soon.

[@velvetpunch]

You should credit the author you're talking about lol Mike Michalowicz is the author of Profit First

[@elliotvannest6685]

For anyone wanting to build something big in Los Angeles let’s connect!

[@aidanleather]

Never too much A.Wilk, fellas

[@alwayzsmarter]

andrew wilkonson feeling out of place at a movie party is comparable to us wannabe software startups seeing our reletives at thanksgiving

[@skillzie2]

Sam's pajamas looking great

[@gcp21]

how many episodes are we going to do before Shaan clears his throat

[@faisalislam9840]

Nice, 1st again

[@simonmoreau1611]

PROFIT FIRST!!! Shout out to Mike Michalowicz

[@DinelleJeff]

Yes he's great

[@Wisagapi]

Law of Scarcity * Robert Caldini

[@austinmartincollective]

Someone needs to get Shaan a lint roller

[@shaanpuri5111]

On my list for santa

[@willl5970]

PS: My previous overreaction notwithstanding, the rest of this ep. is Gold, as it always is with AW.

[@MasterBrain182]

De love you Andrew 🥰🥰🥰

[@j.nickellingsworth5686]

Better to invest in R&D that fails, than give the govt 40%....no?

[@Ryan.G.Spalding]

Look at that hair! 0 home alone vibes.

[@Palmtreeshinobi]

Dude networking is easy. You just find the person’s email, and offer $57,000 to grab a quick lunch

[@davidwilson9976]

This is after they agreed that you shouldn't need to buy your way in.....Also love how his company Tiny Ltd has gone down 10x since the IPO, but don't talk about it.

[@philipj.sherman2987]

Strangest quote: Sam said Andrew yelled at him over taxes. Can anyone see Andrew ever yelling at anyone over anything?? That's just not him. Also, what's up with Sam's shirt?

[@coney2010grads]

These guys are way above my pay grade. Spending $57,000 for lunch..

[@aluhutmann4622]

yeah 57k for lunch they saw this guy coming a mile away lol

[@monos112]

Is this a Myria advertisement?

[@siddg8505]

As a guy who's listening to MFM for so many months and i can say that a homeless person must have asked for a change to sam, sam must have definitely replied 'change comes within ourselves brother 😘' 😂😂😂

[@zizu3499]

I haven’t seen you in the comments before today

[@siddg8505]

​@@zizu3499zizu my guy, there's something called spotify where u can listen to podcasts, not aware of it ? Do I need to screenshot my playlist and send it to you to prove myself a true listener of the OG pod ? Seems like you have got a job at MFM of seeing who's new and who's not.

[@Wisagapi]

Fundamental Attribution error - 58 min

[@rolln_with_ryan]

Is this old

[@hails1244]

"The sexiest word in business is 'No' ."

[@aarontamaddon9417]

Episode quality has been extremely high past few months

[@dongila1]

most rich people have things they wont reveal about their success they wont tell you.

[@callous21]

Funny how they treated him at the party. It's because of business and technology that we have millions of dollars to waste on entertainment. They should have more respect for business people

[@NatashaYancey]

I am excited 😊 my life has totally changed. I have been benefiting $10,250 from my $4,000 investment every 14days

[@codecreateurroku6764]

I invested with Ricky, i make about a 30,000USD every month.

[@tigreytigrey8537]

Im tiny capitals CEO... I'm not trying anymore. -_-

[@eugeniocg3079]

yooo

[@jutarandomsomething]

lets goo

[@Lone.Wolf.13]

I love Andrew. But for some reason he always ends up in a wrong room with a wrong crowd :)

[@darcymason319]

Was this a re-run? So many things I've heard Andrew say before. He's one of the best guests, but you need to change the format with him. Go back to old school MFM google doc ideas etc

[@tommasiero5234]

Running out of original content guys?

[@robert95346]

"I've never told this story" I'm 30min in and feel like I've already heard this 10 times from previous episodes. Add in the bad camera setup and way too much makeup...I'm out. Can't handle this guy. So uninteresting for being so rich.

[@dopemusic6414]

Sounds like you're jealous 😂😂😂😂 here is a heart Bro ❤

[@CoconutPete]

Andrew is one of the few rich people I can stomach

[@worldfacts3709]

Sir, can I dub your video in Hindi or can I upload it on my KZbin channel? I will earn 50/50% of the income from my channel and I will give you the copyright

[@aluhutmann4622]

they say a fool and his money are soon parted. and hearing how much it cost to see that doctor was redic'. and what's worse, was hearing that it took that doctor to find stuff about cholestorol that his regular doc didn't was nuts! my G.P. is free and he is way better than that and finds everything with just the standard blood tests he does. and 57k for lunch, talk about saw you coming from a mile away. LOL

[@sedalia9356]

An ages-old formula. Find sociopaths to sell to other sociopaths, who find low-IQ customers.

[@mattng4707]

What is loi

[@jessdrewthis]

Letter of intent

[@mattng4707]

@@jessdrewthis thank u

[@Molloy1951]

What happened to your hair, Andrew? Aren’t you blonde anymore? 😮

[@mail22]

There is nothing wrong with being a self employed middle manager, which is what owning an old school business is. But let's not confuse it with the true definition of an entrepreneur. Otherwise, we'll be handing out participation awards to every middle management guy!

[@ColinStuckert]

Don’t let Attia put you on statins 🥺 this is the problem with fame; people suspend ability to independently think. Attia has a lot wrong when it comes to nutrition and heart health

[@natemcfarland1176]

lol I feel so poor 😢