This Guy Makes $1.3M Every Day (

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Episode 490: Shaan Puri ( / shaanvp ) and Sam Parr ( / thesamparr ) share 3 wild billionaire stories. From the secret acquisition of OnlyFans by a mysterious entrepreneur to Elon Musk's quirky right-hand man', to the controversial history of the Sackler family and their involvement with Purdue Pharma.
Check Out Sam's Stuff:
• Hampton - www.joinhampton.com/
• Ideation Bootcamp - www.ideationbootcamp.co/
• Copy That - copythat.com/
Check Out Shaan's Stuff:
• Try Shepherd Out - www.supportshepherd.com/
• Shaan's Personal Assistant System - shaanpuri.com/remoteassistant
• Power Writing Course - maven.com/generalist/writing
• Small Boy Newsletter - smallboy.co/
• Daily Newsletter - www.shaanpuri.com/
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Show Notes:
(0:00) Intro
(3:10) OnlyFans Annual Report
(5:00) Leo Radvinsky
(17:50) The Sackler Family
(32:30) Billy of the Week - Steve Davis
(49:30) PostPilot
(57:30) Kiss back
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Links:
• Companies House - tinyurl.com/mr3m28x8
• OnlyFans Annual Report - tinyurl.com/3nw46jxj
• Leo Radvinsky - leoradvinsky.com/
• Guy Stokley - tinyurl.com/vhbn6jef
For more quality videos subscribe here ➡ / @myfirstmillionpod
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[@user-if5mo7xw4s]

Shaan is getting visibly in better shape by each podcast! Keep it up!

[@Henry-nr7ll]

He's losing the fluffiness tho

[@user-nr6if1fe3y]

My mom always said you have to be a little brilliant to truly be diabolical.

[@sirg_k]

I love MFM because you guys cater to an ambitious group of people I believe. And covering all ranges from talking about crazy billionaires to even just interesting blue collar side hustles. That is exactly what I’m here for, all of it. Not only that, you guys talk about what’s interesting, and you yourselves are genuinely interestedly Jeep this healthy mix of content because I think the real vision point is entrepreneurship, ambition and curiosity. Also please do something with the TotalMan thing.

[@matteosandrin]

I have a small correction on the Sachler story, that changes the ending pretty dramatically. It’s true that the government forced Purdue Pharma into bankruptcy. However, that is only after the Sachlers pumped out all of its enterprise value via dividends (over $11 billion). By the time they went into bankruptcy, Purdue was an empty husk that the Sachlers were more than willing to hand over to the government. They were forced to renegotiate the settlement, so they had to pay $6 billion of personal Sachler money (not Purdue’s) to the victims in exchange for avoiding any personal liability for how they ran Purdue. In the end the Sachlers still came out ahead by $5 billion and avoided any jail time. Hardly a win for the victims or the government. Source: Money Stuff by Matt Levine

[@funsark]

Finally!!! Just the "Sam & Shaan" show! Need more of these.

[@mikedean6576]

🙄

[@richardcollins6026]

Finally someone else said it

[@funsark]

@@richardcollins6026 yeah, I couldn’t resist. I had to be “that guy”😅

[@sachingarg.me1]

Agreeeeee

[@diegomdelosreyes]

I have nothing to say except I’m here and watching 👀

[@DanielHagos-wj5pz]

“I don’t ask for much, but I ask for this. Don’t let me down”. Shaan Puri 2023 👏🏾 (I just subscribed on KZbin, I was already following on Spotify)

[@A7Lopez]

Sam answered denim so quick. I was laughing just like Shaan

[@Jennapeters144]

Glad to see your video on my feed. I still watch a few other KZbinrs.. I've followed trades of a couple KZbinrs and I'm down so much…210k to 80k. It got addictive. My resolve is the lot are amateurs.

[@AanyaDarika_]

You are not investing. Sorry. You are gambling.

[@westgibbs]

Before you make an investment decision, consult a fee only advisere, taking advice verbatim from youtube is like going to the intern to take lessons passed on from the professional.

[@AnkurYo]

how can one get a fee-only planner?

[@westgibbs]

You can find them online, make sure theyre registered, have a fduciary responsibility with no disclosures, I work with LOREN LENA WALKER

[@AnkurYo]

can I get a phone-no to this advsor you use? I have lost over 30k when the market began to pump

[@RadicalNuance]

MFM is the underground version of All-in

[@xsw882]

its more microecon and all in is more macroecon

[@MyFirstMillionPod]

everyone knows micro > macro - shaan@@xsw882

[@xsw882]

@@MyFirstMillionPod micro boy stuff only

[@happyhobo2217]

*the Gucci version of All-in

[@holguin01]

The non-cringe version you mean

[@real23lions]

Yes, love the business ideas episodes!

[@money_martinez]

Do a whole pod about Denim Jeans. lol

[@tommasiero5234]

@Shaan Simping over the OF guy printing gobs of degenerate cash was not something I had on my bingo card today.

[@nyustdent]

kills less people than pharma

[@tommasiero5234]

Sam wasn't gushing about the Sacklers..in fact he said he was disgusted by them and what they did. @@nyustdent

[@A_Stoic_Trader]

Perdue Pharma paid 6 billion the largest fine by a pharmaceutical company at the time but they made over $18B. 🤔

[@bazookabrady1456]

Why is the video only on KZbin and not on Spotify?

[@MrOcean419]

Great podcast today. It is, without question, you guys have a great connection. And Sam, Shaan would let you stay at his house more than two nights😅 It could also help you get acquainted with screaming kids as you and your wife welcome your new little one in the future.

[@boblovinger6068]

I love MFM. It's actually the only podcast in which I never miss an episode. I really love the business stories even though Sam sometimes doesn't get them completely accurate. They're always entertaining though. Keep up the excellent work.

[@grahamkennedy7221]

You need to do a segment on the hammer family.

[@intelignet]

Can you post in short form the bit about the Millenial pause? it was a true gold nugget the way Shaan delivered it 🤗

[@tumeloditle2112]

The SpaceX guy when he was moved to Washington he was going to work at the Starlink factory, that's when they were struggling to move fast in developing the satellites.

[@amysham9919]

Loved it

[@ChrisMoSpeaks]

Business ideas Mondays 🙌🙌🙌

[@Mrchetantewari]

Do a one where a 40 years old is trying to get back and can only start something which can be done with a job. Thanks for lot for all the ones till now

[@WSJChan]

You guys are SO funny and I love the diverse characters - Leo Rad; and Elon's Steve Davis. Keep it up Sam & Shaan!

[@djwayne3]

Great story on Steve Davis!

[@CryptoGrit]

Feature one of your subs at the end of the each episode ^^ love the pod as always :)

[@Bearday11]

Floyd Mayweather’s finances and even Canelo Alvarez’ business portfolio would be fun for y’all to break down

[@moneywisebyhampton]

I loved this episode. Granted, I'm bias...but I felt amazing after recording it.

[@Stiggsway]

AM I HIRED AS PRODUCER YET?

[@ivanivankovic7421]

@sampaar9604 was on 2x speed today! Great episode

[@DaveNash]

agree, great ep

[@mathewber2782]

When is shaan gonna whip that shirt off to show the fukin 6 pack? Church aint out until we see the rippling stomach!

[@EduLeston]

That Dollar debasement thing, I think is what Ray Dalio talks about. About it stopping being the “base currency” of the world.

[@EduLeston]

@@BewareOfScammers. how can I do that ? I can be found on X.

[@dimaamericanec]

if you’re the sole owner of onlyfans and you have no intention of selling or going public (British law is probably the most reputable in the world) - why would you set up a holding company in the UK and pay enormous income tax? there has to be more to this story

[@zworld5154]

I thought UK was a tax haven.

[@sunidollfun]

And he's based in Florida. Why wouldn't he incorporate in the US?

[@itsanishjain]

Today is my birthday I turned 23, left my "low paying Indian job". I am gonna start a company. Will come back here again in 1 year. Thanks guys for the POD it's different.

[@nyustdent]

great pod again. Shaan has great views on thing.

[@manynames741]

Thanks so much for adding chapters so I can skip over everything OnlyFans related

[@unclejuju12]

Bring back the gentleman's agreement lol

[@georgelewis8831]

Boring co is much more important than you can imagine

[@whiteknight7wayne493]

Hey Shaan and Sam, i definitely came for the business ideas and stayed for the jokes! Audience member said Shaan is getting visibly in shape and in addion to noticing corns on Sams hands previously ( dude invest in gloves ) he seems to have a scratch across his arm this time....Only a fans story to that? lol

[@Prakhart4]

Why does Shaan has an ecom store. Is it really worth it ?

[@mchu7371]

Yo Shaan looking slimmer! hitting the gym lately?

[@mefisto05s.20]

This was great episode

[@jeffreyfine558]

This is easily one of the best podcast's I have ever heard. Unique stories, success leaves clues, success off the beaten path. The fro yo was totally hilarious!

[@shaanpuri5111]

🙌🙌

[@DADNation_]

THE LIGHTBULB IS BACK BABY 💡

[@shaanpuri5111]

By popular demand

[@charlie_lawrance]

Love these business idea episodes! Sam should do a PHD on Denim 😂

[@ChatGPZee]

Couldn't find anything controversial or negative to comment here.... so just keep being awesome guys - love the pod!

[@mylesjwilson]

Let’s go!!

[@vladvrinceanu5430]

Guys, just a Litle hint -> why don’t u come back on first milion milionaire stories ? Just saying… Making the first million liquid it’s hard, who cares about billionaires becoming even richer ❤

[@fresjsscwwtm]

they have a bunch of millionaire stories, doesn't hurt to have a billionaire story once in a while

[@funsark]

Million dollars isn’t cool, you know what’s cool??

[@illuminated2438]

Far more interested in making billion. 1,000,000 isn't much at all. You can barely get a decent car for that.

[@fresjsscwwtm]

​@@illuminated2438 ofc course you can get a decent car with a million. heavily skewed pov on world if you think you can't. $1m i still a lot of money, depends on what the goal is. do you have $1m? if you don't, i don't see any reason as to think it's "barely enough to get a decent car". if you do, sure. then maybe decent car is a mclaren or bugatti for you.

[@andrewxzvxcud2]

i agree and disagree w the replies, 99.999%+ here will never see close to a billion and theyre up in dream land if they think this content is relevant, edit: also props to shaan at the end for the idea only video

[@happyhippofloorcare]

Great show guys.

[@christhornham]

‘Guys’ got a dome on him’ 😂😂😂

[@luteatieh]

You guys rock. Keep it up.

[@danwolch2]

In the podcast world, where most biz-talk's a snore, Sam and Shaan keep us awake, never a dull moment, that's for sure. "My First Million," an antidote to monotonous drones, They dissect ideas until they're nothing but bones. Did Sam rest and vest at HubSpot? Well, only for a minute, Now he's onto Hampton, a new venture-his heart's right in it. Shaan dreams of a six-pack but Taco Bell's in sight, The allure of a Crunchwrap Supreme makes abs a long-term fight. At 2x speed, their laughter becomes a show, Sounding like Beavis and Butthead-oh, how the giggles flow. "We read all comments," they boldly claim in voice, Will they respond to this poem? Oh, what a choice! They're not into "small boy stuff," or so they love to say, Big ideas or bust, that's their only way. So here's our cheeky dig, a jest to keep things real, You're the kings of podcast banter, but let's not make that a big deal! How 'bout making artifacts, gems from business lore? PostPilot's investor update-oh, we'd adore! Sam's founder agreement was an artifact that shined, Follow it up, you two, and let your fans behind the grind.

[@SerialCringeHunter]

Bruhhh so thoughtfully written.

[@drumbassclassics953]

All written by GPT 😂

[@SerialCringeHunter]

Sad if that's the case 😒

[@moneywisebyhampton]

a poem!

[@whoami1980]

if he loves the pod, get him on as a guest!!

[@bifsavage6247]

That first bit sounded a lot more like “instead of” than “in addition to” 🤷🏻‍♂️

[@neilmorgan6807]

Love your content guys. Your talk about loads of great businesses where some guy or gal created a 7 or 8 figure business out of nothing because they came up with a novel idea. What interests me more though is how they grew those businesses, more than the idea itself, because that's even harder than coming up with the idea in the first place, especially without a big time. Are they influencers with large followings? Do they use content? Ads? Insight into some of that would be amazing!

[@coolpeips]

48:41 - okay. This moment is why I love you guys

[@tarekaz]

Newsletter for doctors. Exactly what im working on. Will keep y'all posted.

[@Ryan.G.Spalding]

Why did OF overtake Patreon? Not real familiar with either platform.

[@Muhluri]

Both are subscription services. Onlyfans is mainly for adult content. Desperate men will happily throw money at hot women and that explains why OF is making so much. Also, the big advantage that OF has over patreon is that subscribers can pay creators extra money to get custom content.

[@Akas410]

It's ironic that veteran entrepreneurs find a government agency like Companies House UK so impressive, given that many countries have a similar register of companies. It's hardly groundbreaking

[@zackjensen4484]

Sam Shaun you gotta do a kids table version of Billi of the week. For those of us starting out, do a 100m or 10m guy of the week. Something more attainable, that yall can relate to more. This show is literally called my first million not "dream of being a billionaire one day pretty please"

[@HighResGlassPics]

This episode was typical FIRE! Did you hear the smoke alarm at 59:41?

[@dzel774]

Two thumbs up

[@Ke_Mis]

A part of me wants to get rich to live a convenient life and not worry about money but the other part just wants to get on the pod and hang with you guys. #LifeGoals

[@bangerpickleball]

Wasnt going to comment...but Shaan kinda twisted my arm at the end there so here I am.

[@cheeseshaper]

You guys have to get Steve Davis on here. He sounds amazing! Saludos desde San Juan

[@ankitairon7675]

So love your podcast. 1 thing tho, I listen to your pod mostly at 1.5X and have to say that the intro music sounds much better at 1.5X, try listening it and share what you think… Keep doing great stuff guys!!

[@sinnerman20]

You should get him on the pod!

[@biscaynesupercars]

If you guys did an analysis the top earners and agencies of OnlyFans that would be a hilarious episode.

[@Muhluri]

@@BewareOfScammers.eww, a scammer

[@coolpeips]

Sam’s eyes light up when he talks about historical fraudsters and scoundrels, even more than the alive ones

[@angelocean365]

There are 8.4k views on this video 7 hours after its been posted. There should be 10,000 likes by now!

[@Kobe_]

Sam: the history of denim “What’s your thesis on?” Shaun: the history of flannel

[@plyocoach8806]

Would be dope if Leo left a comment with his acquisition number..

[@kaynesheenan]

Steve Davis the snooker player is a great DJ too!

[@MaxwelKane]

57:00 I think “business idea Monday” is HORRIBLE. Your bad episodes get listens and views because we don’t know what we’re going to get. I think you’ll have Monday viewers and non Monday viewers which will effectively split your audience. A regular pod with a section for ideas is the solution IMO.

[@Max-mp7lp]

You guys should interview Oliver Brocato. He seems like the type of entrepreneur you guys look for. Check out the interview he did with Brett Malinowski. Dude revealed way more tactical and actionable stuff in 2 hours than most entrepreneurs ever share.

[@sunidollfun]

All that exercise Shaun is doing is beefing up the alpha-male testosterone. Jk, love you guys.

[@sunidollfun]

Leon might be more honourable and might have more ethics than the owners of Etsy. I don't hear OnlyFans creators complaining as much as Etsy creators.

[@whattheheck1535]

You liven in our head too ^_^

[@lindoquatro]

Asking this here even though it’s not relevant to this episode: There was a topic a back in the day, a newsletter connecting investors to startups? What newsletter was that or at least what episode?

[@shaanpuri5111]

Angellist?

[@lindoquatro]

Yes! Thank you 🙏🏼

[@loganzrude]

MFM has officially coined the term “micro-boy stuff only”

[@seabass_1]

"His thesis was about `de basement" -shaan "Does that mean its at the bottom?" - sam

[@MyFirstMillionPod]

🤣

[@cococodes]

I wish they would share information on how to invest into these companies - the way they're doing it - legit - without getting fleeced

[@MihaiLazarut]

An idea that someone with more money can do? Weddings are boring, they're all the same, nothing new, nothing unique, after going to 10 weddings you still can't remember how it was at each one. At least that's how the weddings I've been (most) are. What would it be like if there was a wedding hall in the shape of a dome full of displays on the inside and on the floor? How did they make that sphere in Vegas. So you can have your wedding anywhere, or in 6 different places in one hour. You can hold your wedding at the bottom of the sea, or on the moon, or in the jungle, or on a plate in the kitchen (everything around should be large, and the area of the room should be the area of a plate), or in the desert, or at the pyramids, the list is endless and the experience can be a special one. In addition to these effects, there should be special menus, specific music with the displayed area, effects, smoke if it is in a swamp, maybe even a little water like in 4dx movies. I remember what you told Sam, about a book that helps you organize a very special party, that's where I started when I thought of this idea, plus sphere from Vegas. I don't know how original the idea is, maybe it already exists and someone is doing it. Now I saw that Sphere in Vegas has a similar display, but I was thinking of a smaller one that would cover everything, including the floor, which would of course also have a layer of glass so it wouldn't get damaged. And to have such wedding halls all over the world, where you can have a very special night. The hall can be rented like this for events, maybe not just weddings, it can also be used for parties and others.

[@robhodgen2404]

First, love the glasses. Second, can you guys recommend an episode for me? I discovered you guys only a few months ago. I want to learn about the "lower level successful businesses". I want to know about 1 or 2 person companies that make a few hundred grand a year. Basically, my goal is to generate $20k/month with the software I'm building. I don't know of any success stories similar... and maybe for a reason.

[@jerzeyshoredevil]

Get Leo on the Pod!!

[@gustavbrinkel5489]

Shaun's t-shirt maks me fele sick

[@nareshmeetei]

Shaan is getting more handsome because of working out. Can't wait to see you jacked. 🔥

[@tryunetech]

on the initial question, I totally understood the thumbs down option, that he was also going to SF after their podcast.

[@AlaskaJiuJitsu]

39:05 The Single Greatest Movie Of All Time!

[@dotontarget]

Sam looking sharp

[@mrgyani]

Whaa, so he bought shares into it in 2018 and is making $300M a year?

[@chrsl3]

I remember when OF had massive problems with the creditcard companies. They terminated them. How was that solved? Maybe that was the moment when the founder solved for "peanuts"?

[@johnnyde279]

Sam can we get your 45min demin presentation please.

[@niravshah7057]

@shaan and sam - big fan of the pod. I'm a doctor working on the newsletter for doctors. (real estate big part is a component too).

[@gusklemos1438]

Net net, MFM is the best podcast.

[@sicarty]

Boys when cage match Vs Jason Calicanis?

[@WojciechKauznymr]

If only fans would IPO that would be the biggest IPO ever.

[@semperepico]

👍🏼

[@Armaanali.]

Yoo!

[@FriendlyPharmacy5]

You guys need a Pharmacist on the show sometimes. Just sayin’

[@davidmelnychuk3651]

commenting for the algorithm

[@twisterrjl]

What is Shaan wearing on his wrist?

[@bykatherineholland1264]

Every episode you have to mention Only Fans 🤦🏻‍♀️🤣