Sep 23, 2021 · 1h 4m · my-first-million

How to Make Millions With a Modern Day Infomercial | My First Million #221

Shaan Puri · 32m spoken Sam Parr · 24m spoken Outro Vocalist · 9s spoken
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Hosts Sam Parr and Sean Puri explore profitable business blueprints centered on trust verification, niche media dominance, and direct-response marketing funnels. They analyze successful case studies ranging from Examine.com and Guthy-Renker to marketplace spin-offs and high-margin credentialing ecosystems.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. The hosts hold 98.8% of the talking time here. How this is scored →

The hosts as informed peer 6.0 Guest teaching 1.7 Guest disagreement 1.4 The hosts pushing back 1.8
05100:0015:0030:0045:001:00:000:00–3:56 · The hosts as informed peer 6/10 Booking Ariel Helwani and Dominating Niche Markets Sam and Shaan analyze Ariel Helwani's career shift to Substack and debate the strategic value of dominating tight niches versus riding broader industry waves. The exchange is highly collaborative and conversational, with both hosts sharing marketing analogies.3:57–11:47 · The hosts as informed peer 7/10 Examine.com and Subscription-First Trust Businesses Sam delivers an in-depth breakdown of Examine.com and compares its business model to UpToDate and Consumer Reports. Shaan validates the points with traffic statistics and revenue figures, expressing mutual enthusiasm for subscription-backed trust models.11:47–17:49 · The hosts as informed peer 6/10 Expanding Verified Information to Health and Physical Therapy Shaan pushes back mildly on applying the trust model to skincare due to a lack of urgency, while Sam makes a case for evidence-based physical therapy information using his personal Achilles recovery as proof. Both offer strong domain examples.17:50–20:00 · The hosts as informed peer 5/10 Blue-Collar Side Hustle: Trust and Safety as a Service Shaan pitches a low-barrier business idea providing trust and safety seals for food delivery and sanitation protocols. Sam agrees enthusiastically and adds comparisons to building certifications.20:01–25:08 · The hosts as informed peer 5/10 Industry Certifications and the Twitter Blue Check Debate Dan chimes in as a certified LEED professional to clarify how green building credits work. The hosts then transition into a comedic debate where Sam mocks Shaan for getting Twitter verified and Shaan defends it as a counter-impersonation necessity.25:10–28:53 · The hosts as informed peer 5/10 Commercial Kitchen Realities and Public Reputation Scores Sam shares his experience with health department inspections running a hot dog stand, and Shaan recounts unhygienic practices witnessed in commissary kitchens. Both agree that current health ratings leave room for better reputation systems.28:53–32:46 · The hosts as informed peer 6/10 The Business Opportunity in Reviving Klout Score Shaan and Sam discuss how Klout was ahead of its time and could succeed in the current creator economy. They also highlight how corporations like HubSpot monetize proprietary certification programs.32:46–40:26 · The hosts as informed peer 7/10 Serial Entrepreneur Spotlight: Matt Mickiewicz's Marketplace Empire Sam highlights Matt Mickiewicz's track record creating SitePoint, Flippa, 99designs, and Hired. Shaan supplements this with details on Matt's move into Unstoppable Domains and explains the decentralization thesis behind crypto naming services.40:26–44:16 · The hosts as informed peer 5/10 Four-Hour Fever and Crafting a Collaborative Bestseller Shaan shares how rereading The 4-Hour Workweek inspired him to co-write a business book, proposing an alternating chapter format. Sam enthusiastically agrees and suggests drawing inspiration from Founders at Work.44:16–57:29 · The hosts as informed peer 8/10 Direct Response Masters: Guthy-Renker and Modern Digital Infomercials Shaan breaks down Guthy-Renker's historical infomercial model and celebrity licensing economics, while Sam connects the direct-response playbook to modern online marketing companies like Golden Hippo, Agora, and Mindvalley.57:29–1:02:43 · The hosts as informed peer 6/10 Defining Investment Philosophy and First-Call Angel Backers Sam confronts Shaan about a public tweet labeling him risk-averse, explaining his concentrated high-conviction investment philosophy. Shaan clarifies his rationale about signal-stacking and angel fundraising tactics.1:02:43–1:04:30 · The hosts as informed peer 6/10 The Career and Angel Investing Brilliance of Scott Belsky Sam lists Scott Belsky's early angel investments in Uber and Pinterest alongside the founding of Behance, closing the episode with humorous admiration for Belsky's track record and presence.0:00–3:56 · Guest teaching 1/10 Booking Ariel Helwani and Dominating Niche Markets Sam and Shaan analyze Ariel Helwani's career shift to Substack and debate the strategic value of dominating tight niches versus riding broader industry waves. The exchange is highly collaborative and conversational, with both hosts sharing marketing analogies.3:57–11:47 · Guest teaching 2/10 Examine.com and Subscription-First Trust Businesses Sam delivers an in-depth breakdown of Examine.com and compares its business model to UpToDate and Consumer Reports. Shaan validates the points with traffic statistics and revenue figures, expressing mutual enthusiasm for subscription-backed trust models.11:47–17:49 · Guest teaching 2/10 Expanding Verified Information to Health and Physical Therapy Shaan pushes back mildly on applying the trust model to skincare due to a lack of urgency, while Sam makes a case for evidence-based physical therapy information using his personal Achilles recovery as proof. Both offer strong domain examples.17:50–20:00 · Guest teaching 1/10 Blue-Collar Side Hustle: Trust and Safety as a Service Shaan pitches a low-barrier business idea providing trust and safety seals for food delivery and sanitation protocols. Sam agrees enthusiastically and adds comparisons to building certifications.20:01–25:08 · Guest teaching 3/10 Industry Certifications and the Twitter Blue Check Debate Dan chimes in as a certified LEED professional to clarify how green building credits work. The hosts then transition into a comedic debate where Sam mocks Shaan for getting Twitter verified and Shaan defends it as a counter-impersonation necessity.25:10–28:53 · Guest teaching 1/10 Commercial Kitchen Realities and Public Reputation Scores Sam shares his experience with health department inspections running a hot dog stand, and Shaan recounts unhygienic practices witnessed in commissary kitchens. Both agree that current health ratings leave room for better reputation systems.28:53–32:46 · Guest teaching 2/10 The Business Opportunity in Reviving Klout Score Shaan and Sam discuss how Klout was ahead of its time and could succeed in the current creator economy. They also highlight how corporations like HubSpot monetize proprietary certification programs.32:46–40:26 · Guest teaching 2/10 Serial Entrepreneur Spotlight: Matt Mickiewicz's Marketplace Empire Sam highlights Matt Mickiewicz's track record creating SitePoint, Flippa, 99designs, and Hired. Shaan supplements this with details on Matt's move into Unstoppable Domains and explains the decentralization thesis behind crypto naming services.40:26–44:16 · Guest teaching 1/10 Four-Hour Fever and Crafting a Collaborative Bestseller Shaan shares how rereading The 4-Hour Workweek inspired him to co-write a business book, proposing an alternating chapter format. Sam enthusiastically agrees and suggests drawing inspiration from Founders at Work.44:16–57:29 · Guest teaching 2/10 Direct Response Masters: Guthy-Renker and Modern Digital Infomercials Shaan breaks down Guthy-Renker's historical infomercial model and celebrity licensing economics, while Sam connects the direct-response playbook to modern online marketing companies like Golden Hippo, Agora, and Mindvalley.57:29–1:02:43 · Guest teaching 2/10 Defining Investment Philosophy and First-Call Angel Backers Sam confronts Shaan about a public tweet labeling him risk-averse, explaining his concentrated high-conviction investment philosophy. Shaan clarifies his rationale about signal-stacking and angel fundraising tactics.1:02:43–1:04:30 · Guest teaching 1/10 The Career and Angel Investing Brilliance of Scott Belsky Sam lists Scott Belsky's early angel investments in Uber and Pinterest alongside the founding of Behance, closing the episode with humorous admiration for Belsky's track record and presence.0:00–3:56 · Guest disagreement 1/10 Booking Ariel Helwani and Dominating Niche Markets Sam and Shaan analyze Ariel Helwani's career shift to Substack and debate the strategic value of dominating tight niches versus riding broader industry waves. The exchange is highly collaborative and conversational, with both hosts sharing marketing analogies.3:57–11:47 · Guest disagreement 1/10 Examine.com and Subscription-First Trust Businesses Sam delivers an in-depth breakdown of Examine.com and compares its business model to UpToDate and Consumer Reports. Shaan validates the points with traffic statistics and revenue figures, expressing mutual enthusiasm for subscription-backed trust models.11:47–17:49 · Guest disagreement 2/10 Expanding Verified Information to Health and Physical Therapy Shaan pushes back mildly on applying the trust model to skincare due to a lack of urgency, while Sam makes a case for evidence-based physical therapy information using his personal Achilles recovery as proof. Both offer strong domain examples.17:50–20:00 · Guest disagreement 1/10 Blue-Collar Side Hustle: Trust and Safety as a Service Shaan pitches a low-barrier business idea providing trust and safety seals for food delivery and sanitation protocols. Sam agrees enthusiastically and adds comparisons to building certifications.20:01–25:08 · Guest disagreement 3/10 Industry Certifications and the Twitter Blue Check Debate Dan chimes in as a certified LEED professional to clarify how green building credits work. The hosts then transition into a comedic debate where Sam mocks Shaan for getting Twitter verified and Shaan defends it as a counter-impersonation necessity.25:10–28:53 · Guest disagreement 1/10 Commercial Kitchen Realities and Public Reputation Scores Sam shares his experience with health department inspections running a hot dog stand, and Shaan recounts unhygienic practices witnessed in commissary kitchens. Both agree that current health ratings leave room for better reputation systems.28:53–32:46 · Guest disagreement 1/10 The Business Opportunity in Reviving Klout Score Shaan and Sam discuss how Klout was ahead of its time and could succeed in the current creator economy. They also highlight how corporations like HubSpot monetize proprietary certification programs.32:46–40:26 · Guest disagreement 1/10 Serial Entrepreneur Spotlight: Matt Mickiewicz's Marketplace Empire Sam highlights Matt Mickiewicz's track record creating SitePoint, Flippa, 99designs, and Hired. Shaan supplements this with details on Matt's move into Unstoppable Domains and explains the decentralization thesis behind crypto naming services.40:26–44:16 · Guest disagreement 1/10 Four-Hour Fever and Crafting a Collaborative Bestseller Shaan shares how rereading The 4-Hour Workweek inspired him to co-write a business book, proposing an alternating chapter format. Sam enthusiastically agrees and suggests drawing inspiration from Founders at Work.44:16–57:29 · Guest disagreement 1/10 Direct Response Masters: Guthy-Renker and Modern Digital Infomercials Shaan breaks down Guthy-Renker's historical infomercial model and celebrity licensing economics, while Sam connects the direct-response playbook to modern online marketing companies like Golden Hippo, Agora, and Mindvalley.57:29–1:02:43 · Guest disagreement 3/10 Defining Investment Philosophy and First-Call Angel Backers Sam confronts Shaan about a public tweet labeling him risk-averse, explaining his concentrated high-conviction investment philosophy. Shaan clarifies his rationale about signal-stacking and angel fundraising tactics.1:02:43–1:04:30 · Guest disagreement 1/10 The Career and Angel Investing Brilliance of Scott Belsky Sam lists Scott Belsky's early angel investments in Uber and Pinterest alongside the founding of Behance, closing the episode with humorous admiration for Belsky's track record and presence.0:00–3:56 · The hosts pushing back 2/10 Booking Ariel Helwani and Dominating Niche Markets Sam and Shaan analyze Ariel Helwani's career shift to Substack and debate the strategic value of dominating tight niches versus riding broader industry waves. The exchange is highly collaborative and conversational, with both hosts sharing marketing analogies.3:57–11:47 · The hosts pushing back 1/10 Examine.com and Subscription-First Trust Businesses Sam delivers an in-depth breakdown of Examine.com and compares its business model to UpToDate and Consumer Reports. Shaan validates the points with traffic statistics and revenue figures, expressing mutual enthusiasm for subscription-backed trust models.11:47–17:49 · The hosts pushing back 3/10 Expanding Verified Information to Health and Physical Therapy Shaan pushes back mildly on applying the trust model to skincare due to a lack of urgency, while Sam makes a case for evidence-based physical therapy information using his personal Achilles recovery as proof. Both offer strong domain examples.17:50–20:00 · The hosts pushing back 1/10 Blue-Collar Side Hustle: Trust and Safety as a Service Shaan pitches a low-barrier business idea providing trust and safety seals for food delivery and sanitation protocols. Sam agrees enthusiastically and adds comparisons to building certifications.20:01–25:08 · The hosts pushing back 4/10 Industry Certifications and the Twitter Blue Check Debate Dan chimes in as a certified LEED professional to clarify how green building credits work. The hosts then transition into a comedic debate where Sam mocks Shaan for getting Twitter verified and Shaan defends it as a counter-impersonation necessity.25:10–28:53 · The hosts pushing back 1/10 Commercial Kitchen Realities and Public Reputation Scores Sam shares his experience with health department inspections running a hot dog stand, and Shaan recounts unhygienic practices witnessed in commissary kitchens. Both agree that current health ratings leave room for better reputation systems.28:53–32:46 · The hosts pushing back 1/10 The Business Opportunity in Reviving Klout Score Shaan and Sam discuss how Klout was ahead of its time and could succeed in the current creator economy. They also highlight how corporations like HubSpot monetize proprietary certification programs.32:46–40:26 · The hosts pushing back 1/10 Serial Entrepreneur Spotlight: Matt Mickiewicz's Marketplace Empire Sam highlights Matt Mickiewicz's track record creating SitePoint, Flippa, 99designs, and Hired. Shaan supplements this with details on Matt's move into Unstoppable Domains and explains the decentralization thesis behind crypto naming services.40:26–44:16 · The hosts pushing back 1/10 Four-Hour Fever and Crafting a Collaborative Bestseller Shaan shares how rereading The 4-Hour Workweek inspired him to co-write a business book, proposing an alternating chapter format. Sam enthusiastically agrees and suggests drawing inspiration from Founders at Work.44:16–57:29 · The hosts pushing back 1/10 Direct Response Masters: Guthy-Renker and Modern Digital Infomercials Shaan breaks down Guthy-Renker's historical infomercial model and celebrity licensing economics, while Sam connects the direct-response playbook to modern online marketing companies like Golden Hippo, Agora, and Mindvalley.57:29–1:02:43 · The hosts pushing back 4/10 Defining Investment Philosophy and First-Call Angel Backers Sam confronts Shaan about a public tweet labeling him risk-averse, explaining his concentrated high-conviction investment philosophy. Shaan clarifies his rationale about signal-stacking and angel fundraising tactics.1:02:43–1:04:30 · The hosts pushing back 1/10 The Career and Angel Investing Brilliance of Scott Belsky Sam lists Scott Belsky's early angel investments in Uber and Pinterest alongside the founding of Behance, closing the episode with humorous admiration for Belsky's track record and presence.

speaking balance: gold is the hosts, purple is the guest (3 minute bins)

0:00 · the hosts 100% · guest 0%0:00 · the hosts 100% · guest 0%3:00 · the hosts 100% · guest 0%3:00 · the hosts 100% · guest 0%6:00 · the hosts 100% · guest 0%6:00 · the hosts 100% · guest 0%9:00 · the hosts 100% · guest 0%9:00 · the hosts 100% · guest 0%12:00 · the hosts 100% · guest 0%12:00 · the hosts 100% · guest 0%15:00 · the hosts 100% · guest 0%15:00 · the hosts 100% · guest 0%18:00 · the hosts 100% · guest 0%18:00 · the hosts 100% · guest 0%21:00 · the hosts 79.4% · guest 20.6%21:00 · the hosts 79.4% · guest 20.6%24:00 · the hosts 99.9% · guest 0.1%24:00 · the hosts 99.9% · guest 0.1%27:00 · the hosts 100% · guest 0%27:00 · the hosts 100% · guest 0%30:00 · the hosts 100% · guest 0%30:00 · the hosts 100% · guest 0%33:00 · the hosts 100% · guest 0%33:00 · the hosts 100% · guest 0%36:00 · the hosts 100% · guest 0%36:00 · the hosts 100% · guest 0%39:00 · the hosts 100% · guest 0%39:00 · the hosts 100% · guest 0%42:00 · the hosts 100% · guest 0%42:00 · the hosts 100% · guest 0%45:00 · the hosts 100% · guest 0%45:00 · the hosts 100% · guest 0%48:00 · the hosts 100% · guest 0%48:00 · the hosts 100% · guest 0%51:00 · the hosts 100% · guest 0%51:00 · the hosts 100% · guest 0%54:00 · the hosts 100% · guest 0%54:00 · the hosts 100% · guest 0%57:00 · the hosts 100% · guest 0%57:00 · the hosts 100% · guest 0%1:00:00 · the hosts 100% · guest 0%1:00:00 · the hosts 100% · guest 0%1:03:00 · the hosts 90% · guest 10%1:03:00 · the hosts 90% · guest 10%
Sharpest disagreement ▶ 22:34 Twitter verification confrontation

Sam aggressively mocks Shaan for getting a blue check mark on Twitter, accusing him of being out of touch with regular people, while Shaan fires back defending the decision.

Hardest push from the hosts ▶ 58:00 Pushback on risk-averse label

Sam directly confronts Shaan for calling him risk-averse on Twitter, defending his focused, high-conviction investing strategy against casual diversification.

Biggest teaching moment ▶ 21:00 Dan details LEED accreditation mechanics

Dan steps in to explain the exact mechanics of LEED points and indoor environmental standards, answering the hosts' speculative questions with firsthand professional experience.

The host holds their own ▶ 49:00 Digital infomercial funnel breakdown

Sam and Shaan demonstrate deep domain knowledge of performance marketing by breaking down Golden Hippo's unskippable video sales letters and Taboola ad arbitrage strategies.

the scores for every segment, with the reasoning behind each
ChapterTopicThe hosts as informed peerGuest teachingGuest disagreementThe hosts pushing backWhy
Booking Ariel Helwani and Dominating Niche Markets 6112 Sam and Shaan analyze Ariel Helwani's career shift to Substack and debate the strategic value of dominating tight niches versus riding broader industry waves. The exchange is highly collaborative and conversational, with both hosts sharing marketing analogies.
Examine.com and Subscription-First Trust Businesses 7211 Sam delivers an in-depth breakdown of Examine.com and compares its business model to UpToDate and Consumer Reports. Shaan validates the points with traffic statistics and revenue figures, expressing mutual enthusiasm for subscription-backed trust models.
Expanding Verified Information to Health and Physical Therapy 6223 Shaan pushes back mildly on applying the trust model to skincare due to a lack of urgency, while Sam makes a case for evidence-based physical therapy information using his personal Achilles recovery as proof. Both offer strong domain examples.
Blue-Collar Side Hustle: Trust and Safety as a Service 5111 Shaan pitches a low-barrier business idea providing trust and safety seals for food delivery and sanitation protocols. Sam agrees enthusiastically and adds comparisons to building certifications.
Industry Certifications and the Twitter Blue Check Debate 5334 Dan chimes in as a certified LEED professional to clarify how green building credits work. The hosts then transition into a comedic debate where Sam mocks Shaan for getting Twitter verified and Shaan defends it as a counter-impersonation necessity.
Commercial Kitchen Realities and Public Reputation Scores 5111 Sam shares his experience with health department inspections running a hot dog stand, and Shaan recounts unhygienic practices witnessed in commissary kitchens. Both agree that current health ratings leave room for better reputation systems.
The Business Opportunity in Reviving Klout Score 6211 Shaan and Sam discuss how Klout was ahead of its time and could succeed in the current creator economy. They also highlight how corporations like HubSpot monetize proprietary certification programs.
Serial Entrepreneur Spotlight: Matt Mickiewicz's Marketplace Empire 7211 Sam highlights Matt Mickiewicz's track record creating SitePoint, Flippa, 99designs, and Hired. Shaan supplements this with details on Matt's move into Unstoppable Domains and explains the decentralization thesis behind crypto naming services.
Four-Hour Fever and Crafting a Collaborative Bestseller 5111 Shaan shares how rereading The 4-Hour Workweek inspired him to co-write a business book, proposing an alternating chapter format. Sam enthusiastically agrees and suggests drawing inspiration from Founders at Work.
Direct Response Masters: Guthy-Renker and Modern Digital Infomercials 8211 Shaan breaks down Guthy-Renker's historical infomercial model and celebrity licensing economics, while Sam connects the direct-response playbook to modern online marketing companies like Golden Hippo, Agora, and Mindvalley.
Defining Investment Philosophy and First-Call Angel Backers 6234 Sam confronts Shaan about a public tweet labeling him risk-averse, explaining his concentrated high-conviction investment philosophy. Shaan clarifies his rationale about signal-stacking and angel fundraising tactics.
The Career and Angel Investing Brilliance of Scott Belsky 6111 Sam lists Scott Belsky's early angel investments in Uber and Pinterest alongside the founding of Behance, closing the episode with humorous admiration for Belsky's track record and presence.

Statements from this episode (21)

Assertion Partly supported
Parr: Ariel Helwani left a ~$1M ESPN salary to build independent media
“He just quit ESPN where he was probably making close to a million dollars a year as a host. And he created a sub stack, his own podcast, and he's kind of building like a little media media empire.”
Sam Parr Sep 23, 2021 ▶ 0:57
Assertion Not checkable as stated
Parr: Examine.com generates seven figures in revenue with 20 employees
“So they have, I'm gonna give you some stats, 40,000 visitors a day, 20 employees, seven figures in revenue, 50,000 people have signed up for their membership or bought some of the guides.”
Sam Parr Sep 23, 2021 ▶ 5:54
Assertion Supported
Parr: UpToDate generates roughly $500M annually in subscription revenue
“So the estimate is closer to five hundred million dollars a year in subscription revenue.”
Sam Parr Sep 23, 2021 ▶ 8:03
Assertion Partly supported
Puri: Consumer Reports generated $212M in subscription revenue in 2020
“In the year, 20 20, they did two hundred and twelve million dollars in subscription revenue. Crazy, right? Subscription revenue, that's insane. Two hundred forty-five million overall overall revenue in 2020.”
Shaan Puri Sep 23, 2021 ▶ 11:12
Insight
Parr: Starting a media company without a subscription-first model is foolish
“I think if you're starting a media company, and if I started it again, if you didn't go subscription first, you're an idiot and you're a fool and you're a masochist and you like pain. If I could do it all over again, knowing what I know now, I would only start…”
Sam Parr Sep 23, 2021 ▶ 11:25
Insight
Puri: Trust-based review models rely on fear-driven consumer verification
“So that's one really good thing about supplements and medicine is that there's like a fear component to it, right? Like I don't want to actually like Die or get side effects from this thing or have a, you know, sort of a big problem occur because of the potent…”
Shaan Puri Sep 23, 2021 ▶ 13:27
Assertion Contradicted
Parr: 90% of chiropractic claims are nonsense and school acceptance is 100%
“Now, some chiropractor can help very little, like, but 90%, like, 90% of what chiropractors, what we think they do, you can't adjust your spine and, like, your headache stop. Like, that's just not how your body works. But it's nonsense, right? Also, the accept…”
Sam Parr Sep 23, 2021 ▶ 17:07
Assertion Supported
Parr: U.S. Green Building Council generates $31 million annually in revenue
“It's run by a company called the U.S. It's not a company, but a nonprofit U.S. Green Building Council. And I think they, is that it? Do you know? ... And they do thirty one million dollars a year in sales.”
Sam Parr Sep 23, 2021 ▶ 20:22
Assertion Supported
Sean Puri: Q Scores measure celebrity popularity and familiarity, not approval
“It's a thing for like a Hollywood celebrity. It's like, what's your popularity kind of like, it's not approval rating. It's like your popularity rating. How, how well do people know you? And like, you know, Obama has a high Q score”
Shaan Puri Sep 23, 2021 ▶ 28:34
Assertion Partly supported
Parr: Klout sold for $100 million in private stock
“They ended up selling for a hundred million dollars. I think it was like a hundred million dollars of stock in a privately held company.”
Sam Parr Sep 23, 2021 ▶ 29:02
Insight
Puri: Individuals have replaced institutions as the atomic unit of brands
“I think fake news is very underrated how like big of a wave that actually was created and how much distrust there is around, around brands and entities now. And so people are kind of like the atomic unit of a brand at this point.”
Shaan Puri Sep 23, 2021 ▶ 30:20
Assertion Partly supported
Parr: SitePoint has never raised funding and has roughly 50 employees
“They've never raised any funding and they have like 50 employees.”
Sam Parr Sep 23, 2021 ▶ 33:29
Assertion Partly supported
Parr: 99designs does nearly $100M in revenue on $45M raised
“So they do close to a hundred million, I believe, in revenue. They've raised forty-five million dollars in funding.”
Sam Parr Sep 23, 2021 ▶ 35:05
Assertion Supported
Puri: Guthy-Renker turned $100K book rights into $10M in three years
“That's when they went and bought the rights to it for a 100,000 dollars. They ended up making ten million dollars in the next three years off of sales of Think and Grow Rich, right?”
Shaan Puri Sep 23, 2021 ▶ 47:13
Insight
Parr: 1980s infomercial copywriting frameworks still work 100% today
“If you look at the infomercial, and if you go and if you Google like Guthrie Raker infomercial breakdown, or if you just go and make your own, and you look at, you break it down, and you like copy it word for word, and you break down the sections, and you appl…”
Sam Parr Sep 23, 2021 ▶ 49:21
Assertion Supported
Puri: Proactiv spent $250M annually solely on media buying
“I think proactive at its heyday or, you know, kind of like some, you know, this is maybe a ten-year-old data at this point, but they were spending about two hundred fifty million dollars a year just on the media buying.”
Shaan Puri Sep 23, 2021 ▶ 50:14
Assertion Contradicted
Parr: Direct response publisher Agora generates $1.5B in revenue
“And so if you want to look at the internet version of this, there's also Agora, which is a 1.5 billion dollars.”
Sam Parr Sep 23, 2021 ▶ 53:11
Disclosure
Sam Parr: Concentrated angel bets beat broad diversification
“Then, I got the money, and I invest in safe stuff. But here's the thing, when I find shit that I love, I go all in on it. I just, what you and a lot of our friends do is they go to a, they spread their shit like wild. I try to go all in on a couple of things.”
Sam Parr Sep 23, 2021 ▶ 58:24
Assertion Partly supported
Parr: Belsky invested $15k into Pinterest and Uber at $3M valuations
“Then, when he was 24, he invested 15,000 dollars into Pinterest when it was worth three million dollars, and 15,000 dollars into Uber when it was worth three million dollars.”
Sam Parr Sep 23, 2021 ▶ 1:02:59
Assertion Not publicly verifiable
Parr: Scott Belsky retained 75% of Behance for its $150M acquisition
“He did this while he was running his company called Behance, which was mostly bootstrapped until like six months before they sold it. They raised a series A, but prior to that it was bootstrapped. And when he sold it, he owned, I think, 75% of it. He sold it f…”
Sam Parr Sep 23, 2021 ▶ 1:03:08
Prediction Open · timeframe Sep 2026
Sam Parr: Scott Belsky is next in line to become Adobe CEO
“And now he's next in line to become CEO at Adobe.”
Sam Parr Sep 23, 2021 ▶ 1:03:31
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