#130 - How Solopreneurs are Making $1m+, Why Lists Suck, and The 5 Minute City artwork

#130 - How Solopreneurs are Making $1m+, Why Lists Suck, and The 5 Minute City

My First Million

November 20, 2020

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host today's podcast.
Speakers: Sam Parr, Shaan Puri, Abreu
**Sam Parr** (0:00)
All right, everyone, we have a quick ad for HubSpot, but I want to let you know, I actually use HubSpot and I use their sales tool, which is what this ad is for. HubSpot sales platform, it makes it just easier to sell stuff, to do it faster, to look at your pipeline, to see what sales are gonna happen. Just prospect to cold outreach and get more customers faster and easier. Plus, it's easy to learn and free to start. So you guys can check it out, hubspot.com/sales.
We live.

**Shaan Puri** (0:48)
Alright, I'm looking at Sam. He's got a crazy background, a purple background right now, because he created a podcast studio in his closet, I think, which is kind of amazing.

**Sam Parr** (0:59)
It's, we're at our office.
I took over a closet, and I put the, what are these things called? These panels. Why we put these panels on here.

**Shaan Puri** (1:11)
Oh, the soundproofing panels.

**Sam Parr** (1:13)
So, I built the studio for, I think, less than $200. And I think it probably looks pretty good and sounds good.

**Shaan Puri** (1:19)
It looks better than Joe Rogan's ugly red capsule that he sits in. Imagine being so rich and famous and then building your custom studio, and then it looks like that.

**Sam Parr** (1:31)
That's all right. I think he said he was gonna move, and in two weeks he moved and had the studio. Maybe he'll fix it.

**Shaan Puri** (1:38)
Right. All right, what are we talking about?

**Sam Parr** (1:42)
Okay, you tell me. Okay, so Shaan, first of all, you were in Business Insider today.

**Shaan Puri** (1:48)
Yeah, congratulations to me. I bought the $1 pro trial so I could read the article because I was like, yo, to the writer, I was like, can you just send me the PDF of this? He's like, no, you have to buy the trial.

**Sam Parr** (2:00)
I have a subscription. I would have given it to you.

**Shaan Puri** (2:02)
Yeah, it turned out okay.

**Sam Parr** (2:06)
Yeah, how'd that come about?

**Shaan Puri** (2:10)
So a guy reached out and he was asking about, I remember what he was asking about originally. He was asking about something else.
And so he's a journalist and he was asking about something, my opinion on something. And then I was like, by the way, what happened? He goes, oh, he was asking me, because I had talked about Parler. I had tweeted about Parler and he was like, yo, do you know who's behind this?
And I was like, I was like, no. And he was like, okay, whatever. And then he was like, hey, congrats. You made the top 100 list of emerging VCs, which who the hell knows what this list is.

**Sam Parr** (2:46)
Really?

**Shaan Puri** (2:47)
And so he's like, you made this list. And I was like, thank you. He's like, can you send me a picture? I was like, yeah, sure. And then I was like, and then I like shot my shot. I was like, by the way, like, you should do a feature on rolling funds. These things are interesting.
Like, look at this. I just, like, I tweeted out on September 1st, Dear Internet, I'm gonna raise a million dollar rolling fund only from Twitter buddies and internet strangers, not taking any money from real life friends. I'm trying to go from zero to 1 million in 21 days. And I said, and look at this, like within five days, we crossed a million and within 21 days, we crossed two and a half million. And then we shut it down. We stopped taking money in. I was like, there's a good story there. You should tell it. And then he wrote the story.

**Sam Parr** (3:29)
That's great.
I wanna talk about two things, but the first thing is what was the outcome of that article? Anything?

**Shaan Puri** (3:35)
Nothing, as far as I could tell.
Although there was no real clear call to action or something like that. But yeah, I think I got one person reaching out and being like, hey, I'd like to invest. So this one, which, you know, I think this podcast will be five, if I mention it on the podcast, versus one and Business Insider.

**Sam Parr** (3:54)
I shared it. And the second thing, which is not to be disrespectful.

**Shaan Puri** (3:58)
It's behind a paywall, right?

**Sam Parr** (3:59)
I know, yeah, yeah, yeah, but I'm a subscriber. This is not a disrespect to you, but those lists, can we talk about how bullshit all those lists are?

**Shaan Puri** (4:08)

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