#159 - Update on Michael Jordan's House, a Nine Figure Sex Toy Company & the Man with a Million Acres artwork

#159 - Update on Michael Jordan's House, a Nine Figure Sex Toy Company & the Man with a Million Acres

My First Million

March 10, 2021

MFM #159 MJ house update Recap: Last episode the guys spoke about buying MJ’s house. The plan was to potentially turn it into a museum or Airbnb.
Speakers: Shaan Patel, Sam Parr
**Shaan Patel** (0:00)
All right, there's this amazing book called Getting Everything You Can Out Of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm gonna tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How To Make Money With What You Already Have. It's an incredible episode. It talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said, you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's podcast network. You can check it out, Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales. You have to check it out. This guy's amazing. It's called Business Made Simple with Donald Miller.
I don't think I would want to do something that high profile because if you screw up, it would be a big deal.

**Sam Parr** (1:07)
Oh, look at you. You're afraid to fail now. You make it big, you sell your company, and now you're like, I gotta watch my step. What's going on? I'm not afraid to...
Where's the guy with the pirate ship tattooed on his thigh? What would that guy do?

**Shaan Patel** (1:22)
I feel like I could rule the world. I know I could be the world.
Are you in a garage? Is that what that is?

**Sam Parr** (1:27)
I am in my garage. We upgraded, we improvised. So we did this crazy thing where we had talked about on the podcast, we were like, shit, we need to like upgrade our setup.
I think mostly it was you just telling me to get a haircut, which is fair, and wear a shirt, wear a shirt.
And I took that as I need a whole new studio.
So basically these guys who are from Chicago, they're like 23 year old guys who love the podcast. They were like, they heard that.
And this is like their forte. They do like camera, audio. They have their own podcast. They have their own YouTube channels. They're basically, what I realized was I went and watched their YouTube channel. And his YouTube channel has like, this guy, Henry, his YouTube channel has like, I don't know, 570 subscribers. So it's not like some big YouTube channel, but if you watch it, it's the same level of quality of like video, audio and editing as like Casey Neistat's channel. And I showed this to our friend Sully, and I go, check these guys out. Like look at their channel. These are the guys coming this weekend to make my studio. And he goes, I remember when I was kind of like 21, 22, we were coming up and what the kind of 30 and 40 year olds used to say was, oh man, you guys have this huge advantage because you're like digital natives is what they were calling us. Like we grew up with a computer and the internet. Like I think we got the internet and computers when we were like in sixth grade. I don't know about you, it's probably around the same, fifth, sixth grade, something like that.
And so, you know, for our parents, they were getting a computer when they were 35 or 40 So it's just like, you know, you didn't have it to grow up on. And so he goes, these guys, this is the next wave, they're video native. Basically they grew up with a camera in their hand and they just like constantly shoot videos. They know how to edit it. They're not afraid to be on camera. And like, it's such a superpower. And I think it was so true what he was saying.

**Shaan Patel** (3:23)
You said one line that I think is the real superpower, which is being on camera. So for you and I, we're kind of like media people. So we're maybe a little bit more used to it than the average Joe, but even I am still very uncomfortable just talking to a camera and like looking at it. Young people are not. When I was at the airport, I saw 12 year old kids with like the phone on the ground with a pop socket and they were like filming. And I could see that they were doing TikTok dances.

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