#161 with Michael Saylor - Why Michael Saylor Believes Bitcoin is Hope

**Sam Parr** (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. 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.

**Michael Saylor** (1:02)
For everyone, 7.8 billion people, for 100 million companies, for everyone with money on earth or everyone that earns a salary on earth.
This is the big idea of the podcast. You have to...

**Shaan Puri** (1:26)
We got a special guest in the house, Michael Saylor.
Have you heard the nickname they give you on YouTube? The Gigachad. Have you seen this one?

**Michael Saylor** (1:36)
I might have heard it once or twice.

**Sam Parr** (1:40)
Michael, go ahead, Sean.

**Shaan Puri** (1:42)
I was gonna ask you, Sam, have you heard this nickname that they gave Michael Saylor? The crypto is like...

**Sam Parr** (1:46)
No, but that's awesome.

**Shaan Puri** (1:47)
The crypto community sort of give it and take it away. They are extremely passionate and devoted, but they are also, you know, just nuts online. Like my Twitter mentions are unusable now. I'm sure Michael's are the same just because of that group, but they are funny also. So they nicknamed him the Giga Chad because he is sort of like, you know, probably the most credible, established person and company with MicroStrategy to adopt Bitcoin in a major, major way and really is driving the kind of institutional pickup of it. So if you're listening to this, you never heard of Michael Saylor.
The reason to listen to this is pretty interesting guy, had a really interesting career, but most notably, most known now for basically using his company MicroStrategy and buying about $2 billion worth of Bitcoin or they own $2 billion worth of Bitcoin, bought about, I don't know, how much you guys put in? Half a billion or a billion?

**Michael Saylor** (2:44)
And no, we bought 2.2 billion worth of Bitcoin. We own about a bit more than $5 billion depending upon the day, more than $5 billion in Bitcoin.

**Sam Parr** (3:02)
You have, not everyone's gonna be able to see this, but you have a ship behind you. Like a huge, what is that?

**Michael Saylor** (3:11)
It's an antique, handmade model, a 19th century model of a 17th century galleon.
Like I think a model of the Amsterdam, a galleon that sailed out of Amsterdam in the 17th century. And it was made in the 19th century. So it's a very interesting piece.

**Sam Parr** (3:40)
Are you a car guy?

**Michael Saylor** (3:42)
I have a bunch of cars, but no, I'm not a car guy.

**Sam Parr** (3:46)
What's the coolest one you have?

**Michael Saylor** (3:48)
I lean toward SUVs. I have a bunch of SUVs. I had a Lexus convertible that I used to love, that I drove a lot, but I don't really drive a lot.

**Shaan Puri** (4:01)
So you can give Sam a grade. Sam just sold his company, came into a bunch of money, and he bought what? What did you buy, Sam?

**Sam Parr** (4:09)
I was driving it all this weekend, and I've been getting made fun of. I can't believe people are making fun of me. Do you know what an AMG station wagon is, like a Mercedes AMG?

**Michael Saylor** (4:16)
I can imagine.

**Sam Parr** (4:17)
Basically, there's Mercedes, which everyone knows Mercedes, and then there's AMG, which is like a subsidiary. They basically put race car engines in the cars.