Five Ways To Make Money, Vice Businesses, Fan Fiction And More

**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. 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.

**Shaan Puri** (1:02)
There's five ways to like make money in a system. In any system, there's like five roles and you can decide which one you're gonna be in. So like, one is the logistics and labor.
So like, let's take a house, you're building a house.
The guy who's actually literally laying the bricks and out there sweating in the heat and building the actual home, sort of gets like paid the least, but does the worst, does the most work, right? Does the hardest work and does the most work in the process, right? He's the logistics and labor. He's actually moving the bricks around. And you could choose to do that. You could choose to be kind of a worker bee who's moving the bricks, but you're going to work the hardest and you're going to capture the least. And life feels kind of unfair. It's unfair that the real estate developer sitting in his second vacation home is going to make more off that house than the guy sweating outside every day, but that's the reality. That's how it goes.

**Sam Parr** (1:49)
Yeah.

**Shaan Puri** (1:50)
So there's logistics and labor. That's the lowest level of the pyramid. Next level optimization.
Happy Thanksgiving, everybody. We got an episode for you, you know, a little break from the family, never hurts.
This is a dope episode. I really like this one. We talked about a bunch of things. So we talked about the lurking giant of an industry that is fan fiction. That's right, fan fiction. We talked about vice businesses and a billion dollar company that's serving marijuana businesses, and a arbitrage around the new KIA car logo, which is pretty funny. And then Sam, what else you got?

**Sam Parr** (2:30)
We talked about a very famous billionaire who recently said that $50 million is about the cutoff to where any more money won't make you happy. We talked about our opinions of that. And then we also referenced a few other people who said their opinion on what their number is. We talked about a billionaire who's only 39 years old, who you've probably not heard of. He's built a payments company, which is kind of interesting, but even more interesting, he's built the world's largest training company to train pilots. Incredibly fascinating guy. It's a good episode. I think you're gonna dig it.
Check it out.

**Shaan Puri** (3:01)
Let's jump in. We have some topics. Sam, you have a topic, and then I got a bunch.

**Sam Parr** (3:06)
I've got a bunch too. If you scroll down, you'll see the rest.
But first, a lighthearted topic. I tweeted this thing out the other day. Chamath was on Lex Friedman's podcast, and there was one three-minute topic that didn't really get enough justice. That was very interesting. Lex goes, hey, so you're this billionaire now. Can you explain how life has changed being rich? And he said, basically, if it's zero to a hundred of different levels, I've tried it all. I've gone from zero to a hundred and back. I've done all the stuff.
And money doesn't change stuff after a certain point.
And I think that point is $50 million. And I thought that that was, and he referenced a study. I actually can't find the study that he referenced, but he said, I read this Ivy League thing, and I don't know if it's true, but they said that after 50 million, nothing changes, because that's plenty of money to have homes. All your loved ones are handled. You don't have to work. You could think about what's really important.