If I Had To Make $1 Billion... Here’s The Business I Would Start

**Shaan Puri** (0:00)
All right, someone asked me an incredible question today. They said, if you had to pick one idea that could make you a million dollars this year, and it can't be just a newsletter or a blog or an agency, which are usually our go-tos, what would it be? What would you do, one specific idea that you would do? And then he also said, and I want to hear one specific idea that you would do to try to make a billion dollars.
That's a good question, and me and Sam are going to answer that right now.

**Sam Parr** (0:35)
All right, what's up?

**Shaan Puri** (0:35)
We're doing our Q and A, and we got one question that we really love.

**Sam Parr** (0:39)
But is the question, Shaan, is it a billion dollar in net worth or a company that's worth a billion dollars?

**Shaan Puri** (0:45)
I'm going to say it's a company that's worth a billion dollars and you own a big chunk of it.
What's a billion here or there? Okay, look, the company's worth one billion, you're worth one billion, it's all a billion.

**Sam Parr** (0:57)
It changes dramatically. So I know a guy who sold a company for $900 million, $990 million.
You know how much he made after the sale? $3 million. That's how much he made.
He had four co-founders or maybe five, and he raised a ton of money and they sold it. And he made $3 million. That's insane, right? And I think that's an extreme case, but I think there's many cases where you create a billion dollar business and you actually walk away with like 8% of the company which is still a ton of money, but that's a wild experience.

**Shaan Puri** (1:27)
It's like a small ton.

**Sam Parr** (1:29)
It's a small ton.

**Shaan Puri** (1:30)
It's not as big of a ton as people think you get when you make a company that big.

**Sam Parr** (1:35)
Yeah, the numbers change things a little bit, but let's just get right into it, the million dollar one.
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**Shaan Puri** (2:30)
A million dollar one. All right, so you go first for this one.

**Sam Parr** (2:33)
So a million dollars in, is it net worth? Like, and what do we say, three or four years to do it?

**Shaan Puri** (2:40)
Yeah, you got a couple of years to do it. You're gonna make a million dollars in profit.

**Sam Parr** (2:45)
So to make a million, so I think that there, if you wanna make a certain amount of money quickly, you have to ask yourself, is it gonna come through annual cashflow or is it gonna come through selling something, like selling a business? So for example, if you have a business that's earning, let's say $300,000 a year, in year one, you do 50,000, year two, you do 200,000, year three, you do 300,000. That's not gonna add up to a million dollars. However, you could sell that business for maybe $900,000 or maybe a million dollars. So collectively, you can come up with a million bucks.
I think the easiest thing to do would probably be to sell the business if you wanna make that amount of money in a certain amount of time in like three years. What I would do, so first, do you know quiet light brokerage?

**Shaan Puri** (3:28)
Yes.

**Sam Parr** (3:29)
So if I wanna make a million dollars in let's say three years, I'm probably not gonna invent anything new. I'm just gonna copy what works and I'm gonna try maybe not even do it better. I mean, there's almost 400 million people in America. Like I can kinda just figure out someone that already is doing something and copy it, but put it slightly different.