Lessons From Sam's New Business Venture, High Stakes Gambling, 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.
Okay, I just sent you something hilarious.
I've been following this Twitter called Mugshawtys, and it's like a play on mugshots.

**Shaan Puri** (1:18)
And we talked about this.

**Sam Parr** (1:19)
Oh, did we talk about Mugshawtys?
It's so funny. And the tagline is, the tagline is Hope Bay gets bail. And it's Mugshawtys, and it's all like good looking girls who have a mugshot. It's hilarious. It's so funny.

**Shaan Puri** (1:37)
Yeah, we've talked about that because there was a guy who his mugshot went viral because he's got like, he's just like really stunningly good looking. And he became like a model afterwards or whatever.

**Sam Parr** (1:47)
Yeah, I remember that guy. People still talk about him.

**Shaan Puri** (1:49)
Can I tell you a crazy story?

**Sam Parr** (1:50)
Yes.

**Shaan Puri** (1:52)
So have you ever seen, I think this is probably outside of your, your like kind of orbit of what you pay attention to. But have you seen these gambling live streams where Drake will go on Twitch and he'll gamble like 20 million dollars live on stream?

**Sam Parr** (2:07)
No, really? Like a real 20 million dollars.

**Shaan Puri** (2:10)
A real 20 million dollars. Like he lost like, I think 17 million dollars on roulette one night last like two weeks ago or something like that.

**Sam Parr** (2:17)
Is he really that rich that, I mean like if you're 200 million dollar rich, that's 10% of your net worth.

**Shaan Puri** (2:24)
In a night. Okay.

**Sam Parr** (2:25)
That's a substantial amount.

**Shaan Puri** (2:26)
Good question. I had the same question, which led me to some pretty interesting findings. Okay, so I saw Drake doing this and I've seen other popular streamers like XQC and these guys. They do these gambling streams from time to time. People love to see it because they're playing kind of like high stakes online, you know, gambling, and they're reacting to the highs and lows or whatever.
Ben, have you seen this? I think it's probably also outside of your, you know, Mormon orbit. You don't watch these kinds of sins.
Yeah, so. Exactly. So I saw this.

**Sam Parr** (2:57)
This is all on Twitch.

**Shaan Puri** (2:59)
It's happening on, it was happening on Twitch. Maybe some people do it on YouTube as well, but it got me curious. I was like, there's no way this guy's gambling $25 million, $20 million of his own money on these things. And I was like, these streams get so popular. I'm like, this is actually great marketing for the website that it's on. So he's gambling on something called steak.com, S-T-A-K-E.
And so I was like, I bet this is house money that they're giving him in order to just promote the site.
And sure enough, that's what it is. So get this.

**Sam Parr** (3:29)
But is he losing it again? When you play blackjack, you lose against the dealer, right?

**Shaan Puri** (3:33)
The house, yeah. So they're just, like, if I gave you $20 million to come play my rigged game, I gave you 20 million, you lose it right back to me. I get not, I don't know, I'm back whole.
They don't even lose the VIG because they're the house. So they would take that 4% edge or whatever that they would have. They keep that as well.