Sam and Shaan's New Year's Resolutions artwork

Sam and Shaan's New Year's Resolutions

My First Million

January 6, 2022

Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) discuss why Sam makes new year's resolutions, why Shaan doesn't, and what they're focusing on this year.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM?
Speakers: Sam Parr, Shaan Puri
**Sam Parr** (0:00)
All right, everyone, we have a quick ad for HubSpot. Sales super teams aren't built overnight. They require unicorn-level talent, endless training, huge budgets and lots of luck.
Or you could just use Sales Hub from HubSpot. It's an all-in-one platform built with all the tools for your success. Smarter prospecting, check. Faster revenue, yup. Scales with your team, sure does. But in Sam's speak, I'm gonna put it way simpler. Just go to hubspot.com/sales and it will make selling easier, faster and more efficient. hubspot.com/sales.
I would say that the last 24 months of yours have been the best ever.

**Shaan Puri** (0:35)
Yeah, they've been dope, can't lie. And that's great. And I share that because it's okay for things to be good.

**Sam Parr** (0:50)
Let's travel never looking back.

**Shaan Puri** (0:51)
Where do you wanna start? You wanna start with some New Year's Eve stuff and then we go from there?

**Sam Parr** (0:54)
Yeah.

**Shaan Puri** (0:55)
All right, so it looks like you do resolutions or something like that. So tell me.

**Sam Parr** (0:59)
I posted that in here. I don't wanna mention all the numbers, but.

**Shaan Puri** (1:02)
Are you a serial resoluter? Like, do you do this every year or no?

**Sam Parr** (1:07)
Yeah, I do it every, so yeah, I do it every year. And I, so basically I have it into a few categories. It's body, money, mind, adventure, random.
And I.

**Shaan Puri** (1:15)
Where'd you get that from? That doesn't seem like you. That seems like you got that from somebody.

**Sam Parr** (1:19)
I made that up.

**Shaan Puri** (1:20)
Oh, you did? Okay, all right, I like that.

**Sam Parr** (1:21)
Why?

**Shaan Puri** (1:22)
I thought like, I don't know, like Ramit Sethi or some, I thought like that seems just like very frameworked out. I feel like you would borrow that.

**Sam Parr** (1:27)
No, that's mine. That's mine.
And the reason I keep that, I keep that thing at the top of my, of all my notes. So yeah, I'm always using that. So yeah, yeah, I hit it and I usually always hit.

**Shaan Puri** (1:39)
So those again were body, money, mind, adventure and random. Is that right?

**Sam Parr** (1:44)
Yeah.

**Shaan Puri** (1:44)
All right, so walk me through and by the way, do you usually hit these? Cause I think there's this famous thing like January 18th is International Quitters Day because that's how long most resolutions last about 18 days or something like that. It's like 20th or 18th, 20th, 21st, something like that. Most people don't even make it three weeks.
And that's why, you know, resolutions are a little bit, there's something underneath it that's a crumbling foundation. But you seem like an achiever who actually-

**Sam Parr** (2:09)
Yeah, I don't hit all of them. I hit 70%, 75%. I hit most of them. Like this year I wanted to do some athletic stuff, but I got hurt. And so getting hurt was the only reason why I wasn't able to get it done.
But other than that, yeah, I'll get them done. So I'll say them. So body, 12% body fat, 20 minute 5K, 35 inch vert, and then my first real boxing match. Money, I want to hit a certain amount just in index funds. I want to invest a certain amount via my syndicate. I want to make $1 outside of my main core competency.
And I want to understand my spending. Dude, I struggle to track how much I spend each month.
And I want to figure that out. Do you struggle with that?

**Shaan Puri** (2:45)
I don't struggle with that, but I struggle with... I've just learned the value of bookkeeping in this past year. Like now that my business life is a lot more complex, because it used to be all in on one startup. And we had somebody who did payroll, books, manage the books, all that.
And then it was like, okay, then I've had a job before and you have a job, you just get your W-2 and that's it, you go on your way.
And now that I have like multiple businesses and things like this, I'm like, fuck. A bookkeeper is like actually one of the most critical hires because it tells you about your spending and what's money in, money out. But more importantly, it's like prevention rather than the cure. You prevent having problems when it comes to taxis and our cashflow planning because you're on top of things rather than trying to reconcile shit at the last minute.

**Sam Parr** (3:26)
So it's, yes, I agree with all that. It's just hard for personal stuff because it's hard for a bunch of reasons. So I gotta figure that out. And then for mind, I wanna pick one thing to focus on. I gotta figure out a little bit focus.

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