Two Side Hustle Ideas, The Top Trait of Successful Entrepreneurs, Building a Compound with your Friends, and More

**Shaan Puri** (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.

**Sam Parr** (1:09)
Can I pitch you two ideas and you tell me which one you like better? All right, these are two kind of like side hustle ideas that I think could turn into something big, but they're businesses that are not hard to do.
They would immediately make somewhere between 500K to two, two and a half million dollars, probably within a year or two of doing it.

**Shaan Puri** (1:31)
I like that.

**Sam Parr** (1:31)
All right, so the first one is, I'm going to call it baller doctors. What's baller doctors? Baller doctors is you're going to go to med schools all around the country and you're going to put fucking ads slash flyers up and you're going to say, hey, before you graduate, do you want to know how doctors become millionaires?
The average doctor becomes a millionaire in 12 years, I can show you how it's done in five. And you basically host a seminar and you definitely lean into the get rich quick stuff because people are curious, but you build in enough trust, but you don't bury the lead. You're like, look.

**Shaan Puri** (2:13)
Even doctors are greedy. Even doctors are greedy.

**Sam Parr** (2:15)
Even doctors like money, might be the better name for the seminar.
And you're going to host a seminar and basically you're just going to break down the business of most doctors spend all their time with heads buried in books and think about customer, patient care as they should.
But at the end of the day, a lot of these guys want to go out. They want to own their own practice or they want to figure out, should I be joining a practice? Should I go to a hospital? Should I start my own? How do I get the money to do that? How much money does this make? And I think if somebody just made a sort of business in a box seminar where they just explain, look, here's how it usually goes. You put in this much, it takes you this long. Here's a sample P&L with what your costs look like. Here's how you make money in your practice route. Here's how you could do a group practice. Here's how you join, if you join a hospital, here's where you are after five years.
Like, did you know this, by the way? If you're a doctor and you work in a nonprofit, which most hospitals are nonprofits, for 10 years, all of your student loans are forgiven.

**Shaan Puri** (3:10)
You get your money, it's amazing. Same if you're a lawyer, if you're, my sister did it. If you're a lawyer for the government, you get a lot, you get loan forgiveness.

**Sam Parr** (3:18)
Right, so basically you just do like a personal finance slash business crash course for doctors. And you do that all around the country. And then some percentage of those, they actually are gonna go to you for, like you can create, they'll pay for the session or they'll pay for like the upsell. So you might do the session for free. And then you say, by the way, I have like the detailed guide with all of the business like templates in this thing.
You know, plus like, you know, whatever. I got all your docs and templates and it's all fleshed out in detail.