He built a $1M/MRR dinner club app in 2 weeks with 0 employees
Dinner, Money, ChatGPT, and Black Friday - December 9, 2024 (4 months ago) • 01:01:00
Transcript:
| Start Time | Speaker | Text |
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Shaan Puri | I can't believe we just agreed to do public math it's like we only have like 2 rules here 1 don't get canceled 2 don't embarrass yourself by doing public math and we did it | |
Sam Parr | yeah we did it a bunch of times frankly | |
Shaan Puri | alright I got a business that you're gonna love okay so this is a business that in 10 months has gotten to 10,000,000 in arr | |
Sam Parr | I think I know what you're talking about | |
Shaan Puri | okay so it started by this french guy and the business is called time left | |
Sam Parr | yep I had it on my topics list too | |
Shaan Puri | okay so check this out you I don't know I don't know how deep did you go did you go into the backstory or | |
Sam Parr | I know it took a lot longer than it appears | |
Shaan Puri | yeah exactly it's a a multiyear overnight success as they tend to be right you've heard the word the phrase like 10 year overnight success it's kinda like that so I wanna show you some things about this guy so the first thing is this graph here's the revenue graph and if you're listening on audio you should go to youtube so you can actually see what we're showing because it's way more fun and you can also see what we look like and by the way I'm sean this voice this is sean the indian guy sam talk you're the white guy you should talk now | |
Sam Parr | it's like they think that I would talk like a white like alpha jock because of the way that I look and I talk like an indian nerd and they think that you would talk like an indian nerd but you you talk like a white bro alpha jock so | |
Shaan Puri | exactly and we need the record to be to be clear on that okay who's who alright so check this out so this is the revenue graph already impressive you could see it kind of starts super super flat and then gets to now you know over $1,000,000 a month that the this business is generating and what does it do | |
Sam Parr | what what what month did it describe that graph | |
Shaan Puri | okay so this is basically if you start in january of last year it's like 0 you get to january of this year and it's still you know the arr is still under I don't know standard care or something | |
Sam Parr | like that tens of 1,000 maybe a | |
Shaan Puri | month exactly and now as of october november it's over a $10,000,000 annual run rate it's it's crossing 12 and a half million and so in 10 months to go to do greater than 10,000,000 in arr is great he says he said it took 7 months to reach 1,000,000 and then and then another 7 months to get to from 1 to 10 right so so crazy growth okay so what's growing like crazy what is what is this business even so time lift is a business that is just gets people together for dinner it is a solve for the loneliness epidemic that is everywhere and so if you go to their website it just says every wednesday night strangers meet for dinner book your seat and meet 5 strangers over dinner all matched by our personality algorithm algorithm book your seat and in you know hundreds of cities every wednesday people get together for a dinner with a bunch of strangers that are kinda curated by this by this app and so you pay something like 20 ish bucks a month to be a part of this club be a part of this supper club and every week on wednesday they're gonna set up a dinner and then you go then you pay for the dinner separately while you're there they book the restaurant they book the table you show up and it's supposed to be a bunch of other people that you should find interesting or get along with and then and then you split the bill at the end | |
Sam Parr | and they claim product and they claim that they have an algorithm where it's like you are you logical are you more emotional are you this are you that that helps match | |
Shaan Puri | yeah roughly what age are you are you you know kinda single and looking to mingle like kinda what what what are you all about and you say you take this little quiz and you do that now the back story so I first I found it pretty fascinating that this business which is so simple a dinner club with strangers is scaling so well and this is not a new idea obviously like people have been doing this not even as a business for a long time I remember when I first moved to san francisco I used to use this app called I think let's lunch it was called and it was same idea every you would just agree hey I'm down to get a lunch with a random person who's also in the tech industry and I used it when I first moved there and I knew nobody I used it to meet some cool people and it's kind of a hit or miss first date without the romance | |
Sam Parr | do you remember grouper before that I loved grouper grouper was my favorite it was you and 2 friends go on a group date with 3 other ladies and they tell you where to meet and you have a you have a blind date a 3 way blind date I guess a 6 way blind date | |
Shaan Puri | right okay so now here's the backstory that I find interesting so let me just get you interested in this guy and I know that there's really only one way to get you interested in a guy do you know what I'm about to show you | |
Sam Parr | what's his calves look like | |
Shaan Puri | I'm gonna show you a body transformation | |
Sam Parr | there he is | |
Shaan Puri | I'm gonna show you what this founder looks like without his shirt on alright so not only did he transform his business in 10 months I think this is also like a 10 month body transformation where he went from the skinniest he ever was | |
Sam Parr | did he have was he sick | |
Shaan Puri | he was trying to run a like ultra race or whatever so he got to like less than 10% body fat and then he was like cool now I'm gonna try to become the strongest I could ever be and in 10 months he kinda transformed his body too so this guy is pretty fascinating before doing all of this so here's here's his story so this guy starts out and he's a nightlife promoter which ding ding ding is a bit of a pattern Scott harrison from charity water before he you know went to save the kids in africa nightlife nightclub promoter in new york there are several people who have this same sort of background story before they make it so it starts off as a nightlife promoter then he's he's decided to start a media company and so like you like I did we start he started a media company now his media company was the the twist was I'm only gonna say good news because the news is always bad news if it bleeds it leads instead I'm just gonna tell uplifting good news stories every single day and they did it he grew the business to 90 employees sold or kind of got acquired by this larger french broadcasting company and went through that whole process | |
Sam Parr | what was that called | |
Shaan Puri | it's I think it had like it's called buzz like buzz something millennium buzz something like that I don't know I don't know the exact name of it and they and he's written about it because they got acquired and they merged but they had this horrible deal structure it sounds like which was it was a 3 year earnout but the way the earnout worked was year 1 we're gonna make all these changes and invest in the business year 2 we're gonna continue with those changes and invest in the business it's gonna be losing money and then year 3 if it hits if it performs you get this big payout | |
Sam Parr | right | |
Shaan Puri | and if by year 3 we haven't done that thing you get nothing and he basically that was too aggressive of a plan too too risky they did not hit the 3 year plan it's kind of a messy divorce he gets ousted by the majority shareholder and he basically walks away with nothing it sounds like I don't know the exact details but it it didn't end well for him I think they ended up settling and he got a little something out of it but it wasn't the thing that he wanted out of this whole thing okay and this was after creating kinda like this video first online only news company that was doing 100 of millions of views a month and he was getting excited that hey we've we've built something here that's the future and this this traditional company was buying them and it you know 1 + 1 is gonna equal 7 right and it sure didn't so he goes through that experience and he says okay he gets the settlement so he finally leaves and I think he's got you know some money but he's got a lot of time and so he goes and decides to travel now this was right when 2020 happens covid hits and this guy basically while everybody else is locked at home he's traveling solo he planned I think to travel for 30 days solo and it ended up being 700 days because he was like covid happened he's like well I I might as well just kind of travel around to different different you know locations anyways and I'm being boarded up at home | |
Sam Parr | how old is he | |
Shaan Puri | he's I think 30 years old at the time and so he something like this 30 something years old early thirties he during this time he's posting on social media he starts getting some pushback and people are like dude like there's a pandemic going on I'm stuck at home a lot of people are kinda miserable right now and you're out here posting pictures of you on a beach in australia or scuba diving or doing these like kind of fun exotic solo travel things and so he meets somebody and a friend suggests to him hey you should you should do a little shake up you should have coffee and meet with a 100 strangers do a 100 coffee meetings with strangers so he does and he does he accepts the challenge he does a 100 coffee meetings and something that happened in that changed his life he's meeting with these people and what he realized is that the common denominator amongst 100 strangers was like man what stood out to him was I meet these people and I ask them what they're excited about or what they dream about and their dreams have been snuffed jeff probst at the tribal council has snuffed their torch basically they've forgotten how to dream they've been suffocated by everyday life and they don't really even have like a compelling vision or dream for themselves and so he decides to make his own bucket list and you could see his bucket list on his home page he got a 100 things he wants to do before he dies what's his name I've seen barbier I think is how you say his name french guy and if you go to his blog his daily max you could see a 100 things that are on his bucket list things like swim naked in the ocean number 1 crossed out participate in a protest do a live dj set at a festival you know things like that so he's got this reach 12% body fat he's got this bucket list for himself he decides he's gonna make an app so he says okay I got it I got my new company my new company and this is kind of like idea 1 in 2020 he says I'm going to create a app that lets people create their bucket list so create and share your bucket list so he sets out he draws the wireframes he finds a coder he hires a guy they make the app and people upload thousands of their dreams to this but kinda goes nowhere after that so he says okay strike 1 | |
Sam Parr | alright my friend so a lot of you guys who listen to the show you listen because you wanna start a company but you're not sure what idea to choose or you may not even have an idea and you like our podcast my first million because we've done a lot of the work for you on researching all these business ideas well my friends we've made life a lot easier for you because hubspot they just put together an entire list of all the resources that you can use to find a market opportunity to validate for your next business idea so if you're looking for a market size calculator or tools to identify market trends or a huge list of ideas to get started so if you're interested there's a link below click it and you can have access to the whole thing it's completely free now back to the show | |
Shaan Puri | so he says okay maybe I'll try something different you know what was the problem with this one I I got people to create a bucket list but they're not doing anything what if I connected people over their dreams so it'll be like tinder for bucket list and so now this is 2021 so year 2 he says I'm gonna make a dating app that's not dating meaning you say what your dream is I say what my dream is if if I swipe right on a dream and both you and I share that it'll connect us over our shared dream and maybe we could actually go and do it together right so that's aspirational people message but they don't actually go do anything | |
Sam Parr | and this is still under the same all under the same name of time left | |
Shaan Puri | yeah oh I should explain that so why is it called time left it's called time left because when he did was traveling and recharging his batteries after that acquisition and the kind of messy divorce and the settlement he ends up doing some math and he goes okay I'm 30 I forgot he's 36 years old or something like that I'm 35 maybe he goes so if I'm gonna live till I'm 80 and he did the math he goes I have 600 months left in life and he goes that's my time left and he read that blog post on wait but why yeah which was your life in weeks where it kinda prints out a poster that visualizes the number of weeks left and he did he he created that he put it on his wall and every week he would take a black dot and he would mark out 1 week gone and he just had this urgency around himself about how much time do I really have left and what do I wanna do that's what spurred the bucket list thing that's what wanted other people to realize how how little time they have left and he loved that quote which was I I forgot who says the quote but it's you know every man has 2 lives and the second begins when he realizes that he only has 1 | |
Sam Parr | does this stuff inspire you as you're talking about this I can't decide if I am like all in or if the old man in me is is like that's a lot of work but like I'm pretty sure I'm like 60 to 70% on the side of like this is inspiring I I need to have a bucket list | |
Shaan Puri | yeah I get what you mean it's like I saw these kids that were like skateboarding and doing tricks by my house and I was like this is awesome this is great look at what they're doing they're having so much fun they're doing their thing and then I was also like kinda out of breath from watching and I was like oh okay yeah I should probably just move along with my days you know it is a lot of work to do | |
Sam Parr | with stuff his list is full though inspired by yeah like he wants to go for a run around paris he wants to get his boating license some of these aren't crazy but then he's like I want a world record so | |
Shaan Puri | by the way sick thing for personal lives I'm gonna steal this put this on my site which is write your bucket list and start crossing them out publicly on there I think it's great and he links to the story behind each one once he does it | |
Sam Parr | it's great | |
Shaan Puri | so anyways he's he names the company time left because he realized he's got about 600 months left in life and he starts doing this bucket list thing bucket list doesn't so app 1 buck create a bucket list fail app 2 connect people over shared dreams now they can message each other also fail now it's year 3 and he says okay here's what we're gonna do I'm gonna connect 2 people so you have the same you wanna do the same activity I'll actually like connect you and get you to go do the thing in real life let me get you off your phone the whole. Is find somebody to do the thing with and it starts off okay but then he realizes that women don't feel safe doing 1 on 1 stuff with strangers right so this is kinda like why grouper worked so that's 2022 another year no traction 2023 he says okay forget the 1 on 1 small groups doing an activity in the city you love and he gets small groups together and he has one feature on there which is like you upload a photo of who you are so that you when other people are trying to create the group they can just check you out before they do the thing trying to make people feel comfortable but what you realize is talking to users as soon as you put photos in the app they thought of it like dating even though it wasn't a dating app | |
Sam Parr | yeah | |
Shaan Puri | right and the people immediately wanted to gravitate towards certain people they started judging people it's like this is not at all what I wanted to do so 2023 goes by 3rd year of no progress | |
Sam Parr | but he can't cross off have a winning app on his bucket list you know it's just sitting | |
Shaan Puri | there uncrossed uncrossed 2024 this year finally he hit he realizes okay this company's called time left well I got 9 months of cash left so now cash left is sitting there realizing this doesn't work he had raised $2,000,000 initially back in 2020 for this idea nobody wanted to invest anymore so he said I had an honest conversation with myself and by the way so many success stories start with this I had an honest conversation with myself he says do I want to continue and if I do want to continue more importantly what do I no longer want to continue doing and so he realized he made some rules he goes I want to do an idea that I can launch in 2 weeks or less without any technical team so no co no coders needed and I can launch this thing in 2 weeks number 2 I wanna actually make some money it's been 3 years I've made $0 in the lifetime of this company I wanna make some revenue and he goes 3 I wanna have it be a group thing connecting people over an activity but it's gotta work without photos meaning I can't have it be where people want me to check out the other person to be willing to go do the activity so he comes up with this idea of time left as dinners with strangers so in 3 weeks he launches this thing it's the first time left dinner there's 4 tables of 6 people that he launches with on that wednesday in his city and he makes $110 and at the time he does it with just he makes a typeform so it's just a form you fill out using typeform off the shelf a whatsapp account that's how he coordinated all the dinners and a stripe account for how you pay and he was able to spin that up in 3 weeks and he was doing all the matching manually for 3 months so he himself was the algorithm no code he was just figuring out who should I put together at these dinners that I think will work and then he starts to move it to low code and eventually he's getting 300 people together every wednesday and he makes $20.20 but he does the math he says alright I still don't have a lot of cash left here I'm default debt I'm dying slower than I was before but I'm still gonna die unless I figure out how to do this in a more in a in a more scalable way so he quickly builds a simple app and he makes one shift he goes | |
Sam Parr | does he have any employees | |
Shaan Puri | it's just him and a cofounder and so he goes I'm gonna figure out how to do these without having to book the go visit the restaurant in person because what he was doing was he was doing this in his city and he was checking out each restaurant himself he says I gotta figure out how to scale this so he takes a leap of faith he says we're gonna do this without without doing that that pre step we're just gonna book the restaurant book the table and see what happens | |
Sam Parr | do they have like I guess like an automatically use like a handful of like popular booking platforms or something like that | |
Shaan Puri | yeah you know opentable type of things to book these restaurants and so he does it like that it works on that wednesday he says holy shit this is gonna work so now he starts opening up more cities not just his city that he's in he's like I could do this without geographically being in the place I was being too precious about that that was a sacred cow that once I slayed that sacred cow oh the the the ceiling for my business you know got removed and I could explode this thing so now he opens up hundreds of cities | |
Sam Parr | how are people hearing about it | |
Shaan Puri | ads so he's he's advertising about it and people are talking organically about it and he's getting a ton of free press so he's been written up in 400 free press outlets because the narrative fits the the the the zeitgeist of today which is that people feel that people are too alone they're too depressed it fits the trends of people you know not getting married it fits the trends of people being sad after covid people being incels of all this stuff right there's all these other stories that you could piggyback and news jack on and and on top of that it's just a feel good mission right I'm getting people together in person not on social media not on their phones but actually in real life | |
Sam Parr | listen to the ad | |
Shaan Puri | it's working | |
Sam Parr | the ad from facebook it says dine with 5 strangers all matched by our algorithm every wednesday night in your city it's all it said it it's nothing | |
Shaan Puri | very simple and if you go look at their tiktoks go look at tiktok content about them it's really cool you could see what's going on and so in 1 year now he's exploded this thing so it's now in 300 cities it's the app is translated in 18 languages he's got 70 employees that are all ops people organizing thousands of dinners 18,000 dinners a week they have to plan | |
Sam Parr | what | |
Shaan Puri | he did you know over $1,000,000 by november their ig exploded they now have a 1,000,000 ig followers written up in 400 articles and the reason why he says is because I tapped into a simple universal multicultural need people want to get together and they enjoy eating at a restaurant and I love the way he talks about this by the way he goes I realized that dinner is a technology that if I wanted to get people together to actually have a good time dinner is a piece of tech that just works it makes that whole meeting new people thing just work because we all know how to do it already it's an activity every every single person knows how to do so there's no skill required it has a natural flow that we're all familiar with it has a natural start you know beginning middle and end and at the very least you're gonna break bread and eat good food at the very best you might actually meet a couple of cool people that you wanna have you know ongoing connection with you've met some cool cool people in your city and how amazing is this dude how amazing is this business | |
Sam Parr | this is great how did he hire I'm looking at his jobs page how did he hire all these people that fast | |
Shaan Puri | he's he's like I'm hiring every week I'm hiring people I'm interviewing everybody myself and the the job is pretty simple which is like it's all ops it's all ops and user experience so he's like you know we take the dinner and we try to break it up into moments a dinner is not a single thing a dinner is like Scott harrison said on this podcast it's the moments between the moments that matter so you think it's just about the dinner well break the moments down so there's the greeting the sitting the connecting initially getting to know each other the sharing of information and food there's the bill and the awkwardness of the of that at the end and he's like basically how can we make each one of those steps a little bit better and if we could do that we can make the user experience better we don't measure clicks and daily active users we measure you know know how many people had a great dinner this week and that's the the the kpi | |
Sam Parr | will this last | |
Shaan Puri | yes I think this will last I think that some ideas just take like the time when the time is right the time is right so in the same way that calm the meditation app went from this kind of fringe behavior that not a lot of people were gonna do it seemed like outside of the mainstream you know we all had a buddy who meditated but like you know it wasn't a behavior everybody did and then only when we all got too hooked to tech technology did the need for calm breakthrough and all of a sudden calm headspace and these apps became mainstream and I think that this like getting together with strangers thing people are lonelier than ever they're more addicted to their phone and technology than ever and you know whether it was covid or it was other things that that accelerated the need for something like this to exist and so I'm a believer in this I think this is like the new meetupdot com I think this is gonna scale and I think that you could build a kind of ritualistic thing and I think there's gonna be a lot of churn in this business but it's a huge tam everybody needs this and it's inherently viral you're gonna tell people you were doing this | |
Sam Parr | well it's it's they're charging now on a monthly subscription it's not a month it's not gonna be a monthly subscription business but it's still gonna be an awesome company I think I think their branding is fantastic too | |
Shaan Puri | yeah exactly I think this is like an inspirational company that a lot of people are gonna rally behind and you could see like that's why the traction is what the traction is | |
Sam Parr | I went and read a bunch of reviews on reddit they're overwhelmingly positive people love it they'll say like we met up I was so awkward and uncomfortable at first but we hit it off and it it was great but then what they said was after their dinner let's say their dinner went from like 7 to 10 pm at 10 pm they said that there was like I guess there's 8 people at dinner so there must have been 10 other dinners happening in that city that night because 70 other people met up afterwards at the after party that was also arranged by brian love and they were like it was a little too crowded but it was awesome like I got to meet these people and I ended up leaving early but I had a fantastic time and then there's even I we have a text group now and there's even an after after party where people were hanging out till 4 am and I'm gonna do it again and so it sounded like people absolutely loved it | |
Shaan Puri | yeah exactly and this is a big city problem like dude it's so hard to make friends when you become an adult like once you're out of college you don't really realize this till you leave college but you're like man my number of new connections that I just get to stumble into per week drops dramatically because you're at home you know alone or with a couple of roommates you have work which is a static number of coworkers and then you might go to like a bar or go to a you know go to some place where peep you don't people it's not clear that people default want to meet you and it's so different than when you're in school and I think that yeah | |
Sam Parr | but that | |
Shaan Puri | really shocks a lot of people | |
Sam Parr | men just like won't talk to anyone I was reading this thread where it says like what's something that women should know about men that that would surprise them and the top comment was most men never get a compliment and I was and I thought that was pretty funny yeah in their life it's always saying a story about how you know they're with their boyfriend or something and someone else just like said they smell nice or I don't even remember just some like random compliment and the guy was like very affected and the woman was like why why are you like that he's like I haven't had a compliment in like 8 months like no one said anything nice about me in so long and then so it's like complimenting should | |
Shaan Puri | we change the | |
Sam Parr | world right now you look great today | |
Shaan Puri | should we create should we create yeah exact thank you I love your love your jacket love your inspector gadget outfit oh wait I did it wrong should we just start like you know a you know like a no november should we start a new trend should we pick a month and it's basically just bros complimenting bros | |
Sam Parr | yeah yeah | |
Shaan Puri | and it's like hey every day your job you gotta you gotta give another guy just a solid compliment | |
Sam Parr | yeah we're we're caught up way | |
Shaan Puri | a one way flight to feel good and and that's that's what that's what what month has like nothing going on | |
Sam Parr | just just just a bunch of guys being dudes every may | |
Shaan Puri | yeah the march of men it's like yeah here we go every march every day 30 days gotta give another guy a compliment | |
Sam Parr | that's actually a great idea | |
Shaan Puri | this is also what I wanted to do with like you know people were hosting these mfm meetups in every city this is kind of what I wanted this to be which is like I would love it if we could do this with like if we could basically have time left create like a you know an mfm an mfm button or whatever or like a or I don't know somehow somebody create this for for our listeners which is like if it was you know on the first of every month and it's always on the first of every month there's a dinner in 100 of cities around the world where you're gonna meet with you know 5 other people 6 other people who listen to the podcast | |
Sam Parr | we're gonna have to call it like more than a nod because that's basically like my interaction with most every man ever is just a nod and it's like so are are we gonna are we gonna do more than a nod to each other now is that | |
Shaan Puri | yeah yeah exactly the nod is is pretty effective to be honest this is I see you | |
Sam Parr | yeah it's just a nod | |
Shaan Puri | I see you and I respect you | |
Sam Parr | yeah can I ask you a question about your weekend you I have a strong I have a strong opinion about something but I have nothing to do with the industry and you do how is you are working in the ecom world was black friday and I guess cyber monday is still for you miserable or awesome | |
Shaan Puri | well for me now I have a full team in place so it was awesome I didn't have to do a thing I didn't I just looked at the app and I said wow that's a that's a great number right there I was not respond I was not on the you know it's like the perfect thing I'm not on not on the hook for the inputs but I get the outputs now to be clear I sweated this business for you know 3 4 years to be able to get to that spot but like now it's great before that I will say very stressful and it's stressful in the same way that I don't love birthdays I don't like forced fun and I don't like high expectations based you know events where it's like you you need this to go well you want this to go well seems like it's going well for everybody else because you'll just see screenshots of people just crushing it and I remember in the 1st couple of years I was so underwhelmed and disappointed by black friday which was a combination of me not knowing how to do it but really when you start a like black friday is basically people who already know about your brand who kinda wait around for discounts who like your brand to come back which for a new brand you just have a very small pool of people that already know and care about you that want to shop that are you know have been waiting to shop with you for your discounts so the first couple of years just sucked and now it's amazing now I get why they call it black friday you know why it's called black friday | |
Sam Parr | yeah let me tell you the the the background really quick but basically in the seventies originally black friday was negative it was called black friday because for some reason there was a what was it army versus navy football game | |
Shaan Puri | it was it was the the philly police called it black | |
Sam Parr | friday because | |
Shaan Puri | they hated it they hated the friday after thanksgiving | |
Sam Parr | this is the day that all the bad people come in town and it's just gonna be crowded and then retailers also use black friday because they're like this is when our employees never show up because it's day after thanksgiving like black friday sucked and then like in the eighties or nineties you know it kinda got shifted to where black friday now means we're gonna change it from this is the your business your retail business is in the red meaning you lose money all the time this is the one c the beginning of the season the 1st day of the season where you're gonna switch to black and you're finally gonna make a profit for the quarter | |
Shaan Puri | exactly exactly they they they split they flipped it on its head right they they they lemon since lemonade it where this this bad day where oh there's gonna be a huge rush in the city everyone's gonna try to do their shopping at once it's gonna create traffic then there's gonna be a bunch of drunk people because of the game and they turned it into this like shopping event now that the retailers love | |
Sam Parr | and then in 2,005 it can sort of there was like a trade group that included like Google and amazon and a few other other online retailers they said hey this black friday thing like that's that's pretty good but like we need our own thing and they come up with cyber monday and so they like collectively agree to do cyber monday together and then once amazon gets even more famous and more big they kind of are like you know pushing it forward to where cyber monday is huge and now all the other retailers are are doing it but as an outsider my opinion and and it's not entirely rooted in data other than there are there are numbers where like if you discount something like you know 20% and you only have a 40% gross margin you gotta sell like 2 times as much if you discount it 30% you have to you know sell 3 3 times as like the stats are pretty crazy how much more you need to sell for each 10% discount but from an outsider I hate black friday like I just think that it like ruins people's brands like to me like everything eventually is gonna turn into j crew where it's like I only buy it when inevitably they have their 50% off sale | |
Shaan Puri | well actually it kind of works the other way which is every brand wants to discount but doesn't wanna dilute the brand why do you wanna discount you got too much inventory left over and that's just cash that's tied up sitting on your shelf maybe it's expiring maybe it's just out of season but it's definitely cash that's tied up in inventory so every brand is not perfect with inventory that's the first problem the second is if you you wanna juice your numbers so if you have a way to juice your numbers you would love to have more revenue more profit if you could the problem is if you just start discounting you sort of train people to to shop with discounts like you said the beauty of black friday is it gives every brand air cover it says alright we're all gonna do it I'm not less of a premium brand because I'm doing this right I'm gonna join in and so you get the kind of middle set of brands right you know in every like category you're gonna have the low end that are always trying to compete on price they're always trying to lower the price they're always trying to discount they're known as discount brands you have the mid tier which is trying to find that balance between still value still a value purchase but maintaining some brand premium | |
Sam Parr | would you say that's like a that's like a j crew | |
Shaan Puri | I don't shop j crew so I couldn't tell you anything about j crew but that's like a nike for example right got it nike is not louis vuitton it's not truly luxury scarcity but it's also not trying to be 32 degrees you know the costco athleisure wear brand right and so you you have that middle group and that middle group they want to participate in a black friday because it gives them air cover to do the discounts like the cheap brands without being seen as a desperate cheap brand because it's like well today is the day we all do it right and so I I think it's really important for them and then you have the luxury brands who can go the other way and they could say 0% off in fact it's 10% more expensive today right because they're gonna use this as a branding moment they're not gonna sell high volume anyways so they use this as a moment to reinforce their position as luxury so it kinda works for everybody | |
Sam Parr | I think I'll prefer the last one I like I would hate to have to do this I've been friends with you and I've been friends with you know dozens of other people who have startups in the ecom space not established yet brands some established but in like their fridays are miserable and it seems like their entire year kinda is made makes or break this 2 weeks does that seem like accurate | |
Shaan Puri | it is for a lot of people it's not that's not the case for us like I saw somebody who does their like 50% of their revenue for the year in this like 8 weeks sprint or 6 weeks sprint between you know black friday the start of your early black friday sales to the christmas shipping cutoff by the way can I give you 2 funny things what one is jack butcher used to do this great reverse black friday sale do you remember this | |
Sam Parr | he always did some crazy stuff he's great man he's an artist what did what what which one are you doing | |
Shaan Puri | artist and he knows that kind of that positioning and positioning is all counter positioning meaning you position yourself relative to the position of other things that's how positioning works it's all a relative exercise and so he gets that and so what he did was I think he had like a course or something like that and he would do a reverse black friday sale where he would start the price at a certain thing and then they would just go up in the like 2 weeks leading to black friday every day the prices are gonna go up so if you wanna buy it buy it now because over the next 2 weeks prices will go up every single day and it wasn't even really that that was that effective of a sales tactic but it's like rather than do nothing or dilute your brand he decided to use it as a branding moment which I thought was cool we also talked about the I don't know if it was brooklinen who started this but it was the the old leaked email tactic | |
Sam Parr | well I stole I I did it and I stole it from chubby's did they also steal from brooklinen I | |
Shaan Puri | think they also stole I think they also stole it I've seen like a ton of people do this same yeah trend but we talked about on the pod | |
Sam Parr | which is the beneath brooklinen | |
Shaan Puri | but but most consumers don't know they don't care they don't they have no idea they fall for it right that's kind of the? Which is you send this email out to your user base that looks like it was supposed to be an internal email where someone on the marketing team is like hey just doing the testing final testing for black friday I have it you know the the code is x you know go test it out and see if it works and then you send a follow-up oh my god whoops that was not meant to send to everybody but we're gonna honor it they're not fired yeah or or you know whatever we'll deal with jacob's you know mess up internally but but you know whatever have at it well we're gonna leave it up for 24 hours and then people go crazy because they feel like they got access to a leaked discount code and it works by the way I did that too it was super effective | |
Sam Parr | I did it in 2019 yeah right before we sold about a few months before we sold and I did it in 19 and we did it for trends.co which was a digital product which is like the best black friday deal ever I don't have to fulfill anything and it's 100% profit and I don't remember exactly but we made something like $1,000,000 in profit in one day | |
Shaan Puri | from that email so you love black friday what the hell are you talking about | |
Sam Parr | well I guess like if I were to own a brand now like a like a a a particularly I think by friday is mostly clothing or furniture something like a like a normal retailer I don't think I would do it but I would be tempted to | |
Shaan Puri | you're like those people who live in a gated community with 12 foot fences around their house and then want like an open border it's like bro you your house doesn't even have an open border what are you talking about it's like you're like oh I hate black friday after you like you know totally leaned into black friday and did the like yeah | |
Sam Parr | once I got | |
Shaan Puri | rid of all of them | |
Sam Parr | I was like yeah exactly | |
Shaan Puri | it's dumping beneath me now | |
Sam Parr | yeah oh you used to do that yeah no it's I I do you did you buy anything yesterday | |
Shaan Puri | no and by the way I found it so funny there's a great meme that was like thursday everybody's like I'm so thankful for everything that I have and I just feel so full my cup is so full with all the love and and everything's in my life my life is so so full I'm so thankful for everything so grateful and then friday you're like I need more or shit I don't have any I don't have anything I need a I need you know how much stuff I need right now that I don't have it's like literally the clock strikes 12 and everybody's attitudes flips | |
Sam Parr | dude you wanna do it alright you were talking about challenges how about this challenge what if you try to go 1 week so 7 days without spending a cent on a consumable so like your mortgage or rent is okay daycare is okay but like coffee food but like no it has | |
Shaan Puri | to be like out | |
Sam Parr | you can't eat out you know you can't eat out it's just like what you bought the week before at the grocery store you think you can go 7 days without spending a cent so you can't buy anything extra | |
Shaan Puri | can I absolutely will I absolutely not | |
Sam Parr | I think I'm down I wanna do that as the mfm challenge we you know we we a whole week of not buying anything they do you know dude look quick people do fast we gotta do a money fast | |
Shaan Puri | I'll tell you what I wanted to do that you're not I'll tell you where I'm gonna get your butt to clench so I was pretty inspired by burning man and everybody you've never gone to burning | |
Sam Parr | man have you | |
Shaan Puri | no but I'm just it's like it's like a movie it's based on a true story so everybody if you live in san francisco people will make you nauseous telling you how amazing burning man is and what they're trying to do is convince me to go but what they don't know about me is I'm like a cat where the more you try to pet me the further I run away so you telling me to do something only makes it less cool in my books and so by this at a certain? I was like I'm definitely just not going why because I'm stubborn you're dug in I I am what the what the french call dug in and but I was like oh what's cool about it and I was like I do like the idea of like you go to this deserted place you basically build a town it's all barter and free love and you know all that good stuff and then they burn this thing at the end and it's sort of symbolic in this way and I thought what's my version of that and I came up with this idea and I pitched out at this dinner and this this guy was like that so here was the idea I go we should do a money burn I was like so much of our life is based around money and wanting money and this attachment to money and people have unhealthy relationships with money and money has this power over you and I felt it on me money has a power over me it gets me to do what I don't wanna do sometimes it gets me to act in ways that are I'm ashamed of sometimes it gets me to it just takes up so much of my mind space that it really shouldn't that that portion of my mind could be used on other things but but money has this power over me I go you know what we should do once a year we should do this thing where you take some amount of money then for everybody it's different you come with an envelope and it's an amount of money that hurts you to burn oh my god and we burn it and I was like think of a how it would feel b what it represents c how polarizing and how angry this would make people how much how much news and buzz this would create and how much of a conversation this could create I go imagine if the the sort of like tech head up their ass you know elites in san francisco do the the most obnoxious thing possible they go and they literally light money on fire and they say they're doing it for this reason but it's gonna piss off a bunch of other people it's gonna inspire a bunch of people I was like this is actually a tremendous idea and my friend was like dude this is one of the best ideas you've ever had I'm hooked | |
Sam Parr | who which friend said this is a good idea I I have to make sure I never listen to their opinion ever again | |
Shaan Puri | I'm not I'm not gonna say their name because I don't wanna out them on this but they were like and for years every year they text me the same thing when are we doing the money burn and I don't do it because I'm like I literally already feel anxiety over that idea of like taking I don't know $7,000 and just burning it just some amount of money that would feel horrible to to burn like what is that minimum charge | |
Sam Parr | you gonna say that you're willing to burn $7 but I'm just saying don't spend like a $150 in 1 week on coffee | |
Shaan Puri | well because I think it's like if I'm gonna do it might as well do the more dramatic impactful version of it you know what I mean like how good of a story is it if I'm like yeah and then for 1 week I didn't drink coffee outside the house like nobody gives a shit right it's like okay it's like doing a fast where you still eat sandwiches like okay well that's not really that impressive so if I'm gonna do something I'm gonna do something that's makes for a better story than your like consumables fast which is not catchy and not not buzzworthy and not bragworthy | |
Sam Parr | yeah I mean that sounds like a horrible idea but I think you should do it I I would love | |
Shaan Puri | to watch there was the money burn would you do it | |
Sam Parr | no but I would love to watch you do it what | |
Shaan Puri | yeah I'm still too scared to do it alright let's move on | |
Sam Parr | you wanna do one more topic | |
Shaan Puri | yeah by the way I did a great chat gpt prompt about black friday just wanna share this prompt prompt hack prompt hack is so I go to chattgpd and I'm like hey tell me about black friday the origin and anything interesting blah blah blah then it's like the fill philadelphia police department did this thing right so me and you both did the same thing here's the prompt hack then I went and I said it it said something about the macy's day parade I go tell me about the macy's day parade as if you were malcolm gladwell teaching me about it what would he say because I just like use malcolm gladwell as this like yeah guy who gets interested in the things that we all overlook or the the the things we've all like already accepted and then turns it into like a bigger story so he goes so it just goes a tipping. For american consumer culture and he talks about how the macy's day parade was started by this immigrant and how it was the employees that were dressing up almost like clowns and cowboys and knights they borrowed live animals and malcolm would say this is how all great great movements began messy grassroots and deeply personal and then it talks about how each symbol of it right like the balloons or why the balloons were a genius thing over the live animals and just using this how malcolm gladwell would explain x or you can you know switch out malcolm gladwell but you can be like richard feynman how would he explain this scientific topic it's such a prompt hack for chattpt it makes chattpt talk to you in a different way | |
Sam Parr | our friend sahil he had a tweet and he said what's the best one shot prompt that you've made in the last 30 days it could be for a recipe a front end developer an image generation the more specific the better the best answer gets $1,000 and it's all these pretty good like prompts that people have submitted that were amazing like the simple one that I actually liked which is based off of everything that you know about me suggests 3 to 5 books that you think I'd enjoy reading | |
Shaan Puri | it | |
Sam Parr | was that was pretty good and I went and did that and it suggested a book that I'm going to start reading another one was you are a lawyer that specializes in working with startups please review this legal document that was sent to you by your client and summarize each section in plain english and determine if that's good or bad for me that's actually a pretty good one too but there's like | |
Shaan Puri | this is good today has been chaos ask me questions to help me figure out what to do next don't stop asking until you are fully sure you have all of the context of my situation and can generate an actionable plan for me I use chat gpt this way too I use I tell chat gpt often to ask me questions so say I'm your role is this I'm trying to figure out x I don't know where to start start asking me questions and don't stop until you feel like you have enough necessary information to give me to give me useful advice or ask me question I just I keep saying yeah ask me more questions I'll answer parts of their questions along the way and it's such a useful thinking tool this way versus just searching and getting an answer if you try to say hey how should I do x it's gonna give you a generic answer but if you say ask me the questions that you would need if you were my coach who has tons of experience in this subject in order to get me to figure out the answer to this it forces you to think about it better | |
Sam Parr | are are there like deep questions it could be like marriage advice or it could be like what do I do with my life advice or like I'm struggling with this person help me solve it like things like that | |
Shaan Puri | yeah because any of those any of those personal things I've used it with tax things because if you ask it a tax question or a legal question it'll give you a generic answer but there's high risk right like it doesn't have all your context because you you don't know how to give it everything you need so it just gives you kind of a general answer which could be totally misleading when it comes to tax or legal but instead I say here's my situation ask me the questions that you would need to know if you were my lawyer so then it asks me the question then it at that. Now it has the context then I say give me an informed answer based on what I just told you and then it knows well you could do x but but since you said you're incorporated here blah blah blah right and it it can give you a smarter answer that way | |
Sam Parr | oh that's pretty good have you used it for any other prompts that like are helping you solve like just like life problems where it's like a like a therapist would help guide you or like an executive coach | |
Shaan Puri | yeah I use it I tell it it's my coach or it's my therapist or it's my strategist or it's my analyst and then I'll either you know ask it the questions or I'll tell it to ask me the questions by the way that's one of the useful things about chatgpt is tell it the role upfront so the prompt structure that works is role goal and then I think context and so you go role you say you are my research assistant your job is to find examples that support the ideas that I'm gonna present you goal I'm trying to write a really persuasive blog post about x so I need to come up with great examples and counterexamples and then I'll give it the context the context is blah blah blah and then it knows the role it knows the goal and then it has the context in order to actually do the job | |
Sam Parr | dude that's amazing I love chatgpt | |
Shaan Puri | that's why I got my ai tutor every every week to teach me how to actually use these tools better | |
Sam Parr | I I have a friend that works at openai and apparently he was able to sell some of his shares and he was like do you remember when I told you I was starting to work there and I told you like if things go well how much money I think I could I could make add a 0 to that and that's how and that's just a percentage of the shares that I sold to achieve that number | |
Shaan Puri | wait can you say like roughly the roughly the level of seniority of this person and roughly the amount of money they made and roughly what time | |
Sam Parr | I'm gonna I'm gonna be very vague on purpose I'm gonna say let's say they've worked there for 2 to 3 years and I think according to the news like business insider they just did an article and they said the average pay all in pay was like $800,000 so if you're making $800,000 3 years ago let's say that's 400 cash 400 equity so you're expecting 400 a year in equity I don't know how much their value has gone up in 3 years but I think 10 x yeah so if you're expecting 4 that $400 a year in equity you're now have $4,000,000 a year in equity and if you've been there for 3 years that's $12,000,000 nice that's crazy right and that's like not even all your shares because I think like they do like they're known for paying people even more now that there's even more competitors | |
Shaan Puri | and you didn't even invent artificial intelligence right like you didn't even have to do the incredible thing at that company in order to do that you did good work and I mean this in a good way you didn't have to pull off a miracle in order to get incredibly wealthy | |
Sam Parr | and you are like the 1,000th employee like | |
Shaan Puri | which is why people should listen to our sarah's list episodes and whether you believe that the companies we picked are right or not you should do that if you're gonna take a job might as well take a job on a rocket ship right like might as well take a job where your equity is gonna appreciate this like absurd rate or he has has the has like a realistic chance to the problem is most people have no ability to assess that | |
Sam Parr | and it's not always obvious like like like like for example I think openai raised money at a $120,000,000 valuation recently is that right | |
Shaan Puri | 120,000,000,000 | |
Sam Parr | a 100 sorry 120,000,000,000 and I would imagine the majority of people listening to this are saying that's outrageous but in 5 years there's definitely a world where we look at back and be like that was a steal how did I not like put my whole life savings into that like there's a there's a world where that's that's definitely a possibility | |
Shaan Puri | yeah yeah there's still a 10 x jump from here for for an openai they could be openai could be has a legitimate a realistic chance of becoming a $1,000,000,000,000 company | |
Sam Parr | I think | |
Shaan Puri | you can only say about a handful of companies | |
Sam Parr | I was listening to this thing about facebook and this guy was talking about working there and he was like when I joined it was worth $78,000,000,000 and I thought like is this peak I'm like I'm selling everything like I got to get out facebook is now worth 1 500,000,000,000,000 and so these numbers they're really hard to comprehend I mean have you ever thought about $1,000,000,000,000 how much is it | |
Shaan Puri | no honestly I haven't a | |
Sam Parr | $1,000,000,000,000 is $1,000,000,000 that is like an insane number | |
Shaan Puri | they should call it that they should call it 1,000,000,000 and not even 1,000,000,000,000 trillion actually doesn't even do it justice | |
Sam Parr | that's so and and you know what in about 5% | |
Shaan Puri | is that even right is it a 1,000,000,000 or is it a 100,000,000,000 no it's a 1,000,000,000 | |
Sam Parr | it's a 1,000,000,000 is that insane is that insane that's insane not only is that insane there's a world where in 10 for sure 20 years that a human being is worth that because I think how much is elon musk worth now | |
Shaan Puri | 200 200,000,000,000 | |
Sam Parr | so if it just if he just has a a a 7% annual growth rate that's gonna double in 10 years and then double again so so you're looking at 8:800 bill like it that's just so much money 1,000,000,000 | |
Shaan Puri | he he's the betting favorite to become the world's 1st trillionaire that is so so which would I mean I think he said that he thinks putin might already be that or he said that he's the richest man but he's not on any of the list | |
Sam Parr | so that would be like let's say if you're worth the difference between so a 100,000,000 divide so that'd be like the equivalent of a 100,000 so a trillionaire to a billionaire is the same thing as a 100 millionaire to a 100,000aire does that make sense yeah that's insane right that's insane so like the a $100,000,000 person it's someone worth a $100,000 they're not in the same ballpark like their lifestyles are like drastically different now right to a billionaire billionaire yeah to a trillion that's the that's the how different it is | |
Shaan Puri | it makes a billionaire like just like a 6 figure like w 2 employee | |
Sam Parr | like like like one bad medical bill to knock you out yeah or it's like you know what I mean like you still use wow airline and you only did it because you got the the voucher for $250 round trip like it's like ridiculous that I was thinking about like that that math it's crazy and the reason I was thinking about it is because warren buffett just did this big speech or this big letter where he wrote that dude he's such a good writer he was like father time always wins and father time he's a mean son of a bitch and he like that's basically really yeah like he said like father time always wins and he's like a real fickle guy and he took my wife susie before me and our plan all along we just assumed because you know he eats horribly we're like we just assumed that I was gonna die first and so the plan was that it was her job to give away all the money unfortunately she died and then we also gave the money to our children but you know what's crazy our children are in their seventies now and they are not going to live long enough to be able to give away all of our money and so when susie died they each got $10,000,000 and warren buffett's currently worth a 150,000,000,000 so 10,000,000 is nothing but they each got $10,000,000 and now it's their job when I died to give away the money I don't think they're gonna live long enough to be able to give away this much money and the future generations I don't know them as well as my current kids and I cut I trust my current kids but you know it's hard to say with my future generations and so they have this monumental task to give away all of this money and if they don't it has to go to this foundation where everyone has to vote on it because this way each of the children as well as the grandchildren have an excuse to say something like well my brother doesn't think that's a good investment so I'm so sorry I gotta pass on you and so he wrote this letter explaining a bunch of tips and tricks he's like even if you're rich or you're wealthy my opinion is you should discuss your will with your children before you die it's a great way to bring the family together like he and and and he also says | |
Shaan Puri | that's so funny funny by the way isn't it funny that a will is like the surprise | |
Sam Parr | it is weird it is weird it's like oh | |
Shaan Puri | let's open up the time capsule see what was in it like why is it a surprise that doesn't even make | |
Sam Parr | sense dude there's so many issues with wills that like that I've learned about because we're setting up a state like for example a lot of people and he talks about this but I've read about it constantly and I know friends their wills are aren't equal so particularly women so and then like vanderbilt's did this where it was like the women get 400,000 the men each get $10,000,000 and it creates like all this like anger among siblings which ruins families and he talks about that in his letter and so it was a really good letter that he just released like last week about how he's | |
Shaan Puri | didn't he sign the like giving pledge though | |
Sam Parr | right like yeah but he pledged I don't think he pledged a percentage I think he pledged an amount that he said in the letter and he's like but the amount is now huge so I need to give more and so yeah he's he's giving it | |
Shaan Puri | all away 99% of my wealth will go to philanthropy during my lifetime or at death maybe it's just that the 1% is now huge is that what this is that the issue | |
Sam Parr | I didn't understand well I didn't understand because in the letter it was like I am now gifting a 150,000 shares of berkshire hathaway previously we did this but now we need to give more that so he didn't reference the giving pledge it was like an absolute amount not a percentage amount other than saying he gave each of his kids $10,000,000 and he's like that's all I gave them | |
Shaan Puri | so he's selling these gifts I'm making today reduced my holdings of berkshire shares to 206,000 a 56% decrease since my 2006 pledge so he's cutting it in half and so how much is that 206,000 shares | |
Sam Parr | I think it's a $1,500,000,000 that he just gave away | |
Shaan Puri | I think it's more dude how how much berkshire a stock is $700 a share so $700 a share times 250,000 just to use round numbers is almost oh sorry wait | |
Sam Parr | 7 100,000,000 did my calculator | |
Shaan Puri | like yeah how many commas is this that's 200 almost 200,000,000,000 | |
Sam Parr | oh yeah well that's that's a lot of money | |
Shaan Puri | what's happening the. | |
Sam Parr | The numbers are so grand that it's frankly incredibly hard to comprehend but basically he's making like the largest gifts of all time | |
Shaan Puri | I can't believe we just agreed to do public math it's like we only have like 2 rules here 1 don't get canceled 2 don't embarrass yourself by doing public math and we did it yeah | |
Sam Parr | we did it a bunch of times frankly but dude that's a it's a good article right you gotta you'll you'll have to read that yeah | |
Shaan Puri | I'm gonna read this thing | |
Sam Parr | talking about giving away a $150,000,000,000 but he doing he's doing it in a way that we can easily understand by saying everyone should read their will before they die with their children | |
Shaan Puri | dude buffett doing anything I'm in I'm so in on buffett telling any story or talking about any subject of his liking he is absolute blank check of attention from me right yes | |
Sam Parr | yes | |
Shaan Puri | like bill simmons had this thing that he coined once called the tyson zone about mike tyson where he goes the tyson zone is when somebody reaches a level of crazy that somebody could tell you anything about mike tyson and you would believe it like if it was like oh mike tyson got arrested because he's been eating sharks every morning it's like fuck that's crazy you know he bit an ear he he's going to jail it's like there's no story that is out of bounds on mike tyson and I feel like the the buffet zone is basically somebody who you have my undivided attention at will whenever you want it for however long you if he's like I'm doing a 16 hour livestream I'd be like okay well I guess I I guess I better you know like get a comfy chair because I'm gonna be here for 16 hours today you know like there is no there is no nothing warren buffett could do that I would not be interested in if he was just like I'm gonna livestream myself that you know like doing asmr eating soup I'd be like alright I'm in | |
Sam Parr | I'm gonna start just like attributing facts and stats to him well you know what buffett says he says | |
Shaan Puri | yeah buffett says is the the new harvard study | |
Sam Parr | yeah right | |
Shaan Puri | yeah there was a study at harvard to support whatever. I'd like to make and similarly you know buffett once said x | |
Sam Parr | oh really quick can you tell me if this is true is this enron thing a joke | |
Shaan Puri | I think it's real but I'm not sure | |
Sam Parr | alright | |
Shaan Puri | which is I I hope it's a joke which is what is it what's the story they someone bought enron is relaunching it as a crypto token like it's like worse than a bad like silicon valley plot | |
Sam Parr | I don't know if the story is is out but the the twitter handle enron which enron if you are you know under the age of 28 you probably don't even remember this but enron is like it's | |
Shaan Puri | a t x for oil | |
Sam Parr | yeah it was like an oil energy company in the nineties that was one of the biggest companies in the world and then in a month's time it went bankrupt and it turns out because the executives had all committed fraud and a bunch of them even killed themselves before they got sentenced and a lot of them got went to prison whatever horrible on twitter somebody is now tweeting from the enron twitter handle with their logo saying we're back and they are talking about their new decentralized product and no one online knows is this real or is this not but it's a perfect way to say fuck you to the crypto crowd because that's basically what they're doing we're they're just sitting at they're sitting at a room they're like should we name our new crypto scam after a scam do do do do do do do wrongs make a right like this is it's like | |
Shaan Puri | when a rapper samples an old song and they're like yeah it's like it's like 1 a new fraud sampling an old fraud | |
Sam Parr | yeah they're remixing crime | |
Shaan Puri | dude can I just give you one rant real quick I was watching this video that was like it's called I was on youtube it's called the elon musk learning method I'm like alright click | |
Sam Parr | that's like another warren buffett says | |
Shaan Puri | yeah exactly elon explaining how he does this or like you know some some backstory about elon but one thing he says in it which I think is just it just struck me it is an obvious? But I guess the implications of it really just like slap me in the face he was like people say like you know we have to give people better access to education he goes he's like that could not be further from the truth he's like you can literally learn anything everything you wanna learn is available online at a world class level for free to anyone who has an internet connection which is almost everyone and he's like basically there is no lack of access to education and it's so true like I if I want if I was oh man I wish I could have gone to harvard okay just Google it watch every harvard lecture you want is online you could sit there you could get a harvard computer science education today for free in your underwear at home and nobody does it and that's like the dude I'm not doing it | |
Sam Parr | I spent hours this weekend learning how different magic tricks were done on youtube hours I can't be fooled | |
Shaan Puri | oh not even learning how to do them no just learning how they're done | |
Sam Parr | I just needed to confirm that david blaine was just a human | |
Shaan Puri | yeah dude when that show came out magician's greatest secrets revealed do you remember that | |
Sam Parr | just so pissed | |
Shaan Puri | I was I remember literally thinking to myself I was like I was like tnt you sure do know drama this is an amazing premise they were like this magician has to wear this mask because if his peers in the magic industry knew what he was about to tell you | |
Sam Parr | they're gonna kill him | |
Shaan Puri | he would be killed ostracized he could never show his face in a magic room again I was like oh holy shit mom mom where's the remote and I was like it was like prerecording I was like got a notebook out and I was like oh my god how do they do it and he just showed you every magic trick and how they do it | |
Sam Parr | that's the greatest | |
Shaan Puri | that's the greatest smartest right this is absolute greatest | |
Sam Parr | that's what I do on that's what I do on youtube like you're you're telling me he didn't actually bite that quarter in half | |
Shaan Puri | oh it's so insane | |
Sam Parr | what were you saying about elon though no | |
Shaan Puri | it doesn't matter that's the pod | |
Sam Parr | alright that's it |