$800 Backsplash Paralysis
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Sam Parr shares a story about his struggle with spending money despite being wealthy.
"I've been really struggling with spending decisions. For example, the backsplash on my sink in my kitchen needs to be replaced and it's $800. I've been fretting over it for over a year now thinking '$800 to replace that? I can't!' Even though it will add value to the home and make me happier.
I understand why people think this way - it's rooted in trauma and fear. I think it's challenging when you've felt one way for years and suddenly things are different. I'm more like Shaan's father than Shaan - I have this trauma where even though I have money now, I still struggle with these spending decisions."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.