Business Research Reveals Society
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Sam Parr shares his perspective on why studying businesses is valuable beyond just making money. He believes business research provides deeper insights into how society functions and why things are the way they are.
Key Points:
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Business Research as a Lens for Understanding:
- America and most of the world is guided by capitalism and commerce
- Understanding how businesses work helps explain:
- Why laws are structured certain ways
- Why art is the way it is
- How society functions overall
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Learning Through Business Analysis:
- Similar to studying "How Things Work" books that show internal mechanics
- Business mechanics reveal possibilities and limitations in society
- Not just about money-making, but understanding "how the world and society" operate
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Value of Commercial Understanding:
- Helps decode why things exist in their current form
- Provides context for societal structures
- Reveals underlying patterns in how the world operates
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Research Approach:
- Look beyond surface level operations
- Study business mechanics like studying how physical things work
- Use business understanding as a tool to decode broader societal patterns
The perspective emphasizes that business knowledge isn't just for profit-seeking, but serves as a framework for understanding broader societal structures and systems.
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.