Embracing Entrepreneurial Pain
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Sam Parr and Shaan Puri discuss different approaches to handling entrepreneurial challenges, with Sam advocating for transparency about difficulties while Shaan sees value in selective memory and positive delusion.
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Sam's Approach to Understanding Downsides:
- Always asks about challenges and difficulties in business
- Motivated by personal experience of feeling inadequate
- Wants to normalize the struggle for others
- Believes in being realistic about challenges
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Why Sam Asks About Difficulties:
- Has been "victim" of comparing himself to others
- Found things harder than they appeared
- Experienced self-doubt ("I'm full of shit")
- Wants to remind others these feelings are normal
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Shaan's Contrasting Perspective:
- Values being somewhat delusional
- Maintains a "convenient hole in memory" about downsides
- Believes there's benefit in not dwelling on difficulties
- Expects plateaus as natural part of growth
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Shaan's Philosophy on Plateaus:
- References Tony Robbins' framework
- Views plateaus as inevitable
- Approaches challenges with "Hello old friend" attitude
- Sees facing difficulties as validation of being on right path
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Shared Understanding:
- Both acknowledge entrepreneurship is harder than it looks
- Recognize the importance of persistence
- Value different coping mechanisms
- See struggle as normal part of journey
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.