Building on $37K Salary

A brief exchange reveals Sam Parr's early entrepreneurial days in San Francisco's SOMA district.

When discussing whether Sam should have had kids earlier in life, Shaan reminds him of his situation 4 years ago: "You're living on 6th street in San Francisco, you're stressed out building your company, making $37,000 a year."

Sam adds color to this period, saying he was "learning the difference between meth, crack, and heroin and like the different ways in which you put it in your body walking around SOMA."

Shaan concludes this wasn't the right time for kids, saying "I don't think that was the right time to have the kid. I think my advice was good to say wait."

28:44 - 29:00
Full video: 32:23
SP

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.

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Fitness Influencer