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My First MillionMy First Million

How To Go Beast Mode As A Founder

📈 Steal the playbook on how to spot business trends: https://clickhubspot.com/bmd Episode 606: Shaan Puri ( https://twitter.com/ShaanVP ) brings you 24 minutes of raw motivation. Think of this as an angry love letter to kick off your week. — Show Notes: (0:00) Peter Thiel’s One Priority Philosophy (4:30) 3 lies you’re telling yourself (7:55) Zuck closes a $1B dollar deal in 48 hours (13:41) The Collison Installation (16:13) Lead bullets v Silver bullets (18:51) When to sprint (20:44) The 3 Big Questions — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Shaan Purihost
Jul 8, 202424mWatch on YouTube ↗

Summaries, chapters, transcripts, and FAQs on this page are made by uListen, not YouTube.

At a glance

WHAT IT’S REALLY ABOUT

Intensity, Not New Strategy, Is What Most Founders Need

  1. Shaan Puri says nine out of ten stuck entrepreneurs need to raise their intensity rather than change strategy or hunt for answers in books and mentors.
  2. He defines intensity as focus times common sense times insanity, and says it is not working 24/7 and in fact means doing less, but better.
  3. Business examples include Zuckerberg closing the roughly $1 billion Instagram deal in 48 hours, WhatsApp and Chick-fil-A doing one basic thing better, and Stripe's founders installing the product for customers on the spot.
  4. Citing Ben Horowitz's 'lead bullets, not silver bullets' and Stallone writing Rocky in three days, he says to spend roughly 10-20% of effort on strategy and 80% on execution, with sprints reserved for key moments.
  5. He closes with three actions: narrow your focus, write a common sense solution you can execute, and ask what level 12 intensity would look like, as Jesse Itzler did by hiring David Goggins.

IDEAS WORTH REMEMBERING

5 ideas

Most stalled founders need more intensity, not a new strategy

Puri says that of nine out of ten people he talks to, only one might need a strategy change, and the trap is believing the answer lies elsewhere in a mentor or book.

A single priority beats a ranked list

Puri relays that Thiel said people gravitate toward the clearer second task because the top priority is a gnarly, unclear problem, like the man searching for his keys where the light is. Thiel would leave meetings that weren't about someone's one thing.

Intensity means doing less, not more

Puri says intensity is not working 24/7 and quotes a Steve Jobs line that focus is saying no to 100 great ideas to say yes to one exceptional one.

Speed and persistence can win deals

Puri says Twitter and Sequoia assumed work starts Monday, while Zuckerberg offered double the price and closed the Instagram deal over a 48-hour weekend; he also chased WhatsApp's founders for two years.

Big outcomes come from accumulated small, manual efforts

Puri relays Paul Graham's observation that Stripe's founders installed the product for early customers on the spot, and that founders crank the engine by hand until momentum takes over.

WORDS WORTH SAVING

5 quotes

Intensity is a formula actually. It is focus times common sense times insanity.

— Shaan Puri

If I talk to nine out of 10 people, only one might need a strategy change. For nine out of 10, the answer is up your level of intensity.

— Shaan Puri

We crawl around where the light is. We crawl around doing the known things, the things that feel familiar to us, rather than the important things, the things where the solution actually is over there.

— Shaan Puri

You can do anything, you just can't do everything.

— Shaan Puri

how you do one thing is how you do everything.

— Shaan Puri

Peter Thiel's one-priority philosophyIntensity as focus times common sense times insanityZuckerberg's 48-hour Instagram dealStripe's Collison InstallationLead bullets vs. silver bulletsKnowing when to sprintImagining level 12 intensity

High quality AI-generated summary created from speaker-labeled transcript.

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