The Cashflow King: “Here’s How I Do It”, Negotiating w/ Jeff Bezos, Elon’s Cracked Rocket

ℹ️ EPISODE INFO

Released

March 20, 2024

Duration

1h 5m

Channel

My First Million

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

Use Sam's secret growth sauce: get more traffic for your biz with HubSpot's Free Landing Page Builder 🔥 https://clickhubspot.com/pgt Episode 564: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Jason Fried about his 6-Week Sprint playbook, how he’s planning for the end of subscription revenue, and what it’s like to have Jeff Bezos as an investor. — Show Notes: (0:00) Intro (3:15) Long term planning is a fantasy (8:13) The 6-Week Sprint Playbook (14:12) Using 'no' as a precision instrument (16:02) Does Jason regret selling We Work Remotely? (18:04) Cash flow king (23:48) Taking money from Jeff Bezos (31:16) Who does Jason admire? (35:00) Non-recurring revenue is back (38:51) The Founder Letter Launch strategy (45:45) Campfire v. Slack (52:28) Pile on the wackier stuff early (in life and business) (55:13) Taking financial risks that don't put you at risk (58:58) Where does Jason spend his profits? — Links:

• Jason on Twitter - https://twitter.com/jasonfried
• Rework - https://tinyurl.com/38mfc66n
• 37Signals - https://37signals.com/
• Basecamp - https://basecamp.com/
• We Work Remotely - https://weworkremotely.com/
• Once - http://once.com/

— 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

💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch 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

🎤 SPEAKERS

• Shaan Puri

  host

  Co-host of My First Million and entrepreneur/investor.

• Sam Parr

  host

  Co-host of My First Million and founder of Hampton (joinhampton.com).

• Jason Fried

  guest

  Co-founder/CEO of 37signals (Basecamp/HEY) and creator of Once.com.

🧾 EPISODE SUMMARY

In this episode of My First Million, featuring Shaan Puri and Sam Parr, The Cashflow King: “Here’s How I Do It”, Negotiating w/ Jeff Bezos, Elon’s Cracked Rocket explores jason Fried on Profitable Simplicity, Bezos, Founder Letters, and Owning Software Jason Fried says 37signals avoids long-term plans and goals, keeping profitability each year as its only target and working in roughly six-week chunks after a long, loose exploration phase.

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