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Episode Details
EPISODE INFO
- Released
- January 15, 2026
- Duration
- 54m
- Channel
- My First Million
- Watch on YouTube
- ▶ Open ↗
EPISODE DESCRIPTION
• *Get our Resource Vault: a curated collection of pro-level business resources* https://clickhubspot.com/ckd Episode 785: Shaan Puri ( https://x.com/ShaanVP ) talks to Nick Huber ( https://x.com/sweatystartup ) about the biggest bet he ever made and the mistakes he learned the hard way. Email Nick@SweatyStartup.com to get hooked up with a pre-vetted salesperson, finance person or executive assistant. Show Notes: (0:00) Intro (3:24) Breaking down Nick's portfolio (8:49) The deal structure and terms (11:20) Fail: Buying a domain for $400K, killing out traffic (12:24) Fail Elon bought twitter + I invited competition (16:49) new owner syndrome (18:43) How to hire overseas talent (10-min masterclass) (27:18) Peter Thiel's Stanford class (30:17) Suli's brutal advice (34:23) Holdcos is overrated (36:04) The tortoise always wins (38:52) one big thing (47:25) Roofing (51:07) Self-storage — Links:
• Somewhere - https://somewhere.com/ — Check Out Shaan's Stuff:
- Shaan's weekly email - https://www.shaanpuri.com
- Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
- Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /
SPEAKERS
Shaan Puri
hostCo-host of the My First Million podcast and entrepreneur/investor who interviews founders about business strategy and deal-making.
Nick Huber
guestEntrepreneur and investor behind Sweaty Startup and Somewhere.com, known for building and acquiring service businesses and self-storage real estate.
EPISODE SUMMARY
In this episode of My First Million, featuring Shaan Puri and Nick Huber, The Richest People I Know Do One Thing explores Nick Huber’s hard lessons: focus, hiring globally, and humbled growth Nick Huber describes being “humbled” after believing his personal brand and early wins made business easy, then seeing multiple ventures stall or shut down as conditions changed.
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