Skip to content

By playing, you agree to uListen's Terms and Privacy Policy and YouTube's Terms of Service.

My First MillionMy First Million

This Guy Makes $20,000,000/Year With 0 Employees (#365)

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Episode 365: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) talk about Amit Agarwal, a multi-millionaire with 0 employees, the Billy of the Week, and an update on "Sara's List." — 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 ----- Links: * Amit Agarwal - https://twitter.com/labnol?lang=en * Carl Allen - https://www.superyachtfan.com/yacht/gigi/owner/ * Carl Allen's YT channel - https://www.youtube.com/watch?v=l7JJeEyXHa0 * "Sara's List" YT - https://www.youtube.com/watch?v=bgnesKjVcQs&t=20s 📧: Sign up for The Hustle Daily Newsletter: https://mfmpod.link/0bt 🎙️: Download Our Podcast: https://link.chtbl.com/zAASsyN- A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ------ Show Notes: (00:00) - Intro (0:40) - Millionaire from Google plugins (07:27) - Billy of the Week (13:50) - Make your 12-year old self proud (19:24) - Update on "Sara's List" ----- For more quality videos subscribe here ➡https://www.youtube.com/channel/UCyaN6mg5u8Cjy2ZI4ikWaug?sub_confirmation=1 🔔 Turn on notifications to stay updated with new uploads #shorts #youtubeshorts Like || Share || Subscribe

Shaan PurihostSam Parrhost
Sep 22, 202236mWatch on YouTube ↗

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

At a glance

WHAT IT’S REALLY ABOUT

One-Man Google Plugin Empire, Treasure Hunting Billionaire, and Sara's List Revisited

  1. Shaan describes Amit Agarwal, an India-based solo founder who sells simple Google Workspace plugins and, by Shaan's estimate, likely earns between $10 million and $25 million a year.
  2. Shaan's Billy of the Week is Carl Allen, who rose from a junior job at a trash bag maker to owner, sold the company for roughly $300-400 million, and now hunts shipwreck treasure from a Bahamas island.
  3. The hosts argue that people tend to play life too safe and should seek more fun, curiosity and play, using the test of whether their 12-year-old self would be proud.
  4. Shaan reviews the 12 startups on 'Sara's List' a year later, finding most marked up, with Figma's $20 billion acquisition at roughly 10x the valuation from when the list was made.
  5. Sam and Shaan conclude that exponential growth is hard to grasp, winners always seem too late to invest in, and the best picks were fairly obvious, and they float updating the list.

IDEAS WORTH REMEMBERING

5 ideas

Create content to be known well, not just well-known

Shaan says putting your thinking out publicly means people know how you think and send you opportunities, which is a benefit even if you never get famous.

Tiny, specific tools can become huge businesses

Amit Agarwal built free-to-paid plugins like mail merge and Document Studio, with millions of downloads each. Sam says this breaks your frame on whether a small annoyance could be a product.

Boring businesses can fund unconventional dreams

Carl Allen worked his way up at a medical-waste bag maker, bought it and sold it, then followed a childhood love of the Bahamas into exploration and treasure hunting.

Most people err toward playing too safe

Shaan argues the typical risk is excess caution and seriousness, and people should be more childlike, curious and playful. He frames it as asking whether your 12-year-old self would nod at your life, not blindly doing what a child wanted.

Stock grants at good companies can create wealth without being a founder

Shaan and Sam note that Sara became a self-made millionaire in a non-technical role at established tech companies, since a grant that rises 5x turns a few hundred thousand into a million or more.

WORDS WORTH SAVING

5 quotes

My goal is to be known well, which means people know you really well.

— Shaan Puri

When you're known well, it's because you've put your brain out there on blast. People know how you think.

— Shaan Puri

I think that for most people, the risk is not that they're playing life too risky. It's that they're playing life way too safe

— Shaan Puri

the happiest people are the ones who are most childlike.

— Shaan Puri

No, actually, life needs to be way less serious, in my opinion.

— Shaan Puri

Being known well versus well-knownSolo-founder Google Workspace pluginsCarl Allen's trash bags to treasure huntingMaking your 12-year-old self proudStock grants as a path to wealthSara's List performance reviewFigma's revenue growth and acquisition

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

Get more out of YouTube videos.

Read along on your phone, search it beside the video, or ask your favorite AI app what was said.