The oldest trick in the book to make your first million @MyFirstMillionPod
The oldest trick in the book to make your first million  @MyFirstMillionPod
Uploaded July 2026 | Updated September 2026, 2 weeks ago
*Unsexy Business Ideas Database:* clickhubspot.com/8an4

Episode 844: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about how one of the richest families in America makes its money.

Shout out to Hank Green for his video on Jevon's Paradox - youtube.com/watch?v=a6sYYrLTOjQ


Show Notes:
(0:00) The Cargill family
(13:15) projects vs empires
(15:00) family meetings create family dynasties
(22:55) Jevon's paradox
(29:00) the story of Luddites
(39:19) Where's the opportunity
(49:00) the phrases we tell ourselves
(52:00) The ice king


Links:
• The Medici effect - amazon.com/dp/1591391865
• Hank Greene's video on Jevon's Paradox, which heavily inspired ours: youtube.com/watch?v=a6sYYrLTOjQ.


Check Out Sam's Stuff:
• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: joinhampton.com/mfm



Check Out Shaan's Stuff:
• Shaan's weekly email - shaanpuri.com
• Visit 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 - Shaan uses Mercury across all of his companies. you can too: mercury.com
Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., 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

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /
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My First Million |

The oldest trick in the book to make your first million

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