Sam Parr and Shaan Puri suppose in tens of millions. They’ve each had notable exits for a lot of tens of millions (Parr bought his e-newsletter firm The Hustle to HubSpot, and Puri bought his video streaming firm Bebo to Twitch). Collectively, they cohost the chart-topping podcast My First Million, the place they kick round enterprise concepts with profitable entrepreneurs.
Each agree: One million {dollars} sounds attractive, however it’s not an finish purpose. “When you will have one million bucks, you are not making tons of investments,” Puri says. “You may’t simply stay off it perpetually, except you are dwelling a extremely minimalist life. So you need to ask the query, ‘At what thresholds do issues truly change, versus what are the arbitrary numbers that simply sound good?'”
Right here, they talk about the true worth of one million {dollars}, and the strategic path to your first million (and lots of extra).
The remainder of this text is locked.
Be part of Entrepreneur+ at this time for entry.
