Published Jan 25, 2022

Coaching Our Producer To Make $5000/Hour With Consulting

Sam Parr and Shaan Puri delve into the art of earning $5000/hour through consulting, offer insights into angel investing and short-term rentals, and highlight revolutionary educational platforms redefining revenue models.
Episode Highlights
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Episode Highlights

  • Investment Tactics

    Shaan Puri shares his insights into successful angel investing, emphasizing the importance of relationships and thematic investing. He explains how building connections with experts in specific niches, like Craft Ventures, can lead to lucrative opportunities 1. Shaan also highlights the need for a proactive approach, such as cold outreach and quick decision-making, to secure high-quality deals 2.

    Startups are the only asset class where the security selects you as much as you select it.

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    Sam Parr reflects on his own experiences, noting the potential for significant returns despite initial uncertainty 2.

       

    Long-Term Focus

    The discussion shifts to the advantages of a long-term investment mindset, with Shaan citing Jeff Bezos's philosophy of prioritizing long-term gains over short-term profits 3. This approach allows investors to make strategic bets that others might overlook due to immediate pressures.

    If you're willing to play a ten-year game, this can be an awesome game to play.

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    Shaan believes that compounding relationships and reputation are key to success in startup investing, offering a competitive edge that traditional markets lack 4.

       

    Market Innovation

    Shaan and Sam explore the potential of creating new markets through innovative approaches, such as neo banking and educational software 5. They discuss how identifying unmet needs and leveraging technology can lead to the development of entirely new categories.

    You're creating the market.

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    Examples include the rise of digital-first banks and platforms like Curacubby, which streamline school operations and highlight the challenges of selling to educational institutions 6.

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