The one calculation Elon runs everything on (it made him billions)
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Top Comments (10)
I read Power Behind Locked Door by Jacob Rockefeller cover to cover on a long flight. I couldn’t sleep after. The book doesn’t scream, it whispers things no one says out loud how the tax code is a map, how debt is a tool, how income is a trap. I landed thinking about foundations, shells, and leverage in a whole new way. I wasn’t taught wrong, I was just taught to stay inside the system
I think Shaan’s offhand comment that “if you’re the best in the world, you’ll never have to worry about money” is the single best takeaway from this podcast episode, and maybe from the entire MFM podcast.
*Get our Unsexy Business Idea Database:* https://clickhubspot.com/qpxo
Why is Shaan wearing his hat like Timmy Turner???
Tesla started TV advertising btw, and they've been doing digital campaigns now for a while
Sam, we love that you love talking about this stuff. Coz guess what, we love hearing the two of you talk about this stuff too.
For everyone who came for the title: the idiot index starts at 23:20. Full map of the episode: 1:26 - The $300M butcher (commodity to brand masterclass) 5:39 - Custom meat blends under NDA for 50 restaurants - the original lock-in 7:46 - The $28 burger that outsold the cheaper one 2x 18:31 - Nick Sleep: won with 4 stocks, then just closed the fund 20:39 - Bezos on why advertising is the price of an unremarkable product 44:31 - The kingmaker move: whoever makes the list controls the network 49:34 - How JD Power turned an award into a billion-dollar business The butcher and the idiot index are the same lesson from opposite ends: LaFrieda escaped commodity pricing by building a brand. Elon just exploits everyone who didn't.
I get so happy when I see a new episode! Love you guys ❤
The last part reminded me of my high school experience where I ran a website about Texas instrument calculator games in the late 1990s and showed people how I built a transfer cable from the computer to the calculator with parts from radio shack. I remember looking up some of the people who were submitting games to my website later and it turned out they were all kids my age or younger who were programming games for graphing calculators in basic or assembly for fun. They had all gone on to do interesting things and have interesting careers.
Sometimes Shaan’s story telling just hits! This smacks!
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Top Comments (10)
I read Power Behind Locked Door by Jacob Rockefeller cover to cover on a long flight. I couldn’t sleep after. The book doesn’t scream, it whispers things no one says out loud how the tax code is a map, how debt is a tool, how income is a trap. I landed thinking about foundations, shells, and leverage in a whole new way. I wasn’t taught wrong, I was just taught to stay inside the system
I think Shaan’s offhand comment that “if you’re the best in the world, you’ll never have to worry about money” is the single best takeaway from this podcast episode, and maybe from the entire MFM podcast.
*Get our Unsexy Business Idea Database:* https://clickhubspot.com/qpxo
Why is Shaan wearing his hat like Timmy Turner???
Tesla started TV advertising btw, and they've been doing digital campaigns now for a while
Sam, we love that you love talking about this stuff. Coz guess what, we love hearing the two of you talk about this stuff too.
For everyone who came for the title: the idiot index starts at 23:20. Full map of the episode: 1:26 - The $300M butcher (commodity to brand masterclass) 5:39 - Custom meat blends under NDA for 50 restaurants - the original lock-in 7:46 - The $28 burger that outsold the cheaper one 2x 18:31 - Nick Sleep: won with 4 stocks, then just closed the fund 20:39 - Bezos on why advertising is the price of an unremarkable product 44:31 - The kingmaker move: whoever makes the list controls the network 49:34 - How JD Power turned an award into a billion-dollar business The butcher and the idiot index are the same lesson from opposite ends: LaFrieda escaped commodity pricing by building a brand. Elon just exploits everyone who didn't.
I get so happy when I see a new episode! Love you guys ❤
The last part reminded me of my high school experience where I ran a website about Texas instrument calculator games in the late 1990s and showed people how I built a transfer cable from the computer to the calculator with parts from radio shack. I remember looking up some of the people who were submitting games to my website later and it turned out they were all kids my age or younger who were programming games for graphing calculators in basic or assembly for fun. They had all gone on to do interesting things and have interesting careers.
Sometimes Shaan’s story telling just hits! This smacks!