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Sam Parr

๐Ÿ‘ค Speaker
8897 total appearances

Appearances Over Time

Podcast Appearances

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

That's cool.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And I knew he had done that.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And so I didn't come from, I think if you come from a family where multiple generations have stayed in the same town, it may feel really wild to just take flyers.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

I'm so glad you told that story because even though the person this book is written towards is the person on the career path, and I mean that we don't have a chapter on how to advise people.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

It's not written for the advisor, but I think it will be particularly interesting to parents and advisors to test whether or not they're willing to help support people in the way that your parents did.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And yeah, and in the chapter titled Chase Your Curiosity, I tried to borrow as many of those type of exercises as possible.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

I even went out, I'm surprised I didn't find that one, but I found like 10 others and I put them all in there.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

Like I'm trying to give people as many of those pathways as possible, because I think the very hardest part is to figure out actually what it is that drives you in this way that's going to make it very easy for you to differentiate yourself.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And it's funny, you mentioned that one.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

There's a story in the book about this guy, Burt Beveridge in Austin, Texas, who's 40 years old and he's watching a PBS show.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And they say to take a sheet of paper, put it horizontal, draw a line down the middle, write on the left what you love to do and on the right what you're good at and try and find something in the middle.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And through that exercise,

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

He quit being a mortgage broker.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

He had been a seismologist before that and launched a vodka company called Tito's at the age of 40.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

For the founders, I think you'd find a lot of different stories and different pathways that got them to where they are.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

I mean, like the Zuckerberg story is pretty famous.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

He's at Harvard messing around.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

And that's very different from the path, say, Gates took or even Bezos.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

So I don't know that there is a pathway to that place.

My First Million
Bill Gurley: 6 Out of 10 People Are Making This Mistake

I'll tell you, I once asked Jeff Bezos how he could possibly be good at angel investing while he's running this company.