Shaan Puri

create a team and to create a proper company with a culture that solves a problem and has recurring customers and i've noticed this like with a lot of real estate agents in particular because they're one-off people you know it's like a one-person business oftentimes with just like an assistant and i have a bone to pick a lot of times with these one-person companies that we talk about online all the time they're incredibly interesting but in general in order to build a lot of value for yourself

you have to create, in my opinion, a company.

And that's sort of this like vague term.

But in my head, what that means is like employees who are all working together on a mission and who are creating an asset that has a lot of value, not just creating something that pays your salary.

John Rockefeller, who's I think the best businessman ever, famously said, I'd rather have 1% effort from 100 people than 100% effort from me.

And I think that to be true, where the name of the game to creating a lot of value in something sustainable is to create something that involves getting other people organized and them doing a lot of the work.

And that sounds very simplistic, but I don't think that's how a lot of people think about it.

Do you know this guy, Sam?

Well, I guess we're going to have to follow up them.

That's a great, great answer.

Can I pick the last one?

Yeah, go for it.

This is hilarious.

This is a great one.

So this is from Peter J. One of my favorite American traditions is that when you get arrested, you get one phone call.

That has to be one of the highest stakes calls ever.

I almost want to get arrested just to feel the rush of that one phone call rule when they place the phone call, when they place that phone in your hands.

Anyway, what's your one phone call when it comes to business?

When you need advice or you're in a tough spot, who's that one call you're going to make and why?

That's a good question.