How I Made My First $1M - The Andrew Wilkinson Story

Рет қаралды 48,364

Ай бұрын

📈 Steal our playbook on how to spot business trends: clickhubspot.com/bzx
Episode 604: Sam Parr ( / thesamparr ) and Shaan Puri ( / shaanvp ) talk to Andrew Wilkinson ( x.com/awilkinson ) about how he went from a $6.50/hr barista to millionaire in just 4 years.
-
Show Notes:
(1:00) From barista to billionaire
(1:40) Andrew’s 1st level up: From day job to self employed
(3:26) Shaan 1st money made as an entrepreneur
(4:40) Sam’s 1st money as an entrepreneur
(7:15) Andrew’s 2nd level up: From self employed to boss
(8:40) From selling your time to selling other people's time
(9:30) Book: The E-Myth (Thinking of your business as a machine) (10:10) Andrew makes his first million dollars profit
(12:00) Robert Kiyosaki’s cashflow quadrant
(13:20) Andrew’s 3rd level up: Incubating Businesses - The decathlon of failed businesses
(17:00) Andrew sells one of his businesses and creates a nest egg
(18:45) Andrew discovers Warren Buffet’s teachings and starts learning to invest.
(19:48) Andrew's 20% rule
(20:33) Sam's pauper tendencies
(22:58) Andrew starts angel investing
(24:00) Andrew starts hiring CEOs and removes himself from his businesses
(28:30) Poker v Roulette in investing
(31:20) Andrew’s 4th level up: Taking his company public and reaching the end goal. However money didn’t buy happiness.
(33:46) What’s the actual amount that will make you happy?
(34:37) Business is a good way to build relationships
(35:35) Figuring out your annual burn rate
(36:48) The goals every entrepreneur should have. Launchpad. Enough. Life’s Work
(38:23) $10M = financial freedom
(41:28) It doesn’t take a special skill set to get to financial independence
(46:41) Shaan’s learns about the deferred life plan
-
Links:
• Never Enough - www.neverenough.com/ (⬅️ Andrew’s book!)
• The E-Myth - shorturl.at/h7Q1J
• Rich Dad Poor Dad - shorturl.at/S28Dd
• How To Get Rich - shorturl.at/pGTSm
-
Check Out Sam's Stuff:
• Hampton - www.joinhampton.com/
• Ideation Bootcamp - www.ideationbootcamp.co/
• Copy That - copythat.com
• Hampton Wealth Survey - joinhampton.com/wealth
• Sam’s List - samslist.co/
-
Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): bit.ly/SupportShepherd
My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Пікірлер: 138

@7itron 26 күн бұрын

Stuff I missed - how he _ACTUALLY_ earned his 1st million: Step 1 - he hired someone to do javascript for $500 Step 2 - aaand suddenly he is making million(s) per year Would be really nice to have few more steps in between - client leads, keeping workflow/pipeline, salaries, hiring people, etc.

@ProgressisEverything 24 күн бұрын

Agreed!

@CoconutPete 22 күн бұрын

it's all bs Clickbait content with no substance. In that example there are a lot of variables, one being timing and luck

@mistertexaz 19 күн бұрын

Yup, I was thinking the same thing

@BaleaCalin 14 күн бұрын

$1mil profit I assume is at least 2 - 2.2 mil per yr. At 23! That's crazy. I think a lot of it had to do with being early. He started Metalab circa 2006. Curious what he was doing for lead gen.

@Sidorovanthon 28 күн бұрын

Please don't cut these small moments of silence. They add natural vibe to the conversation.

@bazalinco 28 күн бұрын

Came here to write this. Was happening on another recent vid too. Ruins the feel of it entirely.

@crbradbury8282 28 күн бұрын

Agreed. Its kinda robotic and inhuman

@rashidkadura693 28 күн бұрын

It's AI editing

@JumboH 28 күн бұрын

They get more watch time 😈

@shaanpuri5111 27 күн бұрын

Noted - making improvements for next edits

@_mattwelter 28 күн бұрын

please don't cut the gaps of silence, i dont think anyone in the comments like it, we like the natural conversation vibes

@adapixei836 28 күн бұрын

I feel the last few episodes are a bit overcutted. The conversation flow is too edited and doesn't feel natural..

@Iwhiwbdjwnsjs 28 күн бұрын

Yeah something feels weird .. idk it’s starting to feel like many of those generic interview podcasts

@maberuzakoo 28 күн бұрын

Agreed.

@HSTRTGMS 28 күн бұрын

Just another symptom of (The) Hustle™culture waning content with shorter and shorter copy, considered "better"; more condensed and of substance. Which I suppose could be true, but we aren't just computers for whom data is our sole input, alone. We need those vibes, too. Stuff those humanistic vibes in my Thunder 2™hole, zaddy.

@kkhdelivery6208 28 күн бұрын

Yessss!! Total garbage! 🗑️ this isn’t a pod anymore just a KZfaq video with all these cuts smh

@engineeredaf1920 28 күн бұрын

Aside from the intro in a few recent episodes, I don’t think the pacing is really any different than it’s ever been for the past 4 years that I’ve been listening

@Arleth-q1c 24 күн бұрын

With inflation at 3.70%, I'm looking to enter the market now and ride it out as the economy improves. I'm putting together a $350,000 portfolio with Stocks and ETF's

@StellaLodge 24 күн бұрын

we shouldn't act on every forecast. It is best you speak with a market expert before making any investment decisions.

@LynetteHuson 24 күн бұрын

You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.

@Herbert-n2z 24 күн бұрын

I'm curious to give this a try. Please who is your advisor and how do I get in touch?

@LynetteHuson 24 күн бұрын

Well, I chose *Jennifer Leigh Hickman* as my advisor after her interview on CNBC In 2020. She is SEC regulated with offices in the US and quite frankly a genius with portfolio diversification.

@Shaine-d5t 24 күн бұрын

I just found her webpage and read through her educational background and qualifications, which were all very impressive. So I scheduled a call with her.

@josemelo_97 28 күн бұрын

Guys, from a place of love. Stop the editing. Your podcast is perfect the way it was. This feels too high paced and unnatural. Like you’ve stated correctly in the past, the key of MFM is that it feels like you were hanging out with your entrepreneur friends. The editing messes that up.

@JessicaP-ht9od 25 күн бұрын

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

@Agata-eu8zi 25 күн бұрын

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

@ShawnSpill 25 күн бұрын

Veronica Hoy strategy has normalised winning trades for me also and it's a huge milestone for me looking back to how it all started

@MinaNguyen-wm8pr 25 күн бұрын

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

@WilliamsChrist 25 күн бұрын

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

@Wang-ep8yk 25 күн бұрын

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

@rebelion1 27 күн бұрын

Pre ordered the book. Curious to see what goodies are in there!

@MichaelTimmons1991 27 күн бұрын

Love the book "How to Get Rich". Really learned a lot related to life and business. Always love hearing Andrew on the pod. I personally really relate with Andrew - and I think some of that is because we are both Canadian.

@abhisheksolanki3314 28 күн бұрын

We’ve had him a million times but had to wait for so long for his first million 💀

@shouldigetit 26 күн бұрын

Truth!

@AyubA201 26 күн бұрын

Great guest. I'm not a fan of Sam's interruptions. He should allow the guest to completely finish their thought before butting in.

@herr_lang_music 27 күн бұрын

One of the best episodes! Listening for a long time and this and the one with Rob Dyrdek are my favorites. 🙌

@KarenMariaAlston 27 күн бұрын

This is an excellent episode and I ordered the. books listed above. Thank you! Affirmation and helped inspire me to bet on myself. Thanks!

@deez994 28 күн бұрын

why does wilkinson seem like a shady guy lol?

@kruzedarling9347 24 күн бұрын

Most of these people are…

@deez994 24 күн бұрын

@@kruzedarling9347 he just seems like a grifter who lies about being a billionare

@chrishansen8649 27 күн бұрын

Why don’t you guys ask Andrew tough questions about his company Tiny? The stock looks horrible, not sure how anyone can trust what he says.

@AirplaneModeMedia 28 күн бұрын

Shaan describing the ESBI process and how you can naturally optimize for the destination point is an amazing point. There's a book called you2 (you squared) by Price Pritchett. Very very short book, don't miss it.

@caramelized_rayan6865 28 күн бұрын

HANDS DOWN, One of the best pods ever published so far !. I truly think that you should create a list of the legendary episodes that hav'e been published on this outstanding podcast. Starting suggestions : Jesse Itzler, Pieter levels, Austin rief, Scott Gallaway just to start things up. Long time listener here.

@crbradbury8282 27 күн бұрын

@@caramelized_rayan6865 Afterthought..Rob Dyrdek expanded my mind

@onetwokaafour 23 күн бұрын

They have had Scott as guest

@caramelized_rayan6865 23 күн бұрын

@@onetwokaafour yeah, two episodes you should check them out !

@AlaskaJiuJitsu 28 күн бұрын

I love when you guy's have Andrew on. Hope you have a great freedom filled weekend boys!!

@TheCowboyCalls 28 күн бұрын

please keep these uncut😭

@JokerFace55 28 күн бұрын

Y’all going to address the scammer allegations? Tiny company and Nick Huber?

@CoconutPete 22 күн бұрын

going to have to look this one up... what's the deal?

@foggycraw6758 13 күн бұрын

What happened?

@Fraunzi 28 күн бұрын

The best episodes of this podcast are the ones with Andrew in them.

@LearnWithCal 28 күн бұрын

Great video!

@robz1699 27 күн бұрын

Andrew - I invested Sam - I stole from city governments and whole foods 😂

@samparr9899 23 күн бұрын

@wonkyun1995 28 күн бұрын

love this

@kevvwarren 28 күн бұрын

Love an AW episode!

@blissy75 12 күн бұрын

35:55 Reminds me of the Ramit Sethi philosophy from I Will Teach You to Be Rich

@cheeseshaper 8 күн бұрын

Always so inspiring!

@MaxTyco 27 күн бұрын

Great episode

@sutats 28 күн бұрын

43:51 How to Get Rich by Felix Dennis.

@okpako9031 27 күн бұрын

How many 1st million has Andrew made? I swear you guys have featured him 1 million times already

@CoconutPete 22 күн бұрын

pretty sure he owns the podcast or heavily funds it

@OmariHarebin 27 күн бұрын

I really appreciate this one

@crbradbury8282 28 күн бұрын

This is why I love MFM. TRULY cuts to the core right outta the gate. Andrews story inspires. S & S captain the ship thru the wild info-sea. This pod is an aqueduct of GOODNESS 🌊🌊💦

@gerbehardeman2549 25 күн бұрын

I thought it was great what you said around the 42nd minute. Can you sit down and go into more detail about it. I am now 22 and need someone to direct me. Thank you very much!

@InventaChris 26 күн бұрын

Andrew Wilkinson is my favorite MFM guest!

@hamzamahmood7778 27 күн бұрын

What book are they referring to towards the end? “How to get rich”

@4mIlr 28 күн бұрын

42:54 Legend

@iamtjking 28 күн бұрын

"You can't ask someone for directions to a place they've never been" 🔥

@rimantasva 28 күн бұрын

This is gold 🎉

@TarunSandhu88 28 күн бұрын

lets go, andrew is back!

@Mikolas649 28 күн бұрын

I invested with this guy, all bad news, do his companies make any money for the investors?

@nirajshuklaNL 28 күн бұрын

For real?

@danaskrist1951 28 күн бұрын

Cve:tiny is dead

@chrishansen8649 27 күн бұрын

$TINY.V looks terrible, wonder how their August report will be

@johnlipscombdocumentaries 28 күн бұрын

I'm 63, made millions, lost millions. Best podcast on KZfaq.

@BenjaminCano 18 күн бұрын

I know they do this podcast for them and they want their questions answered but I wish they should do the podcast for them but when they were starting, I think that’s where most of us are and want more insights about.

@BM_100 23 күн бұрын

Ok so just lie your way to the top. What a hero

@kkhdelivery6208 28 күн бұрын

Cutting this is a weak move!!! VERY small boy move

@KayFabe87 28 күн бұрын

They mention a book titled “How to get rich”, but I didn’t hear an author mentioned. As the guest was talking about the book, Sam jumps right in to ask Shaan if he read the book without giving the guest a chance to finish the sentence and perhaps mention the author. They then talk about the book and mention that “he did x…”. Who is the “he”?

@MyFirstMillionPod 28 күн бұрын

The author is Felix Dennis. Check the show notes/description, you'll see a section called links where we try to link any pertinent mentions in every episode for you guys.

@youngsimba438 28 күн бұрын

I am just curious has anyone ever gotten inspired and actually start a business from listening to these guys. I am a huge fan of this podcast btw. if you have please share below and the type of business.

@clahss 28 күн бұрын

I am now yes - e commerce

@swordsmike 28 күн бұрын

Quite the inspiration. Stock is down 43% in the last 12 months. But, he does have a book to sell, so grift on.

@moneymakingsim4314 28 күн бұрын

We see Drewski and we click! Simple.💪🏽💪🏽🙏🏽

@kieranproven4874 28 күн бұрын

When Shaan was talking about a blueprint, it's in Unscripted by MJ Demarco.

@uzisyed2852 28 күн бұрын

Whats the book name they mention about wealth chart?

@leedsdrumacademy 28 күн бұрын

Rich Dad Poor Dad?

@pbpb5327 28 күн бұрын

How to get rich by Felix Dennis

@amphibious8765 28 күн бұрын

Less cuts would be better

@rhysjeffery1630 28 күн бұрын

This episode feels more like PR for Andrew/Tiny than the normal pod vibes.

@MyLatinLife 26 күн бұрын

Andrew Wilkinson is a legend

@karolpelc3956 28 күн бұрын

$2 million profits at 22, nice… this is very nice

@ProgressisEverything 24 күн бұрын

Angel investing is probably 1%-5% hit rate

@pronoia. 28 күн бұрын

Rich dad poor dad got me out of being an employee, I bring it up from time to time and it always feels cringe.

@maxwagner2504 28 күн бұрын

Every time Andrew is on the Pod I buy some tiny stock.

@rhysjeffery1630 27 күн бұрын

you might want to rethink that... Tiny has been getting smoked. Earnings and shareprice crashing & the founders have jumped ship.

@Josephbasta827 27 күн бұрын

@BeforeYouGoPro 28 күн бұрын

That non-operator glow. Lol!

@MattTheMortgageGuy 28 күн бұрын

Only $60M ? I'm about 4% there. I better get back to work!

@simmonds3930 17 күн бұрын

His investor's losses are his billionaire gains. His publically traded company is worth 95% less than when IPO'd. I prefer listening to the Buffetts of this world who have made billions for themselves AND their investors!

@gustavbrinkel5489 28 күн бұрын

KEVVVVVIIINNNNNNN!

@traianturcu 26 күн бұрын

Please stop using the automated AI cutting on videos - it might be ok for listening to the episodes, but it's terrible for watching. Thank you! :)

@475inthecut 27 күн бұрын

this intro is very underwhelming compared to the weight-loss drugs one 😂

@marcuswernersson332 27 күн бұрын

Love your content guys, but in this interview you talk too much and consequently don't let your guest talk enough

@CoconutPete 22 күн бұрын

I'd rather see a video that gave a bunch of tangible ideas for viewers to make money now. Even $100 a day. So many of these channels focus on millions and billions only for Clickbait reasons

@dantewordlaw8677 27 күн бұрын

Bruhh these cuts make this video almost unwatchable

@Overtake8332 28 күн бұрын

Had to stop watching with all the cuts

@somericesomechicken 28 күн бұрын

Lol only a white guy like Sam could get away with those whole foods hot bar heists!

@HMuny55 28 күн бұрын

Sam comes off as such a rude unaware host

@faisalislam9840 28 күн бұрын

1st... I'm back

@fhati-kz5un 28 күн бұрын

it sounds like Andrew is the host - can't we bring new faces please it is becoming like friends of friends pod...

@AlicinChristensen 28 күн бұрын

Just a book pitch

@thescoop50 28 күн бұрын

I appreciate money but the conversation feels “ greedy and narcissistic?” I love his success but you “ need” ($$$ million) a year???? Congrats on his success.. not sure HOW I would behave if I had this money.. you never know..

@rhysjeffery1630 27 күн бұрын

pretty sure this was a pr exercise for andrew - as tiny has been getting a lot of negative analysis on twitter and share price down a lot.