The Richest People I Know Do One Thing
My First Million episode 785 in which Shaan Puri talks with entrepreneur Nick Huber, known online as the Sweaty Startup, about the biggest bet he ever made and the mistakes he learned the hard way. Nick says he has been humbled in his 30s: he started 11 companies, shut down four, and learned that business is really hard, especially after the algorithm changed and customers watched spending. He and Shaan retell the story of a $47 million stock offer for the talent company then called Shepherd, now Somewhere, and the new owner syndrome that followed. Shaan gives a short masterclass on hiring overseas talent using paid task trials, and names places such as Colombia, Brazil, South Africa, Sri Lanka and the Philippines as talent hubs. Chapters in the description also list buying a domain for 400K, Peter Thiel's Stanford class and brutal advice. Sponsors named in the description: HubSpot, Somewhere, Mercury and Beehiiv. PARTIAL COVERAGE: the captions cover the intro, the portfolio, the Shepherd story and the hiring segment, but later chapters are only named by title. All views are the speakers' own and are not independently checked. Nothing here is financial, legal or medical advice.
Executive Summary (TL;DR)
My First Million episode 785 in which Shaan Puri talks with entrepreneur Nick Huber, known online as the Sweaty Startup, about the biggest bet he ever made and the mistakes he learned the hard way. Nick says he has been humbled in his 30s: he started 11 companies, shut down four, and learned that business is really hard, especially after the algorithm changed and customers watched spending. He and Shaan retell the story of a $47 million stock offer for the talent company then called Shepherd, now Somewhere, and the new owner syndrome that followed. Shaan gives a short masterclass on hiring overseas talent using paid task trials, and names places such as Colombia, Brazil, South Africa, Sri Lanka and the Philippines as talent hubs. Chapters in the description also list buying a domain for 400K, Peter Thiel's Stanford class and brutal advice. Sponsors named in the description: HubSpot, Somewhere, Mercury and Beehiiv. PARTIAL COVERAGE: the captions cover the intro, the portfolio, the Shepherd story and the hiring segment, but later chapters are only named by title. All views are the speakers' own and are not independently checked. Nothing here is financial, legal or medical advice.