Episode 623: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the underrated philanthropy style of Peter Thiel, Elon Musk, and Alfred Nobel.

MFM Scholarship: Apply for $10K to start The Onion For College - https://www.shaanpuri.com/collegepaper

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Show Notes:

(0:00) Alfred Nobel's $266M Legacy

(6:06) Competitions vs. Trusts

(15:28) Idea: XPRIZE but for companies

(19:15) Shaan’s Prize: Win $10K to start a college paper

(23:07) How Barstool Sports started

(26:47) Peter Thiel’s contrarian philanthropy

(32:30) Elon Musks sexy indifference

(37:22) Interview questions designed to repel and attract

(44:25) Be a harsh grader of people

(47:49) Great people are great in the first 2 weeks

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Links:

• Get our business idea database here https://clickhubspot.com/mfm

• Nobel Peace Prize - https://www.nobelpeaceprize.org/

• XPRIZE - https://www.xprize.org/

• Darpa - https://www.darpa.mil/

• Vesuvius Challenge - https://scrollprize.org/

• Kaggle - https://www.kaggle.com/competitions/

• Thiel Foundation - https://www.thielfoundation.org/

• Musk Foundation - https://www.muskfoundation.org/

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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): https://bit.ly/SupportShepherd

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

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