The Cashflow King: “Here’s How I Do It”, Negotiating w/ Jeff Bezos, Elon’s Cracked Rocket

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  • Опубліковано 13 чер 2024
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    Episode 564: Shaan Puri ( / shaanvp ) and Sam Parr ( / thesamparr ) talk to Jason Fried about his 6-Week Sprint playbook, how he’s planning for the end of subscription revenue, and what it’s like to have Jeff Bezos as an investor.
    -
    Show Notes:
    (0:00) Intro
    (3:15) Long term planning is a fantasy
    (8:13) The 6-Week Sprint Playbook
    (14:12) Using 'no' as a precision instrument
    (16:02) Does Jason regret selling We Work Remotely?
    (18:04) Cash flow king
    (23:48) Taking money from Jeff Bezos
    (31:16) Who does Jason admire?
    (35:00) Non-recurring revenue is back
    (38:51) The Founder Letter Launch strategy
    (45:45) Campfire v. Slack
    (52:28) Pile on the wackier stuff early (in life and business)
    (55:13) Taking financial risks that don't put you at risk
    (58:58) Where does Jason spend his profits?
    -
    Links:
    • Jason on Twitter - / jasonfried
    • Rework - tinyurl.com/38mfc66n
    • 37Signals - 37signals.com/
    • Basecamp - basecamp.com/
    • We Work Remotely - weworkremotely.com/
    • Once - once.com/
    -
    Check Out Sam's Stuff:
    • Hampton - www.joinhampton.com/
    • Ideation Bootcamp - www.ideationbootcamp.co/
    • Copy That - copythat.com
    • Hampton Wealth Survey - joinhampton.com/wealth
    -
    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

КОМЕНТАРІ • 133

  • @BasicFolders
    @BasicFolders 2 місяці тому +73

    The constant uploads help keep the momentum and motivation going from week to week, you can't imagine how much I appreciate seeing a new video from you guys in my feed every few days. Thank you! 😎👍

  • @Jwappi
    @Jwappi 2 місяці тому +25

    The fact that this content is free to watch is a testament to this era of content creation. Hallelujah baby

  • @HarishAnandThilakan
    @HarishAnandThilakan 2 місяці тому +11

    What a rock and a legend. “We make 10s of millions in profit “ + “we pull it all out at the end of the year” = GOAT!

    • @jasonfried2934
      @jasonfried2934 2 місяці тому +10

      The money is a side effect of doing something we like doing for customers who like what we do. Never about the money for us, but of course it’s nice!

  • @LexiD9
    @LexiD9 2 місяці тому +5

    Just finished the pod and I’m crying. Not sobbing but happy. Founders letter and how excited Jason was to write it is very motivating. Loved the towel hook and Airbnb stories! I’m going to listen from the beginning again while cooking dinner. Great job guys!

  • @Happyhaulersaz
    @Happyhaulersaz 2 місяці тому +3

    Other than Rob Dyrdek, Jason has been the best guest by far. Love his mentality. I mean that’s the dream. Being totally successful, but enjoying life outside of your entrepreneurial journey. Jesse Itzler had a great story as well. Great interview.

  • @nickywilliamson3786
    @nickywilliamson3786 2 місяці тому +4

    Have been in Jason's energy field since about 2011 - I tune in and out and then every 3 years or so something pops up as a reminder that the core aspects of his life and business philosophy sit well.
    The insights into Bezos character and approach were also 'interesting'.
    Fantastic interview guys absolutely love your work and approach to this pod.

  • @josemelo_97
    @josemelo_97 2 місяці тому +5

    This pod was pure inspiration.
    And I’m definitely executing the Founder’s Letter strategy.
    As usual, the best content out there. 💪

  • @charliehunt1470
    @charliehunt1470 2 місяці тому +4

    Fried is a legend. Props for getting him on.

  • @cushmanhomes
    @cushmanhomes 2 місяці тому +4

    Loved this interview! Would love to see him as a regular guest. Very refreshing approach

  • @Its_harry_b
    @Its_harry_b Місяць тому

    Something happened to long format interviews.
    This one brought it back.
    My favourite episode. Period.
    Also - I just emailed Jason to ask for a job. Fingers crossed

  • @CarlosRosario
    @CarlosRosario 2 місяці тому +1

    This is EASILY one of my most favorite MFM podcasts. Jason is amazing. Blazes his own path. Marches to the beat of his own drum and his thinking process is admirable. I'm a fan. That book, Rework is gold. Gonna have to rewatch this a few times and figure out how to incorporate into my own world. Thanks, fellas.

  • @arshammirshah
    @arshammirshah 2 місяці тому +2

    What Jason said about “it’s not my identity” resonated. I need to adopt more of that. Sam, Shaan, great questions guys. I thought: “oh ask him about his personal finances..” and you did! Maybe I watch too much MFM 😅🎉

  • @leadgenjay
    @leadgenjay 2 місяці тому +4

    Great insights on the 6-Week Sprint playbook! Adding to that, remember that breaking projects into smaller, manageable sprints can significantly boost productivity and focus, especially when combined with the critical path method to prioritize tasks that impact the project timeline the most.

  • @idabrinck-lund9744
    @idabrinck-lund9744 2 місяці тому

    These deeper and deeper talks - they really help moving forward - cheers! Big time!

  • @grahamkennedy7221
    @grahamkennedy7221 2 місяці тому +2

    “We don’t plan.” We just decide what we wanna do, split that up into six week sections with minimum amount of productivity per six weeks and do all that in a profitable way.

  • @marykelouw9446
    @marykelouw9446 2 місяці тому +1

    Loved this episode - would love to hear more from him

  • @konstantinegegeshidze8032
    @konstantinegegeshidze8032 2 місяці тому +12

    I love his thought-process and all of his books, full of timeliness principles. He cracked the code. Thx for bringing him

    • @MyFirstMillionPod
      @MyFirstMillionPod  2 місяці тому

      he's a legend

    • @LexiD9
      @LexiD9 2 місяці тому

      I’m going to look up his books now. Thanks!

  • @FERENDINSoftwareEngineering
    @FERENDINSoftwareEngineering 2 місяці тому +1

    A really nice episode. Was a pleasure watching you guys. Our founder and a few more have been following 37 signals a while now. That's great inspiration for our company.

  • @gbengaogun
    @gbengaogun 2 місяці тому

    Wow. So much to unpack. This was insightful.

  • @mountainbikeboy100
    @mountainbikeboy100 2 місяці тому +2

    This was a top tier episode

  • @smith7108
    @smith7108 2 місяці тому +6

    Ocupus is now how I pronounce that. Done. That's my take away from this haha

  • @pbpb5327
    @pbpb5327 2 місяці тому

    Uff finally 100% fire episode. Jason is the man 👍

  • @tubopedia
    @tubopedia 2 місяці тому +1

    This was incredible

  • @CryptoGrit
    @CryptoGrit 2 місяці тому +1

    tbh, i like the go with the flow approach, because you never know what kind of opportunities might appear along the way and when they come you need to react ^^

  • @TehePwned
    @TehePwned 2 місяці тому

    This was one of the best episodes

  • @christianhertel2799
    @christianhertel2799 2 місяці тому

    A lot of respect for Jason!

  • @AlexMacGregor
    @AlexMacGregor 2 місяці тому +6

    Jason is a legend!

  • @christhornham
    @christhornham 2 місяці тому

    Kevin Ryan has always been my favorite guest. Jason is now tied as my favorite guest. I love his clarity about who he is.

  • @zacdudzik
    @zacdudzik 2 місяці тому

    Too 5 episodes. Great one

  • @heyisforhumans
    @heyisforhumans 2 місяці тому

    Great great episode

  • @boblovinger6068
    @boblovinger6068 2 місяці тому +1

    Guys, I loved this episode. I was an early adopter of Highrise and have been a fan of Jason Fried. Great job. MFM continues to be my favorite podcast.

    • @jasonfried2934
      @jasonfried2934 2 місяці тому +1

      🙏 love hearing from Highrise customers.

  • @kkhdelivery6208
    @kkhdelivery6208 2 місяці тому

    Thank you for going all nerdy this episode getting into nitty gritty! Finally feels like mfm 2020

  • @toluwaniyi
    @toluwaniyi 2 місяці тому

    I follow Jason. His posts are just mind-blowing.

  • @nayls1987
    @nayls1987 2 місяці тому

    Love this interview and I'd love to see more like it. IMHO, Jason's lifestyle and way of doing business seems way more appealing to me and more worth emulating than the mega-success stories of billionaire founders.

  • @NikKotov
    @NikKotov 2 місяці тому

    Just wanted to say that this was one of my favorite episodes this year.

    • @jasonfried2934
      @jasonfried2934 2 місяці тому

      So glad you liked it! Thanks for watching.

  • @peterjones9087
    @peterjones9087 2 місяці тому

    Boom perfect guest

  • @andrejthechef
    @andrejthechef 2 місяці тому

    That's awesome, I also read the book a decade ago

  • @TheDiosimar
    @TheDiosimar 2 місяці тому +3

    Past entrepreneurs did things for the motivation of changing the world and expand consciousness, the sigma movitation for future ones will be to be a guest on MFM

  • @SketchbookStudioo
    @SketchbookStudioo 2 місяці тому

    Best podcast on the internet

  • @astrico1
    @astrico1 2 місяці тому

    Best podcast in the world! Cant wait untill im the first scandinavian to be on it.

  • @KeshArt
    @KeshArt 2 місяці тому +3

    His book 'Rework' literally helped me make my first $100k. I followed the principles in the book and carried it around like a maniac when I was building my first product. Been following Jason ever since. Always have a couple of copies of that book to gift people.
    This dude is as legit as they come.

    • @christopherpaulsen4838
      @christopherpaulsen4838 2 місяці тому

      Out of curiosity- what product did you build?

    • @jasonfried2934
      @jasonfried2934 2 місяці тому +1

      So glad to hear the book was useful for you. Thanks for reading and thanks for watching.

  • @fred-62
    @fred-62 2 місяці тому +1

    Great,! More builders, less hustlers

  • @bazalinco
    @bazalinco 2 місяці тому

    Straight into the top 10 of MFM guests

  • @wedoebe
    @wedoebe 2 місяці тому

    “10 of Millions in Profits!”
    Enough said!!👏👏

  • @heshiebee
    @heshiebee 2 місяці тому

    GOAT

  • @LIO-LifeInOrder
    @LIO-LifeInOrder 2 місяці тому

    @51:00 wait until he sees my hook and towel product

  • @johnpinheiro6211
    @johnpinheiro6211 2 місяці тому

    Keep it up, guys !!!
    Love from Portugal 🇵🇹🇵🇹🇵🇹🇪🇺👍🙏

  • @MimoseDuclervil
    @MimoseDuclervil 2 місяці тому

    I’m a new sub😊

  • @tompuijpeNL
    @tompuijpeNL 2 місяці тому

    47:00 price doesn't matter if it's worth it

  • @kalvaxus
    @kalvaxus 2 місяці тому +2

    Very refreshing to see a CEO like this, specifcally coming from hyper-capitalist US.

    • @bobdavis4419
      @bobdavis4419 2 місяці тому

      Hyper-capitalist??? We are total socialist Freaks. The free market died in America over a hundred years ago. An American couldn't tell you what capitalism is if he had 50 million in the bank. Trust me I know, I live in LA 😅😅. Thankfully there is still a spirit of entrepreneurship but only to the extent that our Cartel Capitalist Cleptocrats will tolerate.

  • @Mfgguy
    @Mfgguy 2 місяці тому

    I lack the adjectives to accurately explain how I much enjoy listening to how Jason thinks.

  • @life_sized
    @life_sized 2 місяці тому +1

    Please bring Stewart Butterfield on the pod. Great job chatting with Jason! Thanks

    • @MyFirstMillionPod
      @MyFirstMillionPod  2 місяці тому

      would love to have him. his "we don't sell saddles here" blog post is framed on my wall

  • @vkuse0
    @vkuse0 2 місяці тому

    U guys brought 37Signals guy on the pod - wow 😮

  • @harrison69
    @harrison69 2 місяці тому +1

    Let’s get an Andrew x jason pod

  • @AkshayMukadam
    @AkshayMukadam 2 місяці тому

    How did you start software agency . I mean as a new agency it's difficult to find your first client, Can you share it once

  • @fryderykchopin1381
    @fryderykchopin1381 2 місяці тому

    You guys should cover the billionaire brothers Chris and Andrew masanto. They built multiple unicorns

  • @RandomGuyOnTheInternet1986
    @RandomGuyOnTheInternet1986 2 місяці тому

    Funny how the episodes line up, last ep, Shaan talks about how to crush yearly goals then Jason counters with the 6 week sprints only lol

  • @brianduynguyen
    @brianduynguyen 2 місяці тому

    Have you tried getting DHH on?

  • @overridebuild.3481
    @overridebuild.3481 2 місяці тому +3

    Shaan how come you always interrupt Sam before he finishes his question?
    I actually want to hear what he has to say

    • @theMannyfresh1
      @theMannyfresh1 2 місяці тому +1

      Big fan of both but man you're so right

  • @Wristwatchme
    @Wristwatchme 2 місяці тому +1

    Jason Is incredible! He recommended “The Manual, Epictetus” to me years ago and it had a great impact on your boy. I appreciate you, Jason! Hope you’re still tinkering with vintage watches 🤓

  • @eugeniocg3079
    @eugeniocg3079 2 місяці тому

    wow

  • @zakariabennane
    @zakariabennane 2 місяці тому

    Why not implement this OTP strategy with your main product?

    • @jasonfried2934
      @jasonfried2934 2 місяці тому

      Entirely different kinds of offerings. One really is a service while one really is a product.

  • @stevenfinch2547
    @stevenfinch2547 2 місяці тому

    Subscriptions and Saas in general - isn't about the software - its about the constant upgrades and constant support. Thats what your paying for!

    • @jasonfried2934
      @jasonfried2934 2 місяці тому

      ONCE products update automatically too. It has nothing to do with SaaS.

  • @LexiD9
    @LexiD9 2 місяці тому

    I want to know the story about Jason inviting himself on the pod! How did that happen?

  • @faisalislam9840
    @faisalislam9840 2 місяці тому

    Have you guys noticed that something is off on shaan's wall?

  • @user-cz1nh1hv9v
    @user-cz1nh1hv9v 2 місяці тому

    No sound?

  • @protonu9496
    @protonu9496 2 місяці тому

    That mount Rushmore thing got me an idea. I'll tag you on a tweet after few days

  • @Alex_Cevi
    @Alex_Cevi 2 місяці тому

    Someone make slack with discord level of Giphs and thats all life needs

  • @VLOGS-kw3um
    @VLOGS-kw3um 2 місяці тому +1

    I clicked coz i though he was deadpool😂

  • @fryderykchopin1381
    @fryderykchopin1381 2 місяці тому

    Whats going on with the basecamp valuation? No way it’s worth 100b

  • @sicarty
    @sicarty 2 місяці тому

    What a chad

  • @RoccosModernLifestyle
    @RoccosModernLifestyle 2 місяці тому +1

    Ocupus ;) lol

  • @andreas11735
    @andreas11735 2 місяці тому +1

    Ocupus

  • @PankajDoharey
    @PankajDoharey 2 місяці тому +1

    They make hundreds of millions of dollars not 10's of millions.

  • @SCLA-CLIPS
    @SCLA-CLIPS 2 місяці тому

    at 7 hours - 12.6k views and 478 likes . LFG

  • @jacobgorthy
    @jacobgorthy 2 місяці тому

    The thumbnail says 99,9% with a "," instead of a "."

  • @faisalislam9840
    @faisalislam9840 2 місяці тому

    Not first this time

  • @moneymakingsim4314
    @moneymakingsim4314 2 місяці тому

    Freaking CRAZY!!! Love per usual from East Bmore! Sim the trucker.❤️❤️❤️

  • @jirigoyen
    @jirigoyen 2 місяці тому

    What an inspiring entrepreneur and thought leader in a startup world obsessed with, as Jason says, "zeros and commas" and meaningless BS.

  • @prishaantphagoe
    @prishaantphagoe 2 місяці тому

    Hey guys can add a skip for the ads, it's annoying.

  • @LachieSamuel
    @LachieSamuel 2 місяці тому

    Sniffin my own farts 😂

  • @RR-et6zp
    @RR-et6zp 2 місяці тому

    he;s copying the pay once thing from DHH lol

  • @mathiassup
    @mathiassup 2 місяці тому

    Its time to stop this copy paste hampton ad

  • @Adam-yf3ss
    @Adam-yf3ss 2 місяці тому

    Feels like when you don't have to make goals... because you have 100K monthly recurring customers and high margins.

    • @jasonfried2934
      @jasonfried2934 2 місяці тому +3

      We got here operating the same way we operate today. No goals, figure it out as we go. Today is a continuation, not a change.

  • @K12war
    @K12war 2 місяці тому

    This guy is the opposite of Elon's First Principles approach.

  • @Myhands14
    @Myhands14 2 місяці тому

    Only 20 mins in - does anyone else feel like these questions are pointed and condescending from sean and sam?

  • @RimiNygi-ug4kg
    @RimiNygi-ug4kg 2 місяці тому +2

    Sam can you plz not use f**t metaphor? I don’t want to listen to that while having my lunch. You are cool tho.

  • @whoami1980
    @whoami1980 2 місяці тому

    this dude talking like he's on Jeff Bezo's level. Like dude chill

  • @stealthoverflow
    @stealthoverflow 2 місяці тому +71

    Bro I'm so done with these Hubspot ad

    • @JeffreyMerilo
      @JeffreyMerilo 2 місяці тому +26

      It's a small price to pay for a great content.

    • @tickyyytokkkk
      @tickyyytokkkk 2 місяці тому

      yall some lazy mf's
      the ad is so obvious, skipping it takes like

    • @Adamek088
      @Adamek088 2 місяці тому +8

      We can go back to the older ads. At this point I heard Sam read the ad 100 times

    • @rosscopaddison9588
      @rosscopaddison9588 2 місяці тому +4

      Spice up the ad at least.

    • @ankursolanki6204
      @ankursolanki6204 2 місяці тому +2

      What are you going to do about it

  • @scaledupstudio
    @scaledupstudio 2 місяці тому +1

    Theme - hooks. Takeaway - founder's letter w a reframe POV and a great hook to get them interested. Plus Team Hooks all the way for the bathroom (Imma designer :)