Sam Parr and Shaan Puri assume in tens of millions. They’ve each had notable exits for a lot of tens of millions (Parr bought his e-newsletter firm The Hustle to HubSpot, and Puri bought his video streaming firm Bebo to Twitch). Collectively, they cohost the chart-topping podcast My First Million, the place they kick round enterprise concepts with profitable entrepreneurs.

Each agree: One million {dollars} sounds horny, however it’s not an finish aim. “When you will have 1,000,000 bucks, you are not making tons of investments,” Puri says. “You’ll be able to’t simply stay off it without end, except you are dwelling a very minimalist life. So you must ask the query, ‘At what thresholds do issues truly change, versus what are the arbitrary numbers that simply sound good?'”

Right here, they focus on the true value of 1,000,000 {dollars}, and the strategic path to your first million (and lots of extra).

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