About this episode
Episode 499: Sam Parr ( https://twitter.com/theSamParr ) talks to Brett Adcock ( https://twitter.com/adcock_brett ) about how he nearly went bankrupt after his +$100m exit from Vettery (now Hired). How? Betting everything on the next big idea. And he’s doing it again today with Figure.ai, a robotics company bringing a general purpose humanoid to life. Want to see more MFM? Subscribe to our YouTube channel here . Want MFM Merch? Check out our store here . Want to see the best clips from MFM? Subscribe to our clips channel here . — Check Out Shaan's Stuff: • Try Shepherd Out - https://www.supportshepherd.com/ • Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant • Power Writing Course - https://maven.com/generalist/writing • Small Boy Newsletter - https://smallboy.co/ • Daily Newsletter - https://www.shaanpuri.com/ Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com/ — Show Notes: (0:00) Intro (2:00) How Brett self-funded Archer Aviation (13:00) Nearly going personally bankrupt (19:00) Street of Walls and being a self-taught finance expert (24:00) How to choose the right idea to work on (28:00) Why Future could be the biggest business in the world (32:00) Addressing objections to a robot workforce (35:00) Why hardware is actually easier than software (40:00) How big is Figure going to be in 5 years? — Links: • Brett Adcock’s website - https://www.brettadcock.com/ • Figure (AI Robotics) - https://www.figure.ai/ • Archer Aviation - https://www.archer.com/ • Vettery (now Hired) - https://hired.com/ • Ikagai - https://tinyurl.com/3x9mytpb • Street of Walls - https://www.streetofwalls.com/ • The Fast Track: https://tinyurl.com/yeyz7j7p Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. Other episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More