My First Million The best stuff we’ve read in the last 12 months
1947 snips
Jan 6, 2026 Dive into a conversation that explores fascinating themes like the art of decision-making and a unique approach to timing finances in 'Die With Zero.' Discover how mastering oratory can enhance leadership skills, plus a fun deep dive into Akon's ringtone strategy, which capitalized on an overlooked market. Sam reveals his reading strategy, featuring life-changing books such as 'The 48 Laws of Power' and 'The Almanack of Naval Ravikant.' There’s also a surprising look at the resurgence of retro music toys, proving classic designs still capture big revenue!
AI Snips
Chapters
Books
Transcript
Episode notes
Schedule Your Big Rocks First
- Schedule life experiences (big rocks) before day-to-day tasks (sand) so important things actually fit.
- Prioritize time for things you value because work expands to fill remaining space.
Money Equals Life Energy
- Timing matters because some experiences are only enjoyable at certain ages and can't be recaptured later.
- Money is a store of life energy, so spending decisions equate to allocating hours of your life.
Sell Only When Your Thesis Or Opportunity Changes
- Update investment judgments as new information arrives and sell if your original thesis weakens.
- Compare opportunity costs: sell if better, higher-conviction options exist elsewhere.
