27 Jun 2025
59m

He Bought a Local Newspaper… Now He Makes $600K/YR

Podcast cover

My First Million

Sam Parr and Shaan Puri discuss various topics, starting with the opportunity to buy local newspapers from retiring owners, inspired by a tweet from Matthew Prince. They then transition to Shaan's experience giving a talk at Berkeley and the concept of "starter businesses," linking it to the idea of owning a local newspaper. They analyze a story about Steve Ballmer and his leadership at Microsoft, followed by Gary Vaynerchuk's bullish outlook on tech companies and Sam's tracking of company revenues. The conversation shifts to a New York mayoral candidate's marketing tactics and the importance of charisma in politics, and they end by discussing the difficulty of picking successful stocks, using a list of stock recommendations from 2021 as an example.

Outlines

Part 1: Local Newspapers & Starter Businesses

Part 2: Leadership, Enthusiasm & Vaynerchuk

Part 3: Entrepreneurial Journeys & Political Marketing

Part 4: Investing Strategies

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