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cover of episode I Turned $1M into $2.3B (Then Blew It Up and Rebuilt)

I Turned $1M into $2.3B (Then Blew It Up and Rebuilt)

2025/6/30
logo of podcast My First Million

My First Million
AI Deep Dive AI Chapters Transcript
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Mike Novogratz
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Sam Parr
以《My First Million》播客主持人和企业家身份而闻名，专注于发现和分享高利润商业模式。
Topics
Sam Parr: 我认为Mike的个人生活和职业生涯都像个牛仔，喜欢冒险，总是承担最大的风险。他多次赚到又失去财富，这很酷。我欣赏那些生活方式和我喜欢的人，你有点像牛仔，我非常尊重这一点。 Mike Novogratz: 我确实亏损过很多钱，这个说法是存在的，而且我认为了解这一点很重要。在高盛工作时，我32岁赚到了第一个百万美元，40岁赚到了第一个十亿美元。我们公司是唯一一家一天之内有五个人成为亿万富翁的公司。我曾多次赚到并失去巨额财富，这让我明白伟大与平庸之间的差距在于自律。即使在我最落魄的时候，我仍然有很多钱。

Deep Dive

Chapters
Mike Novogratz's incredible journey from a poor kid on Long Island to a Goldman Sachs partner and billionaire is discussed, highlighting his early success, the unique culture of Goldman Sachs, and his eventual departure after a personal crisis. The narrative emphasizes his risk-taking nature and resilience.
  • Mike Novogratz's upbringing and early career at Goldman Sachs.
  • His experience in the Asian financial crisis and the impact on his career.
  • The unique culture of Goldman Sachs and how it shaped his work ethic.
  • His personal struggles and the lessons learned from setbacks.

Shownotes Transcript

Want Sam's playbook to turn ChatGPT into your executive coach? Get it here: https://clickhubspot.com/etb)

Episode 722: Sam Parr ( https://x.com/theSamParr) ) sits down with Mike Novogratz ( https://x.com/novogratz) ) about risk tolerance and coming back from massive losses.

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Show Notes:

(0:00) Mike’s first million

(8:37) Starting Fortress

(13:55) $30M to $2.3B

(25:28) Operating system for life

(35:41) Being early on crypto

(40:26) Risk tolerance

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Links:

• Fortress - https://www.fortress.com/

• Galaxy - https://www.galaxy.com/

• Business Untitled - https://www.youtube.com/@BusinessUntitled

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Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano