MoneyWise Hampton

How much money do you need to be happy?
Money alone is not going to make you a happy person, but it can sure as hell help you get there. Money can buy you security, time, health, and safety for you and your loved ones, and it can relieve stress when it comes to life's financial pressures.
To say that money can't impact your happiness is naive. But what we want to know is, when is enough, enough?
If you don't know that number, you can easily slip into the hole of always needing and wanting more, which inevitably takes away from your happiness. At a certain point, you start wasting your time and adding stress to your life in the never-ending pursuit of more.
So what is the threshold when it's time to end the chase and simply enjoy the life you've built for yourself?
In this episode, Ankur Nagpal shared his number. Ankur Nagpal is in his early thirties with a net worth north of nine figures. He started raking in money in college with his Facebook App business, but his real life-changing moment was when he sold his company Teachable for a quarter billion dollars. Now, he's the founder of fintech company Carry, formerly known as Ocho.
Ankur will tell us about the financial decisions he made that contributed to his happiness, the mistakes he made, and he's radically transparent about the numbers while he does so.
Sam will also share his own "happiness threshold" number, and we'll also get input from another guy who rakes in over $10 million a year.
This is MoneyWise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.
Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.
This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.
Chapters:
Who is Ankur Nagpal (2:37)
Why we're asking "When is enough, enough?" (4:15)
Ankur's first multimillion-dollar venture (6:19)
How he built and sold Teachable (7:59)
How his life changed after selling Teachable (10:38)
Ankur's burn rate after a $40 million check (15:22)
Why not working didn't make him happy (16:15)
Ankur's cost of living (18:12)
Ankur's "Happiness Threshold" number (21:40)
Sam's "Happiness Threshold" number and closing thoughts (24:05)

This podcast was produced in partnership with Lower Street and distributed by Morning Brew.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Confidence is key, but confidence is earned.
And Anne Mahlum has earned hers. 
She has dedicated her life to self-improvement and continuous learning. Because of that, combined with her insanely positive attitude, she’s built a networth of well over $100M. 
Her confidence in herself is evident. In fact, she once turned down a significant investment into her start-up in favor of using her entire personal net worth instead.
In this episode, Anne reveals the origins of her drive and how it has evolved into a healthier motivation. She shares the stories of her nonprofit and for-profit ventures, complete with detailed financial insights. And Anne also opens up about her personal spending and investments, challenging the conventional wisdom of the “don’t spend your principal” rule.
This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.
Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.
This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.
Chapters:
Founding SolidCore and Early Success (00:28 )
Ann's Upbringing and Family Dynamics (02:41)
The Impact of Addiction on Ann's Life (06:01)
Creating Back on My Feet (07:45)
Launching SolidCore (14:05)
Financial Growth and Private Equity (18:45)
The Power of Investing: Personal Experiences (27:40)
Diversifying Investments: Strategies and Insights (29:08)
Real Estate Ventures: Success Stories (30:43)
Spending Habits: Evolution and Philosophy (38:46)
Mindset and Confidence: Keys to Success (46:23)

 This podcast was produced in partnership with Lower Street and distributed by Morning Brew.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Getting rich at any age is pretty cool. But being rich in your late teens and early 20s? Of course, that’s awesome, but it can be difficult to navigate wealth when you’re basically still a kid.
That was the case for my buddy, Andrew Wilkinson. He invested in and sold a few tech companies early on and thought he was set for life. He bought whatever he wanted. But he had a serious wake-up call in 2008 when the stock market crashed and he almost lost everything. 
In this episode, Andrew shares a number of his wins and losses; from almost going bankrupt to crossing the nine-figure threshold. Being able to buy whatever you want, go wherever you want and do whatever you want is great. But so is spending your money on things that can make a difference for others. Andrew also tells us how wealth can have its downsides for families and friendships. 
This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.

Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.

This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.

Chapters:
Andrew’s Wealth Journey (03:28)
First Taste of Liquidity (06:44)
The 2008 Wake-Up Call (09:28) 
Crossing 9 Figures and Luxury Spending (14:38)
The Downsides of Wealth (19:23) 
The Pros and Cons of Donating and Charity (23:34)
Final Reflections (27:51)

This podcast was produced in partnership with Lower Street and distributed by Morning Brew.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Young people these days talk about wanting balance in their lives.  
Well according to Scott Galloway, that means you don’t want to be rich. 
Building wealth is no easy feat. It requires determination, hard work and sacrifice. But luck plays a huge role too. 
Scott shares stories with us that he’s rarely talked about publicly. He dives into the strategies that helped him build his fortune. He’s also got loads of lessons learned from his biggest failures. He went from being worth around 30 million to a negative net worth during the dot com crash. He clawed his way back over the next few years to over 10 million or so, only to lose it all again. He tells us what those failures and successes were like for his mental health, and what it taught him about keeping his ego in check.
Scott thinks it’s important to talk about money even when it makes you feel like a douchebag. Not talking about money keeps the poor down. He shares his key tips and advice for diversification and why it’s so important in building wealth. 

This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.
Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.
This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.

Chapters:
Scott’s Background (03:36)
Early Success and Sacrifice (06:24)
The Power of Luck, Diversification and Failure (10:29)
Strategy and Entrepreneurship (19:42) 
The Hoarding Money Virus of America (26:46) 
Why Talking About Money is Important (32:25)
Final Thoughts and Advice (40:57)
 
This podcast was produced in partnership with Lower Street and distributed by Morning Brew.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Why would you give up $500k/month personal cash flow? 
Despite his company's rapid profit growth, Marshall Haas chose to forgo his substantial income for mental space and a $26M exit.
Before considering selling his main company, Marshall had already begun offloading smaller businesses. 
In this episode, recorded just weeks after his major exit, Marshall provides a fresh perspective on the exit process, the differences in selling larger versus smaller companies, and his reasons for selling despite exponential growth. We also delve into the mental shift from enjoying a steady monthly cash flow to receiving a massive lump sum.
This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.

Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.
This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.

Chapters:
Marshall's Background and Early Ventures (03:29)
The Beginning of Shepherd (10:58)
Why Marshall Decided to Sell Shepard (13:15)
Life After the Exit (21:36)
Marshall's Spending and Finances (24:35)
Final Thoughts and Advice (30:54)

This podcast was produced in partnership with Lower Street and distributed by Morning Brew.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Remember when Andrew Carnegie wrote that he was removing the pursuit of money from his life?
Probably not, because he didn’t follow through on it. This was even before he founded the Carnegie Steel Corporation and became one of the richest people in the world.
Today’s guest, however, also decided to cut himself off from earning more. And he followed through.
By the time Jeff was in his forties, he was worth over $120 million. After a three-part exit from his company, Jeff decided that pursuing more money was getting in the way of his pursuit of happiness. So he quit building companies, he quit working, and he founded a support group of others in similar life stages.
For Jeff, chasing money had become like an addiction, so he treated it that way. He made big changes in his life to focus on what truly made him happy. But, this “cut-off” from earning more does not coincide with spending less. In fact… it’s quite the opposite.
In this episode of Moneywise, we'll learn about how Jeff realized he had enough, how his pursuit of more was getting in the way of enjoying what he built, and why he thinks it's his duty to spend his money. And of course, we'll also get into all the details about how much he has, where all that money is, and how he spends it.
This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.
Who is Sam Parr?
Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.
This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.
Chapters:
Jeff’s first few million (3:21)
When he started the big company (5:58)
His three-part exit (9:51)
How his life changed (11:27)
Why he started to think about cutting himself off (16:13)
How he changed his life (20:12)
Where is his money and his spending today (24:22)
Reflection and advice (29:54)
This podcast was produced in partnership with Lower Street and distributed by Morning Brew.
Learn more about your ad choices. Visit megaphone.fm/adchoices