Paul English: How He Built And Sold 6 Companies And Why He Believes Irritation Becomes Inspiration

My First Million

Podcast Notes Key Takeaways Paul English has sold six companies, most notably Kayak for $2B, and is currently working on his seventh company Paul’s internal rate of return is around 30.5% over the last several years across 60 investments He has some “famous misses”, which include Airbnb, YouTube, Snapchat, and Dropbox “Team first, customer second, profit third.” – Paul English Magical teams create magical products, and magical products tend to create profits After successfully recruiting a talented person, Paul asks them, “Do you know anyone more amazing than you?”Companies fail because of a founder implosion or because it is trying to solve a problem that no one cares about “It makes me sad when I see a beautiful product that solves a problem I don’t care about.” – Paul English Find something that irritates you in your daily life and create a product that resolves that irritation Paul questions whether a person like Elon (the richest person in the world) should have as much power as he does (control over the world’s richest source of information) Paul thinks Elon will do something interesting with Twitter, but he’s more interested in all the Twitter replacements that will come out 

Read the full notes @ podcastnotes.org

Episode 394: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk with entrepreneur and Kayak co-founder, Paul English (@englishpaulm) about his latest business ideas, his famous missed investments, how to become a strong recruiter, and why he wants to create Twitter's competitor.

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Links:

* Paul English

* Boston Venture Studio

* Middle

* Bipolar Social Club

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Show Notes:

(00:25) - switched jobs for a day

(07:05) - who did you know before they met success

(13:45) - become an excellent recruiter

(20:25) - starting a company easier now?

(28:15) - Irritation becomes inspiration

(30:55) - Ideas he's working on

(34:10) - Bipolar disorder

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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.

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