MFM #165: How Jack Butcher is Selling his Art for $76m & How to Research Wealthy People

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Sam and Shaan are joined by Jack Butcher to discuss his crazy $76m NFT. Jack tells his story of going from a struggling entrepreneur to Twitter success to NFT sales. Sam also breaks down his research methodology for researching rich people and the business they start. Shaan gives a great breakdown of why BitClout's growth is genius marketing. — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — 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 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch Links: • Check out our website for more business ideas: https://link.chtbl.com/kONXuWNx • Subscribe to the podcast if you’d like to listen instead: https://link.chtbl.com/E_SbCjZ8 --------- --------- Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- --------- Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Jack Butcher (@JackButcher) discuss: 0:00 Intro 1:37 How Jack Butcher went from struggling founder to listing an NFT for $76m 13:38 How Sam researches wealthy people and discovers profitable businesses in the process 32:38 Why it pays to be early on new platforms 47:30 Jack explains why he's listing his art for sale for $76m 57:40 BitClout's incredible growth strategy 1:09:12 The reputational problem NFTs/Bitcoin/Bitcloud pose and are they just fads