Episode of My First Million with Sam Parr and Shaan Puri.
Transcript
Note: This transcript was auto-generated from YouTube captions. It may contain errors and lacks speaker identification. A full Gemini audio transcript will replace this.
Kind: captions Language: en what else could be kind of a status symbol i think i have a couple yeah i think like the splitting time thing between cities um it’s still expensive but it’s one place it’s still expensive but it’s not prohibitively expensive um so like i think that that’s going to be uh far more con i’m doing it now and i realize i’m like in a fortunate situation but i think that it’s far more uh accommodating than ever before uh so i think that like that part-time living in in splitting time between cities is gonna be quite common um i don’t know what else yeah i think that’s a great that’s actually a great one uh it’s sort of like if you look at what do our what do our rich friends do now that’s not common and then that’s just gonna become like like more people are gonna do that thing so like you know like you’re talking about having a few either airbnbs or like having three homes and just shift like throughout the year just shifting based on where you want to be in whatever season you want to be in and not having like a hometown um dude here’s more of a thing here’s one and you’re getting into it now i’ve been into it for a minute as well which is did you see well kinda i tweeted out asking people to see to say like what what like so i’m i’m i’m building this house um and i’m like how would you optimize it for longevity health and fitness and i got so many amazing replies and the most consistent one was cold plunge and sauna so many people are interested in that and i think that that’s a much bigger trend than i ever thought so i think having home saunas and in home cold tubs that is something that’s going to be that’s i think we’re still in the early stages of that i never would have thought that that was going to be a thing uh yeah that’s the i just bought a sauna by the way like two days ago i know i saw you what’s his name andrew said like don’t do infrared and you’re like uh but i bought an infrared is that so okay yeah uh by the way there’s a sick company so check this out is it uh david david’s company florenz have you seen this this guy just dm’d me who i’m friends with he spoke at hustle again he goes hey i just met with shawn about my sauna business and he said this guy yeah and he said that you also like this type of stuff have you um did you go look at it did you see it get sick uh he just he dm’d me a video and you want to explain what it was so basically uh uh floor so there’s two that that got um that got uh they got kind of like highlighted here where are you at the url is we are florins um how do you spell florins uh f-l-o-r-e-n-s f-l-o-r-e-n-s okay um okay so basically we are florenz uh so basically what he’s done is he’s built a in a custom kind of like new version of in-home sauna it plugs into a normal normal outlet which when i was looking up saunas that was like one big thing it’s like you have to i don’t have to get an electrician out here to handle the power of the sauna it’s like small enough where it fits in uh it’s like a great like like it’s like made for like you know one person can fit easily then there’s a super nice like super clean design so like most saunas kind of look like this kind of same cabin looking feel this looks like it fits in like a modern home it’s like very slick looking um and so he’s building this thing and he showed me one he’s got it i’m gonna go visit him he’s got one down here not too far from where i live uh so then there’s one then there’s one in the presidio called ancient ritual have you seen this one that’s the one i saw ancient ritual so and so there’s two so ancient rituals the other one that people are kind of hyping up and i think that one is like almost like peloton for asana so you get in normally when you get into a sauna you’re like on your own it’s like dude here go sit in this this hot box and like think or you know talk to the naked guy next to you like i don’t know like do whatever you want to do i think what ancient i don’t know exactly what ancient rituals doing but i think what they’re doing is it’s sort of like a guided meditations they have sounds they have scents they have like um they’ll talk you through like what to what to like it’s like it’s like calm or like headspace like meets a sauna uh that’s my like prediction they’re a little bit they’re very stealthy there’s like nothing on the website but that’s my understanding of it just from uh figuring it out dude the florence thing is amazing yeah so i’m really excited about both of these i don’t think either of these just like you know mega huge business but i think it’s i think it could definitely be a really healthy business um and it might be one of those that surprises you maybe there’s bigger demand maybe this is maybe this ends up like pools right like i think um our buddies are in the they bought a pool construction company he was telling me something like you know um like some absurd percentage of homes like uh 50 of homes or whatever in in areas that can host a pool like will get a pool in the suburbs and um and it’s like a it’s that’s not the exact percentage but it’s like it’s a 50 000 average ticket um it’s the number one like kind of like optional upgrade to a house that that happens and um and so you know those companies are doing really well pool construction companies and so maybe if you fast forward 10 years down the road sauna and cold plunge is going to be as common as swimming pool is in america like i could i could see a world where that’s the case i definitely could too so um i’ll have to remember exactly what these the the study says but there’s a there was a very reputable and famous study and it said two interesting things the first thing that it said was if you sauna for two 20-minute sessions a week it decreases the likelihood of cardiovascular disease by something like 30 or 40 percent a massive number then it said if you sauna for three 20-minute sessions a week it’s gonna decrease it by like 60 like it’s like the numbers are like astronomical just from two to three let alone zero to two and so sauna’s like i i i the what the way it works is basically like when your body heats up that much i guess it stresses it and that that’s a really healthy and good stress and uh anyway it’s pretty sick i’m all about that