David Rubenstein: We took $5M and turned it into $500B

Sam's database on how long it takes to become a millionaire: https://clickhubspot.com/pnlv

Episode 861: Sam Parr ( https://x.com/theSamParr ) sits down with David Rubenstein ( https://x.com/DM_Rubenstein ) to talk about turning Carlyle into $500B, his $14B miss, and the greatest business lessons in history.

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Show Notes:

(0:00) Turning $5M into $500B

(5:13) Scrappy private equity

(11:58) Don’t fool yourself

(14:14) Turning down 20% of Amazon

(16:23) Recruiting big shots

(20:40) Finding the right partner

(22:02) Trade-offs

(27:39) Witnessing ascents to power

(31:40) The Greatest Sentence Ever Written

(33:37) History that repeats itself

(35:49) Recommended Reading

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Links:

• Carlyl - https://www.carlyle.com/

• David’s books - https://www.davidrubenstein.com/books/

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• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

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