I sat down with Connor, an entrepreneur based in New York who owns self-storage, recruiting, and e-commerce businesses. In this second part of our conversation, we talk about creating a health product for athletes with only two ingredients and how to make it scalable. We also discuss how to convert cheap construction permit data into high-ticket lead sales, as well as a unique concept for a gym for personal trainers, giving them more autonomy over their clients.
We also talk about the importance of packaging and framing ideas to increase their value, and how to create and sell market research reports for businesses.
This is part two of a two-part episode. The first part went live last week in episode #067.
Timestamps below. Enjoy!
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00:00 Highlights & Introduction
00:56 Introduction to Million-Dollar Business Ideas
01:10 The Workout Honey Concept
02:31 Market Potential and Challenges
03:19 Packaging and Branding Strategies
05:47 Exploring Additional Product Ideas
08:53 Construction Journal: A Hidden Gem
13:40 Leveraging Data for Business Growth
18:32 Product Market Validation and Research
19:40 Exploring New Product Ideas
19:54 Identifying Potential Customers
20:56 Insights from Xavier Helgeson
22:05 The Value of Market Research
23:12 E-commerce Idea Validation
25:00 Personal Training Gym Concept
32:33 Ranking Business Ideas
34:38 Planning for Recession-Resistant Businesses
35:55 Conclusion and Next Steps
