My First Million

#202 - A Breakdown of Trendy New Businesses & Boring 9 Figure Businesses

Jul 21, 2021
Exploring old school yet lucrative businesses, such as class rings and stretching gyms, provides intriguing insights. They also delve into the rise of ephemeral tattoos reflecting new wellness trends. The discussion touches on the value of timeless business models and critiques traditional companies like Jostens. Ethical concerns surrounding deceptive practices and the impact of branding are examined, making you question the integrity of some modern ventures. Lastly, personal stories illustrate the evolving landscape of content creation and online services.
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ADVICE

Prioritize YouTube for Podcasts

  • Prioritize YouTube for podcasts due to better discoverability and engagement.
  • Package content effectively, learning from successful YouTubers like Gary Tan.
ANECDOTE

Walking 20,000 Steps

  • Shaan Puri has been walking 20,000 steps daily for improved fitness.
  • He finds walking less hunger-inducing than other exercises, aiding weight management.
ADVICE

Content Creation Challenge

  • Sam Parr challenges himself to write an episode of "The Office" in 30 days.
  • He aims to create high-quality content, even if it's challenging, rather than frequent low-quality content.
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