My First Million Five +$10M Ideas (from a guy who's done it 3 times)
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Jan 10, 2025 Sheel Mohnot, a venture capitalist with a $320 million fund and known for his work with Thistle, shares his insights on lucrative business ideas. He discusses creating affinity-based retirement homes that cater to shared lifestyles and a Yelp-style platform for professional services. Sheel also reveals unique concepts like a school for AI tools and an outsourced pizza service. Alongside these ideas, he reflects on his entrepreneurial journey and the importance of adaptability and creativity in business.
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iPod Mini Hustle
- Sheel Mohnot started a headphone business after his iPod Mini headphones broke.
- He traveled to China, found a manufacturer, and sold colored headphones matching the iPod Mini.
Dot Collector
- Be a "dot collector" by exploring diverse interests and experiences.
- These dots might connect later, leading to unexpected opportunities and insights.
Living on a Dollar a Day
- Sheel Mohnot lived in India for a year on a dollar a day, which taught him resourcefulness and the importance of community.
- This experience influenced his life significantly.