My First Million #47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers
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Feb 20, 2020 Discover the controversial trend of paying to lose weight, combining diet discipline with financial stakes. Explore the intriguing world of robot lawyers battling spam calls, while private equity takes on verticals like cleaning and senior care. Marvel at Barstool's clever 'Zillion beers' marketing success and dive into the intense pressures faced by content creators like Mr. Beast. Wrap up with the thrill of nostalgic collectibles and the debate between risky and prudent investment strategies, showcasing the fun side of entrepreneurship.
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Weight Loss Incentive
- Consider a weight loss challenge to incentivize healthy habits.
- Track blood glucose levels and reward participants for staying within a healthy range.
Window Washing Roll-up
- The window washing industry is fragmented with small businesses.
- This presents a private equity roll-up opportunity, similar to dentistry and nursing homes.
Dental Practice Roll-ups
- Private equity firms are buying dental practices for 1-2x EBITDA.
- They centralize marketing and billing to increase efficiency.