My First Million

3 Blue Collar Side Hustle Ideas From A $40M Founder

275 snips
Jan 1, 2024
Sam Rattner, a remarkable entrepreneur who sold his first company for $40 million by the age of 23, shares his insights on diverse blue-collar side hustles. He discusses innovative ventures like door-to-door snow plowing and vending machines, exploring under-served markets. Rattner’s adventurous spirit shines through as he recounts his experiences with riverboat casinos. The conversation also touches on effective pitching strategies and the surprising value found in niche markets, like duck calls, showcasing the entrepreneurial potential in overlooked areas.
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ANECDOTE

Early Business Lessons

  • Sam Rattner ran a successful snow removal business in high school, earning $50-60k.
  • This early experience taught him about scaling, financing, and customer acquisition.
ADVICE

Finding Value

  • Focus on difficult, capital-intensive markets that others avoid.
  • These less competitive areas hold long-term value for building substantial businesses.
ANECDOTE

Pre-Launch Success

  • Sam Rattner sold his sports betting company pre-launch for $40 million at 23.
  • He secured licenses and market access, making his company attractive to larger players like FuboTV.
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