The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs Part 2/2 - Riffing on Business Ideas with James Camp⏐Ep. #118
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Jan 15, 2025 James Camp, a seasoned entrepreneur with a rich background in internet-based businesses, shares his innovative ideas for tackling addiction through a subsidized rehab model. He discusses the potential of asynchronous technology in treating gambling addiction, particularly in the booming sports betting market. The conversation also touches on the ethics of business in addictive industries and debunks myths about market saturation. Camp emphasizes the effectiveness of simplicity and the value of copying successful strategies in entrepreneurship.
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Rehab Opportunity
- James Camp sees a large opportunity in rehab for sports betting addiction.
- He suggests online/in-person communities, newsletters, and even partnering with casinos for subsidized treatment.
Asynchronous Telemedicine
- Asynchronous telemedicine platforms can streamline addiction treatment.
- These platforms, like those used for hair loss or ED, use questionnaires for approvals, potentially reducing barriers to access.
Ethical Concerns
- Addiction treatment businesses face an ethical dilemma: curing addiction vs. profiting from it.
- Like the private prison system, incentives may not align with truly helping those struggling with addiction.