My First Million

7 Business Ideas from a Unicorn Founder

1092 snips
Mar 27, 2025
In a fascinating discussion, Immad Akhund, the founder of Mercury and a unicorn entrepreneur, reveals seven innovative business ideas that challenge conventional thinking. He proposes a lunar nuclear power plant and defense tech enhancements, emphasizing the need for autonomous solutions in modern warfare. Immad also discusses spotting great ideas in unexpected places, the rise of AI startups, and the critical role of trust in banking solutions for entrepreneurs. His insights on fully committing to visionary ventures inspire a fresh perspective on success.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Defense Tech Trends

  • Defense tech is booming due to geopolitical instability, autonomous vehicle advancements, and the rise of drones.
  • This creates opportunities for startups to compete in previously inaccessible areas.
ADVICE

Identifying Great Ideas

  • Great ideas often sound bad initially but are enabled by inflection points and deter competition.
  • Look for these criteria when evaluating potential ventures.
ANECDOTE

Selling Stars

  • Shaan Puri recalls a company selling star names for $30, generating $20M annually.
  • This illustrates how a simple idea can be surprisingly profitable.
Get the Snipd Podcast app to discover more snips from this episode
Get the app