My First Million

Business Brainstorm: Ozempic Hotline, Klout 2.0 & Failed Churches

Sep 5, 2023

01:17:49

Snipd AI

Shaan Puri and Sam Parr share 9 business ideas including Klout 2.0, Dribbble for X, a private elementary school, a Yelp for investors, and a failed churches opportunity. They also discuss a potential AI-enabled marketplace for teachers and an elite recruiting service for gamers and nerds.

AI Summary

Highlights

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Creating a private school with a focus on math and science education could be a lucrative opportunity.

A specialized network for video professionals could fill the gap in the market and provide opportunities for collaboration and hiring.

A platform specifically for investors could help startup founders navigate the investor landscape effectively by providing transparency and useful insights.

Deep dives

Private elementary schools in San Francisco are highly profitable

In San Francisco, a private elementary school called Hamlin School generates $31 million in revenue, with $11 million in profit and $100 million in assets on its balance sheet. The school charges high tuition fees, around $40,000 per year, and has a waitlist due to its reputation. The school's success is attributed to its small teacher-to-student ratio and its prestigious network of alumni, who make significant donations. The opportunity lies in creating a private school with a focus on math and science education, catering to parents who want a strong academic curriculum without a heavy emphasis on social issues.

A Yelp for Investors: Transparency in the Startup Community

01:16

LinkedIn for X and digitally under indexed industries

01:26

The Multi-Faceted Purpose of University Education

01:32

The Challenge of Dating in a Non-Binary World

01:27

Introduction

2min

The Rise and Fall of Clout

11min

Retirement, Future Plans, and Professional Services

2min

Success of Metalab and dribble

12min

Private Elementary School and Commercial Real Estate Conversion

18min

Finding Reviews for Vendors and Investors

12min

Excitement and Interest in the Mindsport Olympian

2min

Elite Recruiting Service and Game Championships for Gamers and Nerds

3min

The Decline of Churches and Potential Opportunities

7min

10.

Unbundling Education and the Church

9min

Episode 492: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/thesamparr) are back with a classic business brainstorm episode. They share 9 business ideas — everything from Dribble for X, to capitalizing on the Ozempic mega-trend, to building an AI-enabled marketplace for teachers.

Want to see more MFM? Subscribe to the MFM YouTube channel here.

—

Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com/

Check Out Shaan's Stuff:

• Try Shepherd Out - https://www.supportshepherd.com/

• Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant

• Power Writing Course - https://maven.com/generalist/writing

• Small Boy Newsletter - https://smallboy.co/

• Daily Newsletter - https://www.shaanpuri.com/

—

Show Notes:

(0:00) Intro

(2:55) Klout 2.0

(13:00) Dribbble for X

(24:50) Private Elementary School

(35:20) Sam's telemarketer days

(45:00) Yelp for investors

(46:50) Teacher's Pet

(49:10) 1-800-Ozempic

(54:00) Recruiting Elite Nerds

(1:00:20) Failed churches

—

Links:

• Klout - https://khoros.com/platform/klout

• Dribbble - https://dribbble.com/

• The Hamlin School - https://hamlin.org/

• Towerview Ventures - https://www.av.vc/funds/towerview

• Teachers Pay Teachers - https://www.teacherspayteachers.com/

• Mind Sport Olympiad - https://mindsportsolympiad.com/

• Niagra Consulting - https://www.niagaraconsulting.net/

• Church house - http://tinyurl.com/y33rfmbr

• Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

—

Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

—

Other episodes you might enjoy:

• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits

• #209 Gary Vaynerchuk - Why NFTS Are the Future

• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto

• #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett

• #218 - Why You Should Take a Think Week Like Bill Gates

• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More

• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More