The HeyCreator Show
Finding Your Path: A Conversation with Eric Lam
Aug 22, 2023
Entrepreneur Eric Lam, known for his work on the Exploding Ideas newsletter, discusses his background in music, recognizing potential, and building a personal brand. They also touch on Reddit, market testing, and the challenges of entrepreneurship.
49:33
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Quick takeaways
- Identifying trending opportunities and taking calculated risks can lead to profitable ventures.
- Embracing a trial-and-error mindset, learning from failures, and staying unemotional are crucial for entrepreneurial success.
Deep dives
Discovering Green Noise: A Profitable Idea
One of the most favorite and successful ideas shared in the podcast episode was the concept of Green Noise. Green Noise is a sleep sound that gained popularity on TikTok and became a trending search term. The speaker recognized the opportunity and built a website that offered Green Noise on various streaming platforms like Spotify and Apple Music. The startup costs were minimal, and within the first month, they made a profit of $300. Over time, the earnings increased to $750, with minimal effort required after the initial setup. This success story showcased the power of identifying trends and taking calculated risks, resulting in a profitable venture.
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