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Sam Parr and Shaan Puri discuss the economics of luxury hobby magazines, predict Ai cameras, and share insights on finding the next tech wave. They also talk about how rich people spend money, the myth of second homes, and avoiding product obsolescence.
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Quick takeaways
- Diversification through magazine acquisitions and unique projects can lead to substantial revenue growth.
- AI-based cameras are revolutionizing sports events with advanced tracking, live streaming, and cloud capabilities.
Deep dives
Craig Fuller's Innovative Business Ventures
Craig Fuller, an entrepreneur, diversified his business portfolio by acquiring various magazines, including Flying magazine, and investing in unique projects like a flying club in Tennessee. With over 30 acquired magazines and a $50 million annual prediction, he aims for a billion-dollar revenue by 2030 by leveraging his media businesses to sell products to target audiences.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode