My First Million

#201 - Why You Should Spend 5x Your Budget on an Engagement Ring

17 snips
Jul 16, 2021
Explore the rise of Micro-SaaS and P2P marketplaces, where innovative ideas are reshaping business landscapes. Discover the future of advertising amidst privacy shifts and hear about Ghost, a game-changer for content creators. Dive into the world of IKEA Hacking, where creativity meets commerce. Also, learn about BabyQuip, a unique solution for parents traveling with little ones. End with thought-provoking reflections on life's choices and what truly matters at 90.
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INSIGHT

Privacy Concerns

  • Seeing your own location data and hearing the story of Kyle McDonald can change your perception of privacy.
  • Privacy startups have huge potential as people become more aware of data collection practices.
ADVICE

Facebook Advertising Changes

  • Apple's privacy changes limit Facebook's targeting abilities, impacting e-commerce advertisers.
  • This shift benefits consumers by reducing data tracking but makes advertising less effective.
ADVICE

Learn from Ghost.org

  • Watch Ghost.org, a WordPress/Substack competitor, for insights on building a successful platform.
  • Their open-source model and revenue transparency offer valuable learning opportunities.
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