My First Million

Greatest Hits of 2021 (Vol. 1)

Jan 7, 2022
Entrepreneur Andrew Wilkinson dives into the transformative effects of a dopamine detox, sharing how it can lead to personal and professional growth. He discusses balancing ambition with wellness, highlighting strategies for betting on oneself in niche markets. The conversation also touches on creative ideas for monetizing iconic properties, including a potential Michael Jordan-themed museum. With insights into setting goals and simplifying business operations, Wilkinson offers a treasure trove of advice for aspiring entrepreneurs.
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ADVICE

MJ Museum

  • Buy Michael Jordan's house and transform it into a museum.
  • Crowdfund the purchase to generate virality and build a community of evangelists.
ANECDOTE

Successful Home Museums

  • Graceland generates $21 million annually from ticket sales, demonstrating the potential of home museums.
  • Other homes like Monticello and Mount Vernon also generate substantial revenue.
ADVICE

Niche Tours

  • Create niche guided tours based on unique experiences, like a retired NYPD officer's mafia tour.
  • Expand this to other venues like factories, warehouses, and specialized camps.
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