My First Million

One-Chart Businesses, The Lice Lady and Having A Micro-Hustle Mentality

133 snips
Aug 1, 2023
Discover the potential of one-chart businesses that capitalize on trending ideas for success. Uncover the fascinating journey of a beauty brand that transformed the hair extension market. Explore the innovative mobile lice removal service that’s making waves in Los Angeles. Delve into the quirks of navigating social pressures and the hidden profits in unexpected industries. Learn how a micro-hustle mentality can lead to creative and profitable ventures in various fields.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

One-Chart Businesses

  • One-chart businesses reveal significant trends.
  • These trends can inform entire business plans, like cremation services capitalizing on rising cremation rates.
ANECDOTE

Founders Using Trends

  • Jack Smith started Vungle after seeing mobile gaming's rising popularity.
  • Jeff Bezos started Amazon after noticing the internet's exponential growth.
INSIGHT

Generation-Defining Stats

  • Steph Smith tweeted several generation-defining stats, including decreasing genome mapping costs and increasing college tuition.
  • These stats point to emerging opportunities, like personalized medicine and alternative education.
Get the Snipd Podcast app to discover more snips from this episode
Get the app