Not Investment Advice 222: AMA - 1% Products, Dream Businesses, Disagreements, BYD vs. Tesla & is UBI a Good Idea?
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Jul 2, 2025 In a lively AMA session, the hosts dive into what makes a product a top 1% pick, sharing humorous anecdotes about their favorite beverages. They brainstorm dream business ideas, from quirky cafes to inventive gadgets. The conversation heats up as they analyze the fierce competition between BYD and Tesla, discussing market strategies and challenges. Finally, they tackle the complexities of Universal Basic Income, weighing its potential benefits against economic realities and political hurdles. Expect laughs and insightful debates!
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Top 1% Consumers' Favorite Products
- Jack Butcher is a top 1% consumer of sriracha, applying it on eggs, pasta, and sandwiches. Trung Phan consumes a lot of Spin Drift sparkling water, highlighting its authentic fruit flavors.
Dream Business: English Cafe
- Trung Phan wants to start an English cafe inspired by London's Regency Cafe, featuring customized fry ups and sandwiches. The cafe would embrace simple, authentic ingredients and classic British ambiance.
Build Niche, Creative Businesses
- Consider non-traditional or niche businesses like an English cafe or specialized hot sauce to stand out. Use creative branding and focus on unique experiences to attract customers.