My First Million #200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
Jul 14, 2021
Dive into the art of going all in on brilliant ideas and when it's the right move. Explore the fascinating world of performance versus brand advertising, with real-life examples. Shaan shares his experience living in a luxurious mansion while dissecting the crypto exchange that could have been a game-changer. Discover how teenagers can embark on entrepreneurial journeys through unique side hustles that spark creativity and empowerment. The importance of resilience and community in the entrepreneurial journey wraps up this engaging discussion.
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Brand Advertising as Inspiration
- Find business ideas by looking at companies doing brand advertising.
- This often indicates they're successful and can reveal interesting models.
Watch Gang Example
- Shaan Puri saw a UFC ad for Watch Gang, a watch subscription service.
- He investigated and found it intriguing, despite not fully understanding the demand.
Multiple Business Models
- When a new trend emerges, explore multiple business models.
- Consider high-risk, high-reward approaches, audience building, and agency services.