My First Million

5 Dead Simple Business Ideas You Can Start With A FB Ad | ft. George Mack

232 snips
Aug 30, 2024
George Mack, a marketing guru known for his innovative business ideas, joins the conversation to explore five intriguing concepts that could turn a profit with Facebook ads. He discusses creating a self-awareness test and selling artistic representations of eyes, while also venturing into the realm of personalized color analysis services. The chat takes a humorous turn as they consider the implications of designer babies and the potential of a mold removal business. Together, they push the boundaries of traditional entrepreneurial thinking.
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ANECDOTE

Personality Test Flaw

  • George Mack's mom, who is dyslexic, took a personality test with his help.
  • Her answers reflected her desired self-image rather than reality, highlighting a common issue with these tests.
ADVICE

Self-Awareness Test Business

  • Create a "self-awareness test" where friends and family assess an individual.
  • Leverage social graph effects and advertise with intriguing questions like "What does your wife think of you?"
ANECDOTE

Bebo's Quiz Success

  • Sam Parr recounts Michael Birch's success with Bebo, a social network built after selling a similar platform, Ringo, for a smaller sum.
  • Bebo's rapid growth was attributed to a "how well do you know me?" quiz integrated into user profiles, demonstrating the viral potential of such tests.
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