The speaker openly engaged in public research for developing their business idea by interviewing founders of existing companies like Chief, Tiger 21, Informa, and VISTAGE on a podcast, discussing their business models, strengths, weaknesses, and success factors. By transparently examining the pros and cons of various membership and community-based businesses in front of an audience, the speaker reverse engineered their business model using the insights gained from the SWOT analysis conducted during these discussions.
Episode 132: To kick off Founder's Journal's new episode format, I speak with Sam Parr (@thesamparr), founder of The Hustle and Hampton. Sam is an expert at reverse engineering business ideas, and we speak about the tools and frameworks he uses to find and vet the best businesses using examples from Sam's life.
Sam's List: samslist.co
Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com
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