The Value of Data and Finding the Edge

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Data itself is not valuable; it's the use of data that provides value to customers. The focus should be on the edge or advantage data can offer. When considering data opportunities, think about the edge it will drive, the ability to collect the data, and the size of the opportunity in specific verticals like financial services, AI companies, and sales/ad tech. Understanding the target market and the potential impact of the data on decision-making is crucial for building a successful data business. Selling benchmarking data with real impact can lead to substantial business growth, while irrelevant benchmarking data is unlikely to attract customers.

Episode 595: Anand Sanwal ( https://x.com/asanwal ) joins Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) to reveal his playbook for building an insanely profitable data business.

—

Show Notes:

(0:00) Anand’s data arbitrage playbook

(9:51) Starting weird as Chubby Brain

(12:03) Don't run 100mph in the wrong direction

(14:53) Edge, Collection, and Opportunity

(19:24) IDEA: High-end Glassdoor

(27:00) IDEA: C-Suite Head Hunting Service

(28:57) IDEA: HomeOptions for Founder Exits

(32:17) Anand's School of Entrepreneuring

(36:03) Learn how to think, not what to think

(38:18) The Die-At-Your-Desk Life Philosophy

(39:26) Competency-based curriculum

(42:47) IDEA: Slime Museums

(46:40) IDEA: Autonomous HOA Convenience Stores

(51:32) IDEA: Online Addiction Centers

(58:51) Leadership lessons from legendary coaches

—

Links:

• [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy

• CB Insights - https://www.cbinsights.com/

• Bloomberg article - https://tinyurl.com/32ns9beu

• Blackbaud - https://www.blackbaud.com/solutions/total-fundraising-solutions

• HomeOptions - https://www.homeoptions.com/

• IMG Academy - https://www.imgacademy.com/

• American Addiction Centers - https://americanaddictioncenters.org/

• Weapons of Mass Instruction - https://tinyurl.com/49s6xhpk

• Chasing Perfection - https://tinyurl.com/46hc5zxj

• The Score Takes Care of Itself - https://tinyurl.com/4v6k72h3

• The Talent Code - https://tinyurl.com/4h2z9yer

• The Learner Lab - https://thelearnerlab.com/

• Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf

—

Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

—

Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano