#106 - The Q&A Special: We Answer Your Questions Live
About This Episode
In this Q&A special, Sam and Shaan answer live questions from the Trends community regarding business research, the benefits of buying existing companies, and specific advice for new ventures. They discuss tactical research methods like contacting ex-employees and provide feedback on listener ideas ranging from mental health apps to local towing directories.
Episode Description
Key Takeaways
Acquisition Entrepreneurship: Buying an existing business with an SBA loan is often a lower-risk and more immediate path to wealth than starting a company from scratch.
Information Asymmetry Research: Use scrappy techniques such as calling ex-employees or comparing beginning-and-end-of-month order numbers to uncover competitor revenue data.
Branding as the Ultimate Moat: In commodity markets like bottled water or protein bars, differentiation comes from specific demographic targeting and brand identity rather than product features.
Business Ideas Mentioned
Remote Work Compliance and Entity Setup
Boring Business
International Business Model Intelligence Newsletter
Content & Media
Secure Vertical Messaging for Law Enforcement
SaaS