#107 with Chris Bakke - This Serial Entrepreneur is an Idea Mach…
About This Episode
Shaan Puri interviews serial entrepreneur Chris Bakke about his career building and selling startups to Zillow and Indeed. They brainstorm several 'asset-light' business models, including decentralized micro-schools, remote IT franchises, and the 'Shopify for SaaS' concept.
Episode Description
Key Takeaways
Use the 'Import-Export' framework to identify tools built internally at large companies that can be productized and sold to thousands of other businesses with the same problem.
Adopt a 'hybrid approach' to funding by raising a small amount of venture capital ($1-2M) to accelerate growth and bypass the 'consulting' phase without losing exit optionality.
Apply the 'asset-light' model to traditional franchises by utilizing public parks or residential spaces to eliminate heavy rent and equipment costs.
Business Ideas Mentioned
Shopify for Niche SaaS Businesses
SaaS
Asset-Light Remote IT Franchise
Boring Business
Neighborhood Micro-School Franchise
Boring Business
Park-Based Outdoor Childcare Franchise
Boring Business
Luxury Dog Nature Retreat
Boring Business
Fractional Corporate Culture Manager
Agency
Teamcation Offsite Logistics Platform
Marketplace