#111 - Sam Parr Returns: The Scheme King is Back
About This Episode
Sam Parr returns to the podcast after a health scare involving Lyme disease and temporary facial paralysis, leading to a discussion about the value of concierge medicine. The hosts explore the 'ethnographic niching' business strategy by analyzing the success of specialized grocery delivery services and religious consumer products. Shaan also breaks down the mechanics and personal motivations behind launching his new rolling investment fund on AngelList.
Episode Description
Key Takeaways
Concierge medicine represents a high-margin business model where doctors charge large annual retainers (up to $100,000) for 24/7 availability and personalized care.
Entrepreneurs can find significant opportunities by taking a broad, successful category like grocery delivery or baby products and tailoring it specifically to a niche cultural or religious community.
Negative visualization—the practice of meditating on worst-case scenarios—is a powerful stoic tool to increase daily gratitude and emotional resilience.
Business Ideas Mentioned
Boutique Concierge Medical Retainer Practice
Boring Business
Ethnographic Niche Grocery Delivery Service
E-commerce
Faith-Based Consumer Product Lines
E-commerce