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#115September 16, 202052:14

#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

Sam Parr (@theSamParr) is back with Shaan Puri (@ShaanVP) on the pod today after a leave of absence from the show. In today’s episode you’ll hear: Shaan and Sam talk about Sam’s medical condition and catch up generally (0:18), Sam asks Shaan for a recap on some of the episodes from while Sam was out and Shaan tells him about Kat Cole and her rise to corporate prominence (21:45), Shaan tells Sam about the show with the Jonathon Barkl from Air Garage (25:10), Shaan and Sam talk about cultural and ethnic food delivery options like SayWeee! (29:30), Sam asks Shaan how his rolling venture fund is going (40:00), Shaan explains what a rolling venture fund is (48:45). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

Key Takeaways

1

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.

2

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.

3

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

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Quick Stats

Duration52:14
Guests0
Ideas Discussed3
Topics0