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#128October 28, 20201:08:03

#123 - The Big Business of Buying Amazon Routes, and a COVID-pro…

About This Episode

Sam and Shaan explore diverse business models ranging from the 'Card My Yard' micro-franchise and Amazon delivery routes to the high-margin 'Visualize Value' digital product strategy. They also discuss the trade-offs between building significant, high-growth companies versus lifestyle-focused solopreneurship. The episode concludes with a tribute to UFC fighter Khabib Nurmagomedov following his sudden retirement.

Episode Description

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. Shaan Puri (@ShaanVP) and Sam Parr (@theSamPar) are back on the today without a guest. On today’s episode you’ll hear: How Card my Yard just might one of the best COVID-related franchises (2:10) Why Amazon logistics franchises and delivery routes are slowly becoming franchise powerhouses (5:20), Sam tells the story of his mother-in-law turned entrepreneur (11:45), Shaan and Sam talk about @visualizevalue and weigh the merits of being a solo-preneur vs. starting a world-changing technology (17:22) Shaan describes the “Zone of Genuis” and how to find it (30:30), the guys guess what their monthly burn should be to live the way they want (38:00), Shaan tells a story of how he accidentally convinced his wife to quit her consulting job to follow her passion (44:00), Sam talks about how to build an audience in-person (48:20), Sam pulls up his list of companies that he was looking to apply at 8 years ago (53:45), the two guys talk about the genius and wisdom of MMA fighter Khabib Nurmagomedov (59:00). Big thank you to Azoras for sponsoring this episode! Follow them on YouTube at https://www.youtube.com/azoras. 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

Buying existing FedEx or Amazon delivery routes can be a high-revenue, cash-flow positive business accessible via SBA loans if you can manage operational complexity.

2

The 'Authority-led Solopreneur' model (as shown by Jack Butcher) allows creators to earn millions by teaching 2% of a large social following a specific skill with zero headcount.

3

When setting financial goals, explicitly list what you are willing to give up (e.g., family time, health, or control) to avoid the traps of unintended lifestyle costs.

Business Ideas Mentioned

Hologram Equipment Party Rentals

Boring Business

Drone Light Show Franchise

Boring Business

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Guest Graveyard Mentions

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Smithy Sodine

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Quick Stats

Duration1:08:03
Guests0
Ideas Discussed2
Topics0