#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key C…
About This Episode
Sam and Shaan explore the concept of business leverage and 'zero product market fit risk,' highlighting companies like Spy Guy and Deep Sentinel. They also dive into Elon Musk's marketing strategy of selling byproducts and the high-conversion tactics used by the conservative fundraising platform WinRed.
Episode Description
Check Out eposaudio.com/millions for a free trial! Companies mentioned
- https://www.spyguy.com/
- See acast.com/privacy for privacy and opt-out information.
Key Takeaways
Prioritize business models with high leverage, such as software, where you can 'build once and sell a million times' to avoid the constant effort of content or service treadmills.
Look for 'zero product market fit risk' by focusing on technical challenges for products that have guaranteed demand (like automated cleaning or faster travel) rather than building something easy that no one may want.
Transform marketing from a cost center into a profit center by selling limited-edition novelty merch or byproducts that build brand loyalty while generating upfront capital.
Business Ideas Mentioned
Shopify Group Buying Referral App
SaaS
Carbon Credit Reclamation Service
Boring Business
WhatsApp-Based Group Buying Marketplace
Marketplace