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#155January 20, 20211:26:44

#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Cre…

About This Episode

In this brainstorm-heavy episode, Shaan Puri and his longtime friend Suli Ali discuss a wide array of business opportunities including personal data monetization and specialized co-living spaces. They explore the 'Stripe for Vice' model and the concept of creating a new internet-driven religion based on rational life philosophies.

Episode Description

Shaan Puri (@ShaanVP) and Suleman "Suli" Ali (@sulemanali) discuss: - Creating a reputation database for people - Voluntarily selling your data to companies - Dealing with scammers - Creating a publically available org chart - A new religion that celebrates life instead of death and the new in-vogue churches - Sharing assets among friends. Example: together.casa - Creating the “Stripe for vices” - Suli answers: How would you make a million bucks quickly? If you look at your calendar for the past 30 days, who was the most interesting person or company you met with? Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you 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. Editing thanks to Jonathan Gallegos (@jjonthan)  See acast.com/privacy for privacy and opt-out information.

Key Takeaways

1

Build 'Stripe for Vice' by providing infrastructure for industries that reputable incumbents like Stripe or PayPal refuse to touch due to terms of service restrictions.

2

The 'Superhuman for X' framework suggests there is a massive opportunity to build high-priced, sophisticated tools for the top 1% of power users in any software category.

3

Entrepreneurship is a game of endurance where sticking with the craft for a full decade often results in significant success as knowledge and networks compound.

Business Ideas Mentioned

Yelp for People Reputation System

SaaS

Personal Data Monetization Marketplace

Marketplace

Rational Life Philosophy Religion

Content & Media

Stripe for Vice Industries

SaaS

Specialized Co-Living Niche Communities

Real Estate

Consumer Brand Pharmaceutical Company

E-commerce

Low-Cost Title Insurance Disruptor

Boring Business

SaaS Arbitrage Agency

Agency

View all ideas

Guest Graveyard Mentions

EH

Elizabeth Holmes

JB

Jordan Belfort

View guest graveyard

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Quick Stats

Duration1:26:44
Guests1
Ideas Discussed8
Topics5