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#211June 9, 20211:21:10

#189 - Second-hand E-commerce, Door-to-door Sales, and Live Show…

About This Episode

Sam and Shaan recap their live shows in Austin and Miami while discussing 'slingshot startups' that are poised to explode post-pandemic. They brainstorm opportunities in circular e-commerce and litigation finance before closing with a deep dive into the psychological mastery required for door-to-door sales.

Episode Description

Sam (@theSamParr) & Shaan (@ShaanVP) discuss second-hand e-commerce, door-to-door sales, and business poised to bounce back after COVID in this episode. They start off the episode recapping the live shows in Miami and Austin which leads them into personal travel and other slingshot business set to rebound after a COVID slump. The guys transition to the Mayweather Paul fight, the infamous Charizard necklace, and to some exciting things happening in the NFT space. They close it out with Shaan sharing ideas on litigation finance, second-hand e-commerce, and a fantastic story on door-to-door sales. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------

Show Notes

  • * (1:16) - Episode Overview
  • * (2:31) - Intro
  • * (5:44) - Recap of Live Shows
  • * (6:55) - Personal travel is crazy right now
  • * (10:10) - Sam & Shaan on slingshot startups
  • * (20:26) - How sports are innovating
  • * (23:09) - Floyd Mayweather vs. Logan Paul
  • * (25:27) - The Charizard Necklace
  • * (27:18) - LaMelo Ball’s NFT collection
  • * (33:55) - What is Ether.Cards
  • * (41:52) - Peter Thiel and litigation finance
  • * (50:22) - Second-hand e-commerce
  • * (1:00:42) - Mega-segment on door-to-door sales
  • * (1:20:11) - Outro

Key Takeaways

1

Adopt 'Circular Commerce' by allowing customers to resell products directly on your brand's website, creating a new revenue stream and increasing the asset value of your goods.

2

Master the 'Slippery Slope' of sales: the goal of a door knock is only to get into the house, and the goal of an email capture is only to lead to the next page, building micro-commitments along the way.

3

Look for 'Slingshot Startups'—businesses that were artificially held back by COVID-19 and have now built up massive potential energy to grow as the economy reopens.

Business Ideas Mentioned

Litigation Finance for Small Lawsuits

Boring Business

White-label Secondhand Brand Marketplaces

SaaS

My First Million Coworking Space

Real Estate

View all ideas

Guest Graveyard Mentions

BS

Bill Smith

BJ

Brian Johnson

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Quick Stats

Duration1:21:10
Guests0
Ideas Discussed3
Topics0