#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
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
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.
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.
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