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#240July 30, 202155:22

#205 - How to Stop Your Tech Addiction

About This Episode

Sam and Shaan explore how rule changes in the NCAA and online lottery laws are creating new billion-dollar markets for entrepreneurs. They also dive into the lucrative but controversial ecosystem of mugshot removal websites and brainstorm the potential for 'digital addiction' tools and micro-payment browser extensions.

Episode Description

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) revisit the NCAA rule changes about college athletes making money and Shaan shares his prediction about who the next big sports agent will be. They also talk about buying lotto tickets via an app, the mugshot industry, & how to fight tech and porn addiction. They end the episode with Shaan sharing a Chrome extension idea. --------- * 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

  • * (:53) Intro
  • * (2:24) Buying lottery tickets online
  • * (8:46) Making money around NIL - name, image, likeness
  • * (14:21) The college sports agent
  • * (18:59) The origin story of Scooter Braun
  • * (23:01) Shaan's one regret from college
  • * (24:37) The AngelList scout program
  • * (28:43) The mugshot posting & removal industry
  • * (35:29) An app to fight tech & porn addiction
  • * (39:02) Story sidebar - Earl Nightingale & who's serving who
  • * (42:12) Back to fighting tech addiction
  • * (46:32) An idea for a Chrome extension

Key Takeaways

1

Monitor regulatory rule changes as they often signal the opening of untapped billion-dollar markets, such as the new NIL deals for college athletes.

2

Utilize the 'diagnose and prescribe' sales strategy by identifying specific compliance problems or violations for a client and then offering the software solution to fix them.

3

Consider 'unbundling' advertising value by paying users directly for their digital foot traffic through browser extensions that bypass traditional ad networks like Google and Facebook.

Business Ideas Mentioned

Independent NIL Compliance Monitoring Service

SaaS

Campus-Based NIL Sports Agency

Agency

Modern Recovery Platform for Digital Addictions

SaaS

Paid Digital Foot Traffic Browser Extension

SaaS

View all ideas

Featuring

Hosts

SP

Sam Parr

Host

SP

Shaan Puri

Host

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Quick Stats

Duration55:22
Guests0
Ideas Discussed4
Topics0