3 Killer Businesses Hidden in Plain Sight
About This Episode
Shaan and Sam explore 'hidden in plain sight' businesses that monetize free information, such as water quality reports, labor law posters, and barcodes. They discuss how marketing legends like Craig Clemens use 'human hijacks' and 'tradition hijacking' to shift culture and create massive industries like diamonds for engagement or business casual attire.
Episode Description
Show Notes
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Key Takeaways
Identify 'information arbitrage' opportunities by aggregating, structuring, and simplifying free but difficult-to-access government or regulatory data for consumers and businesses.
Use 'tradition hijacking' to create or lean into social rituals that drive product demand, such as how Macy's created the wedding registry to ensure gift sales.
Utilize 'spectacle' and 'powerful demonstrations' to overcome consumer skepticism, as demonstrated by the Otis elevator safety brake exhibition at the World Fair.
Business Ideas Mentioned
Friendsgiving Brand and Celebration Kits
E-commerce
Graduation Season Life Transition Platform
Content & Media
Founder Micro-Campus Investment Model
Real Estate