Back to Episodes
#36January 12, 202046:10

#34 - CES Highlights, Cloning US Startups & Compliance Education

About This Episode

Shaan Puri recaps his experience at CES, highlighting the efficiency of Chinese manufacturing and the rise of digital avatars. The hosts also discuss the 'clone factory' model of Rocket Internet and brainstorm business opportunities in corporate compliance training and high-end membership programs.

Episode Description

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big business ideas that's keeping them up at night. We're going to try and keep these consistent -- about every Thursday and even maybe even 2 a week. Today Sam kicks it off by telling some of the most promising technologies he found at CES 2020, meeting some D2C guys and being astounded by their insane growth rates, the 3 bro's shamelessly knocking off US startups and getting rich, how lucrative trade shows/membership programs/courses can be, why compliance education packages could sell for $$$ to large companies & Shaan reflects on his decade goals and talks about what he wants accomplished by 2030.  See acast.com/privacy for privacy and opt-out information.

Key Takeaways

1

The 'Clone and Conquer' model used by Rocket Internet proves that executing proven US business models in untapped international markets is a highly viable path to massive scale.

2

Corporate compliance and mandatory training (like sexual harassment and diversity training) is a massive, unsexy market where current content is poor, leaving room for high-quality media disruptors.

3

Designing your lifestyle for 'spontaneous proximity'—specifically living within walking distance of close friends and collaborators—is more impactful for happiness than traditional networking or financial goals.

Business Ideas Mentioned

Remote Work Industry Trade Show

Content & Media

Construction Industry Trade Show

Content & Media

Guaranteed SaaS Savings Membership

Marketplace

Modern Corporate Compliance Training

Content & Media

Book-to-Course Actionable Training

Creator Tools

View all ideas

Guest Graveyard Mentions

KWU

Keith Wasserman's Uncle

View guest graveyard

Share Episode

Quick Stats

Duration46:10
Guests0
Ideas Discussed5
Topics0