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#59March 20, 202056:07

#57 - Corona Business Ideas, Stock Buybacks & Recession Proof Bu…

About This Episode

Sam and Shaan discuss the onset of the COVID-19 pandemic and the resulting 'shelter-in-place' orders in San Francisco. They explore the ethics of corporate stock buybacks, the decline of companies like Casper and Groupon, and how entrepreneurs can find opportunities in hyper-local goods and health tech during a recession.

Episode Description

Sam (@thesamparr) and Shaan (@shaanvp) are chatting over the internet about Corona virus and all things business, markets and life impact it's having. Come hang: www.facebook.com/groups/ourfirstmillion. Want to make your first million with your mobile app? You have to prioritize your user experience first.HeadSpin is here to help. With HeadSpin’s new all-in-one platform, you can now test, monitor, and analyze mobile applications across devices, locations and networks. With state-of-the-art Global Device Cloud can help you obtain unique carrier network, device, and OS level insights for your app in more than 150 locations around the world. No SDK required. Learn more at headspin.io.  See acast.com/privacy for privacy and opt-out information.

Key Takeaways

1

Identify 'culture shifts' before developing products, as products that align with new societal values (like transparency in ingredients or local support) are more likely to succeed.

2

Utilize financial stakes and real-time biometric data, such as continuous glucose monitors, to create higher accountability for personal health and habit changes.

3

Monitor the 'blue-collar bailout' trend where government stipends or community-led gift card programs can provide essential liquidity to local service-based businesses during lockdowns.

Business Ideas Mentioned

Hyper-Local Subscription Box

E-commerce

Modern Local Digital Coupon Book

Marketplace

Biometric Financial Stakes Platform

SaaS

View all ideas

Featuring

Hosts

SP

Sam Parr

Host

SP

Shaan Puri

Host

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Quick Stats

Duration56:07
Guests0
Ideas Discussed3
Topics0