Brainstorming The Best Business Ideas To Start In 2022 with Noah…
About This Episode
Sam Parr is joined by Noah Kagan to discuss the strategies behind growing a YouTube channel to 300,000 subscribers and the high-profit potential of acquiring digital assets like WordPress plugins. They brainstorm several business ideas for 2022, including urban survival kits, agency-specific software, and services that negotiate lower medical bills for individuals.
Episode Description
Show Notes
- 00:30- TheColdPlunge.com
- 04:15- OkDork.com
- 05:55- How to grow a YouTube channel
- 10:45- TikTok vs YouTube
- 13:50- Chrome extension businesses
- 22:20- What Mint.com did wrong
- 32:45- How to become "Wirecutter for the end of the world"
- 34:10- One person businesses and businesses with zero startup costs
- 34:40- The best selling AppSumo app of all time
- 49:30- Noah's yearly and monthly reviews
- 54:17- Best buys under $100
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- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
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- Additional episodes you might enjoy:
- #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits
- #209 Gary Vaynerchuk - Why NFTS Are the Future
- #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
- #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
- #218 - Why You Should Take a Think Week Like Bill Gates
- Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More
- How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Key Takeaways
The 'Power Law' of content shows that a tiny fraction of your videos or posts will drive the vast majority of your audience growth and revenue.
Acquiring unoptimized digital assets, such as outdated WordPress plugins or Chrome extensions, is a powerful shortcut to gain established traffic and users.
Performance-based service models, like taking a percentage of savings from negotiated bills, create a 'win-win' scenario that is highly attractive to customers.
Business Ideas Mentioned
Urban Survival Kit in a Box
E-commerce
AI Topic Discovery for Creators
Creator Tools
Crypto and NFT Social Scraper
AI & Automation
Agency-Specific Project Management Software
SaaS
Personal Medical Bill Negotiator
Agency