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#295December 23, 202154:30

Companies of One that Make Millions with Steph Smith

Solo-founder business modelsprofitable niche websitesSEO and keyword researchpublic domain IP

About This Episode

Sam Parr and guest Steph Smith analyze the mechanics of 'Companies of One,' profiling solo-founder businesses that generate millions in revenue through high leverage and niche focus. They discuss specific success stories like Built With and Card, the viral psychology of deal-hunting communities, and how to identify lucrative gaps in SEO and public domain intellectual property.

Episode Description

Sam Parr (@theSamParr) sits down with Steph Smith (@StephSmithio), indie creator and host of the "Sh*t You Didn't Learn in School" podcast, to talk about companies with only one employee that are making millions and what we can learn from them.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Would you like to participate in our clips contest? Earn up to $10k by remixing My First Million episodes. To learn more, go to mfmpod.com/clips. * Want more insights like MFM? Check out Shaan's newsletter. _____

Show Notes

  • 00:50- How Steph plans to become a billionaire
  • 04:30- BuiltWith.com, Levels.io, and Ugmonk.
  • 08:00- Carrd. About.me. Unfold. Media kits.
  • 11:30- NextEpisode.net
  • 18:30- The MotoMeter
  • 22:15- HeadLime
  • 26:00- Sites that have a surprising amount of traffic - GlitchnDealz.com, FoodTimeline.org
  • 40:30- "Your listicle is my opportunity"
  • 45:15- Magnus Carlsen and chess

Key Takeaways

1

Perform keyword research to identify 'Listicle Arbitrage' opportunities where high-volume search terms like 'healthiest cereal' are currently served by low-utility articles, then build a better database tool.

2

Monitor public domain expiration dates for iconic intellectual property like Winnie the Pooh to launch modernized merchandise or media products without licensing fees.

3

Capitalize on the psychological thrill of 'winning' a deal by building communities centered around pricing glitches and arbitrage, which drive massive recurring traffic.

Business Ideas Mentioned

Healthiest Fast Food Comparison Brand

Content & Media

Public Domain IP Modernization Ventures

E-commerce

Legacy Information Site Acquisition Fund

Acquisitions

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Featuring

SS

Steph Smith

11 episodes

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Quick Stats

Duration54:30
Guests1
Ideas Discussed3
Topics4