Five +$10M Business Ideas with high success rates
About This Episode
Guest Sheel Mohnot, a venture capitalist and entrepreneur, joins Sam and Shaan to discuss his journey from living on a dollar a day in India to investing in multi-billion dollar companies like Flexport. They explore how being a 'dot collector' leads to success and brainstorm several niche business opportunities in real estate, professional services, and health.
Episode Description
Show Notes
- 0:00Intro
- 2:33iPod mini hustle
- 10:40Being a dot collector
- 20:30The $100M story of Thistle
- 24:30IDEA: Affinity-based retirement home
- 34:30IDEA: Yelp for professional services
- 38:48IDEA: Pearly whites
- 42:10IDEA: Outsourced pizza
- 44:40The story of Grey Goose
- 48:00IDEA: School for AI Tools
- 52:00Sheel's credit card stack
- 59:00Sheel's position on crypto
- 1:03:00Learning to sell
Check Out Shaan's Stuff
- Shaan's weekly email
- Visit
- Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
- Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
Check Out Sam's Stuff
Key Takeaways
Become a 'dot collector' by saying yes to adventurous paths and diverse experiences, which often connect in unexpected ways to create massive professional advantages later.
When analyzing a business model, identify and solve for structural waste, such as how Thistle solved food delivery inefficiencies by using a subscription-led Friday deadline to predict demand.
Negotiation is an underutilized skill that applies to everything from retail stores like Macy's to major financial institutions like Schwab, often requiring only a direct request to unlock discounts or custom terms.
Business Ideas Mentioned
Affinity-Based Retirement Community Development
Real Estate
Unbundled Quick-Service Dental Cleaning Bars
Boring Business
Niche Marketplace for B2B Agencies
Marketplace
In-Person AI Tool Training Centers
AI & Automation
Genealogy and Ancestry Platform for India
Content & Media