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#578December 6, 20231:08:50

From $0 to $100 Million In 3 Years Selling Cold Plunges

About This Episode

Sam and Shaan analyze the explosive growth of Plunge.com, a cold plunge business that reached $100 million in revenue in just three years by leveraging influencer marketing and high-ROAS paid media. They also explore the 'Real Short' app's success with micro-scripted soap operas and brainstorm the potential for a modern, trust-based Consumer Reports for the supplement industry.

Episode Description

Episode 527: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) reveal the numbers behind Plunge.com, predict the next TikTok, and share $100M business ideas for the health and wellness trends of 2024.   No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd

Show Notes

  • 0:00Intro
  • 0:30Plunge.com - $270K to $100M in 3 years
  • 12:30Trusted Supplements Tester
  • 19:30It's time for a new Consumer Reports
  • 25:30How Andrew Huberman monetizes trust
  • 30:00Gossip like your life depends on it
  • 39:00ReelShort - the next TikTok
  • 51:00Shaan hires an AI tutor

Key Takeaways

1

Perform a periodic 80/20 customer audit to identify high-value segments, such as how Shepherd shifted focus to the bookkeeping niche which has higher LTV and lower support needs.

2

Scale high-ticket e-commerce products by seeding them with top-tier influencers to create a 'fame arc' and authority before scaling with high-efficiency paid ads.

3

Adopt an 'absolute beginner' mindset when entering new fields like AI or finance by hiring specialized tutors to provide intensive, just-in-time education rather than traditional academic paths.

Business Ideas Mentioned

Modern Supplement Testing Media Brand

Content & Media

Professional Tutoring and Learning Channel

Creator Tools

Niche-Specific 'Flavcity' Style Product Reviewers

Content & Media

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Quick Stats

Duration1:08:50
Guests0
Ideas Discussed3
Topics0