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#137November 20, 202056:37

How Solopreneurs are Making $1m+

About This Episode

Sam and Shaan explore the mechanics of high-earning solopreneurs, detailing Shaan's experience running a $50,000-per-month paid newsletter and the strategic value of 'kingmaking' through curated lists. They discuss the evolution of personal media brands and brainstorm concepts for niche planned communities and physical workspace retreats for digital creators.

Episode Description

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) host today's podcast. They discuss: - Shaan and his fund were featured in Business Insider - The guys talk about the business of "list making" - Shaan explains his reasoning for shutting down his All Access Pass newsletter - There is a movement towards "5-minute" cities and communities. Culdasac is a startup doing this - What is "solopreneurship"? And why is Shaan so bullish on it - Tiago Forte is building tiny homes - The guys discuss startups doing handwritten notes such as Addressable Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Companies mentioned: - Shaan featured in BI https://www.businessinsider.com/this-vc-has-over-100-lps-on-the-waitlist-for-his-hot-new-rolling-fund-2020-11 - Sam's "city guides" https://chicago.curbed.com/2014/4/23/10110584/this-week-in-chicago-neighborhood-stereotyping - Culdasac https://culdesac.com/ - Tiago Fortes' tiny homes https://twitter.com/fortelabs/status/1325969162083004418 and https://www.forteshelter.com/about - Addressable https://www.addressablemail.com/ Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

Check Out eposaudio.com/millions for a free trial! Companies mentioned

Key Takeaways

1

Practice 'Kingmaking' by creating curated lists of influential people to establish authority and drive viral distribution through the social capital of those mentioned.

2

Personal media brands can achieve massive revenue by shifting from low-monetization models like podcast ads to high-ticket offerings such as specialized paid newsletters or workshops.

3

As digital advertising becomes saturated, look for opportunities in neglected channels like direct mail, utilizing technology like handwriting robots to ensure high engagement and ROI.

Business Ideas Mentioned

Niche Immigrant Retirement Communities

Real Estate

University-Specific Influence Power Rankings

Content & Media

Creator Cabin Retreat Network

Real Estate

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Quick Stats

Duration56:37
Guests0
Ideas Discussed3
Topics0