My 6-Step Process To Find +$1,000,000 Business Ideas
About This Episode
In this solo episode, Sam Parr answers listener questions, detailing his six-step research methodology for identifying lucrative business opportunities through tools like SimilarWeb and annual reports. He also discusses his personal philosophy on maintaining extreme fitness consistency, the importance of focus over 'shiny object syndrome,' and techniques for becoming a more interesting person.
Episode Description
Show Notes
Links
- Similarweb
- Annual Reports
- Companies House
- Central Athlete
- MyBodyTutor
- ViralCuts
- Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
Check Out Sam's Stuff
- Hampton
- Ideation Bootcamp
- Copy That
Check Out Shaan's Stuff
- Try Shepherd
- Shaan's Personal Assistant System
- Power Writing Course
- Daily Newsletter
- Small Boy Newsletter
Key Takeaways
Identify 'hooks' in public company annual reports by looking for single lines that highlight their fastest-growing segments, such as succulents for 1-800-Flowers or non-alcoholic beer for Heineken.
Eliminate decision fatigue by establishing 'flat-ass rules' for non-negotiable habits, like Sam's commitment to never missing a workout regardless of travel or schedule.
Become a 'collector of people' by hosting low-cost events like book clubs or meetups to build a network of talented individuals before you actually need to hire them.