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#601February 14, 202457:39

My Mom Started a $1M Side Hustle In Her 50's

About This Episode

Sam and Shaan discuss how Sam's mother-in-law built a million-dollar pillow brand on Etsy and the scrappy growth tactics used by a Ukrainian media-to-app empire. They also analyze the Apple Vision Pro using the 'great vs. good' product framework and the high profitability of 'boring' lead generation businesses.

Episode Description

Episode 550: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) tell how Sam’s mother-in-law built a million-dollar Etsy store out of nothing.

Show Notes

  • 0:00Intro
  • 0:30Sam rents his nemesis’s house
  • 2:00Should we kiss?
  • 4:00Sam's mother-in-law's pillow hustle
  • 14:30Mad Muscles
  • 21:00How to know which entrepreneurs to bet on
  • 26:00Dumpster enterprises
  • 29:00Niche lead gen business blueprint
  • 33:00The Review No One Asked Us For: Apple Vision Pro
  • 43:00uBiome’s $100M scam update: Happy ending?

Key Takeaways

1

Product success (like Gmail or the iPad) often stems from being 10x better in three specific categories rather than being moderately good at everything.

2

High-ticket lead generation for local, low-tech industries like senior living or pool construction is a highly effective, low-overhead lifestyle business model.

3

Mastering 'human nature' content, such as viral heartwarming or gossipy videos, creates a powerful top-of-funnel that can be used to launch and scale profitable mobile apps.

Business Ideas Mentioned

High-Ticket Local Service Lead Gen

Boring Business

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Quick Stats

Duration57:39
Guests0
Ideas Discussed1
Topics0