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#530August 1, 20231:00:26

One-Chart Businesses, The Lice Lady and Having A Micro-Hustle Me…

About This Episode

Sam and Shaan analyze 'one-chart businesses,' identifying how singular, massive trends like the rise in cremation rates or the fall in genome mapping costs can define successful ventures. They also explore high-margin niche services such as premium hair extensions and mobile lice removal while debating the psychological 'micro-hustles' that can increase revenue in everyday business interactions.

Episode Description

Episode 481: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk about how the biggest opportunities lie in one-chart businesses, how Covet & Mane became a massive beauty-care business, why The Lice Lady is a killer blue-collar side hustle, and how to apply a micro-hustle mentality into your everyday life. Want to see more MFM? Subscribe to the MFM YouTube channel here. 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

Show Notes

  • 0:00Intro
  • 0:50Michael Rubin’s White Party
  • 4:00One-Chart Businesses
  • 12:35Being a Conscious Consumer
  • 19:30One Choice Is No Choice
  • 22:00Covet & Mane
  • 37:20The Lice Lady
  • 44:30AAA Locksmith: The Micro-hustle Mentality
  • 53:00Weird AI Tool of the Week: Roundtable.ai

Links

  • After.com
  • Steph Smith’s Tweet
  • Covet & Mane
  • Style Seat
  • MindBody
  • Squire
  • Bricia Lopez
  • LiceTreatmentLA.com
  • LiceBustersUSA.com
  • Roundtable.ai
  • 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

1

Identify 'One-Chart Businesses' by spotting data trends moving from a minority to a majority behavior, which provides a clear roadmap for where future market demand will consolidate.

2

Master the 'Micro-Hustle' by applying human psychology to existing roles—such as a waiter framing a dessert order as a collective group decision—to increase transaction value.

3

Target fragmented service industries like hair extensions or barber shops where specialized logistics software and community-building can turn a 'boring' business into a multi-million dollar company.

Business Ideas Mentioned

Mobile Lice Testing and Certification

Boring Business

Gamified Restaurant Dessert Selection App

SaaS

Cremation Logistics and Tracking Software

SaaS

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Quick Stats

Duration1:00:26
Guests0
Ideas Discussed3
Topics0