Back to Episodes
#681September 11, 20241:07:58

The $70M/yr Sports Bar + Sleepy Industries Worth $100M

About This Episode

Sam and Shaan discuss 'Cosm,' a revolutionary immersive sports bar concept generating $70M/year using planetarium-style technology to broadcast live sports. They explore the massive opportunities in 'sleepy' hardware industries like laundry and cooking appliances, and analyze a potential turnaround strategy for Weight Watchers involving clinical weight-loss drugs.

Episode Description

Episode 628: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) break down the business behind the sports bar Cosm and the massive trend coming to out-of-home entertainment.

Show Notes

  • 0:00Cosm’s playground virality
  • 10:38The Tesla of home appliances
  • 18:13$100M sleepy industries
  • 23:11The rise and fall (and rise?) of Weight Watchers
  • 40:42"What story is the data telling me?"
  • 48:54What certainty level is needed to make a decision
  • 53:49Confidence vs certainty
  • 57:22Shaan's monthly impact grid

Key Takeaways

1

Adopt the 'what story is the data telling me?' mindset to avoid cherry-picking data points that merely confirm your existing biases or narratives.

2

Look for 'sleepy' hardware industries with high unit prices and minimal innovation—such as washers, dryers, and stovetops—as they offer massive market caps with relatively low startup competition.

3

Perform a monthly '12-box grid' retrospective to identify the 1-3 specific actions or decisions that actually moved the needle, helping filter out 'cost of doing business' noise.

Business Ideas Mentioned

Weight Watchers Clinical Pivot Acquisition

Acquisitions

Premium Next-Gen Home Appliance Brand

Boring Business

Localized Immersive Entertainment Venues

Real Estate

View all ideas

Share Episode

YouTube

Quick Stats

Duration1:07:58
Guests0
Ideas Discussed3
Topics0