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#631April 30, 20241:00:17

The AI App Doing $6M With 1 Employee

About This Episode

Shaan Puri and Sam Parr discuss the viral 'lookmaxing' trend and the Umax app, which reached a $6 million run rate with only one employee by productizing male grooming advice. They also explore the business opportunities created by 'forever chemicals' (PFAS) and the 'export framework' for turning internal company tools like Beehive into standalone SaaS products.

Episode Description

Episode 579: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about 3 niche trends they’ve found that are guaranteed to make $1M+. Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5

Show Notes

  • 0:00Shaan gets his hotness score
  • 2:30Reddit trend leads to $6M ARR beauty app for men
  • 10:12Male nail care influencers
  • 12:42Sam upstages Shaan's beauty score
  • 14:00Spin-off businesses: Med Spas
  • 16:00Aging influencers and modern male grooming products
  • 20:27The story of Teflon and Dupont's billion dollar problem
  • 22:49Forever chemicals are in our water
  • 26:14Pfas free products
  • 29:12A regulatory inflection point is here
  • 33:16Trend: Assassins with water guns
  • 34:32$0 - $250K MRR app
  • 35:22Playground virality
  • 38:00Trading expertise for social vouching
  • 49:10Exporting a profitable internal tool

Key Takeaways

1

Productize organic community trends by identifying active subreddits or TikTok niches and using AI to automate the feedback or advice users are already seeking.

2

Monitor 'regulatory inflections,' such as the EPA's recent actions against PFAS, to identify massive new market opportunities for clean and chemical-free consumer alternatives.

3

Apply the 'Export Framework' by identifying a specialized internal tool that was essential to a company's success and turning it into a standalone product for the broader market.

Business Ideas Mentioned

Thrive Market for Forever Chemical Free Products

Marketplace

AI-Powered Lookmaxing App Clones

AI & Automation

Modern Personal Care Brand for Gen Z Men

E-commerce

Influencer Agency for Male Aesthetic Coaching

Agency

View all ideas

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Quick Stats

Duration1:00:17
Guests0
Ideas Discussed4
Topics0