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#635May 8, 202453:20

These Executive Doctors Charge $10k Per Appointment?!

About This Episode

Sam and Shaan explore high-margin business models including executive health clinics and stock exchanges, emphasizing the importance of 'remarkable' products to reduce marketing costs. They also discuss the 'Pizza Meter' and other quirky economic indexes used to predict global events while sharing startup pivot wisdom from Eric Ries.

Episode Description

Episode 582:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk about the $1B idea that is basically inevitable, why stock exchanges are the smartest business model ever created and the female Pieter Levels who we’re crowning our Hustler of the Week.  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's billion-dollar idea: Executive Check-ups
  • 2:12Mayo Clinic’s $100M proof of concept
  • 12:58$15K/mo lead gen arbitrage
  • 17:25Pizza intelligence
  • 19:41Shaan's Mount Rushmore of indexes
  • 24:54The most profitable companies in the world
  • 26:32Why stock exchanges have the best business model
  • 33:20"Shoot your old idea in the head" - Eric Ries
  • 41:20Hustler of the week: The Female Pieter Levels
  • 43:30"Marketing is the tax you pay for an unremarkable product"

Key Takeaways

1

Perform a 'public execution' of old startup assumptions during a pivot to ensure the entire team is aligned on the new direction and abandons dead-end ideas.

2

Focus on creating 'remarkable' products that generate word-of-mouth, as traditional marketing is essentially a tax paid for having an unremarkable product.

3

Monitor 'alternative intelligence' signals like the Pizza Meter (spikes in late-night delivery at government buildings) to identify major events before they hit mainstream news.

Business Ideas Mentioned

Soho House for Medicine

Boring Business

Manual Lead Generation Agency

Agency

Branded Fruit for Corporate Events

E-commerce

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Quick Stats

Duration53:20
Guests0
Ideas Discussed3
Topics0