Back to Episodes
#872April 29, 202674:39

This Opportunity Is Hidden In Plain Sight

About This Episode

Sam and Shaan discuss identifying the 'next wave' of business opportunities, specifically highlighting the massive anticipated economy surrounding the release of Grand Theft Auto VI. They also analyze OpenAI's acquisition of the media company TBPN and explore historical lessons on managing elite creative talent from the life of William Randolph Hearst.

Episode Description

Get our Business Idea Database: https://clickhubspot.com/etsl Episode 819: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) answer the question, “If you’re smart and in your 20s, where’s the opportunity?”

Show Notes

  • 0:00Where is the opportunity right now?
  • 08:01the buff billionaire
  • 19:43We break down the TBPN acquisition by OpenAI
  • 31:592 stories of John Coogan being locked in
  • 41:56William Randolph Hearst
  • 54:48Collecting 100x talent

Check Out Shaan's Stuff

  • Shaan's weekly email
  • Visit
  • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
  • Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
  • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:
  • beehiiv.com/mfm-challenge

Key Takeaways

1

Identify the 'main thing' your business must master to win and either become a world-class expert at it or recruit someone who is.

2

Utilize 'the great lock-in' by committing to extreme focus and manual effort for at least 12 months to generate unstoppable momentum.

3

Hire A+ talent because their value is often 10x-100x that of an average employee while their cost is usually only marginally higher, creating a massive arbitrage opportunity.

Business Ideas Mentioned

GTA VI Meta-Economy Services

Content & Media

Streamer-First Affiliate Brands

E-commerce

View all ideas

Guest Graveyard Mentions

MP

Mark Pincus

View guest graveyard

Share Episode

YouTube

Quick Stats

Duration74:39
Guests0
Ideas Discussed2
Topics0