How to find businesses with (almost) zero competition
My First Million episode 850, in which hosts Sam Parr and Shaan Puri talk about businesses hidden in plain sight and finding markets with weak competition. This note covers the opening banter, the business of lab testing on monkeys, the salad oil fraud story, and the ideas that nothing around you exists by accident and that gaps are everywhere. Sponsor: HubSpot, named in a mid-roll read for a free download of business ideas discussed on the show. PARTIAL COVERAGE: this note covers roughly the first 17 minutes of the roughly 45 minute conversation, plus the closing remarks and the show notes, and does not cover the later sections on noticing, enthusiasm, your 8-year-old self, being shameless and the San Francisco trip. The show is a loose conversation; all facts, figures and stories are the hosts' own claims and are not independently checked. This is not business, medical or financial advice.
Executive Summary (TL;DR)
My First Million episode 850, in which hosts Sam Parr and Shaan Puri talk about businesses hidden in plain sight and finding markets with weak competition. This note covers the opening banter, the business of lab testing on monkeys, the salad oil fraud story, and the ideas that nothing around you exists by accident and that gaps are everywhere. Sponsor: HubSpot, named in a mid-roll read for a free download of business ideas discussed on the show. PARTIAL COVERAGE: this note covers roughly the first 17 minutes of the roughly 45 minute conversation, plus the closing remarks and the show notes, and does not cover the later sections on noticing, enthusiasm, your 8-year-old self, being shameless and the San Francisco trip. The show is a loose conversation; all facts, figures and stories are the hosts' own claims and are not independently checked. This is not business, medical or financial advice.