Finding +$1M Businesses From Weird Trends (#523)

“After that, he started this social networking site called FriendFeed, which he sold to Facebook. And Facebook incorporated it. And one of the big things that Facebook took from it was they actually created the like button because of it. He sold that for about …”

“A lot of times guys like you and me or people listening, they think clothes don't matter. They think, you know, I'm just going to curse and people are going to think that I'm real and all this stuff. I've grown to think that's complete nonsense that like, you …”

“If you want to stop making money the priority, hang out with people with a lot of money, because the conversation was not about business and money making and, you know, the markets or investing or hot deals, because these guys are, like, post-economic.”

“He was the board member that basically forced Elon to stick to his offer. He stood up to Elon and basically forced Elon to buy and got an amazing deal for the Twitter shareholders.”

“Whenever somebody needed to make a deal in crypto, it was like a bet, like a ten million dollar bet, they would just wire the ten million dollars to Kobe as a trusted, neutral third party.”

“What's the longest you've ever gone on a project you were passionate about without sleep? And their answer will tell you a lot. Either they'll struggle to even come up with a number because they don't, they've ever actually had an obsession, a project they're …”

“So it's now the 2023 data is out and homeschooling has grown. I think like 40 or 50% a year, year over year for three straight years.”

“Three million in all time revenue. So basically it looks like he's going to do about three million in the first year. December when he started at 21 K January 64 K and then it basically goes up 128 172 to 44. And then the last two August, September were 550 K.”

“I like these ideas of taking a fiber, an ashwagandha, a kava, something that Has decades or centuries of like proven usage, but it doesn't, it's not packaged in a way that seems very approachable. I think that's a very fascinating way to go about this.”

“Supplements, super high margin. Supplements are repeat purchase consumables. Supplements get bought by you know, bigger companies all the time. So the exit market is fantastic. The multiples are good. Supplements can go into retail really well. The inventory i…”

“And I'm not even saying that this is all BS. Like maybe it's all true. Maybe it's all false. I have no idea. But they believe it's true. And as an entrepreneur, that's all that matters is that there are people that, that are all bought in, like they are bought…”

“They relaunched it when they got inventory back in stock. First day, they did 500 K in sales. Second day, they did 600 K in sales. 1.1 million in sales in two days when this came back.”

“Coke changed the formula for Diet Coke. They took aspartame out on the, because this video was causing so much like public, you know, like awareness and an uproar over these like fake sugars that people were putting in things. He's like, and then over six mont…”

“Ancient nutrition. They've raised a hundred million dollars, so I have to imagine they're doing hundreds of millions of revenue, and it started because this guy named Josh Axe. Dr. Axe is what his name was, or his name is, and he's got a... Dr. Axe, spelled li…”