My First Million #202 - A Breakdown of Trendy New Businesses & Boring 9 Figure Businesses
Jul 21, 2021
Exploring old school yet lucrative businesses, such as class rings and stretching gyms, provides intriguing insights. They also delve into the rise of ephemeral tattoos reflecting new wellness trends. The discussion touches on the value of timeless business models and critiques traditional companies like Jostens. Ethical concerns surrounding deceptive practices and the impact of branding are examined, making you question the integrity of some modern ventures. Lastly, personal stories illustrate the evolving landscape of content creation and online services.
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Content Creation Challenge
- Sam Parr challenges himself to write an episode of "The Office" in 30 days.
- He aims to create high-quality content, even if it's challenging, rather than frequent low-quality content.
Stretching Gym Trend
- Stretching gyms like Stretch Lab are gaining popularity, focusing on slow exercise.
- This trend reflects a growing interest in mobility and flexibility training.
Ephemeral Tattoo Trend
- Ephemeral tattoos, lasting 12-15 months, are a growing trend, increasing the market for tattoos.
- Ephemeral allows broader adoption as it represents a smaller commitment than permanent tattoos.