My First Million

#16 - TRT Subscriptions, Cord Blood Banking, Digital Museums

25 snips
Oct 9, 2019
Join hosts Shaan and Sam as they dive into quirky business ideas like a TRT subscription service and the rise of cord blood banking. They explore the innovative world of digital museums and the unexpected trend of pets on socks. The duo also touches on real estate hunting and discusses the cultural significance of adventure retreats for men. With humor and insight, they uncover unique side hustles and the impact of remote work on today's entrepreneurial landscape.
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ADVICE

Targeted Advertising

  • Target specific demographics when advertising.
  • For pet socks, consider targeting people who like specific breeds.
INSIGHT

TRT's Business Potential

  • Testosterone Replacement Therapy (TRT) addresses declining testosterone levels in men, impacting mood, ambition, and health.
  • Shaan Puri is fascinated by TRT's business potential due to its recurring revenue model and growing market.
ADVICE

D2C TRT Service

  • Create a D2C TRT service with in-person blood draws and telehealth consultations.
  • Charge a monthly fee, bypassing insurance complexities initially.
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