4 Dumb Businesses Valued At Over $100,000,000 (#357)

About this video

Sam shares a collection of ‘frame-breaking businesses’—overlooked companies with massive revenues and profits that don’t match their low public profiles. From Compare Tech (a VPN review site that sold for $200M+ with 90% profit margins) to Quinn Street (an unglamorous lead-gen company doing $600M in revenue), to AJ Patel’s Zesty Paws (sold for $600M+), Sam and Shaan explore how unsexy, unglamorous businesses often outperform flashy startups.

Key takeaways

  • Compare Tech, a boring VPN review website started in 2015, generated $15M revenue with $13.2M profit (88% margin) and sold for over $200M—proving great margins and profitability matter more than brand prestige
  • Quinn Street owns dozens of lead-gen sites (insurance.com, car insurance.com, etc.) generating $600M+ annually with minimal design polish, showing that SEO-driven, result-focused businesses can quietly dominate without VC hype or polished branding
  • AJ Patel built Zesty Paws (dog supplements) to $600M+ in value by pivoting from regular vitamins to pet supplements, and now runs High Key Snacks—examples of how unglamorous niches can generate hundreds of millions in value without Silicon Valley attention
  • The ‘Korean convenience store owner energy’—ruthless focus on execution, high activity levels, and willingness to fire underperformers—matters more early on than scaling strategies; Sam emphasizes founders must distinguish between errors of action (trying and failing) versus errors of inaction (not trying)
  • Wonderful Company (Stuart and Linda Resnick) quietly built a $4B+ farm and consumer brand empire owning Fiji Water, Wonderful Pistachios, POM juice, and Teleflora by focusing on customer feedback and making products customers actually wanted, showing boring agricultural businesses can rival tech valuations

Episode details: published September 1, 2022 · 41K views · 55:47 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.


← Previous: We Hosted A Shark Tank For Tech Startups | My First Million Demo Day (#356) · Next: How To Make Millions By Pitching TV Shows To Netflix, Hulu And Apple (#358) →

All My First Million videos · My First Million profile · My First Million (official site)

Sister brand · Vacation Club Promo

All-inclusive resort stays from $435

Qualified couples: promotional Mexico and Caribbean packages at real resorts. Short presentation during your stay — enjoy the rest of the trip.

Qualifications apply · presentation during stay · no purchase required

Subscribe YouTube Suggest