Behind-the-Scenes of Shaan's Power Writing Course | My First Million #204

About this video

Sam and Shaan discuss a dinner with a China-based executive who is bullish on America despite common narratives about China’s dominance, explore several business ideas including a Solidity bootcamp for smart contract developers and a course on raising first-round funding, review Shaan’s successful power writing course results, and analyze emerging marketplace businesses like Swimply before closing with speculation on how gas stations and charging infrastructure will evolve as electric vehicles become mainstream.

Key takeaways

• Shaan’s power writing course generated $127k in top-line revenue with $105k net profit from 320 students, achieving a 9.1 NPS and 10x perceived ROI, but required 50-100 hours of preparation per session due to underestimating workload complexity
• Smart contract developer education could be a viable niche bootcamp opportunity given extreme shortage of Solidity engineers, though Shaan prefers a high-ticket course model ($8k) over a placement-fee model like Lambda School
• Marketplace businesses like Swimply (pool rentals), Neighbor (storage), and Pacaso (fractional home ownership) that Sam initially dismissed as bad ideas are experiencing 4000%+ growth, suggesting recurring underestimation of sharing economy potential
• Gas station evolution will likely split into two paths: everyday charging integrating into existing retail (Whole Foods) and travel destinations becoming Bucky’s-style spectacles with entertainment and nostalgia, with automation potentially playing a supporting role

Episode details: published July 29, 2021 · 8.7K views · 52:47 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.

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