How to be an Entrepreneur: Advice & Mindset (See Business Opportunities) | My First Million Podcast

About this video

Sam and Shaan explore “hidden in plain sight” business ideas by examining everyday objects and systems, asking who created them and what economics drive them. They discuss examples like solar panel leasing to schools, unclaimed baggage retail, hotel amenity recycling, and turf replacement programs—all businesses built by identifying inefficiencies or waste that most people overlook.

Key takeaways

• Look for business opportunities by observing the world and asking ‘how did this get here?’ and ‘what is the economics of this?’—often revealing bureaucratic inefficiencies or hidden marketplaces
• Sam highlights a potential marketplace matching schools and organizations seeking solar installations with corporations seeking tax write-offs, eliminating upfront costs for both parties
• Shaan identifies overlooked waste streams (lawn maintenance costs, water usage, unclaimed luggage, hotel amenities) as fertile ground for business models that solve problems while reducing waste

Episode details: published July 5, 2020 · 1K views · 11:09 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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