Meeting Tim Ferriss, Real Estate & SaaS ideas (#395)

About this video

Sam and Shaan discuss insights from conversations with Tim Ferriss about his new fantasy fiction NFT project, a real estate billionaire’s strategy for building $1B in assets in 7 years, and opportunities in building SaaS tools for OnlyFans creators.

Key takeaways

• Tim Ferriss’s biggest investment mistakes were selling early (Facebook, Twitter, Shopify pre-IPO shares), and he now enters positions with a predetermined exit plan based on changed assumptions rather than price fluctuations
• Tim chose to build an ambitious fictional world with his NFT project rather than another non-fiction book because he wanted the creative challenge and energy that comes from doing something uncomfortable; he’s donating 100% of proceeds to his psychedelics-for-PTSD charity
• A real estate developer built $1B in assets in 7 years by: building relationships directly with major retailers’ executives, investing in tenant improvements on spec, avoiding paralysis-by-analysis on lease details, and focusing on retail categories still thriving (DIY, treasure-hunt shopping, dollar stores, communities less reliant on e-commerce)
• The OnlyFans ecosystem lacks SaaS tooling that exists in e-commerce (email automation, upsells, chatbots), creating opportunities for agencies, metrics sites, and tools similar to what StreamLabs did for Twitch creators

Episode details: published December 13, 2022 · 25K views · 1:05:40 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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