Second-hand E-commerce, Door-to-door Sales, and Live Show Recaps | My First Million #189

About this video

Sam and Shaan brainstorm 20-30 business ideas after their guest cancelled last-minute, exploring slingshot startups (businesses set to boom as pent-up post-COVID demand resurges), recent investments like event planning software and litigation finance, and emerging opportunities in secondhand ecommerce and dynamic NFTs tied to athlete achievements.

Key takeaways

• Slingshot startups—businesses that were set back by COVID but are now positioned to surge due to pent-up demand for travel, events, and in-person experiences—represent a major opportunity class right now.
• Sam invested in Mary (a 3D event-planning platform using an ‘airport business’ model where captive users become customers for affiliated vendors), and Shaan is exploring Tread, which embeds a circular resale marketplace directly into D2C brand storefronts to capture secondary-market revenue.
• Dynamic NFTs (like LaMelo Ball’s ethercards) that evolve based on real-world events (e.g., winning MVP) represent a shift in how athletes can directly monetize their own IP and fan engagement without relying on traditional card makers or the NBA’s licensing agreements.
• Litigation finance—where investors fund lawsuits and take a cut of settlements—is a multi-billion-dollar industry (Burford Capital valued at $1.8B) with room for new entrants, though it requires domain knowledge and steady determination rather than genius.
• Finding opportunities doesn’t require being famous: Ben discovered LaMelo’s NFT project by simply DMing the creator after reading about the dynamic NFT concept, showing that scrappy research and genuine interest can open doors regardless of follower count.

Episode details: published June 9, 2021 · 15K views · 1:18:56 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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