Episode
#198 - How to Build a Unicorn Around the NCAA Reg Changes
1:06:32
Published: Fri Jul 09 2021
Description
Sam (@TheSamParr) and Shaan (@ShaanVP) break down opportunities created by the NCAA regulation changes. One of those ideas Sam said was the best he's heard in months. They also talk about Sam's road trip adventure to New York. The guys finish the episode brainstorming ideas ranging from an internal search engine for company documents to Zapier for sounds to referral programs. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (:54) Intro * (1:47) Sam's Nightmare Trip to NYC * (7:19) Opportunities for healthy eating on the go * (11:17) The Roaring 2020's * (13:04) NCAA Athlete Opportunities * (20:29) Inflections * (25:27) Stanwith.me * (32:59) A company document search engine * (39:41) Zapier for sounds * (53:58) Loyalty and referral programs * (1:01:37) The benefits of not using custom software
Chapters
The idea of taking R&D that big companies do for their custom software and making it accessible to small businesses is discussed.
00:00 - 02:48 (02:48)
Summary
The idea of taking R&D that big companies do for their custom software and making it accessible to small businesses is discussed. Another idea for automating tedious tasks, managing contact information, and unifying team data is presented.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The speaker shares a story of being stranded and frustrated with commercial travel and expressing the desire for private jet services to avoid future incidents.
02:48 - 07:07 (04:18)
Summary
The speaker shares a story of being stranded and frustrated with commercial travel and expressing the desire for private jet services to avoid future incidents.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The hosts discuss the idea of offering rides in exchange for goods or services and how it fits into today’s sharing economy.
07:07 - 09:00 (01:52)
Summary
The hosts discuss the idea of offering rides in exchange for goods or services and how it fits into today’s sharing economy. They also touch on the topic of healthy eating and how it varies across different socioeconomic groups.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
In this podcast episode, the guest speaker discusses the shift of vending machines from traditional candy and soda to healthy options, the demand for unhealthy options, and their prevalence in places like hospitals and schools.
09:00 - 11:03 (02:03)
Summary
In this podcast episode, the guest speaker discusses the shift of vending machines from traditional candy and soda to healthy options, the demand for unhealthy options, and their prevalence in places like hospitals and schools.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The speaker shares his experience as a frequent traveler, talking about how he chooses his lodging and transportation options and what he spends his money on.
11:04 - 14:40 (03:36)
Summary
The speaker shares his experience as a frequent traveler, talking about how he chooses his lodging and transportation options and what he spends his money on.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The story of a high school basketball star from Wyoming who tried to walk on the Duke basketball team but ended up being the last player cut.
14:40 - 19:55 (05:14)
Summary
The story of a high school basketball star from Wyoming who tried to walk on the Duke basketball team but ended up being the last player cut. He started selling workout plans and eventually became a successful basketball coach.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The discussion covers topics such as cultural shifts like the acceptance of gay dating apps or weed, the impact of Obamacare on the stock market, and the potential success of platforms that support entrepreneurs like Carta or AngelList.
19:55 - 26:23 (06:27)
Summary
The discussion covers topics such as cultural shifts like the acceptance of gay dating apps or weed, the impact of Obamacare on the stock market, and the potential success of platforms that support entrepreneurs like Carta or AngelList.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
Understanding inflection points, whether they be technological or legal, can help individuals shift their focus and be ahead of the game, according to the guest speaker on the podcast.
26:24 - 31:50 (05:26)
Summary
Understanding inflection points, whether they be technological or legal, can help individuals shift their focus and be ahead of the game, according to the guest speaker on the podcast.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
Mira created an interface to solve the problem of sharing sensitive information in a group or a list, ensuring that only the authorized people have access to it and preventing it from being shared with unauthorized vendors or individuals.
31:50 - 38:01 (06:10)
Summary
Mira created an interface to solve the problem of sharing sensitive information in a group or a list, ensuring that only the authorized people have access to it and preventing it from being shared with unauthorized vendors or individuals.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The two types of SaaS are bottoms up, a more organic growth approach, and epic planning, which involves extensive and strategic planning for future growth.
38:01 - 42:45 (04:44)
Summary
The two types of SaaS are bottoms up, a more organic growth approach, and epic planning, which involves extensive and strategic planning for future growth. Success ultimately comes down to strong execution regardless of the approach.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
This episode talks about the idea of a SaaS company that can play sound notifications when certain pre-set conditions are met, similar to Zapier for sounds.
42:45 - 46:13 (03:28)
Summary
This episode talks about the idea of a SaaS company that can play sound notifications when certain pre-set conditions are met, similar to Zapier for sounds.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
A new startup is offering a platform that allows landlords to incentivize timely rent payments from tenants by offering bonuses or cashback.
46:13 - 51:03 (04:50)
Summary
A new startup is offering a platform that allows landlords to incentivize timely rent payments from tenants by offering bonuses or cashback. This could lead to a reduction in late payments and lower defaults.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
Learn about a payment option where customers can make multiple payments for a product instead of upfront payment, similar to telling your parents you will work hard for four months to get something.
51:03 - 53:45 (02:41)
Summary
Learn about a payment option where customers can make multiple payments for a product instead of upfront payment, similar to telling your parents you will work hard for four months to get something.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
The speaker discusses various tactics used by e-commerce websites to attract customers, including rewards programs, spin wheels, and aha moments.
53:45 - 1:00:41 (06:56)
Summary
The speaker discusses various tactics used by e-commerce websites to attract customers, including rewards programs, spin wheels, and aha moments. The speaker suggests examining successful companies such as Starbucks and Nordstrom to generate other creative ideas.
Episode#198 - How to Build a Unicorn Around the NCAA Reg Changes
PodcastMy First Million
User engagement is a key factor in the success of a product or service.
1:00:41 - 1:05:30 (04:49)
Summary
User engagement is a key factor in the success of a product or service. Power users are more likely to be engaged and will advocate for a product or service, resulting in increased value and growth potential.