588 - How to Spot Trends & Capitalize in a Post-Pandemic World with Sam Parr, Founder of The Hustle & Trends.co

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.6 • 2.7K Ratings

🗓️ 18 May 2020

⏱️ 91 minutes

🔗️ Recording | iTunes | RSS

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Summary

Business is changing. And so is investing. Risk is higher these days. And people want predictions. But no one really knows. You can’t predict something that’s never happened before... You can only look at what’s possible. So I called up Sam Parr. He founded The Hustle, an 8-figure company that started with an email. And NOW The Hustle has a new arm, which I'm really excited about: trends.co which tells you HOW trends are changing in real-time. It's run by a team of analysts and entrepreneurs who scour global markets for opportunities to help you make money and build businesses successfully. Definitely check them out. And Sam surprised me at the end with a special gift for our listeners so I hope you enjoy. Thanks, - James I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to “The James Altucher Show” and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook

Transcript

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0:00.0	This isn't your average business podcast and he's not your average host.
0:06.4	This is the James Altiger Show.
0:09.4	Today on the James Altiger Show.
0:15.4	So again, you write about so many creative business models even in this environment.
0:19.1	What strikes you right now is an interesting business model.
0:21.9	What else is out there that you think is interesting for people to start?
0:24.6	So like we have the hustle and then we have trends.
0:26.6	And what trends is we've hired a team of analysts and all we do is go out and
0:29.8	reverse engineer cool stuff and like do case studies.
0:33.0	And we have all these data points to show like what we think is going to be popular.
0:36.1	And it's freaking awesome.
0:37.3	It's just like my own playground because I like to go out and angel with us in companies
0:40.8	and this just tells me what to do.
0:42.7	I love it.
0:43.7	And so what trends do you see happening right now, particularly it's hard to really predict
0:48.5	post shutdown.
0:50.2	What's going to flourish and what's going to die in the next 12 months.
0:53.8	It's hard to predict but I don't think that's the right word that I'm looking for.
0:57.3	What I'm looking for is what's possible.
0:59.9	And so I like to look at what are consumers or businesses demanding and how are people
1:05.3	doing things in other countries or other regions of the world.
1:08.0	And basically what's working at a small level already and it's growing even if it's just
	...

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