6 Retro Business Ideas That Could Be As Big As LEGO ($11.8B)

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 31 January 2024

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 545: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) brainstorm $100M retro business ideas: LEGO for adults, Tamagotchis for millennials & MORE. No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd — Show Notes: (0:00) Intro (2:30) Sam auditions a 7,500 sf house (5:00) LEGO for adults (13:00) Kidult market trends (20:00) Tamigachi babies for millennials (21:30) K'nex 2.0 (23:30) Easier Rubik’s cube (25:30) Candle pouring kits (29:00) The rabid community behind Rebrickable (35:30) The fascinating legacy of BrickLink (46:00) Grow like Fanfiction (51:00) Build the reverse funnel (58:00) Palworld's $200M week (1:03:00) Midwit strikes again — Links: • Calm - http://calm.com/ • Rebrickable - http://tinyurl.com/4tt7974b • BrickLink - http://tinyurl.com/yjzhja28 • Kim Jung-ju - https://en.wikipedia.org/wiki/Kim_Jung-ju • Wattpad - https://www.wattpad.com/ • Palworld on Steam - http://tinyurl.com/2tus5wfz — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth Check Out Shaan's Stuff: • Try Shepherd Out - https://www.supportshepherd.com/ • Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant • Power Writing Course - https://maven.com/generalist/writing • Small Boy Newsletter - https://smallboy.co/ • Daily Newsletter - https://www.shaanpuri.com/ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. — Other episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Transcript

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0:00.0	All right, this is a fun episode. Sam started doing Legos and that sent us down this rabbit hole where he discovered two businesses that I had never heard of. I guarantee you never heard of it. They're awesome businesses in the LEGO niche of all things. And then we brainstormed other things that people could do around these passionate niche audiences that most people overlook.
0:17.0	Love it. This is an MFM classic MFM special.
0:19.0	If you like this podcast, you're going to love this one.
0:21.0	And I also had like an epiphany about 45 minutes in that kind of changed the way I think about this podcast. So that's what I got out of this episode, Sam, what did you get?
0:29.0	So while researching this stuff, there is a ton of twist and turn
0:33.1	to the story, the background story of how these companies started.
0:35.9	I want you guys to listen to them.
0:37.3	It doesn't happen. It's the second story involving Lego.
0:40.1	You'll know exactly what I'm talking about when we get there.
0:41.9	It's about two-thirds of the way into the episode.
0:44.0	I got emotional researching this, and I actually want you guys to like listen to the topics
0:48.1	and the companies that we brought up.
0:49.2	I want you to go to their websites and see what I'm talking about.
0:51.5	You'll know exactly what I'm talking about when you get to the part of the episode.
0:54.0	And let us know in the YouTube comments,
0:55.5	if this actually got to you, like it got to me.
0:57.6	I dug it.
0:58.6	It was tons of like weird parts of the stories
1:01.1	that I did not expect to happen.
1:02.6	Anyway, check it out.
1:03.7	Let us know in the YouTube comments
1:05.1	if you actually dug this because I think you will
	...

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