Business Brainstorm: Ozempic Hotline, Klout 2.0 & Failed Churches

**Shaan Puri** (0:00)
You can turn off Wi-Fi and do this idea.

**Sam Parr** (0:01)
I like that.

**Shaan Puri** (0:03)
So, what if I told you that in San Francisco, I discovered a business that does $31 million in revenue locally here in San Francisco. On that $31 million in revenue, it does about $11 million in profit.
And?

**Sam Parr** (0:14)
It's brick and mortar?

**Shaan Puri** (0:15)
Brick and mortar.
And it has $100 million of assets on the balance sheet. Do you want to take a guess at what kind of business this is?

**Sam Parr** (0:23)
Well, it's one of the things you've had listed, but does it involve religion?

**Shaan Puri** (0:29)
It does not, no.

**Sam Parr** (0:30)
Oh, what is it?

**Shaan Puri** (0:31)
It is a-

**Sam Parr** (0:42)
All right, we're live.
Happy Labor Day. We are celebrating by laboring.

**Shaan Puri** (0:48)
Yes.
Join me in this labor, Sam. Let's do a labor of love because-

**Sam Parr** (0:54)
It is a day of labor.

**Shaan Puri** (0:55)
Today's episode is all about ideas, business ideas and opportunities.

**Sam Parr** (1:00)
Did you like preparing for this?

**Shaan Puri** (1:02)
I love preparing for this. I bet you did not.

**Sam Parr** (1:04)
This is not my favorite thing to prepare for. It feels like a book report. Whereas my favorite episodes are when I just find cool shit throughout the week and I'd go, have you seen this? This is cool.
Versus this one, I was like, oh, I got to like go and like find things that, like I got to seek them out a little bit more.

**Shaan Puri** (1:20)
To me, this is like, you know, in a relationship where you, it's like, oh, our relationship is just us doing things together, right? Like, I got to go to the grocery store. Come with me to the grocery store. That's our date.
But you forget that you got to do a date night once in a while. You got to break out the rose petals. You got to figure out a way to keep it spicy. To me, that's what these episodes are, where when we started this podcast, it was very much like, what are ideas, business opportunities for people? And that's how we got that initial momentum, because no one else was doing that.
And then over time, it's like, well, listen, we're doing two episodes a week. We can't be having like 20 good ideas a week. That's not really how it works. So we started blending in just cool businesses we discovered, interesting things that are going on in our companies, whatever.

**Sam Parr** (2:09)
That's like the Costco pizza date night. You know what I'm saying? Like, oh, let's go to Costco, get some toilet paper, and we'll get a pizza.

**Shaan Puri** (2:16)
Right. That counts, right?

**Sam Parr** (2:19)
Which is great.

**Shaan Puri** (2:22)
So this is a throwback. This is, we sprayed some cologne, we got a little hair gel, and I'm putting on pants for the first time in a while. And here we go. This is date night for MFM.
Where do you wanna start?

**Sam Parr** (2:37)
So I'm actually very happy that we have one overlapping thing that makes me pumped.
And also a bunch of our things are big, which also makes me pumped. I do not like the small time stuff.

**Shaan Puri** (2:52)
Yeah, we're gonna have a range though. There's gonna be a couple that are like simple, what I'll call like more like simple side hustle. It's like, here's a way that you could replace a job. You're not really gonna get rich doing it per se, but you could definitely get to, I don't know, 10K a month, 20K a month doing this.
And then we have a bunch of big ideas. So, I tried to stay away from like complete moonshot ideas in this one.

**Sam Parr** (3:19)
I have a few big ones.
Do you wanna, can we actually start with, I think one that interests you and I, that is a big one. Do you wanna talk about that one or do you wanna start small first?

**Shaan Puri** (3:32)
Yeah, let's go.

**Sam Parr** (3:33)
Last episode, we gave a preview. There was one company, I don't know if we've ever talked about it, but I could just read your mind and know that you thought this was cool.
But in about 2012 or so, I think it started in 2008, but it got popular in like 2012 There was a company called Clout. It was Clout with a K, K-L-O-U-T.
And I remember I was just getting started on the internet and I only had, I had like 4,000 Facebook friends and that was considered big.