1:15:56Business Brainstorm: Failed Churches, Ozempic Hotline & Klout 2.0 (#492)
From My First Million · Published Jul 4, 2024 · Watch on YouTube
TL;DR
The video presents multiple business ideas: reviving the Klout influencer-scoring platform, creating a Dribble/Behance for video editors, building a private STEM elementary school (Thatcher Darby), developing a Yelp-for-investors reputation system, launching an AI lesson-plan generator (Teachers' Pet), starting an Ozempic hotline lead-gen service, using Mind Sport as a recruiting pipeline, and cap
Key insights
- The Hamlin School in San Francisco does $31M revenue, $11M profit, and has $100M in assets with only 450 students at ~$40K tuition each, showing private elementary schools can be extremely profitable
- Klout (KLOUT) was acquired for $200M in 2014 but was “way too early”; the concept of a measurable influence score still has demand, especially for brand-influencer verification.
- Dribble ($62M revenue, $8M profit) and Behance (sold for ~$175M) succeed because they serve a niche creative professional’s portfolio need; the same model can be applied to video editors, thumbnail ar
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