Industry Insider Surveys
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A data business built by surveying industry insiders to create valuable market intelligence for investors, particularly focused on predicting market trends and company performance metrics.
Key Components:
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Survey Process:
- Interview 20-25 industry insiders/executives
- Conduct detailed phone interviews (1.5-2 hours each)
- Gather commentary and context, not just numerical ratings
- Anonymize and aggregate the data
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Monetization Structure:
- Tiered pricing model:
- $12,000 - PDF report only
- $50,000 - PDF report + consultation call
- $100,000 - PDF report + call + real-time updates (limited to 10 clients)
- Tiered pricing model:
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Value Proposition:
- Provides leading indicators for investors
- Helps validate financial models and assumptions
- Offers insider perspective on industry trends
- Gives investors information advantage before quarterly earnings
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Key Success Factors:
- Trust relationships with industry insiders
- Access to right executives/decision makers
- Ability to maintain confidentiality
- Clean, professional presentation of data
- Target financial services buyers (hedge funds, investment banks)
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Revenue Potential:
- Example given showed ~$700,000 in first year
- Build-once, sell-multiple-times model
- Recurring revenue through subscriptions
28:03 - 29:24
Full video: 01:14:59SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.