20% Remix Business Model

A strategy of taking successful business models and applying them to new markets with a 20% modification, allowing you to capitalize on proven concepts while serving different customer segments.

Example 1: Sketchy.com Business Model

  • Visual learning platform for medical students
  • Key elements:
    • Focused on specific niche (med students)
    • Uses cartoons/animations for better retention
    • Test prep subscription model ($25-50/month)
    • 500,000+ students served
  • Potential 20% remixes:
    • Apply to SAT/AP exam prep
    • Use for nursing or dentistry education
    • Adapt for other professional certification tests

Example 2: Babylon Bee Media Model

  • Conservative-leaning satirical news site
  • Key success factors:
    • Focuses on shareability over factual reporting
    • Serves specific political demographic
    • Gets viral distribution through influential figures
  • Potential 20% remixes:
    • Create version for millennial moms
    • Target different demographic clusters
    • Focus on non-political topics like Bachelor/Taylor Swift
    • Apply format to specific interest groups

Example 3: Native Deodorant Model

  • Clean/natural alternative to mainstream products
  • Success based on:
    • Health-conscious positioning
    • Premium branding
    • Simple product extension strategy
  • Potential 20% remix:
    • Apply to feminine hygiene products
    • Focus on toxicity concerns
    • Target health-conscious consumers
    • Use similar natural/clean positioning

Key Principles of 20% Remix Strategy

  • Find proven business models
  • Identify underserved market segments
  • Make minimal but meaningful modifications
  • Maintain core elements that drive success
  • Focus on execution over innovation
  • Leverage existing consumer concerns/trends
  • Build on established customer behaviors
SP

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.

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