Internet Marketers Predict Markets
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Sam Parr shares his observation that internet marketers, despite their sometimes questionable reputation, often pioneer business models that later become mainstream legitimate businesses. He sees a pattern where "sleazy" marketing tactics evolve into respected business practices.
Key Points:
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Early Adoption of Business Models:
- Internet marketers consistently identify and exploit market opportunities before mainstream businesses
- What starts as "sleazy" often becomes legitimate when repackaged by startups
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Historical Examples:
- Email Marketing:
- Dating book sellers like David DeAngelo pioneered long-form email marketing in the 90s
- Now email newsletters are considered a legitimate mainstream business model
- Paid Memberships:
- Have existed in internet marketing for decades
- Now seen as a legitimate business model when done by respected figures
- Online Business Marketplaces:
- Flippa and Empire Flippers started with affiliate website trading
- Now evolving into legitimate business acquisition platforms
- Email Marketing:
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Modern Evolution Pattern:
- Startup founders take existing internet marketing concepts
- "Put some lipstick on it" - modernize the presentation
- Make it "flat and beautiful" - improve the user experience
- Scale the model using modern internet marketing techniques
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Key Insight:
- Innovation often isn't about new ideas
- Success comes from improving and legitimizing existing models
- The core business model remains similar, but presentation and scale change
This pattern suggests that studying current internet marketing trends might reveal tomorrow's legitimate business opportunities.
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.