Planned Business Obsolescence

Shaan and Sam discuss career strategies and business models, particularly comparing different approaches to building and running companies. They focus on the contrast between stable, long-term businesses versus shorter-term opportunities.

Key Points:

• Career Opportunities:

  • Big Tech offers reliable wealth building
    • Facebook and Google mentioned as prime options
  • Enterprise Sales roles at B2B companies
    • Focus on companies with $300-400k average deal sizes
    • Described as "boring" but lucrative

• Startup Strategy:

  • Look for fast-growing startups with small teams (10-50 people)
  • Example: Substack
    • Raised $16M with only 5 employees
    • Considered high-risk but high-potential

• Business Model Comparison (Substack vs OnlyFans):

  • OnlyFans:
    • Better for creating owner wealth
    • More likely to succeed
    • Focused on consistent cash flow
  • Substack:
    • Higher potential sale value
    • Lower likelihood of success
    • Faces similar challenges as Patreon
      • Small cut of small transactions
      • Hard to scale significantly

• Platform Challenges:

  • Substack's current model:
    • Takes small percentage of creator earnings
    • Limited revenue potential
  • Potential pivot suggestion:
    • Move towards paywall solutions for larger companies
    • Only "10% chance" of pivoting according to Sam