Premium Vendor Directories
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Sam proposes creating premium vendor directories that provide vetted, curated lists of service providers across different niches. The idea stems from seeing the most common questions in founder communities being "Does anyone know a good [service provider] that can do [specific task]?"
Key Points:
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Business Model:
- Create niche websites/newsletters for different service categories
- Charge access fee to view vetted lists
- Focus on quality through thorough vetting process
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Implementation Process:
- Interview vendors in the space
- Interview customers to understand pain points
- Create highly vetted lists of reliable providers
- Update regularly with new verified providers
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Example Categories:
- Long-form copywriters
- Graphic designers
- Lawyers
- Payroll software providers
- Freelancers for specific tasks
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Value Proposition:
- Pre-vetted providers
- Reliable and quick turnaround times
- Competitive pricing
- Clear product-market fit solving common founder needs
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Potential Structure:
- Subscription model ($500/month example for writer's list)
- Regular updates with new vetted providers
- Focus on specific niches rather than trying to cover everything
The idea emphasizes solving a clear pain point in the market through careful curation and vetting, with potential to scale across multiple service categories.
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.