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What Is BNI? · My First Million

My First Million

The 2 businesses AI can never make obsolete

Unsexy business ideas database: https://clickhubspot.com/fpko Episode 879: Shaan Puri ( https://x.com/ShaanVP ) and Sam Parr ( https://x.com/theSamParr ) talk about businesses that non-technical people can still win at in the age of AI. — Show Notes: (0:00) NADA (3:59) White Coat Investor (5:03) BNI (8:35) MODA (11:12) Finding/Nurturing Whales (15:50)…

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Notes

  1. How Do Auto Dealer 20 Groups Work? at 1:35

    Sam Parr says auto dealer 20 groups work by charging dealers a yearly fee to meet in small noncompeting groups and compare profit and loss statements line by… Full answer

  2. What Is BNI? at 5:17

    Sam Parr says BNI is a networking group that puts local business owners who do not compete in one room to trade leads. Full answer

  3. How Does Moda Communities Make Money? at 8:35

    Shaan Puri says Moda Communities makes money by charging dealers for access to buyers. Full answer

  4. What Is a Whale Customer? at 11:19

    Shaan Puri says a whale customer is the small set of people who spend thousands of dollars a year, and that sliver drives a shocking share of the revenue in… Full answer

  5. Why Do Mobile Games Chase a Few Big Spenders? at 13:23

    Shaan Puri says Candy Crush has 82 million monthly actives, and all the revenue comes from 4% of the players. Full answer

  6. Why Do Mystery Boxes Outsell the Same Toys on a Shelf? at 19:40

    Shaan Puri says putting the same toys in a mystery box made 7X the revenue of letting shoppers pick what they wanted off a shelf. Full answer

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