Greg Eisenberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's a fitness tracker and then you join a challenge, you commit to a goal, and then you earn cash rewards by completing the challenge. This is actually very similar to what we talked about for the gaming one. You're just getting rewarded for getting fit and then they've got four brands that are compatible. Garmin, Suunto, Wahoo, Polar. And it sounds like the reason why... Oh, interesting.
So a lot of them you actually have to pay. Wow. Okay. So this is... Wow. Wild. So... I'm looking at one of the challenges. Run 45K in one week. The entry fee is $5, but the pot is $30. Or you can... The July 4th 10K run. The entry fee is $10, and I'm not sure how big the pot is. I shouldn't say, but there's some pot. The Tour de France challenge, it's a free entry fee, and pot is $300.
So a lot of them you actually have to pay. Wow. Okay. So this is... Wow. Wild. So... I'm looking at one of the challenges. Run 45K in one week. The entry fee is $5, but the pot is $30. Or you can... The July 4th 10K run. The entry fee is $10, and I'm not sure how big the pot is. I shouldn't say, but there's some pot. The Tour de France challenge, it's a free entry fee, and pot is $300.
So a lot of them you actually have to pay. Wow. Okay. So this is... Wow. Wild. So... I'm looking at one of the challenges. Run 45K in one week. The entry fee is $5, but the pot is $30. Or you can... The July 4th 10K run. The entry fee is $10, and I'm not sure how big the pot is. I shouldn't say, but there's some pot. The Tour de France challenge, it's a free entry fee, and pot is $300.
So this kind of feels like somewhat gambling. I mean... kind of gambling, right? You're putting in money and there's a pot. Interesting. I just think that there's a lot of friction with getting people to put money in. I mean, if they're going to do this, maybe they'd rather put money in a meme coin. If they're trying to gamble, there's other ways that they're going to go and gamble.
So this kind of feels like somewhat gambling. I mean... kind of gambling, right? You're putting in money and there's a pot. Interesting. I just think that there's a lot of friction with getting people to put money in. I mean, if they're going to do this, maybe they'd rather put money in a meme coin. If they're trying to gamble, there's other ways that they're going to go and gamble.
So this kind of feels like somewhat gambling. I mean... kind of gambling, right? You're putting in money and there's a pot. Interesting. I just think that there's a lot of friction with getting people to put money in. I mean, if they're going to do this, maybe they'd rather put money in a meme coin. If they're trying to gamble, there's other ways that they're going to go and gamble.
So I'm not sure that I love that approach. I think this could be like a small business, which is cool. And I think the impact of it is really cool. Like you're making people more healthy. But I think that this is something that a big company might do. I mean, not the gambling piece, but just motivating people to be more active. I think that if I'm a startup and I'm trying to like,
So I'm not sure that I love that approach. I think this could be like a small business, which is cool. And I think the impact of it is really cool. Like you're making people more healthy. But I think that this is something that a big company might do. I mean, not the gambling piece, but just motivating people to be more active. I think that if I'm a startup and I'm trying to like,
So I'm not sure that I love that approach. I think this could be like a small business, which is cool. And I think the impact of it is really cool. Like you're making people more healthy. But I think that this is something that a big company might do. I mean, not the gambling piece, but just motivating people to be more active. I think that if I'm a startup and I'm trying to like,
deal with the Garmin APIs and the Sento APIs and the Wahoo APIs and the Polar APIs. I mean, I've only heard of Garmin. I just feel like that's a lot of work to do. Upkeep of the app, deal with people's money and entry fees. I don't love it. I like simple businesses. That's why I like the gaming one. It was like, okay.
deal with the Garmin APIs and the Sento APIs and the Wahoo APIs and the Polar APIs. I mean, I've only heard of Garmin. I just feel like that's a lot of work to do. Upkeep of the app, deal with people's money and entry fees. I don't love it. I like simple businesses. That's why I like the gaming one. It was like, okay.
deal with the Garmin APIs and the Sento APIs and the Wahoo APIs and the Polar APIs. I mean, I've only heard of Garmin. I just feel like that's a lot of work to do. Upkeep of the app, deal with people's money and entry fees. I don't love it. I like simple businesses. That's why I like the gaming one. It was like, okay.
you're going to plug into one API and it's gamers and you're not going to ask anything from them. They're just going to get rewarded. So it's just a win-win proposition. So this is cool, but I personally wouldn't start something like this. And there you have it. Bunch of ideas for you. Get your creative juices flowing.
you're going to plug into one API and it's gamers and you're not going to ask anything from them. They're just going to get rewarded. So it's just a win-win proposition. So this is cool, but I personally wouldn't start something like this. And there you have it. Bunch of ideas for you. Get your creative juices flowing.
you're going to plug into one API and it's gamers and you're not going to ask anything from them. They're just going to get rewarded. So it's just a win-win proposition. So this is cool, but I personally wouldn't start something like this. And there you have it. Bunch of ideas for you. Get your creative juices flowing.
If you like this, please, please follow, subscribe on your platform of choice and go to YouTube to write a comment. I read every single one of them and I enjoy reading them. I'm having a blast reading them. And it helps me know if you like this, it helps me know what I should talk more about and I'm trying to make this the best possible show for you to make it the most valuable show for you.
If you like this, please, please follow, subscribe on your platform of choice and go to YouTube to write a comment. I read every single one of them and I enjoy reading them. I'm having a blast reading them. And it helps me know if you like this, it helps me know what I should talk more about and I'm trying to make this the best possible show for you to make it the most valuable show for you.
If you like this, please, please follow, subscribe on your platform of choice and go to YouTube to write a comment. I read every single one of them and I enjoy reading them. I'm having a blast reading them. And it helps me know if you like this, it helps me know what I should talk more about and I'm trying to make this the best possible show for you to make it the most valuable show for you.
And I want you to have a good time and I want you to learn along the way and I want you to come up with ideas along the way. And you're going to take one of these ideas sometime and you're going to build something big. So it's been real. I'll see you later. And thanks for tuning in.