#724 Hyper Niche Business Ideas with Big End Game Potential

This week Dan invites Dana Lindahl, founder of Legendary Podcasts, as a special guest on the pod. They’ll discuss how you can generate cash flow and demand for your product immediately using cold email and identify high-earning potential business ideas by seeking out hyper niches. They’ll also talk about the difficulties of running service businesses, plus the opportunities and the end games, including a strategy called the “Split and Sale.” Dan & Ian’s Stuff: The Newsletter (https://tropicalmba.com/subscribe) “The DC” (https://dynamitecircle.com/join-dc/) DC Black (https://dynamitecircle.com/dc-black) Global events (https://dynamitecircle.com/events) Hire remote talent (https://remotefirstrecruiting.com/) Find a remote job (https://dynamitejobs.com/) Listen on YouTube (https://www.youtube.com/@OfficialTropicalMBA) Follow on Instagram (https://www.instagram.com/tropicalmba/) @TropicalMBA (https://twitter.com/TropicalMBA) @AnythingIan (https://twitter.com/AnythingIan) Show notes (00:01:09) Intro (00:03:22) How to get on a podcast (00:07:18) Stumbling into a business idea (00:11:05) What is the arbitrage window (00:21:55) Cold email as a profitable skillset (00:22:20) The new wave of cold email pitches (00:23:56) The best marketing channel for service businesses (00:26:27) How not to suck at email personalization (00:35:04) New business idea (00:44:59) The split and sell method (00:47:35) TMBA is on the blacklist Links: Legendary Podcasts (https://legendarypodcasts.com/) Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Dana Lindahl Additional episodes you might enjoy: When Your Lifestyle Business Can No Longer Support You (https://tropicalmba.com/episodes/lifestyle-business) The Problems Of Being Both An Arsonist And A Firefighter As A Business Owner (https://tropicalmba.com/episodes/firefighter-as-a-business-owner) 4 types of business coaches for 7+ figure founders and reflecting on our 15-year partnership (https://tropicalmba.com/episodes/15-year-partnership)

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