PodBud

#159 - Update on Michael Jordan's House, a Nine Figure Sex Toy Company & the Man with a Million Acres

My First MillionMarch 10, 20211h 8m

MFM #159 MJ house update Recap: Last episode the guys spoke about buying MJ’s house. The plan was to potentially turn it into a museum or Airbnb. Problem: zoning and parking -- but those might be overcome  Shaan: Spoke to Rally Rd and Nifty Gateway founders  Now what: What's going to happen now? Sam thinks nothing’s going to happen -- the guys are too busy. Shaan: you’re afraid to fail Collecting old Apple computers Opportunity: Old Apple computers like the Macintosh II and Apple II sell for a premium on eBay. There is still demand for these because of their cool aesthetics, and retro look. At Monkey Inferno, visitors would often ask about their old Macs over the expensive paintings that hung on the walls. Sam bets these will continue to appreciate. Can make for a good investment opportunity as retro style becomes more and more in demand.  Idea: Creating products from old Macs, such as https://inhabitat.com/wp-content/blogs.dir/1/files/2012/03/Macquarium-jake-harms.jpg  Sex talk Steve Shubin - founded Interactive Life Forms: https://en.wikipedia.org/wiki/Fleshlight Origin: Steve started creating sex dolls, but eventually realized most guys wouldn’t order sex dolls. He pivoted and created the Fleshlight. He scaled the company with his kids. Does an estimated $50-$100m in revenue Sidenote: One of Fleshlight’s factories in Spain uses its excess capacity to manufacture prosthetics elephant legs for Southeast Asia Opportunity: Creating the new fleshlight There is a growing demand for male sex toys, especially in countries like India and China. Even in areas where it’s taboo, new discreet packaging has made it easier.  Idea: Fleshlight marketing through channels like Onlyfans. Molds can even be made from the Onlyfans creators themselves. Billy of the week Brad Kelley Started out renting space for factories and warehouses. When he noticed lots of customers using his warehousing space to store tobacco, he pivoted.  He founded Commonwealt

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