How to find businesses with (almost) zero competition

ℹ️ EPISODE INFO

Released

August 12, 2026

Duration

45m

Channel

My First Million

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

*140+ real business ideas database:* https://clickhubspot.com/z1pr Episode 850: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about massive businesses hidden in plain sight. — Show Notes: (0:00) The wild economics of lab testing on monkeys (11:01) Salad oil crisis (15:35) the art of noticing (24:38) enthusiasm (27:39) know thy 8-year old self (32:32) be shameless (37:08) Sam goes to SF for 7 days — Links:

• Qoves - https://www.qoves.com/
• Charles River - https://www.criver.com/
• How To Do Great Work - https://www.paulgraham.com/greatwork.html

— Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury - Shaan uses Mercury across all of his companies. you can too: http://mercury.com/

Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

🎤 SPEAKERS

• Shaan Puri

  host

  Co-host of the My First Million podcast and entrepreneur/investor.

• Sam Parr

  host

  Co-host of the My First Million podcast and entrepreneur (founder of The Hustle).

🧾 EPISODE SUMMARY

In this episode of My First Million, featuring Shaan Puri and Sam Parr, How to find businesses with (almost) zero competition explores Noticing hidden niches: from monkey testing economics to zero-competition ideas Shaan explains the surprising economics and supply shocks behind monkey-based drug testing, including how prices and suppliers changed and how large intermediaries can dominate the market.

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