Business idea · Subscription

Community for Founders and CEOs

Community for Founders and CEOs is an exclusive community for business leaders to network, share ideas, and support each other's ventures, featuring a core group that acts as a personal advisory board. It was pitched on My First Million, hosted by Sam Parr and Shaan Puri, in the episode "Are tariffs good or bad for founders?" (aired April 11, 2025).

At a glance

Community for Founders and CEOs at a glance
PodcastMy First Million
Hosted bySam Parr and Shaan Puri
EpisodeAre tariffs good or bad for founders?
AiredApril 11, 2025
CategorySubscription
Real companies on the episodeMedieval Times

The problem it solves

This community addresses the isolation many entrepreneurs feel and provides them with valuable insights, mentorship, and networking opportunities.

How it makes money

The community can operate on a membership subscription model, with tiered pricing based on the level of access and resources provided.

Skills you need

Skills in community building, networking, and mentorship are critical, along with organizational and communication abilities.

The market, and why this works now

The rise of platforms like LinkedIn has created a fertile environment for exclusive communities tailored to business leaders. Founders can generate initial revenue by launching a dedicated Slack community where members pay for access to curated events and networking opportunities. A potential risk is the ongoing capital requirement to maintain high-quality content and engagement, which could lead to a longer-than-expected customer acquisition cost payback window.

Our analysis, written after the episode. Not a quote from the show.

Real companies discussed on this episode

  • Medieval Times

    A dinner theater franchise that features medieval-themed performances, including jousting and acting, while serving a pre-selected meal.

Where this idea came from

Podcast: My First Million, hosted by Sam Parr and Shaan Puri

Episode: Are tariffs good or bad for founders?

Aired:

Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.

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What to do next

  1. Listen to the episode. "Are tariffs good or bad for founders?" on My First Million
  2. Study a real company from the episode: Medieval Times
  3. Find an idea that fits your budget, hours and skills
  4. Compare it with a similar idea: Hampton Community for Entrepreneurs

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