Business idea · Agency
E-Com Tariff Solutions
E-Com Tariff Solutions is a consultancy service that helps e-commerce businesses navigate and mitigate the impacts of tariffs and trade restrictions on their operations. It was pitched on My First Million in the episode "Are tariffs good or bad for founders?" (aired April 11, 2025).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | Are tariffs good or bad for founders? |
| Aired | April 11, 2025 |
| Category | Agency |
| Real companies on the episode | Medieval Times |
The problem it solves
E-commerce businesses are struggling with increased costs due to tariffs, which threaten their profit margins and viability. This service would help them adapt to these financial pressures.
How it makes money
Subscription-based model for ongoing consulting services, with options for one-time strategic assessments and reports.
Skills you need
Knowledge of international trade, economics, e-commerce operations, pricing strategy, and negotiation skills.
The market, and why this works now
The recent implementation of the US-Mexico-Canada Agreement (USMCA) has altered tariff structures for many e-commerce businesses, creating a need for specialized consulting services. A viable first-revenue move could be engaging with members of the e-commerce subreddit r/Entrepreneur, where targeted content on tariff navigation could attract initial clients. However, founders should consider the capital required to maintain ongoing consultancy operations, as building a reputation and client base may take time and resources.
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.