Business idea · Agency
Supply Chain Diversification Service
Supply Chain Diversification Service is a service that assists e-commerce businesses in diversifying their supply chains to reduce dependency on high-tariff countries, identifying alternative sourcing options in lower-tariff regions. 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
| 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
Relying on a single source for manufacturing and goods increases vulnerability to tariff changes, leading to higher costs and potential supply disruptions.
How it makes money
Consulting fees for supply chain assessments and ongoing support, with potential commissions from suppliers in alternative sourcing regions.
Skills you need
Supply chain management, international sourcing knowledge, negotiation skills, and market analysis.
The market, and why this works now
The U.S.-Mexico-Canada Agreement (USMCA) encourages companies to source materials from North America, making it timely for a supply chain diversification service. A viable first-revenue move is to engage with the E-commerce Fuel community on Facebook, where online retailers discuss sourcing challenges and solutions. A key risk is the initial capital required for market research and consulting infrastructure, which may extend the time to profitability.
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.