Business idea · Education

The Regret Minimization Framework Course

The Regret Minimization Framework Course is an online course that teaches participants the Regret Minimization Framework through structured exercises and real-life case studies to aid in decision making. It was pitched on My First Million, hosted by Sam Parr and Shaan Puri, in the episode "Bill Gurley: 6 Out of 10 People Are Making This Mistake" (aired March 9, 2026).

At a glance

The Regret Minimization Framework Course at a glance
PodcastMy First Million
Hosted bySam Parr and Shaan Puri
EpisodeBill Gurley: 6 Out of 10 People Are Making This Mistake
AiredMarch 9, 2026
CategoryEducation
Real companies on the episodeAirbnb, Tito's Handmade Vodka, Shopify, HubSpot, Smithy's Pillow Company, Hampton

The problem it solves

Individuals often face indecision and fear of making the wrong career choices, leading to regret later in life.

How it makes money

One-time purchase for the course access or tiered pricing for additional coaching sessions.

Skills you need

Curriculum development, instructional design, and knowledge of decision-making psychology.

The market, and why this works now

The rise of online learning platforms such as Teachable and Udemy provides a viable mechanism for launching the Regret Minimization Framework Course. A concrete first-revenue move could involve listing the course on Reddit's r/Entrepreneur, where aspiring business owners seek guidance on decision-making. A potential constraint is the initial capital required for marketing and course development, which may delay breakeven if customer acquisition costs are high.

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

Real companies discussed on this episode

  • Airbnb

    Airbnb is an online marketplace that connects people looking to rent out their homes with those looking for accommodations.

  • Tito's Handmade Vodka

    Tito's Handmade Vodka is a brand of vodka produced in Austin, Texas, known for its craft distilling process.

  • Shopify

    An e-commerce platform that allows individuals and businesses to create their own online stores.

  • HubSpot

    HubSpot is a software company that provides a platform for marketing, sales, and customer service to help businesses grow better.

  • Smithy's Pillow Company

    An e-commerce business that specializes in selling pillows.

  • Hampton

    Hampton is a company focused on providing a service or product, though specific details about its offerings were not discussed.

Where this idea came from

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

Episode: Bill Gurley: 6 Out of 10 People Are Making This Mistake

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. "Bill Gurley: 6 Out of 10 People Are Making This Mistake" on My First Million
  2. Study a real company from the episode: Airbnb
  3. Find an idea that fits your budget, hours and skills
  4. Compare it with a similar idea: Library Writing Workshops

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