Thread on Fee Market:
1/
Ordinals and Stamps and Inscriptions and whatever else are having a major impact on the fee market
Most of the data I am using is from https://t.co/laWzmWxMWg
I know it’s said every World Cup but the fact that China and India still can’t qualify even with an expanded tournament when they have a combined male population of around 1.5 billion is kinda nuts.
I know someone who got rich by hiring attractive female "researchers" to cold call founders and pretend to be conducting an industry study...
She's not a researcher. There is no study. There is no institution behind the calls
But when a 23 year old girl with a polished voice says "Hi, I'm conducting a brief industry study on [founder's exact niche] for a research firm. Can I ask you 4 quick questions about your current vendor stack?" founders answer every single time
The 4 questions are:
1. "What tools are you currently using for [category]?" (Now you know their stack)
2. "What's been your biggest frustration with your current setup?" (Now you know their pain)
3. "If budget wasn't a factor, what would your ideal solution look like?" (Now you know their dream state)
4. "Would you be open to hearing about solutions that specifically address the issues you mentioned?" (Now you have permission to pitch)
By question 4, the founder has voluntarily handed over their entire buying criteria, their current pain, and their budget psychology. And they think they just helped a grad student with a thesis
The "researcher" thanks them, hangs up, and passes the intel to the cold email team who sends a hyper-specific email 48 hours later
"[first name] - we work with [niche] companies that are dealing with [the exact frustration they mentioned on the call]. most teams we talk to say the same thing about [their current vendor]. we fix that specific problem in 21 days. quick loom?"
The founder replies because the email describes their exact situation with creepy precision. They don't connect it to the "research call" from 2 days ago. They think this company just really understands their market
She runs 4 "researchers" doing 30 calls/day each. 120 calls. 80-90 answered. 60+ complete the 4 questions. Intel on 60 companies per day fed directly into cold email
$127,000/mo from pretending to conduct academic research that doesn't exist
The girls get paid $2,200/mo each. The intel they generate closes $127K. And every founder who got "studied" thinks they helped a nice girl with her dissertation
He called it "weaponised politeness" which made me laugh and then feel bad about laughing
People will say the play is deceptive. Sure
But the cold email they receive afterwards genuinely solves a real problem they genuinely have. They just don't know how you found out about it
The research was real. The institution was fake. The revenue is very real
Few
From the first kick to the last whistle, I just signed a law allowing bars and restaurants across the state to stay open till 4AM throughout the World Cup this summer!
Cheers!
@PEoperator I DM'd a guy who was looking for some bitcoin mining help and gave some free advice. and now I get to ask him questions on a completely unrelated business