Go where there's "Peak Demand" for $1m/mo - Mike Feldstein and Neville Medhora Interview
Mike Feldstein runs Jaspr Air, and has had a career in the "Disaster Industry."
This means you go somewhere where there's "Peak Demand" and fulfill that demand.
So if there's a hail storm that damages 100,000 roofs, you go to that city and start fixing roofs.
If there's a flood, you go to that city, hire labor, and get to work.
He's seen people make $1,000,000/mo, and one case of a guy making ~$70,000,000 in 4 months.
His main company Jaspr Air was started when he was fixing fire damaged houses, and built an industrial-level air purifier for homes.
Positive Aspects
The blog post hooks the reader with a compelling narrative about leveraging "Peak Demand" situations. It effectively highlights how Mike Feldstein and others have transformed urgent scenarios into profitable ventures. By using real-life examples of significant financial success in the disaster industry, the post not only informs but also inspires readers to think about opportunities in unconventional markets. It provides a practical framework for identifying and capitalizing on high-demand situations, making it both engaging and informative.
Key Takeaways
- Identify Peak Demand: Recognizing situations where demand surges, such as after disasters, is crucial for success.
- Immediate Action: The ability to quickly mobilize resources is essential to capture these fleeting opportunities.
- Success Stories: The disaster industry can offer rapid, substantial financial rewards, as evidenced by Mike Feldstein's experiences.
- Necessity Breeds Innovation: Feldstein's creation of Jaspr Air illustrates how solving pressing problems can lead to successful businesses.
- Adaptability is Key: Being flexible and responsive to varying disaster situations ensures continued success.
Additional Insights
Jumping on "Peak Demand" isn't merely about being present; it's about preparedness and strategic action. This principle extends beyond disaster recovery to any industry experiencing cyclical demand spikes, like retail during holidays or travel during peak seasons. Anticipation and readiness often separate the successful from the struggling.
Mike Feldstein's journey also underscores the innovation sparked by necessity. His development of an air purifier is a prime example of how immediate challenges can lead to groundbreaking solutions. This blend of creativity and necessity can open doors to new markets and opportunities, proving that sometimes the biggest breakthroughs come from solving the most urgent problems.