Companies are trying to better organize the people you talk to in your life and stay on top of keeping those connections warm. In theory, it makes a ton of sense but why is this a bad business? I don't think that achieving product market fit on a product like this would be super easy because i don't know that the need is there. If you asked me, could you find a hundred thousand people paying a hundred dollars a year which makes this a ten million dollar business? How easy would that be?
I sent out a tweet asking my followers: "what’s a startup idea that sounds great in theory but would be a shitty business?” 1,600 likes and 700 responses later, I'm running some of your ideas through the gauntlet and walking you through how I analyze and form business ideas.
Check out the full transcript at https://foundersjournal.morningbrew.com to learn more, and if you have any ideas for our show, email me at alex@morningbrew.com or my DMs are open @businessbarista.
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