My First Million

#175 - Brainstorming Million Dollar Ideas with Elaine Zelby

Apr 26, 2021

In this engaging discussion, venture capitalist Elaine Zelby, known for her strategic prowess at SignalFire, shares innovative ideas like a SaaS bundle that could rake in millions, an 'adult manual' to tackle life's challenges, and subscription-based running shoes. The trio also dives into how to effectively bring these concepts to life and explores alternative health ventures. From playful product ideas to insights on the investment landscape, Elaine's creativity sparks a wealth of intriguing entrepreneurial possibilities.

01:15:45

Episode guests

Elaine Zelby

Highlights

AI Chapters

Episode notes

Explore Diverse Business Ideas and Unsexy Niches

01:09

The Burden of Multiple Software Applications in Business

01:01

The Power of Longer Quiz Questions in User Engagement

00:57

Discussing the Purpose and Benefits of Regular Body Composition Testing

00:47

Intro

3min

Innovative Gaming and Investment Concepts

4min

Exploring the Innovative Approach of a Tech-Driven Venture Capital Firm

2min

Navigating Startup Investments and Innovative Solutions for Remote Work

3min

Navigating International Employment Solutions

2min

Innovative Investment Strategies and Educational Ventures

25min

Unlocking Growth: Strategies for Early-Stage Startups

3min

Innovating Adulting: The Adulting Vault Concept

13min

Innovative Wellness and Subscription Models

12min

10.

Innovations in Mobile Fitness

4min

11.

Smart Fitness and the Cost of Innovation

4min

12.

Honesty in Business and Personal Banking Solutions

2min

Shaan (@ShaanVP) and Sam (@TheSamParr) are joined by Elaine Zelby (@ezelby) for this brainstorm. Elaine brings the heat with ideas for starting a Saas bundle company (Sam says this is easily a $10m business), creating the "adult manual", the SNOO for adults, subscription running shoes, and a bunch of alternative health business ideas. Not only do they bring ideas, but they also break down how to pull off these businesses.

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Show notes:

* (1:35) Introducing Elaine Zelby and Signal Fire

* (8:31) Shaan's first unicorn!

* (14:15) How Signal Fire finds deals

* (25:35) Investing in an Elon Musk idea

* (33:12) Startup SaaS bundle is a $10m idea

* (41:10) Creating the "adult manual"?

* (49:55) The SNOO for adult

* (53:25) Subscription running shoes

* (56:45) Brainstorming alternative health ideas

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