These 8 Business Ideas Were Pitched To Me. I Pick My Favorites.
Oct 9, 2023
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In this episode, Alex Lieberman evaluates 8 business ideas pitched to him, including franchised tech support service, evening daycares, a parenting service, a direct-to-consumer carpet brand, lean operations for a company, creating a Blinkist-like platform for health podcast summaries, selling collectible items, a members-only coffee shop, and a virtual AI-assisted memoir writer.
21:18
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Quick takeaways
Creating a Geek Squad-style onsite support service for boomers and retirees in South Florida could cater to the retiring generation's need for tech assistance and potentially find success in the growing retiree market.
Offering evening daycare services as an add-on to existing daycares could provide parents with a convenient solution for date nights or attending events without the expense of a babysitter.
Deep dives
Business Idea: Geek Squad Style Onsite Support for Boomers and Retirees
One business idea suggested on the podcast is to create a Geek Squad-style onsite support service for boomers and retirees in South Florida. The idea is to offer a bundle of tech services to homeowners through homeowner associations. By providing services like device setup, connectivity assistance, and general tech support, this business could cater to the needs of the retiring generation who have more time for technology but may struggle with the wide array of choices and advancements. The speaker rates this idea a 7 out of 10 and sees potential for success in the growing retiree market.
Evening Daycare for Parents
Another idea discussed on the podcast is the concept of evening daycares. The idea is to provide a service where parents can drop off their kids for a few hours during the evening, allowing them to have a date night or attend events without the expense of a babysitter. While the speaker personally does not have experience in this area, they suggest that existing daycares could potentially extend their hours to offer this service as an add-on rather than creating a standalone business. The speaker rates this idea a 3 out of 10, considering the potential viability of incorporating it into existing daycare services.
Franchise for DIY Carpet Installation
A venture-backed SaaS founder proposes the idea of a direct-to-consumer carpet brand that focuses on easy self-installation and simple cleaning, similar to the Casper mattress model. The speaker finds the idea interesting, noting that installing carpet can be both expensive and potentially daunting for homeowners. By offering a DIY approach and simplifying the carpet installation process, this business could address a real pain point and attract customers who are looking for more cost-effective options. The speaker rates this idea a 7 out of 10, emphasizing the importance of staying lean and avoiding excessive venture capital reliance.
Episode 52: Alex Lieberman (@businessbarista) runs through 8 ideas to see if they merit becoming full-on sustainable businesses. From Blinkist for podcasts to an AI-assisted memoir writer, Alex walks through his thought process as if he were an investor and gives an honest rating.