4 business ideas found on 2024-05-21

"1. Cricut Design Subscription Service

2. Offering credit cards to people with bad credit history

3. Lord Flathead\'s Business Idea

4. AI as a necessity to make sense of data

[0.00] Greg Isenberg_From $199 Investment to $1M_Year_ Amazing Business Idea.txt

Greg Isenberg

From $199 Investment to $1M/Year: Amazing Business Idea

"## 1. BUSINESS IDEA - Cricut Design Subscription Service

[YouTube Link:

This business idea revolves around creating a subscription service offering unlimited designs for Cricut machines. Cricut is a popular brand of tabletop CNC machines widely used by crafters. The business model is similar to printer companies, selling the high-ticket machine and then profiting from recurring material sales.

The proposed service would leverage AI to create SVG graphic designs, the file type used by Cricut machines. Market research indicates a high demand for such files, with platforms like Etsy hosting millions of shops selling them. The plan involves targeting Cricut users on Facebook with ads leading to a Shopify store. Initial offerings would be low-cost bundles of themed SVGs, like horse-related designs, to build a customer base.

The long-term strategy involves scaling the operation to create a vast library of SVGs, generating thousands of targeted landing pages on their platform to rank high in SEO. This strategy aims to drive organic traffic and convert visitors into subscribers. The service would initially offer a free bundle upon signup and then upsell the unlimited subscription.

The opportunity lies in the scalability of AI-powered design creation compared to traditional methods requiring large teams of graphic designers. This approach allows for a quick launch and cost-effective scaling. Initial investment is estimated at around $10,000, with $5,000 allocated to Facebook Ads.

The discussion also highlights the potential of this niche marketplace, particularly targeting a demographic of crafting enthusiasts, predominantly women and moms. By focusing on a specific niche with high intent, this marketplace can achieve profitability through transaction fees and targeted advertising.

The conversation concludes by highlighting the potential for disrupting existing marketplaces with AI tools. This particular business model could be replicated across numerous niche markets by leveraging AI for design creation, SEO optimization, and targeted marketing to undercut large competitors like Etsy.

"

[130.65] My First Million_THIS Billionaire Created The Largest Digital Bank.txt

My First Million

THIS Billionaire Created The Largest Digital Bank

"## 1. BUSINESS IDEA- Offering credit cards to people with bad credit history

[YouTube Link:

OLG Tinkoff started a bank in 2005 with $70 million of his own money. His business idea was to buy a bank and offer credit cards to people with bad credit history, a market that was overlooked at the time. This strategy proved to be very successful.

"

[153.89] My First Million_How Tom From Myspace Hacked A Bank at 14.txt

My First Million

How Tom From Myspace Hacked A Bank at 14

"**1. BUSINESS IDEA - Lord Flathead\'s Business Idea**

[YouTube Link:

Lord Flathead, a 14-year-old hacker who gained access to Chase Bank\'s systems, offered the bank a deal: allow him to keep his access in exchange for not exposing the bank\'s security vulnerabilities. He wanted the bank to acknowledge his victory and grant him continued, full access. He even boasted about his feat to his friends, demonstrating how he infiltrated the system.

"

[185.54] a16z_Can AI Advance Science_ DeepMind's VP of Science Weighs In.txt

a16z

Can AI Advance Science? DeepMind's VP of Science Weighs In

"## 1. BUSINESS IDEA - AI as a necessity to make sense of data

[Timestamp: 3.6 --> 234.04 ]

The discussion highlights the growing importance of AI in understanding the vast and increasingly complex data being generated in various fields, including biology, physics, and mathematics. It argues that AI is no longer a luxury but a necessity for making sense of this data, which has surpassed the capacity of human comprehension.

Examples are given of AI making fundamental discoveries in mathematics that were previously unknown, highlighting its ability to uncover hidden patterns and relationships within data. The speaker predicts a cultural shift where relying on AI for data analysis becomes the norm, comparing it to the acceptance of machines like forklifts for tasks exceeding human capacity.

The discussion concludes by raising the question of how humans and AI can collaborate effectively once AI surpasses human capabilities in data analysis.

"

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