Found 12 business ideas discussed on 2024-08-18

Aug 19, 2024

Ask episode

Chapters

Transcript

Episode notes

Business ideas found:

1. -BUSINESS IDEA- 1. Global Fitness Brand. - Elapsed: 0:04, Remaining: 3:44

2. -BUSINESS IDEA- 1. Gym Turnarounds. - Elapsed: 0:38, Remaining: 3:11

3. -BUSINESS IDEA- 2. Opening New Gyms. - Elapsed: 0:46, Remaining: 3:03

4. -BUSINESS IDEA- 3. Expanding Gym Turnarounds. - Elapsed: 0:53, Remaining: 2:55

5. -BUSINESS IDEA- 1. Getting Your First 10 Customers for Your Startup. - Elapsed: 1:08, Remaining: 2:40

6. -BUSINESS IDEA- 1- Steal all of TikToks users and music and release a copycat product. - Elapsed: 1:49, Remaining: 1:59

7. -BUSINESS IDEA- 2- Start a company that finds vulnerabilities in large language models. - Elapsed: 2:07, Remaining: 1:42

8. -BUSINESS IDEA- 3- Create a software product that increases programmer productivity for large teams. - Elapsed: 2:18, Remaining: 1:30

9. 1. -BUSINESS IDEA- Profile Picture as a Service. - Elapsed: 2:35, Remaining: 1:14

10. 2. -BUSINESS IDEA- Decision Log for Product Managers. - Elapsed: 2:46, Remaining: 1:03

11. -BUSINESS IDEA- 1. Time management app using AI. - Elapsed: 3:03, Remaining: 0:45

12. -BUSINESS IDEA- 1. Superpower ChatGPT Extension. - Elapsed: 3:25, Remaining: 0:23

Summary transcripts and timestamped source links:

[0.00] 20VC with Harry Stebbings_From Pizza boy to Billionaire 🍕.txt

20VC with Harry Stebbings

From Pizza boy to Billionaire 🍕

\ -BUSINESS IDEA- 1. Global Fitness Brand.

[YouTube Link:

This business idea involves a global fitness brand called Gym Shark, founded by Ben Francis. Ben started the company from his garage while studying and working full-time. Initially, he sewed and printed the clothes himself. The business idea involved leveraging the power of influencer marketing in the fitness industry. Ben realized that influencers could sell products better than companies. He started sending his clothes to renowned fitness influencers. They, in turn, loved the product and promoted it on their channels, leading to a surge in the brand's popularity and sales. Consequently, Gym Shark's revenue skyrocketed, exceeding $400 million by 2020. As of the time of the transcript, Gym Shark was valued at over $1.45 billion, making Ben one of the world's youngest billionaires.

[73.06] My First Million_I Lost EVERYTHING. I Told Her To Leave Me..txt

My First Million

I Lost EVERYTHING. I Told Her To Leave Me.

\ -BUSINESS IDEA- 1. Gym Turnarounds.

[YouTube Link:

This business idea involves partnering with struggling gyms to help them quickly increase their membership and revenue. The process involves implementing effective marketing and sales strategies to attract new members.

-BUSINESS IDEA- 2. Opening New Gyms.

[YouTube Link:

This idea is a progression from the gym turnaround model. Instead of just revitalizing existing gyms, it involves opening and operating new gym locations in partnership with experienced operators.

-BUSINESS IDEA- 3. Expanding Gym Turnarounds.

[YouTube Link:

After facing setbacks with opening new gyms, the entrepreneur decided to return to the gym turnaround model, but this time on a larger scale. This involved assembling a team of sales professionals and targeting multiple gym locations simultaneously.

[122.79] MicroConf_How to Find Your FIRST 10 SaaS Customers _6 PROVEN Strategies_.txt

MicroConf

How to Find Your FIRST 10 SaaS Customers (6 PROVEN Strategies)

[YouTube Link:

-BUSINESS IDEA- 1. Getting Your First 10 Customers for Your Startup.

This segment discusses strategies for acquiring your first 10 customers for a startup, emphasizing a process-driven approach over relying on luck. The speaker argues for prioritizing marketing efforts over solely focusing on building an online audience. The core tactics involve identifying an Ideal Customer Profile (ICP), creating a basic landing page with an early access list, and initiating conversations with potential customers through various channels. These channels include networking with other founders and industry professionals, leveraging existing networks for insights and connections, engaging with relevant online communities, conducting outreach through email, LinkedIn, and Twitter, and potentially running targeted ads on platforms like Facebook, LinkedIn, and Google. The speaker highlights the importance of actively seeking and incorporating feedback from early adopters, adapting the product vision and marketing strategies based on market demand. This iterative process, involving continuous learning and refinement, is crucial for increasing the chances of success for a new product.

[168.47] Matthew Berman_Former Google CEO Spills ALL! _Google AI is Doomed_.txt

Matthew Berman

Former Google CEO Spills ALL! (Google AI is Doomed)

[YouTube Link:

-BUSINESS IDEA- 1- Steal all of TikToks users and music and release a copycat product.

If Tik Tok gets banned in the United States there is a business opportunity to quickly recreate a copycat and try to onboard all of their users. This is a high-risk high-reward business idea as it's likely illegal to use all of their music and steal their secrets. However, this is a common theme in Silicon Valley where entrepreneurs ask for forgiveness rather than permission.

[YouTube Link:

-BUSINESS IDEA- 2- Start a company that finds vulnerabilities in large language models.

A business idea is to start a company that uses adversarial AI to test the limits of other large language models. This would be similar to a red team and companies would pay money to test the security of their AI.

[YouTube Link:

-BUSINESS IDEA- 3- Create a software product that increases programmer productivity for large teams.

A good business opportunity would be to create a software product that increases programmer productivity for large teams working on millions of lines of code. This is a good application of AI as the current AI coding assistant products are focused on individual programmers.

Lenny's Podcast

Unorthodox PM tips: Automating user insights, unselling candidates, decision logs, more | Kevin Yien

\ 1. -BUSINESS IDEA- Profile Picture as a Service.

[YouTube Link:

The speaker shares an idea he once had for a startup: profile picture as a service. He envisioned a tiered business model with options ranging from automated generation to professional photography, highlighting the importance of profile pictures in today's digital world.

2. -BUSINESS IDEA- Decision Log for Product Managers.

[YouTube Link:

The guest proposes a valuable tool for aspiring and seasoned product managers: a decision log. This log serves as a repository for documenting decisions, rationales, and outcomes, facilitating reflection and learning from past choices. He encourages PMs to engage in this practice by simulating decisions for other companies and products, emphasizing the importance of gaining reps in decision-making to enhance product sense.

Startup Pitches

Time Saver - AI Agent Hack Demo

[YouTube Link:

-BUSINESS IDEA- 1. Time management app using AI.

This business idea revolves around a time management app that leverages AI to optimize users\' schedules. The app, called \"Time Saer\", would connect to a user's calendar, wearables, and other data sources to gain insights into their daily routines, work style, productivity patterns, and preferences. Using this information, the app would provide personalized recommendations for time blocking, task scheduling, and focus areas throughout the week. The app would aim to streamline daily planning, improve productivity, and ensure that users stay on top of their schedules.

Starter Story

How I Built It: $20K/Month Chrome Extension

\ -BUSINESS IDEA- 1. Superpower ChatGPT Extension.

[YouTube Link:

This is a browser extension that enhances ChatGPT with additional features. Launched about a year and a half ago, it generates \\$20,000-\\$30,000 in monthly recurring revenue. The extension boasts nearly 270,000 downloads and around 150,000 weekly active users.

-BUSINESS IDEA- 2. Newsletter for ChatGPT Users.

[YouTube Link:

This newsletter, written for the user base of the Superpower ChatGPT Extension, was launched three to four months after the extension. Initially requiring six to seven hours per day to produce, it now takes around two hours. It generates revenue through sponsorships and advertising, with sponsors paying a few hundred dollars to place ads.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit startupideasagent.substack.com