In the present day we’re gifting away a bunch of enterprise concepts, and to assist me do it’s Steve Chou.
Steve is a serial entrepreneur who runs:
It’s been 7-8 years since Steve was final on the podcast again on episode 128, so it was lengthy overdue to get him again on!
On this one, we commute brainstorming some concepts that we expect ought to exist on this planet.
Listed here are 17 enterprise concepts we got here up with that you simply’re welcome to take totally free and run with!
- Gusto — Get 3 months freed from the main payroll, advantages, and HR supplier for contemporary small companies!
- Hulu Ad Manager — Make the transfer to streaming TV promoting as we speak and attain a extremely engaged viewers for as little as $500 per marketing campaign!
1. Coupon Code Web site The place the Codes Are Verified and Really Work
This primary thought relies on one thing I personally discover irritating. Once I’m procuring on-line and I see the “Promo code” field at checkout, I Google “[store name] + coupon code” to search for a reduction code.
Invariably the identical websites at all times present up on the high of the outcomes, and not one of the codes ever appear to work.
If somebody created a website with codes that had been verified and truly labored, I believe Google would begin to reward that website and rank it nicely.
Steve has seen this drawback from the opposite aspect. He will get a whole lot of guests to his e-commerce websites making an attempt bogus coupons, and truly receives emails from irritated clients saying they’re not working.
Steve’s resolution was to create his personal coupon web page for his retailer. It ranks #1 when folks seek for coupons, and naturally, the codes truly work.
There are instruments that exist already that may make it easier to discover coupon codes, you’ll be able to strive:
2. Plugin Cleanup Instrument
Steve defined that while you uninstall a plugin on a CMS like WordPress, some firms deliberately go away some code behind to proceed monitoring stuff in your website.
They do that primarily to assemble knowledge to promote on to different firms or use themselves, and the very last thing you need is extra code loading alongside together with your website.
Steve’s enterprise thought is to create some type of service, device, or a plugin that checks each little bit of code is eliminated when a plugin is uninstalled.
3. Affiliate Web site Providing Cheaper Options
We just lately moved and are presently furnishing our new home. My spouse is shops like Crate and Barrel, Pottery Barn, and West Elm – locations I’d take into account higher-end shops.
However we’ve younger children, so shopping for costly stuff simply isn’t a good suggestion proper now because it’s simply going to get destroyed.
I need to discover the Wayfair, Goal, or IKEA options to the furnishings my spouse is searching within the higher-end shops.
So, my thought is to create an affiliate website that lists the high-end stuff, and in addition lists one thing that appears comparable and prices loads much less.
I believe this could do nice within the search outcomes. There are a great deal of long-tail phrases round totally different merchandise and comparisons, and it’ll be nice from a consumer expertise.
4. Self-Service School Consulting
The subsequent thought from Steve is to create a self-serving faculty consulting enterprise.
Steve defined that there are consultants that may work together with your children from freshman via to their junior 12 months to assist them get into their chosen faculty.
These consultants cost round $12,000/12 months. In order that’s $36,000 for the three years, which isn’t low-cost.
Steve mentioned it will be attainable to create a database that lists all of the courses somebody would want to take so as to get into a particular faculty.
As an alternative of paying $12,000 a 12 months for that one-to-one tuition, dad and mom may use this service handy choose the courses their children want and create their very own plan.
Our pal Dr. Ryan Grey created an identical service for pre-med college students known as Mapp’d.
5. SimilarWeb for Podcasts
If you wish to get a very good estimate of how a lot site visitors a web site will get you’ll be able to go to SimilarWeb or Ahrefs and get a whole lot of knowledge on a website.
I’d like to see one thing comparable for podcasts. In the mean time, I don’t know of a website or service that gives this type of granular knowledge on how nicely a podcast is doing.
I get invited onto a whole lot of exhibits, which is nice. However I’ve needed to implement my very own vetting course of to get a really feel for if the present goes to stay round, how nicely it’s doing, and so forth.
Steve added that this knowledge would even be valuable for sponsors in search of exhibits on which to promote.
6. Pep Discuss for Youngsters Service
Steve mentioned one thing I believe will resonate with a whole lot of dad and mom, “My children don’t hearken to me, if I inform them one thing it goes in a single ear and out of the opposite,” Steve advised me.
An answer and enterprise thought Steve shared to fight this drawback is a pep speak service for youths.
Steve mentioned if there was a service that may join people who find themselves consultants or have authority in a particular matter with children by way of Zoom for a chat, he’d use it.
It may even be asynchronous like Cameo.
7. Customized-Fitted Hats
Apparently, I’ve an abnormally small head. So, I’ve a very onerous time discovering hats that match nicely.
I’m additionally too previous for the fitted New Period hats, and too bald for trucker hats with the mesh within the again.
I got here throughout an organization just lately providing custom-fitted jeans. They take your measurements and assure to
make you the best-fitting denims.
This made me assume, I’d completely pay for a service that may make a custom-fitted hat completely designed to suit my head.
8. Volleyball Setting Machine
Steve’s daughter is actually into volleyball, and he usually goes alongside to her observe periods and helps out appearing as a setter for her.
Most different sports activities, like baseball and basketball, have a machine that’ll set or serve balls. However so far as Steve is aware of, there isn’t a volleyball setting machine in the marketplace.
Steve mentioned he’s been in search of one, so he’d be one of many first clients if somebody executes on this concept.
9. Customized, Science-Backed Wellness Service
I’ve been utilizing WellnessFX for the final couple of years. This service analyzes your blood take a look at outcomes and over time will monitor how adjustments in weight loss program and way of life have an effect on numerous biomarkers.
It’s also possible to e book a session with one among their licensed well being practitioners via the positioning if you wish to take issues to the subsequent degree.
The place WellnessFX stops brief, nevertheless, is the continued help.
It doesn’t lay out a plan of when to take sure dietary supplements and which way of life adjustments will actually assist to optimize your well being on an ongoing foundation.
Steve mentioned that is one thing he would additionally pay for as nicely, however admitted it’s a enterprise that sounds fairly sophisticated to place collectively.
10. Neighborhood Recycling Service
In Steve’s family, they get via a whole lot of glowing water. Steve does recycle the empty cans, however he doesn’t ship them again to get the $0.05 per can because it’s a whole lot of effort.
Steve’s thought is to arrange a neighborhood recycling service, sort of like a revenue share on empty can recycling.
You may acquire giant numbers of cans to make sending them to the recycling heart cheaper, then cut up the income 50/50 with households that take part.
11. Classpass for Golf
I’ve been taking part in a bit bit extra golf within the final 12 months, primarily with my dad because it’s develop into his retirement interest.
What I’ve seen is that you simply don’t see season passes for golf such as you do with snowboarding or some other hobbies.
That received me to questioning whether or not or not it will be attainable to place collectively a bundle of taking part programs and promote that as a package deal.
Steve agreed and favored the concept. He in contrast it to MoviePass and other subscription models which have completed nicely in different niches.
12. Plant Kennel
This concept from Steve is the results of an issue he bumped into just lately. Steve went on trip to Florida, and when he returned a few of his houseplants had died.
After all, you’ll be able to have a pal pop over to your home and water your vegetation whilst you’re away. However that’s at all times a ache, and never attainable for some folks.
Steve’s thought is to arrange a “plant kennel.” Someplace you’ll be able to drop off your vegetation (or they’ll choose them up) so another person will take care of them whilst you’re away.
13. House Upkeep Productized Service
With this concept I’m considering of one-stop purchasing for pest management, contact up portray, small initiatives, gutter clearing, and different numerous fixer-up initiatives.
Should you already have a handyman business or one thing in that house, I’m positive you can arrange a productized service for householders.
You may even play matchmaker and prepare all the varied tradesmen to return out beneath your individual branding.
Steve is onboard with this concept. He mentioned it’s one thing his mother — who lives alone — would profit from for positive.
14. Equitable Social Sharing
Social alerts are essential for serving to get traction with content material on-line.
It’s frequent to ask mates to assist out by sharing stuff, nevertheless it’s onerous to maintain monitor of who’s serving to out and the way a lot they’re doing.
Steve’s thought is to create some sort of platform or software program that retains monitor of who’s sharing content material on social media, and the way a lot they’re giving in comparison with how a lot they’re taking.
Primarily it’s an equitable social sharing device that ensures everyone seems to be taking part in truthful.
15. Reverse Job Board
The way it works is that as an alternative of responding to job postings, candidates put up a list of their ideally suited job together with their expertise and what they will provide an organization.
This permits firms to doubtlessly lower your expenses on recruitment prices whereas having a central database to filter and browse candidates primarily based on their expertise and needs.
16. Apocalypse Marketing consultant
Steve defined that his spouse has been a bit paranoid about unhealthy stuff taking place because the pandemic began.
They’ve been shopping for up emergency meals and provides in case of one other pandemic-style occasion, however discover some objects tough to get.
Steve mentioned he’d pay for a prepping or “apocalypse marketing consultant”. Somebody to advise him on precisely what provides he would want to make sure he’s ready for the situations he and his spouse fear about.
17. Fractional Possession of Money Flowing Companies
The final enterprise thought is one other one from Kern.al and it’s for Fractional Ownership Of Cash Flowing Businesses Without The Work.
This platform is designed to take a few of the threat out of shopping for a enterprise whereas additionally making it simpler for companies to boost the funds by promoting fractional stakes in a enterprise.
This can be a drawback that’s been solved with actual property and is after all just like how the inventory market works.
However to my data, it’s not but been carried out for the acquisition of native companies.