The Startup Ideas Podcast
3 startup ideas from the co-founder of Loom (make $120k/mo)
Mon, 25 Nov 2024
In this episode, I am joined by Shahed Khan, co-founder of Loom, as we explore innovative startup ideas, and his frameworks for finding and building startupsEpisode Timestamps:00:00 Intro00:50 Startup Idea 1: The Modern Travel Guide 19:25 Startup Idea 2: The anti-social social network34:06 Startup Idea 3: Time Capsules of Shared Memories1) The Anti-TripAdvisor Traveler Problem: Millennials & Gen Z hate cookie-cutter travel experiencesSolution: TikTok-inspired travel app with curated, local gemsKey features:• City-specific guides (coffee shops, bookstores, etc.)• Video carousels showing vibes• Monetize by unlocking full guides ($0.99)How to build MVP:1. Use TikTok API to pull trending local videos2. Transcribe with Descript or Google Speech-to-Text3. Clean up with ChatGPT4. Auto-post to WordPress via ZapierPro tip: Start hyper-niche (e.g., coffeesnobs.xyz) then expand2) The New "Path" - Dunbar's Social Network Problem: We've lost connection with our REAL friendsSolution: Reinvent Path for 2024 - ultra-private social networkKey features:• Max 150 connections (Dunbar's number)• Location-based updates• Simple, minimalist designWhy it could work:• People crave intimate, ad-free spaces• AI makes building faster & cheaper• Charge $20-30/year subscriptionMarketing angle: "The anti-social social network"3) Time Capsules of Shared MemoriesProblem: "Shared albums are where memories go to die"Solution: Physical, ephemeral time capsules of shared experiencesKey features:• Pull from connected social accounts• Curate personalized memory boxes• Make it EASY to send as giftsMonetization:• Subscription for curation• Charge per physical time capsule sentInspiration: Remember Klout? Leverage nostalgia!Bonus insight: People don't change. Our needs stay the same.Products evolve, but human nature is constant. Study the past!Want more free ideas? I collect the best ideas from the pod and give them to you for free in a database. Most of them cost $0 to start (my fav)Get access: https://www.gregisenberg.com/30startupideasLCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/BoringAds — ads agency that will build you profitable ad campaigns http://boringads.com/BoringMarketing — SEO agency and tools to get your organic customers http://boringmarketing.com/Startup Empire - a membership for builders who want to build cash-flowing businesses https://www.startupempire.coFIND ME ON SOCIALX/Twitter: https://twitter.com/gregisenbergInstagram: https://instagram.com/gregisenberg/LinkedIn: https://www.linkedin.com/in/gisenberg/FIND SHAHED ON SOCIALX/Twitter: https://x.com/_shahedkLinkedIn: https://www.linkedin.com/in/shahedkhan/Instagram: https://www.instagram.com/_shahedk/
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