Join us for an engaging conversation with Cody Schneider, Co-founder of Swell AI, as we explore a wide range of startup ideas and business opportunities. In this episode, we dive into the potential of LinkedIn short-form video agencies, SaaS startup opportunities, and why AI graphic designer can be huge. Cody shares his insights on why building an audience is crucial for any founder's success. Whether you're aiming to launch your first million-dollar business or are curious about cutting-edge entrepreneurial strategies, this episode is packed with actionable advice and inspiration. Don’t miss this essential guide to launching a successful startup!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: gregisenberg.com/30startupideas🚀 My FREE 5 day email course to learn how to build a business of the future using the ACP funnel:https://www.communityempire.co/free-course🎯 To build your own portfolio businesses powered by community you might enjoy my membership.You'll get my full course with all my secrets on building businesses, peer-groups to keep you accountable, business ideas every single month and more!Spots are limited.https://www.communityempire.co/📬 Join my free newsletter to get weekly startup insights for free:https://www.gregisenberg.com70,000+ people are already subscribed.FIND ME ON SOCIALX/Twitter: https://twitter.com/gregisenbergInstagram: https://instagram.com/gregisenberg/LinkedIn: https://www.linkedin.com/in/gisenberg/FIND CODY ON SOCIALCody’s startup: https://www.swellai.com/X/Twitter: https://tinyurl.com/5fjdn8d7LinkedIn: https://tinyurl.com/28e89f5rTo scale your revenue faster with conversion-focused creative sign up to https://designscientist.comEpisode Timestamps: 0:00 Intro06:17 Startup Idea 1: LinkedIn Short Form Video Agency16:34 Startup Idea 2: Automation Agency22:52 Startup Idea 3: AI Graphic Designer29:32 Startup Idea 4: Newsletter in a Box36:12 Startup Idea 5: Youtube Thumbnail Builder/Directory45:34 Startup Idea 6: Content as a Service50:10 Startup Idea 7: Canva Subtitler52:59 Startup Idea 8: Airline Deals Aggregator1:00:05 Startup Idea 9: Quickbooks for specific niche1:07:47 The Goal of SIP1:11:50 The Power of the Internet1:16:26 High level Content Strategy
Dude, I would pay $13,000 a month for the ability to have a YouTube channel because I'm attracting people interested in the same things I'm interested in. And I could create products that I can sell them and services and stuff like that. I don't have to live in New York City or live in San Francisco because I have a YouTube channel now and I have a podcast.
100%. You can get like deep trust in a one-to-many format. And it's like, I'm just trying to create as much surface area as possible to create like greater serendipity. That's like one of the best quotes. And like the easiest way to do that is build media and just be everywhere. And it just, from that, I'm trying to create digital gravity, right?
Like for brands and for self and for all of this, it's just as much digital mass on the internet as possible to create as much digital gravity as you can as possible.
They should play music, by the way.
I wanted to play music like it just like, you know, have like Thunderstruck or something.
Totally.
Just ACDC, classic dad rock or Creed.
With arms wide open, Cody Schneider. He's back on the pod, Startup Ideas pod. One of your YouTube videos on the pod has like 40 or 50,000 views. I'm hyped, man. It's insane.
I've decided that this is like a residency for me. Vegas has the chain smokers and Greg's pod has me. I'm going to come back whenever they want.
Totally. You sent me a text. You're on. And you sent me a text with a bunch of, I think, nine really amazing ideas. So I want you just to get right into it. Let's go.
Let's go quick. Before we do that, can we talk about this dude that did the cricket thing? I'm so hyped about this. Okay. So this guy DM me on LinkedIn and he works at like a big 10, honestly, a big five marketing agency. Like it's like, you know, top of the list. One of them, it employs one of the, you know, the biggest amounts of people in the US that's in that space.
And spun it up, got two customers already. He's just running Facebook ads, getting like 50 cent emails, just doing a drip nurture, basically upselling them. And he's like, yo, this is... I'm like, from the outside looking in, he's going to build a company on top of this and I'm hyped for him. So anyways, this is what we live for, all right?
It's like people hear this stuff and then they go and they put it out in the wild and tell Greg and I about it. So anyway. So...
100%.
It was like a weekend project. And it looks like he's just using off-the-shelf tooling, right? So just Shopify and then some Shopify apps is the whole thing. That entire company is that. And it's a SaaS business, right? That is a functioning SaaS business by all metrics.
He's got a good name with it too. What is it?
Uh, SVG something. He's really just, yeah, I think something like that. Yeah. SVG collections.com. And, uh, I mean, this is, I think the exact execution of what I envisioned this would be. He basically did it and has the skillset to actually like ship on it. And it sounds like you're just going to cashflow it. Like this is the, his whole plan, which is amazing.
And is he using AI to create the designs? Uh,
Yeah. So that whole build out is using these AI tools. Right. So you're basically using mid journey. You're prompting it to make like a black and white image with a white background, you know, black only. And there's a you have to just figure out the prompting. If you just Google like how to do, you know, basically PNG images with with mid journey, you'll find it.
And then based off of the keywords people are searching for, goes and builds out these collections. And you can then take those images, you upscale them, use an AI vectorizing tool to turn it into a vector, which is what an SGV file is, right? At its core. And then at that point, he basically has unlimited amounts of products or SKUs that he can sell on this.
And then the structure of the business is you basically have to there's all these free products on it, but you have to be signed up. So you have to give your email to basically download all the free ones and then all the premium ones you have to be paying to download those. So there's a bump pricing model. Right. And when you think about that funnel, super easy.
It's just like, cool, offer some type of free download. They can go and get all these free tools, sorry, free SVGs. And then if they're constantly going to see, like your most popular ones, you just make them paywall gated. That's the whole model around this that I would do. And I imagine that's what he's going to do as well.
Totally. Charging $3.99 a month, $3.99 a month. There's no real cost associated with it. His costs are his meta ads that he's doing. So this is a beautiful business. And I think just for people listening, don't just listen. Go take notes and actually do the thing. Because people are doing it. They're listening to this pod and they're cash flowing $10,000 to $100,000 a month sometimes.
So it's kind of crazy.
A hundred percent. And I think that that's the thing with this is like, it looks tiny right now. Right. But like when you think about the audience, like cricket, there's 10 million users. Like he can blow this up into a huge business by just being like a barnacle on the whale of this massive company. Right. And this is already validated.
Like this is, you know, this is going to make money like zero. There is zero doubt anymore. Right. Right. It's now just execution. And so, I mean, for me, this is the highlight. You'd live for this type of thing when people actually go and do the stuff that you're suggesting from a business. All this is junk food right at the end of the day, unless you actually go and ship on it.
Totally. So you saw that. That fired you up. And then you came up with nine ideas just from that. And here you are. What's idea number one?
Idea number one. So LinkedIn video is about the pop-off. I've just got some data from a friend. He did 700,000 impressions in seven days. He's been doing stuff on LinkedIn for two weeks. And all he's doing, he's like Instagram, TikTok famous already. He talks about like business content on those platforms. He's just been porting that content over to LinkedIn, like vertical video.
And it's just been ripping. So he only had 2,700 followers when he started doing this, but still got that many impressions. The reason this is happening is LinkedIn is rolling out like a for you page feed, just like TikTok. So what this means is it's just blue ocean. The content over there, it's terrible, right? Like everybody is like, it's just, you know, BDR is talking to like AEs.
Like that's what's going on here. And so what the opportunity is, is basically building out a company that goes and services founders. And the idea is, is you basically like would interview a founder. You'd come up with, you know, here's these seven different scripts. We'd write these scripts based off the conversation you have.
So imagine you sit down once a week and you interview the founder for an hour. You take those ideas, you turn it into scripts. And then you send that back to the founder. They just sit down, they record it. You give them like recordings, like show them the inflection, the pacing, the whole thing. They just are mimicking it. And they can crank these out in like 10 minutes is what I've seen.
And then you send it back to that agency. And then they create these clips and they go and schedule them. And This is already validated. Like I had a friend just buy this from like another person for like two grand a month. And it's like really what you're doing is you're riding this wave.
The selling mechanism is that I would go after is like there's this huge opportunity for founders to create massive personal brand with this free reach that LinkedIn is like providing. And then it also creates like an inbound, you know, generation for your company. But that is this, I think there's just like, that's a wave that can be ridden right now from a company standpoint.
Like if you just have a little bit of execution prowess and know how to work with offshore teams, like this is easily, I bet you could get this to 30K, you know, a month in like probably 90 to 180 days. Like no questions asked.
So- Hey everyone, if you're anything like me, you've got a ton of design work that you need. Websites, landing pages, emails, social assets, you name it. But you don't just want beautiful landing pages or beautiful websites. You want the stuff that's going to convert. You want the stuff that's going to actually drive value. That's where DesignScientist.com comes in.
It's an agency that for one monthly price will do all your design work, all your copy work, all your engineering and do stuff that actually scales your revenue. You don't need a designer. You need a design scientist. Let's go design scientist dot com. I liked it so much I invested in the business. A lot of people ask me, oh, how did how did I get such a big Twitter audience?
And I got a big Twitter audience when Two things happen. Threads, the ability to create a thread. That wasn't a feature and became a feature on Twitter. And then number two, the feed was latest and it moved to algorithmic. So all of a sudden your content was getting recommended to new followers. My content game didn't change. It was just the platform change. So what you're saying is really smart.
You're saying that the platform LinkedIn is changing and there's going to be a bunch of B2B creators that are going to take advantage of it, but they're going to need sort of a middleman to facilitate it, right?
Thousand percent. And that's the biggest thing with all of this. Any company I'm trying to start, I'm looking for a larger trend that I can attach myself to. Because you don't want to ever educate the market. What you're trying to do is just sell things that people already want to buy. What's going to happen right now is they're going to start seeing these creators just pop off on LinkedIn.
It's already happening. Like it's happening at this moment. It is actively happening. I know like 10 people that are already famous in this space that are all doing this and just going ham on this as a channel. Right. And they're getting like 500 engagements with this content with only like 3000 followers on their account. Like that's unheard of. That's crazy. That doesn't exist. Right.
It's the same moment that exists on Twitter for you. Like, you know, when you basically grew your audience. And so the, the angle here is like founders want to do that. They know they need to do that. They have VC dollars. And so you basically go to them and be like, yo, this is a done for you solution.
It's going to take, uh, you know, let's just throw out a number, like two hours of your mental energy, three hours of your mental energy a week. And we're going to handle everything else for you. We'll do all the data analytics. We'll get smarter with this. And then they start to understand, okay, cool. Like imagine you, uh,
give the like an affiliate link in the uh like the visit my website section on your linkedin profile and then like whatever if you're adding a call to action to the comments and then you can start to track okay cool like these videos were the best performers let's make more like this less like this and it creates a flywheel so again i i yeah i saw your tweet where you were like uh
Nobody's talking about this, but there's founders that built their personal brands on the back of VC subsidies. This is an angle. Another thing that you can basically do for that exact idea, you can just go and capitalize on this bit. People are going to want this. They're going to need this. It's just a company that's right for the taking.
Yeah, to me, there's the entry level pricing, which is probably like $2,500 a month, which is just exactly what you said. But then for like $5,000 to $8,000 a month, you can do lead magnets as a service. So it's like every month we'll create a lead magnet for you.
because like a drip email course totally exactly totally yeah totally yeah and then the third thing is probably just design help so it's like we'll do your you know your band your your banner your cover art we'll go and create you know beautiful infographics so you put that together you target founders and that's the idea how do you actually get to founders though
Yeah, I think that that will be the hardest part. Probably what it turns into is like you are doing your own channel, like you're doing your own clip making and posting on the platform and be like, you want to do this for yourself, like book an intro call. It's probably like a community play. Honestly, it's like drip them into a community and then upsell them into like a service like this.
and where it's like everybody's talking about how do they grow on linkedin like you make the linkedin community for the people that are trying to grow their accounts and then they're going to see oh this is really hard right because it is really hard like i'm talking to my you know like i'm working with like two uh you know two people i know that are really like have deep knowledge in this space to try to figure this out and we
you know, there's no way I don't have that. I have the mental bandwidth or energy to figure this out. Right. So think about that. And then that's what really what you're selling. You're selling the ideation, the creative components of this. And for these creators, man, like it's like, I mean, this is a no brainer. Like they sit down and can crank these scripts out and like, I've seen them do it.
And like three minutes. Right. Cause they just know the cadence. They know the sequencing, all of this. Um, And it's just another play. It's just a product tie service built around a creator that's in a specific category. But this category is business, which we know because we're both doing this, is like a huge category where a lot of money is sloshing around. So that's the opportunity here.
Yeah, absolutely. Here's how I would do the community aspect. So I would get the domain founders going viral on LinkedIn.com. And I'd create a free community where every week I'd give one tip on how to go viral on LinkedIn, like what's working. And then one breaking down another founder and why it's working. So it's like this person, Cody Schneider just got a thousand likes on this post.
Let me break down why that matters. You do a monthly call where you... uh, you know, everyone kind of comes in and it's like a peer to peer group. And at the end, you just say like, Hey, you know, we've got this service. If you want the done for you service, it's going to cost X, Y, Z. Totally.
I think it's brilliant. And I mean, it just, again, shows your expertise and knowledge. It's a repeatable thing. And you're already on the platform doing this research already. You're just repurposing the stuff that you're finding into, into content that you're using as a sales tool. Right. So again, another easy one. I, Look for trends.
The high-level idea here is look for things that are bigger than you that are happening, and then how do you attach yourself to them? It's the classic playbook, especially when you're trying to bootstrap a thing or self-fund it. It's the only way to do it that I've seen it work. When you're trying to convince the world of anything, it's not going to happen, right?
Someone in the comment section is going to be like, but, you know, LinkedIn isn't going to be video first forever. And then in 12 months, you're going to have to shift your business. And it's like, well, even if that is the case, at least now you have a 1 million ARR business with a bunch of founders and you'll just sell them another service to help them grow on LinkedIn.
Thousand percent. I think the other piece of it, too, like as a founder, like somebody that's building this audience, like you get to a scale where you can just do whatever you want. Like, Greg, you have a huge Twitter, right? You can just basically do whatever you want. You don't even have to play the game and things are going to hit.
And that's like there's this there's this tipping point with all these platforms that you can arrive at. And once you're there, it's like the game, the rules change of the game. Right. And so I think that's just another piece, like on the, you know, not on the business owner side, but on the, like why you should even be thinking about building this audience here.
Uh, cause as soon as you have that, I mean, you can just cross, you know, basically like cross promote all of your other social channels and then you have own distribution on every place that you're trying to. So.
All right. My appetite is, is wet. You know, I had some, some bread and I'm ready for idea number two. Hell yeah.
All right. The next one is a one graph business. I'm going to share my screen real quick and show you. So I stumbled on this the other day. AI automation is the keyword. So this is the graph showing the growth of the search volume for that keyword over basically its whole existence. So This is insane to me. Whenever I see this, I immediately, you know, sirens are going off. What does this mean?
How can I get involved with it? And so what people are looking for is basically like, how do I set up? And again, this is one of those things that's obvious. Like people that are in this or know this already, people are trying to figure out how do I create automation with like make.com and Zapier and chat GPT APIs and, you know, basically just setting up these systems. But again,
All these companies, like if you look at McKinsey, what's happening right now is they're just doing this for enterprise, but there's this massive opportunity for like SMBs and small business to basically provide this as a solution, right?
And so, I mean, the small version of this is you build a consulting company that does this, sets this up, where you embed with them and you do a sprint for whatever, three months and automate away. The better companies probably you go and you create some type of productized service where you have like an embedded AI automation engineer
And all they do is just figure out how to automate like every part of your business that they can. And that's easily like, you know, you probably charge eight grand a month for something like that just because the cost savings is like instant for these companies because a lot of it's just like paper pushing that you're automating.
But I think the bigger thing here is they're looking, people are just looking for how do I implement this in my company? And that is the larger wave that's happening. And so if you can just insert yourself here as like a thought leader and probably the distribution strategy, like I would just bid on that keyword, right?
And then every keyword related to like Zapier, make.com, any of these automation tools, Integromat, whatever. I think that changed the make actually, but they like go and basically create tutorials, like use perplexity AI to write tutorials for setups and then have a call to action. That's like, Oh, you like want AI automation consulting or service? Like, you know,
book a discovery call that creates all of your inbound and then it's probably a YouTube channel on top of that but that is again just like another insane business you could probably build and you own a company in this space already which is kind of doing this from my understanding but I don't know if you can talk about it but yeah I'll talk about it I'll talk about it and the reason I'll talk about it is just the space is so big that I don't care if other people come in so we we built a AI newsletter community business called you probably need a robot.com helping people
be more productive using AI. And the biggest lesson we learned is people were asking for AI, but what did they really want? Automation. So I think that in the SMB space, there's huge demand for automation because what is automation? Automation is cost savings. And everyone wants to save costs. So it's an easy sell. So I think from a pricing perspective, what you need to do is
just figure out, okay, if I'm going to save these guys $200,000, how much can I realistically charge them? And that's like the mental model that you need to come up with.
20 grand. That's the number.
Yeah, that's the number, right? I mean, that's the way to think about it. And we're actually launching something in July in this space. And the beauty is we have this
media company that we can just like launch these things to totally and that's the whole point of the owned owned media right like why are we harping on this constantly it's because what this allows for you have the rails you can put whatever you want on it like anything you want to get out in public like again the company can zero to one in 30 days and it's sustainable it's like already cash flow positive and it's sustaining itself when you have these own media channels
And so, again, it's so easy. It's just like content is a grind, right? Like that's the challenge with it. It's like, how do you not do burnout? But it's like just figuring out that, you know, what is that thing that I can do over and over again, weekly, monthly, daily, that's not going to kill me? And then how do I put people behind me to basically run those operations on it? Yeah.
What kills me and what's so funny is that like, we were talking about this, I think on the live stream, but if you go talk to like a banker or like the hours that people are like, oh, content's hard. It's like, this is not that many hours, like in all reality. Like it's not that grindy as people think it is. It's just like, can you show up and do it consistently?
That's the hardest part with this, but.
Totally. And I think it's also... Spend time on figuring out what's your tone, what's your voice, what's your personality, what's your style, what's your structure, what's your format of the content, and then how are you going to basically bring a pipeline of ideas, of content ideas in, and then use that system to help you create a lot of that content. That's what the game is.
Think of yourself as more of a... An editor than a writer. A curator. You're a conductor of the orchestra. You're not playing the flute.
Thousand percent. Thousand percent. I mean, that's really just good business ownership, right? As well. You're trying to basically figure out all the puzzles if you're that deep in it even. But a lot of the times in the early days, there needs to be founder energy to break the laws of physics and get into orbit. Without that, it just doesn't happen in my experience for companies. Yeah.
And then once you get to that place, like, okay, we're in orbit now, then it's like, okay, how do I step back as much as possible? I love that quote from the Kinko's founder. I can't remember his name, but it's like, get out of your business and on top of it. I just always think that that's such a simple way to say that.
the core of the idea and it feels you know with the content side it feels like the same thing here and the company we talked about in you know at the beginning of the episode is literally that right it's like okay cool like i'm help i'm letting other people that are experts in it and for a lot of a lot of founders that are legit like they can go figure this out right but they have i mean i got a million other things that i'm trying to manage at this time so if i can just have somebody i show up for an hour and like i know that content is going to come out of that it's a no-brainer right and so it's that same it's that same thing here
Cool.
I love it. What's idea three?
Yeah, I want to talk about this AI graphic designer thing. I have a tweet that's going viral right now, which is hilarious as we record this. But it's wild to me that there hasn't been one of these made yet that's good. like, and I get pitched these all the time, like in the comments right now, people are like, oh, we built that. And it's like, no, you didn't.
Like, all I'm talking about is like, I just want something where I give it a brand style guy. Like, here's our colors, here's our logos, here's our like fonts. And, you know, now make me a, you know, a podcast thumbnail, right? Or like make me an email header for a newsletter or whatever that is. And it just like, I don't even need it to be
perfect i just want it to be like good enough so that i can then be like oh i like this i'm gonna throw it in figma and i'm basically gonna recreate it something like that almost like a co-pilot in a way and it's insane to me that something like i haven't seen something that does this yet it'll just like all the ones i've seen it just goes off and on this tangent and you end up in no man's land from a design standpoint or just looks like you know it was made in powerpoint in 2009 so i
I don't know if you've seen anything like this, but the other piece of this as a software, like this is something that people are searching for. There isn't a good solution. So if you just figure out like a small version of this, this is a hundred percent like a SAS that can be built out. And I think you could sell it super easily. Like, What's crazy is Canva hasn't moved into this space already.
They, like they, I feel like they're positioned so well where you could just like prompt and it like creates the thing that you're kind of imagining and looking for based off of your brand style, like your brand style guide. But again, it just, it just doesn't exist. And so anyway, I'm curious your thoughts on that.
I mean, it doesn't exist yet. I think they're going to be going, I mean, they're going in that direction. Canva recently did, did you watch any of their, they did like a massive event where No, I didn't see it. No one on tech Twitter was talking about it. And that's the event. Forget WWDC. The Canva event actually had so much that if you're trying to create profitable startups, go watch it.
Go watch what they announced. Dude, some of these titles are insane. Yeah. It's wild. So they're definitely going into AI territory. And I could see them doing some of this. But I think that even if they do it, it doesn't matter. There's always going to be demand for, hey, I need this asset ASAP. And I'm worse than... I'm worse... Even if I'm good at Canva... I'm not the best at Canva.
So, so I think there's an opportunity. If it was just like, imagine like an AI aligned thing, like you'd like throw all the content you want to be in there. And then it just like basically, cause that's really what I think people are actually looking for is like, how do I have it? So it has the proper white space. So it feels right.
How, you know, it's, it's based off the, like, I'm just imagining like I, I put in the title, the text that I want. Right. I, maybe I drop in like a background image and I'm like, okay, cool. Like, turn this into 20 different Facebook ads based off of my brand style guides. And it just like yeets those out, right? Like that's, I think what we're talking about here.
It's not like, and again, to your point, I think you made a really valid point of like, it just has to be better than I am. It doesn't have to be graphic designer level. Like if it's an 80% of a graphic designer, but like a hundred times faster than me, putting in a request to my graphic designer and then I have to wait on them and that whole thing.
If I can just get something out super quickly, you have a market there if the pricing is right on it. And all this stuff, I think, again, you could do super cheaply when it's augmented by AI.
Do you know Design Pickle? Totally. Yeah. I mean, they're OG. Design... OG. Been around for, I don't know, 10, 15 years. They probably do... you know, 30 million a year in revenue. And from what I've seen, they generate a ton of customers from meta ads. I'm constantly seeing their ads on Instagram and they charge about $499, I believe, $499 a month. So it's very, very cheap to get in there.
I think that if you're going to go build this, the way to do it is it's like $99 a month.
99. And Design Pick only allows you to have one thing in the queue at a time. Like if you had it where you could like multi-thread, so you give it... Yeah. Or even here's a list of prompts and then it's working on those simultaneously. I think that that is something that would be incredibly valuable to every company. I mean, I know I want it. Just like...
I was writing an email newsletter this morning. I'm like, fuck, I just want this header to be like in our style. Like I can build it in Figma, but I don't like, I just, you know, can we just have this exist in the next two seconds? Right. And I just copy it over and drop it in. Like that's the, that's the, and maybe that's what it's built on top of.
It's like, it's built on top of Canva and that's your distribution strategy. It's built on top of Figma and it's like just another subscription outside of it. You kind of get platform that way. I mean, it's, it's hard to build, you know, really complex UI things, but, I don't know.
I just think that this like, even if it just came back like variations of ideas, like, okay, here's 20 of them or something. I don't know. If we think about what's happening in the AI writing space where it's like, hey, we give it source material and then we're having it write based off that source material and it's making way better outputs, right?
So when I'm writing from the general knowledge of the LLL, like the LLM, it's super, like it's not, it's pretty average, right? But when I give it awesome source material, it's going to create really decent outputs is what we're seeing. So it's just that same idea, but it's applied in the graphic design space, right? Like here's these brand style guides.
Like I'm just giving you kind of like a box that you have to work in. Now go build within that box. And like what I found is that by putting constraints on these AI tools, like just any of these AI things, like you can, but those limitations allow for it to create way better outputs or the outputs that you're looking for, you know, most of the time.
Cool. I like this one. I do think that the pricing undercutting Design Pickle. Design Pickle, my guess is they have a ton of offshore talent. So the reason they're able to charge so cheap is it's offshore. But my guess is they're not going to create a $99 a month plan. They rode the offshoring wave. You can ride the AI wave. And there's a business here. A hundred percent.
All right. Let's keep the pace going. Just got through the double espresso. So I'm feeling energy now. All right. This is another done for you service for founders. So every founder wants to have a newsletter. None of them want to write it. And so that same thing we were talking about where you sit down with them for an hour, I mean, this could probably be the same service.
It's like, you know, another offering that you have, but you sit down for an hour, you interview them. And you take that transcript and you turn it into a newsletter. And so how do you grow the newsletter? A lot of the time, what I would do is I'd go approach people that already have a Twitter following, a LinkedIn following, something like that.
And I'd be like, okay, we're going to get all those people that already followed you on those platforms onto this newsletter and basically be a sub to the newsletter. So how do you actually do that? We just found this recently, but you can go scrape... people's emails from Twitter.
So like I've just been running this scraper, scraping emails from like my Twitter followers and then using a validation tool to like, okay, are these real or not? And like the data I'm getting back is like almost like 40 to 50% of them are valid emails, which is insane. So the testing that we're running is just sequencing them into the newsletter and seeing what happens, right?
So you can do the same thing on LinkedIn. Use a tool called like SalesQL, I think is what it's called. But you can, again, go and scrape all the connections of a person. And then from that same thing, you can... Basically, SalesQL extracts the emails. You go and validate it, sequence them into the newsletter. And then... At that point, you can probably get a list.
And again, I would go after these people that already have these followings. They want to do this, but they just don't have the operations piece behind it. So again, another super simple business. And that would be really the whole thing. Just set that up. And then the other component of it is build these automations for them.
Use something like Phantom Buster, where it's like every new person that tries to connect with your client, automatically send them a subscribe to my newsletter link with some type of call to action or offer. And then the same thing with Twitter, anybody that follows you, automated DM that goes out to them to follow. And that's how you continue to grow this.
But I think that, and then again, you just, as they follow you, you just, every month you go and scrape them, slowly sequence them in like 200 a day to that list. And then just, you're basically writing the content off of the founder's ideas. And it could be even just like a ride along on their business of what they're doing, right?
But I think this larger theme that we're starting to see is that these founder-led companies like founder-led companies are what's going to happen. Like a founder is basically turning into a media company themselves. And I'm just imagining like what the Beehive founder, like Tyler's doing with his newsletter that's just like updates on the company. How do you do a version of that?
but for like every founder that has some type of audience that they've already built on these other platforms. And then just run that on the background for them. And again, when you interview them, you have the language that they use. You have the ideas that they use. You're basically just translating their raw data that they're providing you into a tone, style, and voice.
And you can prompt it like, yo, here's an insight from this episode. Here's the transcript. you know, write a, whatever, a two paragraph like section based off this transcript about this insight and the tone, style and voice that this transcript has. And you'll get it, you know, 95% of the way there from a voice standpoint, human layer over the top of that.
But I think the growing side of this super easy too. You just go like DM these people and it's just like, send them, hey, we grew this newsletter for XYZ person, right? Show them the data for it. And it's like, All you have to do is you show up an hour a week, we record the session, and that's it. We handle everything else.
It's all handled on the backside, and you get this own distribution channel that creates deeper relationships with your followers and your customers, etc.
Yeah, I like this idea for a few reasons. One is founders are going to look at this as ROAS. They're going to be like, okay, I'm going to pay you $100,000 a year, but... the lifetime value of a customer to me is worth $25,000. So I just need four of these to work. So I love that. And I think that's a new trend, just looking at audience as ROAS, return on audience spend. So that's number one.
And number two, everyone knows that being dependent on any of these one platforms is a bad idea. So everyone's trying to get off these platforms into email or text. So this is just selling schmuck insurance.
You know what I mean?
This is selling schmuck insurance. Don't be a schmuck. Have an email list is like the tagline.
So simple. A hundred percent. The branding could be super cool too. Like around that idea. Right.
Yeah.
Like just like somebody with like, you know, they got their hands in their hair. Like, just like, Oh God, I just got platformed on. Yeah.
Oh no. Did you hear about Roger? Oh, what happened to Roger? Oh, Roger got, Roger got, I thought it was a real person. Exactly. Roger's gone, dude.
That's insane. Anyway, and it's like, that is, I think that's just an easy win. And everybody's trying to do this and trying to figure out how to do this.
I like how when I was, first of all, are you even friends with a person named Roger? Do you even know any Rogers? I know a Roger. I hate him. I've never met a Roger I like. I don't know about you. Yeah, that's true, actually. I don't know what it is about Rogers, but they're polarizing. Put it that way. They're like olives. They're like olives. That's right. Rogers are like olives.
But yeah, I was like, did you hear what happened to Roger? And I saw your heart drop. Dude, immediately. I was like, wait, who? Is it somebody we know? And I saw your heart drop because you're basically not wearing a shirt right now.
so i can see your heart it's peak it's peak summer here in denver right now and i am dying i'm just only in linen and shorts that are way too small but you have to i guess show some thigh otherwise i look like a dad i'm out here i'm just trying to wear car hearts and everybody's like you're not a painter right you work online you have soft hands you do have soft hands i mean just just because you do cold emailing doesn't mean your hands are uh got calluses on them
A hundred percent. They're dirty, but not calloused. Exactly. That's right. All right. I like that idea. Very straightforward. Idea number five. What's idea number six? Okay. Six.
This one is we did a live stream and I literally can't stop thinking about this idea. But it's basically YouTube thumbnails. It's really similar to the cricket one that initially like, you know, everybody kind of got obsessed about. But it's YouTube thumbnails, just like a whole library of them as a subscription. So YouTube is is owning the creator space. Like, why is that happening?
Because monetization is built into the platform. They have the best RPMs. You can just basically make decent money off of your content if you're good. That's the whole concept behind it. Why does every TikToker, Instagram person, everybody ends up on YouTube in the long run over a long enough time horizon? The reason for that is because the monetization is so powerful.
And so with that said, I think the opportunity is basically you build this whole library of these thumbnails that you can just, it's like plug and play. You can go access any one of them. You swap out assets. It's like your face gets swapped in and out, that type of thing. And then the go-to-market strategy here, super straightforward. You just go and scrape every YouTuber's email address.
you can do this like go to fiverr search scrape youtube url your scrape youtube emails you give them like specifications of where you want it to be like i want over 10 000 subs in the usa and uh you know whatever maybe a keyword category you want them in and then you go and you just like cold email them basically access to this tool.
Like, hey, we built a library of thumbnails and maybe it's like some free offer initially. It's like, you know, they get access to a hundred and it's like, if you want access to a hundred thousand, then it's a paid tiers, you know, or access to 10 initially or something like that. But that would be my whole distribution strategy. And I think there's a huge play here.
Especially this younger generation, I am watching them print money on YouTube. And then they use that as a subsidy to go build out these productized services and build out these SaaS companies. And then they go on money Twitter and they're like, yo, I've got negative CAC. And every old head is like looking down at them. They're like, you little fucker. Like how are you doing this basically, right?
So I think that's the opportunity or the larger wave that you can ride with this. Like I think YouTube is becoming the social media and they're owning it, right? They're owning long form. They're owning podcasting. They're owning short form. They're owning monetization. All of the tailwinds are there for this platform to kind of just be the winner. And so I think that's where this goes long term.
So when I post to YouTube, me and my producer come up with a few title and thumbnail ideas. And then we kind of just... We pray for the best. That's basically it, right? So I think that there's an opportunity to, first of all, not just do only thumbnails, combine it with titles because titles are equally as important. And then putting data behind, oh, this title is... Yeah, and I knew you were.
I knew you were about to go there. This speaks to you, right? This idea around, okay, there's a 75% probability that if you use this title, it's going to generate 25% more traffic because the search volume, the this, the that. And you can even, like I use vidIQ. and vidIQ has a ton of really good data.
And this may be something that you like pitch to vidIQ or I don't know if they have an API or anything, but the data is available. Totally, 100%.
I think if you put that to like, hey, this video, like here's the thumbnail title combo and it got this many impressions, this many views, just pull that data out of YouTube and put that in the data set. So like their whole library is that, right? I mean, you know, create some filtering capabilities within it as well.
Like also like a time thing, because what I found, again, people way smarter than me that tell me how all these platforms function. What I found is that there's like, just like there's trends on social, like, you know, like Instagram, et cetera, or TikTok, like with videos or ideas going viral. It's the same idea with like YouTube thumbnail and title combinations, right?
So there's almost like a shelf life to all of these where you have to, you know, you have to be cycling through this, that if you just use the same kind of format over it, people get, uh, there there's fatigue to it, right? It's just like ad fatigue. It's the same idea. They almost get, they get blind to that.
And so the idea here is you could basically like, it's this constant feed, which creates a stickiness from a user standpoint as well. Right? It's like, Hey, we're doing all this data scraping for you. We're pulling in all these variations. And then you're basically providing these templates for them. And I don't even know if you'd have to have it be templates to begin with.
Like I just kind of want access to the YouTube thumbnail and titles. Like this guy, this kid I'm working with, that's like helping me on the YouTube side. Like this is literally, that's actually what I'm paying him to do. It's like, cool. Like here's my product. And I'm going to go find all these YouTube thumbnail and title variations that could be remixed into what my product offering is, right?
And he just has this pulse on how to do that. But I think there's a layer in there that you could add some type of software that would augment that ability to go and find those. And then you just pass it on to your graphic designer. I mean, you could have some AI version of this is like, what's the... How would I take this title and translate it into whatever for the video that I'm about to post?
But I think really it's just like show them a library of ideas with the data attached. And that is where all the value comes from. You know, Canva, what's interesting, you know, we've been talking about a lot today, but like they have all of these templates that are there. What I want to know is like, do these templates actually work?
Like, especially if it's marketing related, like what's the data? Like, okay, if I send this in an email, is this going to be effective? And that is a really interesting idea when you kind of scale that up. Like, what are these other places that this can be applied in? Right.
Um, so I think there's probably like tons of other businesses that are just this, it's like aggregating, like what is working and then what's the trend analysis on top of that for all of these marketing channels that people are investing in currently.
Yeah. I like this. I also like, you know, it's just one of those things where more and more people just, and you said it yourself, they want to be creators. They want to be YouTubers. And it's interesting because now it's bleeding in bleeding into like the B2B space. There's so many founders I talk to now that are like secretly like
that if a youtuber you know like i want a hundred thousand subs on youtube and i'm like what a hundred percent dude i everyone i'm talking to is doing this because it's like it's a clout thing which is weird but the the stranger part and i think the layer like you know the higher level layer of this is it's yeah exactly like what does it say i can't see you too blurry right now so
In the last 30 days on my YouTube, 263,000 views. And that's like long form. Insane. 31,000 hours of time. What's the ad revenue for that to give people perspective? I'm going to give it at the end. I'm not just going to give it to people. That's not how this works. That's not how YouTube works, bro. I thought you wanted to be a YouTuber. And then I added 6,300 subscribers in the last 28 days.
And I made an estimated revenue of $3,000. Totally. $36,000 a year. Totally.
Subsidizes the cost of building that audience, right?
1,000%.
100%.
You can get like deep trust in a one-to-many format. Yeah. And which just creates inbound for you. But the bigger thing, like to your point of like, you no longer have to be there, right? Like, I think that that is, again, another reason like why I started building own media. It's like, I don't have any pedigree, right? Like I'm from bumfuck Idaho, the sticks, right?
in comparison to everybody else that's in this game and so this was like a way to get a leverage point right and so because of that like anybody globally can now do this if you have good ideas and you're sharing them regularly and at scale like this is this way to do that and oh by the way you can get paid for it as well and like totally why is youtube gonna win podcasting i mean we talk about this all the time offline right it's because of this right like you can have like in an hour and a half long video i can have what three to four mid-roll ads occur
I mean, shit, it's just a printer when you get to scale. Right. And so you're making that simultaneously. You know, it goes all down funnel into their companies. And again, it's just it's just this new way to do this business model, which is so interesting to me. I feel like it's it's changing the whole dynamic of how this even functions or works.
And it's almost like you're not even playing the game at the pro level unless you're doing this now. Like I look at the Stan store guy, like he's funded, right? Like classic path, but he's also doing this. And I'm like, you're playing at a caliber, like at a level that is so much higher than like the average VC back founder is now.
Like the game you're playing, like what they're doing traditionally is child's play in comparison to what you're doing, right?
I mean, that's a bonus business idea right there. You make a list of all the VC firms. And specifically, I mean, you start with enterprise B2B ones, and then you make the pitch that their founders need to be media companies and their businesses need to be media companies. And you try to sell it to them as a value add to their portfolio. Hey, we come in and we'll, we'll, we'll create content.
We'll create videos. We'll, you know, do thumbnails. We'll do titles, like all the stuff that we talked about on this pod, but it's going to cost and your customer isn't the founder. It's, it's the people who raise a hundred million dollar fund. Yeah.
100%. 100%. Also, every VC you talk to wants to be famous. Every single one of them. They all get envy on this shit. Like this is something we'd learned at Rupa. I was just, I killed me. I thought it was so funny. Like we grew their Instagram from like zero to like 50,000 followers. And like, I think it was like six-ish months.
And all I was doing was like, we were basically repurposing quotes from the podcast into like those like quote tweets, right? That were like stylized in a brand format. And we were just running Instagram only ads with like follow this account for more content like this to like, all of Instagram basically. But the account just grew exponentially because it was interesting.
It's interesting health stuff. And what that turned into is like VCs were then reaching out to the founder, Tara, and they were like, yo, how are you doing this? What is going on? Because they're all trying to accomplish this as well. So, I mean, you could probably go sell this to them too, where it's like, yo, well, like, it's like, you know, lead interviews that make cool viral moments happen.
And like, there's like a story arc that happens in it. Because I think that's a lot of what people don't know how to do is like, how do I make this compelling story that is actually going to get reach on the platform, right? That's this whole other component of it. So, yeah, I mean, 100%, I think they're there.
There's a whole business in there just like making these people famous and selling it downstream to them through, you know, whoever just wrote a check into them.
I actually think of a better idea is your idea, like selling, selling to them and because they... They could easily write that off as an expense because it's deal flow, right? They're in the business of getting the best possible deals and they need attention and audience to do that. That's why people forget.
But in tech Twitter, in the beginning, the people who had the most amount of followers weren't the entrepreneurs. It was the VCs. Totally. Like the Fred Wilsons and all those guys.
They use it as magnet content. Yep.
Yes, exactly.
And use it as magnet content to get inbound of the best founders in the world. Right. So if you do long form content for them and you basically create this, you know, basically you're making a fishnet to get the best people, like the ideas that they're trying to convey out globally. I mean, then they create inbound, you know, inbound volume.
And to your point, like you probably, the price you could charge a founder, you can probably charge 4X that to a VC if you actually can like ship on it and prove that you do this, which is crazy to even think about. But I think they're thinking about this. Like, I mean, every, I feel like in the last six months, I've seen every, you know, tier A VC firm spin out some type of podcast.
And like all of them are getting like, 30 views on YouTube right now. You came in, you're like, yo, I'm gonna like help you do this. And I think actually how you're doing it right now, Greg, is really interesting where you mix in the long form, like YouTube, like, sorry, like almost podcast content with like the shorter form, like 10 minute, like it's like a classic YouTube video.
So that classic YouTube video is getting the growth to happen. And it's kind of like a top of funnel entry into the channel, which creates like a, you know, that initial initial touch point. And then as they get further down the funnel and start to binge, then they get into the long form content, which creates this long term deeper relationship, which makes them more buyer ready for the product.
Right. And so I think that that model just take that same idea and then apply it like, you know, to the VC. Again, another company that is probably easily a 10 million a year dollar company, if you can figure out how to execute on it.
I love it. All right, man. What else you got for us? I think we're at idea number... I mean, I'm not even going to count those bonus ideas, but I think we're at idea number seven, right?
Yeah, I think we're at seven. This won't be quick. It's kind of it's more of a tool than anything, but it's software. So Canva doesn't have good video captions right now where it's like you basically imagine I upload a video into it and I just like wanted to caption just like all, you know, whatever, Adobe Premiere or any of these other tools.
If you built and there's some apps in the space, but again, they're not super good. But I think there's an opportunity to go and build this. And it's like based off a search volume that I'm seeing, people are definitely searching for it. Canva is like one of the biggest tools. It's one of the fastest growing video editors. It's insane. When you look at it, it's actually nuts.
All this is, is you would basically like, they put a video, imagine you put a video into it. There's like an app section that's in the bottom left-hand corner. They click it. It's like caption this video. It transcribes it, just use like a large whisper model.
And then that gets added and you have like a, you know, you basically can tap into the font styles that's already built into Canva and then add some different variations with like karaoke, et cetera. But I think this is like a, you know, a cool 20K a month type company that's using the distribution, if not bigger, that's using the distribution of Canva.
I have friends that have done this for plugins for Adobe Premiere and all of these other larger tools that are more traditional video editing softwares. But why is VEED beating Canva right now? It's because it has stuff like this. Really, you could probably just go build what VEED has built. And if you clone that into Canva and then just offer that as a suite...
Like you would basically I mean, there's probably an acquisition strategy there as well, because it's like, OK, OK, Canada doesn't have to go build this. They just basically just acquire it and, you know, they roll it out to their whole their whole group. But anyway, yeah, just something I stumbled upon and through Swell, like just people were talking about it.
And I was like, oh, this is like a very interesting, small little tool thing that is probably a great little company that could be run.
Yeah. So I was thinking the same thing. You get to 20K a month and then what you do is then you take like 20K of your profit and you spend it on PR and you just get into like TechCrunch and all these places. And that's when you reach out to Canva and you're like, here's all these articles about us. We're doing 20K a month. We love what you're doing. We want to be a part of the mission.
Is there an opportunity to talk about M&A? And then you sell it to them. Totally. And that's what you do. And that's the playbook for that one. So I like that idea. It's one of those sneaky small ones that could be big.
Totally. Yeah. And the next one, another sneaky small one. Um, yeah. So do you remember Scott's cheap flights? I remember when it first came out, I was like, you know, and I was, I was churning credit cards for points. I, you know, I still do it to this day just cause it's fun. It's like more like a hobby type thing. But I remember when it came out, I was like, this is so legit. It's sick.
It's now going or something stupid. And it's just evolved into this like just behemoth that, you know, it's just, it's lost all, all flavor. Right. So I think that there's this opportunity to resurrect that business idea. And I think there's a really low code version of this that you can do.
So Google flights, you can now go select a city as like your home city, and you can turn on alerts on Google flights to like every city in the world. And what then happens is that at any time in the future that a price between those cities that you've set up drops dramatically, you get an email from Google automatically. It's like, hey, you're trying to fly to Dublin. The price is $3.50 right now.
And I've done this where imagine you get 10 different emails a day of any place that you're trying to go to, right? Yeah. What I imagine this as a business could be is like you say, okay, cool. I go on Facebook. I target people that have like a frequent traveler interest on Facebook. This is a category, an interest group that you can target. You then run ads to those people.
That's like find cheap flights from Denver to anywhere. And you send them to a newsletter. And then that newsletter is all it's doing is it's aggregating the Google flights that are coming in. And it's just putting those into this larger newsletter. And then monetization is charged a subscription. You can probably get a kickback on those as well.
I know Kiwi has an affiliate program that you can do. But then, you know, don't just do that for one city. Do that for like all the major metros in the US. And this is this like super low code thing that you could do with probably just like a Zapier setup that could honestly, in my opinion, like that, again, another easy, like 20K a month company that you could build.
And all those people that you get onto the email, they'll forward that email with all the flights to their friends. And that's how that list grows like organically as time goes on. So again, another just like small random one that... If I was like 20, this is what I would go do because I think it would be fun. I honestly wouldn't build this because I just think it would be super fun.
Here's what I would do in this space because I think you're onto something. You're right that Scott's Cheap Flights has no soul anymore. In fact, it was rebranded to going.com, which come on, that's like, There's no soul to that name versus Scott's Cheap Flights. Like I connect with that.
So I was doing a little bit of research and I found out that there's a Canadian version of Scott's Cheap Flights. What's it called? I'll share my screen real quick. It's called... So the holding company... is called, I think, YDeals.
And so what they do, which is really smart, is they own, for all the different Canadian cities, they have, so the airport in Montreal is YUL, so they own YULDeals.com. And Toronto is YYZ, so they own YYZDeals.com. Super smart. But if you look at the website, like 1998 vibes, and the guy claims that there's millions of Canadians that are subscribed.
So there's an opportunity to reach out to someone like this and be like, how much? Because it doesn't feel like he's... I mean, literally, there's images of Travel 2000 and just... Toronto to Iceland.
It looks like a... Oh my God, dude. This is amazing.
It totally has Craigslist vibes. It's Craigslist vibes. And whenever you see Craigslist vibes... You know they're printing money. You know it. You know it. They don't need to change anything. They've got something that's working. And there's probably an opportunity there. And if there isn't an opportunity to buy it, I think you can just clone a similar version and just bring it into 2024.
what's insane is they're not even ranking for like a ton of keywords. So it must just be like, they literally have a massive list that they're just, every deal goes out through that. People don't realize too, like you get crazy kickbacks from these airline companies if you sell to them as well. Like why did Google spin up Google flights? Like that is the reason. They're-
Basically, an affiliate is what it's turned into, right? Which is a huge item of mine. If you actually look at their P&L, it's super interesting. But again, I think that there's – I love ideas where it's like it happened before and it's like now eroded to now where like its current version is just terrible. And how do you just like do that same idea over and over again?
And that's really what the internet feels like anymore. It's like if you go through enough cycles, you just see the same –
it happening like i'm dying right now watching this younger generation like go through the whole pickup artist and like how do i make money on the internet through an agency like how to build it you know they've been these discord channels like here's how to build a twitter dm agency and make you know tens of thousands put a rollie on your wrist from your parents basement like that type of thing and it's like man this just literally feels like what tim harris was hawking like earlier we were all you know in that that beginning stage so anyway yeah like
The great thing about this too is it's already validated. You know that people want this and this can exist. It's now just, okay, what's the execution piece? But I think just like a simple newsletter, like you just build this on top of Beehive, right? And all this turns into is like each location has a newsletter.
I mean, the other side of it too is you probably, I mean, you could probably go sell the, like that whole, like if you had, you know, 50 of the top cities in the US and they all have a list and each list has 20,000 people on it, like that is not a small number, right? And you could probably go and just flip that to like a larger media org.
So I don't know, just another random thing, especially on the tourism side, which is like a huge play. Like everybody is, you know, anything travel related is typically a really high CPM that you can sell to that, so.
Absolutely. And then you can, you know, if you have these lists, 20,000, 50,000, 75,000, you can also do like, okay, now we're going to do a weekly, here's what's happening in my city newsletter. You know, you can create different newsletters off that foundational newsletter. So it's like come for the deals and stay for like local news. So I think there's a lot of opportunity here.
I think it's a sneaky big idea too. And then, yeah, it's about getting the right domains. Like, I don't know, LGA, LaGuardia, LaGuardiaDeals.com or something like that. And also, even if those are taken in the US and Canada, there's also other countries. Think more globally. And so there's a lot of opportunity in this one. I like it a lot.
All right, we promised people nine official ideas, but you actually had eight on your list. I'm going to give... Not that I feel bad, by the way, because we gave a bonus like three or four. But I'm going to give one more. I have a notes file with all my ideas. And I add, I don't know, two or three ideas per week that just come to me.
And I just pulled it up and I'm going to bring up the latest idea. And I'm curious. I'll just give it away. Screw it. So did you see this? Finaloop? No. What is it?
so finna loop just raised 35 million dollars in series a funding which i didn't even know like series a funding 35 million no that's like yeah you know a typical series a is like five to ten million so it's it's a massive something is working um and basically what it is is uh E-commerce accounting software and service that never slows you down.
So it's real-time bookkeeping for D2C, multi-channel, and wholesale.
Oh, my God.
So they've taken something, which is basically QuickBooks, which we've talked about in the past. Oh, my God. And they've niched it down to D2C and e-com. I love it. And I think the old... So Late Checkout uses a service called Bench.
Okay.
Bench.co. This is the old way of creating a startup. It's kind of like, we're cloud bookkeeping and it's going to be like 300 bucks a month and it's going to be great. But it doesn't speak to anyone, right? It doesn't speak to SaaS. It doesn't speak to crypto startups. It doesn't speak to... It's too broad. It's too broad. So here's my idea. My idea is... Okay, the idea is QuickBooks for X.
Now, what are those different categories? I don't know. They're probably something like QuickBooks for SaaS, QuickBooks for agencies. Real estate. Real estate.
You know what you could do is you could go to the QuickBooks extensions and just look what everybody's trying to integrate with them. And that will give you all the industries that are related to it. And then just look at the biggest categories. And from there you could assess, okay, cool.
This is going to be, you know, there's a huge category that people are trying to connect their QuickBooks data into. I'm just thinking about the real estate one. Cause like, I know there's a platform that's like, which is hilarious. It's like a platform that's built for tax and accounting for real estate that people are trying to get into QuickBooks for their accountant experience.
But I mean, that's probably how I'd go about this of assessing like which one of them is the biggest market opportunity. And then you just go and build that out. But would you focus only on internet businesses or would you try to go for like more traditional?
My hunch is that for internet businesses, there's probably a lot of competition. So I would probably go towards like non... I wouldn't start with SaaS. I bet you there's something maybe a little bit similar. Nonprofits, this is what you do.
4,400 searches a month.
How I'd start this is I'd list out... I think your QuickBooks idea is really smart. Just look at the extensions. I think I would write in a list what are all the different categories based on that and by prompting ChatGBT. And then I would go look for competition. I would say, what is the competition? I'd put that in my Google Sheet.
And then I'd say, I'm not going after something with a lot of competition. I'm just not interested. At this stage in my life, I'm just not interested in going after companies that have raised hundreds or if not billions of dollars. Totally. And then I'd pick one based on, is it a growing trend? Does it have low competition?
Well, like I think to give a concrete example of this, it would be like QuickBooks for like Airbnb entrepreneurs or whatever, like something like that, where it's like, you know, it's a larger wave that's happening and there's businesses that are being built on top of it. I would just look at these platforms because like really DTC is kind of that, right?
Like they're all kind of built on top of Shopify. So it's like find that version of that in these other spaces. Like what's a bigger thing that's happening? And then just like build a custom platform. That's super interesting. This is happening in the EHR space, like in the health world, where it's like you used to have this massive single EHR that everybody would use.
I think one of them is Epic.com. I think it's the name of it, or Epic is the biggest one. They lobby so much. It's insane. Do not build an EHR. Just full stop. Do not build this. If you're listening right now, never even think about this idea. Never approach it. There's no way you can win. You're fighting the government. Yeah.
I think the bigger thing here though, is that people basically spun out like EHRs that were specific for all of these different practitioner types. And you could basically, it's that same idea of like, okay, how do I take this like larger thing? And then just the Craigslist untangling in a different space, right? But do it for accounting. It's all the same ideas, just remixed in different places.
So, but yeah, man, I think that's super interesting of just like, you know, even the nonprofits and all those people are super easy to contact as well.
Like, like Finneloop as an example, like what they're probably doing for growth is they're just cold emailing every Shopify owner and being like, yo, we, we built a custom, you know, uh, taxes integration for, for, it just plugs into your Shopify and it runs on the backend or whatever your, your, you know, the system is that they're using for, uh, there's like SKU management and all that, all that.
But I don't know. I think, uh, I think the play here is always just going back to what is a bigger platform that people are doing or using or some type of business category that you can then go and build that custom solution for.
That's it, man. That's it. That's a wrap. Plus a bunch of bonus ideas. Cody Schneider, how are you feeling about this episode? Dude, I feel good.
I think the first one had the energy. People are going to get tired of me real quick. We're trying to bring the sauce every time. I think the... The bigger thing here that I'm like always, I want to talk more the next time we do this on like what, like here's the actual tactical components of this of how to go market. Because I can say like go email every Shopify person.
But like what I'm really saying is like go to Apollo and you scrape every person that's using Shopify out of Apollo. And you go and you validate those emails with zero bounce. And then you set up a smart lead campaign. And you basically are cold emailing every one of them that like, yo, we do this type of service, this software, right?
So like the actual tactical components of that, I think that that's like a piece of this as well. Because like the idea is fine, but unless you got the distribution part of it, and I think that's why the cricket one was such a bit like a banger thing.
So anyways, I'm going to hold myself to that on the next one is like with everything we talk about, it's like what's the tactical distribution that we're going on and go really deep and heavy on those pieces. Yeah.
yeah cool so on YouTube comment if if you want to see that from Cody I know you want to see it and don't forget to subscribe on YouTube and also to follow what if you're listening on Spotify or you're listening on Apple podcast don't forget to follow because then then you'll know when Cody comes back on so appreciate it Cody thank you so much people can find you on Twitter and
Yeah, Twitter and LinkedIn are my most active. And then the company I'm building right now is Swell AI. We're doing basic content repurposing powered by AI. Go take a look and we'd be stoked to have you. So thanks again, G. Always so fun, man. I live for these things. They're awesome.
Yeah, I love when you get just so excited about an idea like halfway through and I just see your brain just like, it's like you're a kid getting really exciting. Totally. Yeah. You love it.
I love it. I love it. It's a compulsion. Like it's a hundred percent. Like I can't not think it's just for some reason it's like the puzzle piece. I just get the dopamine hit. Right. When it's like, yo, we like, here's this thing. And like, here's, you know, these people that want that thing, like what's the bridge that we can build to do that?
Like that, that is the thing I live for is like that whole, that bridge building piece. Right. Um, it's funny, like, cause I'm not a long-term, I don't, I hate, I don't want to do ops, right? Like I want to figure out the puzzles and hand them off to people that are, you know, can ship on them and just do that over and over again and run that process.
I love building the process and that whole piece, you know, it was kind of that orchestra conversation that we were talking about, but When we do this, it's just like, you know, it's junk food for me, right? Because it's like, here's this idea. How would you actually grow it? And then it's like, boom, here's all these tools in the tool belt that we can tactically, you know, go to deploy.
And it's the same playbooks over and over again. I think that's the thing that like a lot of people don't realize with this stuff is like everything is exactly the same from a growth standpoint. It's just different tweaks that are happening. And, you know, it's only 10% that we're changing to the core, you know, distribution idea. Yeah.
Totally. Yeah, I think it's like a few frameworks. It's like, okay, this idea works. How do we bring it to another geography? Exactly. Okay, this is a trend here that's underserved. And that's why I love going through a bunch of ideas is because you're hearing, okay, it's starting to get into you. Okay, this is how I would approach the problem. It's not this specific idea that I want to take.
100%, 100%.
It also is, again, like this at-bats thing of like, it gets me more at-bats. Like when I can hear from your perspective of how you would approach like, okay, how do I grow this company? And that just creates this like, I don't know. You connect all these thoughts and ideas together, right? That you otherwise... That synthesis happens when you think through these from other people's perspectives.
And then you can go and apply that to whatever it is that you're building currently. And so that's this whole other mechanism. I mean, what's funny is I know you and I probably have... I don't know, 10 of these conversations a week or five of these conversations a week. Only one of them is recorded, right? Like this episode.
But I have founder friends that I talk to on a weekly basis where it's like, yo, I'm seeing this. What are you seeing? This is working. This isn't that type of thing, right? And all I'm trying to do is just more at bats, more looks at pitches so that when I come up to the plate, it's like I have more knowledge of how the pitcher's throwing, et cetera, right? Or whatever. And
you know, to that, that is really the value of this. All we're doing is just taking those conversations and putting them in public. And that, that same idea can be applied in any industry. This is what kills me, right? It's like, this is every industry that you're trying to like build a company in.