The Startup Ideas Podcast
I can't believe he gave away these $1M+/year startup ideas
Wed, 10 Jul 2024
Neer Sharma shared 6 startup ideas and the frameworks he would use to grow them: 1) Baby Fund: a JustGiving for parents to raise money that can only be invested into their kid’s future • Crowdsource money from family/friends at baby showers• Invest only in index tracker funds• Could help solve the "can't afford kids" problem for millennials.2) Anti-Spend: The app that gamifies saving money • Track money you DON'T spend• Show future value of savings• Create dopamine hit from NOT buying• Growth hack: Tap into FIRE and minimalism movements on TikTok3) Cold Turkey: Gamified app to help people quit vaping • Real-time counter shows how long you've been "cold turkey"• Mini-games to distract during cravings• Social sharing for accountability• Potential to expand to other addictions.4) Gold Stars: Gamification app for parents to motivate kids• Think: "Starbucks app, but for kids"• Parents set tasks, kids earn stars• Unlock rewards at milestones (e.g. 100 stars = $10 Amazon item)5) Long Live Research Inc: Personalized longevity research summaries • Input your health concerns/family history• Receive summaries of relevant academic papers• Target the "don't die" community (e.g. Bryan Johnson fans)• Easiest to start, potentially most profitable.6) Ayurvedic Products for the West: Rebrand Indian health products• Create algorithm-breaking packaging and content• Leverage TikTok Shop and influencer marketing• Key: Make it VISUALLY scroll-stopping for maximum algo impact!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 NEER ON SOCIAL:X/Twitter: https://x.com/thisisneerTo improve your rankings your business on Google and using AI for SEO, sign up tohttp://boringmarketing.com/Episode Timestamps: 0:00 Intro02:07 Startup Idea 1: Baby Fund: JustGiving for Parents09:54 Startup Idea 2: Anti-Spend: app that gamifies saving money22:26 Startup Idea 3: Cold Turkey: app to help people quit vaping32:21 Startup Idea 4: Gold Stars: app for parents to motivate kids40:22 Startup Idea 5: Personalized longevity research summaries45:35 Startup Idea 6: Rebrand Indian health products
Full Episode
The last thing that I really look for is distribution hacks and formats. So for instance, if you can break the TikTok algo, then the scale at which products can grow is just so immensely huge. That's definitely like a big thing that I look for.
So, and I think there's probably a thousand startup ideas that you can do just by looking at what's trending on TikTok in terms of challenges and making it easier for those people to do those challenges.
But yeah, that's generally the thesis.
Yeah. I mean, the thesis is algorithm breaking products. That's the stuff that's going to get shared and it's stuff that's going to, you know, really works now. So I do like that thesis. Okay. New character unlocked. Near. I had to... I stalked you on the internet because I saw that you posted some banger ideas. Verified bangers. And I was like, I need to get this guy on the pod sharing the ideas.
Give the people what they want. And you said okay. Thank you. Thank you for coming. So all I know from you are those ideas that you shared. And... They are some of the most interesting ideas that I have seen in a long time. And I see a lot of startup ideas. So I was hoping you could just take us through some of them.
You know, what the idea is, why you think it's interesting, how you'd start them, how you'd grow them. Just give people all that sauce. And let's run.
So we can start top of the list if we want to just kind of work our way down. So the first idea was something called Baby Fund. And the principle of Baby Fund was basically a just giving for parents to raise money for their kids. And that money can only be invested in index tracker funds. And the idea is...
if you invest X amount of money and you maybe keep topping it up, by the time the child is 18, that money will be worth quite a lot of money. And the reason why I thought about it was a whole confluence of different things. So I'm at the age now where all of my friends are thinking about having kids or deciding, oh no, I can't afford to have kids.
And then you hear all of the discussions around the demographic worries in the Western world. cost of childcare, at least in the UK, is a really significant problem and something that is putting off a lot of millennial potential parents. So that kind of drew me to the problem in the first place. And the second thing I was thinking about was, do you know the idea of wedding registries?
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