#124 - From Fantasy Stock Betting to Milk Bombs: Generating Idea…
About This Episode
Shaan Puri and guest Elaine Zelby brainstorm several high-potential business ideas ranging from health tech to physical consumer goods. They explore the potential for 'functional milk bombs,' real estate arbitrage for coworking, and the gamification of stock market investing for Gen Z.
Episode Description
Key Takeaways
Identify 'low NPS' (Net Promoter Score) administrative processes, like real estate zoning or DMV visits, and build an abstraction layer to remove the 'schlep' for a fee.
Leverage 'space-time arbitrage' by using commercial properties during their off-hours, such as turning nightclubs into morning fitness studios or breakfast spots into evening ghost kitchens.
Design consumer products for 'Real-World Virality' by making them visual and experiential, such as a milk bomb that fizzes and changes the color of coffee.
Business Ideas Mentioned
Suburban Coworking in Bank Branches
Real Estate
Nightclub Fitness Studio Conversion
Marketplace
Continuous Cortisol Monitoring Device
AI & Automation
Social Fantasy Stock Betting App
SaaS
Functional Milk Bomb Subscription
E-commerce
Automated Real Estate Permitting Platform
Boring Business