How I Launched A $1.5K/Month Science Box For Kids

Startups
View this in your Web Browser IdeaEconomy.net Ideas and Opportunities for Hustling Startups Forwarded this by a smart friend? Subscribe Here. Thursday, August 13, 2020 1 VEED.io - Zero to $1m ARR in 12 Months Bootstrapped VEED.io Video editing SaaS, VEED.io shares their lessons learned growing the company to $83k per month from nothing. Three key ideas are: 1. start with the simplest MVP, 2. validate your ideas fast to make sure there is a market for the product, 3. charge for the product early on. Here is another good article from VEED on how they grew to 50,000 users with no budget. 2 Need business ideas? Watch out for Unbundlings Hundreds of businesses have been started from unbundling other platforms like Craiglist or Reddit. You've probably seen the famous image (above) of all the dozens of spin-offs from Craiglist, attributed to Andrew Parker in 2010. Businesses like AirBnB, eLance, PlentyofFish, oDesk, StubHub, CouchSurfing, and Homeaway all focused on a narrow Craiglist niche. Jakob Greenfield suggests more opportunities with the unbundling of Reddit, spreadsheets, WordPress, hippie culture and more. The flipside of this argument is also interesting. Many of these initial spin-offs are now out of business and there is a re-bundling as the industries consolidate. Business Opportunities: What sub Reddits or Craiglist categories are underserved? Spending a few hours thinking about interesting niches like this is bound to lead to some cool opportunities. 3 The Fastest Way to Become the Person You Want to Be Benjamin-Hardy-Pesonality-Isn't-Permanent Authority Benjamin Hardy makes the case that Personality Isn't Permanent in his latest book.

Whitney Bowen, the founder of Fem ‘n STEM science boxes shares her story of building a $1.5k per month business in a few short months. Whitney sells “STEM (science, technology, engineering and math) themed boxes with all of the necessary materials to carry out four science experiments per box.” This is a good look into what it took to get the business started.

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