After reading the book, I came back on something that I created to fit my own need.
IKEA sold a table designed to go completely over beds, custom fit to match IKEA's beds. The problem was people wanted to buy the table for their own beds at home, but these tables were fit to only IKEA's small sized beds (height wise). This item was eventually discontinued. I was looking for this table to set my lap top on to do work at home in bed (small room) and realized I'd have to make the table myself. I created a better version, one that is adjustable height wise and fits the width of my bed. Here comes the business idea... After reading the book, I remember reading all the comments about how people were trying to make their own version of the table, but nobody was selling an adjustable version. Why not sell an adjustable version to consumers/wholesalers.
-Only would need 4 sizes, for each type of bed (twin, full, queen, king). It has the advantage of having more space on the table over typical laptop trays or half tables. A lot more accessories could come later to make life easier when working in bed/being on bed rest to help build a brand, but that would come after establishing a market.
Some worries: I'm almost positive you can't patent this idea in its current stage. Also, why wouldn't IKEA just make the bed adjustable instead of discontinuing it? Is there really a big enough need for this product to have profitability(by this I mean how can I figure that out)?
Thoughts?
IKEA sold a table designed to go completely over beds, custom fit to match IKEA's beds. The problem was people wanted to buy the table for their own beds at home, but these tables were fit to only IKEA's small sized beds (height wise). This item was eventually discontinued. I was looking for this table to set my lap top on to do work at home in bed (small room) and realized I'd have to make the table myself. I created a better version, one that is adjustable height wise and fits the width of my bed. Here comes the business idea... After reading the book, I remember reading all the comments about how people were trying to make their own version of the table, but nobody was selling an adjustable version. Why not sell an adjustable version to consumers/wholesalers.
-Only would need 4 sizes, for each type of bed (twin, full, queen, king). It has the advantage of having more space on the table over typical laptop trays or half tables. A lot more accessories could come later to make life easier when working in bed/being on bed rest to help build a brand, but that would come after establishing a market.
Some worries: I'm almost positive you can't patent this idea in its current stage. Also, why wouldn't IKEA just make the bed adjustable instead of discontinuing it? Is there really a big enough need for this product to have profitability(by this I mean how can I figure that out)?
Thoughts?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
