- Joined
- Apr 19, 2019
- Messages
- 164
Rep Bank
$715
$715
User Power: 123%
Hope you're doing good, guys. I've posted a few times this year and wanna give thanks to the people in this forum who give value. Huge shoutout to MJ who also takes his time and interacts with us. Every now and then I come here and log where I'm at, my working ideas and to get some feedback.
One of the things MJ called out in my last posts was that I seemed to be stuck in a "money-chasing" mindset. As soon as he said that I knew he was right. I'm currently re-reading Unscripted and I realized how far away from the path I've strayed. Even though I started my own business last year and made some profit with it, I had nothing near a product that was full of value nor was it really done with CENTS in mind. However, I'm grateful for the experience, the capital I gained and the lessons I learned because if it weren't for that I never would've realize how much stuff I need to change.
Currently in a job but now that I have TUNEF at the forefront and CENTS in mind, I can't stop thinking of what a valuable idea might be. I'm not a very good idea guy in terms of business so my mind is working overtime. I have a few off the top of my head but still need to do some market research to see how useful or wanted this product might actually be (note that I'm just spitballing):
1) A barcode scanner specifically for data entry. If done right, a data scanner would cut data entry time in half. I'm currently working at an office for a distribution/warehouse company and this is one of THE biggest things that makes the office an eternal rush hour. Humans get slow entering data or they're out to lunch or 100 orders come in at the last minute, and suddenly you have towers of work by 4pm when you should be closing by 5pm. I don't if it's just a thing in my company because we're underemployed or because they don't have the right systems in place but this is constant enough that it causes major headaches and slow downs. However, I once had to do a scan of some data and I literally finished everything in like 10 minutes as opposed to the usual 30+ minutes. The boss decided to code some of the data into bar codes (I didn't even know how easy that was) and boom. It worked out awesomely. I was like, "Why don't we do this 100% of the time?!" However, I'm having trouble picturing how exactly I could make this scaleable or packagable, if that makes sense. Would I sell it to distribution companies as a computer program + scanner? Or could those two things come together somehow? Honestly don't know. I'm going to have to look deeper into it. The problem with this is that different companies give out their data differently so I'm gonna have to find a way to make this as universal as possible.
2) A subscription based service to help the elderly that comes with an optional app where maybe you get 8 buys per month or maybe even 1 buy per week. I could be underestimating old people but the idea in my mind is this: my business would deal with all the hassle (gas, going to the grocery store, deliveries, etc.) and make an app with the easiest UI I can possibly imagine where the elderly would literally just point and choose 1)grocery list, 2)payment + address, 3) confirm delivery. I'm almost 100% there's an app for this but I've never seen one or anything similar. I have seen services that bring you your groceries but I've never seen a subscription style service. Maybe I'm overcomplicating things and it'd be much better for the elder to call whenever he needs the buy but whatever. No bad ideas in a brainstorm
3) An ultra diet program that has literally changed my life. I suffer(ed?) from IBS but I was put on such a life changing diet I almost cried the first time I felt the relief. The biggest challenge for this is the marketing and how to make it appealing, because although it really is as straight forward as do this, eat that and boom, your body will immediately see the relief, people will definitely need some prepping to it. At least I think. The other thing is that I don't know on how many people it will actually work on because everybody's body is different. However, I'm 100% confident enough that this could actually change people's life who suffer from types of bowel problems. However, I do feel weird selling this forward when the diet program was made by a naturopath (this man cured my asthma and acid reflux, too, btw). I paid about $50 dollars for the appointment and $30 for each visit (all 100% worth it), so it didn't come out exactly cheap for me. However, I guess my value skew is that you wouldn't have to pay that much to get the results and that you could do it from your own home. Pros: info-product friendly, truly life changing and easy to do. Cons: making it appealing enough, I have no authority on this field other than that it changed my life, I don't know if I need a license to give out this advice and no idea if this will be life changing enough for everyone.
I have a few more but don't wanna clog this up too much. Anyways, currently acquiring money through my job and will soon make it part time to free me up some time to work on my stuff. No side business at the moment, just brainstorming. Any and all feedback is appreciated!
One of the things MJ called out in my last posts was that I seemed to be stuck in a "money-chasing" mindset. As soon as he said that I knew he was right. I'm currently re-reading Unscripted and I realized how far away from the path I've strayed. Even though I started my own business last year and made some profit with it, I had nothing near a product that was full of value nor was it really done with CENTS in mind. However, I'm grateful for the experience, the capital I gained and the lessons I learned because if it weren't for that I never would've realize how much stuff I need to change.
Currently in a job but now that I have TUNEF at the forefront and CENTS in mind, I can't stop thinking of what a valuable idea might be. I'm not a very good idea guy in terms of business so my mind is working overtime. I have a few off the top of my head but still need to do some market research to see how useful or wanted this product might actually be (note that I'm just spitballing):
1) A barcode scanner specifically for data entry. If done right, a data scanner would cut data entry time in half. I'm currently working at an office for a distribution/warehouse company and this is one of THE biggest things that makes the office an eternal rush hour. Humans get slow entering data or they're out to lunch or 100 orders come in at the last minute, and suddenly you have towers of work by 4pm when you should be closing by 5pm. I don't if it's just a thing in my company because we're underemployed or because they don't have the right systems in place but this is constant enough that it causes major headaches and slow downs. However, I once had to do a scan of some data and I literally finished everything in like 10 minutes as opposed to the usual 30+ minutes. The boss decided to code some of the data into bar codes (I didn't even know how easy that was) and boom. It worked out awesomely. I was like, "Why don't we do this 100% of the time?!" However, I'm having trouble picturing how exactly I could make this scaleable or packagable, if that makes sense. Would I sell it to distribution companies as a computer program + scanner? Or could those two things come together somehow? Honestly don't know. I'm going to have to look deeper into it. The problem with this is that different companies give out their data differently so I'm gonna have to find a way to make this as universal as possible.
2) A subscription based service to help the elderly that comes with an optional app where maybe you get 8 buys per month or maybe even 1 buy per week. I could be underestimating old people but the idea in my mind is this: my business would deal with all the hassle (gas, going to the grocery store, deliveries, etc.) and make an app with the easiest UI I can possibly imagine where the elderly would literally just point and choose 1)grocery list, 2)payment + address, 3) confirm delivery. I'm almost 100% there's an app for this but I've never seen one or anything similar. I have seen services that bring you your groceries but I've never seen a subscription style service. Maybe I'm overcomplicating things and it'd be much better for the elder to call whenever he needs the buy but whatever. No bad ideas in a brainstorm
3) An ultra diet program that has literally changed my life. I suffer(ed?) from IBS but I was put on such a life changing diet I almost cried the first time I felt the relief. The biggest challenge for this is the marketing and how to make it appealing, because although it really is as straight forward as do this, eat that and boom, your body will immediately see the relief, people will definitely need some prepping to it. At least I think. The other thing is that I don't know on how many people it will actually work on because everybody's body is different. However, I'm 100% confident enough that this could actually change people's life who suffer from types of bowel problems. However, I do feel weird selling this forward when the diet program was made by a naturopath (this man cured my asthma and acid reflux, too, btw). I paid about $50 dollars for the appointment and $30 for each visit (all 100% worth it), so it didn't come out exactly cheap for me. However, I guess my value skew is that you wouldn't have to pay that much to get the results and that you could do it from your own home. Pros: info-product friendly, truly life changing and easy to do. Cons: making it appealing enough, I have no authority on this field other than that it changed my life, I don't know if I need a license to give out this advice and no idea if this will be life changing enough for everyone.
I have a few more but don't wanna clog this up too much. Anyways, currently acquiring money through my job and will soon make it part time to free me up some time to work on my stuff. No side business at the moment, just brainstorming. Any and all feedback is appreciated!
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. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today